Jun 17, 2026
SpaceX Acquires Cursor for $60 Billion in First Post-IPO Power Move
SpaceX is buying AI coding startup Cursor for $60 billion in an all-stock deal, its first major acquisition since going public. The deal gives Elon Musk's company access to Cursor's 1 million-plus developers and a foothold in the fast-growing AI coding tools market.
Jun 16, 2026
Xbox Game Studios Chief Steps Down as Layoffs Loom and Compulsion Games Shuts Down
Xbox Game Studios head Craig Duncan is stepping down just 20 months into the role, alongside chief of staff Louise O'Connor, as Microsoft's gaming division prepares another round of mass layoffs. Compulsion Games, the studio behind 2025 critical hit South of Midnight, is also being shut down.
Related News
Jun 17, 2026
Anthropic Forced to Pull Fable 5 AI Model After White House Export Ban
The Trump administration forced Anthropic to disable its newest Fable 5 and Mythos 5 AI models after Amazon flagged a jailbreak vulnerability. The unprecedented export control order is sending shockwaves through the AI industry, accelerating open-source adoption and raising existential questions for builders who rely on closed models.
Jun 16, 2026
Trump Administration Forces Anthropic to Pull Fable 5 and Mythos 5 Offline
The U.S. Commerce Department ordered Anthropic to block foreign access to its newest Fable 5 and Mythos 5 AI models, forcing a total shutdown. The directive, triggered by an Amazon security paper and a three-word jailbreak prompt, has sparked a global sovereign AI backlash from the UK, France, and Canada.
Jun 16, 2026
Anthropic Sued Over Claude Max Pricing as Frontier AI Costs Spark Consumer Backlash
A new class action lawsuit alleges Anthropic misled consumers about token allowances on its $100/month Claude Max 5x and $200/month Max 20x plans, claiming actual limits are much lower than advertised. The suit, filed in Northern California, arrives as AI pricing becomes an existential concern across the industry.