Enterprise

AI, Enterprise

SpaceX Acquires AI Coding Tool Cursor for $60 Billion

Days after its IPO, SpaceX confirmed plans to buy AI coding platform Cursor for $60B, filing with the SEC that the deal should close in Q3 2026. Earlier, it had set either the $60B price or a $10B breakup fee, citing Musk’s frustration that xAI coding lags Claude Code and OpenAI’s Codex.

AI, Enterprise

Meta CTO Calls AI Division Rollout ‘Atrocious,’ Promises Culture and Management Fixes

Meta CTO Andrew Bosworth called its March 2026 Applied AI rollout “atrocious,” apologizing in a June 2026 memo seen by WIRED after consolidating about 6,500 engineers and product managers and sparking widespread unrest. He says Meta will cap managers at ~20 direct reports, cut how often employees are moved to new managers during restructures, and demand clearer explanations and greater people-management focus.

Enterprise, Security & Privacy

Oracle PeopleSoft Zero-Day Exploited by ShinyHunters in Breach of 100+ Organizations

Oracle warned in a June 2026 advisory that ShinyHunters is exploiting a PeopleSoft zero-day over the internet without authentication, with more than 100 organizations potentially compromised—after the gang claimed responsibility a day earlier. Mandiant says it notified 100+ mostly US orgs, about two-thirds in higher education, and reports theft of student records including DOBs and GPAs.

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