{"id":75475,"date":"2026-06-16T11:54:19","date_gmt":"2026-06-16T11:54:19","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/75475\/"},"modified":"2026-06-16T11:54:19","modified_gmt":"2026-06-16T11:54:19","slug":"fortune-tech-cybersecurity-leaders-back-mythos-fox-buys-roku-xbox-studio-spinoffs","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/75475\/","title":{"rendered":"Fortune Tech: Cybersecurity leaders back Mythos, Fox buys Roku, Xbox studio spinoffs"},"content":{"rendered":"<p>Good morning. June 16 is a big day in tech.<\/p>\n<p>It\u2019s the founding date of both <a aria-label=\"Go to https:\/\/fortune.com\/company\/ibm\/\" href=\"https:\/\/fortune.com\/company\/ibm\/\" target=\"_blank\" rel=\"nofollow noopener\">IBM<\/a> (1911) and <a aria-label=\"Go to https:\/\/fortune.com\/company\/oracle\/\" href=\"https:\/\/fortune.com\/company\/oracle\/\" target=\"_blank\" rel=\"nofollow noopener\">Oracle<\/a> (1977), not to mention the day Kaspersky Lab announced its discovery of Cabir, the world\u2019s first known mobile phone virus (for Symbian devices, of course).\u00a0<\/p>\n<p>I usually reserve a pop quiz for a Friday, but this one\u2019s too good to pass up. So: Neither IBM nor Oracle were called those names upon their founding. What were the original names of these two tech titans?<\/p>\n<p>Take your best guess, then find the answer below in \u201cEndstop triggered.\u201d \u2014Andrew Nusca<\/p>\n<p>P.S. <a aria-label=\"Go to https:\/\/fortune.com\/asia\/ranking\/southeast-asia-500\/2026\/\" href=\"https:\/\/fortune.com\/asia\/ranking\/southeast-asia-500\/2026\/\" rel=\"nofollow noopener\" target=\"_blank\">Fortune\u2019s third-ever Southeast Asia 500<\/a> is out, featuring familiar names including electronics maker Flex, Vinfast EV-maker parent Vingroup, and telecom giant Singtel.<\/p>\n<p>P.P.S. A fascinating read from colleague Sharon Goldman about a $10 billion data center <a aria-label=\"Go to https:\/\/fortune.com\/package\/when-ai-comes-to-town-the-data-center-boom\/\" href=\"https:\/\/fortune.com\/package\/when-ai-comes-to-town-the-data-center-boom\/\" rel=\"nofollow noopener\" target=\"_blank\">dividing two adjacent small towns in Texas<\/a>.<\/p>\n<p>Want to send thoughts or suggestions to\u00a0Fortune Tech?\u00a0Drop a line\u00a0<a aria-label=\"Go to mailto:newsletters@fortune.com\" href=\"https:\/\/fortune.com\/2026\/06\/16\/us-cybersecurity-leaders-white-house-anthropics-mythos-fable-ai-models\/mailto:newsletters@fortune.com\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.<\/p>\n<p>U.S. cybersecurity leaders urge White House to lift ban on Anthropic Mythos, Fable<a aria-label=\"Go to https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/06\/GettyImages-490832295.jpg\" href=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/06\/GettyImages-490832295.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img alt=\"Alex Stamos, then the chief information security officer at Yahoo, during a Senate hearing on May 15, 2014 in Washington, D.C. (Photo: Win McNamee\/Getty Images)\" data-cy=\"article-image\" loading=\"lazy\" width=\"1024\" height=\"648\" decoding=\"async\" data-nimg=\"1\" class=\"transition-opacity duration-300 size-large wp-image-4508830 not-prose w-full\" style=\"color:transparent;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image\/svg+xml;charset=utf-8,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 1024 648'%3E%3Cfilter id='b' color-interpolation-filters='sRGB'%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3CfeColorMatrix values='1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1' result='s'\/%3E%3CfeFlood x='0' y='0' width='100%25' height='100%25'\/%3E%3CfeComposite operator='out' in='s'\/%3E%3CfeComposite in2='SourceGraphic'\/%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3C\/filter%3E%3Cimage width='100%25' height='100%25' x='0' y='0' preserveAspectRatio='none' style='filter: url(%23b);' href='data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR4nGNgYAAAAAMAASsJTYQAAAAASUVORK5CYII='\/%3E%3C\/svg%3E&quot;)\"   src=\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/06\/GettyImages-490832295.jpg\"\/><\/a>Alex Stamos, then the chief information security officer at Yahoo, during a Senate hearing on May 15, 2014 in Washington, D.C.<\/p>\n<p>Win McNamee\/Getty Images<\/p>\n<p>The drama continues. As reports emerge detailing missteps by both Anthropic and the Trump administration amid the sudden ban on the company\u2019s new Mythos and Fable AI models\u2014Anthropic <a aria-label=\"Go to https:\/\/www.axios.com\/2026\/06\/15\/anthropic-white-house-fable-mythos\" href=\"https:\/\/www.axios.com\/2026\/06\/15\/anthropic-white-house-fable-mythos\" rel=\"nofollow noopener\" target=\"_blank\">can\u2019t speak the same language<\/a> as the White House; the White House <a aria-label=\"Go to https:\/\/www.ft.com\/content\/f6940d59-28f4-4ae4-a569-c6fc421e52b9\" href=\"https:\/\/www.ft.com\/content\/f6940d59-28f4-4ae4-a569-c6fc421e52b9\" rel=\"nofollow noopener\" target=\"_blank\">gave Anthropic just 90 minutes<\/a> to comply with a vague order\u2014cybersecurity leaders are up in arms over political football that they say hurts everyone.<\/p>\n<p>More than 125 such executives\u2014including former Facebook security officer Alex Stamos, former NSA AI officer Vinh Nguyen, internet trailblazer Paul Vixie, famed cryptographer Bruce Schneier, and bug bounty pioneer Katie Moussouris\u2014<a aria-label=\"Go to https:\/\/freefable.org\/\" href=\"https:\/\/freefable.org\/\" rel=\"nofollow noopener\" target=\"_blank\">signed and published an open letter<\/a> requesting that the White House lift its restrictions on Anthropic\u2019s AI models.<\/p>\n<p>\u201cThis action has taken the best models away from defenders, created market uncertainty, and risked America\u2019s AI leadership without any real risk to justify it,\u201d the executives wrote.<\/p>\n<p>The authors argue that coders and security teams need access to the latest AI models so they can find and fix software flaws before adversaries do. Banning the AI models outright? Unhelpful.<\/p>\n<p>\u201cTo pull the best capabilities away from defenders without a good reason when our adversaries are rapidly advancing is dangerous,\u201d the executives wrote, adding that China\u2019s AI models are mere months behind that of the U.S. in terms of development.<\/p>\n<p>What\u2019s more, the authors argued, the concerns that prompted officials to urgently ban Anthropic\u2019s models \u201ccan be replicated on GPT-5.5, Opus, Sonnet and even Chinese models like Kimi 2.7\u201d\u2014implying that Anthropic was unfairly penalized. Besides, Anthropic\u2019s existing safeguards for the new AI models \u201cwere so aggressive as to be the source of humor in the cyber community on launch day,\u201d they wrote.<\/p>\n<p>Next steps, according to the security leaders? A more democratic, data-driven, transparent, and minimally invasive regulatory process. Stay tuned. \u2014AN<\/p>\n<p>Fox will acquire Roku for about $25 billion<\/p>\n<p>The New York media company known as Fox Corp., led by Lachlan Murdoch and purveyor of everything from The Simpsons to Fox &amp; Friends, <a aria-label=\"Go to https:\/\/www.foxcorporation.com\/news\/corp-press-releases\/2026\/fox-corporation-to-acquire-roku-inc\/\" href=\"https:\/\/www.foxcorporation.com\/news\/corp-press-releases\/2026\/fox-corporation-to-acquire-roku-inc\/\" rel=\"nofollow noopener\" target=\"_blank\">says it will<\/a> <a aria-label=\"Go to https:\/\/newsroom.roku.com\/news\/2026\/06\/fox-corporation-to-acquire-roku-inc-\/ishjvytb-1781489389\" href=\"https:\/\/newsroom.roku.com\/news\/2026\/06\/fox-corporation-to-acquire-roku-inc-\/ishjvytb-1781489389\" rel=\"nofollow noopener\" target=\"_blank\">buy Roku<\/a> for some $25 billion.<\/p>\n<p>It would be Fox\u2019s largest-ever acquisition, which might explain why its shares closed down 15% to about $50.\u00a0<\/p>\n<p>Gulping down Anthony Wood\u2019s pioneering streaming service, last valued on the Nasdaq just shy of $21 billion, gives Fox access to more than 100 million streaming households and an ad business that brought in an estimated $2.4 billion in 2025\u2014not to mention a novel business licensing TV operating systems, found on sets made by TCL, Hisense, Sharp, JVC, RCA, Westinghouse, and the store brands for both Best Buy and Walmart.<\/p>\n<p>A Fox acquisition also gives Roku a way out. Though the cord-cutter has admirably moved into numerous adjacent businesses, its stock price never quite recovered after its pandemic-era highs (more than $470 per share in July 2021; it\u2019s now less than a third of that) as the industry evolved around its original value proposition to facilitate streaming media on TVs.\u00a0<\/p>\n<p>\u201cRoku exists in a strange space in 2026,\u201d the <a aria-label=\"Go to https:\/\/www.hollywoodreporter.com\/tv\/tv-news\/roku-for-sale-stock-jumps-20-percent-on-report-1236620804\/\" href=\"https:\/\/www.hollywoodreporter.com\/tv\/tv-news\/roku-for-sale-stock-jumps-20-percent-on-report-1236620804\/\" rel=\"nofollow noopener\" target=\"_blank\">Hollywood Reporter wrote<\/a> last week. \u201cThe company manufactures devices that act as a gateway to streaming, but newer televisions do not need that. In response to that reality, the company pivoted to making Smart TVs \u2014 or at least the operating systems within that allow users to access Netflix, Disney+ and the like. Roku has messed around with original programming, though it is not exactly a player in that space. Americans do watch The Roku Channel, however.\u201d<\/p>\n<p>As part of the deal, Wood will join Fox\u2019s board of directors, which includes former Australian prime minister Tony Abbott, Agility Robotics CEO Peggy Johnson, and former House Speaker Paul Ryan. Coming up next on Roku TV? $400 million of \u201ccost synergies.\u201d \u2014AN<\/p>\n<p>Some embattled Xbox studios could go independent<\/p>\n<p>As Microsoft\u2019s Xbox division, n\u00e9e Microsoft Gaming, enters into a 100-day \u201c<a aria-label=\"Go to https:\/\/news.xbox.com\/en-us\/2026\/06\/10\/next-100-days-xbox-reset\/\" href=\"https:\/\/news.xbox.com\/en-us\/2026\/06\/10\/next-100-days-xbox-reset\/\" rel=\"nofollow noopener\" target=\"_blank\">reset<\/a>\u201d that almost certainly <a aria-label=\"Go to https:\/\/www.seattletimes.com\/business\/microsoft\/layoffs-expected-as-new-xbox-chief-forces-hard-reset-in-microsoft-division\/\" href=\"https:\/\/www.seattletimes.com\/business\/microsoft\/layoffs-expected-as-new-xbox-chief-forces-hard-reset-in-microsoft-division\/\" rel=\"nofollow noopener\" target=\"_blank\">involves layoffs<\/a>, a new report suggests that some of the company\u2019s game studios are working to try to exit stage left.<\/p>\n<p>Compulsion Games (South of Midnight), Double Fine (Psychonauts), and Ninja Theory (Hellblade) are among the studios \u201cin active negotiations\u201d to spin out from Xbox rather than close up shop, <a aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2026-06-15\/studios-in-microsoft-s-xbox-division-brace-for-closures\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-15\/studios-in-microsoft-s-xbox-division-brace-for-closures\" rel=\"nofollow noopener\" target=\"_blank\">according to Bloomberg<\/a>.\u00a0<\/p>\n<p>The studios span the globe\u2014Compulsion is Canadian, Ninja Theory is English, and Double Fine is based in San Francisco.<\/p>\n<p>\u201cThe studios may still have the opportunity to buy themselves back from Xbox and go independent, although many employees will likely lose their jobs as a result,\u201d according to the report.<\/p>\n<p>It\u2019s not yet clear how deep Xbox\u2019s cuts will go, but CEO Asha Sharma\u2014<a aria-label=\"Go to https:\/\/fortune.com\/videos\/watch\/To-the-Next-Level\/194b4888-fa16-410b-97d3-3c12d87bde16?activePlaylistName=Brainstorm%20Tech%202026\" href=\"https:\/\/fortune.com\/videos\/watch\/To-the-Next-Level\/194b4888-fa16-410b-97d3-3c12d87bde16?activePlaylistName=Brainstorm%20Tech%202026\" rel=\"nofollow noopener\" target=\"_blank\">who spoke at our Brainstorm Tech summit in Aspen last week<\/a>\u2014was unsparing in her week-ago memo about the coming reset, laying out \u201chard truths\u201d including soaring hardware prices, an overly outsourced tech stack, and an \u201coverextended\u201d studio system for a low-margin division that contributes less than 10% of Microsoft\u2019s revenue.<\/p>\n<p>\u201cExcluding Activision Blizzard King, over the past five years, we have spent over $20 billion on ongoing investments in our content, platform, and hardware subsidy, but our annual revenue has declined nearly half a billion during that time,\u201d she wrote. \u201cGoing forward, this cannot continue.\u201d \u2014AN<\/p>\n<p>More tech<\/p>\n<p>\u2014<a aria-label=\"Go to https:\/\/www.cnbc.com\/2026\/06\/15\/spacex-stock-record-ipo-debut.html\" href=\"https:\/\/www.cnbc.com\/2026\/06\/15\/spacex-stock-record-ipo-debut.html\" rel=\"nofollow noopener\" target=\"_blank\">SpaceX shares closed up 19.6% yesterday<\/a>, valuing the company at $2.5 trillion.<\/p>\n<p>\u2014<a aria-label=\"Go to https:\/\/www.gov.uk\/government\/speeches\/pm-remarks-from-downing-street-on-social-media-15-june-2026\" href=\"https:\/\/www.gov.uk\/government\/speeches\/pm-remarks-from-downing-street-on-social-media-15-june-2026\" rel=\"nofollow noopener\" target=\"_blank\">The U.K. will ban social media for under-16s<\/a> from spring 2027 to \u201cgive kids their childhood back.\u201d<\/p>\n<p>\u2014<a aria-label=\"Go to https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.cand.456862\/gov.uscourts.cand.456862.110.0_1.pdf\" href=\"https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.cand.456862\/gov.uscourts.cand.456862.110.0_1.pdf\" rel=\"nofollow noopener\" target=\"_blank\">Judge dismisses xAI lawsuit alleging OpenAI stole trade secrets<\/a> for failing to demonstrate misappropriation.<\/p>\n<p>\u2014<a aria-label=\"Go to https:\/\/www.salesforce.com\/news\/press-releases\/2026\/06\/15\/salesforce-signs-definitive-agreement-to-acquire-fin\/?bc=OTH\" href=\"https:\/\/www.salesforce.com\/news\/press-releases\/2026\/06\/15\/salesforce-signs-definitive-agreement-to-acquire-fin\/?bc=OTH\" rel=\"nofollow noopener\" target=\"_blank\">Salesforce will acquire Fin for $3.6 billion<\/a>. The AI customer service company was once known as Intercom.<\/p>\n<p>\u2014<a aria-label=\"Go to https:\/\/www.theinformation.com\/articles\/qualcomm-talks-buy-tenstorrent-expand-ai-chip-capabilities\" href=\"https:\/\/www.theinformation.com\/articles\/qualcomm-talks-buy-tenstorrent-expand-ai-chip-capabilities\" rel=\"nofollow noopener\" target=\"_blank\">Qualcomm may acquire Tenstorrent<\/a>, the AI chip designer, for upwards of $10 billion.<\/p>\n<p>\u2014<a aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2026-06-15\/goldman-backed-go-to-debut-after-biggest-japan-ipo-this-year\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-15\/goldman-backed-go-to-debut-after-biggest-japan-ipo-this-year\" rel=\"nofollow noopener\" target=\"_blank\">Japan\u2019s largest IPO this year: Go<\/a>. Shares of the taxi-hailing app rose 21% in its Tokyo debut, valuing the firm at almost $1.2 billion.<\/p>\n<p>\u2014<a aria-label=\"Go to https:\/\/www.prnewswire.com\/news-releases\/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-for-local-and-cross-border-commerce-302800166.html\" href=\"https:\/\/www.prnewswire.com\/news-releases\/nuvei-to-acquire-payoneer-for-2-75-billion-creating-a-leading-global-platform-for-local-and-cross-border-commerce-302800166.html\" rel=\"nofollow noopener\" target=\"_blank\">Nuvei will acquire Payoneer for about $2.75 billion<\/a>. The Canadian payments company expects its deal for the New York payments company to close next year. <\/p>\n<p>Endstop triggered<a aria-label=\"Go to https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2025\/01\/GettyImages-1320808277.jpg\" href=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2025\/01\/GettyImages-1320808277.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img alt=\"A glowing neon sign of a question mark for a quiz. (Illustration: MaksymChechel\/GettyImages)\" data-cy=\"article-image\" loading=\"lazy\" width=\"1024\" height=\"652\" decoding=\"async\" data-nimg=\"1\" class=\"transition-opacity duration-300 size-large wp-image-4115283 not-prose w-full\" style=\"color:transparent;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image\/svg+xml;charset=utf-8,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 1024 652'%3E%3Cfilter id='b' color-interpolation-filters='sRGB'%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3CfeColorMatrix values='1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1' result='s'\/%3E%3CfeFlood x='0' y='0' width='100%25' height='100%25'\/%3E%3CfeComposite operator='out' in='s'\/%3E%3CfeComposite in2='SourceGraphic'\/%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3C\/filter%3E%3Cimage width='100%25' height='100%25' x='0' y='0' preserveAspectRatio='none' style='filter: url(%23b);' href='data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR4nGNgYAAAAAMAASsJTYQAAAAASUVORK5CYII='\/%3E%3C\/svg%3E&quot;)\"   src=\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/06\/GettyImages-1320808277.jpg\"\/><\/a>A glowing neon sign of a question mark for a quiz. (Illustration: MaksymChechel\/GettyImages)<\/p>\n<p>A: IBM, a.k.a. International Business Machines Corporation, was founded as the Computing-Tabulating-Recording Company. CTR, as it was known, was formed via the merger of three discrete businesses: the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Company. The firm\u2019s name changed to its current one in 1924 in an attempt to reflect its broadened ambitions. (Mission accomplished.)<br \/>Meanwhile Oracle Corporation was founded as Software Development Laboratories, or SDL. The startup\u2019s first customer? None other than the CIA, who gave the fledgling company a $50,000 contract for a relational database inspired by the work of\u2014irony alert\u2014IBM computer scientist E.F. \u201cTed\u201d Codd. Two years later, the firm was renamed to Relational Software Inc., or RSI; the moniker Oracle Systems Corporation came in 1983, inspired by the codename of that first CIA database project. \u2014AN<\/p>\n","protected":false},"excerpt":{"rendered":"Good morning. June 16 is a big day in tech. It\u2019s the founding date of both IBM (1911)&hellip;\n","protected":false},"author":2,"featured_media":75476,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[53,38277,10639,4055,2618,703,41460,320,11717,2008,157,2163,1340,30375,41461,658,3480],"class_list":["post-75475","post","type-post","status-publish","format-standard","has-post-thumbnail","category-anthropic","tag-anthropic","tag-digital-and-mobile-payments","tag-fortune-tech","tag-fox","tag-ibm","tag-japan","tag-kaspersky-lab","tag-microsoft","tag-microsoft-xbox","tag-no-copyright","tag-openai","tag-oracle","tag-qualcomm","tag-ride-hailing","tag-roku","tag-spacex","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/75475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=75475"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/75475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/75476"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=75475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=75475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=75475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}