Techmeme
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Amazon becomes the fifth company to reach a $3T market cap, joining Nvidia, Alphabet, Microsoft, and Apple; its stock closed up 4.58% on Monday (Jeran Wittenstein/Bloomberg)
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Snap reports Q2 revenue up 19% YoY to $1.6B, vs. $1.54B est., DAUs up 5% to 493M, vs. 487M est., forecasts Q3 revenue above est.; SNAP jumps 10%+ after hours (Jonathan Vanian/CNBC)
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Palantir reports Q2 revenue up 93% YoY to $1.94B, vs. $1.8B est., US commercial revenue up 149%, and raises FY 2026 revenue guidance; PLTR jumps 9%+ after hours (Samantha Subin/CNBC)
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Samsung says it's restricting app registrations and removing apps with SDKs that can turn smart TVs into residential proxy exit nodes, after a similar ban by LG (Zack Whittaker/TechCrunch)
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Court docs: an FBI agent has been charged with amassing ~$1M worth of cryptocurrency, largely by making unauthorized withdrawals from a criminal target overseas (Devlin Barrett/New York Times)
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US satellite internet provider Hughesnet files for Chapter 11 after losing subscribers to Starlink and plans to focus on business and government customers (Michael Kan/PCMag)
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Leaked doc: Microsoft plans to bring Xbox 360 games to PC, and the games will be able to run on its next-gen Project Helix console, "Xbox PCs", and handhelds (The Verge)
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The White House says it has met its deadline to establish a voluntary framework for evaluating advanced AI models; it did not provide details of the framework (Maria Curi/Axios)
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China revises its regulations to tighten protection of chip layout designs, including punitive damages for serious infringement, taking effect from October 15 (Eduardo Baptista/Reuters)
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Valar, which is making small modular nuclear reactors to power data centers, raised a $1B Series B led by Sequoia at a $6B post-money valuation (Bloomberg)
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Mariana Minerals, which builds and operates mines using its MarianaOS software platform, raised a $310M Series B, bringing its total funding to $400M (Allie Garfinkle/Fortune)
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India proposes extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers, changes that Apple had lobbied for (Reuters)
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Sources: the Trump administration invites staffers from OpenAI, Google, Anthropic, and others to the White House on Tuesday to review the AI oversight framework (The Information)
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UK court filing: in July, Apple launched a new legal challenge against the UK government's attempt to create a "backdoor" to access encrypted customer data (Tim Bradshaw/Financial Times)
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Zenity, which develops a platform for securing AI agents, raised a $125M Series C led by Norwest Venture Partners, taking its total funding to ~$185M (Meir Orbach/CTech)