3 hours ago
SpaceX Acquires Cursor Parent Anysphere for $60 Billion, Four Days After Its $2 Trillion IPO
Key Takeaways SpaceX will acquire Anysphere in an all-stock transaction, with Cursor becoming a wholly owned subsidiary after the merger closes through a SpaceX subsidiary called X67 Inc. SpaceX had secured an option in April 2026 to either acquire Cursor for $60 billion later in the year, or pay $10…
12 hours ago
Meta Launches AI Mode In-Feed Search on Facebook: Morgan Stanley Sees $10B+ Annual Revenue Potential
Key Takeaways Meta rolled out AI Mode on June 15, 2026, integrating Meta AI directly into Facebook Search and feed experiences for contextual, generative responses based on public platform data. Morgan Stanley analyst Brian Nowak projects the feature could generate over $10 billion annually in high-margin revenue if it captures…
1 day ago
UK Announces Sweeping Social Media Ban for Under-16s, Including TikTok, YouTube, Instagram, and More Platforms
Key Takeaways The ban covers Snapchat, TikTok, YouTube, Instagram, Facebook, and X, but there is no intention to include messaging services like WhatsApp and Signal. Starmer said the government intends to pass the regulation before Christmas, meaning the ban could come into force around spring 2027. The “Australia plus” model…
1 day ago
Anthropic Disagrees With Its Own Shutdown of Claude Fable 5, And That’s the Real Story
Key Takeaways Anthropic received Friday’s export order and abruptly disabled Fable 5 and Mythos 5 worldwide to ensure compliance. Anthropic said the jailbreak exposed simple vulnerabilities discoverable by other public models without Mythos-specific advantages. Amazon CEO Andy Jassy raised concerns directly with senior administration officials on Thursday, after Amazon researchers…
4 days ago
Cash App Is Now a Phone Company, $40 Unlimited 5G on AT&T’s Network
Key Takeaways Cash App Mobile is priced at $40 per month, including taxes and fees, designed for “Modern Earners,” young adults, underbanked consumers, and gig workers. The plan includes unlimited talk, text, premium 5G data, unlimited HD streaming, 10GB of monthly hotspot usage in the US, and data roaming in…
