Chevron announced it will expand operations in Venezuela after receiving additional acreage in the Orinoco Belt, pledging over $7 billion in investment over five years to nearly double output to about 600,000 barrels daily. The move follows a recent Trump administration deal involving Venezuela's oil reserves and a Pentagon profit stake, with Chevron officials and Energy Secretary Chris Wright reportedly visiting the country to unveil the plan.
1Password pledged $300,000 to Omacom, the nonprofit behind the Omarchy Linux distribution created by David Heinemeier Hansson, prompting criticism from customers and employees over Hansson's history of racist and anti-immigrant commentary. The password manager's leadership, including CEO David Faugno and cofounder Roustem Karimov, has responded internally to concerns about the partnership's optics. Critics on social media have called for boycotts and suggested alternative password managers in response.
Toyohiro Akiyama, a Tokyo Broadcasting System correspondent who became the first Japanese citizen in space and the first journalist to report from orbit, died August 26 from lower gastrointestinal bleeding. He flew aboard Soyuz TM-11 to the Mir space station in December 1990, spending about a week filing daily audio and video dispatches for TBS despite battling space sickness and nicotine withdrawal.
Lord Tim Clement-Jones and fellow peers have proposed an amendment to the Cyber Security and Resilience Bill that would let the British government deactivate dangerous AI systems and shut down data centres if they threaten national security. Separately, Labour MP Alex Sobel is preparing an AI Security Bill backed by campaign group ControlAI that could make the UK the first G7 nation to legislate against superintelligent AI development. Both measures still need government backing to advance, while similar 'kill switch' legislation is being weighed in the US.
Dell stock jumped more than 13% Wednesday morning after reporting strong quarterly results and raising its fiscal 2027 adjusted earnings guidance by about 42.5%, to $25.50 from $17.90. The gains faded quickly, with shares up only around 5% by late morning, echoing a similar pullback seen after Nvidia's own strong earnings last week.
Samsung has widened its Android 17-based One UI 9 beta rollout beyond its latest flagships to include the older Galaxy Z Fold 6 and Z Flip 6, plus the mid-range Galaxy A57, marking the first A-series device to get the test build. The update carries the August 5, 2026 security patch and is currently live in South Korea and India, with plans to expand to Germany, Poland, the UK and the US.
iOS 27 introduces a revamped Apple Pay checkout interface for apps and web payments, replacing the previous layout used across millions of transactions. The update adds swipeable card switching alongside the default card and uses color-coded icons to display shipping, billing and address details more clearly at a glance.
Prediction market Kalshi issued its first-ever lifetime ban to former congressman George Santos after finding he bet on markets tied to his own attendance at Trump's State of the Union address while publicly making misleading statements to move contract prices. Kalshi's compliance team found Santos profited nearly $18,000 from the scheme and fined him $71,356, while the CFTC separately ordered him to return his profits and paid its own $17,500 penalty.
The piece critiques the romanticized idea of disappearing into private, isolated effort—'the Cave'—citing examples like Michael Phelps's Under Armour ad and personal wrestling experience. The author argues that smart devices, recommendation algorithms, and AI reinforce this isolation by feeding people what they already believe rather than challenging them.
Huawei has rolled out three new smartwatch lines alongside a fresh pair of earbuds. The Watch GT 7 series focuses on outdoor sports with ski and snowboard tracking, resort maps, and group location sharing, while the Watch D3 expands to 24-hour ambulatory blood-pressure monitoring. The Watch 6 series adds over 100 workout modes and eSIM calling, and the FreeBuds Neo bring up to 30dB adaptive noise cancellation with lossless and spatial audio support.
A new United Nations Environment Programme report concludes that Earth will soon surpass the 1.5 Celsius warming threshold set by the 2015 Paris agreement, largely due to continued fossil fuel emissions. Rather than treating this as unavoidable defeat, UN officials and scientists propose a strategy to temporarily exceed the limit before working to bring temperatures back down through ending fossil fuel use and deploying carbon removal technology.
Adobe has acquired Rilo, a Bengaluru-based marketing intelligence startup, through a licensing and team-acquisition deal, folding in its six-member team and technology. Founded in 2025 by IIT graduates Georgi Boby and Dhruv Jaglan, Rilo had raised $1 million at a $10 million valuation from backers including PeakXV and Day Zero Ventures before this exit. The startup's product will be shut down and its custom workflow-building tools absorbed into Adobe's offerings.
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