× + newsletter-2026-06-16
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// Tech news at terminal velocity

cat 2026-06-16.md

SpaceX's $60B Cursor Grab, ChatGPT's Slipping Crown, & The Not-Dumb Dumbphone

$ cat TLDR.md

• SpaceX drops a casual $60 billion to acquire AI coding darling Cursor, aiming to supercharge xAI and close the gap with OpenAI.

• ChatGPT's global market share dips below 50% for the first time as Claude quietly starts making more money per user.

• Microsoft patches 'SearchLeak,' a terrifying Copilot vulnerability that let hackers steal 2FA codes with a single click.

Headlines & Launches

🚀 SpaceX Acquires Cursor for $60B

Elon Musk's space behemoth is buying AI coding startup Cursor in an all-stock deal valued at $60 billion. The move is designed to beef up xAI's enterprise offerings and give SpaceX the coding chops to compete directly with OpenAI and Anthropic.

Source: TechCrunch

📉 ChatGPT Loses Its Majority

For the first time since its launch, ChatGPT's global market share has slipped below 50%. While it still boasts over 1.1 billion monthly users, Anthropic's Claude is actually beating it on revenue per user ($2.76 vs $1.74) with a much higher subscription conversion rate.

Source: TechCrunch

🧵 Threads Hits Half a Billion

Meta's text-based app just crossed 500 million monthly active users just shy of its third birthday. To celebrate, they're rolling out a 'Your Algo' feature, finally letting users have some say in the algorithmic chaos of their feeds.

Source: The Verge

🛡️ Foundation Alloy Raises $22M

Instead of heating metals, this startup 'beats them into submission' to create super metals. They just raised $22 million to scale production for everything from military drones to fancy chef's knives.

Source: TechCrunch

Deep Dives

🔓 The SearchLeak Copilot Vulnerability

Security researchers uncovered a critical flaw in Microsoft 365 Copilot Enterprise that turned the AI assistant into a 1-click data theft tool. Dubbed 'SearchLeak,' the exploit allowed attackers to steal 2FA codes, emails, and calendar events via a specially crafted URL, highlighting the ongoing nightmare of securing LLMs against malicious instructions.

Source: Ars Technica

📱 Commodore's 'Not Dumb' Dumbphone

Retro PC brand Commodore has been resurrected to build the Callback 8020, a flip phone running Sailfish OS that intentionally disables the touchscreen to prevent doomscrolling. It runs Android apps but blocks social media and browsers, offering a mindful middle ground between a smartphone and a brick.

Source: The Verge

🤢 Apple's Anti-Nausea Dots Actually Work

The Verge tested Apple's new Vehicle Motion Cues—those weird little dots that move around your screen to combat car sickness. Surprisingly, the feature successfully tricks your brain into aligning what you see with what you feel, making working from the passenger seat a vomit-free experience.

Source: The Verge

Engineering & Research

🌐 GitHub's Multilingual AI Dataset

GitHub just dropped a new repository-level dataset under CC0-1.0 to help researchers build multilingual AI. It aggregates developer content across READMEs, issues, and pull requests to train models beyond just English.

Source: The GitHub Blog

💻 Copilot CLI Slash Commands

GitHub released a comprehensive guide on using slash commands to control your terminal AI agent. It's a practical look at how to navigate the command line without having to memorize obscure bash syntax.

Source: The GitHub Blog

☁️ Cloudflare Absorbs Ensemble AI Talent

Cloudflare is beefing up its machine learning infrastructure by acqui-hiring talent from Ensemble AI. The focus is squarely on improving AI efficiency and scaling their edge computing capabilities.

Source: The Cloudflare Blog

Odds & Ends

🚫 India Temporarily Bans Telegram

India has ordered a nationwide block on Telegram until June 22nd over concerns about exam fraud. They're also demanding the app disable its message editing feature, because nothing says 'secure messaging' like government-mandated immutability.

Source: TechCrunch

📸 Kodak's Y2K Charmera

The objectively terrible but incredibly popular Kodak Charmera digital camera is getting new Y2K-inspired designs. It's proof that Gen Z will buy literally anything if it looks like it was left in a hot car in 2003.

Source: The Verge

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