Techmeme
July 15, 2026, 10:40 AM

Top News

Milana Vinn / Reuters:
Sources: Stripe and PE firm Advent have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday's close, valuing it at $53B+; PYPL jumps 15%+  —  Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc …
Mark Gurman / Bloomberg:
Sources: OpenAI's first device will be a moveable, screen-free smart speaker with a camera and sensors, meant to serve as an AI companion that taps into ChatGPT  —  OpenAI's much-anticipated push into consumer devices is slated to begin with a mobile, screen-free smart speaker designed …
CNBC:
IBM's stock closed down 25.21% on Tuesday, sinking more than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates  —  International Business Machines shares plummeted 25% on Tuesday after the hardware, software and consulting provider released …
Politico:
AI advocates fear New York's moratorium on new data centers could embolden Democrats to enact more state restrictions and seize on the issue in the midterms  —  New York's moratorium on data centers could serve as an opening salvo for leaders in other states looking to rein in tech infrastructure …
Reuters:
China's cyberspace regulator says Apple Intelligence has been registered for use on iPhones in the country; Alibaba says the service will use its Qwen model  —  China's cyberspace regulator said on Wednesday that Apple's on-device generative AI service “Apple Intelligence” has been registered for use on iPhones in the country.
Wall Street Journal:
A group of 26 current and former employees sues Meta for allegedly using AI in layoffs in May to unfairly target workers with disabilities or on protected leave  —  Lawsuit alleges social-media company relied on AI that disproportionately targeted workers with disabilities or who were on medical or parental leave
Derek B. Johnson / CyberScoop:
The Trump administration details its “Gold Eagle” federal clearinghouse for sharing AI cyber threat information between the government and the private sector  —  The White House said the clearinghouse has already started to receive intelligence on vulnerabilities and prioritize patches.
David Ingram / NBC News:
Mark Gurman / Bloomberg:
Muvija M / Reuters:
The UK government proposes a default overnight social media curfew for 16- and 17-year-olds and disabling features like autoplay and infinite scroll by default  —  Britain will introduce a default overnight curfew on social media apps for 16- and 17-year-olds, the government said …
Meytal Vaizberg / Globes:
Israel-based Hemispheric, whose AI model can analyze brain activity measured non-invasively and turn it into quantitative metrics for diagnoses, raised $52M  —  The Israeli company's AI model can analyze brain activity measured by non-invasive means and turn it into quantitative metrics designed …
More: Wired
Jess Weatherbed / The Verge:
Bernhard Warner / New York Times:
Daniel Ek's Neko Health, which offers AI-based full-body scans, raised $700M co-led by Lightspeed and O.G. Venture Partners, sources say at a ~$7B valuation  —  The health tech start-up co-founded by Spotify's Daniel Ek is worth billions more after a new $700 million funding round.
April Roach / CNBC:
Lulu Yilun Chen / Bloomberg:
Sources: DeepSeek has started planning for an IPO in China and may file as soon as this year, allowing it to debut in 2027  —  Chinese AI pioneer DeepSeek has begun preparations for an initial public offering and may file as soon as this year, setting the stage for what could be a landmark debut for the country's technology industry.
MacKenzie Sigalos / CNBC:
PrismML launches Bonsai 27B, a model based on Qwen3.6 27B that it says runs natively on Apple devices via MLX; its CEO says Apple is evaluating the tech  —  Apple is in talks with a small Silicon Valley company that says it can shrink powerful artificial intelligence models enough to run directly …
Marina Temkin / TechCrunch:
Sources: OpenAI researcher Miles Wang is leaving the company to launch an AI drug discovery startup, and is in talks to raise $200M at a $2B valuation  —  Miles Wang, an OpenAI researcher whose work includes using AI to accelerate scientific and biological discovery, is leaving the ChatGPT maker …
More: Telecompaper
Patrick Coffee / Wall Street Journal:
How TikTok Shop sellers are using AI creators and AI twins to boost sales; eMarketer: US sales on TikTok Shop are expected to hit $23.4B in 2026, up 48% YoY  —  Brands issue warnings as more creators use avatars and duplicates of themselves to boost affiliate sales
Camila Grigera Naón / Fortune:
Miami-based Cyclops, which sells an infrastructure platform that bundles crypto and stablecoin services to payments companies, raised a $20M Series A  —  The advent of stablecoins has made it possible to settle global transactions instantly, but many payment providers have yet to catch up …
Sankalp Phartiyal / Bloomberg:
India pledges $13.3B to boost domestic chipmaking, building on a $10B incentive program from 2021, which attracted investments from companies like Micron  —  India pledged a further 1.28 trillion rupees ($13.3 billion) to boost domestic chipmaking, advancing its ambitious bid to become a global manufacturing hub.
Mike Wheatley / SiliconANGLE:
American Growth Insurance, which aims to acquire struggling independent insurance firms and transform them using AI, raised almost $70M  —  A startup called American Growth Insurance said today it has raised almost $70 million in committed equity capital to transform the insurance industry.

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Ivan Penn / New York Times:
Zac Hall / 9to5Mac: