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August 29, 2026, 9:15 AM
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memeorandum
WeSmirchTop News
| OpenAI: |
OpenAI says it plans to stop providing its models to Cursor from November 12, as “we cannot be confident that SpaceX will use our technology within our ToS” — Today, we notified SpaceX that we intend to wind down our contract providing OpenAI models to Cursor, with a proposed shutoff date of November 12, 2026.
More: Business Today, Reuters, Nairametrics, Bloomberg, Seoul Economic Daily, The Decoder, The Information, Business Insider, The Indian Express, Blockonomi, Neowin, RuntimeWire, TESLARATI, Reuters, Digit, StrictlyVC, Latent.Space, Tech in Asia, and Manton Reece
X: @openai, @mntruell, @yuchenj_uw, @nottombrown, @theo, @bentlegen, @isidentical, @yuchenj_uw, @deredleritt3r, @teortaxestex, @quinnypig, @thsottiaux, @weswinder, @amasad, @edzitron, @clairevo, @antoniogm, @basedtorba, @mikeisaac, @jumperz, and @imjaredz
Forums: Hacker News, r/singularity, r/technology, r/BetterOffline, r/windsurf, r/codex, and r/cursor
| Wall Street Journal: |
Trade unions threaten to withhold support for politicians opposing data center projects, warning that blocking the projects endangers building-related jobs — Trade unions threaten to withhold support for politicians, joining the building backlash — Much of the public outcry …
More: Townhall. X: @cafreiman, @amir, @scottmgreer, @rachaelrad, @niubi, @amrithramkumar, @lindsayaellis, @freightalley, @matthewberman, @pmddomingos, @ashwinramaswami, @brad_polumbo, @luke_metro, @drorpoleg, @adamkovac, and @saeverley. LinkedIn: Lindsay Ellis. Bluesky: @conorsen
Forums: r/Construction, r/politics, r/aiwars, r/accelerate, and r/neoliberal
| Alexandra S. Levine / Bloomberg: |
Meta intensifies its pressure campaign on TikTok and YouTube, running full-page ads in US newspapers demanding they adopt comparable teen safety protections — Meta Platforms Inc. is intensifying its public pressure campaign on TikTok and YouTube, running full-page advertisements …
More: iPhone in Canada, The Hill, The Asia Business Daily, CNBC, Business Insider, Mobile Dev Memo, and Breitbart
X: @mikeisaac, @jason_kint, @blaw, @taylorlorenz, @ali_lev, @eric_seufert, @larakiara, @gergelyorosz, @mikeisaac, and @ashwinramaswami. LinkedIn: Alexandra Levine. Threads: @taylorlorenz
| Lauren McCarthy / New York Times: |
An appeals court rules states can regulate prediction markets, finding Kalshi's sports event contracts are bets, not swaps, and subject to state gambling laws — The outcome contradicted an earlier appeals court decision. Federal regulators said the split rulings called for resolution by the Supreme Court.
More: Ars Technica, Bloomberg Law, CNN, crypto.news, Las Vegas Review-Journal, CNBC, PYMNTS, The Information, The Daily Wire, Mashable, The Hill, CoinDesk, CBS News, American Banker, Associated Press, Quartz, New Republic, CoinGape, The Nevada Independent, Bloomberg, Reuters, NOTUS, and ABC Columbia
| Ayden Runnels / The Texas Tribune: |
Texas Gov. Greg Abbott orders state agencies to pause funding for Flock cameras; an investigation found an agency allocating $30M+ to build Texas' Flock network — The order came as The Texas Tribune was preparing to publish an investigation detailing how a state agency has devoted …
More: Fox News, Political.org, Wired, The Texas Tribune, and KQED
Forums: r/texas, r/TexasPolitics, r/politics, r/technology, r/alpharetta, r/Marietta, r/Atlanta, r/Georgia, r/alpharetta, and r/FlockSurveillance
| Bloomberg: |
SK Hynix breaks ground for its $4B advanced memory chip packaging facility in Indiana, with mass production of next-generation HBM scheduled to begin in H2 2029 — SK Hynix Inc. held a groundbreaking ceremony Thursday for its advanced memory packaging facility in Indiana … | Financial Times: |
New AI-powered video tools have accelerated the surge in AI dramas in China; DataEye: 89 of the top 100 animated dramas on Douyin in May were AI productions — Online performers left jobless as new video-generation programmes sweep industry — Chinese actors and online influencers have a new rival … | Frederic Lardinois / The New Stack: |
Z.ai releases GLM-5.3's weights under a new license requiring companies with $10B+ in revenue over 12 months to pass Z.ai's security review to host the model — Z.ai put the GLM-5.3 weights on Hugging Face, but dropped the MIT license. Providers above $10 billion in revenue now need a security review.
More: Hugging Face, New York Times, Hugging Face, TechCrunch, RuntimeWire, and Tech Times
| Summer Zhen / Reuters: |
Xiaomi and CXMT say the Xiaomi 18 Fold smartphone will debut CXMT's LPDDR6 DRAM chips, alongside Xiaomi's in-house 3nm Xring O3 SoC, launching in September — China's top memory chipmaker, CXMT (688825.SS), will supply its latest LPDDR6 DRAM chips for Xiaomi's upcoming flagship folding phone, the companies said on Saturday.
More: Notebookcheck, NPowerUser, XimiTime, and Memeburn
X: @universeice, @folduniverse, and @jukan05
| Financial Times: |
An analysis of the 50 largest bitcoin treasury companies by BTC holdings finds their combined market cap has plunged from $150B in July 2025 to just $67B now — Crypto hoarders have been selling tokens and reverting to former activities — More than $80bn has been wiped off the value … | Ben Jiang / South China Morning Post: |
Meituan reports Q2 revenue up 14.4% YoY to $15.62B and adjusted net profit of $372M, ending a three-quarter losing streak as the food delivery price war cooled — Revenue for the quarter rose 14.4 per cent year on year to 105 billion yuan, beating the consensus estimate of 101 billion yuan.| Vallari Sanzgiri / The Hindu BusinessLine: |
Jio Platforms, which owns India's largest carrier and counts Meta and Google as investors, gets regulatory approval to float India's largest-ever IPO of ~$4B — Debt repayment, strong cash flows underpin investor optimism around Jio IPO — Reliance Industries' digital arm Jio Platforms …
More: Bloomberg, Business Today, MediaBrief, Times of India, Inc42, Times of India, Reuters, The Indian Express, and The Hindu. X: @businessline
| Reuters: |
CXMT sues the Pentagon over its Chinese military company designation, saying it isn't affiliated with the Chinese military and its chips aren't for military use — China's top memory chipmaker, ChangXin Memory Technologies (688825.SS), sued the Pentagon on Friday over being placed on a list …
More: Bloomberg, Tech in Asia, and MarketWatch
| Emily Forgash / Bloomberg: |
Shares of French quantum computing company Pasqal closed up 95% in their Nasdaq debut on Friday following a merger with a SPAC — Pasqal Holding SA soared in its first day of trading after the quantum computing company went public in New York via a merger with a blank-check firm …
More: The Quantum Insider, Reuters, Barron's Online, Finimize, and eeNews Europe
Sponsor Posts
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Cloudflare:
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Zoho Sign takes a bite of Apple's latest: iOS 27, iPadOS 27, and macOS Golden Gate — It's September, and you know the drill. Apple just handed us a fresh batch of releases, and there's plenty to look forward …
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