Techmeme
September 4, 2025, 12:10 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans an AI search tool, World Knowledge Answers, for a spring 2026 Siri revamp; Apple and Google have agreed to test a Google AI model for Siri  —  Apple Inc. is planning to launch its own artificial intelligence-powered web search tool next year, stepping up competition with OpenAI and Perplexity AI Inc.
Mia Sato / The Verge:
Meta launches Instagram for iPadOS, 15 years after its iOS debut; it is slightly different than the mobile app, most notably opening directly to a feed of Reels  —  The long-requested app will feature Reels prominently on the homepage. … After years of requests from users, Instagram will finally have a dedicated app for iPad.
Wall Street Journal:
Sources: xAI CFO Mike Liberatore left the startup around the end of July, after joining in April; xAI has seen several high-profile departures in recent weeks  —  Mike Liberatore departs after only a few months on the job  —  The chief financial officer of xAI has left the company …
Lydia Beyoud / Bloomberg:
Polymarket CEO says the company “has been given the green light to go live” in the US after the CFTC issued a no-action letter regarding event contracts  —  Polymarket, the crypto-based prediction market, has the regulatory approvals needed to launch in the US after a top regulator granted …
Sarah Perez / TechCrunch:
Roblox will expand age checks to all users of its communication tools by the end of 2025 using facial age estimation tech, ID verification, and parental consent  —  Amid lawsuits alleging child safety concerns, online gaming service Roblox announced on Wednesday that it's expanding …
Ashley Capoot / CNBC:
C3 AI reports Q1 revenue down 19% YoY to $70.3M, and names long-time tech exec Stephen Ehikian as CEO, replacing Thomas Siebel; its stock falls 10%+ after hours  —  Shares of the enterprise artificial intelligence company C3 AI fell 14% in extended trading on Wednesday after it announced fiscal …
Jordan Novet / CNBC:
Figma reports Q2 revenue up 41% YoY to $249.6M, vs. $248.8M est., $28.2M net income, and forecasts Q3 and FY 2025 revenue above est.; FIG drops 14%+ after hours  —  Figma shares plunged 13% in extended trading on Wednesday after the design software company reported results for the first time since its IPO in July.
CNBC:
More: The InformationX: @drbarnard and @bgurleyLinkedIn: MacKenzie SigalosBluesky: @edzitron.comForums: r/OpenAI
Michael Nuñez / VentureBeat:
Reuters:
American Bitcoin closed up 16.5% in its Nasdaq debut on Wednesday, valuing Eric Trump and Donald Trump Jr.'s stake in the bitcoin mining company at $1.5B  —  A bitcoin company tied to President Donald Trump's two oldest sons more than doubled in value in its stock market debut on Wednesday …
Aisha Malik / TechCrunch:
Google rolls out new Android and Pixel features: Material 3 Expressive design for Pixel 6 and newer models, on-wrist navigation for the Pixel Watch, and more  —  Google announced on Wednesday that it's bringing a slew of new features to the Android ecosystem and Pixel devices.
Hayden Field / The Verge:
Scale AI sues former employee Eugene Ling and his current employer, Mercor, one of Scale's key competitors, for allegedly stealing 100+ confidential documents  —  The news comes about a week after xAI's similar lawsuit. … It's been a tumultuous summer for Scale AI …
Adam Leventhal / The Athletic:
Anti-piracy organization ACE says a joint operation with Egyptian law enforcement shut down Streameast, the world's largest illegal sports streaming platform  —  Streameast — the world's largest illegal sports streaming platform — has been shut down after a year long investigation …
Bloomberg:
Anthropic named the Qatar Investment Authority as a “significant” investor in its $13B round; QIA expects to do up to 25 tech deals through 2026  —  When Anthropic went looking for more money to support its pursuit of building artificial intelligence models, the startup turned to a familiar network of venture capitalists.
The Information:
Sources: Lambda, a cloud provider that rents out Nvidia chips, has hired banks to prepare for a US IPO as soon as H1 2026; it was valued at $2.5B in February  —  Lambda, a cloud provider that rents out Nvidia graphics chips for artificial intelligence, has hired investment banks to prepare …
Rami Ayyub / Reuters:
The FTC and Utah say Pornhub operator Aylo has agreed to pay a $5M fine to Utah to settle charges that it did little to block CSAM and non-consensual material  —  The operators of Pornhub.com and other pornographic websites have agreed to settle charges by the Federal Trade Commission …

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