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Microsoft's gaming chief Asha Sharma. Photo by David Paul Morris/Bloomberg/Getty Images.
The Briefing

Microsoft’s Gaming Glitch

By Martin Peers · Jun 11, 2026 5:00pm PDT
Sorry. We have no SpaceX news (if you define news as something you don’t already know). The rocket-and-cloud firm on Thursday priced its IPO at the $135 offering number announced last week, as it was widely expected to. Check back tomorrow, when shares start to trade. (Here’s a clue about the possible opening price.) Not to be a wet blanket, but... Sorry. We have no SpaceX news (if you define news as something you don’t already know). The...
Technicians work on the the Dream Chaser at Sierra Space in 2023. Photo by Helen H. Richardson/ Getty Images
Dealmaker

Sierra Space, Axiom Plot IPOs as SpaceX Feeds Frenzy

By Katie Roof · Jun 11, 2026 4:15pm PDT
It’s finally here! SpaceX Thursday officially priced its IPO at $135 per share, valuing the company at around $1.75 trillion, capping a frenetic six month stretch that defied many of the norms of initial public offerings. If the IPO goes well, expect to see more space public offerings soon.Sierra Space, for one, has been taking steps towards an... It’s finally here! SpaceX Thursday officially priced its IPO at $135 per share, valuing the...
Photo of Dario Amodei by Getty Images; art by Mike Sullivan
Exclusive

Anthropic Blindsides Its Business Partners

By Stephanie Palazzolo and Amir Efrati · Jun 11, 2026 2:23pm PDT · 3 comments
Weeks before Anthropic in April revealed Claude Design, an AI tool for creating designs and software application prototypes, it asked firms including Figma and Canva to be “partners” of the launch announcement showcasing the tool’s capabilities. These two design firms, longtime Anthropic customers, saw the launch as an opportunity to show how... Weeks before Anthropic in April revealed Claude Design, an AI tool for creating designs and...
Binance's Yi He, left, and Richard Teng. Photos by Getty Images
Exclusive

Treasury Department Demands Binance Compliance After Iran Crypto Reports

By Leo Schwartz · May 7, 2026 9:05am PDT
The U.S. Department of the Treasury has privately demanded that Binance comply with a monitoring program U.S. regulators imposed on the crypto exchange in 2023, when it pleaded guilty to charges related to sanctions and anti–money-laundering violations, The Information has learned. The Treasury Department’s request—which it sent to... The U.S. Department of the Treasury has privately demanded that Binance comply with a monitoring...