Techmeme
August 4, 2026, 2:50 AM

Top News

Maria Curi / Axios:
The White House says it has met its deadline to establish a voluntary framework for evaluating advanced AI models; it did not provide details of the framework  —  The White House said on Monday it met its deadline to establish a voluntary framework for evaluating advanced AI models …
The Information:
Samantha Subin / CNBC:
Palantir reports Q2 revenue up 93% YoY to $1.94B, vs. $1.8B est., US commercial revenue up 149%, and raises FY'26 revenue guidance; PLTR jumps 14%+ after hours  —  Palantir topped second-quarter earnings estimates on Monday and said commercial revenue more than doubled from a year ago.
Jonathan Vanian / CNBC:
Snap reports Q2 revenue up 19% YoY to $1.6B, vs. $1.54B est., DAUs up 5% to 493M, vs. 487M est., forecasts Q3 revenue above est.; SNAP jumps 10%+ after hours  —  Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts' estimates.
Jeran Wittenstein / Bloomberg:
Amazon becomes the fifth company to reach a $3T market cap, joining Nvidia, Alphabet, Microsoft, and Apple; its stock closed up 4.58% on Monday  —  Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone.
Zack Whittaker / TechCrunch:
Samsung says it's restricting app registrations and removing apps with SDKs that can turn smart TVs into residential proxy exit nodes, after a similar ban by LG  —  Several popular Samsung smart TV apps contain code that share the owner's internet connection with strangers …
The Texas Tribune:
Texas halts approval of data center grid connections until audits are performed; projects representing 474+ GW are in the queue, over 5x the grid's peak demand  —  On Monday, the governor ordered the Public Utility Commission of Texas and the Electric Reliability Council of Texas to audit …
The Verge:
Nikkei Asia:
Sources: HP, Asus, and Acer have started using small amounts of DRAM chips from CXMT in their laptops for non-US markets, amid an unprecedented memory shortage  —  TAIPEI — Leading PC makers HP, Asus and Acer have started to use small amounts of chips from China's ChangXin Memory Technologies amid …
More: Blockonomi
Nilay Patel / The Verge:
Q&A with Bluesky CEO Toni Schneider on the AT Protocol, ActivityPub, scaling moderation, Bluesky's reputation as a progressive social media network, and more  —  Today, I'm talking with Toni Schneider, who is the brand new CEO of the social platform Bluesky — he formally took over after a short stint as interim CEO.
Bloomberg:
Valar, which is making small modular nuclear reactors to power data centers, raised a $1B Series B led by Sequoia at a $6B post-money valuation  —  Sequoia Capital led a $1 billion funding round for Valar Atomics Inc. that the nuclear startup says will help it shift from demonstrating small reactors to producing them in volume.
Tim Bradshaw / Financial Times:
UK court filing: in July, Apple launched a new legal challenge against the UK government's attempt to create a “backdoor” to access encrypted customer data  —  iPhone maker files complaint over latest government demand to allow access to encrypted user data
Marcus Mendes / 9to5Mac:
Apple says it “briefly removed Telegram from the App Store” over CSAM on Monday, restoring it after Telegram “promptly removed the content and banned the user”  —  Update: 11:00 p.m. ET: In a statement to 9to5Mac, Apple said: … Apple's statement came about 20 minutes after access to the app was restored.
Luz Ding / Bloomberg:
Alibaba says its 2.4T-parameter Qwen3.8-Max tops Moonshot's Kimi K3 on some benchmarks and it plans to release Qwen3.8-Max's and Qwen3.8-27B's weights next week  —  Alibaba Group Holding Ltd. released its latest flagship AI model, with performance claims putting it alongside global leaders like Anthropic's Fable.

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Earlier Picks

James Hunt / The Block:
Kai Nicol-Schwarz / CNBC:
Axios:
Eduardo Baptista / Reuters:
Anthony Ha / TechCrunch:
Tim Bradshaw / Financial Times: