---
title: "2026-06-23-technology"
created: 2026-06-23
updated: 2026-06-23
type: summary
tags: [newsletter, technology]
external: http://go/ui/posts/2803/
status: inbox
---

** Tech news** 
- [SoftBank-Backed Robot Maker Gears Up for Hong Kong IPO, Sources Say](https://www.wsj.com/tech/ai/softbank-backed-robot-maker-gears-up-for-hong-kong-ipo-sources-say-ef2c78a2?mod=rss_Technology)
Coowa’s valuation stood at more than $3 billion after raising over $600 million in its latest round.
- [Microsoft’s Satya Nadella: We Can’t Let AI Giants Eat the Economy](https://www.wsj.com/tech/ai/microsofts-satya-nadella-we-cant-let-ai-giants-eat-the-economy-b9d33b9f?mod=rss_Technology)
Microsoft’s CEO offers a blistering critique of the AI power balance and calls for earning society’s permission.
- [FDA Gives Third Rare-Disease Drug Another Shot, Regenxbio Says](https://www.wsj.com/tech/biotech/fda-will-reverse-rejection-of-third-rare-disease-drug-regenxbio-says-d8fff1fc?mod=rss_Technology)
Regenxbio plans to refile its gene therapy application after FDA dropped placebo requirements.
- [Tencent tests AI assistant in China's most popular app as it looks to catch up with rivals](https://www.cnbc.com/2026/06/22/tencent-ai-assistant-wechat-china.html)
WeChat is tapping its huge user base to expand use of Tencent’s AI services.
- [Google Investing in ‘Backrooms’ Studio A24](https://www.wsj.com/tech/ai/google-investing-in-backrooms-studio-a24-e7585ebe?mod=rss_Technology)
The search giant puts about $75 million into the studio as part of an AI research partnership.
- [SpaceX Strikes $6 Billion Deal With AI Startup for Data-Center Space](https://www.wsj.com/tech/ai/spacex-strikes-6-billion-deal-with-ai-startup-for-data-center-space-85d3f72f?mod=rss_Technology)
Reflection AI will rent capacity from the newly public company to develop open-source models.
- [Meta's WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah](https://www.cnbc.com/2026/06/22/meta-kunal-shah-whatsapp-will-cathcart.html)
Will Cathcart moves to another role; Kunal Shah takes over as WhatsApp head.
- [SpaceX stock tanks 16%, extending slump following post-IPO rally](https://www.cnbc.com/2026/06/22/spacex-stock-ipo-rally-selloff.html)
The stock has dropped for three consecutive days after a record-breaking IPO on June 12.