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February 7, 2026, 1:55 PM
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memeorandum
WeSmirchTop News
| Rani Molla / Sherwood News: |
Apple, whose capital expenditure is just a fraction of its peers, is the only Big Tech company that saw capex decline YoY in Q4, decreasing 19% to $2.37B — One of these companies is not like the others. — If you've been following the Big Tech companies' earnings reports …
More: Wall Street Journal, The Information, CNBC, Financial Times, Fortune, Network World, The Register, Bloomberg, and Reuters
| Bloomberg: |
Tether froze $544M in alleged illicit income at Turkey's request, part of its push to aid governments in crackdowns against crypto use in alleged crimes — On Jan. 30, Turkish authorities announced the freezing of more than half a billion dollars in assets owned by Veysel Sahin …
More: BeInCrypto, Bitcoin Insider, CryptoNinjas, Cointelegraph, and The Crypto Times
| Oliver Roeder / Financial Times: |
An interview with Kalshi CEO Tarek Mansour about the “wisdom of the crowd”, political polarization, having Trump Jr. as an adviser, casino comparisons, and more — The co-founder of America's biggest predictions market on the ‘wisdom of the crowd’, political polarisation — and the company's adviser, Donald Trump Jr| Molly Taft / Wired: |
New York lawmakers propose a bill to impose a three-year moratorium on data center development, making NY at least the sixth state to introduce such legislation — Red and blue states alike have introduced legislation in recent weeks that would halt data center development, citing concerns from climate to high energy prices.
More: TechCrunch, NYSenate.gov, WOUB Public Media, Spectrum News 1 Central NY, Democrat And Chronicle, The Hill, Politico, MLive.com, and Bisnow
X: @pat_hedger, @deanwball, @miles_brundage, and @mollytaft
Forums: r/nyc and r/newyorkcity
| Stephen Wilmot / Wall Street Journal: |
New US rules banning Chinese software in internet-connected vehicles from March 17 add urgency to industrywide efforts to reduce reliance on Chinese components — New U.S. rules ban Chinese software in vehicles on national-security grounds — How Chinese is your car? Automakers are racing to work it out.
More: Caixin Global, Investor's Business Daily, EV, and Semafor
| Eric Jang / Evjang.com: |
A look at the state of AI agents, the evolution of thinking models, the staggering need for inference compute in the coming years, automated research, and more — — Dr. Vannevar Bush, As We May Think, 1945 — If we consider life to be a sort of open-ended MMO, the game server has just received a major update.
| Hyunjoo Jin / Reuters: |
South Korean cryptocurrency exchange Bithumb says it accidentally sent $44B worth of bitcoin to customers as promotional rewards and has recovered 99.7% of it — South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins …
More: Tom's Hardware, Blockchain.News, Crypto Briefing, Gulf News, CoinGape, Bitcoinist.com, Bloomberg, Oman Observer, Tech in Asia, Yonhap News Agency, CoinDesk, The Chosun Daily, The Asia Business Daily, Blockonomi, Protos, Gizmodo, The Korea Times, The Defiant, Decrypt, Bitcoin Magazine, BeInCrypto, The Block, crypto.news, and Coinpedia Fintech News. Forums: r/wallstreetbets
| Bloomberg: |
Kalshi and Polymarket have facilitated over $800M in Super Bowl contracts, as pro gamblers shift to prediction markets and adopt Wall Street-style strategies — The sudden rise of prediction markets has sophisticated bettors scrambling to adjust their strategies.
More: Business Wire, Bloomberg, Futurism, Barron's Online, and Bloomberg Law
LinkedIn: Guy Harding and Ira Boudway
| Marina Temkin / TechCrunch: |
Source: Benchmark raised $225M in special funds to invest in Cerebras' ~$1B Series H, led by Tiger Global; Benchmark led Cerebras' $27M Series A in 2016 — This week, AI chipmaker Cerebras Systems announced that it raised $1 billion in fresh capital at a valuation of $23 billion …
More: StrictlyVC
| Wall Street Journal: |
US data center demand has driven stock surges of contractors and equipment makers like Corning, Sterling Infrastructure, Comfort Systems USA, and Carrier Global — Data-center demand has sent shares in contractors, equipment makers and more surging — The intensity of America's data-center build …
LinkedIn: Robert Elfinger, Zak Kostura, Andrew C. Lindsey, Chris Teddy, and David Gitlin
| Duncan Riley / SiliconANGLE: |
RADICL, which offers threat detection and response services to SMBs supporting US defense industrial base and critical infrastructure, raised a $31M Series A — Cybersecurity-as-a-service startup Radicl Defense Inc. announced today that it has raised $31 million in early-stage funding … | Bloomberg: |
Chinese regulators fined Kuaishou $17.2M for failing to curb illegal content; pornographic content appeared on Kuaishou during its December 2025 cyberattacks — Chinese regulators fined Kuaishou Technology 119.1 million yuan ($17.2 million) over pornographic content that swamped its platform last December …
More: South China Morning Post and Reuters
| Wall Street Journal: |
Palmer Luckey's Erebor becomes the first newly created bank to receive a national charter under the second Trump administration, launching with $635M in capital — Erebor founder Palmer Luckey was one of the tech industry's early Trump supporters and is known for his penchant for Hawaiian shirts
More: Forbes, Cointelegraph, The Information, Coinpedia Fintech News, and Reuters
X: @uscomptroller, @palmerluckey, @palmerluckey, @stevenkelly49, @jmj, @a16zcrypto, @thenewsham, @xethalis, @lux_capital, and @mrgoldbro
LinkedIn: Wendy Goldberg and Weston Moyer
| Natalie Lung / Bloomberg: |
Waymo says it is using DeepMind's Genie 3 to create realistic digital worlds for its autonomous driving technology to train on edge-case scenarios — Alphabet Inc.'s Waymo said it is using DeepMind's Genie 3 AI model to create realistic, digital worlds for its autonomous driving technology to train on edge-case scenarios.
More: Waymo, Ars Technica, WinBuzzer, The Data Exchange, CleanTechnica, PYMNTS.com, The Deep View, Gizmodo, PCMag, MarkTechPost, The Decoder, San Francisco Chronicle, New York Post, Forbes, The Verge, and Brad Ideas
Sponsor Posts
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SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
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Zoho:
How WCAG compliance makes modern workplaces more accessible — A workplace's approach to inclusivity starts with its everyday tools. Some of them can create barriers that inadvertently shut people out.
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IDrive:
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WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
Channels with Peter Kafka:
Encore: Chuck Klosterman on Why Football Owns TV (and Why It Won't Forever)
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Invest Like the Best:
Zach Reitano - Building Ro and Why Healthcare Should Be 50% of GDP
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Sources:
Amazon AWS CEO: AI boom is just getting started
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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Cheeky Pint:
Nik Storonsky: The most uncompromising banking CEO
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Lenny's Podcast:
Why PMs are suddenly valuable again | Tulsee Doshi (Head of Product, Gemini)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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