Techmeme
July 10, 2026, 10:01 AM

Top News

Axios:
Zac Hall / 9to5Mac:
OpenAI:
Bloomberg:
SK Hynix raises $26.5B in the largest ever US market debut by a foreign company, selling 177.9M ADRs for $149 each; the sale was more than 7x oversubscribed  —  SK Hynix Inc. raised $26.5 billion in its American depositary receipt offering, as the South Korean memory chipmaker powered through volatility …
Wall Street Journal:
Sources: Netflix executives are increasingly worried about declining engagement and are exploring adding live TV and bundling streaming services like Peacock  —  Streamer is rethinking some of its core strategies to compete with rivals  —  Top Netflix executives who gathered …
Wall Street Journal:
Fidji Simo, OpenAI's CEO of AGI Deployment, says she will step down and become a part-time adviser after her medical condition worsened; Simo joined in August  —  The head of artificial general intelligence won't return from extended medical leave, a major leadership change as the AI giant prepares to go public
Adam Satariano / New York Times:
In preliminary findings, the EU Commission said Facebook's and Instagram's “addictive design” violates the DSA, telling Meta to make changes or risk hefty fines  —  European Union authorities said the company's use of “addictive design” violated a digital safety law.
Andrew Ackerman / Washington Post:
Federal Reserve Chair Kevin Warsh names Marc Andreessen and Xbox CEO Asha Sharma to lead a task force on the economic impact of new technologies, including AI  —  The billionaire investor will help shape how the Federal Reserve assesses a technology his firm has bet heavily on.
Vildana Hajric / Bloomberg:
Circle says it received US regulator approval to start a national digital-currency trust bank, allowing it to offer institutional custody services  —  Circle Internet Group Inc. received approval to start a national digital-currency trust bank to support its stablecoin business …
SemiAnalysis:
A look at Meta Superintelligence Labs' growth in the past year, including a top-tier RL environment and compute ramp that could catch up to Anthropic and OpenAI  —  A top tier RL environment startup spawns out of thin air, the most aggressive compute ramp we've ever seen, 2000km+ scale-across, and some advice for Google DeepMind
Hannah Lang / Reuters:
Coinbase's chief legal officer, Paul Grewal, is stepping down after six years; VP of legal Molly Abraham will take his role with the title of general counsel  —  Coinbase (COIN.O)'s Chief Legal Officer Paul Grewal is stepping down after six years at the U.S. crypto giant where he fought off …
Sam Clark / Politico:
The EU Parliament advances a bill letting tech companies scan for CSAM, reviving a proposal rejected in March, with an exemption for E2EE services like WhatsApp  —  Top-level pressure and obscure procedures breathe new life into a controversial proposal to allow scanning for online child sexual abuse material.
Saritha Rai / Bloomberg:
Malaysia Prime Minister Anwar Ibrahim plans to debut an agentic AI avatar of himself within days, which is meant to help the public navigate government services  —  Malaysia Prime Minister Anwar Ibrahim is about to do something very few heads of government have done: send an artificial intelligence version …
Lily Mae Lazarus / Fortune:

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Featured Podcasts

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Channels with Peter Kafka:
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Training Data:
Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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More News

Boone Ashworth / Wired:
Rose Horowitch / The Atlantic:

Earlier Picks

Jarred Sumner / bun.com:
Dominic Preston / The Verge:
More: Meta, CNBC, Silicon Republic, Business Standard, Constellation Research, Android Authority, Social Media Today, Quartz, CNET, Reuters, Spyglass, TestingCatalog AI News, and Axios
LinkedIn: Hyung Won Chung and Wen Shi