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August 31, 2026, 6:10 PM
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Annie Palmer / CNBC:
The FTC and 22 state AGs sue Amazon, alleging it overcharged advertisers over $20B since 2019 via hidden surcharges, with costs largely passed on to consumers  —  The Federal Trade Commission on Monday sued Amazon, alleging the e-commerce giant “secretly and systematically overcharged” …
About Amazon:
Amazon says the FTC's complaint over Sponsored Ads cites no evidence of consumer price increases or advertiser harm, and misunderstands how advertisers operate  —  The FTC today filed a misguided lawsuit claiming Amazon misled advertisers about its Sponsored Ads pricing and auction.
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 …
Chance Miller / 9to5Mac:
On his last day as CEO, Tim Cook pens an emotional memo reflecting on his time at Apple and says he takes “enormous comfort” in handing the helm to John Ternus  —  Today is Tim Cook's last day as Apple CEO, with John Ternus set to take over tomorrow.
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 …
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.
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
Simon Goodley / The Guardian:
Bank of England Governor warns that advanced AI could destabilize the highly interconnected global financial system via cyberattacks across jurisdictions  —  Andrew Bailey warns group about risk of advanced ‘frontier models’ destabilising the ‘highly interconnected’ financial system
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.
Kris Holt / Engadget:
Sony launches Live TV on PS5 in the US, letting users stream 100+ free, ad-supported TV channels with content from Amazon MGM Studios, Crunchyroll, and more  —  Ad-supported streaming channels are hitting Sony's console in the US today.  —  PlayStation 5 owners in the US will be able to stream free …
Karissa Bell / Engadget:
Instagram says it will reduce the reach of accounts featuring AI-generated personas if they don't use a new “AI-generated profile” label  —  The app isn't cracking down on other kinds of AI slop, though.  —  Instagram is changing its rules for profiles that feature AI-generated personas.
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
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.
Zoho:
Introducing Zoho MCP for Zoho People: Turn conversations into HR actions  —  It's Monday morning.  You start your day by reviewing leave requests that came in over the weekend.  A new hire needs help completing their onboarding tasks, payroll is waiting for the latest attendance report …
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Lucinda Shen / Axios:
Sources: AI sales and marketing startup Clay is raising a round led by Wellington at a $7B pre-money valuation, up from $5B via an employee tender in January  —  Clay, an AI startup for sales and marketing teams, is raising new money led by Wellington at a $7 billion pre-money valuation, Axios has learned.

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Newest

Ryan Gillespie / Orlando Sentinel:
Florida says it is revoking permits for Flock cameras and similar license-plate readers on state roads and no longer intends to issue such permitsFind
15 minutes ago
Chance Miller / 9to5Mac:
Filing: Apple claims a former iPhone engineer used a confidential Apple circuit schematic in his work at OpenAI, evidence is being destroyed, and moreFind
25 minutes ago
Lucinda Shen / Axios:
Sources: AI sales and marketing startup Clay is raising a round led by Wellington at a $7B pre-money valuation, up from $5B via an employee tender in JanuaryFind
45 minutes ago
Kirsten Korosec / TechCrunch:
The Pentagon launches ChatGPT Mil and Grok for Government on its GenAI.mil platform, giving its 3M personnel access to AI tools “tailored to warfighter needs”Find
69 minutes ago
About Amazon:
Amazon says the FTC's complaint over Sponsored Ads cites no evidence of consumer price increases or advertiser harm, and misunderstands how advertisers operateFind
1½ hours ago
Amanda L. Gordon / Bloomberg:
Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to PolymarketFind
2 hours ago
Annie Palmer / CNBC:
The FTC and 22 state AGs sue Amazon, alleging it overcharged advertisers over $20B since 2019 via hidden surcharges, with costs largely passed on to consumersFind
2½ hours ago
Full Time-Sorted List

From Mediagazer

Washington Post:
Sources: the DOD appointed several conservative influencers to civilian roles without disclosing their assignments as they amplify Pete Hegseth's viewpoints

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

F. Brinley Bruton / NBC News:
Masked Israeli settlers injured three NBC News staffers and a Palestinian woman they were interviewing in the West Bank; Benjamin Netanyahu condemned the attack

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