Linked List: February 26, 2026

Apple Announces F1 Broadcast Details, and a Surprising Netflix Partnership 

Jason Snell, writing at Six Colors:

Perhaps the most surprising announcement on Thursday was that Apple and Netflix, which have had a rather stand-offish relationship when it comes to video programming, have struck a deal to swap some Formula One-related content. Formula One’s growing popularity in the United States is due, perhaps in large part, to the high-profile success of the Netflix docuseries “Drive to Survive.” The latest season of that series, debuting Friday, will premiere simultaneously on both Netflix and Apple TV. Presumably, in exchange for that non-exclusive, Apple will also non-exclusively allow Netflix to broadcast the Canadian Grand Prix in May. (Insert obligatory wish that Apple and Netflix would bury the hatchet and enable Watch Now support in the TV app for Netflix content.)

What a crazy cool partnership.

Energym 

“An interview from 2036 with Elon Musk, Jeff Bezos, and Sam Altman.” This is what AI video generation was meant for.

Netflix Backs Out of Bid for Warner Bros., Paving Way for Paramount Takeover 

The New York Times:

Netflix said on Thursday that it had backed away from its deal to acquire Warner Bros. Discovery, a stunning development that paves the way for the storied Hollywood media giant to end up under the control of a rival bidder, the technology heir David Ellison.

Netflix said that it would not raise its offer to counter a higher bid made earlier this week by Mr. Ellison’s company, Paramount Skydance, adding in a statement that “the deal is no longer financially attractive.”

“This transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price,” the Netflix co-chief executives, Ted Sarandos and Greg Peters, said in a statement.

Netflix’s stock is up 9 percent in after-hours trading. This is like when you have a friend (Netflix) dating a good-looking-but-crazy person (Warner Bros.), and the good-looking-but-crazy person does something to give your friend second thoughts. You tell your friend to run away.

iPhone and iPad Approved to Handle Classified NATO Information 

Apple Newsroom:

Today, Apple announced iPhone and iPad are the first and only consumer devices in compliance with the information assurance requirements of NATO nations. This enables iPhone and iPad to be used with classified information up to the NATO restricted level without requiring special software or settings — a level of government certification no other consumer mobile device has met.

That’s nice, but the iPhone is only the second phone to be approved for handling classified information for the Board of Peace. The first, of course, was the T1.

‘Steve Jobs in Exile’ 

New book, shipping May 19, from author Geoffrey Cain:

For twelve years, from 1985 to 1997, Jobs wandered the business wilderness with his new venture, NeXT. It was a period of spectacular failures, near-bankruptcy, and brutal humiliation. But out of this crucible of defeat emerged the visionary leader who would go on to create the iPod, iPhone, and iPad, transforming Apple into the most valuable company on earth.

Drawing on previously unpublished materials and new interviews with the key players, Geoffrey Cain reveals the untold story of Steve Jobs’s “lost decade” — the formative years that shaped the icon we thought we knew.

Afterword by Ed Catmull, who was obviously intimately familiar with Jobs in that era. And via Cain’s post on LinkedIn announcing the book, the foreword is by NeXT cofounder Dan’l Lewin.

Microsoft Adds Additional Markdown Features to Windows Notepad 

Still feels a bit ridiculous to me that Markdown is now an editing mode in Notepad.

Prediction ‘Market’ Kalshi Accuses MrBeast Editor of Insider Trading 

Bobby Allyn, reporting for NPR:

An editor who works for YouTube’s biggest creator, MrBeast, has been suspended from the prediction market platform Kalshi and reported to federal regulators for insider trading, Kalshi officials said on Wednesday. It’s the first time the company has publicly revealed the results of an investigation into market manipulation on the popular app.

The MrBeast employee, who Kalshi identified as Artem Kaptur in regulatory filings, traded around $4,000 on markets related to the streamer, the company said. Kalshi investigators discovered that Kaptur had “near-perfect trading success” on bets about the YouTuber’s videos with low odds, making the wagers appear suspicious, according to company officials.

Call these things what they are — prediction casinos, not prediction markets — and the problems come into focus.

Research Firm Says Podcasts Have Passed AM/FM Talk Radio in Spoken-Word Listening Time 

Edison Research:

In 2015, AM/FM radio accounted for 75% of the time Americans spent with spoken-word audio sources. AM/FM radio was not only the most dominant spoken-word audio listening platform, but it was fully sixty-five percentage points higher than podcasts, which accounted for 10% of listening time back then. Quarter by quarter and year over year, time spent using AM/FM radio to listen to spoken-word audio has declined significantly and shifted to time spent with podcasts. As of Q4 2025, 40% of time spent listening to spoken-word is now spent with podcasts and 39% of time is spent with AM/FM radio. Not only does radio not beat podcasts by a significant margin, it now trails the on-demand platform for spoken-word audio listening.

Most of you reading this on Daring Fireball are surely thinking what I thought when I saw this (via TechCrunch): This only happened in 2025? But it goes to show just how long it takes for media consumption habits, in the aggregate, to change.

New York Sues Valve, Says Its ‘Loot Boxes’ Are Gambling 

Reuters:

New York’s attorney general sued Valve, a video game developer whose franchises include Counter-Strike, Team Fortress and Dota, accusing it of promoting illegal gambling and threatening to addict children through its use of “loot boxes.” In a complaint filed on Wednesday in a state court in Manhattan, Attorney General Letitia James said Valve’s loot boxes amounted to “quintessential gambling,” violating the state’s constitution and penal law, with valuable items often hard to win and many items worth pennies.