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June 29, 2026, 11:10 AM
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| Song Jung-a / Financial Times: |
South Korea, Samsung, and SK Hynix say they plan to invest ~$590B to build a new chip complex, including four chipmaking plants and a chip packaging cluster — Companies to invest alongside South Korean government in factories to meet surging demand for memory chips| Yi Whan-woo / The Korea Times: |
South Korea unveils plans for new AI data centers backed by ~$357.5B from SK Group, GS Group, and Naver, targeting 8.4GW initially and 18.4GW by 2035 — President Lee Jae Myung speaks during a public briefing on the government's three flagship mega projects at Cheong Wa Dae in Seoul, Monday.
More: CNBC, Bloomberg, Reuters, Seoul Economic Daily, Pulse 2.0, Korea JoongAng Daily, and XDA Developers
| Sergiu Gatlan / BleepingComputer: |
The US DOJ seizes nearly 400 domains for illegally streaming 2026 FIFA World Cup matches; last week, ACE, UEFA, and more shut down 44 domains linked to PirloTV — The U.S. Justice Department's Criminal Division has seized nearly 400 web domains used for illegally streaming matches at the FIFA World Cup.| James Hunt / The Block: |
Filing: Strategy paused its bitcoin acquisitions last week, instead topping up its USD reserve to $2.55B and announcing a $1B digital credit buyback program — Quick Take — Strategy paused its bitcoin acquisition last week despite raising $1.15 billion in MSTR proceeds, with its total holdings remaining at 847,363 BTC.| Kif Leswing / CNBC: |
Soaring memory costs are posing existential threats to small electronics makers, amid thin margins, low supply chain leverage, and little room for price hikes — Earlier this year, Mono Technologies assembled and shipped nearly 1,000 units of its flagship product, a $600 router development kit.
More: Fortune and Wall Street Journal
| Hassan Mujtaba / Wccftech: |
More: 9to5Mac, Ghacks, New York Times, The Decoder, Notebookcheck, PC Gamer, Digital Trends, WJHG-TV, CBS News, Comic Book, and Kotaku
| Emma Roth / The Verge: |
Rocket Lab plans to acquire Iridium for $8B and combine Rocket Lab's launch services with Iridium's satellite-based communications network to rival SpaceX — Iridium's constellation of 66 satellites provides communications for 2.5 million subscribers.
More: TechCrunch, Axios, Benzinga, Reuters, SpaceNews, Iridium Communications Inc., Washington …, Bloomberg Law, Dow Jones Newswires, The Next Web, Yahoo Finance, 3DPrint.com, Bloomberg, CNBC, Wall Street Journal, Pulse 2.0, Advanced Television, Motley Fool, Blockonomi, and CoinDesk
X: @ashleevance, @spacekoala, @acecrouton, and @rocketlab
LinkedIn: Akash Sriram and John Lusk
| Reuters: |
Sources: CXMT and Tencent sign a ~$3B, three-year DRAM supply agreement for servers ahead of CXMT's IPO; CXMT is in talks with other major Chinese companies — Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has signed a long-term supply agreement with Tencent Holdings (0700.HK) … | Jyoti Mann / The Information: |
Internal documents: Meta is placing strict limits on how engineers in its applied AI division can use Claude Code and Codex, fearing inadvertent distillation — As Meta Platforms tries to wean itself off expensive AI coding applications from Anthropic and OpenAI, it is confronting a difficult challenge …
More: XDA Developers, SecurityWeek, Business Insider, and TestingCatalog AI News
| Matt Burgess / Wired: |
Google VP of Security Engineering Heather Adkins warns the EU's DMA proposals to open Android and Search could lead to a significant rise in fraud within weeks — Europe's pro-competition proposals could see Google Search and Android systems opened up. The company claims there are serious privacy flaws.
Bluesky: @robin.berjon.com
| Max Miller / Engadget: |
A look at security flaws, police misuse, and other concerns over the 100K+ AI-enabled automated license plate readers installed across the US, mostly from Flock — “You can't get a breath of fresh air ... without us knowing.” — Thanks to the rise of AI, a new kind of surveillance camera …
More: Futurism, The Next Web, Cult of Mac, and VTDigger
| Timothy Prickett Morgan / The Next Platform: |
Academic papers and conference materials offer a deep dive into China's all-CPU LineShine, which pairs custom 304-core Arm CPUs with HBM to top the Top500 — It has been nine years since a Chinese HPC supercomputer was at the top of the High Performance Linpack performance rankings … | Victoria Albert / Wall Street Journal: |
An interview with Axon CEO Rick Smith, who transformed the Taser maker into a policing software company, as its revenue from AI policing tools rises 700%+ YoY — Taser and body-cam king Rick Smith is betting Axon's dominance—and his own pay package—on his tech-driven vision| David Segal / New York Times: |
How a Polymarket dispute over a single syllable ignited a bitter debate; Polymarket uses Risk Labs' Optimistic Oracle to decide ~200K tough call bets per month — In mid-April, a long and testy argument erupted online over a seemingly trivial question: Did a guy in a video say “Donk”?| Mark Maurer / Wall Street Journal: |
AI is forcing consulting firms to shift from hourly billing to fixed-fee or outcome-based pricing, a transition proving slow and difficult for the industry — As AI threatens to make the billable hour obsolete, professional-services firms wrestle with reinventing how they charge clients
More: Business Insider and Bloomberg Law
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