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September 1, 2025, 2:40 PM
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| Naga Avan-Nomayo / The Block: |
WLFI, Trump's World Liberty Financial token, begins trading at ~$0.30, implying a ~$7.5B market cap; ~24.67% of its 100B supply was in circulation at the open — - The native token of World Liberty Financial, a DeFi project backed by Donald Trump and his family, began spot trading on exchanges.
More: World Liberty Financial, Binance, Decrypt, DL News, BeInCrypto, Wall Street Journal, Unchained, crypto.news, Financial Times, NFTgators, Cointelegraph, Coinspeaker, The Crypto Basic, Bitcoin Insider, Bloomberg, CryptoSlate, The Coin Republic, Blockchain.News, Barron's Online, Reuters, The Daily Hodl, Cryptonews, CoinGape, The Crypto Times, Coinpedia Fintech News, CoinJournal, Crypto Briefing, and CoinDesk
| Bloomberg: |
Sources: OpenAI is scouting local partners to set up a 1GW+ data center in India, although the exact timeline is unclear; Sam Altman is set to visit this month — OpenAI is seeking to build a massive new data center in India that could mark a major step forward in Asia for its Stargate …
More: Livemint, Silicon Republic, Reuters, Inc42 Media, Business Standard, and The Decoder. X: @sankalp_sp
| Kelsey Warner / Semafor: |
Source: G42 is talking to AWS, Google, Meta, Microsoft, and xAI to become tenants at its UAE-US AI Campus, and aims to diversify chip suppliers beyond Nvidia — THE SCOOP — Abu Dhabi-backed G42 is still negotiating with major American technology firms — with no agreements yet … | Aisha S Gani / Bloomberg: |
Internal memo: Revolut begins a secondary share sale for employees at $1,381.06 per share, valuing Revolut at $75B, up from $45B in a 2024 secondary share sale — Revolut Ltd. has kicked off a process for some employees to sell their shares in the company at a $75 billion valuation.
More: Sifted, The Guardian, Finextra, and The Irish Times
| Coco Feng / South China Morning Post: |
China's AI content labeling law takes effect, aligned with increased AI scrutiny, as concerns grow over misinformation, copyright infringement, and online fraud — The law requires explicit and implicit labels for AI-generated text, images, audio, video and other virtual content
More: Global Times, CGTN, and The Decoder
| Fred Vogelstein / Crazy Stupid Tech: |
Q&A with Cloudflare CEO Matthew Prince on why he thinks AI chatbots are killing the web and journalism, how his pay-per-crawl initiative can fix it, and more — Sixteen years ago Matthew Prince and classmate Michelle Zatlyn at Harvard Business School decided there was a better …
| Drew Harwell / Washington Post: |
Analysis: porn sites ignoring the UK's age verification law have seen a burst of traffic from UK users, while sites complying saw declines from UK IP addresses — The age-verification laws rapidly expanding across the United States and United Kingdom are bringing with them some surprising downsides …
More: TechCrunch, The American Spectator, and PC Gamer
Bluesky: @jsrailton, @jsrailton, @notjessewalker, @drewharwell.com, and @mikestabile
Forums: r/ukpolitics, r/KeepOurNetFree, and r/technology
| Financial Times: |
AI shopping agents have prompted sellers and brands to rethink selling online, as advertisers employ new techniques to appear more prominently in AI results — OpenAI, Perplexity and Google create AI-powered features, leading brands to rethink how they sell products online| Colleen Flaherty / Inside Higher Ed: |
A survey of 1,047 US college students on GenAI: 55% use the tech for brainstorming ideas, 18% now question the value of college more than they used to, and more — Key findings from Inside Higher Ed's student survey on generative AI show that using the evolving technology hasn't diminished … | Allie Garfinkle / Fortune: |
An interview with CrowdStrike CEO George Kurtz on the company's M&A strategy as it acquires Madrid-based data observability startup Onum for about $290M — George Kurtz, cofounder and CEO of CrowdStrike — COURTESY OF CROWDSTRIKE — Cybersecurity is more than just software … | J. Edward Moreno / Sherwood News: |
Q&A with Lyft CEO David Risher on Lyft's three profitable quarters in a row, its co-founders leaving the board, acquiring Freenow, robotaxi economics, and more — Lyft wants to shed its “second-place, domestic-only, only a business-to-consumer company” reputation. — 13M| Aditya Kalra / Reuters: |
Source: Indian fantasy sports startup Mobile Premier League plans to lay off ~60% of its local workforce, after the Indian government banned online paid games — Indian online gaming app Mobile Premier League (MPL) will sack about 60% of its local workforce as part of a major downsizing … | Emily Mullin / Wired: |
A policy doc authored in July by seven Chinese government departments outlines plans to create a globally competitive brain-computer interface industry by 2030 — A new policy document outlines China's plan to create an internationally competitive BCI industry within five years … | Financial Times: |
A profile of Chinese AI chip designer Cambricon, whose share price has doubled since the start of August, supported by Beijing's push for tech self-sufficiency — The young chipmaker has software advantages over much larger rival Huawei as it aids Beijing's race for tech self-sufficiencySponsor Posts
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IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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Hard Fork:
The Ezra Klein Show: How Fast Will A.I. Agents Rip Through the Economy?
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Great Chat:
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AI takes over meetings, the SF vs London tech scene, and ethics in media
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The Upstarts Podcast:
Harvey's Winston Weinberg: From Law Associate To $11 Billion Legal AI Startup CEO
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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The Nick, Dick and Paul Show:
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Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
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Tools and Weapons with Brad Smith:
Everybody Goes Home: How technology is helping prevent wildfires from spreading
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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