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  • Pinterest shares surge as much as 20% after company beats on fourth-quarter revenue, shows strong user growth
    www.cnbc.com
    Pinterest reported fourth-quarter sales of $1.15 billion, ahead of the $1.14 billion that Wall Street was expecting.
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  • Affirm shares pop more than 10% on revenue beat
    www.cnbc.com
    Affirm beats on earnings and revenue in fiscal second quarter.
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  • OpenAI picks Texas for flagship data center in Stargate project
    www.fastcompany.com
    ChatGPT maker OpenAI said on Thursday that Texas will be the flagship data center site in the Stargate project it is building with SoftBank.Around 16 states have indicated interest in building data centers for Stargate, an OpenAI executive said on a conference call.Stargate plans to invest up to $500 billion to help the United States stay ahead of China and other competitors in the global AI race.In January, President Donald Trump announced the private sector investment initiative to fund AI infrastructure, aiming to outpace rival nations in this critical business technology.Stargate will build data centers and create more than 100,000 jobs in the United States, Trump said.These companies, along with other equity backers of Stargate, have committed $100 billion for immediate deployment, with the remaining investment expected to occur over the next four years.The initial data centers for the project are already under construction in Texas, Oracle Chairman Larry Ellison had said then.Juby Babu, Akash Sriram, and Anna Tong, Reuters
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  • Like TikTok, lawmakers want to ban DeepSeek from government devices
    www.fastcompany.com
    A bipartisan duo in the the U.S. House is proposing legislation to ban the Chinese artificial intelligence app DeepSeek from federal devices, similar to the policy already in place for the popular social media platform TikTok.Reps. Josh Gottheimer, D-N.J., and Darin LaHood, R-Ill., on Thursday introduced the No DeepSeek on Government Devices Act, which would ban federal employees from using the Chinese AI app on government-owned electronics. They cited the Chinese governments ability to use the app for surveillance and misinformation as reasons to keep it away from federal networks.The Chinese Communist Party has made it abundantly clear that it will exploit any tool at its disposal to undermine our national security, spew harmful disinformation, and collect data on Americans, Gottheimer said in a statement. We simply cant risk the CCP infiltrating the devices of our government officials and jeopardizing our national security.The proposal comes after the Chinese software company in December published an AI model that performed at a competitive level with models developed by American firms like OpenAI, Meta, Alphabet and others. DeepSeek purported to develop the model at a fraction of the cost of its American counterparts. A January research paper about DeepSeeks capabilities raised alarm bells and prompted debates among policymakers and leading Silicon Valley financiers and technologists.The churn over AI is coming at a moment of heightened competition between the U.S. and China in a range of areas, including technological innovation. The U.S. has levied tariffs on Chinese goods, restricted Chinese tech firms like Huawei from being used in government systems and banned the export of state of the art microchips thought to be needed to develop the highest end AI models.Last year, Congress and then-President Joe Bidenapproveda divestment of the popular social media platform TikTok from its Chinese parent company or face a ban across the U.S.; that policy is now on hold. PresidentDonald Trump, who originally proposed a ban of the app in his first term, signed anexecutive orderlast month extending a window for a long term solution before the legally required ban takes effect.In 2023, BidenbannedTikTok from federal-issued devices.The technology race with the Chinese Communist Party is not one the United States can afford to lose, LaHood said in a statement. This commonsense, bipartisan piece of legislation will ban the app from federal workers phones while closing backdoor operations the company seeks to exploit for access. It is critical that Congress safeguard Americans data and continue to ensure American leadership in AI.The bill would single out DeepSeek and any AI application developed by its parent company, the hedge fund High-Flyer, as subject to the ban. The legislation includes exceptions for national security and research purposes that would allow federal employers to study DeepSeek.Some lawmakers wish to go further. A bill proposed last week by Sen. Josh Hawley, R-Mo., would bar the import of export of any AI technology from China writ large, citing national security concerns.Several countries have moved to ban DeepSeeks AI chat bot, either entirely or on government devices, citing security concerns.Last month, Italys data protection authority blocked access to the application in a move it said would protect users data and announced an investigation into the companies behind the chatbot. Taiwan announced this week that it banned government departments from using Deepseeks AI. South Koreas industry ministry has also temporarily blocked employee access to the app. This week Australia announced that it banned DeepSeek from government systems and devices.In Texas, Gov. Greg Abbott issued an order banning both DeepSeek and RedNotea Chinese TikTok alternativefrom the states government-issued devices.Matt Brown, Associated PressAssociated Press writer Sarah Parvini contributed reporting.
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  • A Folding iPhone In 2026? Supply Chain Expert Confirms Tentative Launch Date and Specs
    www.yankodesign.com
    Image credits: Saad IsmailThe idea of a foldable iPhone has hovered over the tech world like a miragealways in sight, never within reach. Over the years, concept renders have fueled speculation, showing everything from dual-hinged designs to clamshell form factors reminiscent of the Motorola Razr. None of these iPhone concepts ever materialized, leaving Apple on the sidelines as Samsung, Google, and others carved out their share of the foldable market. But with leaks and patents hinting at a potential iPhone Flip or Fold, the conversation is heating up again. And this time, it might actually lead somewhere.These rumors arent like your average speculations theyre reports from the supply chain which Id probably take a little more seriously than a what if from Ming-Chi Kuo or Mark Gurman. A reliable tipster with inside information from Apples multiple suppliers shared a massive list of specs on X (or Twitter as I still prefer to call it) that could feature in this upcoming phone. The device is likely to have a left-side folding mechanism, quite like the folding phone of Apples competitors, such as Samsung and OnePlus. When closed, it will measure 9.2 mm thick, with each half at just 4.6 mman engineering challenge that Apple seems determined to solve. The internal screen will span over 12 inches when unfolded, putting it in direct competition with tablets rather than smartphones. This suggests a shift in how Apple envisions foldables, probably as a bridge between existing phones and their popular iPad tablets.Designer: AppleApples supply chain reveals that Foxconn is handling exclusive New Product Introduction (NPI) starting mid-2025, with mass production slated for late 2025 or early 2026. The official launch is expected in Fall 2026, marking Apples first real foray into foldables. Sales projections are ambitious8 to 10 million units in the first year, doubling to 20 million in 2027. Apples cautious approach means its aiming for a refined product rather than an experimental first-gen device. If it meets expectations, this could shift the entire foldable market, much like the iPhone did for smartphones.Samsung remains Apples sole supplier for the foldable display, with an under-development Ultra-Thin Glass (UTG) layer that will likely cost between $90 and $100. This high-end material choice suggests Apple is aiming to minimize creasing while ensuring durability. The screen support frame is still undecided, with titanium alloy, stainless steel, and carbon fiber all in consideration. Given Apples recent move toward titanium in its Pro models, that might be the strongest contender.The hinge is easily the toughest nut to crack and Apples probably going to over-engineer this to the point of being industrial art. Its rumored to be designed entirely in-house with components sourced from Amphenol and Taiwans Xinyiheng. It allegedly costs approximately $110 per unit, making it one of the most expensive elements of the device. Additional internal components, including MIM parts and reinforcement structures, bring the total hinge-related expenses to around $150. Apples meticulous approach to hinge durability suggests it wants to avoid the early pitfalls seen in first-generation foldables from other brands.Structurally, the device will feature an aluminum midframe priced at $80$90, with Foxconn handling initial production and LanSi and BYD Electronics joining later. The flexible printed circuit board (PCB) might see a significant value jump, with some modules nearly doubling in cost. Apples planned shift to Resin-Coated Copper (RCC) for SLP boards will increase efficiency, pushing their value up by 40%. Chinese tariffs imposed by US president Donald Trump will possibly play a massive role in shifting prices, making the overall device a little more expensive than originally intended.The front camera will integrate Apples ultra-thin Meta Lens technology. Foxconn and LG are involved in module development, ensuring Apples signature camera quality translates to the foldable form. The rear camera system should maintain Apples hybrid glass-plastic structure, with Largan leading production and Sunwoo providing backup glass components. These decisions suggest that the camera will still remain the iPhones crown jewel despite space constraints.Battery life has been a persistent weakness for foldables, but Apples solution is a dual stainless-steel-cased battery with a combined capacity of around 5000 mAh. The cells are rumored to be 3D-stacked, a technique pioneered by ATL, allowing for a higher energy density without increasing thickness. If Apples power management matches its current Pro models, this could easily be the most efficient foldable on the market.What stands out about Apples approach is its focus on a large-screen experience rather than a pocketable, flip-style design. This aligns with the broader industry trendSamsung and Google have both refined their book-style foldables, while smaller flip models have struggled to offer a meaningful upgrade beyond nostalgia. With Apple (hopefully) entering the foldable space in 2026, it could be the push needed to bring foldables from niche curiosity to mainstream adoption. If the iPhone Flipor Folddelivers the seamless ecosystem, polished user experience, and durability that Apple is known for, it might redefine what a smartphone can be.A foldable iPhone would quite literally break the internet. Apples track record suggests it wont release a foldable unless its confident in its execution. The company sat out on early foldable trends, possibly waiting for materials, software, and market conditions to align. Now, with competitors refining their designs and consumers warming up to the idea, the timing feels different. The real test will be whether Apples vision for a foldable can transcend novelty and become a true evolution of the smartphone experience.Recent Apple Foldable iPhone Supply Chain Research Summary 250120 (By zwz)1. Appearance Features a large folding mechanism on the left rear side. Folded thickness: 9.2mm; single-side thickness: 4.6mm. The internal screen is comparable to two 6.1inch phones https://t.co/UM2rGMQIwp Jukanlosreve (@Jukanlosreve) February 6, 2025The post A Folding iPhone In 2026? Supply Chain Expert Confirms Tentative Launch Date and Specs first appeared on Yanko Design.
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  • Nothing Game Controller Concept turns the Glyph Interface into an In-Game Achievement Light
    www.yankodesign.com
    If you just distil the meaning of the word Notification, you realize that the humble Notification Light can apply to literally any product, from a phone to a doorbell to a game controller. Meet the Nothing Gamepad (1), a controller concept by Anurag Sarda that reimagines Nothings ethos of transparency and fun from the POV of one of the most fun tech experiences ever gaming.The Gamepad (1) is simple, functional, ergonomic, and visually distinct which means it ticks all the right boxes. The design features an opaque front fascia, with a transparent backplate. On the inside, back-facing glyph LEDs light up in the middle of gameplay, letting you know when you make an achievement, score a kill, or hit a winning streak.Designer: Anurag SardaTransparency should have meaning, not just be a gimmick like tons of transparent gaming controllers available in the market, Sarda says, highlighting how the controllers transparent back retains the tenets of Nothings design. After all, Nothing doesnt make ENTIRELY transparent devices it uses an interplay of transparent and opaque, as seen with the Nothing Ear and the Nothing Phone series.The controller tows that fine line brilliantly, balancing multiple aspects of design from the sleek, simple exterior to the overall ergonomic design to finally that glyph back. The form has a simple blobject-like design, with minimalist controls that span everything from the D-pad to joystick, action buttons and even the double shoulder buttons. The detailing even features Nothings dot-matrix font on the action keys, and on the Nothing button front and center (which presumably works as a home button).The playful LED accents react subtly to gameplay, enhancing immersion without being a distraction, Sarda adds. Just like the Nothing Phone puts the glyphs on the back so as to not distract from the screen on the front, the Gamepad (1) does the same, but the glyphs shine through the back, creating a halo of sorts on your palms and your desktop while you game. You get hit by you opponent, the light and haptics kick in. You pass a level, the glyphs do a dance. You lose a life, the glyphs light up and fade out. The experience is small yet highly enriching, making the Gamepad (1) stand out from other controllers just like Nothing wants its tech to rise above the competition.Will Nothing ever release a gaming controller? Probably not in the near future. Theyre on track to debut the Phone (3a) on the 4th of March with hopefully a hands-on showcase at Mobile World Congress. We also got wind of the company probably working on a Phone (3) and maybe a Nothing foldable phone which could launch as early as this year. Carl Pei said that 2025 would be a big year for the company, with as many as 6 product launches on the horizon. Wouldnt it be fun if a game controller were one of those products?!The post Nothing Game Controller Concept turns the Glyph Interface into an In-Game Achievement Light first appeared on Yanko Design.
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  • USAID Workforce Slashed From 10,000 to Under 300 as Elon Musks DOGE Decimates Agency
    www.wired.com
    The US governments primary foreign aid organization is losing the vast majority of its staff, forcing the agencys lifesaving work to screech to a halt.
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  • C. Richard Kramlich, Early Investor in Silicon Valley, Dies at 89
    www.nytimes.com
    He was among the first backers of Apple Computer and 3Com, earning windfalls, but it was his humaneness that distinguished him from other venture capitalists.
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