Monthly Archives: August 2025

Kyte, which billed itself as the ‘best competitor to Hertz,’ shuts down

The startup entered into receivership after selling its customer list to Turo.

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Trump wants to clean up the space industry’s red tape: Here’s who wins

A new Executive Order takes aim at the bureaucracy that the White House says is holding back American competitiveness in space.

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Developers Say GPT-5 Is a Mixed Bag

Software engineers are finding OpenAI’s new GPT-5 model is helping them think through coding problems—but isn’t much better at actual coding.

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Sam Altman Says ChatGPT Is on Track to Out-Talk Humanity

The OpenAI CEO addressed GPT-5 backlash, the AI bubble—and why he’s willing to spend trillions of dollars to win.

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Opendoor stock pops 10% as CEO resigns following investor pressure campaign

Opendoor CEO Carrie Wheeler said on Friday that she’s resigning following “weeks of intense outside interest” in the online real estate company.

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Applied Materials sinks 13% on weak guidance due to China demand

Applied Materials cited weakness from leading edge customers and said China clients are easing spending after a period of rapid manufacturing.

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ChatGPT’s mobile app has generated $2B to date, earns $2.91 per install

ChatGPT is topping its rivals on mobile with $2B in global consumer spending to date.

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Government’s Intel intervention is ‘essential’ for national security, tech analyst says

Luria said such a deal is needed to revive Intel and reduce the country’s reliance on companies like Samsung and TSMC to manufacture chips.

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VW introduces monthly subscription to increase car power

The German car-maker says its “optional power upgrade” is designed to give customers more choice.

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Louisiana attorney general sues Roblox

The lawsuit points to several sexually explicit experiences that were on the platform, including “Escape to Epstein Island,” “Diddy Party” and “Public Bathroom Simulator Vibe.”

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