Broadcom reported its fiscal third-quarter earnings yesterday — and the AI numbers are genuinely hard to absorb. AI semiconductor revenue reached $16.7 billion in the quarter, up 221% year over year and 54% from the previous quarter. Total consolidated revenue hit $29.6 billion, up 86%. Then came the guidance. Broadcom expects AI semiconductor revenue of…
Nvidia officially confirmed this morning that it has agreed to acquire Hugging Face for $12.93 billion — making it the chipmaker’s second-largest acquisition in history, behind only the $20 billion purchase of Groq assets last December. Jensen Huang announced the deal in a blog post, and the SEC 8-K was filed yesterday. The headline number…
On August 26, Meta agreed to pay approximately $18 billion to settle a landmark federal case brought by 52 state attorneys general accusing it of deliberately designing Facebook and Instagram to addict children — and of lying to the public about what it knew. District Court Judge Yvonne Gonzalez Rogers approved the settlement the same…
Uber is gone from Nigeria. Effective today, the company has shut down ride-hailing operations in a country it helped introduce to app-based transport back in 2014. Simultaneously, it has exited Uganda, the fourth African country it has left in under a year, following earlier withdrawals from Tanzania and South Africa’s smaller cities. Uber’s official statement…
The US Department of Defense today announced it has added OpenAI’s ChatGPT and xAI’s Grok to GenAI.mil — a secure internal platform that gives military and civilian DoD personnel access to commercial AI tools on a non-classified network. With today’s expansion, the platform is now available to all 3 million DoD personnel, with 1.7 million…
Tim Cook’s tenure as Apple CEO is officially over. Effective today, September 1, 2026, John Ternus — Apple’s former senior vice president of hardware engineering — takes over as the company’s third chief executive. Cook moves into the newly created role of executive chairman of Apple’s board of directors. The transition was not a surprise….
Hugging Face — best known as the platform where developers go to find and share open-source AI models — just launched a robot. It’s called the Microduck, it costs $399, it’s shaped like a duck, and it is genuinely one of the more interesting consumer tech launches of the year. Pre-orders opened yesterday. First deliveries…
Apple TV raised its subscription price today. Monthly plans go from $12.99 to $14.99. Annual plans go from $99 to $119. The Apple One individual bundle — which includes Apple TV alongside Music, Arcade, and iCloud+ — rises from $19.95 to $21.95 per month. The new prices apply to new subscribers immediately. Existing subscribers will…
The Bureau of Alcohol, Tobacco, Firearms and Explosives confirmed yesterday that one of its computer systems was compromised in a cyberattack — and named the incident a “major incident” under federal guidelines. The breach was claimed by Qilin, a Russia-linked ransomware gang that is currently one of the most active and destructive cybercrime operations in…
On Wednesday evening, two of the most important cybersecurity companies in the world reported earnings. By Thursday morning, CrowdStrike had posted its best single-day stock gain in company history, and Okta was not far behind. The broader cyber sector surged with them — Palo Alto Networks, Zscaler, SailPoint, and Rubrik all up at least 10%….
Google released Chrome 152 yesterday — and the security numbers are unlike anything seen in a single browser update before. The release patches 327 vulnerabilities in total: 10 rated critical, 61 high, 184 medium, and 72 low. It is the largest security patch in Chrome’s history by vulnerability count. More striking than the number is…
Boston Scientific disclosed this morning that a cyberattack detected yesterday has caused a global disruption to its operations — including its ability to process and ship customer orders. The company filed an 8-K with the US Securities and Exchange Commission and published a statement on its own website. Shares fell roughly 4% in morning trading….
Nvidia is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than $30 billion, according to people with knowledge of the discussion. The round would increase Perplexity’s valuation by more than 50% from its previous financing just a year ago. The headline is…