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August 7, 2025, 2:10 PM
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Top News

Alex Heath / The Verge:
OpenAI releases GPT-5, its new flagship model, to all of its ChatGPT users and developers, available in three flavors via the API  —  GPT-5 is ‘the best model in the world’ at coding and writing, says OpenAI CEO Sam Altman. … CEO Sam Altman says GPT-5 is a dramatic leap from OpenAI's previous models.
Simon Willison / Simon Willison's Weblog:
GPT-5 hands-on: it exudes competence but doesn't feel like a dramatic leap ahead of other LLMs, and the pricing is aggressively competitive with other providers
Rachel Metz / Bloomberg:
OpenAI launches a research preview of four preset personalities for ChatGPT users to better tailor their interactions: Cynic, Robot, Listener, and Nerd
OpenAI on YouTube:
A livestream of OpenAI's GPT-5 announcement
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 …
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 …
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 …
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 …
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
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.
Humeyra Pamuk / Reuters:
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 …
More: The Register, Euractiv, and Benzinga
Bluesky: @claesdevreese.  X: @globalaffairs.  Forums: r/worldnews and r/europe
Stephanie Palazzolo / The Information:
Source: OpenAI awards bonuses to ~1,000 research and engineering employees, or ~30% of its staff, ranging from several hundred thousand to millions of dollars  —  OpenAI is paying bonuses to around 1,000 employees on its technical research and engineering teams, or about a third of the company …
More: Benzinga.  Threads: @carnage4life.  X: @willblaze, @yuchenj_uw, and @steph_palazzolo.  Forums: Slashdot
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.
Naga Avan-Nomayo / The Block:
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.

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From Mediagazer

Charles Gasparino / New York Post:
Sources: Paramount Skydance is in talks with private equity firms including Apollo Global Management to join its potential $60B bid for Warner Bros. Discovery

CNN:
The Pentagon Press Association formally objects to Defense Department rules “that appear designed to stifle a free press” and “further isolate reporters”

Daniel Thomas / Financial Times:
Leonard Blavatnik injects $587M into DAZN, taking his total investment above $7B in under a decade; DAZN losses narrowed last year to $936M from $1.4B in 2023

More News

Earlier Picks

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%+
Natalie Lung / Bloomberg:
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%+
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