Category: Business

Intel Corporation announced on Friday that it has amended its funding agreement under the U.S. CHIPS and Science Act with the Department of Commerce. The revision removes previously established project milestones, enabling the company to access approximately $5.7 billion in federal funding ahead of schedule. The CHIPS Act, signed into law in 2022, aims to […]

The Electronic Frontier Alliance is growing and this year we’ve been honored to welcome Open Austin into the EFA. Open Austin began in 2009 as a meetup that successfully advocated for a city-run open data portal, and relaunched as a 501(c)3 in 2018 dedicated to reimagining civic engagement and digital equity by building volunteer open […]

ROUND ROCK, Texas — Dell Technologies reported record second-quarter earnings, driven by surging demand for artificial intelligence infrastructure, but its weaker-than-expected third-quarter outlook sent shares lower in after-hours trading. Revenue for the quarter reached $29.78 billion, up 19% year-over-year and exceeding analyst expectations of $29.17 billion. Adjusted earnings per share rose to $2.32, also up […]

For over 35 years, the Electronic Frontier Foundation has presented awards recognizing key leaders and organizations advancing innovation and championing digital rights. The EFF Awards celebrate the accomplishments of people working toward a better future for technology users, both in the public eye and behind the scenes. EFF is pleased to welcome all members of the […]

HONG KONG — ByteDance, the Chinese technology firm behind TikTok, is preparing to launch a new employee share buyback program that will value the company at over $330 billion, according to sources familiar with the matter. The buyback, expected to begin in the autumn, will offer current employees $200.41 per share—an increase of 5.5% from […]

NEW YORK — Nvidia shares dipped on Wednesday as investor concerns mounted over the future of the company’s business in China, which remains entangled in the ongoing trade tensions between Washington and Beijing. The decline followed Nvidia’s second-quarter earnings report, which exceeded Wall Street expectations with $46.74 billion in revenue. However, the company did not […]

BEIJING — Iron ore futures rose sharply this week after Rio Tinto (NYSE:RIO) suspended operations at its SimFer mine in Guinea following the death of a contract worker. The incident prompted a halt in activity at one of the world’s largest untapped iron ore deposits, raising concerns over supply disruptions. On China’s Dalian Commodity Exchange, […]

BRUSSELS — Ryanair Group CEO Michael O’Leary has confirmed that Boeing will deliver 25, 737-8200 aircraft by October 2025, significantly ahead of the previously scheduled timeline of spring 2026. The accelerated delivery was announced during a press briefing in Brussels, where O’Leary expressed satisfaction with Boeing’s improved production pace. “The quality of what they’re delivering […]

The report from the World Health Organization (WHO) and children’s agency (UNICEF) issued as World Water Week gets underway, highlights persistent gaps in access, with vulnerable communities facing the greatest disparities. Some 2.1 billion people still lack access to safely managed drinking water, while 106 million worldwide are forced to rely on untreated surface sources. “Water, […]