GoPro to be acquired for $285M, will remain a public company
Action camera pioneer GoPro is being acquired by little-known Starman Optical for $285 million in a deal that wipes out GoPro's $92 million in debt.
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458 storiesApple's App Store chief Phil Schiller steps down amid Cook-era exodus
Phil Schiller, Apple's longtime App Store chief, has stepped down as Tim Cook's CEO tenure ends, joining a wave of senior Apple executives departing in recent months.
Tim Cook hands Apple's helm to hardware chief John Ternus
On his last day as CEO, Tim Cook endorsed successor John Ternus, Apple's hardware engineering chief, as its next leader.
Apple TV raises subscription prices for the fourth year running
Apple is raising Apple TV's monthly subscription price from $12.99 to $14.99, its fourth price hike in four years, alongside an increase to the Apple One bundle.
Meta's India and Southeast Asia VP departs for OpenAI
Meta vice president Sandhya Devanathan is leaving after more than a decade to join OpenAI, as Meta faces mounting scrutiny from Indian authorities.
Rivian's chief financial officer is stepping down
Rivian chief financial officer Claire McDonough is resigning at the end of October to become CFO of Massachusetts-based GE Vernova, the electric-vehicle maker disclosed in a regulatory filing.
Barret Zoph, fired from Thinking Machines, lands at Google
Barret Zoph, a Thinking Machines co-founder who was fired from the startup before briefly returning to OpenAI, has taken a vice president of research role at Google.
OpenAI's executive exodus deepens as it nears an IPO
More than a dozen OpenAI executives have left since the start of the year, and the company's latest departure — its head of data centers — has renewed questions about turnover ahead of its planned IPO.
OpenAI loses data center chief amid year of executive departures
OpenAI's former head of data centers, Chris Malone, left the company last week, adding to a string of more than a dozen executive departures in 2026.
SpaceX to build second $100B 'Starbase' spaceport in Louisiana
SpaceX will build a second Starship spaceport at a former Exxon site in Louisiana, investing $100 billion and targeting a first launch in 2029, after a seven-year search.
SEC subpoenas banks over AI hedge fund Situational Awareness
Situational Awareness, the AI-focused hedge fund led by Leopold Aschenbrenner that lost billions in a late-July downturn, is reportedly being probed by the SEC, which has subpoenaed banks that did business with the fund.
Oura reportedly eyes September IPO that could value it above $16B
Oura is reportedly planning a U.S. IPO as soon as next month that could value the smart-ring maker at more than $16 billion, up from $10.9 billion last September.
Trump bought SpaceX shares two weeks after IPO, disclosure shows
President Donald Trump bought as much as $50,000 worth of SpaceX shares on June 23, two weeks after the company's record IPO.
Amazon raises hardware prices as much as 60%, citing memory shortage
Amazon hiked prices on its Fire TV, Echo, Kindle, and Eero devices by as much as 60% over the weekend, pointing to rising memory and storage costs as the AI-driven "RAMmageddon" chip shortage squeezes device makers industry-wide.
Apple cuts 200+ jobs from Siri, Vision Pro teams
Apple has eliminated more than 200 positions across its Vision Pro, Siri, and AI-integration teams as it reshuffles around newer AI efforts and new devices.
Apollo confirms breach in hacking wave hitting finance giants
Private equity giant Apollo Global Management confirmed hackers used social engineering to steal personal data — including Social Security numbers — from its cloud systems in July.
OpenAI narrows Anthropic's lead among business users, Ramp finds
New data from corporate-card firm Ramp shows OpenAI closing the gap with Anthropic among U.S. business customers, though Anthropic still leads overall.
The Enhanced Games' steroid-fueled spectacle posts a nearly $62 million loss
Enhanced Group, the telehealth company behind the performance-enhancing-drug sports event the Enhanced Games, reported a net loss of nearly $62 million for the quarter, mostly tied to hosting the event.
Travis Kalanick reignites VC criticism: '1% are helpful'
Uber founder Travis Kalanick, now raising money for his robotics company Atoms, said on a podcast that only about 1% of VCs are genuinely helpful to founders, reviving his long-running feud with Benchmark.
Peacock raises prices across all its streaming plans
Peacock is raising prices on all three of its plans, up to $3 more per month, effective August 18 for new subscribers.