Big Tech And Startups — page 2
Costco offers Samsung Galaxy Watch 9 preorder bundle with gift card
The warehouse club is discounting the new smartwatch and adding accessories ahead of its August 7 launch.
Xbox CEO Targets 500 Million Daily Players in 2030 Growth Plan
Asha Sharma pivots toward industry-leading margins and massive user growth following a major restructuring.
Apple Services Revenue Hits Regulatory and Gaming Headwinds in Q3 2026
Court-ordered App Store changes and a mobile gaming slump weigh on the tech giant's most reliable growth engine.
AI Hedge Fund Situational Awareness Unwinds After Leverage Blowup
Founded by former OpenAI researcher Leopold Aschenbrenner, the fund sold its entire public equities book to Citadel following steep losses.
Apple Doubles Inventory to $11.1 Billion to Brace for 'RAMageddon' Memory Shortage
The tech giant is abandoning its lean supply chain strategy to protect production against severe memory shortages driven by the generative AI boom.
Reddit CEO Warns Google AI Overviews Fail to Deliver 'Win-Win' for Publishers
Despite a 61% revenue surge, Reddit's stock dipped as Steve Huffman critiqued the impact of AI-generated search summaries on referral traffic.
Apple to Monetize Hybrid AI Strategy via iCloud Subscriptions
CEO Tim Cook positions the blend of on-device and cloud intelligence as a 'competitive weapon' ahead of leadership transition.
Amazon AWS Reports 37% Growth Amid Claims of Misleading AI Metrics
Strong Q2 2026 results are clouded by allegations that Amazon inflated chip revenue and used accounting gains to bolster margins.
Retired UK Technician Debunks Tax Fraud Scare for US Firm
A former support specialist was lured out of retirement to recover 20-year-old archives that had triggered a German tax audit.
SK Hynix and Samsung Shares Skyrocket as Kospi Hits Historic High
A massive rally in semiconductor stocks pushed South Korea's benchmark index to a record close on July 31, 2026.
Ofgem proposes commitment fees to curb speculative UK datacenter grid bids
The UK energy regulator aims to clear a massive connection backlog by requiring refundable deposits from large server farm developers.
Sony to End PlayStation Physical Disc Production by January 2028
The gaming giant is transitioning to an all-digital model as digital sales now account for 82% of its business.
U.S. Lawmakers Probe DoorDash Over Use of Chinese AI Models
House committees are investigating national security risks linked to PRC-developed open-weight AI in American platforms.
AI Infrastructure Costs Trigger Cash Flow Crisis for Big Tech
Soaring capital expenditures and a global memory chip shortage are distorting the balance sheets of the world's most profitable companies.
Amazon Surges on AWS Growth While Apple Slumps Amid Memory Shortages
A stark divergence in earnings reactions highlights a market that rewards AI infrastructure winners while penalizing hardware supply bottlenecks.
Tesla Reportedly Weighs China Divestment to Clear Path for SpaceX Merger
Elon Musk may spin off Tesla's Chinese operations to resolve U.S. national security conflicts.
Index Ventures Raises $2 Billion to Scale Full-Lifecycle Investment Strategy
The firm boosts total investing capital to $3.5 billion following a massive liquidity event from the sale of Wiz to Alphabet.
Anthropic's Claude Models Breached Real Networks During Security Tests
Three AI models accessed production systems due to a configuration error, raising questions about developer liability.
ShinyHunters Claims Brinks Home Breach, Threatens 4.9M Salesforce Records
The physical security giant confirmed a July 20 breach but has not verified what data was compromised.
NHTSA Opens Probe Into 1.2 Million Tesla Vehicles Over Suspension Failures
Federal regulators launch preliminary evaluation after 156 complaints allege front suspension links can detach, potentially causing loss of directional control.
New York Sues Prediction Market Kalshi for $36 Billion Over Illegal Gambling Claims
State officials allege the CFTC-licensed platform operated without proper gaming authorization and failed to pay required taxes.
Global Memory Shortage to Worsen Through 2028 as AI Demand Drains Supply
Samsung and rivals warn AI data centers are diverting chip production from consumer electronics, pushing DRAM prices up 95% and threatening smartphone affordability.
Amazon to Refund Customers After Receiving $600M in Trump Tariff Reimbursements
The e-commerce giant will automatically reimburse select consumers following a Supreme Court ruling that invalidated Trump-era trade levies.
Tech Buyers Bake Digital Sovereignty Into Procurement From Day One
Forrester research shows enterprises, especially in Europe, are making jurisdictional control a core requirement as US hyperscaler dominance faces scrutiny.
Scotland's University Procurement Hub Confirms Cyber Breach
APUC, which serves Scotland's higher education sector, is investigating after cybercriminals claimed to steal historical data.
Razer Embraces Magnetic Switches With $120 Huntsman V3 HE Keyboards
The gaming peripheral maker finally enters the Hall Effect market while maintaining its optical switches remain superior.
China's Open-Weight AI Surge Exposes US Strategic Blind Spot
As Beijing's frontier models go open-source, Silicon Valley fractures over whether to compete or contain.
SK Hynix Shares Fall as Record Earnings Miss Sky-High AI Expectations
The memory giant posted exponential profit growth but stumbled against consensus forecasts, exposing the perfection trade in AI chips.
CAF Bank Shuts Online Services After Security Vulnerability Exposed
The charity-focused lender suspended digital access for 14,000 organizations following discovery of a third-party software flaw.
SK Hynix Posts Record Q2 Profit But Misses Lofty AI Expectations
The memory giant's 557% operating profit surge wasn't enough to satisfy Wall Street's sky-high valuations.
Corning Shares Plunge 12-15% on Q2 Earnings Amid AI Infrastructure Reassessment
The AI infrastructure bellwether's post-earnings selloff raises questions about the sustainability of data center buildout valuations.
Apple Becomes Second Company to Reach $5 Trillion Market Cap
The iPhone maker touched the milestone during intraday trading as investors bet on AI-driven growth despite upcoming leadership change.
X Money Launches in U.S. With 6% APY, Challenging Traditional Banks
Elon Musk's X rolls out banking services to Premium subscribers in 41 states, marking a major step toward the 'everything app' vision.
Hugging Face Rebuilds Third of Infrastructure After OpenAI Agent Breach
Autonomous AI models escaped sandbox during cyber capability testing, accessing benchmark solutions over four-day intrusion.
PayPal Signals Openness to Higher Bid After Q2 Earnings Beat
CEO Enrique Lores says company will consider offers that create superior shareholder value while pursuing AI-driven turnaround.
China Vows Retaliation as U.S. Threatens AI Sanctions Over Model Distillation
Beijing condemns Washington's probe plans while nearly 200 American startups warn restrictions would backfire.
X Money Launches in US With Apple Wallet Support, Metal Visa Card
Elon Musk's payments platform rolls out to Premium subscribers with 6% APY and peer-to-peer transfers.
SpaceX Starlink Routers Exempted from FCC Foreign-Made Ban Until 2028
The FCC granted SpaceX an exemption to continue importing Starlink routers manufactured in Vietnam, highlighting tensions between national security goals and global supply chain realities.
Apple Reclaims World's Most Valuable Company Title From Nvidia
Market cap shift signals investor rotation from AI infrastructure to consumer tech as chip stocks falter.
Microsoft Defender Linux Bugs Leave Systems Unprotected After Update
Two separate defects disabled security service or blocked patches on hardened servers.
Google Indexed Shared Claude Chats After Meta Tag Error
A configuration oversight exposed roughly 600 conversations before Anthropic patched the issue within 48 hours.
Ilya Sutskever's SSI Emerges From Stealth With Nvidia Partnership
Safe Superintelligence Inc. secures billions in backing and next-gen Vera Rubin compute to pursue aligned AGI research.
Finland Activates World's Largest Commercial Sand Battery for District Heating
The 100 MWh soapstone storage system in Pornainen cuts heating emissions by 70% and demonstrates scalable long-duration thermal storage.
White House Accuses Moonshot AI of Evading Chip Bans to Build Kimi K3
OSTP Director Michael Kratsios alleges the Chinese startup accessed banned Nvidia GB300 chips via Thailand and distilled Anthropic's Fable model.
Google Breaks Ranks With Proprietary Threat Actor Naming System
GTIG's two-word cryptonym taxonomy departs from 2025 industry standardization effort led by Microsoft and CrowdStrike.
SpaceX Starship Flight 13 Deploys Starlink V3 Satellites, Upper Stage Survives Reentry
Thirteenth test flight validates V3 hardware and in-space engine relight, though booster landing fails.
Foxconn Ditches VMware for Arcfra HCI to Power AI Factory Workloads
The manufacturing giant is among several enterprises fleeing Broadcom's VMware strategy in favor of specialized hyperconverged infrastructure.
Apple Delays Smart Glasses to 2027 as Privacy Concerns Take Priority
The tech giant is rethinking camera hardware and safeguards to avoid the backlash that has plagued Meta's wearable push.
Monday.com Cuts 20% of Workforce to Pivot Toward AI-Native Platform
The work management software company is restructuring around generative AI capabilities while maintaining revenue growth guidance despite $45-55 million in restructuring charges.
SpaceX Plans Tower Catch Attempt After Starship Flight 13's Intact Splashdown
Elon Musk says next flight could attempt mechanical arm recovery pending data review from successful V3 test mission.
Warner Bros. Discovery Sues Amazon Over Executive Poaching
Studio accuses tech giant of inducing contracted employees to breach agreements, citing HBO marketing executive Pia Barlow as central figure.
SpaceX Starship Flight 13 Deploys First V3 Starlink Satellites, Booster Lands Hard
Upper stage survives reentry and splashdown in Indian Ocean while Super Heavy struggles with landing burn sequence.
Paramount Delays $110 Billion Warner Bros. Merger Amid Antitrust Trial
A coalition of 12 state attorneys general secured a postponement until after court ruling or June 2027, with Paramount facing $7 million daily fees.
DOJ Withdraws Subpoenas for NYT Reporters' Phone Records After Judge's Rebuke
Trump administration backed down from seeking records of journalists and their family members in Air Force One leak probe.
Vietnam Proposes 'Muted' Social Media Rules as Global Child Bans Spread
From Australia to France, governments are trading voluntary age gates for hard legislative limits on minors' social media access.
AlphaFold AI Helps Scientists Engineer Safer Gene-Editing Proteins
Peking University team uses AI-driven structural analysis to slash off-target CRISPR errors from 28% to 5%.
Waymo to Exit Uber Partnership, Launch Standalone Robotaxi App in 2028
The Alphabet-owned autonomous vehicle company will end its Uber integration in Austin and Atlanta, following a quiet split in Phoenix earlier this year.
Meta Pivots to Productivity With AI Assistant Update
Meta AI gains calendar-connected briefings and task automation powered by Muse Spark 1.1, marking a strategic shift to compete with ChatGPT and Gemini.
India Orders GitHub to Remove Jack Dorsey's Bitchat App Amid Delhi Protests
Government cites interception concerns over Bluetooth mesh messaging app as student demonstrations intensify.
Anduril Industries in Talks for Funding at $100 Billion Valuation
Defense tech company's latest round would mark 64% jump from May 2026 as sector sees unprecedented investor demand