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SpaceX buys Cursor for $60B, Xbox studios face closure, Microsoft calls AWS
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SpaceX buys Cursor for $60B, Xbox studios face closure, Microsoft calls AWS

Plus: Meta's new AI Mode on Facebook, Chinese hackers exploit Google Workspace.

Good morning! It’s Tuesday, June 16. Today we are covering:

  • SpaceX agrees to acquire Cursor maker Anysphere for $60 billion in an all-stock deal, just four days after its record Nasdaq debut

  • Xbox studios including Ninja Theory, Compulsion Games, and Double Fine brace for closure as Microsoft restructures its gaming division

  • Microsoft turns to rival Amazon Web Services to solve GitHub’s AI-driven capacity crisis after dozens of outages in 2026

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