| Rolfe Winkler / Wall Street Journal: |
Apple raises Mac, iPad, and other product prices by 15%-25%, saying it has “never seen a component price increase this much, this quickly”; iPhone is unchanged — Increases come a week after Tim Cook said higher memory costs made them ‘unavoidable’| MacKenzie Sigalos / CNBC: |
Apple stock closed down 6.15% on Thursday after the company raised some product prices, its worst fall since April 2025 — Apple on Thursday announced price hikes on MacBooks and iPads, its first formal move to pass higher memory and storage costs on to consumers after CEO Tim Cook said increases had become unavoidable.| Mark Gurman / Bloomberg: |
Apple says “the rapid expansion of AI data centers has created an extraordinary surge in demand for memory and storage”; the MacBook Neo rises from $599 to $699 — Apple Inc. shares fell after it raised prices of all Macs, iPads, home devices and the Vision Pro on Thursday … | Justin Lahart / Wall Street Journal: |
| New York Times: |
Sources: OpenAI leans toward holding off its IPO until 2027 after warnings that Sam Altman's desired $1T valuation may not be met in current market conditions — The A.I. company's advisers are pushing its chief executive, Sam Altman, to move slowly after SpaceX's stock has been volatile … | The Information: |
Sources: Sam Altman told staff the US government asked OpenAI to stagger the release of GPT-5.6 over security concerns, approving “access customer by customer” — For AI companies on the verge of releasing cutting edge new AI models, there's a new normal in the wake … | Kenneth Shepard / Kotaku: |
Microsoft says the price of Xbox consoles will increase on August 1 by $100 for 512GB models and $150 for 1TB models, the third price increase since 2025 — Microsoft is increasing the prices of Xbox Series consoles once more and introducing a ‘Buy Now, Pay Later’ option| Om Malik / On my Om: |
| Samantha Subin / CNBC: |
Chipmaker Onsemi agrees to buy Synaptics in a nearly $7B all-stock deal expected to close in the middle of 2027; ON drops 9%+ and SYNA jumps 11%+ after hours — ON Semiconductor has agreed to buy Synaptics in a nearly $7 billion all-stock deal to bolster its push into physical artificial intelligence technology.| Mark Gurman / Bloomberg: |
Sources: Apple plans to skip higher-end M6 chips and launch its next Pro and Max chips in 2027 as part of the M7 lineup, to boost on-device AI capabilities — Apple Inc. is making one of the biggest-ever changes to its Mac silicon strategy, preparing to jump ahead to a new artificial … | Ethan Gach / Kotaku: |
Sony's Bungie says it is laying off a “significant number of employees”, including “most of the Destiny team”; Bungie has an estimated headcount of 800 — The studio said the sci-fi MMO failed to meet expectations … The studio announced a “reduction in force” … | Don Clark / New York Times: |
IBM details a 0.7nm chip manufacturing process that utilizes a “nanostack” 3D transistor architecture, which it says could continue chip innovation for 10 years — Industry leaders had worried that innovations in chip miniaturization were no longer possible.| Zac Bowden / Windows Central: |
Microsoft quietly extends the Extended Security Updates program for Windows 10 consumers by a year, letting eligible users get updates through October 12, 2027 — Windows 10's ESU program has been quietly extended by an extra year, now ending on October 12, 2027 instead of October 2026.| Lucas Ropek / TechCrunch: |
YouTube rolls out changes to Shorts, including adding a setting to double playback speed, eliminating the “dislike” button, and more — YouTube is rolling out a series of changes to Shorts, including a new method that lets users shrink the duration of short form videos.| Zac Hall / 9to5Mac: |
Notion plans to shut down its Gmail client Notion Mail on September 22 and go “all in” on AI agents to run inboxes, saying 50%+ of users do not open the inbox — Last year, Notion expanded its productivity suite to include Notion Mail, an AI-powered email client.| Aisha Malik / TechCrunch: |
Google launches a Google Finance app for Android, with market data, financial news, and an AI-powered “Key Moments” feature, and plans an iOS version this year — Google on Thursday launched a dedicated mobile app for Google Finance that houses users' watchlists and provides real … | Reuters: |
Apple says it removed VK's apps from the App Store to comply with sanctions; VK says they were removed without warning and it has never been under US sanctions — The Kremlin demanded an explanation from Apple (AAPL.O) on Thursday after several Russian mobile apps related … | Jo Constantz / Bloomberg: |
California launches a tool to serve as an “early warning system” for widespread AI-driven job loss, linking AI exposure with unemployment insurance claims — Politicians like California Governor Gavin Newsom are under pressure to appear proactive in the face of the technology's threat to the labor market| Marina Temkin / TechCrunch: |
Patronus AI, which builds simulated digital environments for evaluating AI agents, raised a $50M Series B led by Greenfield, bringing its total funding to $70M — AI agents are becoming more sophisticated. They are evolving from answering questions to autonomously executing multi-step complex tasks.| Ann Gehan / The Information: |
Source: Google is asking publishers that test new AI features in Google News to grant it broad rights to their content, including to potentially train AI models — Google is tightening the screws on news publishers. — In recent months, the tech giant has been pitching publishers … | Cailey Gleeson / Fierce Healthcare: |
Upside, which provides social workers with AI-powered housing insights, raised a $20M Series A led by Aquiline with Flare Capital, 645, and others participating — funding round series A Payers Medicaid — Upside, a scalable housing stability platform, banked a $20 million series … | Richard Speed / The Register: |
Elastic announces a ~7% reduction in its workforce, and says “advances in AI and automation are letting us operate with leaner teams”; ESTC closed down 8.70% — CEO says automation is enabling leaner teams as engineering is split into three core areas| Sean O'Kane / TechCrunch: |
NHTSA proposes eliminating the mandate for manual brake pedals in “vehicles designed to be driven exclusively by automated driving systems” — The Trump administration's Department of Transportation (DOT) has proposed new changes to federal vehicle regulations that would allow companies … | David Politis / Utah Money Watch: |
| Katrina Manson / Bloomberg: |
Doc: the DOD has quietly revised its doctrine on how the US military picks its targets, envisioning “systems where AI initiates actions with human monitoring” — The Pentagon has quietly revised its doctrine on how the US military picks its targets in battle … | Olivier Acuna / CoinDesk: |
Story Protocol, a blockchain-based IP ownership network that raised $140M, rebrands as Data Foundation to build an on-chain registry for AI training data — Palo Alto-based blockchain startup Story Protocol is rebranding as DATA Foundation and shifting its focus entirely to AI training infrastructure … | Ram Iyer / TechCrunch: |
Netris, which helps neoclouds automate network configuration to bring their data centers online faster, raised a $15M Series A from a16z — The AI boom has encouraged everyone and their uncle to launch a data center business. But spinning up a data center isn't easy.| Milana Vinn / Reuters: |
Sources: Bumble explores a sale amid slowing growth in the online dating sector; its shares fell 48% over the past 12 months, giving it a market cap of $388M — Dating app Bumble (BMBL.O) is exploring a sale amid slowing growth in the online dating sector, according to three people familiar with the matter.
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