Monthly Archives: August 2025

Intel stock rises as Trump says chipmaker has agreed to sell stake to government

President Trump said on Friday that the U.S. government is looking to take a 10% stake in struggling chipmaker Intel.

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Trump Says Intel Has Agreed to Give U.S. a 10% Stake in Its Business

The president’s comments follow his calls for the resignation of Intel’s chief executive this month.

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Nvidia Is Making a New Chip for China Amid Debate on AI Exports

Jensen Huang, Nvidia’s chief executive, said he plans to ask the Trump administration’s permission to sell a more powerful chip to Chinese companies.

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TikTok denies India comeback after reports of website going live

TikTok isn’t making a comeback in India.

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Apple is in talks to use Google’s Gemini for Siri revamp, report says

Apple promised a major revamp to Siri, but the company’s AI capabilities have lagged behind competitors.

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Y Combinator says Apple’s App Store has hindered startup growth

Y Combinator is asking the court to deny Apple’s appeal. 

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Ether surges, trading close to its record again after Powell speech teasing rate cuts

The price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts.

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NVIDIA CEO Dismisses Chip Security Allegations as China Orders Firms to Halt Purchases

NVIDIA is also reportedly working on a new AI chip for customers in China that outperforms the company’s H20.

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Nvidia reportedly halts production on its H20 AI chips

Beijing is reportedly urging Chinese companies to turn to domestic chips just weeks after Nvidia got the green light to sell in China again.

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Aspiration co-founder to plead guilty to $248M fraud scheme

Joseph Sanberg is accused of falsely inflating revenue and fabricating a letter from Aspiration’s audit committee to obtain loans, which the startup ultimately defaulted on.

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