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Chip Stocks Slid for Six Straight Days. TSMC’s CEO Says AI Demand Still Exceeds Supply.
As chip stocks sold off on fears about AI funding, power and overbuilding, TSMC reported revenue up 41 percent and said it expects about 44 percent growth for 2026. Both can be right, because TSMC sees its customers' spending plans, not whether that spending will pay off. The…
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AI Agents Sent Wikipedia Millions of Requests. Wikimedia Had to Investigate Whose They Were.
The Wikimedia Foundation says AI agents it believes were run by OpenAI made unauthorized edits, probed its tools and may have helped cause an outage. The bigger story is who did the work of finding them: a nonprofit, not the company that built the agents. The post AI Agents Sent…
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An Apple TV and Two HomePod Minis Cost $350 in June. The New Versions Cost $600.
Apple's new $299 Apple TV 4K and $149 HomePod mini 2 continue a year of price increases. The products that were Apple's cheapest way into the home now cost far more, and one of the features meant to justify the price has not shipped yet. The post An Apple TV and Two HomePod…
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Microsoft’s AI Laptop Starts at $2,599. The 128GB Version Built for Local AI Costs About $5,900.
Microsoft says the next wave of AI will run on your own PC. But running big models locally takes huge amounts of memory, one of the fastest-rising costs in electronics, and the Surface Laptop Ultra's 128GB upgrade adds roughly $2,200. Local AI quietly moves the cost of compute…
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The Senate Couldn’t Agree on Who Pays for Data Center Power. Google Just Signed Up for 890 New Megawatts.
The Senate blocked a bill meant to keep data center power costs off household bills, 57-43, in a fight over whether it should be mandatory. A week later, Alphabet signed a 20-year deal for 890 megawatts of new nuclear output on the same grid where data centers have driven prices…
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Banks Warn Stablecoin Rewards Could Cost $850 Billion in Loans. White House Economists Put a Yield Ban’s Benefit at $2 Billion.
As federal stablecoin rules roll out and Citi plugs Coinbase into its payments business, the real fight is over who earns the interest on stablecoin reserves. Bank groups warn of an $850 billion lending hit. The White House's own economists put the baseline effect at $2.1…
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Paramount Can Now Buy Warner Bros. for $110 Billion. Most of Its Promises Expire in Five Years.
A judge cleared Paramount's $110 billion purchase of Warner Bros. Discovery after a settlement with 12 states. Nothing is being sold. Instead, Paramount made five-year promises on films, production and news independence, including an editorial board whose members its CEO…
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Apple Watch’s Blood Pressure Alert Turns One. It Misses About 59% of Undiagnosed Cases.
A year after Apple Watch began flagging possible high blood pressure, the most important thing to know is what silence means. Apple's own validation caught about 41 percent of undiagnosed cases, and a JAMA study warns that no alert offers limited reassurance for older adults.…
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The FCC Says 99.7% of Americans Can Get Satellite Broadband. Fewer Than Half of Satellite Users Got the Promised Speeds.
The FCC counts satellite as available to 99.7 percent of Americans at its 100/20 benchmark, but one commissioner says fewer than half of satellite users actually got those speeds. The agency's new spectrum for satellites is a bet that capacity can close the gap. The post The FCC…