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Lucid sales inch forward as EV maker pushes to ramp Gravity production

Lucid delivered 3,309 vehicles in the second quarter, a 6% increase in sales from the previous period and a new sales record for the EV maker. Lucid also reported it produced 3,863 vehicles in the second quarter, nearly 1,000 more than it made in the previous period. Lucid produced 2,212 vehicles in the first quarter and shipped another 600 additional vehicles to Saudi Arabia for final assembly. The delivery and accompanying production figures show Lucid has maintained — and even made some pro

OpenAI says Robinhood's tokens aren't equity in the company

OpenAI is distancing itself from Robinhood 's latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe. "These 'OpenAI tokens' are not OpenAI equity," OpenAI wrote on X. "We did not partner with Robinhood, were not involved in this, and do not endorse it." The company said that "any transfer of OpenAI equity requires our approval — we did not approve any transfer," and warned users to "please be careful." Robinhood announced the lau

DOJ investigates ex-ransomware negotiator over extortion kickbacks

An ex-ransomware negotiator is under criminal investigation by the Department of Justice for allegedly working with ransomware gangs to profit from extortion payment deals. The suspect is a former employee of DigitalMint, a Chicago-based incident response and digital asset services company that specializes in ransomware negotiation and facilitating cryptocurrency payments to receive a decryptor or prevent stolen data from being publicly released. The company claims to have conducted over 2,000

Evidence of a 12,800-year-old shallow airburst depression in Louisiana

Introduction Cosmic airbursts and impacts produce a wide range of surface effects, with high-altitude airbursts, such as the 1908 Tunguska event, primarily generating blast damage without forming craters [1]. In contrast, low-altitude “touch-down” airbursts may induce surface melting, spherule formation, shocked quartz, and shallow cratering [2]. Due to preservation challenges, few airburst signatures are documented in the geologic record, limiting our understanding of these events. Here, we rep

Xbox hit hard with layoffs: from cancelled games to a shuttered studio

On July 2nd, Microsoft announced sweeping layoffs affecting as many as 9,000 employees, and they had a big impact on the company’s Xbox studios. Microsoft cancelled Perfect Dark from The Initiative and closed the studio. Rare’s Everwild, announced in 2019, was cancelled, too. And Forza Motorsport developer Turn 10 Studios will lose more than 70 employees. “We must make choices now for continued success in future years and a key part of that strategy is the discipline to prioritize the strongest

Amazon's Andy Jassy says AI will take some jobs but make others more 'interesting'

Bloomberg/Getty Images The adoption of artificial intelligence systems throughout the business sector will lead to "fewer people doing some of the jobs" that become automated, Amazon president and CEO Andy Jassy said in an interview with CNBC's Jim Cramer this week. Jassy's understated comments about the future impacts of automation upon the job market were also optimistic: While he concedes that some people will be replaced by AI, the technology will simultaneously "make all of our jobs more

WebAssembly Troubles part 4: Microwasm (2019)

WebAssembly Troubles part 4: Microwasm Preamble This is the final part of a 4-part miniseries on issues with WebAssembly and proposals to fix them. Part 1 here, part 2 here, part 3 here. This article assumes some familiarity with virtual machines, compilers and WebAssembly, but I’ll try to link to relevant information where necessary so even if you’re not you can follow along. Also, this series is going to come off as if I dislike WebAssembly. I love WebAssembly! I wrote a whole article about h

Peter Thiel and His Goons Are Launching Their Own Bank (Yes, It has a Tolkien-Inspired Name)

Silicon Valley Bank’s collapse in 2023 left a hole in the tech industry. For years, the bank poured money into the Bay Area’s riskier startups, allowing those companies to pursue their various “disruptive” aims. Eventually, mismanagement led that business model to collapse. Now, billionaire Palantir founder Peter Thiel and several of his pals want to fill the void left by SVB by launching their own bank dedicated to backing the industry’s riskier bets. Multiple outlets have reported that the ne

Senator Wants to File Bribery Charges Over Paramount’s Hush Money to Trump

Paramount, the owner of CBS News, announced late Tuesday it had agreed to pay $16 million to settle a lawsuit brought by President Donald Trump, according to the Wall Street Journal. The lawsuit alleged that “60 Minutes” had edited an interview with Kamala Harris to make it more favorable to her in the lead up to the 2024 presidential election, making it one of the most laughably absurd lawsuits Trump has ever filed. But Paramount is forking over millions anyway in what many are calling a transp

Xbox Hit With Layoffs and Game Cancellations as Microsoft Cuts 9,000 Jobs

Major layoffs are rolling across Microsoft today, impacting game developers within Xbox across several studios and the projects they’re working on, even as an executive at the company told staff more gamers are playing Xbox than ever before. According to The Seattle Times, 9,000 employees, or 4 percent of Microsoft’s workforce, are affected by the cuts, which started Wednesday morning. The full scope of layoffs within Microsoft’s gaming divisions are still unknown. “We continue to implement or

TikTok lays off more employees working on TikTok Shop US

In Brief Despite all of the ads you’re getting for collagen supplements and electric scrub brushes, TikTok Shop US is apparently not doing so hot. Per a report from Bloomberg, TikTok has conducted its third round of layoffs for this team since April, but has not disclosed how many jobs were impacted. TikTok Shop US, the company’s e-commerce retailer, launched less than two years ago, selling a variety of products and offering creators commissions for their videos that trigger sales. While Shop

US judge rules Huawei must answer criminal charges about alleged Iran deal

A US judge has ruled that Huawei must stand trial following a 16-count indictment from 2019 accusing the Chinese telecommunications company of trying to steal trade secrets from its US rivals and selling surveillance equipment to Iran despite trade sanctions, according to a report by Reuters . A trial is currently set for May 4, 2026. US District Judge Ann Donnelly found sufficient evidence in the indictment to refute the company's bid for dismissal. In a 52-page decision, the Brooklyn judge ru

Xbox Hit With Layoffs and Game Cancelations as Microsoft Cuts 9,000 Jobs

Major layoffs are rolling across Microsoft today, impacting game developers within Xbox across several studios and the projects they’re working on, even as an executive at the company told staff more gamers are playing Xbox than ever before. According to The Seattle Times, 9,000 employees, or 4 percent of Microsoft’s workforce, are affected by the cuts, which started Wednesday morning. The full scope of layoffs within Microsoft’s gaming divisions are still unknown. “We continue to implement or

Microsoft’s Forza Motorsport developer hit hard by Xbox cuts

Microsoft announced layoffs today affecting as many as 9,000 employees, and as part of the changes, more than 70 people will be let go at Forza Motorsport developer Turn 10 Studios, according to a source familiar with the situation. The cuts were made on a call with Microsoft HR representatives this morning, and are hitting the “vast majority” of the studio. One source described the layoffs as leaving enough people behind to keep Forza Motorsport up and running. Managers at Turn 10 didn’t disc

Senate Backs NASA’s Legacy Moon Plan Over Musk’s Protests

On Tuesday, July 1, the Senate breathed new life into NASA’s floundering Artemis program by passing President Trump’s budget reconciliation bill. If signed into law, the legislation would allocate an additional $6 billion to Artemis’ current mission architecture. The new funds, which include support for additional Space Launch System (SLS) rockets, the Orion spacecraft, and a lunar space station called Gateway, represent a major win for legacy aerospace providers Boeing, Northrop Grumman, and L

Paramount accused of bribery as it settles Trump lawsuit for $16 million

CBS owner Paramount has reached a $16 million settlement with President Donald Trump over his claim that 60 Minutes deceptively manipulated a pre-election interview with Kamala Harris. Trump's lawsuit has been widely described as frivolous, but Paramount seemed motivated to settle because its pending $8.4 billion merger with Skydance needed regulatory approval from the Trump administration. In a statement provided to Ars today, Paramount said it "has reached an agreement in principle to resolve

Tesla Gets Dismal Sales News After Disastrous Robotaxi Launch

Tesla has posted its second quarter delivery numbers — and they're not looking good. As the New York Times reports, the company reported it had delivered just 384,000 vehicles between April and June, a massive drop from 444,000 vehicles over the same period last year. Meanwhile, CEO Elon Musk has focused his carmaker's resources on developing a robotaxi network of fully autonomous vehicles. However, given a disastrous launch filled with near-collisions, bizarre driving behavior, and human "saf

Tesla deliveries fall for second quarter in a row

Tesla deliveries fall for second quarter in a row Musk has since left the role - but has publicly sparred with US President Donald Trump over a massive spending bill pushed by the White House. Tesla faces increasing competition from rivals, including China's BYD. Musk's controversial role as a government efficiency czar in the Trump administration has also been blamed for the plummeting numbers. The just over 384,000 vehicles it delivered between April and June represents the second quarterly

Tesla deliveries drop 14 percent amid Musk backlash

Tesla says it delivered 384,122 electric vehicles in the April-June timeframe, which is a 14 percent drop compared with the same period in 2024. It's also the second quarter in a row that sales have fallen year-over-year (YoY). The company produced 410,244 vehicles in Q2, which is very close to the 410,831 it made during the equivalent period last year. However, the company delivered more vehicles (443,956) than it produced in Q2 2024. That's not the case this time. The number of vehicle delive

Microsoft gaming division suffers further layoffs

Last week, it was rumored that Microsoft was getting ready for a major round of layoffs within the Xbox team. Bloomberg is now reporting that employees in the company’s gaming division were informed of job cuts Wednesday morning. The PC giant has been on a cost-cutting mission lately, announcing it would let go of 3 percent of its global workforce earlier this summer, and announcing a further 9,000 job cuts on Wednesday. According to Bloomberg , Microsoft’s Stockholm-based King division, famous

ICE-tracking app tops App Store

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. ICEBlock, an app that lets users anonymously report sightings of Immigration and Customs Enforcement (ICE) officials, has soared up App Store charts after receiving criticism from the Trump administration. On Monday, US Homeland Security Secretary Kristi Noem responded to CNN’s coverage of ICEBlock in a post on X, calling it an “obstruction of justi

Microsoft laying off about 9,000 employees in latest round of cuts

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC. The announcement comes on the second day of Microsoft's 2026 fiscal year. Executives at the Redmond, Washington-based company typically unveil reorganizations at the time of the new fiscal year. "We continue to implement organizational changes necessary to best po

Apple's AI Research Has Failed So Spectacularly That It's Considering Just Letting OpenAI Power Siri

For the past few months, Apple has been mired in a tangled legal web of its own making. When the tech giant released the iPhone 16 back in September of 2024, it promised customers a suite of shiny new "Apple Intelligence" features, which would "roll out later this year and in the months following." At the crux of the sales pitch was a commitment to release an AI-powered version of Siri — in other words, a large language model (LLM) upgrade to Siri's ancient algorithm — which the company said co

Bright Data beat Elon Musk and Meta in court — now its $100M AI platform is taking on Big Tech

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Bright Data, the Israeli web scraping company that defeated both Meta and Elon Musk’s X in federal court, unveiled a comprehensive AI infrastructure suite Wednesday designed to give artificial intelligence systems unfettered access to real-time web data — a capability the company argues Big Tech platforms are trying to monopolize. The ann

Dozens of fake wallet add-ons flood Firefox store to drain crypto

More than 40 fake extensions in Firefox’s official add-ons store are impersonating popular cryptocurrency wallets from trusted providers to steal wallet credentials and sensitive data. Some of the extensions pretend to be wallets from Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, Keplr, and MyMonero, and include malicious code that sends stolen information to attacker-controlled servers. Fake wallet extensions on the Firefox add-ons store Source: BleepingComputer Researchers at Koi

Cloudflare Introduces Default Blocking of A.I. Data Scrapers

Cloudflare, a tech company that helps websites secure and manage their internet traffic, said on Tuesday that it had rolled out a new permission-based setting that allows customers to automatically block artificial intelligence companies from collecting their digital data, a move that has implications for publishers and the race to build A.I. With Cloudflare’s new setting, websites can block — by default — online bots that scrape their data, requiring the website owner to grant access for a bot

Trump Threatens to Prosecute CNN for Reporting on ICEBlock as App Hits No. 1

ICEBlock, a new app that allows users to submit information about the location of ICE officers spotted in their community, has shot to the number one spot on the Apple App Store. And it’s largely thanks to publicity from the White House and President Donald Trump’s angry band of fascists. The ICEBlock app was created by developer Joshua Aaron, who told CNN that he wanted to create something to fight back against the deportations he saw happening in Los Angeles. The city has been terrorized by m

Topics: app cnn ice people trump

Tesla reports 14 percent drop in second-quarter vehicle deliveries

Tesla sales hit a new low, with the company reporting a 14 percent drop in second-quarter vehicle deliveries compared to a year ago. The company said that it produced a total of 410,244 vehicles between April–June of this year, including 396,835 Model 3 and Model Y vehicles, as well as 13,409 “other vehicles” like the Model S, Model X, and Cybertruck. That represents a minor 0.1 percent drop compared to the second quarter of 2024, when the company produced 410,831 vehicles. Tesla also said tha

Tesla faces second straight year of falling sales after another bad quarter

Tesla delivered 384,122 vehicles in the second quarter of this year, wrapping up another weak quarter for the company as it struggles to bring the pace of sales back up to 2023 levels. That represents a 13.5% drop from the number of cars Tesla delivered in the second quarter of 2022, and it means Tesla runs a real chance of underperforming its total sales figure from 2024. If that happens, it would mean Tesla’s sales will have fallen two years in a row — despite the company once promoting the a

Microsoft will lay off 9,000 employees, or less than 4% of the company

In Brief Microsoft is planning to lay off 9,000 employees, impacting less than 4% of its global workforce, according to a report by CNBC. Microsoft continues to beat expectations in its quarterly earnings; in its most recent report, the company grew its net income by 18% year over year, amounting to a total of $25.8 billion. However, the company has continued to reduce its headcount — this is one of many rounds of layoffs to have already occurred this year. Microsoft has said that these cuts