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Latest News

  • Roblox’s daily users continue to drop as age-checks slow growth

    Roblox's daily active users continued to slip last quarter due in part to its rollout of age checks on its platform. According to its latest earnings report, Roblox currently has 132 million daily active users globally, down from 144 million at the end of last year, which was a drop from 152 million in Q3

  • Congress keeps kicking surveillance reform down the road

    Congress has reauthorized Section 702 of the Foreign Intelligence Surveillance Act - but only for another 45 days. The extension is meant to give legislators more time to negotiate reforms to the controversial wiretapping bill. If the past few weeks are any indication of how future debates will go, however, we're in for a bumpy

  • Apple’s iPhone revenue jumps to $57 billion despite chip shortages

    Apple's iPhone revenue jumped 22 percent to $57 billion over the past few months, despite supply chain issues impacting the device's processor. During an interview with Reuters, Apple CEO Tim Cook said iPhone "demand was off the charts" but added that there's "a little less flexibility in the supply chain at the moment for getting

  • Rivian downsizes new EV factory after Trump’s DOE slashes loan agreement

    Rivian announced some changes today with regard to the factory its building in the state of Georgia. The company was planning to build the facility in two phases, each resulting in 200,000 vehicles of annual production capacity, for a total of 400,000 units. Rivian held a ground breaking ceremony late last year. Now the company

  • Rivian’s revenue is up as R2 production kicks into gear

    Rivian reported its first quarter earnings of 2026, providing us a closer look at the company's financial health as it kicks off production for the crucial R2 electric vehicle. We've already got Rivian's production and delivery statement from the first three months of the year. The company sold 10,365 vehicles in Q1, representing 20 percent

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