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Techmeme

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ASML's stock is up 64% YTD, but trails the broader US chip sector as the industry focuses spending on processes outside of lithography like advanced packaging (Bloomberg)
Chinese investors are using tokenized stocks bought with stablecoins like USDT to bypass Beijing's capital controls and mimic bets on hot US IPOs like SpaceX (Financial Times)
The crackdown on online scam centers in Cambodia is leading some gangs to relocate to Sri Lanka, where authorities say they have arrested 1,000+ people in 2026 (Bloomberg)
Microsoft's June 2026 Patch Tuesday fixes a record ~200 Windows security flaws, nearly three dozen of them critical, amid growing use of AI to find bugs (Brian Krebs/Krebs on Security)
Walmart outlined a future where AI will change how people work, not necessarily how many work, at its annual Associates Week, as it accelerates AI adoption (Gregory Meyer/Financial Times)
An expert panel with Daron Acemoglu, Dean Ball, Ethan Mollick, and Clara Shih discusses AI's impact on jobs and how to prepare for the future of work (New York Times)
Sixteen economists on what AI will mean for the US economy, workers, and workplaces: AI will boost productivity in the near term, but only two expect more jobs (Wall Street Journal)
Sources: SpaceX aims to launch orbital AI computing tests by late 2027 and has requested permission from regulators to launch up to 1M data-center satellites (Akash Sriram/Reuters)
ServiceNow says attackers exploited a flaw, patched on June 5, that let unauthenticated users query data from customer instances, but gives few other details (Lawrence Abrams/BleepingComputer)
CoreWeave founders have sold $2.3B in stock since the company's lockup period expired in August after a March 2025 IPO, reducing their combined holdings by ~25% (Ella Feldman/Bloomberg)
Seattle City Council votes 9-0 to enact a one-year moratorium on new large data centers and study their impact; Mayor Katie Wilson is expected to sign the bill (Greg Kim/The Seattle Times)
Stepful, an AI-powered online training platform for healthcare workers, raised a $55M Series C led by Oak HC/FT, bringing its total funding to $105M (Heather Landi/Fierce Healthcare)
Sources: Canadian payments company Nuvei is in advanced talks to acquire NYC-based cross-border payments company Payoneer for ~$2.7B and could sign within days (Milana Vinn/Reuters)
Apple says 79% of all iPhones and 86% of iPhones released in the past four years were running iOS 26 as of June 7, vs. 82% and 88% for iOS 18 before WWDC 2025 (Joe Rossignol/MacRumors)
Kalshi plans to require users seeking to make bets in some markets linked to material nonpublic information to submit an online form disclosing where they work (Wall Street Journal)
Claude Fable 5 hands-on: impressive results working on complex projects, like building an interactive isochrone map or a data analysis tool in just 9.5 hours (Ethan Mollick/One Useful Thing)
Anthropic says Fable 5 has invisible safeguards that use prompt modification, steering vectors, or PEFT to limit its effectiveness for building frontier LLMs (Matthias Bastian/The Decoder)
Docs: ~34K Instagram accounts, including Obama's White House account, were affected in the breach tied to Meta's AI chatbot; attackers changed 3,500+ usernames (New York Times)
Analysis: Trump and his sons profited $2.3B+ from four crypto ventures including $TRUMP since January 2025, while other investors in those projects lost ~$2.3B (Reuters)
Super Micro Computer aims to raise $7B in a series of equity and equity-linked financing transactions to fund its component purchases to satisfy AI orders (Harshita Mary Varghese/Reuters)

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