Articles from: The Next Web

34 articles

High gas prices are not saving Tesla. They are just slowing the bleeding.

Summary: US petrol prices passed $4/gallon for the first time in four years (+30% YoY), driven by the Iran conflict and Strait of Hormuz disruption. Tesla delivered 358,023 vehicles in Q1 2026, up 6% against a weak comparison quarter but missing estimates by …

The Next Web by Alina Maria Stan

Jensen Huang joins the Tsinghua University advisory board chaired by Tim Cook

The Nvidia CEO accepts a seat on Tsinghua’s School of Economics and Management board alongside Musk, Dell, Nadella, Zuckerberg, Dimon and Fink, days after travelling to China with Trump. Jensen Huang has accepted an invitation to join the advisory board of Ts…

The Next Web by Ana-Maria Stanciuc

The EU just passed the Turnberry trade deal. The tech fight is only starting.

The European Parliament voted on Tuesday to ratify the Turnberry Agreement, the trade deal struck at Donald Trump’s Scottish golf resort in July 2025. The final tally was 440 in favour, 151 against, with 50 abstentions. Under the deal, the EU will eliminate m…

The Next Web by Alina Maria Stan

House Democrats want AI CEOs under oath. Only Mike Johnson can make it happen.

The one everybody covered went to Speaker Mike Johnson. CNBC’s Megan Cassella reported it first. House Democrats want public hearings on the AI security incidents of the past month, and they want the chief executives of the largest AI companies in the witness…

The Next Web by Ana-Maria Stanciuc

Trump Media posts a $238m quarterly loss as its bitcoin bet sours

Trump Media & Technology Group, the parent of Truth Social, reported a net loss of $238.1m for the second quarter of 2026, a figure that dwarfs the $20m loss it posted a year earlier and turns the company’s slow drift from social network to crypto holding veh…

The Next Web by Alina Maria Stan

Tesla emptied its share of California’s new EV rebate in five days

Tesla exhausted its share of California’s MyFirstEV rebate between August 3 and August 8. The $50,000 price cap is waived for California-headquartered EV-only makers like Rivian and Lucid, but not Tesla. Tesla used up its entire allocation of California’s new…

The Next Web by Darius Popa

Trump’s drone tariffs reach 100%, and Europe gets capped at 15%

Donald Trump signed the proclamation on 13 August. It carries the title Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States. It rests on Section 232 of the Trade Expansion Act of 1962, the national se…

The Next Web by Ana-Maria Stanciuc

The US told Apple not to buy Chinese memory chips. It has no rule that stops it

The commerce secretary made the comments to The Wall Street Journal on 14 August, in a piece by Rolfe Winkler, Raffaele Huang and Amrith Ramkumar. “The Trump administration is not in favor of that,” Lutnick said. There have to be “other solutions to the memor…

The Next Web by Ana-Maria Stanciuc

The DOJ is investigating Andreessen Horowitz over competing board seats

The US Justice Department is investigating Andreessen Horowitz. At issue is whether partners at the venture capital firm improperly sit on the boards of competing artificial intelligence companies. Bloomberg reported the investigation on Monday, citing people…

The Next Web by Alina Maria Stan

China is removing Microsoft’s Windows 10 from state agencies

China is removing a government version of Microsoft’s Windows 10 from state agencies, earlier than planned. The Ministry of State Security recently told some state-linked entities to uninstall the customised software, Bloomberg reported, citing people familia…

The Next Web by Alina Maria Stan

TikTok is building a way to send money inside DMs

TikTok is working on a way for users to send each other money inside direct messages, according to Bloomberg. The feature would run on TikTok Pay, the app’s existing payment system, Bloomberg reported. Natalie Lung and Alexandra Levine wrote that references t…

The Next Web by Cristian Dina

Trump hosts crypto executives as the SEC proposes its friendliest rules yet

The Securities and Exchange Commission spent Tuesday proposing the friendliest set of crypto rules an American regulator has ever put on paper. On Wednesday, the industry that would benefit from them was at the White House, having lunch with the president. Do…

The Next Web by Ana-Maria Stanciuc

The Justice Department is backing xAI against Minnesota’s nudify ban

The US Department of Justice has stepped into a court fight on the side of Elon Musk’s xAI. It is backing the company’s challenge to a Minnesota law that bans AI “nudification” tools. A federal judge heard arguments on Wednesday and said he would rule soon, a…

The Next Web by Ana Maria Constantin

Big Tech is on a charm offensive to get its data centres built

Big Tech is pouring money into local PR campaigns to win support for the data centres it needs. Opposition to the buildings is spreading across the United States. They are holding town halls, dropping tax demands and sponsoring community groups. That is accor…

The Next Web by Alina Maria Stan

Trump signs a memo to clear the regulatory path to three launches a day

The United States conducted 178 orbital launches and re-entries last year, but the White House now wants at least a thousand a year by 2030. President Donald Trump signed a memorandum on Thursday directing federal agencies to clear the path to that number, la…

The Next Web by Ana-Maria Stanciuc

DOJ opposes an emergency hearing over the FCC’s review of ABC’s licences

Disney asked a federal judge to hold an emergency hearing by Tuesday over the Federal Communications Commission’s move to review the licences of its eight ABC-owned stations. The Justice Department told the court on Thursday that there is no hurry. The govern…

The Next Web by Ana-Maria Stanciuc

Uber is fined 825 million euros over automated driver suspensions

The Dutch data protection authority has decided to fine Uber €825mn, or about $966mn, for shutting down driver accounts by automated systems without telling the drivers properly. It is the second-largest penalty ever issued under the General Data Protection R…

The Next Web by Ana-Maria Stanciuc

Trump wants a $103,265 fee on new H-1B visas

The US Department of Homeland Security proposed a rule on Monday. It would charge employers $103,265 for a new H-1B visa. Daniel Wiessner reported the filing for Reuters. A federal judge blocked a similar fee in June, calling it unlawful. H-1B visas let US em…

The Next Web by Alina Maria Stan

OpenAI wants California to toughen the AI law it once fought

OpenAI has asked California to toughen the AI safety law it once fought. The company published the request on Friday, and Chase DiFeliciantonio reported it for Politico. It is the first major AI lab to call for changes to the transparency law. That law was th…

The Next Web by Ana Maria Constantin

Trump bought SpaceX shares two weeks after the IPO, a disclosure shows

Donald Trump bought up to $50,000 of SpaceX stock on 23 June, roughly a fortnight after the company completed the largest initial public offering in history, according to a financial disclosure reported this week. The purchase places the sitting president on …

The Next Web by Ana-Maria Stanciuc

Trump says refusing a data centre is a mistake. Abbott disagrees

Texas governor Greg Abbott says data centre companies brought the backlash on themselves. “They basically dug their own grave for the problem that’s been caused for them,” he told ABC’s Jonathan Karl on Sunday. “And that’s why they got the backlash they deser…

The Next Web by Alina Maria Stan

Huawei bid to build Egypt’s AI data centres, and Washington is scrambling

Huawei has bid to build AI data centres for the Egyptian government. The US State Department is now trying to assemble a rival consortium from Nvidia, AMD and Microsoft. The tender offer proposes exporting 1,408 of Huawei’s top-end Ascend 950-series chips for…

The Next Web by Alina Maria Stan

Amazon moved some Canadian sourcing from the US to China to avoid tariffs

Amazon expects package volume in Canada to rise by more than 40% between 2026 and 2029, outpacing its US growth every year, according to internal documents reviewed by Business Insider. One of the more striking details is a March planning document recording t…

The Next Web by Alina Maria Stan

US judge strikes down Pentagon blacklist of Anthropic as illegal retaliation

A federal judge has voided the Pentagon’s designation of Anthropic as a national security supply-chain risk, finding that the label was punishment for the company’s public criticism of the Trump administration rather than a security assessment. US District Ju…

The Next Web by Ana-Maria Stanciuc

Google Maps relabels Lake Ontario as Lake America for US users

Google Maps now labels Lake Ontario as Lake America for users in the United States, following an update to the US Geographic Names Information System, while Canadian users see the old name and everyone else sees both. Google Maps has been a designated very la…

The Next Web by Ana Maria Constantin