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Techmeme

15 events on 2026-07-09role: thematic3d fetch windowcadence: dailyaccess: keyless

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2026-07-09SAP will make it easier for customers to switch to rival service providers or end contracts, averting a possible EU antitrust fine after a September 2025 probe (Foo Yun Chee/Reuters)
Techmeme permalink: https://www.techmeme.com/260709/p42#a260709p42 <a href="https://www.reuters.com/business/sap-averts-eu-antitrust-fine-regulators-accept-offer-address-competition-2026-07-09/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i42.jpg
2026-07-09SK Hynix raises $26.5B in the largest ever US market debut by a foreign company, selling 177.9M ADRs for $149 each; the sale was more than 7x oversubscribed (Bloomberg)
Techmeme permalink: https://www.techmeme.com/260709/p41#a260709p41 <a href="https://www.bloomberg.com/news/articles/2026-07-09/sk-hynix-is-said-to-price-us-share-offering-at-149-apiece-mrdz562z"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i41.jpg
2026-07-09Fidji Simo says she has decided to leave her full-time role at OpenAI and transition to being a part-time adviser after her medical condition worsened (Wall Street Journal)
Techmeme permalink: https://www.techmeme.com/260709/p40#a260709p40 <a href="https://www.wsj.com/tech/openai-top-executive-fidji-simo-to-step-down-c3daca47?st=R4LTYy&reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/26070
2026-07-09Mercor acquires Deeptune, which builds reinforcement learning environments for AI agents, three months after CEO Brendan Foody backed Deeptune's $43M Series A (Lily Mae Lazarus/Fortune)
Techmeme permalink: https://www.techmeme.com/260709/p39#a260709p39 <a href="https://fortune.com/2026/07/09/ai-unicorn-mercor-acquires-deeptune-brendan-foody-investor-a16z-openai-anthropic/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i39.jpg" vsp
2026-07-09Sources: Netflix executives are increasingly worried about declining engagement and are exploring adding live TV and bundling streaming services like Peacock (Wall Street Journal)
Techmeme permalink: https://www.techmeme.com/260709/p38#a260709p38 <a href="https://www.wsj.com/business/media/netflix-is-exploring-live-tv-and-bundles-as-it-struggles-to-keep-viewers-hooked-e1eb28f6?st=S1LJye&reflink=desktopwebshare_permalink"><img align="RIGHT" border="0"
2026-07-09Coinbase's chief legal officer, Paul Grewal, is stepping down after six years; VP of legal Molly Abraham moves into his role with the title of general counsel (Hannah Lang/Reuters)
Techmeme permalink: https://www.techmeme.com/260709/p37#a260709p37 <a href="https://www.reuters.com/world/coinbases-top-attorney-who-has-led-cryptos-washington-fight-step-down-2026-07-09/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i37.jpg" vspa
2026-07-09Federal Reserve Chair Kevin Warsh names Marc Andreessen and Xbox CEO Asha Sharma to lead a task force on the economic impact of new technologies, including AI (Andrew Ackerman/Washington Post)
Techmeme permalink: https://www.techmeme.com/260709/p36#a260709p36 <a href="https://www.washingtonpost.com/business/2026/07/09/federal-reserve-enlists-marc-andreessen-advise-ai-under-warsh/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i36.jpg" vs
2026-07-09Google says it will automatically add a disclosure to ads that are made with its AI advertising tools, expanding the disclosure beyond election ads to all ads (Sarah Perez/TechCrunch)
Techmeme permalink: https://www.techmeme.com/260709/p35#a260709p35 <a href="https://techcrunch.com/2026/07/09/google-will-now-disclose-which-ads-are-made-with-ai/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i35.jpg" vspace="4" /></a> <p><a href=
2026-07-09The AI data center boom has led to surging demand for power transformers, with average lead times for orders, once measured in months, now stretching into years (Financial Times)
Techmeme permalink: https://www.techmeme.com/260709/p4#a260709p4 <a href="https://as.ft.com/r/4efe7e50-cc3d-4240-aa24-2f1de0b05772"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i4.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260709/
2026-07-09A Brown University professor suspected his class used AI to cheat after a take-home midterm averaged 96%, prompting an in-person final, which averaged 48.6% (Emma Whitford/Inside Higher Ed)
Techmeme permalink: https://www.techmeme.com/260709/p3#a260709p3 <a href="https://www.insidehighered.com/news/faculty/learning-assessment/2026/07/08/brown-professor-suspects-most-his-class-used-ai-cheat"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/26070
2026-07-09Companies are mobilizing internal groups of "AI champions" to drive adoption; BCG says 74% of front-line employees now use AI regularly, up from 51% in 2025 (Isabelle Bousquette/Wall Street Journal)
Techmeme permalink: https://www.techmeme.com/260709/p2#a260709p2 <a href="https://www.wsj.com/cio-journal/the-ai-superfans-companies-count-on-to-convert-the-skeptics-5b301a90?st=enuXpB&reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://ww
2026-07-09Shanghai-based GPU maker Iluvatar CoreX raised ~$902M in a Hong Kong share sale; the company's stock has soared 257% since its January IPO, which raised $473M (Bloomberg)
Techmeme permalink: https://www.techmeme.com/260709/p1#a260709p1 <a href="https://www.bloomberg.com/news/articles/2026-07-08/iluvatar-corex-seeks-to-raise-850-million-after-stock-rally"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i1.jpg" vspace="
2026-07-09Filings: Grubhub parent Wonder is raising hundreds of millions of dollars at a $9B valuation; a source says founder Marc Lore indicated he will contribute $200M (The Information)
Techmeme permalink: https://www.techmeme.com/260708/p46#a260708p46 <a href="https://www.theinformation.com/articles/marc-lores-wonder-ties-9-billion-valuation-fundraise-future-ipo"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260708/i46.jpg" vspace="4" /
2026-07-09Cognition releases SWE-1.7, trained from Kimi K2.7 and available at 1,000 tokens/second, claiming it nears GPT-5.5 and Opus 4.8 on benchmarks at a lower cost (Cognition)
Techmeme permalink: https://www.techmeme.com/260708/p45#a260708p45 <a href="https://cognition.com/blog/swe-1-7"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260708/i45.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260708/p45#a260708p45" tit
2026-07-09Block agrees to pay $45M and offer live customer support for Cash App to settle claims by 46 US states that the company failed to protect users from fraud (Daniel Wiessner/Reuters)
Techmeme permalink: https://www.techmeme.com/260708/p44#a260708p44 <a href="https://www.reuters.com/legal/government/cash-app-parent-settles-states-probe-over-fraud-protections-45-million-2026-07-08/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260708/i