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Technology News 10 August 2025 - 12 August 2025

Trade Truce, Tech Triumphs & Oil Drama: Global Business Bombshells (Aug 11–12, 2025)

Trade Truce, Tech Triumphs & Oil Drama: Global Business Bombshells (Aug 11–12, 2025)

The Reserve Bank of Australia cut its cash rate by 25 basis points to 3.6% on Tuesday, its third cut this year, with Governor Michele Bullock signaling further easing may be needed. China’s factory-gate prices fell 3.6% year on year
Tech Shocks: Chips Squeezed, Hacks Mended & Space Race Delays – Tech News Roundup (Aug 10–11, 2025)

Tech Shocks: Chips Squeezed, Hacks Mended & Space Race Delays – Tech News Roundup (Aug 10–11, 2025)

AOL will discontinue its Dial-up Internet service on September 30, 2025 after a 34-year run. AOL will retire the AOL Dialer software and the AOL Shield browser, both optimized for older operating systems, alongside the dial-up shutdown. Marks & Spencer
11 August 2025
AI’s Weekend Shockwave: GPT-5 Launch, Chip War Heats Up & ‘Deathbots’ Stir Debate (Aug 10–11, 2025)

AI’s Weekend Shockwave: GPT-5 Launch, Chip War Heats Up & ‘Deathbots’ Stir Debate (Aug 10–11, 2025)

OpenAI launched GPT-5, touted as a significant step toward artificial general intelligence and now accessible to free ChatGPT users with usage limits, while being integrated into Microsoft Copilot. OpenAI released two open-weight models, gpt-oss-120b (117-billion parameters) and gpt-oss-20b (21B parameters),
11 August 2025
Record Closing Highs, GPT-5 Unleashed, and a $500 Billion Surprise – Business News Roundup (Aug 9–10, 2025)

Record Closing Highs, GPT-5 Unleashed, and a $500 Billion Surprise – Business News Roundup (Aug 9–10, 2025)

The Nasdaq Composite notched its 18th record closing high of 2025. OpenAI released GPT-5 on August 7, billed as the “smartest, fastest, most useful” model, now available to 700 million ChatGPT users, with a target of a $500 billion valuation
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