DAILY ROUNDUP 12 August 2026

AI's Double-Edged Sword: Promise and Peril  ·  Regulation and Innovation: Strategic Battles  ·  Business Transformations: From Unicorns to Acquisitions  ·  Politics, Sports, and Pop Culture

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Tesla wants to build a $10B solar factory in Texas

Tesla wants to build a massive solar factory in Texas, but first it wants the state to chip in to defray the costs.

2026-08-12 · 16:18 UTC
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Form Energy raises $750M to build more 100-hour batteries for the grid

2026-08-12 · 16:18

Form Energy has landed Google and Crusoe as customers.

LA Lakers to be sold in record $12.5bn deal

2026-08-12 · 16:11

The Los Angeles Lakers is to be sold for a reported record $12.5bn - less than a year after Mark Walter took a majority…

HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin

2026-08-12 · 16:07

HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s…

BRICS: CBDCs at the Heart of a New Cross-Border Payments Project

2026-08-12 · 16:05

Money transfers between countries remain a central topic for the BRICS.

Lovable confirms new $13.3B valuation, raises another $400M

2026-08-12 · 16:04

This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told…

Thousands of Canadians call for US ambassador's expulsion

2026-08-12 · 16:03

An online petition accusing Pete Hoekstra of diplomatic interference in Canadian domestic affairs has garnered more than…

XRP Bridge Drained After Software Treats Fake Deposits as Real

2026-08-12 · 16:00

A flaw that went undetected during multiple audits allowed an attacker to create unbacked balances and withdraw XRP from…

Tech

Facebook officially rolls out its standalone Creator Studio app with AI tools for creators

2026-08-12 · 15:56

The new app launches with Facebook's AI creator assistant built into it, providing creators with personalized…

Crypto

Crypto-Backed Loans, Explained: How to Unlock Cash Without Selling Your Bitcoin

2026-08-12 · 15:54

A fixed-rate crypto-backed loan lets you borrow against BTC, ETH, or SOL while keeping your coins. Here's how they work.

Crypto

Tether’s USDT Supply Shrinks by $4B in 60 Days as Crypto Demand Cools

2026-08-12 · 15:53

Tether’s USDT supply has declined by about $4 billion on a 60-day rolling basis, according to Cryptoquant data.

Tech

How a $250 million acquisition collapsed into allegations of fraud and forged signatures

2026-08-12 · 15:44

Investors are still waiting for their share of the $250 million windfall, and VideoVerse co-founder Vinayak Shrivastav…

Crypto

SOL, HYPE, and BNB Price Analysis: Are Bulls Ready for a Breakout?

2026-08-12 · 15:35

SOL: A break above $79 could open targets near $84 to $86.

Tech

Grok 4.6

2026-08-12 · 15:32

Grok 4.6 has been released with enhanced capabilities for long-running agents and complex interactive and visual work,…

Sports

Arsenal reignite interest in Aston Villa's Konsa

2026-08-12 · 15:21

Aston Villa's central defender Ezri Konsa is thought to be Arsenal's preferred option in their search for a new central…

Tech

Booksellers suspect AI firms are buying and then destroying rare books

2026-08-12 · 15:19

AI firms quietly bulk buying rare books face resistance from booksellers.

Tech

After Microsoft threatened legal action, a security researcher publishes a new Windows zero-day bug

2026-08-12 · 15:18

This is the latest zero-day released by security researcher Nightmare Eclipse, despite Microsoft publicly threatening to…

Crypto

Why Bitcoin Barely Moved Even as US Inflation Cools to 3.4%

2026-08-12 · 15:07

The tamest U.S. inflation print in months left crypto markets flat, with Bitcoin shrugging off the data hit. Here's why.

Sports

Rangers seek striker & are 'playing with fire' in defence

2026-08-12 · 15:03

Rangers are being "proactive" in seeking a new striker after Youssef Chermiti was ruled out long term, says manager…

Tech

Silkroad Innovation Hub’s Road to Battlefield competition continues

2026-08-12 · 15:02

The Road to Battlefield competition is now in its second year, and its purpose is to give founders across Central…

Tech

Qwen/Qwen3.8-2.4T-A95B

2026-08-12 · 15:01

Alibaba has released Qwen3.8, the most capable model in its open-source Qwen family, featuring 2.4 trillion total…

Crypto

Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%

2026-08-12 · 15:00

Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over…

Crypto

Bitget Boosts CFD Execution as It Expands Access to Deeper Liquidity

2026-08-12 · 15:00

Bitget is rebuilding part of its CFD business for traders who care less about a polished interface than what happens…

Tech

GiveCampus (YC S15) Is Hiring Engineering Managers

2026-08-12 · 14:55

GiveCampus, a Y Combinator-backed fundraising platform for educational institutions, is hiring a Senior Engineering…