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<!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encr</span><!--<![endif]-->
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3c4bb2ac3a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Generate videos with Veo 3 in Google Gemini</a></span>
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<span style="color:#455;font-weight:bold;">Tomorrow's events: </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b2e2a29400&e=06cea4a9e4" style="text-decoration: none;color: #004860;">HYBRID: gamescom (day 2)</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c31c53d2ce&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Google "Made By Google" Pixel Hardware media event</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ee5c1f69dd&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Earnings: BIDU</a></span>
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top news
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=93cd5671cf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encrypted data</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kanishka Singh / </span><span class="pub_name">Reuters</span>)</span>
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<span class="excerpt">Britain has dropped its demand for the iPhone maker Apple (AAPL.O) to provide a … </span>
<span class="cite">(Kanishka Singh / Reuters)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6dff44b83c&e=06cea4a9e4" style="text-decoration: none;color: black;">@dnigabbard:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3a122568d3&e=06cea4a9e4" style="text-decoration: none;color: black;">Over the past few months, I've been working closely with our partners in the UK, alongside @POTUS and @VP, to ensure Americans' private data remains private and our Constitutional rights and civil liberties are protected. As a result, the UK has agreed to drop its mandate for Apple to provide a “back door” that would have enabled access to the protected encrypted data of American citizens and encroached on our civil liberties.</a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=acd2697a67&e=06cea4a9e4" style="text-decoration: none;color: black;">@daviddavismp:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c9037b3110&e=06cea4a9e4" style="text-decoration: none;color: black;">I hope the Government will drop any similar demands it has made of other companies. When Parliament returns I will submit a Written Question to seek a clear answer on whether that will happen.</a>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=27fa6d66de&e=06cea4a9e4" style="text-decoration: none;color: black;">@markgurman:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5280a8b53b&e=06cea4a9e4" style="text-decoration: none;color: black;">To be clear: this doesn't mean Advanced Data Protection is coming back to the UK anytime soon. I doubt that'll happen until the order is reversed for all nationalities.</a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=199bbbe33e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta considers downsizing its AI division, with some executives expected to leave, and is exploring using third-party models for its AI products</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">New York Times</span>)</span>
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<span class="excerpt">Meta is expected to announce a new restructuring of its artificial intelligence … </span>
<span class="cite">(New York Times)</span>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8e62b00181&e=06cea4a9e4" style="text-decoration: none;color: black;">@charlesrollet1:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8336f34875&e=06cea4a9e4" style="text-decoration: none;color: black;">Meta did hire a lot of AI people to compete with ChatGPT. Now, Meta is focusing its AI efforts on a much smaller Superintelligence team. That's lead to existing staff feeling sidelined - & some wondering whether that's the point. ... [image]</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f4474aba1e&e=06cea4a9e4" style="text-decoration: none;color: black;">@charlesrollet1:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4f9b02d02c&e=06cea4a9e4" style="text-decoration: none;color: black;">Meta's reorg is being framed by some as the collapse of the AI bubble, but that's not what's happening at all! Meta is tripling down on AI & spending more than ever on it.</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e38ed53a92&e=06cea4a9e4" style="text-decoration: none;color: black;">@bigblackjacobin:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a820c21812&e=06cea4a9e4" style="text-decoration: none;color: black;">not to be confused with the last three AI division restructures. or the metaverse division restructures. or the libra/diem restructure shortly before that operation was sold off. </a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6690d8c569&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Memo: Meta restructures Superintelligence Labs; Alexandr Wang heads TBD Lab, Robert Fergus heads FAIR, Nat Friedman heads products, Aparna Ramani heads Infra</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Riley Griffin / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3013e34849&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Wyoming launches a stablecoin, FRNT, marking the first time a US state has issued a blockchain-based, fiat-pegged token to be used by retail and enterprises</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Daniel Kuhn / </span><span class="pub_name">The Block</span>)</span>
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<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ab8d7fd53e&e=06cea4a9e4" style="text-decoration: none;color: black;">@scaramucci:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dcde7b680e&e=06cea4a9e4" style="text-decoration: none;color: black;">Congrats to @GovernorGordon and team on launch of $FRNT Frontier Stable Token at @SALTConference's Wyoming Blockchain Symposium. Benefits Wyoming schools, not a CBDC. Of course @solana and @avax out front as launch partners. </a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5eb10bf91b&e=06cea4a9e4" style="text-decoration: none;color: black;">@wyostable:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e037a52f3e&e=06cea4a9e4" style="text-decoration: none;color: black;">Today, Commission Chairman & @GovernorGordon announced the mainnet launch of the Frontier Stable Token (FRNT). This historic move marks Wyoming as the first public entity in the United States to issue a blockchain-based stable token</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fb67ca548c&e=06cea4a9e4" style="text-decoration: none;color: black;">@secpaulsatkins:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d9eed4cd28&e=06cea4a9e4" style="text-decoration: none;color: black;">I had a great conversation with @TeresaGoody at @SALTConference's Wyoming Blockchain Symposium today about my priorities as @SECgov chairman, including Project Crypto and making IPOs great again. It's a new day at the SEC. Thread 🧵⬇️ [image]</a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c59dbc919b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">US Commerce Secretary Howard Lutnick says Intel must give the government an equity stake in the company in return for CHIPS Act funds; INTC closes up 7%</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">CNBC</span>)</span>
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<ul style="padding:0px 10px 0px 0px;">
<li class="sub_item" style="margin:10px 0 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5b34d280f2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Masayoshi Son met Lip-Bu Tan to discuss SoftBank acquiring Intel's faltering foundry business in the weeks before announcing SoftBank's $2B investment</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
</li>
</ul>
</td></tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bb4aa19e6d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Nvidia is developing a new Blackwell-based AI chip for China, tentatively known as the B30A, that will be more powerful than its H20 model for China</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=80d6f4a0ac&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Apple is making all four iPhone 17 models in India ahead of debut, a first, as it expands to five factories to cut reliance on China for US-bound units</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=44480c3d81&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399, or ~$4.57, per month, its most affordable yet, to grow users in its second-largest market</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kashish Tandon / </span><span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ab5f74519d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Databricks is finalizing a Series K at a $100B valuation, up 61% from its December 2024 round; sources say it is co-led by Thrive and a16z plans to participate</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Angel Au-Yeung / </span><span class="pub_name">Wall Street Journal</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3aa948e4f1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Meta rolls out AI-powered voice translations for creators on Facebook and Instagram globally, supporting English-Spanish translations with lip syncing</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sarah Perez / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4fb9f1789e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Tether hires Bo Hines, who stepped down as White House Crypto Council Executive Director earlier in August, as an adviser to help it expand in the US</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Prakhar Srivastava / </span><span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9a4dc92913&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The White House launches an official TikTok account, with the aim of communicating President Trump's policies</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Steve Holland / </span><span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
artificial intelligence
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=62b2041829&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Microsoft rolls out a COPILOT function in Excel for users in the Beta Channel, letting them use text prompts to categorize data, summarize feedback, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sean Endicott / </span><span class="pub_name">Windows Central</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=979e20ad7c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An MIT report finds that 95% of GenAI pilots at companies have little to no financial impact, due to the “learning gap” for both the tools and the companies</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sheryl Estrada / </span><span class="pub_name">Fortune</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3f09bca3cb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">DeepSeek releases V3.1, adding a longer context window, with few other details; Chinese media blames CEO Liang Wenfeng's perfectionism and bugs for R2's delay</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2fe81fdf15&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Alibaba releases Qwen-Image-Edit, the image editing version of Qwen-Image, supporting modifications of Chinese and English text while preserving font and style</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Carl Franzen / </span><span class="pub_name">VentureBeat</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=71ccbf10dc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A survey of 4,446 US adults on AI: 71% are concerned AI will put “too many people out of work permanently”, 61% worry about electricity consumption, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=58dabd6e4d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bill Gates backs the Alzheimer's Insights AI Prize, which gives $1M to a team making AI to “accelerate breakthrough discoveries from existing Alzheimer's data”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Stephen Morris / </span><span class="pub_name">Financial Times</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
litigation
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e4c70b71eb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google will pay $30M to settle a class action lawsuit alleging it violated kids' privacy on YouTube by collecting data without parental consent for targeted ads</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jonathan Stempel / </span><span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5d765e0fcf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A US federal appeals court rejects T-Mobile's bid to overturn a $92M fine for illegally selling customer location data without consent, after a 2024 FCC ruling</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jon Brodkin / </span><span class="pub_name">Ars Technica</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
app stores
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=59b2e7c359&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google proposes Play Store changes in the EU, like making it easier for developers to direct users to websites and a new tiered fee structure, after EU scrutiny</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Samuel Stolton / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9f4ca11075&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Tim Sweeney says the UK's mobile app store regulation lags “well behind” other countries, and calls the CMA delaying its iPhone sideloading decision a “blunder”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tim Bradshaw / </span><span class="pub_name">Financial Times</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
funding deals
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b99ac203d4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">NYC-based Eight Sleep, which makes the AI-powered Pod smart mattress cover for measuring sleep, raised $100M from HSG and others, after an $86M Series C in 2021</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kate Park / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f416eef9ea&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: Pylon, which uses AI to automate B2B customer service, raised $31M led by a16z and Bain Capital at a valuation in the hundreds of millions of dollars</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Stephanie Palazzolo / </span><span class="pub_name">The Information</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7a811288c7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Austin-based Aalo Atomics, which is building a modular nuclear reactor and data center, set to finish construction in 2026, raised a $100M Series B led by Valor</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Julia Hornstein / </span><span class="pub_name">Business Insider</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ae7dfad26a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Functionize, which offers a cloud platform that uses AI to speed up software testing, raised a $41M Series B, bringing its total funding to $67M+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maria Deutscher / </span><span class="pub_name">SiliconANGLE</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5f7f5be0e7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">NYC-based Keychain, which makes AI-based software that helps manufacturers manage their product cycles, raised a $30M Series B, taking its total funding to $68M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jagmeet Singh / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c46e73a556&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Firecrawl, which offers an open-source web crawler for developers and AI agents, raised a $14.5M Series A led by Nexus Venture Partners</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Julie Bort / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
more news
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d64763db37&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">What to expect from Google's “Made by Google” Pixel hardware event on August 20: four Pixel 10 phones, including a Pro Fold, Pixel Watch 4, and Pixel Buds 2A</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dominic Preston / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=396d3abdc4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bullish says it has received all $1.15B in capital raised from its IPO in stablecoins, including USDC, USDG, and PYUSD, marking a first for US public markets</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Krisztian Sandor / </span><span class="pub_name">CoinDesk</span>)</span>
</td>
</tr>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=00db87a34e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Robinhood, in partnership with Kalshi, launches a sports prediction market on Robinhood Derivatives, letting users trade on pro and college football games</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">RT Watson / </span><span class="pub_name">The Block</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a8bc4a6e5e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Xiaomi reports Q2 revenue up 31% YoY to ~$16.2B, above ~$16B est., and net income up 134% YoY to ~$1.6B, driven by EV sales countering slowing smartphone demand</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Linda Lew / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=be10053a2a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Federal prosecutors charge an Oregon man with operating the Rapper Bot, one of the most powerful DDoS botnets ever seen, which knocked X offline earlier in 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Robert McMillan / </span><span class="pub_name">Wall Street Journal</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=140d27f31c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The US FTC sues Key Investment Group, operator of sites like TotalTickets.com, for evading purchasing limits to buy up and resell live event tickets at a markup</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jody Godoy / </span><span class="pub_name">Reuters</span>)</span>
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