Author: GT

onathan Raa | Nurphoto | Getty ImagesASML shares fell on Tuesday after U.S. lawmakers last week proposed further measures that would restrict China from additional chipmaking tools and potentially impact the Dutch chip giant’s already fragile sales to the country. Shares of ASML in the Netherlands were down around 2.6% at around 6:11 a.m. ET. On Thursday, a group of bipartisan lawmakers introduced the Multilateral Alignment of Technology Controls on Hardware (MATCH) Act, designed to cut China off from chipmaking tools and target the country’s most critical semiconductor firms. “While the United States has imposed extensive export controls to slow China’s…

It’s been looming for weeks, but now the end is near: Just a few hundred Tesla Model S and Model X vehicles remain unsold. Tesla CEO Elon Musk confirmed this week in a post on X that custom orders of the Model S sedan and Model X SUV are over. “All that’s left are some in inventory,” he wrote. Musk first announced Tesla’s plan to end Model S and Model X production back in January. And the data helps explain why. Sales of the Tesla Model X and Model S have fallen steadily over the years as the company’s high…

NEW YORK (AP) — Samsung is saying goodbye its namesake texting app, at least for United States customers.According to an end of service announcement published on the tech giant’s U.S. support website, Samsung Messages will be discontinued in July. Impacted owners of Samsung smartphones and other gadgets are being asked to switch to Google Messages in the meantime, “to maintain a consistent messaging experience on Android.”All Samsung Galaxy phones run on Google’s Android operating system. To switch to Google Messages, Samsung’s website gives users instructions to download the app from the Play Store, if not already on their phone, and…

Pakistani Prime Minister Shehbaz Sharif on Tuesday asked President Donald Trump for a two-week extension of his threat to wipe out the “whole civilization” of Iran unless Tehran strikes a deal that includes reopening the Strait of Hormuz.Update: Trump suspends Iran attack for two weeks, subject to Hormuz Strait openingSharif in an X post also asked Iran’s leadership to agree to open up the strait for two weeks “as a goodwill gesture.””We also urge all warring parties to observe a ceasefire everywhere for two weeks to allow diplomacy to achieve conclusive termination of war, in the interest of long-term peace…

Shares of Apple fell Tuesday after reports that the company is facing engineering challenges with its highly anticipated foldable iPhones.”Apple and the supply chain are working under a pressured timeline and the current solutions are not enough to completely solve the engineering challenges. … More time is needed,” a person familiar with the situation told Nikkei Asia.Apple, which celebrated its 50th anniversary last week, has announced four new iPhone models at its September launch event every year since 2020. The foldable phone was expected to launch alongside the iPhone 18 in September 2026, but Nikkei’s report raised concerns of delays.…

As data centers have grown and proliferated, so too has the backlash. A new Harvard/MIT poll found 40% of people supported the building of a data center in their area, with 32% opposed when asked about the building of different industrial facilities in their neighborhoods. One fun tidbit from the survey, per Axios: More people would rather have an e-commerce warehouse. Two-thirds of respondents in the 1,000-person poll conducted in November were worried that a new data center in their region would nudge electricity prices higher. Interest in jobs and economic growth helped the case for data centers, according to…

On July 8, 1989, a young music fan named Aadam Jacobs, with a compact Sony cassette recorder in his pocket, went to see an up-and-coming rock band from Washington for their debut show in Chicago.After a blast of guitar feedback, 22-year-old Kurt Cobain politely announced to the crowd at the small club called Dreamerz: “Hello, we’re Nirvana. We’re from Seattle.” With that, the band, then a quartet, launched into the riff-heavy first song, “School.”Jacobs surreptitiously recorded the performance, documenting the fledgling band in raw, fiery form more than two years before Nirvana’s global breakthrough with the album “Nevermind.”Jacobs went on…

Gas prices remain above $4 a gallon nationwide, and drivers across the U.S. say they’re already starting to change their spending habits, if they can.Some say they have little choice but to keep paying more. “I have to spend—there’s no other way,” said Miranda Alcalá, a Queens resident who drives between boroughs for work.U.S. gas prices have climbed by nearly $1 a gallon since the beginning of March to a national average of $4.14 as of Tuesday afternoon, according to the American Automobile Association. The increase comes as the war with Iran pushes oil prices higher and raises the risk…

Anthropic CEO and co-founder Dario Amodei speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026.Denis Balibouse | ReutersAnthropic on Tuesday announced an advanced artificial intelligence model that will roll out to a select group of companies as part of a new cybersecurity initiative called Project Glasswing.The model, Claude Mythos Preview, excels at identifying weaknesses and security flaws within software, and Anthropic is limiting access to try to prevent bad actors from exploiting that capability, the company said. Anthropic said Apple, Google, Microsoft, Nvidia and Amazon Web Services are among the project’s initial launch partners…

Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring — the rush to lock down power for data centers — is now begetting a mad dash to secure natural gas supplies and equipment. If FOMOs could have babies, then the AI bubble is already having grandkids. Microsoft said on Tuesday that it’s working with Chevron and Engine No. 1 to build a natural…