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U.S. Charges Two Chinese Nationals for Illegal Shipment of Nvidia AI Chips to China

Two Chinese nationals in California, Chuan Geng and Shiwei Yang, both 28, have been arrested and charged with illegally exporting tens of millions of dollars’ worth of artificial intelligence chips,…

Disney’s ESPN to Acquire NFL Media Assets in Landmark Deal

ESPN, a division of Walt Disney, has reached a significant agreement with the National Football League to acquire the NFL Network along with other media assets. In return, the NFL…

Zara Ads Banned Over Use of ‘Unhealthily Thin’ Models

Two adverts by fashion brand Zara were banned by the Advertising Standards Authority (ASA) due to concerns that the models appeared “unhealthily thin.” The watchdog noted that shadows and poses…

NASA Accelerates Plans for Lunar Nuclear Reactor Amidst Global Competition

Acting NASA Administrator Sean Duffy has directed the agency to fast-track its plans to place a nuclear reactor on the moon’s surface. According to a directive dated July 31, the…

Reddit Temporarily Halts Plans for Paid Subreddits

Reddit is temporarily putting its plans for paid subreddits on hold. In a recent question-and-answer session, CEO Steve Huffman confirmed that while paid communities remain a viable “opportunity we believe…

Apple Open to Acquisitions to Strengthen Its Position in the AI Race

Apple CEO Tim Cook announced during the company’s latest earnings call that Apple is “significantly” increasing its investment in artificial intelligence technologies. He emphasized that AI will be embedded across…

Tesla Grants Musk $29 Billion in Shares Amid Uncertainty Over Previous Pay Package

Tesla’s board has granted CEO Elon Musk an interim compensation package worth approximately $29 billion, consisting of 96 million shares, according to a filing released Monday. The shares will vest…

Apple Surpasses 3 Billion iPhones Sold Worldwide

Apple CEO Tim Cook announced during the company’s third-quarter earnings call that Apple has sold 3 billion iPhones since the product’s launch in 2007. It took Apple nine years to…

Apple Plans to ‘Significantly’ Increase AI Investments, Says Tim Cook

Apple signaled a stronger commitment to artificial intelligence during its Q3 2025 earnings call, with CEO Tim Cook emphasizing the company’s belief in AI as a transformative technology. “We see…

Nvidia Poised to Regain Partial Access to China but Faces Declining AI Chip Market Share

Nvidia’s H20 AI chips are expected to re-enter the Chinese market following assurances from the Trump administration last month, which allowed a resumption of exports after an effective ban in…

Meta and Microsoft Surge on Robust Earnings Amid AI Spending Boom

Shares of Meta rose 11%, while Microsoft’s stock climbed 4% on Thursday following better-than-expected quarterly earnings that beat both revenue and profit forecasts. Both companies have been heavily investing in…

Microsoft Ends Practice of Naming Competitors in Regulatory Filings

Microsoft has ended a decades-long practice of explicitly naming its rivals in regulatory filings. Its latest annual report, released Wednesday, contains no mentions of longtime competitors such as Apple or…

OpenAI to Launch Its First European AI Data Center in Norway

OpenAI revealed plans on Thursday to launch Stargate Norway, its inaugural AI data center in Europe. The project is a partnership with British AI cloud infrastructure company Nscale and Norwegian…

Tesla Stops Accepting Orders for Model S and X in Europe

Tesla has quietly stopped accepting new orders for its Model S and Model X luxury electric vehicles across Europe. After reviewing Tesla’s European websites—including Italy, Germany, France, Spain, and Croatia—it…

Ford Estimates $2 Billion Impact from Trump Tariffs This Year

Ford, a major player in the motor industry, has announced it anticipates tariffs will cost the company approximately $2 billion this year, a figure higher than its previous forecast. The…

OpenAI Leads One of Europe’s Largest Data Centers Featuring 100,000 Nvidia Chips

OpenAI announced Thursday that it is launching its first AI data center project in Europe, branded as Stargate, located in Norway. The initiative marks a significant expansion of OpenAI’s global…

Nvidia Denies ‘Backdoor’ Claims in China-Bound H20 AI Chips Amid Beijing Security Concerns

Nvidia has firmly denied that its chips contain any “backdoors” enabling unauthorized access or control, following a meeting between its officials and Chinese regulators over concerns related to its H20…

Meta Plans to Invest Up to $72 Billion in AI Infrastructure in 2025 Amid Compute Arms Race

Meta announced in its second-quarter earnings report that it plans to more than double its spending on AI infrastructure, including data centers and servers. The company expects its 2025 capital…

SpaceX Hit with Two New Lawsuits Alleging Retaliation Over Safety Concerns

Robert Markert, a longtime supervisor at SpaceX, claims he warned leadership that part of the rocket fairing recovery process posed serious safety risks that could cause injury or death. According…

US Companies Face ‘Nightmare’ Tariff Wall Challenges

President Donald Trump’s return to office shook global trade with new and higher tariffs, initially targeting Chinese imports and quickly expanding to goods from nearly every country. Rising Costs Hit…