Mark Zuckerberg says Meta is building a 5GW AI data center

July 14, 2025
Meta is currently building out a data center, called Hyperion, which the company expects to supply its new AI lab with five gigawatts (GW) of computational power, CEO Mark Zuckerberg said in a Monday post on Threads. The announcement marks Meta’s latest move to get ahead of OpenAI and Google in the AI race. After […]

Weekly subscriptions dominate iOS app revenue, report finds

July 14, 2025
Weekly subscriptions have now become one of the most popular ways iOS apps are earning revenue, with these plans contributing 46% to the bottom line, according to a new report by app revenue management platform Adapty. The study, which observed $1.9 billion in revenue across more than 11,000 apps, noted that weekly plans have grown […]

Rivian CEO RJ Scaringe’s voting control slips following divorce settlement 

July 14, 2025
Rivian founder and CEO RJ Scaringe has transferred a portion of his ownership stake and voting power as part of a newly-settled divorce proceeding, according to a regulatory filing.  Scaringe moved about 4 million in shares and 6 million in options to his ex-wife, Meagan Scaringe, on July 9 as part of the settlement, the […]