Axios

Elon Musk's X, formerly Twitter, was blocked in Brazil early Saturday after the social media platform missed a high court deadline to appoint a legal representative in the country, per multiple news outlets.

Why it matters: The country has ramped up efforts to fight misinformation online as an ongoing fued between Musk and Supreme Court Justice Alexandre de Moraes drags on for months.

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, multiple outlets 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.

Intel's reported discussions with bankers about its future could call into question the company's ambitions to double down on U.S. chip manufacturing.

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.