← Daily Tech Headlines
Loading summary
Transcript1 lines
- [00:01]
A
Want to get this show ad free? Head to DailyTechNews Show.com subscribe to find out how. These are the daily tech headlines for Thursday, June 11, 2026 I'm Rob Dunwood. New Xbox CEO Asha Sharma is initiating a major restructuring of the gaming division to address declining revenue, which which includes impending job cuts and a significant budget reduction following the company's fiscal year close on June 30. Since taking the role in February, Sharma has emphasized the need to reset the business, noting that the unit's profit or accountability margin has dropped to 3%. Canada is proposing a social media ban for children under 16, a move that follows similar legislation in Australia but allows tech companies to avoid the ban if they can prove that they have policies to minimize harm to minors. The proposed law, which includes regulations for AI, chatbots and harmful content, would establish a regulator to ensure compliance, though some groups express concern over potential censorship. This initiative comes ahead of the G7 summit in France, where leaders are expected to discuss online safety for children. BlueSky's head of product Alec Benzer, has announced that the decentralized social network is launching communities this year, allowing users to create or join smaller interest based spaces similar to Reddit. These communities will feature custom URLs and landing pages with a potential for owners to add personalized tools and apps via the app protocol. While users will be able to opt into notifications and potentially see community posts in their feeds. Further details and development research are ongoing as BlueSky looks to compete with similar features introduced by Meta's Threads. Cybercrime group Shiny Hunters has claimed responsibility for hacking Oracle's PeopleSoft servers at over 100 organizations, predominantly universities companies compromising sensitive student and administrative data like home addresses and birth dates. Known for exploiting popular software to execute mass attacks, the group targeted these entities while simultaneously attempting and failing to reach FBI servers to deflect accusations regarding recent swatting incidents. The 90, founded by former Fitbit veteran Stacy Salvey, has introduced the Gem, a smart pendant necklace that monitors real time UVA and UVB exposure. The wearable syncs with a companion app to generate personalized skin profiles offering actionable insights such as sunscreen reminders and customized UV exposure windows. Positioned as a new category of wearable, the device is currently available for an introductory price of $200, eventually retailing at $300. DoorDash Inc. Has debuted a new AI powered chatbot designed to streamline the ordering process for both restaurant meals and groceries, while hinting at the technology's potential to generate fresh enterprise revenue accessed through a dedicated Apps button with the app's search Interface. The Axe DoorDash feature now allows for interaction via voice, text or visual cues. Beyond just providing answers, the tool integrates interactive buttons that enable shoppers to immediately populate their carts with recommended items. Devin Kim, a former engineer at Xai, has filed a lawsuit against the company and its parent SpaceX, alleging he was fired in retaliation for repeatedly raising concerns about the safety, potential bias and discriminatory nature of xai's Chatbot. The lawsuit claims that Kim's former supervisor, Xai co founder Jimmy Ba, disregarded directors from Elon Musk to implement proper safety and testing protocols in favor of prioritizing rapid development and superintelligence. Kim, who is now the president of the center for AI Safety, alleges that Boss sought to silence his warnings about unlawful development practices and the risks posed by unvetted models. OpenAI is considering significant price cuts for its AI token services to stay competitive with Anthropic as as both companies ramp up rivalries ahead of their respective IPO filings with the SEC following ChatGPT's record breaking milestone of reaching 1 billion monthly users. This potential pricing strategy aims to maintain market leadership despite Anthropic's recent valuation edge. And finally, Cash App has launched Cash app mobile, an AT&T based MVNO service powered by Giggs that offers an unlimited 5G data plan for $40 per month. Designed to integrate with the broader Cash App ecosystem, including the Green Rewards program and Families account management tools, the service aims to provide a flexible, all in one financial experience for users. The offering includes unlimited data, talk and text, as well as a 10 gigabyte monthly hotspot allowance and is currently rolling out to select users with plans for broader availability. For more analysis of the tech news of the day, subscribe to dailytechnewshow.com and and if you enjoy the show, remember to tell a friend to check us out. Thanks for listening. We'll talk to you next time.