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Techmeme

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Sources: some Google researchers have grown frustrated over AI compute access for ambitious projects while Google Cloud sells TPUs to customers like Anthropic (MacKenzie Sigalos/CNBC)
Nintendo reports Q1 revenue down 10% YoY to ~$3.3B, above $2.8B est., net income of ~$933M, above ~$495M est., and Switch 2 sales down 34.4% YoY to 3.82M (Jenny Lee/CNBC)
Google centralizes its AI leadership at Mountain View in a bid to catch its rivals; Sebastian Borgeaud, who led a major AI coding effort, moved from the UK (Bloomberg)
SoftBank reports Q1 net profit down 18% YoY to ~$2.2B, above ~$761M est., an ~$8.2B gain on its Intel stake, and Vision Fund up $1.7B due to its ByteDance stake (Arjun Kharpal/CNBC)
China launches a formal national security review of Palo Alto Networks products sold in the Chinese market, citing a need to protect critical infrastructure (Alan Wong/Bloomberg)
Defense tech company Hadrian raised a $1.37B Series D at an $8B valuation to expand its factories and Opus software platform, after a $260M Series C in 2025 (Colin Demarest/Axios)
Filing: Hangzhou-based Unitree Robotics prices its Shanghai IPO at ~$22/share, aiming to sell 40.4M shares to raise $904M; Unitree shipped 5,500+ robots in 2025 (Bloomberg)
Lumilens, which is building data center optical-interconnection tech to replace wires with light, raised $700M at a $5.5B valuation, for $900M in total funding (Anissa Gardizy/Wall Street Journal)
Rockstar says it will show an "extended look" at Grand Theft Auto VI on August 27, premiering on Netflix at 3pm ET before streaming on YouTube at 9pm ET (Andrew Webster/The Verge)
Google is expanding its Gemini-powered Ask Maps feature in English to 130+ countries and adds agentic food ordering, hotel booking, and attraction searching (Jada Jones/ZDNET)
Chainalysis: violent crypto attacks stole $30M+ in H1 2026, on track to exceed 2025's $58M total; France is the primary hotspot with 30 publicly known cases (Naga Avan-Nomayo/The Block)
Meta is offering a cheaper Muse Spark 1.2 "contributor" tier priced at $0.10/1M input and $0.20/1M output tokens in exchange for using user prompts for training (Wall Street Journal)
Etsy says it will cut ~220 employees, or ~12% of its workforce, mostly in product and engineering, and reports Q2 revenue up 6% YoY to $668.3M, vs. $649.1M est. (Annie Palmer/CNBC)
eBay reports Q2 revenue up 15% YoY to $3.13B, vs. $3.02B est., GMV up 15% to $22.4B, and forecasts Q3 revenue above estimates (Reuters)
Nikita Bier says he will step back from leading product for X and continue as an adviser (Nikita Bier/@nikitabier)
Salesforce appoints Miguel Milano, its chief revenue officer, as COO; Chief Operating and Financial Officer Robin Washington will keep her title (Jordan Novet/CNBC)
Binance affiliates are suing RedotPay's founders for allegedly diverting 470K+ users to a competing product in a "fraudulent scheme", claiming $472.8M in losses (Bloomberg)
DoorDash reports Q2 marketplace gross order value up 36% YoY to $33.08B, vs. $32.08B est., and forecasts Q3 marketplace GOV and adjusted EBITDA above estimates (Neil J Kanatt/Reuters)
Duolingo reports Q2 revenue up 18% YoY to $298.5M, paid subscribers up 17% to 12.7M, below est., forecasts Q3 revenue below est.; DUOL drops 11%+ after hours (Akash Sriram/Reuters)
Sandisk reports Q4 revenue up 372% YoY to $8.97B, vs. $8.48B est., and forecasts Q1 revenue below estimates; SNDK drops 5%+ after hours (Britney Nguyen/MarketWatch)

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