Tesla profits pulled down by falling EV sales and regulatory credits

Tesla faced significant challenges in the second quarter of 2025, with falling electric vehicle sales, lower average selling prices, reduced revenue from regulatory credits, and declining solar and energy storage revenue all impacting its financial performance. While the company saw…

UK targets Apple’s and Google’s mobile platforms for regulation

The U.K.’s Competition and Markets Authority announced on Wednesday a proposal that would grant Apple and Google’s mobile platforms “strategic market status.” This designation would allow the regulator to establish rules that could alter how their app stores function and…

Trump’s AI strategy trades guardrails for growth in race against China

The Trump administration released its long-awaited AI Action Plan on Wednesday, marking a significant departure from former President Biden’s cautious stance on AI risks. Instead, the new plan aggressively pushes for expanding AI infrastructure, reducing regulations for tech companies, strengthening…

YouTube Shorts is adding an image-to-video AI tool, new AI effects

YouTube announced on Wednesday that it’s giving Shorts creators access to new generative AI features, including an image-to-video AI tool and new AI effects. The image-to-video feature lets users turn a picture from their camera roll into a six-second video.…