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July 10, 2026, 1:30 PM
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memeorandum
WeSmirchTop News
| 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.
More: European Commission, The Verge, The Guardian, Thurrott, AppleInsider, International Business Times, TechCrunch, CNBC, Android Authority, New York Post, Deseret News, The Register, Digital Trends, Reuters, Associated Press, UPI, Engadget, Agence France-Presse, European Commission, Sweden Herald, Cyprus Mail, France 24, The Irish Times, Quartz, Sharecast, Bloomberg, and The Mac Observer
Bluesky: @stevepeers, @lopcode.com, and @alexvonwitzleben
Mastodon: @brucelawson@social … and @claesdevreese@mastodon.social
Forums: r/technology, r/europe, and r/technology
| M.G. Siegler / Spyglass: |
Like the Claude app it imitates, the new ChatGPT “Super App”, which merges Codex with ChatGPT, is a tangle of toggles and strange UI decisions — Even if it's ultimately the right call, the new Mac app is a mess... I am so confused right now. I mean that literally.
More: OpenAI, Business Insider, 9to5Mac, The Mac Observer, The Neuron, Business Today, and Fortune India
X: @theo, @mweinbach, and @thsottiaux
| Zac Hall / 9to5Mac: |
| Kif Leswing / CNBC: |
SK Hynix opens up 14% at $170 after raising $26.5B in the largest ever US market debut by a foreign company — SK Hynix opened at $170 per share on the Nasdaq on Friday, rising about 14%, as U.S. investors jumped at the opportunity to get a stake in South Korea's second-most valuable company.
More: Financial Times, Agence France-Presse, Tom's Hardware, Bloomberg, PYMNTS, MarketWatch, Tom's Hardware, SK hynix Inc., Korea JoongAng Daily, Wall Street Journal, Nikkei Asia, Yahoo Finance, Quartz, BBC, Korea JoongAng Daily, Blockonomi, Benzinga, Blockonomi, The Mac Observer, Forbes Middle East, Dow Jones Newswires, Fast Company, Tech Funding News, Investor's Business Daily, The Information, Barchart.com, Barron's Online, CoinDesk, Coinpedia Fintech News, BBC News, THE INVESTOR, The Business Times, Bloomberg, and Reuters
X: @firstadopter and @jimcramer
| Bloomberg: |
Analysis: Alphabet, Amazon, Meta, Microsoft, and Oracle, the top spenders on new US data centers, collectively added ~$350B in debt over the past five years — The largest builders of artificial intelligence data centers have doubled their debt load in the last five years …
More: Financial Times, The Next Web, Techstrong IT, and Tech Funding News
| Madhumita Murgia / Financial Times: |
OpenAI and Google are selling their advanced AI models to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, exposing a gap in the US' AI controls — US groups have been supplying AI services to Singapore-based subsidiaries of Alibaba, Baidu and Tencent.
More: SiliconANGLE, Benzinga, AI Policy Daily, Watcher Guru, and NewsMax.com
X: @suchenzang. Bluesky: @brunojnavarro. Mastodon: @newsguyusa@flipboard.social. Forums: r/technology
| 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 …
More: Circle Internet Financial, FinTech Global, Decrypt, Blockchain.News, Watcher Guru, Fast Company, PaymentsJournal, CryptoNinjas, Bitcoin Magazine, Proactive, The Crypto Times, Benzinga, Investor's Business Daily, Bitcoin News, Barron's Online, Cointelegraph, crypto.news, Reuters, Blockonomi, The Block, CoinDesk, Quartz, and CryptoPotato. LinkedIn: Patrick Hansen
| 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
More: New York Times, Wired, The Verge, San Francisco Business Times, New York Post, CNBC, Quartz, Adweek, Inc.com, Business Insider, Business Today, Agence France-Presse, MediaPost, The Wrap, Platformer, PYMNTS, Daring Fireball, and Variety
X: @fidjissimo, @sama, @gdb, @lindaggriffith1, @kevinweil, @sriramk, @sriramk, and @amir
| 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
More: Motley Fool, ZeroHedge News, and Investing.com
| 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 …
More: Business Insider, Puck, TechCrunch, 9to5Mac, PCMag, Thurrott, Barron's Online, Android Authority, Barrett Media, Media Play News, Newsmax, Kotaku, Streaming Better, TechRadar, T3, The Mac Observer, Cord Cutters News, Blockonomi, The Streamable, Advanced Television, Digital Trends, Radio Times, The A.V. Club, and The Wrap
X: @chamath, @quinnypig, @davemorgannyc, @mgsiegler, and @claireatki
LinkedIn: Dylan Jones, Judi Jordan, and Christian Grece
Bluesky: @tyleraking.com, @jimwitkins, @porkchoptbp, @carnage4life, @jjinandtonic, @melissaryan, @michaelsderby, and @bradmossesq
Forums: r/television, r/netflix, and r/MediaMergers
| Matt Kapko / CyberScoop: |
A US court sentences a former ransomware negotiator to 70 months in prison for colluding with BlackCat to extort $75.3M from five of his employer's clients — Angelo Martino exploited his insider position and fed confidential information to ransomware co-conspirators to extort a combined $75.3 million from five U.S.-based victims.| 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 …
More: Biometric Update
| Cristian Dina / The Next Web: |
Munich-based QuantumDiamonds, which uses quantum sensors to detect chip defects, raised €91M, including €76M under the European Chips Act — QuantumDiamonds, a spin-out of the Technical University of Munich, has raised €91M to scale a diamond-based tool that spots hidden defects inside advanced chips.
More: QuantumDiamonds
| Bloomberg: |
Phia, a shopping app co-founded by Phoebe Gates that has raised $43.5M, appears to be using fake clicks or “cookie stuffing” to claim affiliate commissions — Phia, an advertising startup co-founded by Phoebe Gates, daughter of billionaire Microsoft Corp. co-founder Bill Gates …
X: @oliviasolon
| Bloomberg: |
MiniMax is looking to raise as much as $2B by selling 35.6M shares at ~$34 each and offering ~$830M in zero-coupon convertible bonds due in 2027 — MiniMax Group Inc. is joining a rush by Chinese technology companies to tap markets for funding aimed at the artificial intelligence buildout …
More: RuntimeWire, Dow Jones Newswires, MiniMax, Reuters, and Crypto Briefing
| Zijing Wu / Financial Times: |
Sources: Manus' investors and management are discussing unwinding Meta's $2B buyout at the same valuation, with Tencent in talks to become the largest investor — Chinese tech giant set to become largest shareholder in AI agent start-up after Beijing ordered reversal of US takeover
More: Tom's Hardware, The Economic Times, Bloomberg, Reuters, and Blockonomi
| Cameron Faulkner / The Verge: |
Xreal launches $299 A01 Plus AR glasses, weighing just 62 grams and featuring 1080p micro OLED panels with a 120Hz refresh rate and a 50-degree field of view — The A01 Plus are flimsier and have fewer features than the 1S, but they might deliver exactly what you're looking for.
More: Gizmodo
| Boone Ashworth / Wired: |
1X says its humanoid robot Neo's five-fingered hands have tendon-style actuators that give them 25 degrees of freedom of movement; human hands usually have 27 — The soft, weirdly sexualized home-chore robot has been given some very tactile hands. — Friendly home robots have been the dream of sci-fi for a long time.
More: The Hans India, Digital Trends, Digit, and Mashable
| 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.
More: Board of Governors …, Axios, Game Informer, crypto.news, PocketGamer.biz, 80 Level, Kotaku, Cointelegraph, The Decoder, Motley Fool, The Crypto Times, Benzinga, and The American Conservative
X: @andrewcurran_, @matthewstoller, @matthewstoller, @afinetheorem, @thestalwart, and @vtg2. LinkedIn: Todd H Baker
| Muvija M / Reuters: |
The UK designates Microsoft, Google, Amazon, and Oracle as critical third-party financial sector suppliers, bringing them under direct regulatory oversight — Britain has designated cloud service providers Microsoft (MSFT.O), Google (GOOGL.O), Amazon (AMZN.O) and Oracle (ORCL.N) … | Bloomberg: |
Sources: AI contractor marketplace Mercor is discussing raising new funds at a ~$20B valuation, after raising a $350M Series C at a $10B valuation in October — Mercor, a startup that helps improve artificial intelligence models with rich specialized data, is discussing raising new funds …
More: New York Times and Tech Funding News
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