Techmeme
August 28, 2026, 12:55 PM

Top News

Jack Queen / Reuters:
A US judge blocks the Pentagon from blacklisting Anthropic, ruling that its designation as a supply-chain risk was “illegal and baseless”  —  A U.S. judge on Thursday blocked the Pentagon's blacklisting of Anthropic, the latest turn in the Claude maker's high-stakes fight with the military over AI safety on the battlefield.
Bloomberg:
Sources: Advent and Stripe are no longer pursuing a deal to acquire PayPal; the group offered to pay $60.50/share in July, valuing PayPal at $53B  —  A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal Holdings Inc. …
Financial Times:
The UK Treasury tells the Bank of England to boost innovation in payment systems and digital money, as it seeks to promote the UK as a hub for stablecoins  —  Treasury gives central bank a new legal objective as part of effort to promote UK as hub for stablecoins
Jiyoung Sohn / Wall Street Journal:
South Korea unveils a project with KT, SK Telecom, and Kakao to provide premium AI tools to the public for free, a move that treats AI like a public utility  —  Seoul wants to direct use of homegrown AI chatbots to reduce reliance on U.S. or Chinese options, footing the bill and offering unlimited tokens
Wall Street Journal:
Sources: some tech companies are courting Democrats and hiring advisers to prepare for potential investigations if Republicans lose control of the House  —  Tech firms are courting Democrats and hiring advisers to prepare for potential investigations if Republicans lose control of the House
Tanaya Macheel / CNBC:
BitGo agrees to buy NYDIG's institutional trading business and related assets, expanding BitGo's derivatives offerings; ~30 NYDIG employees are joining BitGo  —  The crypto infrastructure firm BitGo has agreed to buy the institutional trading business and related assets of NYDIG, CNBC has learned.
Sarah Perez / TechCrunch:
Bluesky launches a feature to let users hide their posts from non-followers in its Discover feed; other AT Proto apps can choose whether to respect the opt-out  —  After adding support for longer videos just yesterday, open social network Bluesky on Thursday introduced a new algorithmic opt …
Todd Spangler / Variety:
Apple TV raises prices in the US, with the monthly price up by $2 to $14.99, its fourth increase in four years; the individual Apple One tier rises $2 to $21.95  —  Tech giant also ups price of Apple One multi-service bundle's individual plan  —  It's going to cost Americans a few more bucks to watch …
Bloomberg:
Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier  —  CXMT Corp.'s first-half revenue leapt almost 10-fold while profit surged, reflecting a rush for AI hardware that's made the memory chipmaker China's most valuable business.
Bloomberg:
Tencent releases Hy4 Preview, a 770B-parameter open model with 1M context window, and says it outperforms Z.AI and Moonshot models in internal tests  —  Tencent Holdings Ltd. released a foundation model it says outperforms rivals Z.AI Co. and Moonshot AI in internal tests …
Wall Street Journal:
Sources: Abu Dhabi's Sheikh Tahnoon and co-investors back an entity owning 49%, the largest stake, in the company behind the Trump family's planned crypto bank  —  The Emirati ‘spy sheikh’ backs a 49% stake in the entity behind the new World Liberty bank  —  The Abu Dhabi royal sometimes referred …
Will Knight / Wired:
Anthropic releases Model Hardware Standard, a framework to help AI agents use physical systems like microscopes, quantum computing hardware, and robot arms  —  The potential for AI to automate scientific research and manufacturing must be balanced with new risks, Anthropic says.

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