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June 29, 2026, 1:45 PM
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Top News

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
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.
Hassan Mujtaba / Wccftech:
Jefferies: memory prices are expected to rise 40%-50% in Q3 2026 and 30%-40% in Q4, as Chinese memory makers are unlikely to provide meaningful near-term relief
Ming-Chi Kuo:
Kuo: the memory supply-demand gap will widen through 2027, with an estimated 15%-20% of 2026 consumer electronics capacity shifting to data centers in 2027
Marcus Mendes / 9to5Mac:
WhatsApp rolls out username reservations globally, allowing users to claim a unique name before the privacy-focused feature launches later this year  —  Following years of anticipation and months of preparation, WhatsApp today began rolling out username reservations worldwide …
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.
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.
TechCrunch:
SCOTUS limits the law enforcement use of “geofence” warrants, saying people have “a reasonable expectation of privacy” in their cell-phone location data  —  Zack Whittaker Lorenzo Franceschi-Bicchierai  —  The U.S. Supreme Court on Monday limited the law enforcement use of …
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 …
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) …
Catherine Perloff / The Information:
Sources: Amazon is weighing using OpenAI's and its own Nova models to cut costs after Anthropic raised prices for using its models in Amazon products  —  As Anthropic grows to become a leading AI model used by enterprises, it's been flexing its power with customers—including one of its most important early backers, Amazon.
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.
NPR:
SCOTUS finds that Trump's 2025 firing of FTC Commissioner Rebecca Kelly Slaughter without cause was lawful, placing independence of several agencies in doubt  —  The U.S. Supreme Court on Thursday further overturned a 91-year-old precedent that has prevented presidents from removing members of independent agencies at will.
Joanna Glasner / Crunchbase News:
In Q2, there were thirteen $1B+ US venture-backed startup exits, either through acquisition or IPO, the most exits since the 2021 market peak  —  Startup exits valued at $1 billion or more are now more numerous than at any point since the 2021 market peak, Crunchbase data shows.

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This is a Techmeme archive page. It shows how the site appeared at 1:45 PM ET, June 29, 2026.

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From Mediagazer

Angela Fu / Poynter:
A look at what a Democratic-controlled Congress could focus on to protect press freedom, including investigating the FCC and reforming transparency laws

Matthew Keys / TheDesk.net:
Newsmax reported Q3 net income of $15.2M and revenue up 52.5% YoY to $69M, including a one-time $14M termination payment for a canceled ad deal; NMAX rose 31.4%

Winston Cho / The Hollywood Reporter:
A group of consumers refiles a lawsuit to unwind Paramount's WBD deal, citing HBO Max and Paramount+ bundling, the ouster of DC Studios heads, and budget cuts

More News

Bloomberg:
Verizon and the UK's BT agree to create a joint venture for their international businesses with ~$4B in combined yearly revenue; Verizon will pay $625M to BT

Earlier Picks

Ben Jiang / South China Morning Post:
DeepSeek details DSpark, a speculative decoding framework for its V4 models, saying it speeds up AI inference by up to 85% and was tested on Gemma and Qwen
New York Times:
Google's Earthquake Alerts system reached 11.4M+ Android users ahead of Venezuela's June 24 earthquakes, providing seconds or up to two minutes of prior notice
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