Techmeme
July 7, 2026, 7:00 AM

Top News

Bloomberg:
Microsoft's Xbox plans to cut ~3,200 jobs over the next year, including 1,600 on Monday, and divest up to five studios, including Ninja Theory, in a “reset”  —  Compulsion and Double Fine studios will become independent; Undead Labs and Ninja Theory will be sold.
More: Kotaku, Game File, XBOX Wire, IGN, The Verge, Aftermath, Benzinga, IGN, Kotaku, GamesIndustry.biz, Silicon Republic, Reuters, Polygon.com, GamesRadar, Gameranx, Digital Foundry, Video Games Chronicle, 80 Level, Forbes, The Information, PC Gamer, Rock, Paper, Shotgun, Kotaku, Push Square, @theweek, TechSpot, The Daily Upside, Yahoo Finance, Aftermath, Game Developer, Double Fine, Capital Brief, Blue's News, Cord Cutters News, Blaze Media, GeekWire, Windows Central, Rogue, Pure Xbox, Los Angeles Times, TBPN, Fortune, ScreenRant, MarketWatch, UPI, T3, Aftermath, New York Times, KFTC-TV, Washington Post, iPhone in Canada, CNN, The Verge, Business Today, The Movie Blog, Radio Times, Ars Technica, DayOne, PCWorld, and Yahoo Tech
Ben Fritz / Wall Street Journal:
Tom Warren / The Verge:
Reuters:
Samsung estimates Q2 operating profit of ~$58.44B, up 19x from Q2 2025 and above ~$57.02B est., and revenue up 129% YoY to ~$111.7B; Samsung's stock drops 5%+  —  Samsung Electronics (005930.KS) on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier …
Anthropic:
Anthropic researchers detail J-space, a small set of neural patterns in Claude that reveals internal thoughts that don't appear in the model's output  —  As you read this sentence, circuits in your brain are adjusting your posture, controlling your breathing, and transforming lines and curves on the screen into recognizable words.
Reuters:
Sources: DeepSeek is in the early stages of developing its own AI chip designed for inference, in a bid to reduce its reliance on Nvidia and Huawei hardware  —  Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce …
Andrew Chung / Reuters:
SCOTUS declines to block a Texas law requiring app stores and developers to verify the age of mobile device users, and for minors to obtain parental consent  —  The U.S. Supreme Court declined on Monday to block a Texas law requiring app stores and developers to verify the age of mobile device users …
Tim Fernholz / TechCrunch:
US autonomous military vehicle startup Forterra says it deployed 100+ Lancer UGVs, based on Polaris ATVs, in Ukraine since 2025, completing 1,100+ missions  —  Forterra, a US builder of autonomous vehicles, revealed today that more than 100 of its self-driving ATVs have been deployed …
Bloomberg:
Munich-based nuclear fusion startup Proxima Fusion raised €411M led by trading firm XTX and UK-based East X at a €2.4B valuation, with participation from Google  —  German startup Proxima Fusion has raised €411 million ($469 million) from a range of investors …
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 …
Reuters:
Counterpoint: China smartphone sales fell 13% YoY during the 618 shopping festival as brands raised prices to offset memory costs; Honor fell 33% and Xiaomi 24%  —  Smartphone sales in China fell 13% year-on-year during the month-long 618 shopping festival, as brands raised prices …
More: Benzinga

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More News

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Earlier Picks

Adam Harrington / CBS News:
Andrew Webster / The Verge:
James Hunt / The Block:
CNBC: