Trump administration’s deal is structured to prevent Intel from selling foundry unit

The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit. According to reporting from the Financial Times, at a Deutsche Bank conference on Thursday, Intel’s CFO David Zinsner shared new details about the company’s recent deal with the Trump administration, which gave the U.S. government…

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No-code website builder Framer reaches $2B valuation

Framer, a no-code website builder that claims over half a million monthly active users, has reached a $2 billion valuation after raising a $100 million Series D funding round led by existing investors Meritech and Atomico. This double-unicorn milestone comes at a time of hype for website builders  — including direct competitors like Figma, Squarespace…

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Honor’s slim Magic V5 foldable is fun to use, minus the huge camera bump

There is a spec war going on among companies to claim the crown of thinnest foldable. Phone manufacturers are playing with fractions of millimeters to boast about their phone’s thickness.
Honor is winning this race on a theoretical basis with its 8.8mm (when folded) thick Magic V5 foldable. I’m saying theoretical because there is a huge, camera-bump-sized caveat to this. Image Credits: Ivan Mehta The…

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How a 16-year-old company is easing small businesses into AI

Amid all the “is this a bubble?” talk about artificial intelligence, the supply chain and logistics industries have become breeding grounds for seemingly genuine uses of the technology. Flexport, Uber Freight, and dozens of startups are developing different applications and winning blue-chip customers. But while AI helps Fortune 500s pad their bottom line (and justify…

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TransUnion says hackers stole 4.4 million customers’ personal information

Credit reporting giant TransUnion has disclosed a data breach affecting more than 4.4 million customers’ personal information. In a filing with Maine’s attorney general’s office on Thursday, TransUnion attributed the July 28 breach to unauthorized access of a third-party application storing customers’ personal data for its U.S. consumer support operations. TransUnion claimed “no credit information…

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