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Apple announces $100 billion US manufacturing plan after pressure from Donald Trump

theverge.com Emma Roth 2025-12-12 16:07:49

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 is putting another $100 billion toward expanding manufacturing in the US as the company responds to pressure from President Donald Trump to manufacture more of its products in the US. The move builds upon the company’s initial plan to invest $500 billion in the US over the next four years, and includes a new American Manufacturing Program that

Topics: apple manufacturing new tariffs trump

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Apple made a 24k gold and glass statue for Donald Trump

theverge.com Jay Peters 2025-12-12 16:48:32

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Posts from this author will be added to your daily email digest and your homepage feed. At a White House press conference to discuss Apple’s new US manufacturing plans, CEO Tim Cook presented a gift to President Donald Trump: a “unique” piece of glass from iPhone glass manufacturer Corning that’s set in a 24-karat gold base. The piece of glass is a large disc with the Apple

Topics: apple cook glass president trump

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

cnbc.com Annie Palmer 2025-12-12 21:02:51

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

Topics: company guidance quarter shopify year

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AMD stock slumps 6% on earnings miss, China AI chip concerns

cnbc.com Samantha Subin 2025-12-12 21:08:26

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Shares of Advanced Micro Devices slumped more than 6% after the chipmaker's earnings fell short of earnings expectations and raised concerns about the timing of a restart in China shipments. The Santa Clara, California-based company reported adjusted earnings of 48 cents per share, falling short of the 49 cents per share expected by analyst

Topics: analysts china company said su

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OpenAI is giving ChatGPT to the government for $1

cnbc.com Ashley Capoot 2025-12-12 17:29:51

OpenAI CEO Sam Altman speaks during the US Federal Reserve Board of Governors' "Integrated Review of the Capital Framework for Large Banks Conference" at the Federal Reserve in Washington, DC, on July 22, 2025. OpenAI on Wednesday announced it will offer its ChatGPT Enterprise product to U.S. federal agencies for $1 through the next year, making its technology available to the federal executive branch workforce at "essentially no cost." The company has been working to deepen its ties to lawmak

Topics: access chatgpt company federal openai

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Watch live: Apple CEO Cook joins Trump for investment announcement at White House

cnbc.com Kif Leswing 2025-12-12 21:18:46

CEO Tim Cook will join President Donald Trump in the Oval Office for an announcement touting an update to the company's stated plans to spend and invest in the U.S. It's scheduled for 4:30 p.m. ET. Apple will raise its previous commitment, made in February, from $500 billion to $600 billion over the next four years, a White House official told CNBC. It will also announce a new manufacturing effort called the American Manufacturing Program, the official said. Apple shares rose 5% during tradin

Topics: apple ceo cook manufacturing trump

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DoorDash shares rise on earnings, revenue beat

cnbc.com Ari Levy 2025-12-12 21:37:50

Doordash food delivery service in New York City on Feb. 13, 2025. DoorDash shares climbed about 5% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter. Here's how the company did compared to analyst estimates based on LSEG's consensus: Earnings per share : 65 cents vs. 44 cents expected : 65 cents vs. 44 cents expected Revenue: $3.28 billion vs. $3.16 billion expected Revenue jumped 25% from $2.63 billion

Topics: billion cents company doordash expected

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Airbnb beats on top and bottom lines for second quarter

cnbc.com Ashley Capoot 2025-12-12 21:25:32

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

Topics: airbnb billion company expected quarter

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CarPlay in iOS 26 has a new, improved solution for phone calls

9to5mac.com Ryan Christoffel 2025-12-12 20:43:53

After years of minimal changes, CarPlay is getting a huge update this fall. Among the variety of big and small new features in iOS 26, CarPlay has a much improved solution for how incoming phone calls are handled. New compact view for incoming phone calls won’t get in the way of navigation If you get many phone calls, you’ve likely encountered a dilemma while driving. You’re navigating somewhere, with Maps guiding the way, when a phone call comes in. In some cases, this probably isn’t a big

Topics: calls carplay compact ios phone

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Super Micro stock sinks 18% after earnings, outlook disappoint

cnbc.com Annie Palmer 2025-12-13 02:57:28

Super Micro Computer shares plunged 18% on Wednesday after the company posted weaker-than-expected fiscal fourth quarter results, dented in part by President Donald Trump's tariffs. CEO Charles Liang told investors on a conference call that the company has "taken measures to reduce the impact" of the tariffs. "With respect to the tariffs, the situation is dynamic," CFO David Weigand said on the investor call. "We're actively monitoring the tariff environment. We know there's news coming out ne

Topics: billion cents company liang tariffs

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Amazon's Zoox robotaxi unit clears regulatory hurdle, safety probe

cnbc.com Annie Palmer 2025-12-13 02:48:52

Amazon's Zoox robotaxi unit is ramping up vehicle production at a new facility in Hayward, California. Amazon 's Zoox has cleared a key regulatory hurdle, paving the way for demonstrations of its self-driving robotaxis. The National Highway Traffic Safety Administration said Wednesday that it granted Zoox an exemption from some requirements, a first for U.S.-built vehicles under a recently expanded program. "Transportation innovators can be confident in getting speedy review of their vehicles

Topics: exemption safety said vehicles zoox

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Comptime.ts: compile-time expressions for TypeScript

news.ycombinator.com Muthu Kumar 2025-12-09 11:11:40

⚡️ comptime.ts A dead-simple TypeScript compiler that does one thing really well: enables compile-time evaluation of expressions marked with comptime . This is useful for optimising your code by moving computations from runtime to compile time. This project was inspired by Bun macros and Zig comptime (hence the name). Warning: You are responsible for ensuring that the expressions you mark with comptime are safe to evaluate at compile time. comptime.ts does not perform any isolation. However,

Topics: comptime const import time ts

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The Money OpenAI Is Making by Betraying Its Nonprofit Roots Is Obscene

futurism.com Unknown 2025-12-13 05:10:40

OpenAI was founded as a nonprofit research institute, dedicated to realizing an "artificial general intelligence" that benefits all of humanity. In a December 2015 blog post introducing the company, its founders, including current CEO Sam Altman and his now bitterly-departed rival Elon Musk, said that to accomplish its goal, it would have to be "unconstrained by a need to generate financial return." "Since our research is free from financial obligations, we can better focus on a positive human

Topics: ai company financial openai profit

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Companies Find Potential Way to Avoid Trump Tariffs and Keep Prices Low

gizmodo.com Lucas Ropek 2025-12-13 06:35:50

Donald Trump’s tariff regime has been scoffed at by business leaders and world economists (Larry Summers, for instance, called it both “crazy” and “dumb”), but the White House hasn’t backed down from its highly unconventional program. The tariffs, which are taxing American businesses on their imports, are reportedly generating billions of dollars in revenue for the federal government on a month-to-month basis. Many businesses aren’t happy about it, however, and now several lawsuits are threateni

Topics: administration businesses government tariffs trump

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Apple shares pop 5% ahead of Trump-Cook investment announcement at White House

cnbc.com Kif Leswing 2025-12-13 11:38:31

Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California. Apple shares popped 5% Wednesday, ahead of an Oval Office event touting an update to the company's stated plans to spend and invest in the U.S. CEO Tim Cook will join President Donald Trump for the announcement set for 4:30 p.m. ET. Apple will up its previous commitment, made in February, from $500 billion to $600 billion over the next four years, a White House official

Topics: apple ceo cook official trump

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LLM Inflation

news.ycombinator.com Unknown 2025-12-13 03:44:38

One of the signal achievements of computing is data compression : we take in data, make it smaller while retaining all information (“lossless” compression), transmit it, and then decompress it back to the original at the other end. For many years, compression was an absolute requirement to get things done: storage devices were too small for the data we wanted to store and networks too slow to transmit what we wanted at an acceptable speed. Today compression is less often an absolute requiremen

Topics: compression computer email llms new

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Tim Cook to Appear With Trump at the White House as Apple Announces $100 Billion Investment

gizmodo.com Matt Novak 2025-12-13 11:15:00

Apple CEO Tim Cook will join President Donald Trump at the White House Wednesday afternoon to announce a new $100 billion pledge to invest in the United States, according to a report from CNBC. Dubbed the “American Manufacturing Program,” Cook’s appearance comes on the same day that Trump has pledged to raise tariffs on goods from India to 50%, though it’s still unclear if Apple’s goods manufactured in that country will be exempt from the historically high rate. “Today’s announcement with Apple

Topics: apple cook india tariff trump

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Apple Will Commit $100 Billion More to US Manufacturing, White House Source Says

cnet.com See Full Bio 2025-12-13 10:40:00

Apple is said to be increasing its investment in US production by another $100 billion, per an agreement touted by the White House. In a statement planned for 4:30 p.m. ET on Aug. 6, President Donald Trump is set to unveil the creation of American Manufacturing Program. It will be part of an agreement that would raise the US production investments from world's top tech company from $500 billion, as previously announced, to $600 billion over the next four years. Apple said in February it was als

Topics: apple billion company products tariffs

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Match Group pops 10% as dating company shows early signs of a turnaround

cnbc.com Samantha Subin 2025-12-13 16:16:49

Match Group shares popped more than 10% on Wednesday after the online dating company issued upbeat guidance and said new products are showing promise as it attempts to turnaround its business. The Dallas-based company said it expected revenues between $910 million and $920 million in the current quarter, beating a $890 million estimate from analysts polled by FactSet. "We are operating like a company that is just getting started, and we believe the best chapters of the category and company are

Topics: company match million new said

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Joe Keery and Liam Neeson Team Up for a Gross-Out Sci-Fi Film From the Writer of ‘Jurassic Park’

gizmodo.com Germain Lussier 2025-12-13 16:50:58

There aren’t many writers who you’d give top billing to over the cast, director, or intellectual property. But most writers aren’t David Koepp. Koepp may not be a household name, but his films are. He’s written the scripts for Jurassic Park, Mission: Impossible, Spider-Man, the last two Indiana Jones movies, Death Becomes Her, Panic Room, and more. He also directs (Premium Rush, Ghost Town, Stir of Echoes) and is a novelist too. He’s a pretty prolific guy and the primary author behind a brand ne

Topics: base campbell cold koepp storage

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OpenAI Announces Massive US Government Partnership

wired.com Zoë Schiffer 2025-12-13 16:48:11

OpenAI is partnering with the US government to make its leading frontier models available to federal employees. Under the agreement, federal agencies can access OpenAI’s models for $1 for the next year, per a Wednesday announcement from the company and the General Services Administration (GSA). The partnership is the culmination of months of effort on the part of OpenAI CEO Sam Altman and other OpenAI executives, who have been cozying up to the Trump administration since before President Donald

Topics: agencies ai government openai trump

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AMD stock slumps 7% on earnings miss, China AI chip concerns

cnbc.com Samantha Subin 2025-12-13 21:27:48

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Shares of Advanced Micro Devices slumped more than 7% after the chipmaker's earnings fell short of earnings expectations and raised concerns about the timing of a restart in China shipments. The Santa Clara, California-based company reported adjusted earnings of 48 cents per share, falling short of the 49 cents per share expected by analyst

Topics: analysts china company said su

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Super Micro stock sinks 20% after earnings, outlook disappoint

cnbc.com Annie Palmer 2025-12-13 21:10:27

Super Micro Computer shares plunged 20% on Wednesday after the company posted weaker-than-expected fiscal fourth quarter results, dented in part by President Donald Trump's tariffs. CEO Charles Liang told investors on a conference call that the company has "taken measures to reduce the impact" of the tariffs. "With respect to the tariffs, the situation is dynamic," CFO David Weigand said on the investor call. "We're actively monitoring the tariff environment. We know there's news coming out ne

Topics: billion cents company liang tariffs

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Wild New Robot Dog Is So Strong You Can Ride It Like a Four-Legged Skateboard

futurism.com Unknown 2025-12-13 21:10:11

Silver Surfer Chinese robot maker Unitree has shown off its next quadripedal robot dog — and it's a doozy. The Unitree A2 Stellar Explorer, advertised as being "lighter, stronger, and faster," can perform some impressive stunts, from front flips and traversing extreme environments. In fact, it can even hold up the weight of an adult man riding it like a bizarre four-legged skateboard. As seen in a new promotional video, the A2 effortlessly holds up a 220-pound man who climbs onto its back. Ev

Topics: dog impressive like robot unitree

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Tim Cook expected at White House event, Apple ‘largely unaffected’ by India tariffs

9to5mac.com Zac Hall 2025-12-13 21:50:37

Two quick updates to a couple of stories from this morning involving Apple, the Trump administration, and increased India tariffs. First, CNBC reports that the $100 billion U.S. investment increase (over four years) announcement is currently scheduled for 4:30 ET today. Apple CEO Tim Cook is expected to appear alongside President Trump at what is said to be a televised event out of the Oval Office at the White House. It’s no coincidence that Apple will reportedly be “largely unaffected” by the

Topics: announcement apple increase tariffs trump

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AMD stock slumps 5% on earnings miss, China AI chip concerns

cnbc.com Samantha Subin 2025-12-14 02:01:03

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Shares of Advanced Micro Devices slumped more than 5% after the chipmaker's earnings fell short of earnings expectations and raised concerns about the timing of a restart in China shipments. The Santa Clara, California-based company reported adjusted earnings of 48 cents per share, falling short of the 49 cents per share expected by analyst

Topics: analysts china company said su

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The Militarization of Silicon Valley

news.ycombinator.com Sheera Frenkel 2025-12-14 02:13:39

But some tech executives and engineers are wrestling with the potential harms of the shift. Once they build autonomous drones and A.I. weapons for the military, they will have little control over how the technology is deployed. That has led to debates over whether more people will be killed by these advanced weapons than traditional ones, three engineers at Google and Meta said. “These Silicon Valley companies are hyper competitive, and in their drive to get into these defense sectors, there is

Topics: companies defense silicon tech valley

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The Extravagant Rise of the Corporate Incentive Trip

wired.com Anna Silman 2025-12-14 02:40:00

Business travel doesn’t typically conjure up the most glamorous images: working group sessions in overlit conference rooms, awkward dinners with coworkers at unmemorable chain restaurants. But for some lucky employees, there’s a special subset of work travel that isn’t just something to look forward to but something to fight for: the corporate incentive trip. Mark, a former sales director at LinkedIn who asked to not use his real name, is a frequent flyer in the world of corporate incentive tra

Topics: companies incentive says travel trip

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These Democrats Think the Party Needs AI to Win Elections

wired.com Makena Kelly 2025-12-14 02:52:56

The 2024 election cycle saw artificial intelligence deployed by political campaigns for the very first time. While candidates largely avoided major mishaps, the tech was used with little guidance or restraint. Now, the National Democratic Training Committee (NDTC) is rolling out the first official playbook making the case that Democratic campaigns can use AI responsibly ahead of the midterms. In a new online training, the committee has laid out a plan for Democratic candidates to leverage AI to

Topics: ai campaigns candidates training use

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

cnbc.com Annie Palmer 2025-12-14 06:37:36

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

Topics: company guidance quarter shopify year

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Latest Tech News

Apple announces $100 billion US manufacturing plan after pressure from Donald Trump

Apple made a 24k gold and glass statue for Donald Trump

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

AMD stock slumps 6% on earnings miss, China AI chip concerns

OpenAI is giving ChatGPT to the government for $1

Watch live: Apple CEO Cook joins Trump for investment announcement at White House

DoorDash shares rise on earnings, revenue beat

Airbnb beats on top and bottom lines for second quarter

CarPlay in iOS 26 has a new, improved solution for phone calls

Super Micro stock sinks 18% after earnings, outlook disappoint

Amazon's Zoox robotaxi unit clears regulatory hurdle, safety probe

Comptime.ts: compile-time expressions for TypeScript

The Money OpenAI Is Making by Betraying Its Nonprofit Roots Is Obscene

Companies Find Potential Way to Avoid Trump Tariffs and Keep Prices Low

Apple shares pop 5% ahead of Trump-Cook investment announcement at White House

LLM Inflation

Tim Cook to Appear With Trump at the White House as Apple Announces $100 Billion Investment

Apple Will Commit $100 Billion More to US Manufacturing, White House Source Says

Match Group pops 10% as dating company shows early signs of a turnaround

Joe Keery and Liam Neeson Team Up for a Gross-Out Sci-Fi Film From the Writer of ‘Jurassic Park’

OpenAI Announces Massive US Government Partnership

AMD stock slumps 7% on earnings miss, China AI chip concerns

Super Micro stock sinks 20% after earnings, outlook disappoint

Wild New Robot Dog Is So Strong You Can Ride It Like a Four-Legged Skateboard

Tim Cook expected at White House event, Apple ‘largely unaffected’ by India tariffs

AMD stock slumps 5% on earnings miss, China AI chip concerns

The Militarization of Silicon Valley

The Extravagant Rise of the Corporate Incentive Trip

These Democrats Think the Party Needs AI to Win Elections

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

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