Techmeme
July 15, 2026, 1:15 PM

Top News

Max A. Cherney / Reuters:
ASML says Intel has decided to use ASML's next-gen High NA EUV machines to make some of its flagship Panther Lake laptop chips; a High NA machine costs ~$400M  —  Intel (INTC.O) has decided to use a high-end machine from ASML to manufacture some of its flagship Panther Lake laptop chips …
April Roach / CNBC:
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 …
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.
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 …
Megan Morrone / Axios:
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 …
Bloomberg:
Source: OnePlus will begin to cease operations in the US and Europe as early as this week and Realme will exit China as part of a restructuring by parent Oppo  —  OnePlus, a consumer electronics brand that gained a loyal following with its lineup of aggressively priced Android smartphones …
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 …
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
Sean Hollister / The Verge:
Court filing: Google says it is ready to add third-party app stores in Google Play in the US on July 22, as Google and Epic withdraw their joint motion  —  Get ready for rival app stores inside of Google Play. … Epic Games and Google have just jointly withdrawn their attempt …
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.
Jess Weatherbed / The Verge:
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 …
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:
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.
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 …

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