Techmeme
June 16, 2026, 7:45 AM

Top News

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 …
Ben Thompson / Stratechery:
Axios:
Financial Times:
Sam Sabin / Axios:
Molly Taft / Wired:
Filing: the US DOJ asks court to dismiss an NAACP suit over xAI's gas turbines, saying xAI is integral to US' military operations, including 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: EngadgetBluesky: @mattburgess1, @naomiaklein, @blkahn, and @mollytaft.comForums: r/technology
Financial Times:
Sources: audited financial figures show OpenAI spending hit $34B in 2025, including $19B on research and development and nearly $6B on sales and marketing  —  Audited figures reveal mounting costs from model development, infrastructure and rapid expansion
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:
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 …
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.
Yasutaka Tamura / Bloomberg:
Taxi-hailing app Go's shares grew 21% in its Tokyo debut, after it raised ~$553M in Japan's largest IPO in 2026, giving the company a market value of ~$1.16B  —  Taxi-hailing app provider Go Inc.'s shares advanced 10% in its trading debut on the Tokyo Stock Exchange on Tuesday …
More: The Next Web
Alex Ebert / Bloomberg Law:
Florida sues TikTok for allegedly violating its social media regulations for minors and state consumer protection laws by showing “X-Rated” content to minors  —  TikTok Inc. is violating Florida social media regulations for minors and state consumer protection laws by misrepresenting …
Reuters:
India blocks Telegram until June 22 citing its use by organized “cheating rackets” to “defraud candidates” taking a national medical entrance examination  —  India has blocked the Telegram messaging app until June 22, saying the platform has been used to “defraud candidates” …

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