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August 3, 2025

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Day: August 1, 2025

Apple incurred ~$800M in tariff-related costs in Q3, $100M less than expected, and expects a jump to $1.1B in Q4 if current rates and policies remain in place (William Gallagher/AppleInsider)

William Gallagher / AppleInsider:
Apple incurred ~$800M in tariff-related costs in Q3, $100M less than expected, and expects a jump to $1.1B in Q4 if current rates and policies remain in place  —  Trump’s tariffs are increasingly cost…

August 1, 2025
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Russia’s Medvedev mocks Trump’s ‘nervous reaction’

US President Donald Trump’s angry comments toward Russian officials were a “nervous reaction” and are evidence that Moscow is pursuing the right path, former President Dmitry Medvedev has stated.

August 1, 2025
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Pentagon asks to move $150m to speed up Air Force One by two years

The move is part of DOD’s $5.4 billion omnibus reprogramming request.

August 1, 2025
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Trump demands drug companies slash U.S. prices in blow to industry

Trump gave the companies 60 days to voluntarily comply, threatening to “deploy every tool in our arsenal to protect American families” if they don’t.

August 1, 2025
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Texas man indicted for fatally shooting Afghan refugee who had helped US troops defuse bombs

The brother of an Afghan refugee who helped U.S. forces defuse bombs in Afghanistan has expressed frustration over the delay in indicting the man accused of fatally shooting his sibling.

August 1, 2025
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Amazon’s gloomy earnings forecast overshadows better-than-expected results

The guidance spooked investors who are eager to see Amazon’s hefty investments in artificial intelligence pay off.

August 1, 2025
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American man bitten by shark as he dangled leg from boat in Bahamas

On average, there are approximately 65 shark attacks globally every year, and six result in fatalities

August 1, 2025
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Saudi Arabia’s Q2 2025 budget: Non-oil revenues jump 7%, now nearly half of all government income

Saudi Arabia’s Q2 2025 budget report shows a 7% rise in non-oil revenues, reaching SR149.861 billion ($39.9 billion), now nearly half of total income. While oil revenues fell 29%, fiscal reforms under Vision 2030 drove stronger tax and non-oil performa…

August 1, 2025
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Apple reports biggest revenue growth since December 2021

Apple CEO Tim Cook said Apple would “significantly grow” its AI investments, adding that the company is “open to M&A that accelerates our roadmap.”

August 1, 2025
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Photos: Blue Angels roar back to Seattle

The Blue Angels will commence their performance at 3:35 p.m. Friday, Saturday and Sunday during the festival’s Boeing Seafair Air Show.

August 1, 2025
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Recent Posts

  • Thoma Bravo agrees to acquire a stake in Chicago-based capital markets industry SaaS provider Trading Technologies, sources say in a deal valued at over $1B (Bloomberg) August 3, 2025
  • Ukraine and Russia strikes hit homes and oil depot near Black Sea August 3, 2025
  • Latest news bulletin | August 3rd, 2025 – Morning August 3, 2025
  • The Marin Community Foundation sold 13.4M+ Figma shares for $440M+ in the IPO; source: the foundation had received the shares from Figma co-founder Evan Wallace (Allie Garfinkle/Fortune) August 3, 2025
  • Russia Earthquake May Have Caused Volcano Eruption After 600 Years August 3, 2025
  • Foxconn partners with Taiwan-based Teco for AI servers and other AI data center hardware, taking a 10% stake, while Teco gets a less than 1% stake in Foxconn (Debby Wu/Bloomberg) August 3, 2025
  • Arkham Intelligence claims to have uncovered a previously undisclosed heist of 127,426 BTC, now worth ~$14.5B, from Chinese mining pool LuBian in December 2020 (Zack Abrams/The Block) August 3, 2025

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