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July 6, 2026, 2:05 PM
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Bloomberg:
Xbox CEO Asha Sharma says the unit will divest five studios, including Ninja Theory, alongside ~3,200 job cuts, to streamline the business, in a “reset”  —  Compulsion and Double Fine studios will become independent; Undead Labs and Ninja Theory will be sold.
More: XBOX Wire, The Verge, IGN, Game File, Aftermath, GamesIndustry.biz, Reuters, Kotaku, The Information, Polygon.com, Forbes, MarketWatch, T3, The Verge, Business Today, Ars Technica, PCWorld, Finimize, Tom's Hardware, BBC, Rock, Paper, Shotgun, Kotaku, This Week in Videogames, HotHardware, Associated Press, PCMag, GamesBeat, GeekWire, Fortune, Game Developer, GamesBeat, GamesRadar, TheGamer, UPI, Washington Post, New York Times, VideoCardz.com, Aftermath, ScreenRant, Watcher Guru, iPhone in Canada, The Next Web, Game Informer, The Movie Blog, DayOne, TheDesk.net, Pure Xbox, PC Gamer, Mashable, GamingBolt, Comic Book, Blue's News, Digit, Yahoo Finance, Tech4Gamers, CBS News, PocketGamer.biz, Neowin, MobileSyrup, Variety, Dexerto, TechRadar, Video Games Chronicle, Notebookcheck, Deadline, The Tech Portal, The Game Business, 80 Level, Push Square, Yahoo Tech, Digital Trends, 9to5Toys, Mobilegamer.biz, Press Start, and Telecompaper
X: @asha_shar, @doublefine, @compulsiongames, @eric_seufert, @eric_seufert, @paultassi, @carygolomb, @daviddoel, @stephentotilo, @g27status, @knoebelbroet, @zacbowden, @bdsams, @rohankarmoon, @stephentotilo, @mikedrucker, @dotodoya, @wario64, @thetranscript_, @stephentotilo, @dansgaming, and @welfare_jbp
LinkedIn: Liam McDonald and Sam Carlisle
Bluesky: @jasonschreier, @dringo, @jasonschreier, @mattmday, @jasonschreier, and @zeboydgames
Forums: r/Minecraft, r/diablo4, r/StateOfDecay, r/dishonored, r/ImmersiveSim, r/gaming, r/LastStandMedia, r/videogames, r/Asmongold, r/StateOfDecay, r/kindafunny, r/PS5, r/gamernews, r/XboxGamePass, r/NoSodiumStarfield, r/gamingnews, r/Overwatch, r/StateofDecay3, r/pcgaming, r/DOUBLEFINE, r/Games, r/xbox, r/GearsOfWar, r/wow, r/Games, r/StateofDecay2, r/consoles, r/Steam, r/TwoBestFriendsPlay, r/TwoBestFriendsPlay, and r/france
Tom Warren / The Verge:
Microsoft is laying off ~4,800 employees, or ~2.1% of its workforce; most are in sales or Xbox, where ~20% of jobs are set to be cut by the end of FY 2027  —  Most of the job losses are in Microsoft's Xbox and commercial sales organizations. … A year after cutting around 9,100 employees …
Anniek Bao / CNBC:
SemiAnalysis: Nvidia delays its next-gen AI rack system Kyber NVL144 by 12+ months to 2028 due to PCB manufacturing issues, and cancels its NVL72x2 architecture  —  NVIDIA's next marquee product — the Kyber rack-scale architecture designed to house its 2027 Rubin Ultra chips …
CNBC:
Anthropic signs a 20-year, ~$19B lease to use a TeraWulf data center in Kentucky, set to have a ~400MW capacity and to start delivering power in H2 2027  —  Anthropic on Monday signed a 20-year lease to use a TeraWulf data center in Kentucky.  —  The data center, located about an hour southwest …
Akash Sriram / Reuters:
Broadcom agrees to expand its Apple partnership through 2031 to develop and supply custom chips; in 2023, the companies announced a multibillion-dollar 5G deal  —  Broadcom (AVGO.O) said on Monday it has agreed to expand its partnership with Apple (AAPL.O) through 2031 to develop and supply custom chips …
Reuters:
SK Hynix launches a US share sale on the Nasdaq to raise ~$28B, selling 17.79M new shares; the final listing price is due Thursday before trading starts Friday  —  South Korean chipmaker SK Hynix (000660.KS) on Monday launched a U.S. share sale to raise 43 trillion won ($28.07 billion) …
Bill Toulas / BleepingComputer:
Researchers document JadePuffer, the first known “agentic ransomware”, which adapts in real time by retrying steps to execute an end-to-end extortion operation  —  Researchers identified what they believe is the first documented case of a ransomware operation, JadePuffer …
Sam Witteveen / VentureBeat:
Tencent releases Hy3, a 295B-parameter model that it says is competitive with GLM-5.1 and 5.2, under the Apache 2.0 license, following a preview launch in April  —  For the past year, the awkward secret of the open-weight model boom has been that many of the strongest Chinese releases …
Andrew Webster / The Verge:
Nintendo plans to stop selling the original Switch, Lite, and OLED in Europe from mid-February 2027 and update the Switch 2 to comply with new EU battery rules  —  The decision comes alongside an update to the Switch 2 to coincide with European battery regulations.
Ming-Chi Kuo:
Kuo: Apple suppliers plan to ship <1M foldable iPhones in Q3 2026, which may push the start of device preorders and sales to Q4, with weeks of delivery delays  —  My latest industry survey indicates that assembly shipments for the foldable iPhone in 2H26 will be roughly 7-8 million units …
Connie Loizos / TechCrunch:
An interview with Agility Robotics CEO Peggy Johnson on why the startup is going public via a SPAC, the physical layer as its core advantage, safety, and more  —  The humanoid robotics market is awash in money right now.  Last week, AI2 Robotics, a Shenzhen-based startup that makes wheeled humanoid robots …
More: Benzinga
James Hunt / The Block:
Filing: Strategy sold 3,588 bitcoin for ~$216M between June 29 and July 5 to replenish its USD reserve; its holdings have an $11.4B paper loss at current prices  —  Quick Take  — Strategy has sold 3,588 BTC for approximately $216 million, reducing its total holdings to 843,775 BTC.
Julia Hornstein / The Information:
Source: Mercor hit over $2B in gross revenue run rate in June, double its pace in April, and is profitable on a free cash flow basis  —  Mercor hit over $2 billion in gross revenue run rate in June, double its pace earlier this year, according to a person with direct knowledge of the company's financials.
More: RuntimeWire
Adam Harrington / CBS News:
Illinois Governor JB Pritzker signs SB 315, a bill requiring annual third-party safety audits of leading AI companies; OpenAI and Anthropic backed the bill  —  Add CBS News on Google  —  Illinois Gov. JB Pritzker on Monday signed legislation aimed at holding artificial intelligence companies accountable.
Eric Katz / NOTUS:
Doc: a draft US Treasury Department report is set to warn about the AI market's risks, likening key aspects to the dotcom bubble bursting in the early 2000s  —  Publicly, the Trump administration is bullish about AI.  Privately, some of its analysts are weighing AI against the dotcom bust.

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This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, July 6, 2026.

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From Mediagazer

The Hollywood Reporter:
The Sky-ITV deal raises questions about US ownership of the UK's largest commercially funded free-to-air network and a key part of its cultural landscape

Lucas Shaw / Bloomberg:
Sources: Netflix is studying its data to see why viewers quit its shows after S1, with some shows seeing a 30%-70% S2 drop, as it faces a quarter without hits

Alex Ritman / Variety:
AI-focused studio Particle 6 plans a full-length feature film to be led by the AI “actor” Tilly Norwood, as a hybrid production using film and TV professionals

More News

Brian Danga / The Block:
Ripple secures CASP authorization from Luxembourg's financial regulator, making it fully MiCA-compliant to offer crypto services across 30 EEA countries

Earlier Picks

Eli Tan / New York Times:
A look at Threads and an interview with Head of Threads Connor Hayes, as the platform passes 500M MAUs and increasingly resembles Reddit with a community focus
New York Times:
Analysis: nearly 1M $TRUMP retail buyers lost a combined $3.81B, while <500K mostly early wallets captured $4B in gains, a textbook memecoin wealth transfer
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