Shocking Breaches, Bold Bets & Gadget Breakthroughs: Global Tech Roundup (Aug 18-19, 2025)
SoftBank’s $2 billion investment in Intel on August 18, 2025 injects new equity while SoftBank becomes a top investor without a board seat or chip-purchase commitments. Bloomberg reported on August 18, 2025 that Shein is considering relocating its headquarters from Singapore to mainland China to smooth a Hong Kong IPO, with a potential tens-of-billions valuation. Reuters reported on August 18, 2025 that the U.S. DOE projects up to 20 GW of new data center load by 2030, with data centers potentially consuming as much as 12% of all U.S. power by 2028. Microsoft announced that starting November 1, 2025, it