Brazil's top judge ordered the suspension of X in the country Friday, after owner Elon Musk refused to appoint a legal representative for the social media platform in the country, multipleoutlets reported.
Why it matters: The move effectively bans X in Latin America's largest nation, and fuels a standoff between Musk's social media platform and Brazilian Supreme Court Justice Alexandre de Moraes.
Why it matters: The company is slated to receive the largest parcel of federal government support to expand domestic manufacturing as part of the CHIPS Act.
Dick's Sporting Goods, the country's largest supplier of athletic equipment, is responding to a likely cyberattack, according to a recent public filing.
Why it matters: The company has hundreds of stores across the U.S., and it's unclear what, if any, data was stolen as part of the incident.
Add cyberattacks to the long list of headaches that travelers have to brace for heading into a busy Labor Day weekend.
Why it matters: System outages and service delays are now a normal part of the flying experience, between last month's CrowdStrike outage and last weekend's cyberattack on Seattle-Tacoma International Airport.
Intel has asked Goldman Sachs and Morgan Stanley to evaluate strategic options that could include a sale or spinoff of its manufacturing unit, as first reported by Bloomberg.
Why it matters: Intel isn't just one of America's oldest chipmakers, but it's also a key national security asset. CEO Pat Gelsinger desperately needs to right the ship, even if that requires a drastic course correction.
Google is rolling out new protections for its generative AI products as election season heats up.
Driving the news: Google on Friday said it would extend the policies it announced for its search and YouTube products last December to more of its AI products, including Search AI Overviews, YouTube AI-generated summaries for Live Chat, Gems, and image generation in Gemini.
The world's three largest companies by market cap are all in talks to join the same OpenAI funding round that would value the ChatGPT maker at more than $100 billion, The Wall Street Journal reports.
Why it matters: Apple, Nvidia and Microsoft — which heavily backs OpenAI already — all fear missing out on the potential upside of a business that CEO Sam Altman may one day take public, Axios' Hope King notes.
Like peacocks strutting their stuff in hopes of finding a mate, the tech giants are all eager to show that their chatbot is the one with real momentum.
Why it matters: Google, Meta, Microsoft and OpenAI have invested huge amounts of talent and money to build their models and add new features, and are eager to demonstrate that those investments are paying off.
Elon Musk's Starlink said Thursday that Brazil's top judge has issued an order that "freezes" the internet satellite business' finances in the country and prevents it from conducting financial transactions in Latin America's largest nation.
Why it matters: Starlink said on X that the action was due to a standoff between Musk's social media platform and Brazilian Supreme Court Justice Alexandre de Moraes.
During the past 48 hours, former President Trump has boosted a barrage of social media posts that included threats to jail critics and opponents, repeated QAnon slogans and a suggestion that Vice President Kamala Harris slept her way to the top.
Why it matters: Trump's Truth Social musings and re-posts have grown more frequent and more vitriolic as new polls suggest he's losing ground to Harris — though they're unlikely to win him new supporters.
OpenAI said on Thursday that ChatGPT now has more than 200 million weekly active users — twice as many as it had last November.
Why it matters: ChatGPT remains the leader among generative AI chatbots, but it's an intensely competitive space with the other big names in tech offering frequent updates in hopes of grabbing share.
Nvidia's strong earnings report on Wednesday highlights that spending on artificial intelligence infrastructure continues to grow even amid an undercurrent of concern that generative AI may not be able to live up to all of the hype.
Why it matters: Nvidia chips have become the processors of choice for AI systems, and also made Nvidia one of the world's most valuable companies.
A Brazil Supreme Court judge warned Elon Musk Wednesday that he would have X suspended in Latin America's largest nation if the billionaire didn't name a legal representative for the platform in the country within 24 hours.
The big picture: Justice Alexandre de Moraes' summons alerting Musk that X has until about 8pm local time Thursday (7pm ET) to comply with the order comes after the platform announced earlier this month that it would close its operations in Brazil over what it called the judge's "censorship orders."
Telegram CEO Pavel Durov was issued preliminary charges in France Wednesday shortly after being released from police custody.
Why it matters: Durov's arrest in connection to illicit activity on the messaging appsparked an outcry among anti-censorship advocates. It also raised questions about how other social media companies and executives could be held accountable for the content on their platforms.
July's global IT outage sparked by a faulty CrowdStrike software update has caused some customers to hit pause on engaging with the cybersecurity company's services.
Why it matters: The scale of last month's issue exposed the risk of widespread reliance on only a handful of key tech platforms.
Yelp is suing Google, alleging in an antitrust lawsuit that the tech giant self-preferenced its own product to dominate local search and advertising markets against competitors.
Why it matters: The lawsuit by Yelp, which publishes crowd-sourced reviews about businesses, refers to a federal judge's ruling earlier this month that found Google violated U.S. antitrust rules to maintain a monopoly in the online search market.
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