Techmeme
February 4, 2026, 12:50 AM

Top News

Wall Street Journal:
Software and data stocks plunge over fears that new developments in AI will supplant software; ADBE closed down 7.31%, CRM 6.85%, and Thomson Reuters 15.83%  —  From Legalzoom.com and Expedia to Ares and Apollo, shares of companies that sell or invest in software fell sharply on Tuesday
Ian King / Bloomberg:
AMD reports Q4 revenue up 34% YoY to $10.3B, Data Center revenue up 39% to $5.4B, forecasts Q1 revenue below the highest projections; AMD drops 8%+ after hours  —  Advanced Micro Devices Inc. shares tumbled in late trading after the chipmaker's sales forecast underwhelmed investors …
Sarah Perez / TechCrunch:
Apple brings agentic coding to Xcode 26.3, allowing developers to use Anthropic's Claude Agent and OpenAI's Codex, and integrates support for MCP  —  Apple is bringing agentic coding to Xcode.  On Tuesday, the company announced the release of Xcode 26.3, which will allow developers to use agentic tools …
Liv McMahon / BBC:
Paris prosecutors raid X's French offices and summon Elon Musk and Linda Yaccarino to appear at April hearings, in a probe into sexual deepfakes and more  —  The French offices of Elon Musk's X have been raided by the Paris prosecutor's cyber-crime unit, as part of an investigation …
More: Reuters, Europol, Associated Press, The Guardian, The Register, Moneycontrol, NBC News, Bloomberg, Engadget, Washington Post, Sky News, Mashable, Cyber Daily, Business Insider, Fox Business, Euronews, Decrypt, Courthouse News Service, BeInCrypto, Social Media Today, CNET, One America News Network, Ars Technica, Tech Brew, MS NOW, WinBuzzer, Futurism, Biometric Update, Cautious Optimism, The Hill, Security Boulevard, The European Conservative, Gizmodo, The Record, New York Times, Variety, Wall Street Journal, Deadline, Bloomberg, Politico, and CNN
Financial Times:
The UK ICO launches a new investigation into X and xAI over “serious concerns” about Grok's data use and “its potential to produce harmful sexualized” content  —  Tech billionaire and platform's former chief Linda Yaccarino summoned for ‘voluntary interviews’ in April
Paige Smith / Bloomberg:
PayPal names HP CEO Enrique Lores as CEO, replacing Alex Chriss on March 1, and reports Q4 revenue up 4% YoY to $8.68B, below estimates; PYPL closes down 20.3%  —  PayPal Holdings Inc. said HP Inc. Chief Executive Officer Enrique Lores will take the top job from Alex Chriss …
Bloomberg:
Sources: Nvidia is nearing a deal to invest $20B in OpenAI as part of OpenAI's $100B funding round  —  Nvidia Corp. is nearing a deal to invest $20 billion in OpenAI as part of its latest funding round, according to people familiar with the matter, marking the chipmaker's single biggest investment in the ChatGPT developer.
Max Knoblauch / Sherwood News:
Take-Two reports Q3 net bookings up 28% YoY to $1.76B, vs. $1.58B, net revenue up 25% to $1.7B, and raises its annual bookings forecast; TTWO up 5%+ after hours  —  “Grand Theft Auto” and “NBA 2K” maker Take-TwoTTWO $223.50 (-4.23%) reported results for its fiscal third quarter on Tuesday.
Jay Peters / The Verge:
Adobe reversed its plans to discontinue Animate after creators expressed frustration, stating it won't get new features but will remain available “indefinitely”  —  It won't get new features, but it will still be available. … Adobe is no longer planning to discontinue Adobe Animate on March 1st.
Bloomberg:
Source: Anthropic plans an employee tender offer at a valuation of at least $350B, the same valuation discussed in the company's ongoing $20B fundraising  —  Anthropic is working on a deal to let some employees sell shares in the company at a valuation of at least $350 billion …
Michelle Chan / Financial Times:
Sources: banks are marketing at least $56B in investment-grade data center construction loans tied to Oracle's leases, as they seek out new buyers for the loans  —  Rare investment-grade rating helps attract insurers and private credit funds to construction debt
Bloomberg:
US v. Google: the DOJ and a group of states will appeal the September 2025 ruling in the Search antitrust case in which Google dodged a forced sale of Chrome  —  A group of states led by Colorado will appeal a federal judge's ruling that imposed only modest limits on Alphabet Inc.'s Google contracts related …
Nikkei Asia:
Sources: Tokyo-based chipmaker Renesas agrees to sell its clocks and timing device business to Nasdaq-listed chip design company SiTime for ~$3B  —  Chipmaker divesting non-core businesses after seeing a loss in 1st 9 months of 2025  —  Renesas' clocks and timing business was formerly part …
Mary Ann Azevedo / Crunchbase News:
Global fintech VC funding rose 27% YoY in 2025 to $51.8B; Y Combinator was the most active investor in the space, participating in 151 deals, up 24.8% YoY  —  Global venture funding to fintech startups increased by 27% in 2025 to its highest level in several quarters, boosted by later-stage deals, Crunchbase data shows.
Anna Tong / Forbes:
Sources: US-based Arcee AI is pitching investors on a $200M+ funding round valuing it at over $1B, as it plans to train an open-weight model with 1T+ parameters  —  The American startup is pitching investors on a $1 billion+ valuation to train a model over a trillion parameters …
Alicia Tang / Bloomberg:
OpenAI names Dylan Scandinaro, who worked on AGI safety at Anthropic, as the company's head of preparedness  —  In December, OpenAI made headlines when it posted a job listing for a “head of preparedness” with an eye-watering base pay range of as much as $555,000 a year.
Bloomberg:
Sources: Alphabet plans a new complex in Bengaluru, India, which can accommodate up to 20K extra staff, amid US visa restrictions and proposed H-1B fee hikes  —  Alphabet Inc. is plotting to dramatically expand its presence in India, with the possibility of taking millions of square feet …

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Earlier Picks

Lydia Beyoud / Bloomberg:
Ben Weiss / Fortune:
Variety:
Eric Berger / Ars Technica: