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August 23, 2025, 8:10 PM
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| New York Times: |
Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity — The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.
More: The Hill, Boston Herald, The Guam Daily Post, Business Standard, RedState, Reuters, The Independent, Nikkei Asia, Fierce Electronics, Fortune, Oregonian, Washington Examiner, Yahoo Finance, Axios, The American Conservative, and Bloomberg Law
X: @repgregstanton, @kelseytuoc, @kelseytuoc, @petereharrell, @peterschiff, @repthomasmassie, @dvassallo, and @deliprao. Bluesky: @suzysuzanne. Mastodon: @briankrebs@infosec.exchange. Forums: Ars OpenForum
| 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: TechCrunch, Washington Post, The Verge, PCWorld, Notebookcheck, Washington Post, Tom's Hardware, UPI, The Register, Phoenix Business Journal, DigiTimes, KMUW, TheStreet, channelfutures, Yahoo Finance, Portland Business Journal, Politico, Engadget, SiliconANGLE, Newsweek, The Japan Times, Thurrott, Business Insider, 9to5Mac, Investor's Business Daily, TipRanks Financial, Lexington Institute, and Bloomberg Law
X: @ninaburleigh, @atrupar, @samstein, and @repthomasmassie
LinkedIn: Mike Demler, Michelle Johnston Holthaus, and David Zinsner
Bluesky: @peark.es, @rmfifthcircuit, @ncweaver.skerry-tech.com, @bjmquinn, and @quantian
Forums: r/LinusTechTips, r/technology, r/intel, r/NVDA_Stock, r/intelstock, and r/intel
| Reuters: |
Some experts say Trump's extraordinary intervention is unlikely to save Intel, which faces challenges with poor yields and competition from TSMC and Nvidia — U.S. President Donald Trump is injecting nearly $9 billion into Intel(INTC.O) in exchange for a 9.9% equity stake.
More: New York Times, Motley Fool, and Associated Press
X: @nikkihaley, @maddenifico, @jhweissmann, @jackbmeyer, @scottlincicome, @chesschick01, @kingforutah, @ianbremmer, @kirkwilcox, @esrtweet, @justinwolfers, @microsamonomics, @jonmasters, @iancutress, @justinamash, @scholars_stage, @jamessurowiecki, @charlesmurray, @danprimack, @benbajarin, @aaronblake, @scottlincicome, @scottlincicome, @jmhorp, @danielnewmanuv, @patrickmoorhead, and @iancutress
Bluesky: @ahaberlach and @michaelsderby
Forums: r/politics, Slashdot, and Slashdot
| Wall Street Journal: |
More: Wired, Ars Technica, Associated Press, Reuters, CNBC, BBC, Bloomberg, NBC News, Mediaite, Yahoo Finance, Notebookcheck, Associated Press, The Last Refuge, Washington Post, XDA Developers, MarketWatch, TipRanks Financial, Shacknews, Raw Story, Barron's Online, CBS News, PCMag, Newser, WBHM 90.3, Just The News, ZeroHedge News, TechCrunch, Benzinga, Windows Central, and Financial Times
X: @howardlutnick, @govpressoffice, @madrid_mike, @charlescwcooke, @danieldimartino, @atrupar, @goldman, @patrickmoorhead, @esrtweet, @juliaioffe, @denver4va, @matthew_d_green, @buccocapital, @semianalysis_, @govpressoffice, @jhweissmann, @rakeshsfnyc, @neoavatara, @sullycnbc, @jillwinebanks, @michaeldweiss, @stanveuger, @benbajarin, @spencerhakimian, @nicksortor, @atrupar, @danrshafer, and @danprimack
Bluesky: @jenlucpiquant, @gritsforbreakfast, @scottsantens.com, @devilstower, @davidaugust, @jeffyguy, @jennannemiller, @ladeziree, @jennifertaub.com, @maxkennerly, @scottjshapiro, @originalsp.in, @bob-nc, @wittywebhandle, @bmsimp, and @gtjr
Threads: @carnage4life and @martinsfp
Mastodon: @jeffjarvis@mastodon.social and @harrymccracken@mastodon …. Truth Social: @realDonaldTrump …
| 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, Tedium, Mashable, Mississippi Free Press, The Verge, Engadget, PCMag, Chronology, Tom's Guide, P.V. Poseur, PC Gamer, Six Colors, Simon Willison's Weblog, Reclaim The Net, and TheDesk.net
X: @paul_taske, @loudmouthjulia, @loudmouthjulia, and @klonick
Bluesky: @edgeoerin.com, @krassotkin, @andytseng, @rhutabhayga, @levikornelsen, @malketchupstain, @racebannon, @bsky.app, @catalystmeow, @ike55, @acvalens.net, @waxy.org, @peark.es, @klonick, @donmoyn, @poopraven, @ajbauer, @blackamazon, and @kattenbarge
Mastodon: @joeo10@mastodon.sdf.org and @thenexusofprivacy …
Forums: r/privacy, r/BlueskySocial, r/privacy, r/DeclineIntoCensorship, r/BlueskySocial, r/technology, r/technology, and Slashdot
| Mike Allen / Axios: |
Airbnb co-founder Joe Gebbia, named by Trump as the first US chief design officer, says he wants to update federal websites to an “Apple Store-like experience” — Joe Gebbia — a co-founder of Airbnb who was named by President Trump this week to be the first U.S. chief design officer …
More: Reuters, RedState, Federal News Network, and Inc.com
X: @as400495, @jgebbia, @jgebbia, @nateparrott, @jgebbia, @bill_tibbitts, @jasonmiller, and @mattlira. Mastodon: @carnage4life@mas.to. Forums: r/technology
| The Guardian: |
Sources: in a meeting with UK Technology Secretary Peter Kyle, Sam Altman proposed giving ChatGPT Plus to everyone in the UK, a deal that would have cost £2B — Exclusive: Deal that could have cost £2bn was floated at meeting between technology secretary Peter Kyle and Sam Altman
Bluesky: @kentindell, @t0nyyates, @tomewing, @ednewtonrex, @jamescrossland, @ianwaring, @ryanlambie, and @paulpod. Mastodon: @wood5y@mastodonapp.uk
Forums: r/artificial, r/ukpolitics, r/unitedkingdom, r/OpenAI, r/BetterOffline, and r/singularity
| Bloomberg: |
Sources: Foxconn recalled ~300 Chinese engineers from its Indian plant making iPhone parts, replacing them with Taiwanese staff, its second such move in months — Apple Inc. assembly partner Foxconn Technology Group has recalled about 300 Chinese engineers from a factory in India … | Anthony Ha / TechCrunch: |
OpenAI warns investors against “unauthorized opportunities” to gain exposure to its equity, including through special purpose vehicles — In a new blog post, OpenAI warns against “unauthorized opportunities to gain exposure to OpenAI through a variety of means,” including special purpose vehicles, known as SPVs.
More: OpenAI
| Business Insider: |
| Cecilia D'Anastasio / Bloomberg: |
How AI is increasingly being used to replace human content moderators, who say that the tech is not yet capable of reliably identifying harmful content — Kevin decided on a career in content moderation after his YouTube recommendations took a bewildering swerve.
More: The Times, AzerNews, Cord Cutters News, Sky News, and Financial Times
X: @la__cuen and @cecianasta
| Alex Heath / The Verge: |
Q&A with David Luan, head of Amazon's AGI research lab, on leaving Adept in a reverse acquihire deal, why he believes progress on AI models has slowed, and more — Why Amazon AGI Labs chief David Luan thinks solving agents is the next ‘S-curve’ for AI.
More: TechCrunch. X: @rohitprasadai. LinkedIn: Junjie Tang. Bluesky: @prietschka. Threads: @alexheath. Mastodon: @jukkan@mstdn.social
| The Hindu: |
Major real-money gaming platforms in India halted cash games after President Murmu signed the Promotion and Regulation of Online Gaming Act, 2025, into law — Most major platforms over August 21 and August 22 stopped offering cash games, in compliance with the Promotion and Regulation of Gaming Act …
More: Entrackr, Free Press Journal, NDTV Profit, PokerBaazi, Hindustan Times, Hindustan Times, Times of India, Times of India, India Today, NDTV Profit, Moneycontrol, MediaBrief, and MEDIANAMA
| Andy Mukherjee / Bloomberg: |
| 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| Katie Tarasov / CNBC: |
A look at Texas Instruments' new 300mm wafer fab in Sherman, Texas, a part of its $60B US investment megaproject where some chips for iPhones will be made — When Texas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies …
More: AppleInsider and MacDailyNews
| 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| Ephrat Livni / New York Times: |
An interview with Alex Kachkine, who shook the art world in June with a research paper in Nature on restoring paintings using AI, as he works to refine the tech — Alex Kachkine spends his days working on microchip research — a skill set surprisingly similar to that needed for restoration.Sponsor Posts
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