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June 29, 2026, 12:30 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
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.
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
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.
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) …
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 …
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 …
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.
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”?
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:30 PM ET, June 29, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
Comcast plans to spin off its media and entertainment assets, including NBCUniversal and Sky, into a new publicly traded entity, set to close by mid-2027

New York Times:
Sources: CNN CEO Mark Thompson told Paramount he would not share oversight of CNN with another exec, as David Ellison weighs whether to put Bari Weiss in charge

Dan Mangan / CNBC:
SCOTUS rejects President Trump's bid to appeal a New York federal court jury's $5M verdict that found he sexually abused and defamed E. Jean Carroll

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
Marton Eder / Bloomberg:
Letter: Austria is pushing the EU to consider hosting Anthropic within its borders, highlighting EU efforts to boost bloc independence from US and Chinese tech
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