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Nvidia reportedly plans to release new AI chip designed for China

techcrunch.com Rebecca Szkutak 2025-08-02 08:29:32

In Brief Nvidia seems determined to find a way to sell AI chips in China despite U.S. export restrictions. The semiconductor giant is planning to launch an AI chip specifically for the Chinese market as early as September, as originally reported by the Financial Times. This AI chip would be based on Nvidia’s Blackwell RTX Pro 6000 processor, which is already modified to meet the existing AI chip restrictions, the Financial Times added. These chips wouldn’t include high-bandwidth memory or NVL

Topics: ai chip chips company nvidia

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Tesla Is in Serious Trouble in China

futurism.com Unknown 2025-08-02 16:07:55

As its sales continue to crater in the US and Europe, Tesla's reliance on China — its second-largest market and biggest production hub — is growing. But thanks to a surge in far more price-competitive and lucrative offerings from Chinese EV manufacturers like BYD, Tesla's woes look poised to metastasize there as well. Its market share in China is shrinking, the Wall Street Journal reports, which could represent yet another nail in Elon Musk's carmaker's coffin. The company sold 40,000 fewer ca

Topics: china chinese company musk tesla

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Samsung to launch a triple-folding phone this year

techcrunch.com Ivan Mehta 2025-08-03 05:36:56

In Brief Samsung just yesterday launched its newest slate of foldable smartphones, but that might not be the only foldable phones the company releases this year: The company is reportedly preparing to launch a triple-folding smartphone before the year’s end. Samsung’s consumer electronics head, TM Roh, told the Korea Times that the company aims to release such a device this year. “I expect we will be able to launch the tri-fold phone within this year. We are now focusing on perfecting the pro

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A Virginia public library is fighting off a takeover by private equity

news.ycombinator.com Unknown 2025-08-03 07:05:46

Photo from The Samuels Public Library After being targeted by anti-LGBTQ book banners and having their funding pulled, a local library in Virginia successfully stopped a threatened takeover by a private equity group. The local community rallied around The Samuels Public Library in Front Royal, Virginia, to push back against attacks and the private equity owned Library Systems & Services withdrew their bid to run operations. But with their funding cut for the fiscal year that began this July, th

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Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs

techcrunch.com Rebecca Bellan 2025-08-03 08:06:01

Microsoft’s chief commercial officer Judson Althoff said during a presentation this week that AI tools are boosting productivity across sales, customer service, and software engineering, Bloomberg reports. Althoff noted AI has been so useful that Microsoft was able to save more than $500 million last year in its call center alone. The internal remarks come a week after Microsoft laid off more than 9,000 workers, the company’s third round of layoffs this year that put the total number of affecte

Topics: ai billion company layoffs microsoft

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Linda Yaccarino is leaving X

news.ycombinator.com Mike Isaac 2025-08-03 04:52:04

Linda Yaccarino, the chief executive of X and a top lieutenant to its owner, Elon Musk, said on Wednesday that she was leaving the company two years after joining the social media platform. In a post on X, Ms. Yaccarino, 61, said: “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I’m immensely grateful to him for entrusting me.” She did not provide a reason for her departure. Ms. Yacc

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Judge Finds Tesla Has Failed to Deliver Full Self-Driving, Needs to Issue Refund

futurism.com Unknown 2025-08-03 16:38:59

After a year of fighting out his case in arbitration, a Tesla owner successfully forced Elon Musk's EV maker to reimburse him the $10,000 he paid for the company's misleadingly-called "Full Self-Driving" driver assistance package, Electrek reports. For over a decade now, Musk has made yearly promises that Teslas will be capable of driving themselves. But the software, even after all these years, still requires users to be able to take over control at any time, making it no more than a middle-o

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Nvidia briefly touched $4 trillion market cap for first time

cnbc.com Samantha Subin Kif Leswing 2025-08-03 20:25:35

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia stock rose on Wednesday lifting the company's market cap briefly past $4 trillion for the first time as investors scooped up shares of the tech giant that's building the bulk of the hardware for the generative artificial intelligence boom. However, Nvidia stock ended finishing the day only up 1.

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X CEO Linda Yaccarino is now X’s ex-CEO

9to5mac.com Marcus Mendes 2025-08-03 20:20:42

Linda Yaccarino has announced that she’s stepping down as CEO of X, a little over two years after being tapped by Elon Musk to lead the platform formerly known as Twitter. Here’s what she had to say. ‘Two incredible years’ In a post on X earlier today, Yaccarino reflected on her time at the company, thanking users, business partners, and the team for what she described as “two incredible years” at the helm: After two incredible years, I’ve decided to step down as CEO of 𝕏. When @elonmusk a

Topics: company plans xai yaccarino years

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Perplexity challenges Chrome by launching a (very expensive) AI web browser

androidauthority.com Unknown 2025-08-04 00:44:30

TL;DR Perplexity is rolling out a new browser called “Comet.” Comet is currently only available to users who subscribe to the Perplexity Max plan. Availability will expand on an invite-only basis. It appears the rise of AI-centered browsers is upon us. Not too long ago, The Browser Company revealed it was moving on from its quirky Arc browser and shifting focus to its AI-powered successor, Dia. As The Browser Company continues to work on Dia, which is currently in beta, AI startup Perplexity

Topics: ai browser comet company perplexity

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Neobank Revolut seeks $65B valuation, a year after its $45B deal

techcrunch.com Dominic-Madori Davis 2025-08-04 00:57:39

In Brief Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports. The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones. The US-based firm Greenoaks is said to be leading the round, though the deal has not been finalized, and terms could change. TechCrunch reported in April that the company saw a 72% increase in revenue last year, netting $1

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Northwood Space successfully tests second-generation phased array antenna

arstechnica.com Unknown 2025-08-04 08:00:37

Northwood Space has completed initial testing of the second generation of its phased array antenna technology, which can simultaneously communicate with spacecraft across a range of orbits, from near Earth all the way out to geostationary space. The prototype gateway was able to connect with several satellites in space during recent testing, said Bridgit Mendler, co-founder and chief executive of Northwood Space. This successful demonstration has given Northwood confidence to move into commerci

Topics: antenna company northwood satellites space

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X CEO Linda Yaccarino is stepping down after two years

engadget.com Unknown 2025-08-04 16:46:42

Linda Yaccarino is stepping down as CEO of X, apparently effective immediately. She posted the news, naturally, on X, saying "I’m immensely grateful to [Elon Musk] for entrusting me with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App." She went on to say that "the historic business turn around we have accomplished together has been nothing short of remarkable." Reasonable minds can differ on if any of those things have happene

Topics: company free musk speech yaccarino

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Nvidia Becomes First Company to Reach $4T Market Cap

news.ycombinator.com Samantha Subin Kif Leswing 2025-08-04 14:45:54

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia stock jumped more than 2% on Wednesday, lifting the company's market cap past $4 trillion for the first time as investors scooped up shares of the tech giant building the bulk of the hardware for the generative artificial intelligence boom. The chipmaker is the first company to ever achieve this

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Linda Yaccarino steps down as CEO of Elon Musk’s X

techcrunch.com Amanda Silberling 2025-08-04 16:04:59

Linda Yaccarino, CEO of X, stepped down from her role on Wednesday morning after two years. “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company,” Yaccarino wrote. “I’m immensely grateful to him for entrusting me with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App.” After two incredible years, I’ve decided to step down a

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Nvidia becomes world's first $4tn company

feeds.bbci.co.uk Unknown 2025-08-04 20:56:18

Nvidia becomes world's first $4tn company Nvidia has become the first company in the world to reach a market value of $4tn. Shares in the chip-maker rose by as much as 2.4% to $164 on Wednesday, as the company continues to benefit from the ongoing surge in demand for the tech that powers artificial intelligence (AI). The US-based company reached a market value of $1tn for the first time in June 2023, and has continued to climb rapidly since. "This is a historical moment for Nvidia", tech ana

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Linda Yaccarino steps down as CEO of Elon Musk's X

cnbc.com Ashley Capoot 2025-08-04 20:59:26

Linda Yaccarino, CEO, X/Twitter speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. Linda Yaccarino on Wednesday announced she is stepping down as CEO of Elon Musk's social media site X after two years in the role. Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments on Tuesday and referenced Hitler in response to posts about the Texas flo

Topics: ceo company media musk yaccarino

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Increasingly Paranoid OpenAI Has Installed Fingerprint Scanners and Airgapped Systems to Prevent Secrets Escaping

futurism.com Unknown 2025-08-04 19:08:23

As the United States embroils itself in a self-inflicted "arms race" with China, tech companies are ratcheting up the paranoia to extreme levels. Take ChatGPT's creator OpenAI, which is reportedly clamping down hard on physical security after it says it was "targeted" by Chinese AI rivals. Per the Financial Times, the company has gone as far as installing fingerprint "biometric access controls" around its offices, as well as electronically-dependent security airlocks, similar to the kind found

Topics: ai company openai security tech

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Nvidia beats Apple to a $4T valuation as it rides AI wave

9to5mac.com Ben Lovejoy 2025-08-04 20:12:05

Nvidia, the US company specializing in high-performance GPU cards, has become the first ever company with a market capitalization of four trillion dollars. It is now the most valuable company in the world, ahead of Apple and Microsoft. It’s a little over a year since the company overtook AAPL thanks to a spectacular rise in value that saw it go from being worth $2T to more than $3T in just four months … Nvidia is best known for its high-end GPU chips used in gaming computers, and until the las

Topics: apple company demand dollars nvidia

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Samsung's slimmer Galaxy Watch 8 series includes Gemini access

engadget.com Unknown 2025-08-04 20:00:01

Samsung just unveiled the Galaxy Watch 8 at its Unpacked event today. This is a fairly major redesign with some nifty-looking features. It boasts a smaller profile, with the company claiming it's the slimmest smartwatch it has ever made. It's 8.6mm thick, which makes it around 11 percent slimmer than the Watch 7. It ships with a new test that gauges the levels of antioxidants in the body. This is done by leveraging optical sensors. We gave this feature a try in a hands-on demo and came away fai

Topics: company galaxy new samsung watch

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Treasury sanctions North Korean over IT worker malware scheme

bleepingcomputer.com Unknown 2025-08-04 20:43:11

The U.S. Department of the Treasury sanctioned cyber actor Song Kum Hyok for his association with North Korea's hacking group Andariel and for facilitating IT worker schemes that generated revenue for the Pyongyang regime. Considered a sub-cluster of the Lazarus group linked to North Korea's Reconnaissance General Bureau, the Andariel state actor is focused mostly on financially-motivated operations like ransomware (Maui, Play) and cryptocurrency heists. Song Kum Hyok has been identified as a

Topics: companies company north russian workers

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X Chief Says She Is Leaving the Social Media Platform

news.ycombinator.com Mike Isaac 2025-08-04 20:52:04

Linda Yaccarino, the chief executive of X and a top lieutenant to its owner, Elon Musk, said on Wednesday that she was leaving the company two years after joining the social media platform. In a post to X, Ms. Yaccarino, 61, said, “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I’m immensely grateful to him for entrusting me.” She did not provide a reason for her departure. Ms. Yacc

Topics: billion company mr musk said

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X CEO Linda Yaccarino is stepping down after two years

theverge.com Jay Peters 2025-08-04 20:56:05

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Linda Yaccarino is stepping down as CEO of X after two years running the company, she announced today. She was appointed its CEO in the year after Elon Musk bought and renamed the company previously known as Twitter — so far, there is no word on who will replace her. “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to car

Topics: ceo company said twitter yaccarino

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Nvidia hits $4 trillion market cap, first company to do so

cnbc.com Samantha Subin Kif Leswing 2025-08-05 00:52:47

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative artificial intelligence boom. The chipmaker is the first company to ever achieve this market value. Nvidia is the wo

Topics: company nvidia recent shares trillion

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HBO Max comes full circle, and this time your apps will auto-update

9to5mac.com Ben Lovejoy 2025-08-05 02:56:29

The HBO streaming video app became HBO Max when the company added Warner Bros movies and Turner TV shows. In the worst rebrand since Twitter became X, the company later dropped the unique and valuable HBO part of the name and kept the generic and worthless Max part. Two years later, the company is fixing that. It today becomes HBO Max once more – and this time around, your apps should automatically update … Musk still holds the dumbest rebrand award thanks to throwing away a global household n

Topics: app branding company hbo max

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An AI That Promises to “Solve All Diseases” Is About to Test Its First Human Drugs

gizmodo.com Luc Olinga 2025-08-05 13:07:39

Deep inside Alphabet, the parent company of Google, a secretive lab is working on a promise so audacious it sounds like science fiction: to “solve all diseases.” The company, Isomorphic Labs, is now preparing to start its first human clinical trials for cancer drugs designed entirely by artificial intelligence. In a recent interview with Fortune, Colin Murdoch, President of Isomorphic Labs and Chief Business Officer of Google DeepMind, confirmed the company is on the verge of this monumental st

Topics: ai company drug isomorphic labs

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The Hidden Cost of OpenAI’s Genius

gizmodo.com Luc Olinga 2025-08-05 13:55:27

OpenAI is the undisputed poster child of the AI revolution, the company that forced the world to pay attention with the launch of ChatGPT. But behind the scenes, a desperate and wildly expensive battle is raging, and the cost of keeping the company’s geniuses in-house is becoming astronomical. According to a recent report from The Information, OpenAI revealed to investors that its stock-based compensation for employees surged more than fivefold last year to an astonishing $4.4 billion. That fig

Topics: company compensation openai revenue stock

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Apple COO Jeff Williams is retiring this year

engadget.com Unknown 2025-08-05 20:13:30

Jeff Williams is stepping down from his post as chief operating officer at Apple, the company announced today. Sabih Khan, senior vice president of operations for the company, will take over the COO title later this month. Following Williams' retirement later this year, the design team that he had overseen will report directly to CEO Tim Cook. He also leads the teams for the Apple Watch and the company's Health initiatives, but no details have been shared yet about who will head up those section

Topics: apple company cook khan williams

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One of Tim Cook’s possible successors is leaving Apple

theverge.com Emma Roth 2025-08-06 04:54:57

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. Apple has announced that Sabih Khan, the company’s vice president of operations, will take over for Jeff Williams as chief operating officer later this month. In an announcement on Tuesday, Apple said the move is part of a “long-planned succession” that has Williams retiring at the end of this year. Williams, who oversaw the introduction of the iPo

Topics: apple company cook later williams

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US government confirms arrest of Chinese national accused of stealing COVID research and mass-hacking email servers

techcrunch.com Zack Whittaker 2025-08-06 04:40:42

In Brief The U.S. Justice Department has confirmed the arrest of Chinese national Xu Zewei, an alleged prolific contract hacker who carried out cyberattacks for China. Xu was arrested in Italy at the request of U.S. prosecutors. Xu and another Chinese national Zhang Yu, who remains at large, are accused in a nine-charge indictment of “hacking and stealing crucial COVID-19 research” from U.S. universities during February 2020. The DOJ said Xu worked for a company called Shanghai Powerock Networ

Topics: called chinese company hacking xu

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Latest Tech News

Nvidia reportedly plans to release new AI chip designed for China

Tesla Is in Serious Trouble in China

Samsung to launch a triple-folding phone this year

A Virginia public library is fighting off a takeover by private equity

Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs

Linda Yaccarino is leaving X

Judge Finds Tesla Has Failed to Deliver Full Self-Driving, Needs to Issue Refund

Nvidia briefly touched $4 trillion market cap for first time

X CEO Linda Yaccarino is now X’s ex-CEO

Perplexity challenges Chrome by launching a (very expensive) AI web browser

Neobank Revolut seeks $65B valuation, a year after its $45B deal

Northwood Space successfully tests second-generation phased array antenna

X CEO Linda Yaccarino is stepping down after two years

Nvidia Becomes First Company to Reach $4T Market Cap

Linda Yaccarino steps down as CEO of Elon Musk’s X

Nvidia becomes world's first $4tn company

Linda Yaccarino steps down as CEO of Elon Musk's X

Increasingly Paranoid OpenAI Has Installed Fingerprint Scanners and Airgapped Systems to Prevent Secrets Escaping

Nvidia beats Apple to a $4T valuation as it rides AI wave

Samsung's slimmer Galaxy Watch 8 series includes Gemini access

Treasury sanctions North Korean over IT worker malware scheme

X Chief Says She Is Leaving the Social Media Platform

X CEO Linda Yaccarino is stepping down after two years

Nvidia hits $4 trillion market cap, first company to do so

HBO Max comes full circle, and this time your apps will auto-update

An AI That Promises to “Solve All Diseases” Is About to Test Its First Human Drugs

The Hidden Cost of OpenAI’s Genius

Apple COO Jeff Williams is retiring this year

One of Tim Cook’s possible successors is leaving Apple

US government confirms arrest of Chinese national accused of stealing COVID research and mass-hacking email servers

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