July 25, 2025

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Intel Cuts 24,000 Jobs After Flat Q2 Revenue

Intel posted flat revenue of $12.9 billion in Q2 2025 but suffered a $2.9 billion net loss, driven by restructuring charges and competitive pressures. Under new CEO Lip-Bu Tan, the company will cut 15% of its workforce (≈24,000 jobs) by year-end and axe international fab projects in Germany and Poland. Intel also announced a $10 billion cost-reduction initiative—including halting non-cash impairments, accelerating tool depreciation and consolidating Costa Rica operations into Vietnam and Malaysia—to streamline operations and shore up profitability.

Apple Launches iOS 26 Public Beta with New Subscription Perks

Apple has opened its iOS 26 public beta to all users, bringing a slate of subscription-focused features designed to lock in service revenue ahead of the fall launch.

• Emoji Game and Apple Invites are rolling out now in News Plus and other apps.
• Auto Mix in Apple Music and Ready-Made Custom Plans in Fitness Plus arrive later this year.

With services revenue now outpacing several hardware categories combined, Apple is doubling down on perks that keep customers in its ecosystem—and on its monthly billing cycle.

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Samsung Unveils Thinnest, AI-Powered Galaxy Z Fold7 and Flip7

Samsung Electronics has officially launched its latest foldable smartphones, the Galaxy Z Fold7 and Galaxy Z Flip7, alongside the Galaxy Watch8 series in 49 markets worldwide as of July 25. Boasting thinner, lighter designs and a suite of on-device AI tools, these devices signal Samsung’s push to make foldables practical daily drivers rather than niche gadgets.

Key highlights include:

Generative Edit on the Fold7’s 200 MP camera for one-tap background removals

Gemini Live integration for real-time, context-aware search through the camera

FlexWindow on the Flip7 for notifications, music controls and live AI chat without unfolding

With Fold7 accounting for over half of pre-orders and a 50 percent jump in European demand, Samsung is betting its refined engineering and embedded AI will expand foldable appeal beyond early adopters.

Google and Figma Debut No-Code AI App Builders

Google and Figma have each rolled out no-code AI app builders designed to put app creation within reach of non-developers. On July 24, Google opened a US-only public beta of Opal—a text-prompt-driven, visual workflow editor—via Google Labs. At the same time, Figma moved Make from beta to general availability, adding an AI credit system and tiered publishing access for paid subscribers.

Key points:

Opal chains prompts, models and tools into clickable workflows for rapid prototyping and sharing.

Make emphasizes design-first creation, using visual references and backend integrations to generate interactive prototypes without code.

These launches heighten competition with Amazon’s Kiro, Microsoft-backed Replit and startups like Cursor, as tech firms race to democratize AI-powered app development.

Meta’s EMG Wristband Lets Users ‘Think’ Commands for AR Glasses

Meta Platforms Inc. has unveiled an electromyography (EMG) wristband that interprets subtle finger movements—and even the intention to move—into precise commands for augmented reality (AR) glasses.

By placing sensors around the wrist, the device reads electrical signals from muscles and nerves, translating them in real time into actions like scrolling, selecting, or gesturing within a digital overlay. Researchers published these findings in Nature, demonstrating the band’s ability to detect minute intentions, such as a phantom pinch, without visible motion.

Beyond AR: Meta is extending this technology to computer control, partnering with Carnegie Mellon University to help users with spinal cord injuries navigate cursors, open apps or “write” in the air—all without invasive implants.

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Intel to Cut 24K Jobs After $2.9B Net Loss, Scraps Germany & Poland Fab Projects