Author: GT

AUSTIN, Texas (AP) — A push in Texas to ban social media accounts for children under 18 faded Thursday after lawmakers did not take a key vote on creating one of the nation’s toughest restrictions aimed at keeping minors off platforms such as TikTok, Snapchat and Instagram.The bill, which already passed the GOP-controlled state House, aims to go further than a Florida social media ban for minors under 14. Australia banned social media accounts for anyone under 16. But earlier momentum behind the Texas measure slowed at the eleventh hour in the state Senate as lawmakers face a weekend deadline…

As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip-export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell its H20 AI chip to companies in China. The chipmaker also reported that it was unable to ship an additional $2.5 billion of H20 revenue in the quarter due to the restrictions. When the U.S. licensing requirement was originally announced in April, the company said that…

Horizon3.ai, a cybersecurity startup that provides tools like autonomous penetration testing, is seeking to raise $100 million in a new funding round and has locked down at least $73 million, the company revealed in an SEC filing this week. NEA led the round, according to two people familiar with the deal. One person said that the startup is believed to be valued upward of $750 million, although TechCrunch couldn’t verify whether that valuation is pre- or post-money. Another person believes the company did (or will) sell the whole $100 million, and added that the company is generating about $30 million…

HARTFORD, Conn. (AP) — A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van.All, authorities allege, were victims tied to cryptocurrency-related crimes that have spilled out from behind computer screens and into the real world as the largely unregulated currency surges in value.While crypto thefts are not new, the use of physical violence is a far more recent trend, said John Griffin, a finance professor at the University of Texas in Austin who…

Sahil Lavingia has published a diary recounting his time as a member of Elon Musk’s DOGE workforce. It’s a short read — Lavingia’s DOGE stint lasted just 55 days — but it is does provide new details on the temporary government organization formed by President Trump’s executive order. Lavingia is a well-known name in Silicon Valley, from his days as an early employee of Pinterest to his current gig as founder of Gumroad, a platform where creators can sell their goods. He’s also a well-known seed and angel investor.  He joined DOGE as a software engineer for the Department of…

Humain, the state-owned AI company from Saudi Arabia, is on track to launch a $10 billion venture fund, Humain Ventures, that will invest in startups in the U.S., Europe, and Asia, the Financial Times reported, quoting Tareq Amin, Humain’s CEO. Humain is in talks with U.S. firms like Andreessen Horowitz, OpenAI, and Elon Musk’s xAI about its plans and is also exploring a deal with U.S. companies to sell an equity stake in its data center business, the report said. Amin did not reveal which companies these are but said some are “massive names in the data center segment,” according…

Opera on Tuesday revealed a new browser, called Opera Neon, that will focus on AI workflows and performing tasks on your behalf, like shopping, filling out forms, and coding. The browser is currently behind a waitlist, but the company said users will have to subscribe to use it once it releases. Pricing details were not disclosed. Notably, Opera Neon browser features three new buttons on its sidebar: Chat, Do, and Make. Chat presents a chatbot interface with which you can search the web, get answers to your queries, and ask for more information about web pages you’re browsing. Do uses…

All Thibault Launay and his wife, Simi, wanted nearly five years ago was to build a dream home in Portugal, where they both now live.  But what they encountered instead was a broken system. “Fourteen months of delays, 20% budget overruns, and endless stress managing over 10 subcontractors,” Thibault recalled. They bought the land in December 2020, got the construction license in early 2022, and started building that year. “That was supposed to finish in February 2024,” he said. But it’s May 2025, and the home still isn’t done.   “We realized,” he continued, “if we’re struggling with this, so are…

Tech companies are betting heavily that nuclear power can help deliver the electricity they need to realize their AI plans. But data centers need power tomorrow, and the nuclear industry isn’t known for its speed. Trey Lauderdale thinks AI can give nuclear the speed that it needs. Lauderdale’s obsession with nuclear started close to home. In San Luis Obispo, California, where he lives, he kept running into people who worked at the Diablo Canyon Power Plant. “They’re like the coaches of our flag football team,” he said. In talking with them, he learned that nuclear power plants are swimming in…

Sopa Images | Lightrocket | Getty ImagesHP reported second-quarter results that beat analysts’ estimates for revenue but missed on earnings and guidance, in part due to President Donald Trump’s sweeping tariffs. Shares sank 15% after the report.Here’s how the company did versus analysts’ estimates compiled by LSEG:Earnings per share: 71 cents adjusted vs. 80 cents expectedRevenue: $13.22 billion vs. $13.14 billion expectedRevenue for the quarter increased 3.3% from $12.8 billion in the same period last year. HP reported net income of $406 million, or 42 cents per share, down from $607 million, or 61 cents per share, a year ago.For its third quarter,…