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Intel drops 8% as chipmaker's foundry business axes projects, struggles to find customers

Intel 's stock dropped more than 8% after the chipmaker said it would slash foundry costs in its latest attempt to turn around its struggling business. Concerns about where that leaves Intel's chip manufacturing business overshadowed a better-than-expected earnings report late Thursday. Intel beat on revenue and issued a sales forecast for the third quarter that also topped estimates. The company reported adjusted earnings of 10 cents per share, topping the average analyst estimate of a penny,

Blender confirms iPad Pro app with full touch and Pencil support

Blender, the widely used open-source 3D creation software, is getting a tablet-first redesign, starting with full support for the iPad Pro. Here’s what to expect. In a detailed post at the Blender Developer Blog, Head of Product Dalai Felinto says that while tablets have been around for a while, “only recently, thanks to increased processing power, have they started to serve as primary computing devices.” He says Blender’s tablet push will include “Android and other graphic tablets in the futu

Why Is There a Date of 1968 in the Intel Chipset Device Software Utility?

The Intel Chipset Device Software Utility shows a date of 07/18/1968 because it is symbolic: Intel was founded on that date. The reason this date is used is to lower the rank of drivers in concern. This is necessary because it's a supporting utility that should not overwrite any other drivers. Updating these drivers is not needed. Do not worry if you don't have the latest version. The Intel® Chipset Device Software installs the Windows* INF files. An INF is a text file that provides the operat

Echelon kills smart home gym equipment offline capabilities with update

A firmware update has killed key functionality for Echelon smart home gym equipment that isn't connected to the Internet. As explained in a Tuesday blog post by Roberto Viola, who develops the "QZ (qdomyos-zwift)" app that connects Echelon machines to third-party fitness platforms, like Peloton, Strava, and Apple HealthKit, the firmware update forces Echelon machines to connect to Echelon’s servers in order to work properly. A user online reported that as a result of updating his machine, it is

Internet Archive is now a federal depository library

While documents stored on microfiche or microfilm are easy to copy, they aren’t easy to access. The GPO has been moving toward digital preservation since 2016 and runs an online database of government records, and in recent years, it has ramped up efforts to digitize the Federal Depository Library Program. Participating libraries have largely pivoted to the GPO’s digital approach, but digitizing countless physical documents is a massive undertaking — one that the Internet Archive has experience

7 helpful AI features in iOS 26 you can try now - and how to access them

Sabrina Ortiz/ZDNET Apple finally launched the iOS 26 public beta, and with that comes a slew of new AI features you can try out today -- and their usefulness may surprise you. While the new features may not be as flashy as the promised Siri 2.0 update, which has yet to be released, many address issues Apple users have long had with their devices or in their everyday workflows, while others are downright fun. For example, don't you like waiting for customer service calls? Want your song transi

This ultraportable Lenovo laptop is a worthy MacBook Air alternative (and has a useful iPhone feature)

Lenovo Yoga Slim 7i Aura Edition ZDNET's key takeaways The Lenovo Yoga Slim 7i Aura Edition is available now for $999 for the 32GB of RAM configuration. It pairs a myriad of customizable features with a nice display, surprisingly beefy speakers, and a marathon battery. A few physical design choices might be of concern for some, and I wish it had an OLED. $1,298 at Walmart $1,299.99 at Best Buy $1,429.99 at Lenovo more buying choices At Best Buy, the Lenovo Yoga Slim 7i Aura Edition is on sale

In-Flight Wi-Fi Is Getting a Boost on These Starlink-Enabled Airlines

Sluggish airline internet might become a thing of the past. For the last 20 years, airline internet has been notoriously unreliable, but Starlink is changing the game with significantly faster speeds. In fact, the latest reports show it's already twice as fast as its in-flight competitors. Starlink-equipped planes achieve superior internet speeds due to its fleet of almost 8,000 low-Earth orbit satellites, which operate much closer to Earth than the geostationary satellites used by competitors

You can now easily buy a Switch 2 without jumping through hoops

Perhaps we’ve been thinking the same thing, you and I. That there won’t be a long-standing drought of Nintendo Switch 2 availability after all. The console has been easy to buy online from several retailers this week, including Best Buy, Target, and Walmart. Amazon, which didn’t sell the Switch 2 at launch, is currently selling it by invitation only. The console’s messy preorder process and spotty launch availability made it feel a little like late 2020 all over again, when the PlayStation 5, X

Anker is no longer selling 3D printers

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. In March, charging giant Anker announced it would spin out its 3D printer business into an “independent sub-brand,” stating that the new EufyMake would “continue to provide comprehensive customer service and support” for its original 3D printers the AnkerMake M5 and M5C. Now, the 3D printing community is wondering whether that was all a eu

Internet Archive Is Now a Federal Depository Library

While documents stored on microfiche or microfilm are easy to copy, they aren’t easy to access. The GPO has been moving toward digital preservation since 2016 and runs an online database of government records, and in recent years, it has ramped up efforts to digitize the Federal Depository Library Program. Participating libraries have largely pivoted to the GPO’s digital approach, but digitizing countless physical documents is a massive undertaking — one that the Internet Archive has experience

Intel drops 9% as chipmaker's foundry business axes projects, struggles to find customers

Intel 's stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its struggling business. Concerns about where that leaves Intel's chip manufacturing business overshadowed a better-than-expected earnings report late Thursday. Intel beat on revenue and issued a sales forecast for the third quarter that also topped estimates. The company reported adjusted earnings of 10 cents per share, topping the average analyst estimate of a penny, according t

Intel May Be Prepping a Massive Apology to Gamers

If the rumors are to be believed, Intel may be gearing up for a major apology to gamers in the form of a suite of gaming-specific CPUs. Intel has suffered through multiple crises, a CEO ouster, sweeping layoffs, and a dour outlook on the future of the once-massive chipmaker. To make its case to consumers, Intel needs goodwill, and who better to get it from than the outspoken gamer crowd? Multiple semi-reliable leakers have come out of the woodwork to talk about Intel’s plans to copy what makes

Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15%—more than 25,000 jobs—aiming to end the year with about 75,000 employees worldwide. The cuts are part of the struggling chipmaker’s efforts to turn things around and compete in the booming AI market. Intel isn’t alone among Silicon Valley giants making job cuts as AI becomes a bigger priority. Meta announced it was cutting about 5% of its staff in January. Google is offe

Topics: ai company intel just tan

Intel May be Prepping a Massive Apology to Gamers

If the rumors are to be believed, Intel may be gearing up for a major apology to gamers in the form of a suite of gaming-specific CPUs. Intel has suffered through multiple crises, a CEO ouster, sweeping layoffs, and a dour outlook on the future of the once-massive chipmaker. To make its case to consumers, Intel needs goodwill, and who better to get it from than the outspoken gamer crowd? Multiple semi-reliable leakers have come out of the woodwork to talk about Intel’s plans to copy what makes

Home Internet, Simplified: Here's Everything You Need to Know (but Were Too Afraid to Ask)

The best internet connection is one you don't ever notice, and while we use the internet for everything these days, most of us don't know the first thing about our internet plan beyond the bill. As broadband experts, we've come a long way in terms of reading broadband nutrition labels, deciphering ISP-marketing jargon and learning how to boost our own home networks. In this article, we'll give you the rundown on how your internet works and how to pick the best possible plan. But if you take awa

Internet Archive is now an official US government document library

The US Senate has granted the Internet Archive federal depository status, making it officially part of an 1,100-library network that gives the public access to government documents, KQED reported. The designation was made official in a letter from California Senator Alex Padilla to the Government Publishing Office that oversees the network. "The Archive's digital-first approach makes it the perfect fit for a modern federal depository library, expanding access to federal government publications a

Rocket Report: Channeling the future at Wallops; SpaceX recovers rocket wreckage

Welcome to Edition 8.04 of the Rocket Report! The Pentagon's Golden Dome missile defense shield will be a lot of things. Along with new sensors, command and control systems, and satellites, Golden Dome will require a lot of rockets. The pieces of the Golden Dome architecture operating in orbit will ride to space on commercial launch vehicles. And Golden Dome's space-based interceptors will essentially be designed as flying fuel tanks with rocket engines. This shouldn't be overlooked, and that's

Intel confirms it will dramatically cut its workforce by the end of 2025

Intel provided more detail about the scope of its planned job cuts and other business changes while sharing its second-quarter earnings results. Reports in April suggested that Intel could eliminate around 20 percent of its staff in a restructuring plan. Today, the chipmaker said it anticipates having a core workforce of 75,000 employees by the end of 2025. It's a dramatic reduction considering that, at the close of the previous fiscal year, the company employed around 108,900 people. These cut

The 5 best Mint alternatives to replace the budgeting app that shut down

Engadget has been testing and reviewing consumer tech since 2004. Our stories may include affiliate links; if you buy something through a link, we may earn a commission. Read more about how we evaluate products . If you haven't already switched, we rounded up the best Mint alternatives to replace the app that shut down. As a long-time Mint user, I was frustrated to say the least when news broke at the end of 2023 that Intuit would shut Mint down. I, like millions of others, enjoyed how easily

Topics: app apps like mint money

You Can Now Get Starlink for Just $15 a Month in New York, but There Are Still Some Hurdles

Starlink has brought high-speed internet to millions of rural Americans for the first time. It’s also one of the most expensive internet service providers in the country. So, how is it available in New York for just $15 a month? If Starlink wants to sell internet in the state, it has no choice. That’s thanks to the Affordable Broadband Act, a New York state law passed in January. However, customers will still have to pay $349 upfront for Starlink's equipment kit. That might be an insurmountable

Intel is laying off 24,000 employees and retreating from some countries

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a resul

This Ultra-Repairable Bluetooth Speaker Addresses the Ugliest Part of Consumer Tech

Right to repair is a big deal lately, and there are plenty of new products that prove it. One of the best examples in the tech world is Framework, which has grown immensely by centering modularity and repairability in the ethos of its laptops and new mini desktop PC. And like any gadget trend worth its weight in lithium-ion, other hardware companies are taking note and hopping on the repairability bandwagon. I’m elated to say that this headwind of modularity has now been extended to the world of

Intel confirms it will cut a third of its workforce by the end of 2025

Intel provided more detail about the scope of its planned job cuts and other business changes while sharing its second-quarter earnings results . Reports in April suggested that Intel could eliminate around 20 percent of its staff in a restructuring plan. Today, the chipmaker said it anticipates having a core workforce of 75,000 employees by the end of 2025. That's about a third less than the 108,900 people it employed at the close of the previous fiscal year. These cuts are part of the company

Python classes aren’t always the best solution

Python is an incredibly versatile programming language known for its simplicity and readability. Among its features, the ability to use classes for object-oriented programming is both powerful and frequently recommended. However, classes aren’t always the best solution. In many cases, Python’s built-in types, functions, and standard library modules provide simpler, cleaner alternatives. Here are several scenarios where you might not need a Python class: Simple Data Containers: Use Named Tuples

Superfunctions: A universal solution against sync/async fragmentation in Python

This library is designed to solve one of the most important problems in python programming - dividing all written code into 2 camps: sync and async. We get rid of code duplication by using templates. Table of contents Quick start Install it: pip install transfunctions And use: from asyncio import run from transfunctions import ( transfunction , sync_context , async_context , generator_context , ) @ transfunction def template (): print ( 'so, ' , end = '' ) with sync_context : print ( "it's

Intel CEO Letter to Employees

Ahead of the financial news from Intel INTC 0.00%↑ coming out later today, the following message was sent to Intel employees from the CEO. We’re sharing it here in full, with commentary to follow. Key points: To: All Employees Subject: Steps in the Right Direction From: LBT Date/Time: July 24, 2025 at 1:01 pm PT Team, This afternoon, we reported our Q2 2025 results. We delivered revenue above the high end of our guidance, reflecting solid demand and execution across the business. I want t

Today's Wordle Hints, Answer and Help for July 25, #1497

Looking for the most recent Wordle answer? Click here for today's Wordle hints, as well as our daily answers and hints for The New York Times Mini Crossword, Connections, Connections: Sports Edition and Strands puzzles. Today's Wordle puzzle is a pretty tough one. I honestly don't think of it as an actual dictionary-approved word, but rather a slang term. If you need a new starter word, check out our list of which letters show up the most in English words. If you need hints and the answer, read

Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a resul

Intel continues to pull back on its manufacturing projects

Intel CEO Lip-Bau is making progress on his plan for the company to shed its inefficiencies. And that includes spiking several manufacturing projects. The semiconductor giant reported Thursday in its second-quarter earnings report that it will delay, and in some cases, not move forward with multiple manufacturing projects. Specifically, Intel said it was no longer going forward with its previously-announced projects in Germany and Poland. Those projects included an assembly and testing facility