Techmeme
September 8, 2025, 11:18 AM

Top News

Washington Post:
Current and ex-Meta employees submitted documents and affidavits to Congress alleging that Meta suppressed research on child safety risks in its VR platforms  —  The company's lawyers intervened to shape research that might have shed light on risks in virtual reality, four current and former staffers have told Congress.
Mackenzie Hawkins / Bloomberg:
Sources: the US is proposing annual approvals for exports of chipmaking supplies to Samsung and SK Hynix factories in China, as part of a “site license” idea  —  The US is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics Co. and SK Hynix Inc.'s factories …
SemiAnalysis:
A deep dive into Huawei's Ascend AI chip production, SMIC, TSMC, US export controls, HBM bottlenecks, China's HBM issues, Huawei's data center chips, and more  —  H20 Shipments, Blackwell B30A, Bottlenecks to Chinese Chip Production, Export Controls, CXMT, SMIC, Cambricon
Bloomberg:
SpaceX agrees to acquire EchoStar's AWS-4 and H-block spectrum licenses for up to $8.5B in cash and up to $8.5B in stock, resolving an FCC inquiry into EchoStar  —  SpaceX, the Elon Musk-backed company that owns the Starlink satellite internet network, agreed to acquire wireless spectrum …
Adam James / The Block:
Forward Industries raised $1.65B via a private investment in a public equity offering led by Galaxy, Jump, and Multicoin for a Solana asset treasury strategy  —  - Forward Industries, Inc. announced a $1.65 billion private investment in a PIPE offering led by Galaxy Digital, Jump Crypto …
Jessica Toonkel / Wall Street Journal:
OpenAI is providing its tools and computing resources for Critterz, a largely AI-made feature-length animated film that is set to hit theaters globally in 2026  —  OpenAI wants to prove that generative artificial intelligence can make movies faster and cheaper than Hollywood does today.
Rachel Metz / Bloomberg:
AI audio startup ElevenLabs launches a tender offer to let staff sell up to $100M in stock at a $6.6B valuation, up from a $3.3B valuation in January 2025  —  The tender offer for the voice-generating AI startup is being led by Sequoia Capital and Iconiq Growth.
Rebecca Ratcliffe / The Guardian:
ASPI: Myanmar's online scam centers on the Thai border have increased from 11 to 27 since the military coup in 2021, holding an estimated 100K trafficked people  —  Operated by crime syndicates and fostered by the country's military junta, the number of vast complexes such as KK Park on the Thai-Myanmar border has doubled since 2021
Crunchbase News:
Atlanta-based Rainforest, which embeds payment processing into platforms, raised a $29M Series B led by Matrix and Infinity, taking its total funding to $57.5M  —  Rainforest, a startup that embeds payment processing into other software platforms, has raised $29 million in a Series B funding round …

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M.G. Siegler / Spyglass:

Earlier Picks

New York Times: