Texas, which didn't join a multi-state case against Meta, negotiated a $1.05B side deal that could reach $1.335B if TikTok and YouTube adopt teen safety changes (Ryan Autullo/Bloomberg Law)
https://news.bloomberglaw.com/litigation/texas-billion-dollar-side-deal-ranks-high-in-meta-settlement
https://news.bloomberglaw.com/litigation/texas-billion-dollar-side-deal-ranks-high-in-meta-settlement
Bloomberglaw
Texas’ Billion-Dollar Side Deal Ranks High in Meta Settlement
Texas worked up a $1.05 billion side deal with Meta that maxes out at $1.335 billion if Alphabet‘s YouTube and TikTok agree to the same terms and safety changes the Facebook and Instagram parent accepted in the multistate settlement Wednesday.
Xiaomi and CXMT say the Xiaomi 18 Fold smartphone will debut CXMT's LPDDR6 DRAM chips, alongside Xiaomi's in-house 3nm Xring O3 SoC, launching in September (Summer Zhen/Reuters)
https://www.reuters.com/world/asia-pacific/chinas-cxmt-supply-memory-chip-xiaomis-upcoming-folding-phone-2026-08-29/
https://www.reuters.com/world/asia-pacific/chinas-cxmt-supply-memory-chip-xiaomis-upcoming-folding-phone-2026-08-29/
SK Hynix breaks ground for its $4B advanced memory chip packaging facility in Indiana, with mass production of next-generation HBM scheduled to begin in H2 2029 (Bloomberg)
https://www.bloomberg.com/news/articles/2026-08-27/sk-hynix-starts-construction-of-4-billion-memory-hub-in-indiana
https://www.bloomberg.com/news/articles/2026-08-27/sk-hynix-starts-construction-of-4-billion-memory-hub-in-indiana
Bloomberg.com
SK Hynix Starts Construction of $4 Billion Memory Hub in Indiana
SK Hynix Inc. held a groundbreaking ceremony Thursday for its advanced memory packaging facility in Indiana, marking a milestone in Washington’s expansive campaign to rebuild domestic supply chains and manufacturing for strategically important sectors.
Minneapolis-based Yardstik, a provider of workforce monitoring tech, raised a $30M Series B led by Harbert Growth Partners, taking its total funding to $65M (Mike Wheatley/SiliconANGLE)
https://siliconangle.com/2026/08/27/workplace-fraud-monitoring-startup-yardstik-raises-30m-to-help-employers-keep-tabs-on-their-staff/
https://siliconangle.com/2026/08/27/workplace-fraud-monitoring-startup-yardstik-raises-30m-to-help-employers-keep-tabs-on-their-staff/
SiliconANGLE
Workplace fraud monitoring startup Yardstik raises $30M to help employers keep tabs on their staff
Workplace fraud monitoring startup Yardstik raises $30M to help employers keep tabs on their staff - SiliconANGLE
An analysis of the 50 largest bitcoin treasury companies by BTC holdings finds their combined market cap has plunged from $150B in July 2025 to just $67B now (Financial Times)
https://www.ft.com/content/79884de5-774a-4633-ba92-be4184eb22c1?accessToken=zwAAAaDZiws6kc95iE3ld0pGM9O6kr5BhOsiwQE.MEUCIFRzoETlKNqdOiWX3G3C_DyNyg8pGvfytOxGSGBsLFFjAiEA2eP0_DgRZ7FdJw8O_7LMPoSHDiRMkOUsQfTMnTFVAfk&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902
https://www.ft.com/content/79884de5-774a-4633-ba92-be4184eb22c1?accessToken=zwAAAaDZiws6kc95iE3ld0pGM9O6kr5BhOsiwQE.MEUCIFRzoETlKNqdOiWX3G3C_DyNyg8pGvfytOxGSGBsLFFjAiEA2eP0_DgRZ7FdJw8O_7LMPoSHDiRMkOUsQfTMnTFVAfk&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902
Trade unions threaten to withhold support for politicians opposing data center projects, warning that blocking the projects endangers building-related jobs (Wall Street Journal)
https://www.wsj.com/economy/jobs/blue-collar-jobs-are-the-new-flashpoint-in-data-center-fight-aaca5b7e?st=XmC6L9&reflink=article_copyURL_share
https://www.wsj.com/economy/jobs/blue-collar-jobs-are-the-new-flashpoint-in-data-center-fight-aaca5b7e?st=XmC6L9&reflink=article_copyURL_share
The Wall Street Journal
Blue-Collar Jobs Are the New Flashpoint in Data-Center Fight
Trade unions threaten to withhold support for politicians, joining the popular backlash against the construction.
New AI-powered video tools have accelerated the surge in AI dramas in China; DataEye: 89 of the top 100 animated dramas on Douyin in May were AI productions (Financial Times)
https://www.ft.com/content/7117ff02-d495-4936-8f05-fa73a7a5c669?accessToken=zwAAAaBLV1pakc9xF_8C1JVJNtOPBfpzp6XGaQ.MEUCIDqz_m_mkPp7u1wSVoVbwS_V1Au8e_ZnasYlxjyGFl0bAiEAniXC6mNini_3_ZVXg3TA7CIEZkrFYWarRez92OudwhI&sharetype=gift&token=4b592f2d-061a-476a-8247-6d3bb5e10e4b
https://www.ft.com/content/7117ff02-d495-4936-8f05-fa73a7a5c669?accessToken=zwAAAaBLV1pakc9xF_8C1JVJNtOPBfpzp6XGaQ.MEUCIDqz_m_mkPp7u1wSVoVbwS_V1Au8e_ZnasYlxjyGFl0bAiEAniXC6mNini_3_ZVXg3TA7CIEZkrFYWarRez92OudwhI&sharetype=gift&token=4b592f2d-061a-476a-8247-6d3bb5e10e4b
Sony Music and Warner Chappell sue Anthropic, Dario Amodei, and Benjamin Mann, alleging tens of thousands of copyrighted songs were used to train Claude's LLMs (Tim Ingham/Music Business Worldwide)
https://www.musicbusinessworldwide.com/now-sony-music-publishing-and-warner-chappell-sue-anthropic-in-multi-billion-dollar-lawsuit-one-of-the-largest-and-most-blatant-ongoing-thefts-of-intellectual-property-in-history/
https://www.musicbusinessworldwide.com/now-sony-music-publishing-and-warner-chappell-sue-anthropic-in-multi-billion-dollar-lawsuit-one-of-the-largest-and-most-blatant-ongoing-thefts-of-intellectual-property-in-history/
Music Business Worldwide
Now Sony Music Publishing and Warner Chappell sue Anthropic in multi-billion dollar lawsuit: ‘One of the largest and most blatant…
Sony Music Publishing and Warner Chappell Music have joined forces to sue Anthropic, home of Claude, over what the publishers call “one of the largest and most blatant ongoing thefts of intellectual property in history.”
Sources detail how Meta's $17.1B settlement with state AGs came together as Meta wanted to avoid going to trial following losses in cases in LA and New Mexico (New York Times)
https://www.nytimes.com/2026/08/29/technology/meta-states-settlement.html?unlocked_article_code=1.9FA.YbRm.Bnnkb0t2vt5g&smid=nytcore-android-share
https://www.nytimes.com/2026/08/29/technology/meta-states-settlement.html?unlocked_article_code=1.9FA.YbRm.Bnnkb0t2vt5g&smid=nytcore-android-share
Nytimes
How Meta’s $17.1 Billion Social Media Settlement Came Together (Gift Article)
State attorneys general spent months in negotiations. Then, as its legal losses mounted, the social media giant’s new top lawyer brought a huge settlement to the table.
Anthropic will "permanently" raise weekly Claude Code limits by 25% on Sept. 14 for most plans, which will work out a 17% reduction, given the current 50% boost (@claudedevs)
https://www.techmeme.com/260829/p13#a260829p13
https://www.techmeme.com/260829/p13#a260829p13
Techmeme
Anthropic will “permanently” raise weekly Claude Code limits by 25% on Sept. 14 for most plans, which will work out a 17% reduction…
@claudedevs: Anthropic will “permanently” raise weekly Claude Code limits by 25% on Sept. 14 for most plans, which will work out a 17% reduction, given the current 50% boost
Job listings and other indicators: SpaceX is working on a Bastrop, TX foundry to build blades for large gas turbines, which could ease its AI power crunch (Ann Davis Vaughan/The Information)
https://www.theinformation.com/articles/exclusive-spacex-lays-groundwork-turbine-blade-factory-solve-data-center-power-crunch
https://www.theinformation.com/articles/exclusive-spacex-lays-groundwork-turbine-blade-factory-solve-data-center-power-crunch
The Information
Exclusive: SpaceX Lays Groundwork For Turbine-Blade Factory to Solve Data Center Power Crunch
Clues are emerging that Elon Musk intends to bypass the power supply chain for AI data centers in a way others assumed was impossible, by making highly complex components himself.It’s a move no one else has been bold enough to attempt.
Data center development is driving demand for acoustic consultants, as developers and neighboring communities hire acousticians to assess noise emissions (Sheena Meng/Bloomberg)
https://www.bloomberg.com/news/articles/2026-08-26/data-centers-are-infamously-noisy-and-calling-the-sound-experts-to-help?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4Nzc2OTA2MSwiZXhwIjoxNzg4MzczODYxLCJhcnRpY2xlSWQiOiJUS0RGUzVLR0NUR00wMCIsImJjb25uZWN0SWQiOiIwOTRFQTUyQzdCQTQ0RDRDQjk1QTNCNDVENDg4RjY1NSJ9.T0WJl3ibidQN_-Xuqwmmz_0dw7AuJvoHrw4k97GMrEc
https://www.bloomberg.com/news/articles/2026-08-26/data-centers-are-infamously-noisy-and-calling-the-sound-experts-to-help?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4Nzc2OTA2MSwiZXhwIjoxNzg4MzczODYxLCJhcnRpY2xlSWQiOiJUS0RGUzVLR0NUR00wMCIsImJjb25uZWN0SWQiOiIwOTRFQTUyQzdCQTQ0RDRDQjk1QTNCNDVENDg4RjY1NSJ9.T0WJl3ibidQN_-Xuqwmmz_0dw7AuJvoHrw4k97GMrEc
Bloomberg.com
Unlikely Winners of the Data Center Boom: Sound Consultants
The sprawling facilities get a lot of attention for their water and energy usage, but it’s the threat of constant noise emission that has nearby residents up in arms. That’s where the acousticians come in.
California's legislature passes a bill exempting open-source OSes like Linux from a 2025 age-verification law; Windows, macOS, iOS, and Android remain in scope (Luke James/Tom's Hardware)
https://www.tomshardware.com/software/linux/california-lawmakers-unanimously-pass-linux-exemption-from-age-verification-law-software-distributed-under-the-gpl-mit-bsd-and-apache-licenses-are-exempt
https://www.tomshardware.com/software/linux/california-lawmakers-unanimously-pass-linux-exemption-from-age-verification-law-software-distributed-under-the-gpl-mit-bsd-and-apache-licenses-are-exempt
Tom's Hardware
California lawmakers unanimously pass Linux exemption from age-verification law — software distributed under the GPL, MIT, BSD…
AB 1856 excludes open-source operating systems from the upcoming Digital Age Assurance Act.
Glassdoor analysis finds 47% of Gen X workers write positively about their companies' AI use, compared with 40% of millennials and 33% of Gen Z workers (Taylor Nicole Rogers/Bloomberg)
https://www.bloomberg.com/news/articles/2026-08-27/older-workers-are-more-upbeat-about-ai-than-20-somethings
https://www.bloomberg.com/news/articles/2026-08-27/older-workers-are-more-upbeat-about-ai-than-20-somethings
Bloomberg.com
Older Workers Are More Upbeat About AI Than 20-Somethings
Gen X sees opportunity in AI. Gen Z sees fewer jobs.
Grindr CEO George Arison plans premium services push, including a product costing up to $350 per month; Grindr averaged 1.4M paying users among 15M MAUs in Q2 (Kieran Smith/Financial Times)
https://www.ft.com/content/952920f9-429d-451a-9913-a360880ead41
https://www.ft.com/content/952920f9-429d-451a-9913-a360880ead41
Industry insiders say Chinese robot makers currently rely on Nvidia silicon and software; Nvidia's physical AI business generates ~$10B in annual revenue (Raffaele Huang/Wall Street Journal)
https://www.wsj.com/tech/ai/nvidia-wants-to-run-the-worlds-robots-china-is-an-eager-customer-bdf46169?st=nLQELH&reflink=desktopwebshare_permalink
https://www.wsj.com/tech/ai/nvidia-wants-to-run-the-worlds-robots-china-is-an-eager-customer-bdf46169?st=nLQELH&reflink=desktopwebshare_permalink
The Wall Street Journal
Nvidia Wants to Run the World’s Robots. China Is an Eager Customer.
Chinese companies rely on American chips and software for “physical AI,” a growing business where trade remains open under U.S. rules.
Faro, which develops data models and AI tools to speed up clinical trials, raised a $37.3M Series B co-led by Merck Global Health Innovation Fund and S32 (Dealroom.co)
https://app.dealroom.co/news/note/faro-raises-37m-series-b-to-trim-clinical-trial-timelines-with-ai
https://app.dealroom.co/news/note/faro-raises-37m-series-b-to-trim-clinical-trial-timelines-with-ai
Dealroom.co
Dealroom.co | Faro raises $37M Series B to trim clinical trial timelines with AI
What's the deal? Faro has raised a $37 million Series B round to…
OpenAI's Hugging Face incident report says AI agents used exploits to gain full admin access to OpenAI's own research cluster supporting its VM environments (Dwarkesh Patel/Dwarkesh Podcast)
https://www.dwarkesh.com/p/openai-huggingface
https://www.dwarkesh.com/p/openai-huggingface
Dwarkesh
The Rise and Fall of Agent Civilizations
The whole OpenAI/Hugging Face story in plain English
The OpenAI/Hugging Face incident feels "more than 50%" of the way to a full-blown AI takeover and as AI advances rapidly we may not get another warning shot (Ajeya Cotra/Planned Obsolescence)
https://www.planned-obsolescence.org/p/the-hugging-face-attack-surprised
https://www.planned-obsolescence.org/p/the-hugging-face-attack-surprised
www.planned-obsolescence.org
The Hugging Face attack surprised me
It’s a major warning shot, and might be the last one we get
A look at the race to build quantum computers, as the tech becomes a geopolitical battleground with potential to transform cybersecurity, finance, and more (Mark Bergen/Bloomberg)
https://www.bloomberg.com/news/features/2026-08-26/quantum-computers-promise-breakthroughs-but-risk-a-cybersecurity-crisis?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4Nzk4MjcwMCwiZXhwIjoxNzg4NTg3NTAwLCJhcnRpY2xlSWQiOiJUS0REMDlLSUpIOEwwMCIsImJjb25uZWN0SWQiOiIwNEFGQkMxQkYyMTA0NUVEODg3MzQxQkQwQzIyNzRBMCJ9.spMVoNbGmYuQzzP1tR6-DmqxaNKSg5MFUqRe1JzJbRY
https://www.bloomberg.com/news/features/2026-08-26/quantum-computers-promise-breakthroughs-but-risk-a-cybersecurity-crisis?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4Nzk4MjcwMCwiZXhwIjoxNzg4NTg3NTAwLCJhcnRpY2xlSWQiOiJUS0REMDlLSUpIOEwwMCIsImJjb25uZWN0SWQiOiIwNEFGQkMxQkYyMTA0NUVEODg3MzQxQkQwQzIyNzRBMCJ9.spMVoNbGmYuQzzP1tR6-DmqxaNKSg5MFUqRe1JzJbRY
Bloomberg.com
The Dream of Quantum Computing Is Both Dead and Alive
Companies are racing to create devices that could revolutionize finance, supercharge medical and climate research — and might also cause major new cybersecurity vulnerabilities.
A look at the management changes John Ternus could make as many key Apple execs prepare to leave in the next few years; Apple tested a Pencil for folding iPhone (Mark Gurman/Bloomberg)
https://www.bloomberg.com/news/newsletters/2026-08-30/john-ternus-management-team-apple-watch-series-12-foldable-iphone-apple-pencil-mtfvmdyu?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4ODA5ODY0NywiZXhwIjoxNzg4NzAzNDQ3LCJhcnRpY2xlSWQiOiJUS0w1SzFLR0lGUFUwMCIsImJjb25uZWN0SWQiOiJDNEVEQ0FFMUZBMDU0MEJFQTI0QTlGMjExQzFFOTA4MCJ9.2gXSf2BYyZq9psgCii60olZyvGHj5-CUy_EbBmSl1lA
https://www.bloomberg.com/news/newsletters/2026-08-30/john-ternus-management-team-apple-watch-series-12-foldable-iphone-apple-pencil-mtfvmdyu?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4ODA5ODY0NywiZXhwIjoxNzg4NzAzNDQ3LCJhcnRpY2xlSWQiOiJUS0w1SzFLR0lGUFUwMCIsImJjb25uZWN0SWQiOiJDNEVEQ0FFMUZBMDU0MEJFQTI0QTlGMjExQzFFOTA4MCJ9.2gXSf2BYyZq9psgCii60olZyvGHj5-CUy_EbBmSl1lA
Bloomberg.com
Apple’s New CEO Will Need to Soon Overhaul His Management Team
Also: Apple experimented with a Pencil for the coming foldable iPhone.