President Trump calls on Intel CEO Lip-Bu Tan to “resign, immediately” and says he “is highly CONFLICTED”, after Senator Cotton asked about Tan's ties to China
President Donald Trump called on the chief executive officer of Intel Corp. to resign …
President Trump says he will impose a “tariff of approximately 100% on chips and semiconductors”, exempting firms like Apple that “committed to build” in the US
Donald Trump declared plans to slap a 100% tariff on semiconductor imports yet promised to exempt companies …
A now-deleted GitHub blog post reveals GPT-5, available as gpt-5, gpt-5-mini, gpt-5-nano, and gpt-5-chat with “major improvements” in reasoning, code, and more
GPT-5 will have ‘enhanced agentic capabilities’ and handle ‘complex coding tasks with minimal prompting.’
Sources: Samsung plans to produce iPhone 18 image sensors in Austin, Texas; an expert says Apple chose Samsung as a supplier because Sony doesn't have US plants
Deal suggests South Korean company's US investments are paying off as Trump dials up his tariff policies
Apple commits $2.5B to produce all iPhone and Apple Watch glass at Corning's Kentucky facility, as part of its plan to invest $600B+ in the US over four years
The new $2.5 billion commitment from Apple is part of the company's expanded plan to invest $600 billion in the U.S. over the next four years
At a White House event, Apple commits to spending another $100B on US manufacturing and aims to bring more of its supply chain to the US to avoid iPhone tariffs
Made In USA iPhone Still Off The Table Snaggy / The Joy of Tech : The Joy of Tech comic... Tim and Trump! MarketWatch : Dow Jones Top Markets Headlines at 11 PM ET: U.S. Trading Partners Race to Secur...
GOP Senator Tom Cotton sends a letter to Intel's board chair with questions about CEO Lip-Bu Tan's ties to China and subpoenas when he was Cadence Design's CEO
U.S. Republican Senator Tom Cotton sent a letter to Intel's (INTC.O) board chair on Wednesday with questions about the chipmaker's …
Ripple plans to acquire stablecoin payments platform Rail for $200M, set to close in Q4 2025; Rail says it handles 10% of all global stablecoin payment activity
Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed …
Internal OpenAI code suggests a tiered GPT-5 rollout: the free tier gets basic GPT-5, Plus gets “advanced reasoning”, and Pro gets “research-level” performance
so you get the best answer, every time.” [image] @testingcatalog : BREAKING 🚨: GPT-5 Pro will be available to Team and Pro users and will have a RESEARCH-GRADE INTELLIGENCE! The Death Star is approach...
Sony reports Q1 revenue up 2.2% YoY to ~$17.8B, net profit up 23% YoY to ~$1.8B, 2.5M PS5s sold, up from 2.4M in Q1 2024, and expects a lower FY tariff impact
The company expects uncertainty over the economy to increase due to U.S. tariffs — Sony Group reported higher quarterly net profit …
The EU says companies exporting chips to the US will face a 15% tariff ceiling despite President Trump's new “approximately 100%” chip levy announcement
2nd Update Markus Kasanmascheff / WinBuzzer : But EU Secures 15% Cap as US Hits Imported Chips With 100% Tariff Bluesky: Mary Branscombe / @marypcbuk : Think of a number. Now think of another number....
Taiwan says TSMC will not have to pay 100% tariffs on US chip imports, as it has set up US plants; UMC may see a lower impact through its cooperation with Intel
Bloomberg :
South Korea's top trade envoy Yeo Han-koo says Samsung and SK Hynix will not be subject to 100% tariffs on US chip imports, citing the US-South Korea trade deal
Google says total organic click volume from Search to websites is “relatively stable year-over-year” and it's sending “slightly more quality clicks” vs. in 2024
We continue to send billions of clicks to the web every day and are committed to prioritizing the web in our AI experiences in Search.
Trump Media says it is public beta testing Truth Search AI, a Perplexity-powered search feature, initially on Truth Social for web and coming to Android and iOS
Donald Trump's media company is teaming up with Perplexity to bring AI search to Truth Social, the President's X.com alternative.
Sources: the US federal judiciary's electronic case filing system was hit in a sweeping hack, potentially compromising the identities of confidential informants
It is not immediately clear who is behind the hack, though nation-state-affiliated actors are widely suspected, the people said.
State Department cable: Marco Rubio orders diplomats in Europe to lobby against the DSA, arguing it stifles free speech and imposes costs on US tech companies
President Donald Trump's administration has instructed U.S. diplomats in Europe to launch a lobbying campaign to build an opposition …
Researchers reveal how a weakness in OpenAI's Connectors let them extract sensitive data from a Google Drive account using an indirect prompt injection attack
Security researchers found a weakness in OpenAI's Connectors, which let you hook up ChatGPT to other services …
Framework Desktop review: the $1,099+ desktop is compact and easy to assemble with solid performance and power efficiency, but CPU, GPU, and RAM are soldered
Size matters most for Framework's first stab at a desktop workstation/gaming PC. — Framework's main claim to fame is its commitment to modular …
Tokyo Electron says it fired an employee in Taipei and is cooperating with Taiwan's investigation after Taiwan arrested six people over alleged TSMC IP theft
Tokyo Electron Ltd. said it's fired an employee at its Taipei unit, making its first public statement since the island's government …
Airbnb reports Q2 revenue up 13% YoY to $3.1B, vs. $3.03B est., net income up 16% YoY to $642M, and warns revenue growth may moderate in H2 2025; ABNB drops 6%+
Airbnb Inc. shares slid in Thursday trading after the short-term rental company warned that sales growth may moderate in the second half of the year.
Sources: Apple has lost around a dozen of its AI staff, including top researchers, to rivals in recent months; its core foundation models team has ~50-60 people
The iPhone maker has lost around a dozen of its AI staff to rivals since the start of the year
Tether acquires a minority stake in MiCA-licensed Spanish crypto exchange Bit2Me and is leading a €30M funding round that will close in the coming weeks
- Tether buys a minority stake and leads a 30 million-euro round in MiCA-licensed Bit2Me to fund EU and Latin-American growth.
SignalFire: as the AI talent race explodes, Anthropic is hiring engineers 2.68x faster than losing them, above OpenAI's 2.18x, Meta's 2.07x, and Google's 1.17x
Isabelle Bousquette / Wall Street Journal :
Sources: NIST didn't publish an AI safety report and several other AI documents near the end of Biden's term for fear of clashing with the Trump administration
The National Institute of Standards and Technology conducted a groundbreaking study on frontier models just before Donald Trump's second term …
A US jury finds Tornado Cash co-founder Roman Storm guilty of conspiring to run an unlicensed money-transfer operation that laundered $1B+ via Tornado Cash
Bloomberg :
Index Ventures is set to receive $11B+ in proceeds after Figma's IPO, Google's Wiz acquisition, and Meta's investment in Scale AI, which paid out shareholders
Index Ventures was among the first investors in startup hits Figma, Scale AI and Wiz — Index Ventures, a venture firm …
SoftBank reports Q1 net profit of $2.87B, vs. ~$850M est., boosted by its Nvidia investment, and says Vision Funds had a “late-stage portfolio valued at $45B”
Masayoshi Son's technology group has been making aggressive AI investments — SoftBank made a net profit of $2.9bn …
The US GSA says AWS has agreed to provide federal agencies with up to $1B in discounts for cloud adoption, modernization, and training through 2028
Annie Palmer / CNBC :
AppLovin reports Q2 revenue up 77% YoY to $1.26B, vs. $1.22B est., adjusted EBITDA up 99% YoY to $1.02B, and forecasts Q3 revenue above est.; APP jump 10%+
Adam Levine / Barron's Online :
AI's energy demands are driving fossil fuel investments, as energy needs for AI training and data centers are poorly matched with the patterns of solar and wind
The developers may talk green, about small nuclear reactors& renewables, but it's show — What's actually getting developed for AI is a huge surge of fossil fuel power stations — www.ft.com/content...
Q&A with Anthropic CEO Dario Amodei on Anthropic's growth to almost $5B in ARR, its B2B focus, AI talent wars, open-source models, safety regulations, and more
Of all his interviews, this conversation clearly outlines where we are with “AI” and what is the long term vision of @anthropic - This is Worth Watching! https://www.youtube.com/...
Apollo Global agrees to acquire a majority stake in Stream Data Centers, which builds, leases, and operates data center campuses, in its first such acquisition
Laura Benitez / Bloomberg :
Lyft reports Q2 revenue up 11% YoY to $1.59B, vs. $1.61B est., gross bookings up 12% YoY to $4.5B, and rides up 14% YoY to 234.8M, vs. 235.9M est.
Akash Sriram / Reuters :
Duolingo reports Q2 revenue up 41% YoY to $252.3M, above $240.7M est., and raises its FY 2025 revenue forecast to $1.01B-$1.02B, above est.; DUOL jumps 35%+
Q2 Highlights User Metrics Q2 2024 Q2 2025 Daily Active Users 34.1M … Bill McColl / Yahoo Finance : Duolingo Stock Soars 35% as Language-Learning Firm Adds Subscribers, Bookings Dylan Berman / Benzing...
SMIC reports Q2 revenue up 16.2% YoY to $2.2B, in line with expectations, and profit down 19.5% YoY to $132.5M, below $183.35M est.
Semiconductor Manufacturing International Corp (0981.HK) ，China's largest contract chip maker, reported on Thursday a 19.5% year-on-year decline in second-quarter profit.
DJI, which is facing an end-of-2025 deadline to keep its US business alive, says its lobbying efforts are struggling; DJI controls 70%+ of the US drone market
DJI just swapped drones for robot vacuums with the DJI Romo
DoorDash reports Q2 revenue up 25% YoY to $3.28B, vs. $3.16B est., total orders up 20% YoY to 761M, and forecasts Q3 gross merchandise value above est.
Juveria Tabassum / Reuters :
Toronto-based Blue J, which provides AI-powered tax research software, raised a $122M Series D led by Oak HC/FT and Sapphire Ventures at a $300M+ valuation
Alex Riehl / BetaKit :
Sydney-based Lorikeet, which provides AI agents it describes as “customer concierges”, raised a AU$54M Series A led by QED Investors at a AU$200M+ valuation
Not Just Chatbots FinSMEs : Lorikeet Raises $35M USD Series A Funding LinkedIn: Paul Smith : Lorikeet, a two-year-old Sydney start-up that is making waves globally in the red-hot artificial intelligen...
Bumble reports Q2 revenue down 8% YoY to $248.2M, vs. $245.1M est., a $367M net loss, and total paying users down 8.7% YoY to 3.8M; BMBL falls 20%+
Kritika Lamba / Reuters :
Rillet, which is building AI ledger software to automate accounting tasks, raised a $70M Series B co-led by a16z and Iconiq, a source says at a ~$500M valuation
Just Another Thursday in Tech Judy Rider / Crunchbase News : Fintech Startup Rillet Lands $70M Series B From a16z, Iconiq Just 12 Weeks After Last Raise X: @a16z : We're leading Rillet's $70M Series B...
Sources: Mustafa Suleyman has been calling Google DeepMind recruits to pitch Microsoft AI, offering far higher pay packages and more freedom to do their work
Wall Street Journal :
Tavily, which helps AI agents access live web data in a compliant way, raised a $20M Series A led by Insight Partners and Alpha Wave, taking its funding to $25M
Marina Temkin / TechCrunch : LinkedIn: George Mathew LinkedIn: George Mathew : We are delighted to join Rotem & the entire Tavily team in their journey of helping enterprises govern agents and their ...
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