techmeme

Techmeme

15 events on 2026-07-02role: thematic3d historyaccess: keyless

Keeps: headline

← prev day2026-07-02next day →all history

2026-07-02A look at the CSOP SK Hynix Leveraged ETF, which trades in Hong Kong and has ballooned into a $13B fund, becoming the world's largest single-stock leveraged ETF (Bloomberg)
Techmeme permalink: https://www.techmeme.com/260702/p9#a260702p9 <a href="https://www.bloomberg.com/news/features/2026-07-01/how-a-13-billion-leveraged-etf-drives-volatility-in-a-key-ai-memory-stock?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2l
2026-07-02A survey of US adults finds 56% support banning social media for under-16s, while 21% oppose; majorities across demographic and partisan groups support a ban (Pew Research Center)
Techmeme permalink: https://www.techmeme.com/260702/p8#a260702p8 <a href="https://www.pewresearch.org/short-reads/2026/07/01/majority-of-americans-support-banning-social-media-for-kids-under-16/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260702/i8.jpg
2026-07-02Nansen: about two-thirds of Trump's memecoin investors are currently in the red, and 85% of World Liberty's $WLFI buyers on the secondary market are underwater (Wall Street Journal)
Techmeme permalink: https://www.techmeme.com/260702/p7#a260702p7 <a href="https://www.wsj.com/finance/currencies/trump-made-1-billion-on-crypto-deals-while-his-fans-lost-a-fortune-408754c9?st=EqVyz4&reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4"
2026-07-02UK lawyers say the tide of AI-assisted employment claims is straining an already overloaded employment tribunal system, whose backlog has doubled in two years (Delphine Strauss/Financial Times)
Techmeme permalink: https://www.techmeme.com/260702/p6#a260702p6 <a href="https://www.ft.com/content/f2b02e7d-c3ca-42d0-a575-ea1f62550900"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260702/i6.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/
2026-07-02CarbonSix, which is developing AI automation and robotic intelligence tech for manufacturing, raised a $40M Series A co-led by DSC Investment and LB Investment (FinSMEs)
Techmeme permalink: https://www.techmeme.com/260702/p5#a260702p5 <a href="https://www.finsmes.com/2026/07/carbonsix-raises-40m-in-series-a-funding.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260702/i5.jpg" vspace="4" /></a> <p><a href="https://www
2026-07-02Indian IT company Persistent Systems offers to acquire its Germany-based peer Nagarro for $1.45B; Indian IT companies are ramping up M&A as AI reshapes growth (Sayan Chakraborty/Nikkei Asia)
Techmeme permalink: https://www.techmeme.com/260702/p4#a260702p4 <a href="https://asia.nikkei.com/business/technology/indian-it-firms-ramp-up-acquisitions-as-ai-reshapes-growth"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260702/i4.jpg" vspace="4" /></a
2026-07-02An EU draft proposal dated June 30 shows the bloc is weighing weaker climate impact rules for gas-powered data centers, after heavy lobbying from tech groups (Financial Times)
Techmeme permalink: https://www.techmeme.com/260702/p3#a260702p3 <a href="https://www.ft.com/content/21358a9a-b93b-443c-8a68-6fed89c8b3a6"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260702/i3.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/
2026-07-02Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program (Phoebe Liu/The Information)
Techmeme permalink: https://www.techmeme.com/260702/p2#a260702p2 <a href="https://www.theinformation.com/articles/nvidia-says-will-take-cut-customers-cloud-revenues"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260702/i2.jpg" vspace="4" /></a> <p><a href
2026-07-02Sources: OpenAI has discussed giving a 5% stake to the US government as the company seeks to clear political obstacles by securing buy-in from the Trump admin (Financial Times)
Techmeme permalink: https://www.techmeme.com/260702/p1#a260702p1 <a href="https://www.ft.com/content/7c803eab-8e80-4431-9a87-e943bf00e00b?accessToken=zwAAAZ8huxJJkc98gD6rjoBEMdOah-lDvwDgCw.MEUCIFybCUQd5ShFQcZrADBvB9ITU5BRO1ph9qG6iMshNM_sAiEA3bKOe8-WbDQhVwmoAtZaOWffgc63zDtg4oHexl
2026-07-02Sources: data center operator Switch seeks a ~$2B funding round valuing the company at ~$50B, including debt, led by a $400M investment from Andreessen Horowitz (Bloomberg)
Techmeme permalink: https://www.techmeme.com/260701/p51#a260701p51 <a href="https://www.bloomberg.com/news/articles/2026-07-02/data-center-firm-switch-seeks-2-billion-in-funding-round"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260701/i51.jpg" vspace="
2026-07-02Sources: Apple has told suppliers to prepare to produce ~10M foldable iPhones in 2026, up from 7M-8M previously, and 80M iPhones in total across new models (Nikkei Asia)
Techmeme permalink: https://www.techmeme.com/260701/p50#a260701p50 <a href="https://asia.nikkei.com/business/technology/apple-to-launch-5-new-iphone-models-to-gain-market-share-amid-memory-crunch"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260701/i50.j
2026-07-02Sources: Apple is in negotiations to buy chips from CXMT and YMTC, two Chinese semiconductor makers on a Pentagon blacklist, for use in devices sold in China (Bloomberg)
Techmeme permalink: https://www.techmeme.com/260701/p49#a260701p49 <a href="https://www.bloomberg.com/news/articles/2026-07-01/apple-seeks-to-buy-chinese-made-memory-chips-with-lobbying-push?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ
2026-07-02X launches Live Studio, an updated livestreaming hub within Creator Studio with a simplified desktop setup, chat control options, custom thumbnails, and more (Andrew Hutchinson/Social Media Today)
Techmeme permalink: https://www.techmeme.com/260701/p48#a260701p48 <a href="https://www.socialmediatoday.com/news/x-launches-livestream-studio-to-streamline-live-broadcasts/824300/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260701/i48.jpg" vspace="4"
2026-07-02India-based short video app ShareChat's parent company Mohalla Tech plans to raise up to $400M in an IPO in 2027; ShareChat has ~65M micro-drama viewers monthly (Sankalp Phartiyal/Bloomberg)
Techmeme permalink: https://www.techmeme.com/260701/p47#a260701p47 <a href="https://www.bloomberg.com/news/articles/2026-07-02/sharechat-india-s-meta-rival-plans-400-million-ipo-next-year"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260701/i47.jpg" vspa
2026-07-02Amazon's emissions rose 16%+ YoY in 2025, driven by data center construction and delivery fuel, while Google's "ambition-based" emissions jumped 18% YoY in 2025 (Bloomberg)
Techmeme permalink: https://www.techmeme.com/260701/p46#a260701p46 <a href="https://www.bloomberg.com/news/articles/2026-07-01/big-tech-s-carbon-emissions-spike-with-runaway-growth-of-ai?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWN