FCC Alters Local TV Ownership Rules, Citing Deregulation Needs
The Federal Communications Commission has revised its regulations concerning local television station ownership, moving to a case-by-case approval process.
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Blue Origin Identifies Cause of New Glenn Explosion
Blue Origin has determined the root cause of its New Glenn rocket explosion at Cape Canaveral in May, attributing the incident to a faulty oxygen valve in one of its BE-4 engines.
Google Navigates AI Talent Exodus Amidst Cloud Growth and Strategic Pivots
Google faces a complex landscape, balancing the significant expansion of its cloud division with the departure of key AI talent to other leading research labs and startups.
Tesla and SpaceX Announce $16.8 Billion Terafab Chip Factory in Texas
Tesla and SpaceX are set to invest significantly in a new chip manufacturing facility in Texas, aiming to address future computing demands.
AppLovin Shares Decline Following Second-Quarter Revenue Shortfall
AppLovin experienced a notable drop in its stock value after reporting revenue figures that did not meet analyst expectations for the second quarter.
Google's AI Division Undergoes Leadership Change Amidst Talent Departures
Leadership shifts within Google's artificial intelligence division follow a series of high-profile departures, prompting scrutiny of the company's commitment to frontier AI.
Fossil Fuel Giants Pivot to Data Center Power Amid AI Boom
Chevron and Williams are making significant investments in power generation for data centers, signaling a new revenue stream for the fossil fuel industry.
Samsung Warns the Memory Shortage Could Tighten Through 2027
AI data-center customers are securing long-term supply, leaving consumer-device makers with higher component costs into 2028.
Reddit Beats Expectations as Search Traffic Becomes Less Predictable
Revenue and profit surged, but investors focused on volatile referrals and the possibility that AI search will reduce logged-out visits.
App Store Changes and Gaming Weakness Slow Apple's Services Business
Apple still set a quarterly services record, but regulatory pressure and softer gaming activity limited growth in key areas.
