Musk’s $29 B Windfall, Satellite Wars & a Mind-Controlled iPad – Tech News Roundup (Aug 5–6, 2025)
Spotify will raise Premium prices by €1 per month across dozens of markets starting in September, sending its shares up 5% in pre-market trading. Amazon is cutting 110 jobs at Wondery and shifting major podcasts to Audible, with Wondery’s CEO departing. Chinese e-commerce firms Shein and Temu are overtaking global retailers in South Africa. Nintendo’s upcoming Switch 2 is set to support major third-party games closer to rival launch dates.