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Tech News
A coalition of European founders and VCs published an open letter urging EU lawmakers to preserve key features of the proposed 'EU Inc' company statute, which would allow startups to incorporate once and operate across the bloc. They warn that national lobbies, including Germany's notary association, are pushing changes that could weaken the framework before final negotiations conclude.
RayNeo has released a lineup of augmented reality eyewear spanning personal theater-style displays and lightweight glasses with near-invisible screens. Rather than a single flagship product, the company is targeting different use cases with separate hardware designs, betting that practical applications will drive adoption faster than a one-size-fits-all approach.
Chinese high-purity quartz maker Jiangsu Pacific Quartz, which already supplies furnace tubes and wafer boats to Lam Research and Tokyo Electron, has had its quartz components certified by a Chinese DRAM producer believed to be CXMT for 300mm wafer production. The materials meet the 4N5–5N purity level needed for semiconductor process equipment, giving China a more domestic supply chain for chipmaking consumables.
Four California consumers filed a class-action lawsuit against Sony Interactive Entertainment in federal court, claiming the PlayStation Store misleads shoppers by using ownership terms like 'Buy Now' and 'Confirm Purchase' for digital games that are actually only licensed, revocable access. They say the license disclaimer appears in small, unhighlighted text that fails to meet California's disclosure requirements for digital goods. Sony has since asked the court to force individual arbitration or dismiss the case, arguing no reasonable consumer would think they truly own a digital game.
President Trump promised at a GOP midterm convention that every American adult would receive a $5,000 payment, dubbed the 'Trump Dividend,' if Republicans keep control of Congress in November. The proposal, estimated to cost over $1 trillion, would require congressional approval and has no clear funding source, though Vice President JD Vance suggested tariff revenue and hinted wealthy Americans might be excluded.
Trump Mobile has increased the price of its T1 handset from $499 to $749, a $250 jump that moves the device out of the mid-range category. The phone, marketed with an 'American-made' identity, now costs roughly the same as established flagship smartphones from major manufacturers.
A Big Story investigation from MIT Technology Review, done with Type Investigations, examines how pastor Eli Regalado and his wife launched INDXcoin after claiming divine instruction, raising over $3 million from more than 500 people before the project collapsed within a year with investors losing everything. Separately, the nonprofit Reflective has published a detailed plan outlining the experiments and infrastructure needed to better understand solar geoengineering before any real-world deployment decisions are made.
NASA and IBM have jointly released the Lunar Foundation Model, an AI system trained on decades of lunar observation data, now freely available on Hugging Face. Built alongside what the two say is the first open-source dataset combining imagery from nine instruments across four moon missions, the model is designed to support NASA's Artemis program.
A federal Advanced Air Mobility pilot program launched its first state trial in Texas, with eVTOL makers Joby, Beta, and Wisk flying uncrewed test routes between cities and regional airports, including Dallas Fort Worth International Airport, over the next week. The flights aim to show how air traffic control handles increased eVTOL activity and to gather data ahead of formal certification.
Luxury housing prices have declined for 29 consecutive months across every high-end price tier, according to new market data. Despite the extended price slide, luxury homes are now selling faster than they did a year ago, suggesting buyer demand remains resilient even as sellers accept lower prices.
A new analysis argues that large language models have driven the cost of producing average-quality writing, code and analysis down to nearly zero. What once required specialized skills, time and organizational infrastructure can now be generated instantly by anyone with access to an LLM, making merely competent output an abundant commodity rather than a differentiator.
A marketing executive who is also a parent argues that entry-level hires need more than basic familiarity with AI applications. She says the real differentiator for young workers is knowing how to evaluate, question and apply AI outputs responsibly rather than simply operating the software.