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August 7, 2025, 11:35 AM
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Peter Elstrom / Bloomberg:
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 …
Max A. Cherney / Reuters:
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 …
Tom Warren / The Verge:
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.’
Alexey Shabanov / TestingCatalog:
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
Financial Times:
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:
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
Hadriana Lowenkron / Bloomberg:
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
More: Apple, Business Insider, Reuters, BNN Bloomberg, Sherwood News, Android Headlines, ComputerWeekly.com, PocketGamer.biz, MacRumors, Investopedia, CNBC, The Guardian, AppleInsider, SamMobile, Moneycontrol, The Mac Observer, International Business Times, Sky News, Seeking Alpha, Digit, Cult of Mac, Mobile World Live, Nikkei Asia, CNBC, The Joy of Tech, MarketWatch, Benzinga, Livemint, WSVN-TV, SiliconANGLE, PYMNTS.com, iPhone in Canada, 9to5Mac, The Hindu BusinessLine, Australian Financial Review, iDrop News, Capital Brief, MacStories, AppleInsider, BBC, iClarified, Salt Lake Tribune, CNBC, Associated Press, Fox Business, Yahoo Finance, Associated Press, AppleInsider, 9to5Mac, The Verge, CNBC, MacRumors, Time, USA Today, MarketWatch, The Hill, NBC News, Cheddar, Reuters, Business Insider, CNBC, Los Angeles Times, The Information, TheStreet, CNBC, UPI, Benzinga, Al Jazeera, Wall Street Journal, Motley Fool, Philip Elmer‑DeWitt, Semafor, New York Times, New York Times, TechCrunch, Cult of Mac, and CNBC
Bluesky: @carnage4life.  Threads: @aaron.rupar.  X: @munster_gene, @jukanlosreve, @radiofreetom, @acyn, @pkafka, @adamscochran, @senbillcassidy, @republicanstudy, @mpmaterials, @whitehouse, @scavino47, @rapidresponse47, @firstadopter, @ositanwanevu, @sbg1, @whitehouse, @patrickmcgee_, @patrickmcgee_, @benbajarin, @sba_kelly, @whitehouse, @markgurman, @acyn, @charliekirk11, @jamessurowiecki, @divestech, @presssec, @pitdesi, @tim_cook, @markgurman, @amitisinvesting, @markgurman, @presssec, @susanlitv, @hlowenkron, and @weijia
Forums: r/business, r/apple, r/technology, r/intelstock, r/politics, and MacRumors Forums
Bloomberg:
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 …
Kosaku Narioka / Wall Street Journal:
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 …
Politico:
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.
Hannah Lang / Reuters:
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 …
Matthew Gault / 404 Media:
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.
Reuters:
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.

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From Mediagazer

David Folkenflik / NPR:
NPR receives two of its largest ever gifts: $80M for innovation in use of digital tech and $33M to build and buy tools to be shared with US public media orgs

Daniel Thomas / Financial Times:
The UK CMA tells Getty Images to sell Shutterstock's editorial business, which includes Backgrid and Splash, to secure approval for the $3.7B merger of the two

Dylan Byers / Puck:
Sources: Vox Media CEO Jim Bankoff is likely to strike multiple deals in coming weeks to sell off assets, including the Podcast Network, The Verge, and NYMag

More News

Adam Levine / Barron's Online:
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%+

Earlier Picks

Liz Reid / The Keyword:
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
Bloomberg:
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
Jagmeet Singh / TechCrunch:
Google launches its asynchronous coding agent Jules out of beta, with a free plan capped at 15 daily tasks but 5x and 20x limits for Google AI Pro and Ultra
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