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Techmeme
February 20, 2026, 10:55 AM
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Top News

Rafe Rosner-Uddin / Financial Times:
Sources: Amazon's AI tools have caused at least two AWS outages, including a 13-hour disruption in December after Kiro AI deleted and recreated an environment  —  Tech giant blames ‘user error, not AI error’ for incident in December involving its Kiro tool  —  Amazon's cloud unit has suffered …
Alex Heath / Sources:
Scott Myers, the SVP of Snap's AR glasses unit Specs, leaves after six years; sources say Myers left after a “blow-up” with Evan Spiegel over Snap's strategy  —  My chat with CEO Dylan Field ahead of today's earnings call.  Also: Snap loses its head of Specs right before the big launch …
Robert Burnson / Bloomberg:
A US grand jury indicted two former Google engineers and one of their husbands for allegedly stealing trade secrets relating to the Tensor chip for Pixel phones  —  Two former Google engineers and one of their husbands were indicted for allegedly stealing trade secrets relating to the company's Tensor processor for Pixel phones.
Maxwell Zeff / Wired:
Perplexity's retreat from ads signals a strategic shift as it recognizes its product is not for a mass audience and expects growth to come from enterprise sales  —  The AI search startup once predicted advertising would be a massive business.  Now it's betting on a smaller, more valuable audience.
Financial Times:
Sources: Nvidia is close to finalizing an up to $30B investment into OpenAI, replacing 2025's long-term $100B commitment; the deal could be closed this weekend  —  Chipmaker swaps last year's complex framework with AI start-up in favour of equity cheque  —  Nvidia is close to finalising …
Chris Metinko / Axios:
Pepper, which provides a digital storefront for independent food distributors, raised a $50M Series C led by Lead Edge, bringing its total funding to $100M  —  Pepper, a business platform developer for independent food distributors, raised a $50 million Series C led by Lead Edge Capital, CEO Bowie Cheung tells Axios Pro exclusively.
Sarah Perez / TechCrunch:
Google rejected 1.75M policy-violating Android apps and blocked 80K+ developer accounts from Google Play in 2025, down from 2.36M apps and 158K accounts in 2024  —  Fewer bad actors are targeting Google Play with malicious apps, the company says, a shift that the tech giant credits …
The Information:
Sources: OpenAI has 200+ people working on AI devices, including a smart speaker priced between $200 and $300, possibly smart glasses and a smart lamp  —  OpenAI has more than 200 people working on a family of AI-powered devices that will include a smart speaker and possibly smart glasses and a smart lamp …
More: Reuters
Jay Peters / The Verge:
Meta says it is “explicitly separating” Quest VR from its Worlds platform, making Worlds “almost exclusively mobile” to better compete with Roblox and Fortnite  —  Horizon Worlds is now going to be a platform that's ‘almost exclusively mobile.’

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This is a Techmeme archive page. It shows how the site appeared at 10:55 AM ET, February 20, 2026.

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From Mediagazer

Sara Fischer / Axios:
The AP says it plans dozens of US staff cuts as part of a broader restructuring away from hyper-local print coverage and toward video and national topics

Wall Street Journal:
Sources: three Gulf sovereign-wealth funds have agreed to commit a total of ~$24B to back Paramount's $81B WBD deal; Saudi Arabia's PIF agreed to provide ~$10B

Natalie Korach / Status:
Sources: journalists attending WHCD plan to wear 1A-themed accessories, in a RCFP-coordinated campaign to express solidarity amid Trump's press restrictions

More News

Dan Gallagher / Wall Street Journal:
Uber's market cap fell to ~$150B, down ~25% in six months, as investors weigh robotaxi disruption and see the market as a two-horse race between Waymo and Tesla
Evan Halper / Washington Post:
Tech companies are increasingly building private power plants to fuel off-grid data centers, a move some warn has reliability challenges and hurts climate goals
Jonathan Lloyd / NBC Los Angeles:
Los Angeles County sues Roblox, alleging it engaged in deceptive business practices that exposed children to sexual content, exploitation, and online predators
Jason Schreier / Bloomberg:
Sony shuts down Bluepoint Games, the PlayStation subsidiary behind remakes of older games like Demon's Souls and Uncharted; ~70 employees will lose their jobs

Earlier Picks

Makena Kelly / Wired:
Docs: the US DHS has signed a five-year, $1B blanket purchase agreement with Palantir, letting agencies like CBP and ICE skip the competitive bidding process
Wall Street Journal:
CZ returned to the US for the first time since his 2024 prison release to attend a World Liberty Financial event at Mar-a-Lago with Brian Armstrong and others
Reece Rogers / Wired:
Block employees describe a deteriorating culture, as morale plunges amid rolling layoffs and Jack Dorsey pushes generative AI tools to maximize productivity
More: The Hans India.  X: @rtehrani.  Bluesky: @rjrjr.com, @prietschka, and @thiccreese
Forums: r/technology and r/technews
Max A. Cherney / Reuters:
Toronto-based chip startup Taalas, which hardwires AI models into custom silicon to achieve faster inference, raised $169M, bringing its total funding to $219M
The Information:
Sources: AMD agrees to backstop a $300M loan from Goldman Sachs for Crusoe to buy AMD's AI chips, the first known example of AMD chips used as debt collateral
Abner Li / 9to5Google:
Google rolls out Gemini 3.1 Pro, which it says is “a step forward in core reasoning”, for all users in the Gemini app; the .1 increment is a first for Google
Kalley Huang / New York Times:
West Virginia's AG sues Apple for allegedly violating consumer protection law by not implementing tools like PhotoDNA to detect CSAM stored and shared on iCloud
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