| Emmett Lindner / New York Times: |
Trump appears to suggest Xi Jinping approved a deal to divest TikTok's US operations during a call, but neither side elaborated on what the approval entailed — The president wrote on Truth Social, “appreciate the TikTok approval,” after a call with China's top leader, Xi Jinping.| Rani Molla / Sherwood News: |
Similarweb: TikTok had 183M US MAUs on iOS and Android in August 2025, up 16% YoY, vs. Instagram's 169M, Facebook's 157M, Pinterest's 100M, and Snapchat's 70M — Oracle's potential TikTok takeover is a big deal to US competitors like Meta and Snap. — 1H| Reuters: |
The Trump administration says it would require companies to pay an annual $100,000 fee for H-1B visas, a move that could significantly impact the tech industry — - Visas are used principally by tech sector — Over 70% of beneficiaries of H-1B visas enter US from India| xAI: |
xAI launches Grok 4 Fast, a multimodal model with a 2M context window and a unified architecture that combines reasoning and non-reasoning modes — Pushing the Frontier of Cost-Efficient Intelligence — We're thrilled to present Grok 4 Fast, our latest advancement in cost-efficient reasoning models.| Isabelle Bousquette / Wall Street Journal: |
Microsoft says it will bring a $3.3B data center in Wisconsin online in early 2026 and calls it “the world's most powerful AI datacenter” — The $3.3 billion project in Wisconsin is expected to come online in early 2026, said Microsoft Vice Chair and President Brad Smith.| Jez Corden / Windows Central: |
Microsoft plans to raise Xbox Series X price by $50 to $649.99 and Series S by $20 to $399.99 starting Oct. 3, citing “changes in the macroeconomic environment” — The cost of gaming in America just went up — here's why. — The tariff situation in the United States … | Bailey Lipschultz / Bloomberg: |
BitGo's S-1 shows it had net income of $12.6M on revenue of $4.19B in H1 2025, compared with net income of $30.9M on revenue of $1.12B a year earlier — BitGo Holdings Inc. has filed for an initial public offering in the US, adding to an active market for digital assets.| Kif Leswing / CNBC: |
Sources: xAI has raised $10B at a post-money valuation of $200B, weeks after reportedly raising $10B in debt and equity at a ~$150B valuation — Elon Musk's xAI is raising $10 billion from investors in a round that values the artificial intelligence startup at $200 billion, sources told CNBC's David Faber.| The Information: |
Sources: OpenAI is recruiting from Apple's hardware, design, manufacturing, and supply chain teams, as it targets late 2026 or early 2027 for its first devices — As OpenAI's plans to make devices infused with its artificial intelligence get closer to reality, the company is increasingly plucking talent … | Stephen Wilmot / Wall Street Journal: |
Jaguar Land Rover extends its production shutdown after a cyberattack discovered in late August, and says efforts to reboot production safely “will take time” — British automaker Jaguar Land Rover hasn't been able to make cars this month after major breach| Jess Weatherbed / The Verge: |
Meta CTO says the technical issues during live demos of its new smart glasses were due to a self-inflicted DDoS and a bug that put Zuckerberg's glasses to sleep — Meta ran into some spectacularly embarrassing technical issues during the live demos of its new smart glasses this week, and now we know why.| Annie Palmer / CNBC: |
Pattern, which helps brands optimize their sales on online marketplaces, closes up 11.6% at $15.63 per share in its Nasdaq debut, after raising $300M in its IPO — Pattern Group, one of the leading resellers on Amazon, took the plunge into the public markets Friday and saw its stock rise slightly in its Nasdaq debut.| Bloomberg: |
Sources: Oracle is in discussions with Meta to provide Meta computing power for training and deploying AI models, in a deal worth about $20B — Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company … | Olivia Tam / Bloomberg: |
China's market regulator opens a probe into Chengdu Kuaigou, a Kuaishou unit involved in livestream shopping, for suspected violations of e-commerce rules — China's market regulator is beginning a probe into a unit of Kuaishou Technology for how live-streaming services are used to promote e-commerce …
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| Sri Muppidi / The Information: |
| Tim Bradshaw / Financial Times: |
| Jordan Novet / CNBC: |
| Yaël Bizouati-Kennedy / Sherwood News: |
| Reece Rogers / Wired: |