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NBER Survey: Over 90% of Executives Say AI Hasn't Boosted Employment or Productivity

A National Bureau of Economic Research survey found that more than 90 percent of executives reported no impact from AI on their firm's employment over the past three years, and 89 percent saw no gains in labor productivity. Despite this, companies are continuing to cut jobs while citing AI as justification, according to University of Pittsburgh professor Mark Ma.

Nvidia adds Steam Controller support to GeForce Now cloud gaming

Nvidia announced that its GeForce Now cloud gaming service will support Valve's Steam Controller and Steam Machine later this year, initially for the Steam Deck and Steam Machine app, with Windows and macOS support coming afterward. The update accompanies other GeForce Now additions, including DLSS 4.5 controls, GOG single sign-on, wider Fire TV Stick availability, and Firefox browser support.

French tax agency DGFiP confirms data breach affecting 678,000 taxpayers

France's General Directorate of Public Finances (DGFiP) confirmed that hackers accessed a file containing 678,000 records of individuals and businesses, including names, family quotients, reference tax income and withholding tax rates. Some leaked samples also reportedly included addresses, phone numbers, emails and dependent counts. The attacker's access was cut off in late June, but the breach itself was only discovered in mid-August after the stolen data appeared for sale online.

Fiat Ventures merges advisory and VC arms into FGV Capital, closes $35M Fund II

Fiat Ventures announced it is unifying its growth consultancy, previously known as Fiat Growth, with its venture investing arm under one new brand called FGV Capital. Alongside the rebrand, the firm closed a $35 million second fund focused on fintech's overlap with AI, healthcare and commerce, backed by LPs including Reinsurance Group of America, MassMutual and Bank of America. General partners Marcos Fernandez and Drew Glover said the two businesses will remain operationally separate despite sharing a brand.

Apple debuts M6 chip and quad-die M5 Ultra for AI-heavy Mac desktops

Apple unveiled two new chips, the 2nm M6 and the quad-die M5 Ultra, alongside refreshed Mac desktops built around them. The M6 combines super, performance and efficiency cores for the first time and adds a Neural Accelerator to each GPU core, while the M5 Ultra fuses two M5 Max chips into one processor with up to 36 CPU cores, 80 GPU cores and 512GB of unified memory. Neither desktop gets major new features beyond faster specs and higher pricing.

ASUS launches ROG Xbox Ally X20 handheld with OLED screen for 20th anniversary

ASUS has refreshed its ROG Xbox Ally X handheld into the X20 edition to mark 20 years of its Republic of Gamers line. The update keeps the same internal hardware, including an AMD Ryzen Z2 Extreme chip, 24GB RAM, and 1TB storage, but swaps in a larger 7.4-inch OLED Nebula HDR display with higher peak brightness and a new translucent black-and-gold design.

Linux Marks 35 Years Since Linus Torvalds' Original Usenet Announcement

On August 25, 1991, Finnish student Linus Torvalds posted to a Usenet group that he was building a free operating system for 386/486 machines, calling it just a hobby project unlikely to rival GNU. Thirty-five years later, that hobby has grown into the dominant force in computing, powering most major websites, cloud platforms, and all of the world's fastest supercomputers.

Polestar says Commerce Department misled it before denying EV sales waiver

Polestar disclosed in an August 18th dealer letter that it was denied a US Commerce Department waiver allowing continued sales of its electric vehicles, despite officials reportedly signaling approval was likely. The rejection contrasts with sister brand Volvo, which received approval in May 2026 despite similar ties to Chinese owner Geely, forcing Polestar to halt US sales starting with the 2027 model year.

Shanghai robot carnival highlights China's push into humanoid robotics

A public showcase event in Shanghai let visitors interact directly with humanoid robots, part of China's broader effort to promote and accelerate its robotics industry. Organizers say such events matter because hands-on exposure builds public familiarity, even as humanoid robot development globally remains slow and uneven.

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