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August 23, 2025, 2:35 AM
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| Wall Street Journal: |
The US government takes a 10% stake in Intel; Howard Lutnick said earlier the US won't be on the board or play a role in Intel's governance; INTC closes up 5%+ — Conversion of Chips Act grants to equity will likely be followed by other moves to help troubled chip maker, analysts say
More: New York Times, Wired, Ars Technica, CNBC, Bloomberg, Reuters, NBC News, The Last Refuge, Associated Press, Washington Post, The Independent, Oregonian, WBHM 90.3, Shacknews, Barron's Online, Raw Story, PCMag, TechCrunch, XDA Developers, SiliconANGLE, Newser, MarketWatch, BBC, ZeroHedge News, Engadget, Gizmodo, CBS News, RedState, Fierce Electronics, Benzinga, Yahoo Finance, Yeni Şafak, Windows Central, Financial Times, Just The News, and Mediaite
Bluesky: @scottjshapiro, @jeffyguy, @jennifertaub.com, @wittywebhandle, @bob-nc, @maxkennerly, @originalsp.in, @ladeziree, @bmsimp, and @gtjr. Truth Social: @realDonaldTrump …. Mastodon: @harrymccracken@mastodon …
Threads: @carnage4life and @martinsfp
X: @howardlutnick, @spencerhakimian, @matthew_d_green, @jillwinebanks, @jhweissmann, @atrupar, @rakeshsfnyc, @atrupar, @denver4va, @sullycnbc, @madrid_mike, @nicksortor, @scottlincicome, @buccocapital, @stanveuger, @michaeldweiss, @charlescwcooke, @atrupar, @semianalysis_, @scottlincicome, @benbajarin, @danieldimartino, @govpressoffice, @govpressoffice, @danielnewmanuv, @esrtweet, @neoavatara, @juliaioffe, @danrshafer, @danprimack, @goldman, and @patrickmoorhead
| Intel: |
Intel says the US will make an $8.9B investment by purchasing 433.3M primary shares of Intel common stock for $20.47/share; INTC closed on August 22 at $24.80 — U.S. Government to make $8.9 billion investment in Intel common stock as company builds upon its more than $100 billion expansion of resilient semiconductor supply chain
More: The Verge, Washington Post, Tom's Hardware, UPI, TheStreet, The Register, Business Insider, 9to5Mac, TipRanks Financial, Investor's Business Daily, Lexington Institute, Politico, Yahoo Finance, DigiTimes, KMUW, Portland Business Journal, Phoenix Business Journal, Newsweek, Thurrott, The Japan Times, Washington Examiner, and Bloomberg Law
Bluesky: @bjmquinn, @rmfifthcircuit, @quantian, @ncweaver.skerry-tech.com, and @peark.es. X: @iancutress
LinkedIn: Mike Demler, Michelle Johnston Holthaus, and David Zinsner
Forums: r/intelstock, r/NVDA_Stock, and r/intel
| Mark Gurman / Bloomberg: |
Sources: Apple is in talks with Google about using Gemini to power a revamped Siri; Google has started training a model that could run on Apple's servers — Apple Inc. is in early discussions about using Google Gemini to power a revamped version of the Siri voice assistant …
More: Reuters, 9to5Mac, Benzinga, MacRumors, Moneycontrol, CNBC, Livemint, The Verge, PhoneArena, Android Authority, Cult of Mac, iThinkDifferent, Shacknews, The Information, Investor's Business Daily, BGR, TipRanks Financial, Tom's Guide, Macworld, Implicator.ai, CNET, iDownloadBlog.com, iDrop News, Philip Elmer‑DeWitt, Engadget, iClarified, Android Headlines, crypto.news, TechCrunch, AppleInsider, Mobile World Live, Notebookcheck, MacDailyNews, and Sherwood News
Bluesky: @viticci.macstories.net, @camsavage00, @colindurant, and @caseynewton
Mastodon: @harrymccracken@mastodon …, @joesteel@duck.haus, and @viticci@mastodon …. Threads: @wongmjane
X: @markgurman, @benbajarin, @loudmouthjulia, @rohanpaul_ai, @nirave, @mkbhd, @stevesi, @shaig, @markgurman, @jerrycap, @shaig, @patrickmoorhead, @scobleizer, and @rihardjarc
Forums: r/singularity, r/google, r/GeminiAI, r/GOOG_Stock, r/wallstreetbets, r/apple, Slashdot, and MacRumors Forums
| Sarah Perez / TechCrunch: |
Bluesky blocks access to its service in Mississippi, saying it doesn't have the resources to comply with the state's broad new law requiring age verification — Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law.
More: Bluesky, Wired, Mississippi Free Press, The Verge, TheDesk.net, PC Gamer, Six Colors, and Simon Willison's Weblog
Bluesky: @bsky.app, @ike55, @waxy.org, @donmoyn, @poopraven, @ajbauer, @peark.es, @klonick, @kattenbarge, @catalystmeow, @blackamazon, and @acvalens.net
Mastodon: @joeo10@mastodon.sdf.org and @thenexusofprivacy …
X: @klonick, @loudmouthjulia, @paul_taske, and @loudmouthjulia
Forums: Hacker News, r/technology, r/BlueskySocial, r/privacy, and Slashdot
| Andy Mukherjee / Bloomberg: |
India's move to ban online real-money games over addiction and money laundering concerns appears valid, but it may push users toward offshore crypto casinos — Cricket wagers will move offshore, with crypto becoming the preferred currency. — India has stunned its online gaming industry …
More: Times of India, News18, Reuters, The Indian Express, Moneycontrol, TechCrunch, PennLive, BusinessCloud, and Al Jazeera
| Alexandr Wang / @alexandr_wang: |
Meta announces a partnership with Midjourney to license the startup's “aesthetic technology” for Meta's future models and products — 1/ Today we're proud to announce a partnership with @midjourney, to license their aesthetic technology for our future models and products, bringing beauty to billions.
More: Upstarts Media, Financial Times, Yahoo Finance, The Information, Implicator.ai, CNET, VentureBeat, The Verge, Mashable, and Bloomberg
X: @davidsholz, @alexrkonrad, @_arohan_, @alexrkonrad, @suchenzang, @nikshepsvn, @davidsholz, @scobleizer, @suchenzang, and @willccbb. Forums: r/BetterOffline
| Paige Smith / Bloomberg: |
Sources: Visa shut down its open-banking business in the US amid regulatory uncertainty; the unit provided tools to help fintechs access customer-account data — Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect … | Newley Purnell / Bloomberg: |
Apple sues ex-staffer for allegedly stealing Watch trade secrets to benefit Oppo before leaving Apple in June, claims Oppo knew of and encouraged his actions — Apple Inc. accused smartphone maker Oppo in a lawsuit of poaching a highly paid member of the Apple Watch team and encouraging …
More: Livemint, MacRumors, United States District Court, AppleInsider, The Mac Observer, Android Authority, 9to5Mac, PhoneArena, The Verge, and MacTech.com
Forums: r/AppleWatch and MacRumors Forums
| Samantha Subin / CNBC: |
NYC grants Waymo its first permit, which extends through late September, to test up to eight of its autonomous vehicles in Manhattan and Downtown Brooklyn — Waymo is getting one step closer to rides in New York City. — The Alphabet autonomous vehicle subsidiary received its first permit …
More: City of New York, TechCrunch, The Verge, New York Post, 6sqft, StateScoop, GovTech, Associated Press, Gothamist, The Robot Report, Fast Company, Gizmodo, NBC Bay Area, Forbes, TipRanks Financial, CBT News, New York Daily News, Reuters, MarketWatch, Business Insider, and Sherwood News
LinkedIn: Leticia, Suzanne Philion, Matthew Walsh, and Saswat Panigrahi
Forums: Hacker News, r/technews, r/newyork, r/newyorkcity, r/technology, r/nyc, r/SelfDrivingCars, r/waymo, and Slashdot
| Dean Seal / Wall Street Journal: |
FanDuel partners with CME Group to offer event-based contracts, letting users wager “yes” or “no” on financial events and benchmarks, starting later this year — The sports-betting platform's deal with CME Group might ultimately lead it to making markets for sports-related events| Business Insider: |
A surge in AI company valuations is driving the popularity of special purpose vehicles, but some involve high fees, opaque structures, and layers of middlemen — - SPVs have been surging in popularity as retail investors scramble for stock in hot AI companies.| CNBC: |
Sources: Meta plans to launch its first glasses with a display and a wristband that lets users control the glasses with hand gestures, at Connect in September — Meta is planning to use its annual Connect conference next month to announce a deeper push into smart glasses …
More: The Verge and AR Insider
| Lisa Wang / Taipei Times: |
TSMC's financial statement shows the company booked its first profit from its four-year-old Arizona subsidiary in H1 2025, reporting $150.1M in net profit — Taiwan Semiconductor Manufacturing Co (TSMC, 台.電), the world's biggest contract chipmaker, booked its first-ever profit … | Wall Street Journal: |
Sources: Nvidia has shown new versions of its Blackwell-based AI chips for Chinese customers to US officials, including one with ~80% of the peak performance — Chip designer hopes Trump will approve new design for sale in China, after Beijing tells its companies not to buy older product
More: TechCrunch, New York Post, PC Gamer, The Information, ZeroHedge News, and The Information
| Tanaya Macheel / CNBC: |
Ether surged 15% late Friday, rising as high as $4,885 and surpassing its November 2021 record of $4,866.01 after Fed Chair Jerome Powell hinted at rate cuts — The price of ether smashed through its 2021 record on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode.| Krystal Hu / Reuters: |
Databricks plans to acquire Tecton, which helps companies build and deploy ML applications, for an undisclosed sum; Tecton was valued at $900M in 2022 — Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed … Sponsor Posts
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