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Techmeme

Chainalysis: addresses linked to Iran, Russia, North Korea, and other US-sanctioned entities received $100B+ in crypto last year, almost 8x the amount in 2024 (Patricia Kowsmann/Wall Street Journal)

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Analysis: ~1M $TRUMP retail buyers lost a combined $3.81B, while ~500K mostly-early wallets captured $4B in gains, a textbook memecoin wealth transfer (New York Times)

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A profile of Kaley Glenn-Mills, the plaintiff in K.G.M. v. Meta et al., who was awarded $6M in damages in a landmark LA jury trial over social media addiction (Olivia Carville/Bloomberg)

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Bending Spoons' Nasdaq IPO caps its 50+ deals across 10+ years that transformed the Italian startup into a highly leveraged internet company with ~$4.4B in debt (Financial Times)

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NY-based LinqAlpha, which provides AI-powered market research tools for hedge funds, raised a $22M Series A co-led by AVP, Atinum Investment, and GFT Ventures (Sofia Chesnokova/Tech Funding News)

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Sources: Uber halts plans to launch food delivery in five of the seven European countries it had targeted for expansion as it pursues a Delivery Hero takeover (Kieran Smith/Financial Times)

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India issues a notice to Telegram, asking it to curb the spread of pirated films and other copyrighted content, and seeks an action-taken report within 15 days (Sejal Sharma/Hindustan Times)

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AWS says Mechanical Turk will no longer accept new customers and that it is placing the crowdsourcing service in maintenance, signaling its future retirement (Simon Sharwood/The Register)

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Source calls UK- and OpenAI-touted plans in 2025 for Stargate's ~£20B Cobalt site a PR stunt; OpenAI and Nscale failed to visit Cobalt or lodge planning forms (Aisha Down/The Guardian)

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Indonesia's enforcement of social media restrictions for under-16s has been patchy, with tech companies ignoring the rules and youth still accessing platforms (Marcel Thee/Nikkei Asia)

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How some high-income families use AI-powered private schools and tutors, such as Alpha School, to teach their children life skills and tailor their curriculum (Katherine Bindley/Wall Street Journal)

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A look at the troubled rollout of the EU's automated biometric entry/exit border system, as airport operators warn of severe delays ahead of the summer holidays (Financial Times)

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How ByteDance is making Hollywood inroads with its Seedance video generator, thanks to low pricing, striking realism, and features like timeline-based prompting (Nilesh Christopher/Los Angeles Times)

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Q&A with Doug Brooks, senior product manager of Apple silicon, about Mac minis becoming preferred AI agent machines, future of on-device AI, and more (Jason Hiner/The Deep View)

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Official data shows Hong Kong accounted for 50%+ of China's $239B in chip imports in the first five months of 2026, a record share, up from ~33% a decade ago (Bloomberg)

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A profile of Google DeepMind philosopher Iason Gabriel, whose work has tracked, and in many cases predicted, the ethical challenges posed by the success of LLMs (Robert P Baird/The Guardian)

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Micron breaks ground on its ~$9.3B Hiroshima factory expansion, part of its global ramp-up to meet AI demand, and plans to start HBM shipments from summer 2028 (Mari Kiyohara/Bloomberg)

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Singapore-based dConstruct Robotics, which develops spatial tech to let autonomous robots operate in complex, GPS-denied environments, raised a $125M Series A (Duc Dao/TNGlobal)

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Prague-based EquiLibre, which offers AI for quant hedge funds and is founded by three ex-Google DeepMind researchers, raised a Series A at a $500M valuation (Anna Heim/TechCrunch)

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Montreal-based Stathera, a maker of MEMS-based silicon timing components for chips, raised a $55M Series B led by Maverick Silicon, taking total funding to $75M (Madison McLauchlan/BetaKit)

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Midjourney wants Disney, Universal, and Warner Bros. to reveal in court how they use AI across their companies; studios sued Midjourney in 2025 for infringement (Gene Maddaus/Variety)

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