Jonathan Wong
The Latest
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iPhone 18 Pro Component Costs Could Jump 38%, but Apple May Absorb Part of the Increase
Apple could face a roughly 38% year-over-year increase in the bill of materials for the 256GB iPhone 18 Pro, according to TrendForce, as sharply higher memory prices reshape the economics of its flagship smartphone. The cost surge raises the odds of a retail price increase, but the research firm says Apple may absorb part of the pressure through lower gross margins rather than pass the entire increase on to consumers. 
Apple could face a roughly 38% year-over-year increase in the bill of materials for the 256GB iPhone 18 Pro, according to TrendForce, as sharply higher memory prices reshape the economics of its flagship smartphone. The cost surge raises the odds of a retail price increase, but the research firm says Apple may absorb part of the pressure through lower gross margins rather than pass the entire increase on to consumers. -
Tech Layoffs Hit 125,759 in 2026, Already Surpassing All of Last Year
Technology companies have eliminated more jobs in the first seven months of 2026 than during all of last year, extending a restructuring wave that is increasingly hitting workers even as some of the industry's largest employers report rising revenue and invest heavily in artificial intelligence. 
Technology companies have eliminated more jobs in the first seven months of 2026 than during all of last year, extending a restructuring wave that is increasingly hitting workers even as some of the industry's largest employers report rising revenue and invest heavily in artificial intelligence. -
SpaceXAI Faces More Than $136 Million in Contractor Lien Claims Over Memphis AI Data Centers
SpaceXAI is facing more than $136 million in mechanic's lien claims tied to construction of its artificial intelligence data centers in the Memphis area, after an Ohio-based contractor alleged it has not been paid for work performed on the company's rapidly expanding Colossus facilities. 
SpaceXAI is facing more than $136 million in mechanic's lien claims tied to construction of its artificial intelligence data centers in the Memphis area, after an Ohio-based contractor alleged it has not been paid for work performed on the company's rapidly expanding Colossus facilities. -
Jeff Bezos Plans $4 Billion Amazon Stock Sale as Jim Cramer Warns Move Is a 'Buzzkill' After Earnings Rally
Amazon Executive Chairman Jeff Bezos plans to sell approximately 15 million Amazon shares valued at more than $4.07 billion, according to a Form 144 filing with the U.S. Securities and Exchange Commission, a move that drew immediate attention from investors after the company's blockbuster quarterly earnings report and a sharp rally in its stock price. 
Amazon Executive Chairman Jeff Bezos plans to sell approximately 15 million Amazon shares valued at more than $4.07 billion, according to a Form 144 filing with the U.S. Securities and Exchange Commission, a move that drew immediate attention from investors after the company's blockbuster quarterly earnings report and a sharp rally in its stock price. -
Could You Be Eligible for an Amazon Refund? Here's Who May Receive Part of the $600 Million Tariff Reimbursement
Amazon says some customers will automatically receive refunds after the company secured a $600 million tariff reimbursement, though executives caution that only a limited number of purchases will qualify for direct payments. The announcement, made during the company's second-quarter earnings call, signals that Amazon intends to return part of the recovered funds to shoppers while using the remainder to help keep prices lower across its marketplace. 
Amazon says some customers will automatically receive refunds after the company secured a $600 million tariff reimbursement, though executives caution that only a limited number of purchases will qualify for direct payments. The announcement, made during the company's second-quarter earnings call, signals that Amazon intends to return part of the recovered funds to shoppers while using the remainder to help keep prices lower across its marketplace. -
Elon Musk Clashes With Economist Editor Over Public Backlash, Citing 250 Million X Followers as Proof of Support
Elon Musk turned a question about his public image into a broad attack on the news media during a July 23 interview at Tesla's Texas Gigafactory, telling The Economist Editor-in-Chief Zanny Minton Beddoes that journalists are hated more than he is. The exchange, which spread quickly across X, followed questions about Musk's political commentary, immigration views and increasingly polarizing role in public debate. 
Elon Musk turned a question about his public image into a broad attack on the news media during a July 23 interview at Tesla's Texas Gigafactory, telling The Economist Editor-in-Chief Zanny Minton Beddoes that journalists are hated more than he is. The exchange, which spread quickly across X, followed questions about Musk's political commentary, immigration views and increasingly polarizing role in public debate. -
Amazon's $200 Billion AI Spending Plan Faces Scrutiny as SNAP Enrollment Among Workers Nearly Triples, Report Finds
A new government report has intensified scrutiny of Amazon's labor practices after finding that enrollment in federal food assistance programs among the company's employees has nearly tripled since 2020, even as the e-commerce giant prepares to invest approximately $200 billion in artificial intelligence infrastructure next year. 
A new government report has intensified scrutiny of Amazon's labor practices after finding that enrollment in federal food assistance programs among the company's employees has nearly tripled since 2020, even as the e-commerce giant prepares to invest approximately $200 billion in artificial intelligence infrastructure next year. -
Analyst Accuses Trump Family of Profiting From Iran War, Raises Insider Trading Allegations
Business analyst Ed Elson has accused President Donald Trump and members of his family of financially benefiting from developments surrounding the Iran war, alleging that investments tied to defense technology and cryptocurrency raise serious ethical questions. The allegations, made during a televised discussion with MSNBC anchor Katy Tur, have not been substantiated by independent evidence. 
Business analyst Ed Elson has accused President Donald Trump and members of his family of financially benefiting from developments surrounding the Iran war, alleging that investments tied to defense technology and cryptocurrency raise serious ethical questions. The allegations, made during a televised discussion with MSNBC anchor Katy Tur, have not been substantiated by independent evidence. -
EU Warns TikTok Over Child Safety Violations, ByteDance Faces Potential Fine of Up to 6% of Annual Revenue
The European Union has issued preliminary findings accusing ByteDance-owned TikTok of failing to adequately protect children on its platform, alleging that design features expose younger users to online predators and cyberbullying. If the findings are upheld under the bloc's Digital Services Act (DSA), TikTok could face penalties of up to 6% of the company's annual global revenue. 
The European Union has issued preliminary findings accusing ByteDance-owned TikTok of failing to adequately protect children on its platform, alleging that design features expose younger users to online predators and cyberbullying. If the findings are upheld under the bloc's Digital Services Act (DSA), TikTok could face penalties of up to 6% of the company's annual global revenue. -
Apple’s iPhone 18 Pro Could Cost Up to $300 More as AI Memory Boom Drives Chip Prices Higher
Apple's upcoming iPhone 18 Pro lineup could become the company's most expensive smartphone generation yet as soaring memory chip prices, fueled by the artificial intelligence boom, drive manufacturing costs sharply higher. Industry analysts estimate that the highest-end iPhone 18 Pro Max could cost as much as $300 more to build than its predecessor, raising the likelihood that consumers will see higher retail prices when the devices are expected to launch this September. 
Apple's upcoming iPhone 18 Pro lineup could become the company's most expensive smartphone generation yet as soaring memory chip prices, fueled by the artificial intelligence boom, drive manufacturing costs sharply higher. Industry analysts estimate that the highest-end iPhone 18 Pro Max could cost as much as $300 more to build than its predecessor, raising the likelihood that consumers will see higher retail prices when the devices are expected to launch this September.
