Author: GT

Earlier this month, Apple CEO Tim Cook said the company would start importing iPhones manufactured in India to meet the majority of demand stateside. It seems U.S. president Donald Trump is not happy with that. Speaking at a business summit in Doha, Trump said he met with Cook and asked him to stop building in India and instead increase production in the United States. “I said to him, ‘Tim, you’re my friend, I’ve treated you very good. You’re coming up with $500 billion, but now I hear you are building all over India. I don’t want you building in India.…

Crypto giant Coinbase has confirmed its systems have been breached and customer data, including government-issued identity documents, were stolen. In a legally required filing with U.S. regulators, Coinbase said a hacker this week told the company that they had obtained information about customer accounts and demanded money from the company in exchange for not publishing the stolen data. Coinbase said the hacker “obtained this information by paying multiple contractors or employees working in support roles outside the United States to collect information from internal Coinbase systems to which they had access in order to perform their job responsibilities.” The support…

WASHINGTON (AP) — House Republicans surprised tech industry watchers and outraged state governments when they added a clause to Republicans’ signature “ big, beautiful ” tax bill that would ban states and localities from regulating artificial intelligence for a decade.The brief but consequential provision, tucked into the House Energy and Commerce Committee’s sweeping markup, would be a major boon to the AI industry, which has lobbied for uniform and light touch regulation as tech firms develop a technology they promise will transform society.However, while the clause would be far-reaching if enacted, it faces long odds in the U.S. Senate, where…

Roblox announced on Thursday that creators can now sell physical merchandise directly within their experiences and games on the platform with the launch of new Commerce APIs. The offering provides creators with a new way to generate revenue beyond the purchases of virtual goods or one-time fees to access specific experiences. The company began testing the ability to buy physical merchandise within a few branded experiences in mid-2024. Last September, Roblox announced that creators would soon be able to sell physical items in experiences thanks to a partnership with Shopify. Now, Roblox is making that integration available to all eligible…

Yoni Assia, co-founder and chief executive officer of EToro Group Ltd., center, and Ronen Assia, co-founder of EToro Group Ltd., center left, ring the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, May 15, 2025. Yuki Iwamura | Bloomberg | Getty ImagesThe IPO market has repeatedly tricked investors into believing it’s reopening after an extended drought dating back to early 2022. There are, once again, signs of hope.Shares of stock brokerage platform eToro jumped nearly 29% in their Nasdaq debut on Wednesday after the Israel-based company priced its IPO above…

Savings and investing startup Acorns has acquired EarlyBird, an investment gifting platform for families, the company told TechCrunch exclusively. The financial terms of the deal were not disclosed. As part of the acquisition, EarlyBird will shut down, and all customer accounts will officially close on June 23. Customers’ funds will be returned to the bank account connected to their account. Founded in 2019, EarlyBird launched a product that combined financial investing with community. The app allowed families and friends to gift investments to children while preserving memories through a digital time capsule. The investments would become the child’s once they turned…

NEW YORK (AP) — Fortnite says it’s now unavailable on Apple’s iOS globally because the tech giant blocked a bid to rerelease the popular video game for iPhone users in the U.S. and Europe.“Apple has blocked our Fortnite submission so we cannot release to the U.S. App Store or to the Epic Games Store for iOS in the European Union,” Epic Games-owned Fortnite wrote on X, the platform formerly known as Twitter, early Friday — claiming that Apple’s move would now prevent the game’s iOS availability around the world.“Sadly, Fortnite on iOS will be offline worldwide until Apple unblocks it,”…

For years, big tech companies like Amazon and Google have been trying to make virtual try-ons engaging to encourage consumers to shop more online. Startups also tried to solve for inspiration and fit in fashion using AI. A new startup called Doji is now entering this space with an app designed to make apparel try-ons both fun and social. It does so by creating your avatar and then serving you different looks that may inspire you to buy new clothes. So far, early adopters have been impressed by it. Only days after publicly launching on the App Store, the company…

WASHINGTON (AP) — It’s not really about the books.President Donald Trump’s abrupt firing of top officials at the Library of Congress and equally sudden attempt to appoint a slate of loyalists as replacements has instead morphed into an enormous fight over the separation of powers, as the White House tries to wrest control of what has for centuries been a legislative institution.It’s a power struggle with potentially vast consequences. The Library of Congress not only stores the world’s largest collection of books but also an office overseeing reams of copyrighted material of untold value. There is a research institute that…

When Huawei shocked the global tech industry with its Mate 60 Pro smartphone featuring an advanced 7-nanometer chip despite sweeping US technology restrictions, it demonstrated that innovation finds a way even under the heaviest sanctions. The US response was swift and predictable: tighter export controls and expanded restrictions.Now, with reports suggesting Huawei’s Ascend AI chips are approaching Nvidia-level performance—though the Chinese company remains characteristically silent about these developments—America has preemptively escalated its semiconductor war to global proportions. The Trump administration’s declaration that using Huawei’s Ascend chips “anywhere in the world” violates US export controls reveals more than policy enforcement—it exposes a…