Nintendo raised the US price of the original Switch from $299.99 to $339.99, with the Switch OLED up $50 and the Switch Lite up $30 in August 2025 amid tariff pressures. President
On August 2, 2025, the EU AI Act reached a milestone with governance standards, general-purpose AI (GPAI) classification and a sanctions regime coming into force, as Alphabet’s Google signed the EU’s voluntary
Apple forecast higher revenue for the upcoming quarter after a tariff-driven early surge in iPhone purchases aimed at beating U.S. import tariffs. Nintendo said its Switch 2 sold over 6 million units
Major AI Company Announcements Business & Investment News Policy & Regulation Updates Research & Innovation Breakthroughs Expert Commentary & Analysis Sources: News and press releases from Aug 1–3, 2025, including Reuters, TechCrunch, ScienceDaily,
On July 31, 2025, Apple reported a record June-quarter revenue of $94.0 billion, up 10% year over year, across all regions and product categories. During WWDC25 Apple announced a “beautiful new software
Intel announced layoffs of about 24,000 employees (roughly one-quarter of its workforce) as new CEO Lip-Bu Tan cuts projects and halts planned mega-fab factories in Germany and Poland. AMD released the Ryzen
OpenAI plans to launch GPT-5 this month (August 2025), integrating the ‘o3’ model and using multiple specialized models instead of a single system. Google DeepMind released Gemini 2.5 “Deep Think” as its
OpenAI’s revenue reached a $12 billion annualized run rate in the first seven months of 2025, implying about $1 billion per month. OpenAI’s weekly active users across consumer and business products reached
Samsung unveiled the Galaxy Z Fold7 and Galaxy Z Flip7, with the Fold7 starting at $1,999 and the Flip7 FE at $899, and the Fold7 being 26% thinner and 10% lighter than
At WAIC 2025 in Shanghai, Chinese Premier Li Qiang announced plans to create a new international organization to jointly develop and govern AI, warned that AI could become an exclusive game for
On July 24, 2025, the S&P 500 rose 0.07% to a fresh record close, its fourth consecutive such close. The Nasdaq Composite gained 0.18% to its own all-time high on July 24,