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August 31, 2026, 2:40 PM
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Mark Gurman / Bloomberg:
Sources: Phil Schiller stepped down from his role leading the App Store and product events; he will remain at Apple to work on unspecified initiatives  —  Apple Inc.'s Phil Schiller, one of the most visible and influential executives across both the Steve Jobs and Tim Cook eras …
Gian Volpicelli / Bloomberg:
The EU designates ChatGPT as a very large online search engine, and Reddit and Roblox as very large online platforms after each hit 45M monthly users in the EU  —  ChatGPT, Reddit Inc. and video game company Roblox Corp. will face stricter European Union scrutiny after surpassing a threshold of 45 million monthly users in the bloc.
Bloomberg:
Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year  —  Nvidia Corp. is investing $3.5 billion into MediaTek Inc., deepening collaboration with the Taiwanese chipmaker at a time when it's working to persuade …
Ashley Capoot / CNBC:
OpenAI says its ad business has hit $1B in annualized revenue run rate and is expanding globally, as it touts its “diversified business model” ahead of an IPO  —  OpenAI on Monday announced that its advertising business has hit $1 billion in annualized revenue run rate …
Joe Rossignol / MacRumors:
MapQuest becomes the top free iPhone app on the App Store in Canada and fourth on the US App Store after refusing to change Lake Ontario to Lake America  —  MapQuest is in the spotlight this week after refusing to change “Lake Ontario” to “Lake America” on its map following an executive order issued …
Reuters:
Interior Secretary says President Trump “reached out to Apple directly” about changing Lake Ontario to Lake America and the company may soon alter its maps
Associated Press:
Google updates Maps to show Lake America for US users, Lake Ontario for Canadian users, and both for the rest of the world, citing the US GNIS' name change
Hannes Rudolph / OpenClaw Blog:
OpenClaw releases OpenClaw 2.0, its largest update to date, with a simplified installation process, a rebuilt browser app, shared cloud sessions, and more  —  How a push for simpler setup and a first-class browser experience grew into OpenClaw 2.0.  —  Today we released by far the largest update in the history of OpenClaw.
Charlotte Yang / Bloomberg:
Shein raised $1.7B in its Hong Kong IPO, giving it a $26B market cap, far below its ~$100B valuation in 2022, as growth slows amid tariffs and competition  —  Shein Global Holdings Ltd. completed its initial public offering at a valuation that's a fraction of what the company was once worth.
Simon Goodley / The Guardian:
Bank of England Governor warns that advanced AI could destabilize the highly interconnected global financial system via cyber disruption across jurisdictions  —  Andrew Bailey warns group about risk of advanced ‘frontier models’ destabilising the ‘highly interconnected’ financial system
Cheyanne M. Daniels / Politico:
Trump says communities that reject data centers will end up “backwards and poor” and that “China could not be happier with this anti Data Center movement”  —  President Donald Trump on Monday again championed the spread of data centers despite growing bipartisan backlash ahead of the midterms in November.
Niko Gallogly / New York Times:
Together AI, which serves open models, announces a deal to use compute from Humain in Saudi Arabia, where it can bypass US backlash over data centers  —  Together AI, which serves open-source artificial intelligence models, announced a deal to use compute from Humain in Saudi Arabia, where it can bypass U.S. backlash over data centers.
Brian Schwartz / Wall Street Journal:
Former NY GOP Rep. George Santos receives Kalshi's first lifetime ban after the CFTC alleged he made $17K by betting on his appearance at the State of the Union  —  Decision comes after federal regulator alleged Santos made more than $17,000 by placing bets on his attendance at the State of the Union address
Justin Papp / CNBC:
Sources: South Korea's dismissal of a US congressional report saying it discriminated against US-based Coupang is causing strains between the two countries  —  The South Korean government's dismissal of the findings of a congressional report alleging it's waged a targeted campaign …

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This is a Techmeme archive page. It shows how the site appeared at 2:40 PM ET, August 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

Benjamin Mullin / New York Times:
The US Treasury has denied credentials to specific reporters from The New York Times, WSJ, and Bloomberg for the G20 finance meeting in Asheville

Sam Levine / The Guardian:
DHS is using customs summonses, which need no judge's approval, to get journalists' records, even in cases where there is no connection to customs issues

Suhauna Hussain / Los Angeles Times:
California State Assembly passes a bill to create tax credits for local news organizations based on journalist headcount; the bill awaits Senate approval

More News

Andreessen Horowitz:
a16z says its fifth growth fund has closed additional capital, bringing its total to $8.5B
Ethan Mollick / One Useful Thing:
The Hugging Face and Mythos 5 incidents show AI agents can self-organize, raising questions about how much agency they should have and when to seek human input

Earlier Picks

Mark Gurman / Bloomberg:
John Ternus inherits rising component costs, staff retention issues, efforts to catch up in AI, and other challenges as he replaces Tim Cook on September 1
Mayank Parmar / BleepingComputer:
Anthropic signs out some Claude users, removes saved payment methods, and issues refunds after infostealer malware on user PCs hijacked sessions to drain usage
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