Texas, which didn't join a multi-state case against Meta, negotiated a $1.05B side deal that could reach $1.335B if TikTok and YouTube adopt teen safety changes (Ryan Autullo/Bloomberg Law)
Sources: Shein pivoted to a Hong Kong IPO and sought to build Chinese government ties, after its New York and London bids failed to secure Beijing's approval (Reuters)
The UK Treasury gives the Bank of England a new legal objective to support payment systems and digital money innovation, seeking to keep London competitive (Financial Times)
Sources: some tech companies are courting Democrats and hiring advisers to prepare for potential investigations if Republicans lose control of the House (Wall Street Journal)
Meta seeks to position itself as the industry leader in child safety through its settlement with US AGs, while still refusing to admit any wrongdoing (Casey Newton/Platformer)
Intel reveals that Xeon 7, aimed at HPC and debuting in 2027, will support up to 256 cores and 22 chiplets, with 16 built on its bleeding-edge 18A-P process (Tobias Mann/The Register)
Bitcoin rises above $80K after jumping 20%+ last week, its biggest three-day gain since 2023; US spot bitcoin ETFs had $1.92B in net inflows last week (Lee Ying Shan/CNBC)