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August 7, 2025, 12:10 PM
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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
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 …
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  —  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, MacRumors, CNBC, PocketGamer.biz, Investopedia, The Guardian, SamMobile, Moneycontrol, The Mac Observer, International Business Times, Sky News, Seeking Alpha, Digit, Mobile World Live, Nikkei Asia, CNBC, Benzinga, The Joy of Tech, MarketWatch, AppleInsider, Livemint, WSVN-TV, SiliconANGLE, PYMNTS.com, iPhone in Canada, 9to5Mac, The Hindu BusinessLine, Australian Financial Review, iDrop News, 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, @whitehouse, @patrickmcgee_, @patrickmcgee_, @benbajarin, @sba_kelly, @whitehouse, @markgurman, @charliekirk11, @jamessurowiecki, @divestech, @sbg1, @acyn, @presssec, @pitdesi, @tim_cook, @markgurman, @amitisinvesting, @markgurman, @presssec, @susanlitv, @hlowenkron, and @weijia
Forums: r/business, r/NoShitSherlock, r/apple, r/technology, r/intelstock, r/politics, and MacRumors Forums
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.
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
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.
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.
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%+  —  Airbnb Inc. shares slid in Thursday trading after the short-term rental company warned that sales growth may moderate in the second half of the year.
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.
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  —  We continue to send billions of clicks to the web every day and are committed to prioritizing the web in our AI experiences in Search.

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From Mediagazer

Sara Guaglione / Digiday:
WaPo has launched its creator network, where half a dozen creators will launch new series every few weeks in different verticals and retain IP ownership

Jessica Hill / Associated Press:
The Las Vegas Review-Journal stops printing the Las Vegas Sun, ending the last joint operating deal stemming from a 1970 law; the Sun vows to fight in court

Michael Calderone / The Wrap:
The Atlantic hired ~30 WaPo reporters in the last couple of years, including four since WaPo's cuts, indicating WaPo retention issues; Atlantic has 200+ staff

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%+
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
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