Techmeme
July 10, 2026, 8:40 PM

Top News

Chance Miller / 9to5Mac:
CNBC:
Apple alleges that Tang Tan, OpenAI's chief hardware officer and a former Apple VP, has directed Apple staffers interviewing at OpenAI to share Apple secrets  —  Apple on Friday sued OpenAI in federal court in Northern California, alleging trade secret theft, saying that the artificial intelligence lab took …
Sarah Perez / TechCrunch:
Apple says OpenAI leadership “normalized” misconduct and OpenAI's hardware business is “rotten to its core by its illegal reliance” on stolen trade secrets  —  Apple filed a lawsuit Friday against OpenAI over allegations of trade secret theft and breach of contract.
Mark Gurman / Bloomberg:
Apple claims OpenAI recruited 400+ ex-Apple employees, including an iPhone engineer who allegedly downloaded confidential hardware files before joining OpenAI  —  Apple Inc. sued OpenAI for trade secret theft, accusing the artificial intelligence startup and its hardware chief of engaging …
Megan Morrone / Axios:
Karen Freifeld / Reuters:
The Department of Commerce loosens export controls to the UAE, letting G42 and US companies like Apple, Meta, and xAI export AI chips to UAE without a license  —  The U.S. Department of Commerce loosened export controls on the United Arab Emirates on Friday, making it easier to export military items …
Corbin Bolies / Variety:
Meta says it will discontinue a feature that allowed users to generate images in Meta AI using public Instagram accounts, following days of criticism  —  Meta said it will discontinue an AI feature that allowed users to generate images using public Instagram accounts following days of criticism …
Ina Fried / Axios:
Privacy advocates, CAA, and SAG-AFTRA slam Meta's Muse Image, which let users create AI images using the likenesses of people with public Instagram accounts  —  Meta's move to allow user to create AI images using the likenesses of people with public Instagram accounts is drawing criticism from several camps …
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.
Kif Leswing / CNBC:
SK Hynix closed up 12.76% at $168.01 in its first day of trading on Nasdaq, after raising $26.5B in the largest ever US market debut by a foreign company  —  SK Hynix rose 13% in its first day of trading on Nasdaq, closing at $168.01, as U.S. investors jumped at the opportunity to get a stake …
Eric Geller / Cybersecurity Dive:
CISA says weak security controls around the use of public GitHub repos allowed a contractor to accidentally leak private cloud access keys and other credentials  —  The agency's blog post came as lawmakers pressed the agency for answers.  —  Weak security controls around the use …
Reuters:
SK Hynix CEO Kwak Noh-Jung says the memory industry is heading for its worst-ever supply shortage in 2027 and demand will outstrip supply beyond 2030  —  SK Hynix (000660.KS) Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027 …
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 …
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 …
Madhumita Murgia / Financial Times:
OpenAI and Google sold AI services to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, reigniting calls for tighter US regulation of AI models  —  US groups have been supplying AI services to Singapore-based subsidiaries of Alibaba, Baidu and Tencent.
Sarah Perez / TechCrunch:
Filing: college social app Fizz accuses Maveron's Jerry Lu of giving confidential info to rival Sidechat after he met with Fizz as a potential investor in 2022  —  A years-long lawsuit between the college-focused social app Fizz and rival Sidechat over unfair competition practices has taken an interesting turn.
More: RuntimeWire
Thinking Machines Lab:
Thinking Machines says its mission is to build AI that people and organizations can shape and make their own, and that “extends human will and judgment”  —  The mission of Thinking Machines is to build AI that extends human will and judgment.  —  Artificial intelligence …
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 …
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:
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 …
Juro Osawa / The Information:

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More News

M.G. Siegler / Spyglass:

Earlier Picks

SemiAnalysis:
Andrew Ackerman / Washington Post:
Axios: