Techmeme
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In filings, Apple acknowledges App Store regulatory changes are weighing on its $100B+ services business; US App Store spend fell 6% in Q2, per Sensor Tower (Michael Acton/Financial Times)
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Rogue Studio, which calls itself a "playground for creative ethical mischief", launches Rogue 1.0, an AI video tool to make adult content of Hollywood quality (Jason Parham/Wired)
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Sources: AI-drafted bills are swamping the US House's Legislative Counsel, which now spends more time fixing them than it would spend to draft them from scratch (Owen Dahlkamp/Politico)
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Discord suspends livestreams in Brazil, after the country's data protection authority ordered it last week, saying Discord failed to protect children and teens (Associated Press)
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Sources: Google has told suppliers it plans to move all Pixel phone, smartwatch, and wireless earbud manufacturing out of China in 2027 amid US-China tensions (Lauly Li/Nikkei Asia)
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A short video in Apple's macOS Tahoe 26.7 release candidate appears to show a man demoing camera-equipped AirPods using Visual Intelligence and Siri (Juli Clover/MacRumors)
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Sources: Situational Awareness offered part of its $5B Anthropic stake at a 20% discount as it scrambled for cash; word of its trouble left it "being hunted" (Wall Street Journal)
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David Sacks says "Dario Amodei believes frontier AI is too powerful to distribute; we believe it is too powerful to centralize" after Amodei shared policy ideas (David Sacks/@davidsacks)
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Pornhub parent company Aylo agrees to pay $120M to settle two 2021 class action lawsuits in California and Alabama alleging it profited from CSAM (Samantha Cole/404 Media)
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Sources: Crusoe is in IPO talks with at least four Wall Street banks, including JPMorgan, which is advising on its $3B pre-IPO fundraise set to value it at $35B (Alan Neuhauser/Axios)
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Opening arguments begin on Tuesday in the US state AGs' social media addiction lawsuit against Meta; New Mexico AG says the consequences could be "astronomical" (Jonathan Vanian/CNBC)
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BNPL lenders like Flex, Zip, and Affirm are now pitching loans for basic household needs; Americans spent $160B through pay-later loans in 2025, up 2x from 2023 (Stacy Cowley/New York Times)
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Sources: Anthropic's revenue run rate reached $65B by the end of July, up from $47B in May, $19B in March, $9B in December 2025, and $4B in July 2025 (Bloomberg)
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African defense tech company Terra Industries, founded in 2024, raised a $52M seed from 8VC and others, and says it is on track to book $100M in contracts (Dominic-Madori Davis/TechCrunch)
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Sources: the US DOJ has been investigating a16z for nearly a year over whether its partners are improperly serving on the boards of competing AI companies (Bloomberg)