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SpaceX stock drops below IPO price amid Nasdaq-100 inclusion and market volatility
SpaceX shares have fallen below their IPO price of $135, despite the company's recent inclusion in the Nasdaq-100. This decline highlights volatility and challenges in investor sentiment, impacting market perceptions of the aerospace company as it prepares for another Starship test flight.
Zoox to Launch Paid Robotaxi Service in Las Vegas Following Federal Exemption
Amazon-owned Zoox will begin charging for robotaxi rides in Las Vegas starting August 10, 2024. This follows a temporary exemption granted by the National Highway Traffic Safety Administration (NHTSA) that allows Zoox to commercially operate its custom-built, steering wheel-free vehicles, deploying up to 2,500 vehicles annually for two years.
AI Designs Novel Viruses Capable of Infecting Bacteria, Raising Biosafety Concerns
Researchers at Stanford University and Arc Institute have used AI models, including Evo 1 and Evo 2, to design novel bacteriophages, a type of virus that infects bacteria. These AI-designed viruses successfully killed antibiotic-resistant E. coli in laboratory tests, demonstrating AI's capability to generate functional biological entities and prompting discussions about biosafety and biosecurity.
UNC6671 Extortion Group Rebrands and Continues Vishing Attacks on Financial Firms
The UNC6671 extortion group has rebranded its operations under new names including Redact, Pink, Helix, and Falcon, despite an alleged retirement of its previous BlackFile brand. The group continues to use voice phishing (vishing) to target enterprise employees, particularly in financial services, private equity, and professional services, leading to data theft from cloud environments like Microsoft 365 and Okta.
Apple Implements Bug Report Caps Due to Surge in AI-Generated Submissions
Apple has introduced a cap on open security reports and a 30-day cool-off period for submissions to its bug bounty program, effective June. This change was made in response to a significant increase in AI-assisted reports, many of which were not genuine vulnerabilities, leading to review teams being overwhelmed. The new policy impacted Italian cybersecurity company Bynario, which used GPT-5.5 to find a critical macOS bug (CVE-2026-43760) but was initially unable to report it due to reaching the submission limit.
FCC to Vote on Repealing 39% TV Ownership Cap, Prompting Legal Battle
The FCC, led by Chairman Brendan Carr, plans to vote on repealing the 39% TV ownership cap, potentially leading to increased media consolidation and favoritism towards certain broadcasters. Carr argues the rule is outdated due to social media and streaming. This decision may face legal challenges over the FCC's authority to change a congressionally mandated limit.
Google Maps Adds Food Ordering, Hotel Booking, and Event Ticket Capabilities
Google Maps has expanded its "Ask Maps" feature with new agentic capabilities, allowing users to order food, book hotels, and find event tickets directly within the application. This update integrates "Personal Intelligence," which uses data from Gmail and Google Calendar to personalize responses, transforming Google Maps into a more comprehensive assistant for real-world tasks. The new features are rolling out in English to over 150 countries.
Over 24,000 Internet-Exposed Servers Leak BMC Password Hashes via Decades-Old Flaw
More than 24,000 internet-exposed servers are leaking authentication password hashes due to CVE-2013-4786, a 20-year-old vulnerability in the Intelligent Platform Management Interface (IPMI) v2.0 specification. This flaw allows remote attackers to obtain password hashes before login and conduct offline password guessing attacks, potentially leading to full control over physical servers and broader management plane compromise.
NVIDIA Unveils Vera CPU for AI-centric Workloads, Challenging AMD and Intel
NVIDIA has launched its Vera CPU, emphasizing high single-threaded performance for AI workloads. The Vera CPU aims to outperform x86 architectures in AI inference scenarios, challenging AMD and Intel in the expanding market for AI data centers. The release supports NVIDIA's goal of capturing market share among growing AI infrastructures.
Hackers hijack hotel Wi-Fi DNS to steal Microsoft 365 accounts
Hackers are redirecting users to fake Microsoft 365 login pages by changing DNS settings on Wi-Fi devices in hotels and conference centers. This campaign, ongoing since June, affects organizations across various sectors by potentially compromising sensitive business information.
LG to Suspend Smart TV Apps Using Residential Proxies
LG Electronics USA will ban apps on its smart TVs that use residential proxy technology after research revealed over 42% of apps on its webOS store included such features. This decision aims to enhance user security and ensure that smart TVs are not misused as proxy nodes.
Xbox Console Prices Increase in EU and UK by up to €200 or £170
Microsoft has increased the prices of Xbox Series X and Series S consoles in the European Union and the UK, with some models rising by up to €200 or £170. This adjustment follows previous price bumps in the US and is attributed to rising component costs, particularly for RAM and storage, impacting consumer affordability in these regions.
Reddit shares drop 9% amid potential end of Google AI content deal
Reddit's shares fell 9% after reports indicated it may not renew its $60 million AI content deal with Google. The deal, struck in 2024, has been reconsidered due to declining traffic from Google's AI summaries, reflecting broader trends affecting various news sites.
Google Earth AI Image Generator Removed One Day After Launch Due to Misinformation Concerns
Google launched an AI feature in Google Earth that allowed users to generate and superimpose images onto satellite views using text prompts, but removed it one day later. The feature, powered by Nano Banana 2, was retracted after users created and shared images violating Google's policies, raising concerns about its potential for misinformation.
Google DeepMind's Gemini Robotics 2 Enables Whole-Body Control for Humanoid Robots
Google DeepMind has released Gemini Robotics 2, an updated AI model that allows humanoid robots to control their entire bodies, from feet to fingertips. This advancement enables robots to perform a wider range of actions and more complex dexterous tasks, moving towards physical Artificial General Intelligence (AGI). The update includes new sub-models, with one, Gemini Robotics ER 2, now available for developers.
Apple anticipates significant supply constraints and increased memory costs in September quarter
Apple expects significant supply constraints for iPhone, Mac, and iPad products in the September quarter, alongside increased memory pricing and foreign exchange headwinds. This follows strong Q3 2026 results, but the company's stock fell by approximately 6.5% after the earnings call due to the outlook.
Samsung reveals features of new smart glasses to compete with Meta
Samsung introduced features of its upcoming smart glasses, including gesture controls and a built-in camera for recording. This launch challenges Meta's dominance in the smart glasses market, where it holds a significant share.
Google expands Play Age Signals API globally for age-appropriate app experiences
Google is expanding its Play Age Signals API globally to Android developers by the end of 2026, starting with Australia and Canada by mid-August. This API allows developers to identify users' age ranges for age-appropriate app experiences without accessing personal data, addressing increasing regulatory pressure for minor protections.
Qualcomm to Increase Chip Prices by Double-Digit Percentages Starting September 1
Qualcomm will raise prices on its chips by a double-digit percentage for products shipped after September 1. The company attributes this increase to its inability to absorb higher supplier costs and ongoing component shortages. This price hike is expected to affect device manufacturers and could lead to higher costs for consumer electronics, including smartphones and PCs.
Framework Laptop 13 Pro Memory Prices Increase Due to Supplier Cost Hikes
Framework has increased pricing for 32GB and 64GB LPCAMM2 memory modules in its Laptop 13 Pro, with the 32GB option rising from $439 to $800. This change is a direct result of a supplier doubling the cost of LPCAMM2 components, which Framework states it cannot absorb without financial risk. The price adjustment also affects pre-order fulfillments, with some customers receiving lower capacity memory at their original configured price.
Origin Energy Confirms Customer Data Breach Affecting Personal and Partial Banking Details
Origin Energy confirmed a data breach affecting its 4.8 million customer accounts, compromising personal details and partial banking information. This incident exposes customers to potential identity theft and phishing, highlighting ongoing cybersecurity risks for critical service providers.
SpaceX Starship Test Launch Aborted Due to Engine Ignition Failure
SpaceX aborted its Starship rocket launch due to engine ignition failure on Thursday. Two engines will be replaced, with a new attempt planned for next week, critical for deploying new Starlink satellites. SpaceX's stock fell following the aborted launch, continuing volatility post-IPO.
Amazon Seeks FCC Approval for 5,105-Satellite Direct-to-Device Network by 2028
Amazon has filed an application with the Federal Communications Commission (FCC) to launch a new constellation of 5,105 low Earth orbit (LEO) satellites, with deployment planned to begin in 2028. This initiative aims to provide direct-to-device services for voice, messaging, data, and emergency services, leveraging Globalstar's spectrum and integrating with Amazon's existing satellite infrastructure. The network will target users in areas unserved or underserved by traditional wireless providers.
Google DeepMind CEO Demis Hassabis Proposes U.S.-Led Global AI Regulation Body
Demis Hassabis, CEO of Google DeepMind, has suggested the formation of a U.S.-led global AI watchdog to regulate advanced AI models. This proposed body would assess the safety of AI systems before their release and manage risks associated with emerging technologies like artificial general intelligence. Hassabis emphasizes the need for urgent regulation as AI developments pose increasing cybersecurity and biosecurity threats.
US utility companies pledge to shield consumers from AI-related energy costs
Nearly 200 U.S. utility and data center companies have pledged to protect consumers from rising electricity bills linked to AI. Signed by major firms including NextEra Energy and Google, the pledge lacks enforcement mechanisms, raising concerns over its actual impact.
Microsoft to Deploy AMD's Helios AI Accelerator on Azure
Microsoft will integrate AMD's Helios, a rack-scale AI accelerator, into its Azure cloud infrastructure. This partnership aims to enhance AI computational power for Azure users, directly competing with Nvidia's offerings. The deployment underscores the growing demand for AI compute capabilities.
Patreon Lays Off 20 Percent of Workforce, Citing Organizational Restructuring
Patreon laid off 93 employees, representing 20 percent of its workforce, as part of an organizational restructuring to flatten the company and refocus teams. This decision impacts the company's operational structure, though CEO Jack Conte stated the core business and value of human creativity remain unchanged.
Symlink Vulnerability in AI Coding Assistants Poses Security Threat
Researchers discovered that a vulnerability in six AI coding assistants allows malicious repositories to execute code on developers' machines. By exploiting symbolic link (symlink) flaws, attackers could bypass user consent and access sensitive files, raising significant security concerns.
Google Enhances Gemini AI and Pre-installs Gemini Notebook on New Samsung Foldables
Google has announced updates to its Gemini Intelligence platform at Galaxy Unpacked 2026, which includes expanded AI task automation now supporting over 40 apps, and the introduction of Gemini Notebook pre-installed on Samsung's latest foldable devices. The task automation upgrades enable users to manage tasks through advanced AI capabilities, increasing productivity on the Galaxy Z Fold 8 and Flip 8.
Adobe Acrobat Integration in WhatsApp Web Exposes User Data Through Chrome Extension Vulnerability
Adobe Acrobat tools are now available within WhatsApp Web and Windows app, allowing users to handle PDFs easily. However, a critical vulnerability in the Adobe Acrobat Chrome extension, affecting 329 million users, could enable unauthorized access to WhatsApp Web chats. The flaw has been patched, ensuring data security moving forward.
AWS Billing Bug Leads to Erroneous Billion-Dollar Estimates for Customers
AWS users experienced incorrect billing estimates due to a bug causing charges to show as billions of dollars instead of reflecting actual usage. The fault in the AWS billing computation system involved incorrect unit pricing. Amazon is addressing the issue by halting billing updates and reverting to accurate data.
Google Develops 'Frozen v2' AI Chip to Enhance Gemini Model Efficiency by 2028
Google is developing a new AI chip, called 'Frozen v2', designed to improve the efficiency of its Gemini models. Projected to be 6-10 times more efficient than current chips, it aims to address AI compute shortages and reduce dependency on external hardware. This development reflects a shift towards in-house chip production for AI workloads.
Researcher Releases Windows Zero-Day Exploit 'LegacyHive' Post-Patch Tuesday
Security researcher Chaotic Eclipse released a zero-day exploit for Windows shortly after Microsoft's Patch Tuesday. The exploit, called LegacyHive, targets the Windows User Profile Service and allows privilege escalation on all supported Windows versions. This revelation underscores ongoing security challenges and may necessitate urgent updates from Microsoft.
Linus Torvalds Backs AI Tools in Linux Development Amid Community Debate
Linus Torvalds has confirmed his support for using AI tools in Linux development, amid controversy over AI-generated code. He emphasized Linux will not take an anti-AI stance and suggested dissenters fork the project or leave. This stance reflects AI's growing role in open-source projects.
AliExpress Fined €550 Million for Selling Counterfeit and Unsafe Products
AliExpress has been fined €550 million ($629 million) by the European Commission for failing to prevent the sale of illegal and counterfeit products, marking the largest fine under the Digital Services Act. The investigation revealed shortcomings in product verification and removal processes, posing risks to consumer safety. This fine underscores the EU's commitment to stringent e-commerce regulations.
San Francisco Orders Apple and Google to Remove Nudify Apps for Legal Violations
San Francisco City Attorney David Chiu ordered Apple and Google to remove 13 nudification apps from their app stores, citing violations of California laws against deepfake pornography. The apps are accused of creating non-consensual explicit images, which impact women and minors. The city claims the companies have profited from these apps and warns of potential civil penalties if they do not comply within 28 days.
Tesla Driver Charged with Manslaughter for Fatal Texas Crash
Michael Butler faces manslaughter charges after a Tesla Model 3 crash killed Martha Avila in her home. The NTSB confirmed Butler manually overrode the Full Self-Driving system, reaching over 70 mph in a 30 mph zone. The crash raises concerns about autonomous vehicle safety and driver responsibility.
Google's AI Mode Integrates with YouTube Music, Canva, and Instacart for Task-Based Use
Google has expanded AI Mode's capabilities to interact with apps like YouTube Music, Canva, and Instacart. The updates allow users to manage tasks such as creating playlists, designing flyers, and compiling shopping lists directly within the app. This aims to enhance AI-driven task management and positions Google more competitively against other platforms offering similar app integrations.
Apple Intelligence Secures Chinese Market Entry with Alibaba's AI Integration
Apple has secured regulatory approval in China for its generative AI service, Apple Intelligence, by integrating local AI models from Alibaba and Baidu. The collaboration facilitates compliance with Chinese laws and advances Apple's expansion in a major market. This has implications for Apple's presence in China, a key growth region.
Google to Allow Third-Party App Stores on Android From July 22
Starting July 22, Google will allow third-party app stores on Android, complying with a court order after its legal battle with Epic Games. This change lets rival app stores operate within Google Play in the U.S., potentially changing app distribution and pricing.