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Time:2026-07-11T06:23:11Z

China reaches a key milestone in reusable rocket development, closing the gap with SpaceX. Meta pulls its controversial AI image generation feature just days after launch amid user backlash. Apple files a blockbuster lawsuit against OpenAI, accusing the company of stealing trade secrets related to hardware design. SK Hynix raises a record $26.5 billion in the largest foreign IPO in US history. Smart glasses remain a mixed experience as early adopters report usability and privacy concerns.

China advances reusable rocket technology, challenging SpaceX's lead

China advances reusable rocket technology, challenging SpaceX's leadChina has successfully recovered its first reusable rocket, marking a significant step in its effort to compete with Elon Musk's SpaceX. Multiple reports highlight that Chinese aerospace firms are developing new recovery methods that differ from the Falcon 9 approach. The milestone signals that the gap between US and Chinese reusable rocket capabilities is narrowing rapidly.

Meta pulls controversial AI Instagram feature after widespread backlash

Meta pulls controversial AI Instagram feature after widespread backlashMeta has deactivated a new AI feature on Instagram that allowed users to generate AI images of any public account, sparking privacy and consent concerns. The feature was removed just days after launch following intense backlash from users and privacy advocates. The incident underscores growing tensions around generative AI and personal data on social media platforms.

Apple sues OpenAI for trade secret theft in landmark lawsuit

Apple sues OpenAI for trade secret theft in landmark lawsuitApple has filed a lawsuit against OpenAI, alleging the company stole trade secrets related to hardware design. The lawsuit, described as a blockbuster case, has drawn significant attention from the tech industry. OpenAI has yet to issue a formal response, but the case raises major questions about intellectual property protection in the AI sector.

SK Hynix raises record $26.5B in largest US foreign IPO ever

SK Hynix raises record $26.5B in largest US foreign IPO everSK Hynix has raised $26.5 billion in the largest foreign initial public offering in US history, surpassing all previous records. The South Korean chipmaker is being urged to build new fabrication plants in the United States. The IPO underscores surging investor demand for semiconductor stocks amid the global AI boom.

Smart glasses face mixed reviews on usability and privacy concerns

Smart glasses face mixed reviews on usability and privacy concernsEarly adopters of smart glasses report a mixed experience, with praise for new features like HDR10 display but criticism of AI functionality and privacy implications. BBC testing revealed notable inaccuracies in AI-assisted object recognition. The Meta Glasses in particular have faced backlash that is changing how people use them in public settings.