New Apple Exclusive Reveals iPhone 14 Price Shock

From Forbes: Apple leaks have consistently agreed on one thing: iPhone 14 models are getting more expensive. That is, until now.

In a new blog post, anonymous leaker Lanzuk has revealed that Apple has “decided to freeze the launch price of the iPhone 14 base model through a decision at the top...

Biden Set to Sign $53 Billion Law to Boost US Chip Manufacturing

From CNET: President Joe Biden will sign the CHIPS and Science Act of 2022 into law on Aug. 9 in a Rose Garden ceremony, the White House said in a press statement Wednesday, a move that will flood $52.7 billion in funding to US chipmakers over five years.

The bill should help companies like Intel...

Uber turns the corner, generates massive pile of free cash flow in Q2

From TechCrunch: The question of whether Uber would be able to self-support was at least partially answered Tuesday with the company’s second quarter earnings report.

In its Q2 digest, the American ride-hailing and food delivery giant reported positive free cash flow, indicating that it can now...

Intel Says It Won’t Hit Arc Discrete Sales Goals, Blames Its Drivers

From ExtremeTech: In last week’s quarterly earnings call, Intel CEO Pat Gelsinger mentioned something we all kind of knew was the case: Its Arc drivers are not up to snuff. Because of this, the company will not meet its previous goal of shipping four million Arc GPUs to gamers in 2022. Who could...

Meta sued for violating patient privacy with data tracking tool

From The Verge: Facebook’s parent company Meta and major US hospitals violated medical privacy laws with a tracking tool that sends health information to Facebook, two proposed class-action lawsuits allege.

The lawsuits, filed in the Northern District of California in June and July, focus on the...

AWS revenue jumps 33%, but growth slows

From InfoWorld: Amazon Web Services (AWS) generated total sales of $19.7 billion for its second quarter, up 33% year-over-year, but growth slowed and the big question for the company is how it will fare the rest of the year as enterprise customers face uncertain economic conditions.

Amazon said...

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