| Jay Peters / The Verge: |
Sony says it is raising PlayStation 5 prices by $50 for all models in the US due to a “challenging economic environment”, starting on August 21 — The prices will go up by $50 for all three models. … Sony is raising the price of all PS5 models by $50 in the US due to a … | Tom Warren / The Verge: |
Microsoft and Asus plan to launch the Xbox Ally and Xbox Ally X handhelds on October 16; leaks suggest the Ally and Ally X will cost €599 and €899, respectively — Microsoft also has a handheld compatibility program to showcase which games run well on the new Xbox Ally devices.| ProPublica: |
Document: Microsoft's 2025 System Security Plan submitted to the DOD, dated February 28, failed to disclose China-based engineers maintaining DoD cloud systems — The tech giant is required to regularly provide U.S. officials with its plan for keeping government data safe from hacking.| Ryan Gallagher / Bloomberg: |
Microsoft says it curtailed Chinese companies' access to advance vulnerability notifications via MAPP starting in July, after probing the SharePoint breach — Microsoft Corp. has curtailed Chinese companies' access to advance notifications about cybersecurity vulnerabilities in its technology … | Iain Martin / Forbes: |
Grok's “share” button generates a unique URL that makes users' chats searchable on Google, Bing, and DuckDuckGo; Google has indexed 370K+ Grok conversations — xAI made people's conversations with its chatbot public and searchable on Google without warning … | Financial Times: |
The Nasdaq fell 1.4% on August 19, as Nvidia dropped 3.5% and Arm 5%, with AI enthusiasm cooling after a critical report from MIT and a warning from Sam Altman — Warning from OpenAI's Sam Altman and MIT paper puncture Wall Street's enthusiasm — US tech stocks sold off as warnings … | Reuters: |
Sources: US Commerce Secretary Howard Lutnick is looking into government equity stakes in Micron, TSMC, Samsung, and others that receive CHIPS Act funding — U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers … | CNBC: |
US Commerce Secretary Howard Lutnick says that Intel must give the government an equity stake in the company in return for CHIPS Act funds; INTC closed up 6.97% — Commerce Secretary Howard Lutnick said Tuesday that Intel must give the U.S. government an equity stake in the company in return for CHIPS Act funds.| Greg Bensinger / Reuters: |
Sources: Amazon plans to revamp its Fire tablets and release a higher-end Android tablet as soon as 2026, after using its Android-forked Fire OS since 2011 — Amazon (AMZN.O) is plotting a big change to its Fire tablet lineup following years of escalating gripes from consumers and app developers … | Brian Schwartz / Wall Street Journal: |
Sources: Elon Musk is quietly pumping the brakes on his plans to start a US political party, telling allies he wants to focus his attention on his companies — The billionaire has sought to maintain ties with JD Vance, a potential heir to Trump's MAGA political movement| Tom McArthur / BBC: |
Kick says it is “urgently reviewing” the circumstances around the death of a French livestreamer subjected to violence and sleep deprivation during streams — An investigation has been launched into the death of a French streamer known for extreme challenges.| John Semley / Wired: |
A look at the 2025 AI Film Festival, backed by Runway AI and screened by Imax; some cinephiles deride it while others say it's part of a natural tech evolution — From a POV butterfly larvae doc to something that resembled a perfume commercial, Runway AI's film festival selections did little to convince me of AI's artistry.| Brody Ford / Bloomberg: |
Sources: Oracle is on the hook for tens of billions to build unprecedentedly large data centers, including $1B+ per year on a gas-powered megasite in West Texas — Oracle Corp.'s Larry Ellison used to scoff at the idea of cloud computing, saying in 2008 that it was “complete gibberish.”| Jaspreet Singh / Reuters: |
| Dan Primack / Axios: |
FieldAI, which is developing “brains” for robots, raised $405M at a $2B post-money valuation from Nvidia and others; FieldAI raised an initial $91M in late 2024 — FieldAI, a California-based developer of “brains” for robots, raised $405 million in venture capital funding at a $2 billion post-money valuation.| Sean Endicott / Windows Central: |
Microsoft adds a COPILOT function to Excel for Beta Channel users, letting them use text prompts to categorize data, summarize feedback, and brainstorm ideas — AI in Excel finally feels natural thanks to the new COPILOT function. … Or rather, more Copilot is being packed into the popular spreadsheet program.| Financial Times: |
Sources: US Treasury Secretary Scott Bessent bets stablecoins will bolster demand for Treasuries, as talks with Tether and Circle help inform issuance decisions — Treasury secretary's discussions with crypto groups have helped inform issuance decisions — Treasury secretary Scott Bessent … | Jess Weatherbed / The Verge: |
Google hires NBA star Stephen Curry as a “performance advisor” for its Health, Pixel, and Cloud products, including testing Fitbit's new personal health coach — Curry's role as Google's ‘performance advisor’ will involve providing feedback for Health, Pixel, and Cloud products.| Molly White / Citation Needed: |
A look at Justin Sun's lawsuit against Bloomberg for publishing his crypto assets, which he says he shared confidentially to qualify for its Billionaires Index — Listen to me read this post here (not an AI-generated voice!), subscribe to the feed in your podcast app, or download the recording for later.| Olivia Poh / Bloomberg: |
Canva launches a staff stock sale to new and existing investors at a $42B valuation, up 30%+ from $32B in 2024, reports $3.3B+ annualized sales and 240M+ MAUs — Get the Tech In Depth newsletter. — Analysis and scoops about the business of technology from Bloomberg's journalists around the world.| New York Times: |
Sources: Meta considers downsizing its AI division, with some executives expected to leave, and is exploring using third-party models to power its AI products — Meta is expected to announce a new restructuring of its artificial intelligence division amid internal tensions over the technology, people with knowledge of the plans said.| Steve Holland / Reuters: |
The White House launches an official TikTok account, aiming to communicate President Trump's messages; the first video shows Trump declaring “I am your voice” — The White House launched an official TikTok account on Tuesday, taking advantage of the short video app's … | Reuters: |
Sources: China is considering allowing yuan-backed stablecoins to boost yuan adoption globally and its State Council may approve a roadmap later in August — China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally … | Kanishka Singh / Reuters: |
US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encrypted data — Britain has dropped its demand for the iPhone maker Apple (AAPL.O) to provide a “backdoor” that would have enabled access … | Rani Molla / Sherwood News: |
YouGov: 59% of US adults use AI assistants to check the weather, 51% to play music, 47% to get answers from the web, and 40% for timers, mirroring usage in 2018 — Digital assistants can do more but not well or consistently. — 16h — Google, Amazon, and Apple are all upgrading … | Krystal Hu / Reuters: |
TinyFish, which develops AI-powered web agents that automate complex online tasks like dynamic price surveillance, raised a $47M Series A led by ICONIQ Capital — AI startup TinyFish has raised $47 million in a Series A funding round led by ICONIQ Capital to scale its platform for building …
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| Krisztian Sandor / CoinDesk: |
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| Kashish Tandon / Reuters: |