Techmeme
August 31, 2026, 1:06 PM

Top News

Gian Volpicelli / Bloomberg:
The EU designates ChatGPT, Reddit, and Roblox as very large online platforms after each hit 45M monthly users in the bloc, opening them up to more DSA scrutiny  —  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.
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 …
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 …
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.
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 …
Associated Press:
More: Google, 9to5Mac, Ars Technica, Canadian Press, Mercury News, indy100, Reuters, The Mac Observer, CTV News, Montreal Gazette, Mirror, Digital Trends, KEYE, Moneycontrol, Lifehacker, Gizchina, Android Authority, Jezebel, iPhone in Canada, Business Insider, TechRadar, Associated Press, TRT World, Ukrainian National News, ANI News, Time, 404 Media, The Asia Business Daily, The Gateway Pundit, New York Times, CBS News, SFist, The Daily Hodl, Common Dreams, Off Message, FOX 26 Houston, Straight Arrow, Mediaite, MS NOW, Washington Examiner, The Daily Wire, NBC Bay Area, CNN, Daily Mail, NZ Herald, OloriSuperGal, Global News, 9to5Google, CHEK, Mashable, Fox Business, The Daily Beast, Gizmodo, Rolling Stone, Neowin, The Independent, Wired, Agence France-Presse, Wyoming Public Media, Axios, Public Notice, BNN Bloomberg, Toronto Sun, The Hill, HuffPost, Forbes, and Politico
Reuters:
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.
Simon Goodley / The Guardian:
Bank of England Governor warns that advanced AI could destabilize the highly interconnected global financial system via cyber disruption across jurisdictions  —  Andrew Bailey warns group about risk of advanced ‘frontier models’ destabilising the ‘highly interconnected’ financial system
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.
Mark Gurman / Bloomberg:
John Ternus inherits rising component costs, staff retention issues, efforts to catch up in AI, and other challenges as he replaces Tim Cook on September 1  —  Apple's changing of the guard will be gradual, with outgoing CEO Tim Cook handling Trump, China.  —  Stepping into his new role …
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
Justin Papp / CNBC:
Sources: South Korea's dismissal of a US congressional report saying it discriminated against US-based Coupang is causing strains between the two countries  —  The South Korean government's dismissal of the findings of a congressional report alleging it's waged a targeted campaign …

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More News

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Earlier Picks

Mayank Parmar / BleepingComputer: