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Rocket Lab eyes big defense opportunities with new acquisition

Rocket Lab is signaling to investors, yet again, that it’s more than “just” a rocket company. Rocket Lab’s second-quarter results, which were posted Thursday, show revenues continue to be driven by its space systems business rather than launch. The results also highlighted the company’s acquisition strategy and how its purchase of a new optical payloads company will make it more competitive for lucrative government contracts. The company’s space systems brought in $97.9 million of the $144.5 m

Pinterest stock falls 10% after earnings miss

Bill Ready, CEO, Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2025. Pinterest shares were down more than 10% on Thursday after the company reported second-quarter earnings that missed on earnings per share. Here's how the company did, compared to analysts' consensus estimates from LSEG: Earnings per share : $0.33 cents Adj. vs. $0.35 cents expected : $0.33 cents Adj. vs. $0.35 cents expected Revenue: $998

Mysterious Crime Spree Targeted National Guard Equipment Stashes

A string of previously undisclosed break-ins at Tennessee National Guard armories last fall marks the latest in a growing series of security breaches at military facilities across the United States, raising fresh concerns about the vulnerability of US armories to theft and intrusion. A confidential memo from the Tennessee Fusion Center reviewed by WIRED details four break-ins at Tennessee National Guard armories over a seven-week span. In one incident, thieves made off with night vision goggles

Tesla’s Biggest Rivals Warn the EV Party Might Be Over

It’s going to be tough, and it’s going to be uncertain. That was the clear message from Rivian and Lucid, America’s two most promising electric vehicle manufacturers, as they gave a grim forecast for the future of the EV market. After a brief sugar rush of sales, Tesla’s top rivals are bracing for a brutal hangover, hit by a double punch of hostile policies from the second Trump administration: crippling tariffs and the fast-approaching end of the federal EV tax credits that have propped up the

PS5 sales have passed the 80 million mark

The PS5 might be lacking the cadence of first-party exclusives that made its predecessor so successful, but that doesn’t appear to be slowing it down. Sony has announced that the console had shifted just north of 80 million units as of June 30, 2025. This puts it just behind the Xbox 360 (84 million) and well on the way to overtaking the PS3 (around 87 million) in lifetime sales. The 80.3 million figure was confirmed in Sony’s first set of quarterly results for the current financial year, durin

OpenAI Is About to Make Employees Millionaires

It’s a figure so large it almost loses meaning: $500 billion. That is the staggering valuation OpenAI, the company behind the revolutionary ChatGPT, could soon command. The company is in discussions with investors for a deal that would allow its current and former employees to sell their privately held shares, a source familiar with the matter told Gizmodo. This type of deal, known in financial jargon as a secondary sale or a tender offer, would more than double OpenAI’s recent $260 billion val

Uber received 400,000 reports of sexual misconduct from 2017 to 2022

Between 2017 and 2022, 400,181 Uber trips resulted in reports of sexual assault or sexual misconduct in the US, or around one every eight minutes, according to sealed documents seen by The New York Times. The company had only disclosed 12,522 accounts of serious sexual assaults during the same time period. The report is based on interviews with current a former employees, internal documents and court records under seal as part of "large-scale sexual assault litigation against Uber." "There is n

Sonos is raising prices this year to make up for tariff expenses

Sonos plans to raise prices across its products later this year in order to minimize the impact of tariffs on its earnings, the company has revealed alongside its financial results [PDF] for the third quarter of 2025. It hasn't listed the products and their new prices yet, but it said that it's evaluating any changes it might need to its promotional strategies and that it has flexibility to move production between Vietnam and Malaysia as needed. To note, the Trump administration had imposed a 20

Opendoor tanks after earnings as CEO thanks new investors for 'increased visibility'

With Opendoor shares up almost fivefold since the beginning of July and trading volumes hitting record levels, CEO Carrie Wheeler thanked investors for their "enthusiasm" on Tuesday's earnings call. "I want to acknowledge the great deal of interest in Opendoor lately and that we're grateful for it," Wheeler said, even as the stock sank more than 20% after hours. "We appreciate your enthusiasm for what we're building, and we're listening intently to your feedback." Prior to its recent surge, Op

SoftBank's Vision Fund posts best performance in 4 years

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. SoftBank Group on Thursday reported fiscal first-quarter profit that topped expectations, driven by gains in its Vision Fund tech investment arm. The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus 127.6 billion yen expected, according to LSEG consensus estimates. It is the second straight quart

Best 6 TVs I've Tested for August 2025

The Sony Bravia 8 II is a new flagship OLED David Katzmaier/CNET With all of the TVs available today, and all of the technical terms and jargon associated with television technology, it can be tough to figure out what's important. Here's a quick guide to help cut through the confusion. Picture quality: Broadly speaking, the type of display technology helps dictate how good a TV's picture quality is, but OLED is typically the best display technology, and this is followed by LCD (including QLED,

SoftBank Vision Fund posts $4.8 billion gain to drive second straight quarter of group profit

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. SoftBank Group on Thursday reported fiscal first-quarter profit that topped expectations, driven by gains in its Vision Fund tech investment arm. The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus 127.6 billion yen expected, according to LSEG consensus estimates. It is the second straight quart

Shopify stock soars 21% on rosy guidance as CFO says tariff hit 'did not materialize'

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 21% on Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adjusted vs. 29 cents 35 cents adjusted vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over ye

Airbnb beats on top and bottom lines for second quarter

Airbnb reported second-quarter results on Wednesday that beat analysts' expectations. Here's how the company did based on average analysts' estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of $642 million, or $1.03 per share, up from $555 million, or 86 cents per share, a year earlie

Mathematicians Startled by 17-Year-Old With Uncanny Abilities

A brilliant teen who honed her skills during the COVID-19 pandemic has solved one of math's most mysterious problems — and in doing so, become a rising star. As Quanta magazine reports, fledgling mathematician Hannah Cairo was just 17 when she disproved the Mizohata-Takeuchi conjecture, a decades-old proposition — in higher math, it's common for the suggestion that something is true based on observations to become a target for challenging formalized counter-proofs — dealing with waves on surfac

Russia’s Colossal Earthquake May Have Ignited Multiple Volcanoes

The sixth strongest earthquake ever recorded struck Russia’s far east Kamchatka Peninsula on July 29 and has seemingly triggered a string of nearby volcanoes. According to the United States Geological Survey, it’s not uncommon for large earthquakes to cause volcanic activity, though volcanoes will only erupt if they were already close to erupting on their own. Depending on its magnitude, the earthquake must also occur within a certain distance from the volcano. Klyuchevskaya, one of the highes

Shopify stock soars 20% on rosy guidance as CFO says tariff hit 'did not materialize'

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 20% Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adj. vs. 29 cents 35 cents adj. vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over year to $2.68

ChatGPT Glossary: 55 AI Terms Everyone Should Know

AI is changing the world around us. It's eliminating jobs and flooding the internet with slop. Thanks to the massive popularity of ChatGPT to Google cramming AI summaries at the top of its search results, AI is completely taking over the internet. With AI, you can get instant answers to pretty much any question. It can feel like talking to someone who has a doctoral degree in everything. But that aspect of AI chatbots is only one part of the AI landscape. Sure, having ChatGPT help do your homew

Wired Called Our AirGradient Monitor 'Not Recommended' over a Broken Display

Two weeks ago, I had what I can only describe as a punch-to-the-stomach moment (which luckily doesn’t happen very often). The AirGradient ONE - our monitor that was recognized in one of the world’s most rigorous scientific evaluations - suddenly became “Not Recommended” by WIRED magazine in their The Best Indoor Air Quality Monitors review. Yes, this is the same monitor that got two awards from the AirLab micro sensor challenge , one of the most rigorous sensor testing programs, beating more th

Japan: Apple Must Lift Browser Engine Ban by December

Readers may recall that Japan recently passed the Smartphone Act, officially the Bill on the Promotion of Competition for Specified Software Used in Smartphones. Among its most important reforms is a direct prohibition on Apple’s long-standing ban on third-party browser engines on iOS. This ban has functioned as an effective ban on browsers like Firefox, Chrome, Edge, Opera, Brave & Vivaldi, by forcing them to use Apple’s WebKit engine, which they cannot modify or control. This results in no ef

Python performance myths and fairy tales

Python performance myths and fairy tales [LWN subscriber-only content] Antonio Cuni, who is a longtime Python performance engineer and PyPy developer, gave a presentation at EuroPython 2025 about "Myths and fairy tales around Python performance" on the first day of the conference in Prague. As might be guessed from the title, he thinks that much of the conventional wisdom about Python performance is misleading at best. With lots of examples, he showed where the real problems that he sees lie. H

Microsoft’s plan to fix the web with AI has already hit an embarrassing security flaw

is a senior editor and author of Notepad , who has been covering all things Microsoft, PC, and tech for over 20 years. Posts from this author will be added to your daily email digest and your homepage feed. Researchers have already found a critical vulnerability in the new NLWeb protocol Microsoft made a big deal about just just a few months ago at Build. It’s a protocol that’s supposed to be “HTML for the Agentic Web,” offering ChatGPT-like search to any website or app. Discovery of the embar

The Amaranth hardware description language

The Amaranth project provides an open-source toolchain for developing hardware based on synchronous digital logic using the Python programming language. It aims to be easy to learn and use, reduce or eliminate common coding mistakes, and simplify the design of complex hardware with reusable components. The Amaranth toolchain consists of the Amaranth language, the standard library, the simulator, and the build system, covering all steps of a typical FPGA development workflow. At the same time, i

US Coast Guard Report on Titan Submersible Implosion Singles Out OceanGate CEO Stockton Rush

The US Coast Guard’s Marine Board of Investigation has issued a scathing report on the implosion of the Titan submersible in 2023, singling out OceanGate’s CEO and founder Stockton Rush for many of the company’s technical and managerial failings. It says that he made “sustained efforts to misrepresent the Titan as indestructible” and accuses the company of “glaring disparities between their written safety protocols and their actual practices.” Jason Neubauer, who was the deputy chief of the Coa

Snap shares plummet 15% after weak second-quarter revenue metric

Evan Spiegel, CEO of Snap Inc., attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 9, 2025. Snap shares tanked more than 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street's expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts' estimates. Loss of 16 cents.

Snap shares plummet 15% after weak second quarter revenue metric

Evan Spiegel, CEO of Snap Inc., attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 9, 2025. Snap shares tanked 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street's expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts' estimates. Loss of 16 cents. That figur

AMD reports weaker-than-expected earnings even as revenue tops estimates

Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled "Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation," in Hart building on Thursday, May 8, 2025. Advanced Micro Devices reported quarter earnings on Tuesday that missed estimates. The stock slid about 4% in extended trading. Here's how the chipmaker did versus LSEG expectations for the quarter ended June:

Don’t hold your breath for OpenAI’s new model to run on your phone’s Snapdragon chip

TL;DR The new OpenAI model can now run directly on some devices with Snapdragon chips. It’s the first time an OpenAI reasoning model has been made available for on-device use. This could mean faster, more private AI features on your phone, just not yet. When you use an AI model like ChatGPT, it runs in the cloud rather than on your phone or laptop, but Qualcomm seems eager to change that. The company has announced that OpenAI’s first open-source reasoning model, with the less-than-catchy name

Using Quantum Annealing To Build Stronger Stock Portfolios

Quantum annealing (QA) has emerged as an effective way to find the optimal solution using a large dataset. While this has applications in an endless variety of use cases, its application in the realm of finance may be one of the fastest ways for researchers to realize a significant ROI in their annealing work. Yao-Hsin Chou, Ching-Hsuan Wu, Pei-Shin Huang, Jyun-Yi Shen, of National Chi Nan University, Department of Computer Science and Information Engineering, Shu-Yu Kuo, Sy-Yen Kuo, of the Nat