| New York Times: |
Sources: Meta considers downsizing its AI division, with some executives expected to leave, and is exploring using third-party models for its AI products — Meta is expected to announce a new restructuring of its artificial intelligence division amid internal tensions over the technology, people with knowledge of the plans said.| Kanishka Singh / Reuters: |
US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encrypted data — Britain has dropped its demand for the iPhone maker Apple (AAPL.O) to provide a “backdoor” that would have enabled access … | Reuters: |
Sources: Nvidia is developing a new Blackwell-based AI chip for China, tentatively known as the B30A, that will be more powerful than its H20 model for China — Nvidia (NVDA.O) is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful … | Prakhar Srivastava / Reuters: |
Tether hires Bo Hines, who stepped down as White House Crypto Council Executive Director earlier in August, as an adviser to help it expand in the US — Cryptocurrency firm Tether has appointed former White House crypto policy executive Bo Hines as a strategic adviser to help steer its expansion … | Daniel Kuhn / The Block: |
Wyoming launches a stablecoin, FRNT, marking the first time a US state has issued a blockchain-based, fiat-pegged token to be used by retail and enterprises — Start trading crypto Get a crypto rewards card 1inch: Swap Sol ↔ EVM — After years of research, the Wyoming Stable Token Commission … | Sarah Perez / TechCrunch: |
Meta rolls out AI-powered voice translations for creators on Facebook and Instagram globally, supporting English-Spanish translations with lip syncing — Meta is rolling out an AI-powered voice translation feature to all users on Facebook and Instagram globally, the company announced on Tuesday.| Jonathan Stempel / Reuters: |
Google will pay $30M to settle a class action lawsuit alleging it violated kids' privacy on YouTube by collecting data without parental consent for targeted ads — Google (GOOGL.O) will pay $30 million to settle a lawsuit claiming it violated the privacy of children using YouTube by collecting … | Bloomberg: |
Sources: Apple is making all four iPhone 17 models in India ahead of debut, a first, as it expands to five factories to cut reliance on China for US-bound units — Apple Inc. is expanding iPhone production in India at five factories, including a pair of recently opened plants … | RT Watson / The Block: |
Robinhood, in partnership with Kalshi, launches a sports prediction market on Robinhood Derivatives, letting users trade on pro and college football games — Start trading crypto Get a crypto rewards card — Robinhood, the popular stock and crypto trading app, is launching a pro … | Sheryl Estrada / Fortune: |
An MIT report finds that 95% of GenAI pilots at companies have little to no financial impact, due to the “learning gap” for both the tools and the companies — Good morning. Companies are betting on AI—yet nearly all enterprise pilots are stuck at the starting line.| Kashish Tandon / Reuters: |
OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399, or ~$4.57, per month, its most affordable yet, to grow users in its second-largest market — ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month … | Krisztian Sandor / CoinDesk: |
Bullish says it has received all $1.15B in capital raised from its IPO in stablecoins, including USDC, USDG, and PYUSD, marking a first for US public markets — Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.| Bloomberg: |
DeepSeek releases V3.1, adding a longer context window, with few other details; Chinese media blames CEO Liang Wenfeng's perfectionism and bugs for R2's delay — DeepSeek announced what appeared to be an update to its older V3 artificial intelligence model on Tuesday, declaring an enhanced version ready for testing.| Kif Leswing / CNBC: |
SoftBank agrees to invest $2B in Intel, buying ~2% of Intel's outstanding shares for $23 per share, becoming Intel's fifth-biggest shareholder; INTC jumps 5%+ — Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.| Financial Times: |
| Robert McMillan / Wall Street Journal: |
Federal prosecutors charge an Oregon man with operating the Rapper Bot, one of the most powerful DDoS botnets ever seen, which knocked X offline earlier in 2025 — The Rapper Bot network knocked out Elon Musk's X social-media site earlier this year, cybersecurity researchers say| Jon Brodkin / Ars Technica: |
A US federal appeals court rejects T-Mobile's bid to overturn a $92M fine for illegally selling customer location data without consent, after a 2024 FCC ruling — A federal appeals court rejected T-Mobile's attempt to overturn $92 million in fines for selling customer location information to third-party firms.| Angel Au-Yeung / Wall Street Journal: |
Databricks is finalizing a Series K at a $100B valuation, up 61% from its December 2024 round; sources say it is co-led by Thrive and a16z plans to participate — The data analytics company, fueled by the AI boom, was valued at $62 billion less than a year ago| Samuel Stolton / Bloomberg: |
Google proposes Play Store changes in the EU, like making it easier for developers to direct users to websites and a new tiered fee structure, after EU scrutiny — Alphabet Inc.'s Google has pitched changes to its Play Store in a bid to ward off future European Union penalties following a warning from regulators.
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| Devindra Hardawar / Engadget: |