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July 31, 2026, 12:30 AM
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Apple:
Apple reports Q3 revenue up 16% YoY to $109.42B, vs. $108.65B est., net income up 27% to $29.79B, and China revenue up 22% to $18.82B, vs. $19.6B estimated  —  CUPERTINO, Calif.—(BUSINESS WIRE)—Apple® today announced financial results for its fiscal 2026 third quarter ended June 27, 2026.
Juli Clover / MacRumors:
Tim Cook says Apple expects “the impact from the supply constraints to increase significantly sequentially” and the market pricing for memory to keep rising
Reuters:
Apple Q3: iPhone up 22% YoY to $54.25B, vs. $53.86B est., Mac up 29% to $10.35B, iPad down 6% to $6.19B, and Wearables, Home, and Accessories up 6% to $7.88B
Sam Sabin / Axios:
Anthropic says three of its models, including an internal research model, gained unauthorized access to real-world systems during internal cybersecurity testing  —  Some of Anthropic's most powerful models — including Mythos 5 and an internal research model — gained unauthorized access …
Anthropic:
Anthropic says it discovered three of its models had breached three organizations after launching a review in response to the OpenAI-Hugging Face incident  —  In a review of our cybersecurity evaluation transcripts, we found three incidents in which a Claude model reached the internet …
Amazon:
Amazon reports Q2 revenue up 20% YoY to $200.6B, net income up 245% to $62.6B, operating income up 43% to $27.5B, and a $25B+ annual revenue run rate for chips  —  SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2026.
Deborah Sophia / Reuters:
Amazon reports Q2 AWS revenue up 37% YoY to $42.2B, above estimates of a 31.21% increase, and AWS operating income up 64% to $16.6B; AMZN jumps 8%+ after hours
Annie Palmer / CNBC:
Amazon reports Q2 ad revenue up 26% YoY to $19.81B, vs. $19.43B est., and subscription services revenue up 12% YoY to $13.73B
Wall Street Journal:
Sources: AI-focused hedge fund Situational Awareness sold the bulk of its stock portfolio to Ken Griffin's Citadel after suffering deep losses  —  The highflying hedge fund run by Leopold Aschenbrenner is in crisis mode after AI-related bets sank  —  Situational Awareness …
David Faber / CNBC:
Sources: Situational Awareness has sold all of its public stock holdings; the fund grew to as big as $45B at the start of July before big losses took hold
Financial Times:
Sources: ex-OpenAI researcher Leopold Aschenbrenner's Situational Awareness hedge fund has sought to raise capital after heavy losses during the recent AI rout
Ina Fried / Axios:
OpenAI says it is cutting the price of GPT-5.6 Luna by ~80% and the price of GPT-5.6 Terra by 20% after improving the efficiency of the systems that serve them  —  OpenAI said Thursday it is cutting prices for two GPT-5.6 models after improving the efficiency of the systems that serve them.
Will Knight / Wired:
Google DeepMind releases Gemini Robotics 2, which combines several different AI models into a single system to control a range of robots, including humanoids  —  The latest version of Google DeepMind's AI model includes a significant jump into “physical AGI.”  But plopping AI into the real world comes with risks.
Jonathan Vanian / CNBC:
Reddit reports Q2 revenue up 61% YoY to $805M, vs. $730M est., forecasts Q3 revenue above est., says search referrals were “choppy”; RDDT drops 10%+ after hours  —  Reddit reported second-quarter earnings on Thursday that beat on the top and the bottom lines, and the company issued guidance that sailed past expectations.
Thinking Machines Lab:
Thinking Machines releases Inkling-Small, an open-weight model with 276B total and 12B active parameters, saying it “achieves comparable performance” to Inkling  —  Try on Tinker Model card Hugging Face  —  Today, we are releasing Inkling-Small, an efficient open-weights model …
The Verge:
In a memo to employees, Xbox CEO Asha Sharma lays out priorities for the unit, including returning to player and revenue growth by the end of fiscal year 2027  —  Asha Sharma wants Xbox to return to growth. Asha Sharma wants Xbox to return to growth.
CNBC:
Coinbase reports Q2 revenue down 19% YoY to $1.2B, vs. $1.3B est., stablecoin revenue below est., and a wider-than-expected loss; COIN drops 5%+ after hours  —  Coinbase shares dropped in extended trading on Thursday after the crypto platform posted a wider-than-expected loss for the second quarter …
Andy Greenberg / Wired:
A leaked memo, issued by the water utilities information sharing group WaterISAC, links dozens of cyberattacks against Minnesota water utilities to Iran  —  A memo obtained by WIRED, issued by the water utilities information sharing group WaterISAC, links dozens of cyberattacks against Minnesota water utilities to Tehran.
Miranda Nazzaro / The Hill:
The Commerce Dept. signed letters of intent for $874M in CHIPS Act funding in exchange for minority stakes in GlobalFoundries, Kepler, and five other companies  —  The Department of Commerce quietly announced this week it will designate more than $870 million in federal incentives …
Lily Hay Newman / Wired:
Google pilots a faster twice-a-week schedule for Chrome security releases as AI tools drive a surge in bug discoveries; Chrome 149 and 150 fixed 1,072 bugs  —  The two Chrome updates in June patched more bugs than the 23 updates before them.  Now, Google is ramping up its patching schedule thanks …

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This is a Techmeme archive page. It shows how the site appeared at 12:30 AM ET, July 31, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Nellie Andreeva / Deadline:
Sources: Disney is selling its 50% stake in A+E Global Media to co-owner Hearst Communications in a deal believed to be all in cash and worth north of $1B

Gene Maddaus / Variety:
Swiss film producer Simon Afram sues Netflix for $105M, saying Netflix lost an unencrypted copy of a film starring Nicolas Cage that he spent $45M to produce

Minho Kim / New York Times:
Sarah B. Rogers, Trump's nominee to lead USAGM, says she would reinstate some agency employees; if confirmed, she would still serve in the State Department

More News

Wall Street Journal:
Sources: SoftBank gave $50M to Trump's library; Apple, Microsoft, and Amazon gave $25M, $10M, and $5M to his WH ballroom; Meta gave $10M to a pro-Trump group
Maria Curi / Axios:
At a hearing, a US judge says “I don't see additional evidence” from the Pentagon justifying its designation of Anthropic as a supply-chain risk
Jagmeet Singh / TechCrunch:
Okta agrees to acquire AI identity security startup Permiso; source: the acquisition is valued at just under $200M and is structured as an almost all-cash deal

Earlier Picks

Joseph Cox / 404 Media:
LinkedIn introduces a “seems like AI slop” button to allow users to report posts they think are AI-generated
Raphael Satter / Reuters:
Wiz says a now-patched flaw in Azure CosmosDB would have let a hacker remotely compromise any of its users; Microsoft has seen “no evidence of customer impact”
More: wiz.io, The Hacker News, Hackread, and SC Media
X: @quinnypig.  LinkedIn: Wiz.  Bluesky: @justingarrison.com.  Mastodon: @campuscodi@mastodon.social.  Forums: Hacker News
Madison Mills / Axios:
Scale AI hires former Google Cloud COO Francis deSouza as CEO, replacing interim CEO Jason Droege, who took over last year after Alexandr Wang left for Meta
Sri Muppidi / New York Times:
Simile, which offers “agentic twins” of real people to assess companies' products, brands, and services, raised $200M led by Greenoaks at a $2B valuation
Abhirup Roy / Reuters:
Amazon's Zoox receives the NHTSA's first US approval for paid deployment of its steering wheel-free robotaxi and can deploy up to 2,500 per year through 2028
Brody Ford / Bloomberg:
London-based Nscale agrees to acquire Anyscale, a source says for ~$1.65B; Anyscale, which helps AI workloads run more efficiently, had a $1B+ valuation in 2022
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