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September 1, 2026, 7:15 AM
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Top News

Annie Palmer / CNBC:
The US FTC and 22 state AGs sue Amazon, alleging it overcharged advertisers by $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” …
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 …
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.
Chance Miller / 9to5Mac:
Filing: Apple claims a former iPhone engineer used a confidential Apple circuit schematic in his work at OpenAI, says evidence is being destroyed, and more  —  Apple has filed a new document in its ongoing lawsuit against OpenAI as it continues to push for expedited discovery.
Sarah Perez / TechCrunch:
Microsoft says it is testing a fix to an outage affecting Exchange Online and Outlook, lasting for 17+ hours from around 11:30AM ET on Monday  —  Snow day?  Microsoft on Monday confirmed a widespread, multi-hour outage affecting Outlook users, leading to email delays and failures, authentication issues, and other problems.
Anissa Gardizy / Wall Street Journal:
Sources: Anthropic has signed a $35B cloud deal with Nvidia-backed Lambda; Nvidia will hold the lease on and supply chips to a Texas data center built by Hut 8  —  Nvidia will supply chips to Texas data center and hold the lease, another example of the company using its financial might to boost a customer
Amanda L. Gordon / Bloomberg:
Sources: Polymarket is set to 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.
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.
Samantha Kelly / Bloomberg:
Dyson unveils the $499 CameraJet, an AI-powered toothbrush with a 100K-pixel macro lens that scans at 28 images per second and is trained on nearly 470K images  —  Dyson Ltd. introduced a $499 toothbrush that uses artificial intelligence and a built-in camera to give real-time feedback …
Abner Li / 9to5Google:
Google raises the price of its Google TV Streamer by $50 to $150 in the US, as well as for “select” Nest cameras and doorbells, citing “rising component costs”  —  Google has quietly raised the price of the Google TV Streamer to $149.99.
Anthropic:
Anthropic details security efforts following Claude cyber evaluation incidents, including a weeks-long pause on higher-risk RL and work to curb reward hacking  —  On July 30, we reported three incidents in which Claude models gained unauthorized access to real computer systems.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:15 AM ET, September 1, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Gene Maddaus / Variety:
In a Truth Social post, Trump endorses a US tax incentive for film and TV production; the MPA has worked with Jon Voight to push for a 20% credit on labor costs

Daniel Thomas / Financial Times:
Sources: WPP plans to cut up to 1,000 more jobs in H2 2026, after cutting ~11,000 jobs since the start of 2025, as AI reshapes the ad industry

Sam Blum / Inc:
A profile of The Onion, which is set to become an eight-figure business this year, driven by its ~85K paying subscribers, and how it plans to reimagine Infowars

More News

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
Andreessen Horowitz:
a16z says its fifth growth fund has closed additional capital, bringing its total to $8.5B

Earlier Picks

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
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
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
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
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
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
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