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August 31, 2026, 5:40 PM
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| Annie Palmer / CNBC: |
The FTC and 22 state AGs sue Amazon, alleging it overcharged advertisers over $20B since 2019 via hidden surcharges, with costs largely passed on to consumers — The Federal Trade Commission on Monday sued Amazon, alleging the e-commerce giant “secretly and systematically overcharged” …
More: Wall Street Journal, Bloomberg Law, The Information, New York Times, Financial Times, Reuters, Adweek, Quartz, MarketWatch, Courthouse News Service, State of California, New Jersey Office …, Forbes, CBS News, MLex, IJR News, AGO News Releases, TheDesk.net, and ZeroHedge News
X: @afergusonftc and @ftc
| About Amazon: |
Amazon says the FTC's complaint over Sponsored Ads cites no evidence of consumer price increases or advertiser harm, and misunderstands how advertisers operate — The FTC today filed a misguided lawsuit claiming Amazon misled advertisers about its Sponsored Ads pricing and auction.| Mark Gurman / Bloomberg: |
Sources: Phil Schiller stepped down from his role leading the App Store and product events; he will remain at Apple to work on unspecified initiatives — Apple Inc.'s Phil Schiller, one of the most visible and influential executives across both the Steve Jobs and Tim Cook eras …
More: The Verge, The Information, TechCrunch, AppleInsider, Thurrott, Macworld, The Mac Observer, Livemint, MacDailyNews, MacTech.com, Cult of Mac, iPhone in Canada, iThinkDifferent, and The Apple Post
X: @classicii_mrmac, @mgsiegler, @markgurman, @luke_metro, @mysk_co, and @markgurman
Forums: r/apple and MacRumors Forums
| Chance Miller / 9to5Mac: |
On his last day as CEO, Tim Cook pens an emotional memo reflecting on his time at Apple and says he takes “enormous comfort” in handing the helm to John Ternus — Today is Tim Cook's last day as Apple CEO, with John Ternus set to take over tomorrow.
More: Above Avalon, TechCrunch, The Verge, Gizmodo, Washington Examiner, The National, Barron's Online, Moneycontrol, Bloomberg, Australian Financial Review, HuffPost, Inc.com, MacRumors, The Mac Observer, MobileSyrup, Investor's Business Daily, TechRadar, Mashable, Financial Post, Curb Cuts, ANI News, Quartz, The Apple Post, iThinkDifferent, AppleInsider, and Metro.co.uk
X: @tim_cook, @deryatr_, @lukemiani, @markgurman, @mtslive, @chshersh, @alfred_lin, @viticci, @trungtphan, @joshelman, @chancehmiller, @sahilbloom, @aravsrinivas, @classicii_mrmac, @joshelman, @ijustine, @jonfortt, @johnnie, @markgurman, @greg16676935420, and @sarahpereztc
Forums: r/apple, r/technology, Slashdot, and MacRumors Forums
| Chance Miller / 9to5Mac: |
Gurman: Apple is moving App Store to services unit run by Eddy Cue, who previously oversaw it until 2015; Cue is taking on a more influential role under Ternus — Phil Schiller is stepping down from his role leading the App Store and Apple events, according to a new Bloomberg report.| Mark Gurman / Bloomberg: |
More: 9to5Mac, Tech Brew, Moneycontrol, New York Post, Blockonomi, PYMNTS, AppleInsider, Macworld, MacTech.com, Washington Post, Quartz, Yahoo Finance, Telegraph, The Apple Post, The Irish Times, MacRumors, CNN, and Bloomberg
X: @smb_attorney and @saaaanjjjuuu
| Bloomberg: |
Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year — Nvidia Corp. is investing $3.5 billion into MediaTek Inc., deepening collaboration with the Taiwanese chipmaker at a time when it's working to persuade …
More: Nvidia Newsroom, TechCrunch, SiliconANGLE, GamesBeat, Counterpoint Research, Reuters, StorageReview.com, MarketWatch, Forbes, The Information, Livemint, TheEnergyMag, Data Center Knowledge, Quartz, Blockonomi, Wall Street Journal, Seeking Alpha, Blockchain.News, and IJR News
X: @benbajarin, @highyieldharry, @stocksavvyshay, @ryanshrout, @nvidia, @jukan05, @zerohedge, @nvidianewsroom, @edludlow, and @aleabitoreddit
LinkedIn: Ashish K., Neil Shah, Danielle Hager, and Raghavan Sampath
| Gian Volpicelli / Bloomberg: |
The EU designates ChatGPT as a very large online search engine, and Reddit and Roblox as very large online platforms after each hit 45M monthly users in the EU — ChatGPT, Reddit Inc. and video game company Roblox Corp. will face stricter European Union scrutiny after surpassing a threshold of 45 million monthly users in the bloc.
More: European Commission, Euronews, Gizmodo, Forbes Middle East, Wall Street Journal, Tokenstead, Politico, The Mac Observer, Neowin, Thurrott, UPI, ByteHaven, IJR News, Trending Topics, Mashable, CyberInsider, Silicon Republic, Digit, and The Paypers
X: @kimmonismus, @barryandrewsmep, @davidondrej1, @giffmana, @johnennis, @hesamation, @luizajarovsky, @eu_commission, @hennavirkkunen, @perrymetzger, @tekbog, @matthewchang, @carstenbreum, @digitaleu, @zck, @_can1357, and @deryatr_. Bluesky: @stevepeers
Forums: r/technology, r/europeanunion, r/technology, and r/reformuk
| Ashley Capoot / CNBC: |
OpenAI says its ad business has hit $1B in annualized revenue run rate and is expanding globally, as it touts its “diversified business model” ahead of an IPO — OpenAI on Monday announced that its advertising business has hit $1 billion in annualized revenue run rate …
More: OpenAI, Axios, Inc.com, PYMNTS, MarketWatch, Quartz, Blockonomi, Adweek, Neowin, Barron's Online, Reuters, Unite.AI, Business Insider, International Business Times, Trending Topics, The Decoder, and The Information
X: @therealadamg, @_simonsmith, @apples_jimmy, @hexxrl, @jtwald, @ashleycapoot, @realnickmugalli, and @scaling01
LinkedIn: Kat Andrews, David Dugan, Kaylin Bailey, Christin Klein, Emmanuel Marill, and Craig Bruney
Forums: r/singularity, r/ChatGPT, r/BetterOffline, r/business, r/OpenAI, and r/aiwars
| Joe Rossignol / MacRumors: |
MapQuest becomes the top free iPhone app on the App Store in Canada and fourth on the US App Store after refusing to change Lake Ontario to Lake America — MapQuest is in the spotlight this week after refusing to change “Lake Ontario” to “Lake America” on its map following an executive order issued …
More: TechCrunch, Forbes, Gizmodo, Global News, The Independent, Fast Company, Pocket-lint, Engadget, The Verge, The Detroit News, iPhone in Canada, Los Angeles Times, and Globe and Mail
X: @mapquest, @erictrump, @mapquest, @kaelan47, and @shortmagsmle
Forums: r/onguardforthee, r/GuardTheLeaf, r/degoogle, r/technology, r/apple, and MacRumors Forums
| Associated Press: |
More: Google, 9to5Mac, Axios, Mercury News, Vancouver Sun, Canadian Press, Futurism, KEYE, Moneycontrol, indy100, Lifehacker, The Mac Observer, Ars Technica, Reuters, 404 Media, Mashable, Rolling Stone, The Independent, and Wired
X: @newsfromgoogle, @robertgraham, @stevencheung47, @adamscochran, @harrisonfjobe, @zacksjerryrig, @hardmaru, @cameroncorduroy, @thechaosweeber, @tomjchicago, @orbitstudios, @scott_wiener, @thomashall17, @acoyne, @stcrawford2, @sayswhatnow, @nihad_mirzzad, @nathanjrobinson, @andy_bloch, @jakelandauto, @chriso_wiki, @atrupar, @jason_kint, and @brianlilley
LinkedIn: Kevin Bartus and Anna Dewar Gully
Bluesky: @bdowney, @gaytonausa, and @dadadrummer
Mastodon: @shayman@cosocial.ca and @Rycochet@furs.social
Forums: r/news, r/degoogle, r/politics, r/technology, r/google, r/canada, r/politics, r/geography, r/facepalm, r/technology, r/geography, r/TrueAnon, and r/politics
| Cheyanne M. Daniels / Politico: |
Trump says communities that reject data centers will end up “backwards and poor” and that “China could not be happier with this anti Data Center movement” — President Donald Trump on Monday again championed the spread of data centers despite growing bipartisan backlash ahead of the midterms in November.
More: Tom's Hardware, Axios, International Business Times, The Guardian, Business Insider, Talking Points Memo, New York Post, Quartz, TechRadar, Australian Financial Review, Daily Caller News Foundation, Al Jazeera, Gizmodo, MS NOW, Forbes Middle East, Mashable, Fox News, USA Today, CNBC, Washington Post, Financial Times, Mother Jones, Wall Street Journal, Forbes, Agence France-Presse, NewsMax.com, Newsweek, RedState, MeidasTouch, The Hill, ABC News, and Bloomberg
| Simon Goodley / The Guardian: |
Bank of England Governor warns that advanced AI could destabilize the highly interconnected global financial system via cyberattacks across jurisdictions — Andrew Bailey warns group about risk of advanced ‘frontier models’ destabilising the ‘highly interconnected’ financial system
More: CNBC, Financial Stability Board, Gizmodo, Techstrong.ai, BBC, The Decoder, Sky News, Nairametrics, PYMNTS, CNN, ZeroHedge News, and Quartz
Forums: r/singularity, r/Economics, and r/unitedkingdom
| Hannes Rudolph / OpenClaw Blog: |
OpenClaw releases OpenClaw 2.0, its largest update to date, with a simplified installation process, a rebuilt browser app, shared cloud sessions, and more — How a push for simpler setup and a first-class browser experience grew into OpenClaw 2.0. — Today we released by far the largest update in the history of OpenClaw.
More: The Register, CNET, PCWorld, SiliconANGLE, The Verge, and Help Net Security
X: @vincent_koc, @kisekiyacodes, @ilmeaalim, @theangrypit, @iamhenrymascot, @jetteyee, @bitcashio, @bprintco, @steipete, @daeneilsup, @hrudolph, @openclaw, and @hrudolph. Bluesky: @fry69.dev
Forums: Hacker News, r/openclaw, and r/openclaw
| Charlotte Yang / Bloomberg: |
Shein raised $1.7B in its Hong Kong IPO, giving it a $26B market cap, far below its ~$100B valuation in 2022, as growth slows amid tariffs and competition — Shein Global Holdings Ltd. completed its initial public offering at a valuation that's a fraction of what the company was once worth.
More: WWD, Reuters, France 24, The Straits Times, The Business Times, CNN, Bloomberg, and Nikkei Asia
| Kris Holt / Engadget: |
Sony launches Live TV on PS5 in the US, letting users stream 100+ free, ad-supported TV channels with content from Amazon MGM Studios, Crunchyroll, and more — Ad-supported streaming channels are hitting Sony's console in the US today. — PlayStation 5 owners in the US will be able to stream free … | Karissa Bell / Engadget: |
Instagram says it will reduce the reach of accounts featuring AI-generated personas if they don't use a new “AI-generated profile” label — The app isn't cracking down on other kinds of AI slop, though. — Instagram is changing its rules for profiles that feature AI-generated personas.| Fox News: |
The Trump administration launches Project Watershed 250, a six-month cybersecurity pilot to protect Texas water systems from cyberattacks — FIRST ON FOX: The Trump administration is launching “Project Watershed 250” Monday, Fox News Digital exclusively learned, deploying American artificial intelligence …
More: Nextgov/FCW, Axios, CyberScoop, Click2Houston.com, NewsMax.com, and Washington Examiner. LinkedIn: Robert M. Lee
| Bloomberg: |
Sources: Hyperliquid is in talks to enter the US market through Kraken parent Payward, weeks after Trump said he was working to bring the platform onshore — Hyperliquid Labs is in advanced talks to bring its perpetual futures to US traders through Kraken's parent company Payward …
More: CoinDesk, The Block, Decrypt, CoinGape, The Crypto Times, and Blockonomi
| Amanda L. Gordon / Bloomberg: |
Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket — Venture capital firm 1789 Capital is leading a new funding round for Polymarket that will give the prediction-markets platform a $21 billion post-money valuation.
More: Wall Street Journal
| Brian Schwartz / Wall Street Journal: |
Former NY GOP Rep. George Santos receives Kalshi's first lifetime ban after the CFTC alleged he made $17K by betting on his appearance at the State of the Union — Decision comes after federal regulator alleged Santos made more than $17,000 by placing bets on his attendance at the State of the Union address
More: Wired, Decrypt, Associated Press, TechCrunch, Salon, The Wrap, Daily Kos, Washington Post, Yahoo Finance, NBC News, MS NOW, The Guardian, Straight Arrow, The Daily Caller, The Hill, Reuters, ABC7, Boing Boing, New York Magazine, Washington Examiner, New York Post, Financial Times, Politico, UPI, New York Times, Business Insider, CoinDesk, The Independent, The Block, Bloomberg, One America News Network, NOTUS, The Crypto Times, The American Bazaar, CNBC, and JusttheNews.com
Forums: r/politics, r/Enough_Sanders_Spam, and Slashdot
| Kirsten Korosec / TechCrunch: |
The Pentagon launches ChatGPT Mil and Grok for Government on its GenAI.mil platform, giving its 3M personnel access to AI tools “tailored to warfighter needs” — The Pentagon has launched versions of OpenAI's ChatGPT and xAI's Grok, giving 3 million civilian and military personnel access … | Rocket Drew / The Information: |
Reframe, which uses AI and industrial robot arms to make modular homes in a factory, raised a $40M Series A extension round led by Energy Impact Partners — For all the talk of robots that look like humans, the next robots to move into people's houses could look more like ducks.
More: Reframe Systems, Ventureburn, and RuntimeWire
| Niko Gallogly / New York Times: |
Together AI, which serves open models, announces a deal to use compute from Humain in Saudi Arabia, where it can bypass US backlash over data centers — Together AI, which serves open-source artificial intelligence models, announced a deal to use compute from Humain in Saudi Arabia, where it can bypass U.S. backlash over data centers.
More: Fierce Network, Washington Examiner, Gizmodo, Techstrong IT, and RuntimeWire
X: @togethercompute, @graceisford, @vipulved, and @aniruddh_mohan
Bluesky: @garvanwalshe.org and @dteater
| Lucinda Shen / Axios: |
Sources: AI sales and marketing startup Clay is raising a round led by Wellington at a $7B pre-money valuation, up from $5B via an employee tender in January — Clay, an AI startup for sales and marketing teams, is raising new money led by Wellington at a $7 billion pre-money valuation, Axios has learned.| The Information: |
Sources: CXMT has begun producing HBM3E memory chips in small quantities and plans to expand production in 2027, a major advance for China's chip industry — China's leading memory-chip maker, ChangXin Memory Technologies, has begun producing advanced high-bandwidth memory in small quantities …
More: Reuters, Barron's Online, HotHardware, Network World, Notebookcheck, and Tech Times
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