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August 5, 2026, 3:10 AM
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Top News

Bloomberg:
SpaceX reports Q2 revenue up 92% YoY to $7.8B, vs. $6.81B est., AI operating loss of $1.26B, vs. $2.39B est., says capex in Q3 and Q4 will remain similar to Q2  —  SpaceX stock fell after the company disclosed higher-than-expected spending on its artificial intelligence business …
Micah Maidenberg / Wall Street Journal:
SpaceX says Q2 capex rose to $18.4B from $2.8B a year earlier, including $15.8B for its AI segment and $1.4B for connectivity; SPCX drops 7%+ after hours  —  SpaceX laid out $18.4 billion in capital investments during the April-to-June quarter, with most of the spending supporting artificial-intelligence efforts.
Reuters:
SpaceX President Gwynne Shotwell says the company aims to build out ground-based infrastructure to complement its satellite network for “a true mobile service”
Maria Curi / Axios:
Sources: the White House doesn't plan to publicly release its voluntary AI framework; details will be available to the companies that are part of the process  —  The White House does not plan to publicly release its new framework for evaluating advanced AI models, three sources familiar with the discussions told Axios.
Maria Curi / Axios:
Sources: the US' AI framework excludes open models and defines a covered frontier model as closed source with SOTA capabilities and national security risks  —  The White House is excluding open models from its framework to test advanced AI capabilities, sources familiar with the matter told Axios.
Sam Sabin / Axios:
The UK AISI says it observed a total of 19 instances where Mythos and GPT-5.6 Sol tried to hack people and companies during a routine cyber evaluation in July  —  The U.K. AI Security Institute said it observed nearly 20 instances of Anthropic and OpenAI's most advanced models trying …
Jeff John Roberts / Fortune:
Cloudflare announces Cloudflare Wallets for users to pay for APIs and content via stablecoins, with the ability to create virtual wallets for agentic shopping  —  The field of agentic commerce—a term that describes the use of bots for online buying and selling—is evolving fast.
Olivia Carville / Bloomberg:
An internal TikTok doc shows it withheld a safeguarded algorithm from 10% of US users, including a 16-year-old who was fed self-harm content and died by suicide  —  A confidential document says an algorithm adjustment was kept from many users “by design,” as part of an experiment to measure engagement.
Ian King / Bloomberg:
AMD reports Q2 revenue up 50% YoY to $11.5B, vs. $11.3B est., Data Center revenue up 107%, forecasts Q3 revenue below some estimates; AMD drops 7%+ after hours  —  Advanced Micro Devices Inc. tumbled in late trading after giving an underwhelming sales outlook, a sign shareholders expected …
Jay Peters / The Verge:
EA says its $55B acquisition by PIF, Silver Lake, and Affinity Partners has closed, taking the company private; the deal includes $20B in debt financing  —  The massive deal has closed. The massive deal has closed. … Electronic Arts has officially become a private company.
Anton Shilov / Tom's Hardware:
Sandisk and SK Hynix announce the High Bandwidth Flash (HBF) open specification that enables up to 512GB memory modules with 0.4 TB/s to 3.0 TB/s bandwidth  —  The specification is here, but what about the interest? … The specification was released through the Open Compute Project (OCP) …
Alexandra Alper / Reuters:
Sources: the FCC is drafting a restriction on US imports of new models of Chinese data center optical transceivers, set to take effect upon publication in 2026
Bill Toulas / BleepingComputer:
Researchers: ChainDrop, a Shai-Hulud-based worm, has compromised 1,300+ npm packages, like Keyv, Cacheable, and flat-cache, with a combined 2B monthly downloads  —  Self-propagating malware named ‘ChainDrop’ has compromised more than 1,300 packages with a combined 2 billion monthly downloads on the Node Package Manager (npm) registry.
Jimmy Jenkins / Bloomberg:
The DOJ secures a $3.2M settlement from OpenAI to resolve allegations it discriminated against US workers by preferring workers with temporary employment visas  —  A unit of OpenAI has reached a settlement with the US Justice Department to resolve allegations that the California-based …
IDrive:
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Wall Street Journal:
A profile of livestream shopping app Whatnot, which added 20M accounts in 2025, facilitated the sale of ~$8B in goods, and is set for $1B+ in revenue in 2026  —  Whatnot's fast-moving auctions and feverish ‘breaks’ hook users hoping to buy prized sports cards—plus fashion, tools, food and nearly anything else

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Zoho:
Control before consequence: Governing enterprise email with Zoho Mail rules  —  At 9:17 AM, the CFO receives an email.It looks legitimate.It references an ongoing vendor payment.It uses the correct company logo …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

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Newest

Mia Sato / The Verge:
How Reddit moderators are battling AI-powered astroturfing ad campaigns that exploit the platform's trusted reputation to promote skincare and other productsFind
35 minutes ago
Reuters:
Innolight falls after a report said the US plans to restrict imports of new Chinese data center optical transceivers; 62% of its Q1 revenue came from the USFind
85 minutes ago
Wall Street Journal:
A profile of livestream shopping app Whatnot, which added 20M accounts in 2025, facilitated the sale of ~$8B in goods, and is set for $1B+ in revenue in 2026Find
1½ hours ago
Reuters:
Sources: Samsung and SK Hynix are evaluating chipmaking equipment from China's AMEC for possible use at their Chinese factories, as they hedge against US curbsFind
2½ hours ago
Jeff John Roberts / Fortune:
Cloudflare announces Cloudflare Wallets for users to pay for APIs and content via stablecoins, with the ability to create virtual wallets for agentic shoppingFind
4 hours ago
Bloomberg:
The AI frenzy has divided the VC market, as the gap between top and bottom performers has more than doubled for 2024 funds compared to funds from 2017 to 2021Find
5 hours ago
Todd Bishop / GeekWire:
SpaceX reports Q2 revenue from connectivity, which includes Starlink, up 66% YoY to $4.29B vs. $3.83B est., Starlink subscribers up 100% to 12M vs. 12.19M est.Find
5½ hours ago
Full Time-Sorted List

From Mediagazer

Ted Johnson / Deadline:
A federal judge sets the antitrust trial over Paramount's acquisition of WBD for March 2-19, 2027; Paramount had sought a November start

Nellie Andreeva / Deadline:
Hearst announces an agreement to acquire Disney's 50% interest in A+E Global Media for around $1.2B in cash and expects to close the deal in September

Sara Fischer / Axios:
Axel Springer names Business Insider's interim CEO Christian Baesler as the outlet's permanent CEO; he plans to keep focusing on direct sales and subscriptions

More News

Emma Roth / The Verge:
Pavel Durov says an extortionist planted “illegal porn in a public chat” to get the app pulled from the App Store and manipulated Apple into “overreacting”
Mistral AI Blog:
Mistral releases Shieldstral, a 3B multimodal safety classifier that it says matches models up to 7x its size on text safety, available under Apache 2.0
Jessica Soares / NVIDIA:
Nvidia makes Alpamayo 2 Super, its frontier open reasoning model for robotaxis and AVs, available for commercial use under the OpenMDW-1.1 license

Earlier Picks

Jody Godoy / Reuters:
New Jersey files an antitrust lawsuit against Amazon, alleging it abuses its dominance to impose low pay and poor conditions on independent delivery drivers
Lily Mae Lazarus / Fortune:
HappyRobot, which uses AI to automate freight operator communications, raised a $150M Series C at a $1.2B valuation, after a $44M Series B in September 2025
Bloomberg:
Sources: Anthropic agreed to a six-year, $10B deal for computing capacity in Norway from Nvidia-backed AI cloud startup Volta Infra and bitcoin miner Bitdeer
Reuters:
Bending Spoons agrees to acquire Airtable in an all-cash deal valuing the US software company at $1.285B, set to close by 2026's end, its first post-IPO deal
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