Business & Technology
Elon Musk overshadows SpaceX's first earnings call with bold promises
SpaceX's first earnings call as a public company featured Elon Musk making ambitious claims while his executives tried to present more measured versions. The contrast underscores the challenges of Musk's management style in a publicly traded company.
TechCrunch · 5 Aug, 01:51
AMD's Data Center Revenue Doubles as Gaming Takes a Backseat
AMD reported record Q2 revenue of $11.5 billion, with data center sales more than doubling year-over-year to $6.7 billion, while gaming revenue fell 31% to $779 million.
The Verge · 5 Aug, 00:54
SpaceX has bought $329M worth of Tesla Megapacks so far this year
SpaceX has purchased Tesla Megapack battery storage units worth $329 million this year, according to its latest earnings report. The batteries are likely headed for xAI data centers.
TechCrunch AI · 5 Aug, 00:52
SpaceX releases first earnings since IPO, showing the heavy cost of its AI business
SpaceX has published its first quarterly earnings report after going public on June 12. The numbers show strong revenue growth, but also reveal just how much capital the company's AI division consumes.
Engadget · 5 Aug, 00:50
Xbox's 25th anniversary gifts include free dynamic themes and avatars
Ahead of its 25th anniversary, Xbox is offering players a special badge and community-designed artwork for profiles. The freebies are available until the end of the year.
Engadget · 4 Aug, 23:55
SpaceX revenue doubles after IPO, fueled by Starlink and AI compute deals
SpaceX reported its first quarterly earnings since going public, showing a 92% jump in revenue thanks to Starlink growth and AI computing contracts with Anthropic and Google.
TechCrunch · 4 Aug, 23:49
SpaceX AI revenue more than triples to $2.6 billion
SpaceX's quarterly report shows revenue from AI compute services more than tripled year over year to $2.6 billion, though the AI division remains loss-making.
The Verge · 4 Aug, 23:49
Telegram CEO says extortionist planted illegal content to trigger App Store removal
Telegram CEO Pavel Durov says an extortionist planted child sexual abuse material in a public chat, leading to the app's temporary removal from Apple's App Store. He warns of systemic risk for apps with user-generated content.
The Verge · 4 Aug, 22:54
OpenAI to pay $3.2 million to settle hiring discrimination claims
The U.S. Department of Justice has reached a $3.2 million settlement with OpenAI over allegations it favored workers with temporary visas over U.S. applicants.
Engadget · 4 Aug, 22:52
Anthropic signs $10 billion deal with AI cloud startup Volta
Anthropic, the company behind the Claude AI model, has reportedly signed a $10 billion six-year agreement with cloud startup Volta to expand its computing capacity.
TechCrunch · 4 Aug, 22:49
Lenovo Legion Go S with SteamOS hits its lowest price ever
Lenovo is selling the SteamOS-powered Legion Go S with a Z2 Go processor for $635.54 using code EXTRASAVEAFF, which The Verge reports is the lowest price seen for the handheld.
The Verge · 4 Aug, 21:55
Apple limits bug bounty submissions amid flood of AI-generated reports
Apple has introduced new limits on its bug bounty program, including a cap and a 30-day cooldown period, in response to the overwhelming number of AI-generated vulnerability reports. The move aims to prevent review teams from being swamped and ensure human-discovered bugs remain visible.
Engadget · 4 Aug, 21:49
Windows 11 Home vs Pro: Is the $60 Upgrade Worth It?
For most PC users, Windows 11 Home is enough, while Pro adds business-focused features and higher RAM support. This article breaks down the differences and explains who actually benefits from the upgrade.
Engadget · 4 Aug, 20:55
Waymo launches no-waitlist robotaxi service in Dallas, opens to everyone
Waymo has removed the waitlist for its Dallas robotaxi service, making rides available to all residents and visitors through the app. Service to Dallas Love Field Airport remains unavailable for now.
TechCrunch · 4 Aug, 20:54
OpenAI influencer retreat sparks backlash over AI concerns
OpenAI's first influencer brand trip, a luxury nature retreat, drew sharp online criticism over AI's environmental footprint and labor risks, while original posts saw modest engagement and reaction videos went viral. The company defended the event as educational and said it values creators.
The Verge · 4 Aug, 20:50
Reduced VAT on food products: results of the first month
A month after the reduced VAT rate was applied to four main food groups in Latvia, the first results show that while most residents have not yet noticed a significant drop in prices, statistics indicate that products have become cheaper and purchases have increased.
LSM (rus) · 4 Aug, 20:50
Hackers drain over $130 million from 'cold' crypto wallets by exploiting seed phrase flaw
Blockchain security firms are tracking a wave of attacks against Coldcard hardware wallets that has resulted in around $130 million in stolen cryptocurrency. Hackers exploited a vulnerability that made users' seed phrases predictable.
TechCrunch · 4 Aug, 19:51
How to cancel your PlayStation Plus subscription: three easy ways
You can cancel PlayStation Plus via the web, on your console, or in the PlayStation app. Your benefits remain active until the paid period ends.
Engadget · 4 Aug, 19:50
exFAT vs NTFS: What's the difference and which should you pick?
The article compares two Microsoft-developed file formats — exFAT and NTFS — highlighting their strengths and best use cases, from cross-platform compatibility to advanced security features.
Engadget · 4 Aug, 18:54
Dienas Bizness: Saeima Spending Rises Without Welfare Gains
Latvia's Saeima is costing more to run year after year, while the overall well-being of the country has not improved, according to Dienas Bizness.
Dienas Bizness · 4 Aug, 18:51
Texas Halts New Data Centers, Mandates Audits Amid Grid Concerns
Texas Governor Greg Abbott has ordered audits for all new data center projects, as a surge in grid connection requests threatens to overwhelm the state's power network. The decision follows a largely ignored voluntary survey.
TechCrunch AI · 4 Aug, 18:50
Samsung HDR10 Plus Advanced launches on Prime Video this month
Samsung's HDR10 Plus Advanced format is rolling out globally on Amazon Prime Video this month, bringing enhanced HDR with adaptive tone mapping and intelligent motion smoothing. The first supported TVs will be Samsung's 2026 lineup, with no specific titles announced yet.
The Verge · 4 Aug, 18:49
38th amateur astronomy seminar “Ērglis 2026” held in Puzes pagasts
At the three-day seminar in “Blāzma” of Puzes pagasts, astronomy enthusiasts observed the sky, listened to lectures, and ran experiments. The event took place for the 38th time.
LSM · 4 Aug, 18:49
Samsung to launch HDR10+ Advanced on 2026 TVs with Prime Video this month
Samsung is rolling out HDR10+ Advanced to its 2026 televisions this month, starting with supported Prime Video content. The updated format introduces new brightness and motion-smoothing capabilities.
Engadget · 4 Aug, 17:52
Latvian bailiff declares €727,000 income, prompting calls to overhaul fee system
Sworn bailiff Indra Andrejeva declared €727,037 in income from her practice last year — dozens of times the average Latvian salary. The report highlights systemic risks and proposes three steps to reform the sector.
Dienas Bizness · 4 Aug, 17:52
Apple is developing cross-device copy-paste for iPhone and Windows PCs
Apple says it is working on a solution that will let EU users copy and paste content between iPhones and Windows PCs. The feature comes in response to Microsoft's interoperability request under the EU's Digital Markets Act.
The Verge · 4 Aug, 17:50
€40K investment and investor insight: AceON Accelerator opens applications for 6th international program
AceON Accelerator has opened applications for its sixth international program, offering a €40,000 investment and investor know-how to early-stage startups.
EU-Startups · 4 Aug, 16:53
Experts warn: never put your phone in the fridge
Cooling a phone in the fridge can cause condensation and thermal shock damage; instead, remove the case and switch the device off.
Engadget · 4 Aug, 16:53
Coop completes Prisma store acquisition in Estonia, rules out price hikes
Coop Eesti Keskühistu will take over Prisma Peremarket's Estonian stores by the end of August, promising to keep the product range and avoid price increases. The deal will boost Coop's Tallinn market share from 5% to 17%.
ERR News · 4 Aug, 15:51
OpenAI airs Apple lawsuit dispute in public blog post
OpenAI has published email and iMessage exchanges to rebut Apple's trade-secret lawsuit, calling the legal action "careless, aggressive, and oddly personal." The dispute involves two former Apple employees now at OpenAI.
The Verge · 4 Aug, 14:53
Italy tests climate-resistant wheat for pasta of the future
Researchers in Italy's Emilia-Romagna region are working on the pasta of the future by focusing on climate-resistant wheat, as reported by France 24.
France 24 · 4 Aug, 14:50
PTAC: Prices of milk, eggs, bread and poultry fell more than expected after VAT cut
Latvia's Consumer Rights Protection Centre (PTAC) says prices for several staple foods dropped more than anticipated following the introduction of a 12% VAT rate, and most retailers are applying the new rules correctly.
LSM (rus) · 4 Aug, 14:49
Moscow Court Declares Russia's Sole Domestic TV Maker Bankrupt
A Moscow court has declared Kvant, Russia's only locally registered television manufacturer, bankrupt after retailer DNS filed a petition. The company's confirmed debts have reached 4.15 billion rubles.
The Moscow Times · 4 Aug, 13:50
Inside the 2018 Google Walkout: Organizer Tells How It Began
In an excerpt from her book Don't Be Evil, Claire Stapleton reveals how she and a small group of colleagues organized the 2018 Google walkout, which drew more than 20,000 employees to protest the company's handling of sexual harassment claims.
Wired · 4 Aug, 12:53
BP second-quarter profit more than doubles amid Middle East conflict
BP reported a surge in second-quarter profit as Middle East conflict drove fossil fuel prices higher. The company also announced plans to sell its North Sea business and other assets.
Euronews Business · 4 Aug, 12:52
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Russia's oil refining capacity hits 24-year low
Russia's average oil refining capacity fell to 3.6 million barrels per day in July 2026, the lowest level since May 2002, according to EA Analytics data cited by Bloomberg.
TVNET · 4 Aug, 12:51