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Techmeme
June 16, 2026, 9:01 AM
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Top News

Reuters:
SEC filing: SpaceX agrees to acquire Cursor in a merger valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee  —  Elon Musk's SpaceX (SPCX.O) said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor …
Business Insider:
A profile of Cursor, including its hiring process and testy relationship with Anthropic, which told Cursor that Claude Code was a research effort, per a source  —  How the world's hottest AI coding company hitched its fate to Elon Musk's rocket ship  —  I n 2019, Michael Truell, a shy …
Axios:
Sources say Anthropic struggles to speak the Trump administration's language; a White House official says Anthropic “screwed us” as it didn't “honor” a cyber EO  —  Anthropic has once again found itself in the Trump administration's crosshairs over an inability to communicate effectively, sources tell Axios.
Ben Thompson / Stratechery:
Anthropic's origin story is rooted in OpenAI not taking safety seriously enough, so only Anthropic can control AI and everyone else, including the US government
Financial Times:
Source: Anthropic was given 90 minutes to comply and wasn't provided with detailed concerns before the Commerce Department imposed export controls on its models
Sam Sabin / Axios:
Letter: US cybersecurity leaders urge the White House to lift the ban on Anthropic's Mythos 5 and Fable 5, arguing the move hurts defenders more than attackers
Molly Taft / Wired:
Filing: the US DOJ asks the court to dismiss an NAACP lawsuit over xAI's gas turbines, saying xAI is integral to the US' military operations, like the Iran War  —  In a bid to dismiss a lawsuit over xAI's polluting gas turbines, the Justice Department claimed the company is integral to military operations—including the Iran War.
More: Engadget.  Bluesky: @naomiaklein, @blkahn, @mollytaft.com, and @mattburgess1.  Forums: r/technology
Jason Schreier / Bloomberg:
Sources: several Xbox studios, including Hellblade maker Ninja Theory, are in talks with Microsoft to buy themselves back and go independent to avoid closure  —  The studios, which include Compulsion Games and Double Fine, are in active negotiations with Xbox and may be given the chance to go independent.
Arjun Kharpal / CNBC:
SpaceX's stock closed up 19.6% on June 15, its first full day of trading; Musk said it “might be able to reach” ~$1T in revenue in 2030, up from $18.7B in 2025  —  SpaceX shares climbed 20% on Monday, the first full day of trading following a record-breaking debut last week on the Nasdaq.
CNBC:
SpaceX's IPO raised a total of $85.7B as underwriters exercised their overallotment of shares; the additional money is bigger than almost all tech IPOs to date
Ed Zitron / Ed Zitron's Where's Your Ed At:
Docs: audited financial figures show OpenAI spent $34B in 2025, up 172% YoY, including $19B on research and development and nearly $6B on sales and marketing  —  Today, I can exclusively report, based on audited financial documents viewed by this publication that have been independently verified …
Simon van Zuylen-Wood / New York Magazine:
An interview with SBF about life in prison, his serialized prison memoir titled Manfred, and more, as he praises Trump, becomes a Republican, and seeks a pardon  —  Sam Bankman-Fried is incarcerated at a federal prison in Lompoc, California, which sits northwest of Santa Barbara and is dubbed “the City of Arts and Flowers.”
Wired:
Memo: CTO Andrew Bosworth said Meta did “an atrocious job” sharing Applied AI's vision, promising employees better communication, career growth, and more perks  —  In an internal memo seen by WIRED, Bosworth promised employees more stability, better communication …
Colin Campbell / Axios:
Copia, an industrial code management and recovery provider, raised $26M co-led by AE Ventures and Squadra Ventures, after previously raising $16.4M  —  Copia, an industrial code management and recovery provider, raised $26 million co-led by AE Ventures and Squadra Ventures, CEO Adam Gluck tells Axios Pro exclusively.
Brian Thomas / OpenRouter Blog:
OpenRouter debuts Fusion, a tool that prompts multiple AI models in parallel, claiming it can “reach and surpass Fable-level performance on deep research tasks”  —  We've found that synthesizing the results of multiple models can significantly outperform what individual models are capable of.
Lucinda Shen / Axios:
Atom Computing, one of the nine quantum computing startups backed by the US, raised a $100M Series C led by Third Point, bringing its total funding to $300M  —  Quantum company Atom Computing raised a $100 million Series C led by Third Point Ventures, it tells Axios exclusively.

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This is a Techmeme archive page. It shows how the site appeared at 9:01 AM ET, June 16, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Brian Steinberg / Variety:
Consultancy Madison & Wall estimates a combined Fox and Roku would capture 14% of all US TV ad revenue and 16% of US streaming ad revenue

Nieman Lab:
RISJ's 2026 Digital News Report: social media and video networks are now more popular as a source of news than TV and owned and operated news websites and apps

Wall Street Journal:
Sources: the DOJ closed an investigation of Paramount's bid for WBD before career staffers who were concerned about the acquisition had an opportunity to object

More News

Reuters:
India blocks Telegram until June 22 citing its use by organized “cheating rackets” to “defraud candidates” taking a national medical entrance examination
Lauren Forristal / TechCrunch:
Meta debuts new AI features, including an “AI Mode” that uses Meta AI to search for answers pulled from public posts across Facebook, including Groups and Reels

Earlier Picks

Jonathan Stempel / Reuters:
A US judge dismisses xAI's lawsuit alleging OpenAI stole trade secrets, saying xAI failed to show that OpenAI induced a former xAI engineer to divulge Grok info
A.J. Vicens / Reuters:
Google says a Chinese-linked hacking group targeted US and Canadian academic, medical, and military research institutions from September 2023 to November 2025
Reuters:
Canadian payments company Nuvei agrees to acquire NY-based cross-border payments company Payoneer for ~$2.75B in cash; the deal is expected to close in mid-2027
Assiatou Hann / CNBC:
Electronic Arts launches EA Advertising, which lets brands integrate directly into gameplay through dynamic, real-time placements, including stadium signage
Samantha Subin / CNBC:
Salesforce agrees to acquire AI customer service platform Fin, formerly known as Intercom, for ~$3.6B, in a deal expected to close in Q4 of its 2027 fiscal year
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