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Techmeme

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JPMorgan exec Naveen Mallela, global co-head of blockchain division Kinexys, steps down after 11 years at the bank; Kinexys handled $5B transactions per day (Anna Irrera/Bloomberg)
A profile of South Korea's SK Hynix, a once unloved memory chipmaker that now enjoys 58% operating margins and a $438B market cap amid the global HBM shortage (Daniel Tudor/Financial Times)
Researchers find Kalshi and Polymarket bettors can more accurately predict economic data, earnings, and political events than analysts, likely due to incentives (Lydia DePillis/New York Times)
Investigation: as Ford pushes its BlueCruise driving system, some drivers found it confusing to use, misunderstood its limitations, and didn't heed its warnings (Ryan Felton/Wall Street Journal)
Mistral plans to spend €1.2B to build AI infrastructure in Sweden in partnership with EcoDataCenter, set to open in 2027 and its first investment outside France (Yazhou Sun/Bloomberg)
Shopify reports Q4 revenue up 31% YoY to $3.7B, vs. $3.59B est., and forecasts Q1 revenue growth at a low-thirties percentage rate, vs. 25% est.; SHOP jumps 10% (Deborah Sophia/Reuters)
Anthropic CCO Paul Smith says the company is focused on "growing revenue" rather than making "flashy headlines", calls the market selloff "hyperbole", and more (CNBC)
T-Mobile announces a network-level, AI-based Live Translation feature supporting 50+ languages, coming "this spring" in beta and available on 5G and 4G LTE (Jess Weatherbed/The Verge)
Filing: San Jose Mayor Matt Mahan, set to run for California governor to succeed Newsom, gets donations from Sergey Brin, Roblox CEO David Baszucki, and others (Bloomberg)
xAI all-hands meeting: Elon Musk tells staff that xAI needs a factory on the moon to build AI satellites and a massive catapult to launch them into space (New York Times)
Sen. Warren plans bipartisan legislation with Sen. Banks that bans the sale of certain AI chips to China after Dario Amodei met with Warren and other lawmakers (Ashley Gold/Axios)
Robinhood reports Q4 revenue up 27% YoY to $1.28B, below est., crypto revenue down 38% to $221M, below est., and net income down 34%; HOOD drops 5%+ after hours (Hannah Erin Lang/Wall Street Journal)
Discord says that the "vast majority of people can continue using Discord exactly as they do today" without needing to use a face scan or ID to verify their age (The Verge)
Kalshi says it registered over $1B in trades related to the Super Bowl; Piper Sandler analysts say Kalshi and Polymarket saw ~$1.2B in total trading on Sunday (Bloomberg)
Ex-SafeMoon CEO Braden John Karony is sentenced to 100 months in prison for defrauding investors and is ordered to forfeit ~$7.5M and two residential properties (Sarah Wynn/The Block)
LayerZero Labs unveils a new Layer 1 blockchain called Zero, in collaboration with Citadel Securities, DTCC, Google Cloud, and Intercontinental Exchange (RT Watson/The Block)
Samsung announces a Galaxy Unpacked event on February 25 at 10am PT in San Francisco, where it is expected to introduce the Galaxy S26 series (Max Buondonno/The Shortcut)
A profile of Anthropic and its key executives like Chris Olah, and a look at Project Vend, an internal "Claudius" experiment to run the office vending machine (Gideon Lewis-Kraus/New Yorker)
OpenAI updates ChatGPT's deep research tool with GPT-5.2, a full-screen report view, and an option to focus research on specific websites (Matthias Bastian/The Decoder)
Alphabet raised almost $32B in debt in less than 24 hours; it sold sterling- and Swiss franc-denominated offerings following Monday's $20B dollar debt sale (Bloomberg)

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