Major tech developments span from SK Hynix's record IPO and quantum computing breakthroughs to EU regulatory pressures on Meta, streaming service pivots, and Apple's market dominance in AI smartwatches amid rising component costs.

SK Hynix raises $26.5B in the largest foreign IPO in US history, with calls for the company to establish new US manufacturing facilities to bolster domestic semiconductor production capacity.

EU regulators issue preliminary findings against Meta's Facebook and Instagram, warning that infinite scroll, autoplay, and personalized recommendation systems may violate digital competition rules and threatening significant fines.

Oratomic secures $300M in funding to develop a viable quantum computer requiring only 20,000 qubits, advancing quantum computing toward practical commercial applications.

Apple Watch dominates AI smartwatch market with 90% of all Edge AI smartwatch shipments, as Edge AI penetration across the broader smartwatch sector grows 70% year-over-year to reach 25% market penetration.

Disney+ and Netflix explore new revenue strategies, with Disney considering a free streaming tier and Netflix reportedly planning 'always-on' live TV channels to compete in an increasingly saturated streaming market.

China advances reusable rocket technology, catching up to Elon Musk's SpaceX capabilities in the race for cost-effective space transportation and commercial launch dominance.

iPhone 18 Pro Max component costs could surge nearly $300 compared to the current generation, driven by increases in NAND flash memory and other premium components.

OpenAI shuts down its ChatGPT Atlas agentic browser just months after launch, signaling challenges in developing practical AI-powered web navigation tools.

Google launches AlphaEvolve widely across Cloud customers to solve complex optimization problems including microchip design and algorithm efficiency, expanding AI applications in enterprise computing.

Apple slashes iPhone 17 demand forecast significantly, with production lines shifting from 15% reductions to suspending approximately one-third of output amid rising manufacturing costs and market uncertainty.