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Month: July 2025

Bitcoin tops $118,000 for the first time, as the cryptocurrency continues to climb to new heights

Bitcoin tops $118,000 for the first time, as the cryptocurrency continues to climb to new heights

By MICHELLE CHAPMAN and WYATTE GRANTHAM-PHILIPS, AP Business Writers

Bitcoin has reached yet another all-time high, surpassing $118,000 for the first time on Friday — as a flood of money continues to move into spot bitcoin ETFs, all while U.S. President Donald Trump’s crypto-friendly influence makes its way through Washington.

According to data from CoinMarketCap, the going price for bitcoin climbed as high as $118,856 early Friday. It’s since fallen closer to $117,300 around 12:30 p.m. ET — but that’s still over $7,400 higher than what the world’s most popular cryptocurrency was trading at a month ago, and more than double its price this time last year.

Spot bitcoin ETFs opened up cryptocurrency investing more widely after launching last year — and analysts have pointed to record inflows recently. And a soft U.S. dollar and the digital currency friendliness of Trump’s administration also has helped to lift the price of bitcoin to unprecedented levels over the past few months. read more

AI device startup that sued OpenAI and Jony Ive is now suing its own ex-employee over trade secrets

AI device startup that sued OpenAI and Jony Ive is now suing its own ex-employee over trade secrets

By MATT O’BRIEN

A secretive competition to pioneer a new way of communicating with artificial intelligence chatbots is getting a messy public airing as OpenAI fights a trademark dispute over its stealth hardware collaboration with legendary iPhone designer Jony Ive.

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In the latest twist, tech startup iyO Inc., which already sued Ive and OpenAI CEO Sam Altman for trademark infringement, is now suing one of its own former employees for allegedly leaking a confidential drawing of iyO’s unreleased product.

At the heart of this bitter legal wrangling is a big idea: we shouldn’t need to stare at computer or phone screens or talk to a box like Amazon’s Alexa to interact with our future AI assistants in a natural way. And whoever comes up with this new AI interface could profit immensely from it. read more

TikTok faces fresh European privacy investigation over China data transfers

TikTok faces fresh European privacy investigation over China data transfers

By KELVIN CHAN

LONDON (AP) — TikTok is facing a fresh European Union privacy investigation into user data sent to China, regulators said Thursday.

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The Data Protection Commission opened the inquiry as a follow up to a previous investigation that ended earlier this year with a 530 million euro ($620 million) fine after it found the video sharing app put users at risk of spying by allowing remote access their data from China.

The Irish national watchdog serves as TikTok’s lead data privacy regulator in the 27-nation EU because the company’s European headquarters is based in Dublin. read more

Ford recalls over 850,000 cars in the US due to potential fuel pump failure

Ford recalls over 850,000 cars in the US due to potential fuel pump failure

NEW YORK (AP) — Ford is recalling more than 850,000 of its cars across the U.S. because the low-pressure fuel pump inside the vehicles may fail — and potentially cause an engine stall while driving, increasing crash risks.

The recall covers a wide range of Ford and Lincoln-branded vehicles made in recent model years. That includes certain Ford Broncos, Explorers and F-150s, as well as Lincoln Aviators and Navigators, documents published this week by the National Highway Traffic Safety Administration note.

Ford plans to send out notification letters to affected owners starting this Monday (July 14), to warn of safety risks related to potential fuel pump failure. But a remedy is still “under development,” the NHTSA’s recall report notes.

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AI device startup that sued OpenAI and Jony Ive is now suing its own ex-employee over trade secrets


A small Texas community where everyone survived flooding has sirens that warned them


Breaking down the force of water in the Texas floods
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NASA targets July 31 for Crew-11 launch while Ax-4 mission won’t return until next week

NASA targets July 31 for Crew-11 launch while Ax-4 mission won’t return until next week

There’s nowhere to park right now at the International Space Station for NASA’s next Commercial Crew Program launch, but a slot should clear next week allowing for the launch of Crew-11 as early as July 31.

That’s because the private Axiom Space Ax-4 mission that arrived to the space station two weeks ago could depart as early as Monday, according to an update Thursday from NASA and SpaceX officials.

The station only has room for two of SpaceX’s Crew Dragon spacecraft at a time. Right now it has the newest Dragon named Grace, used by Ax-4 when it launched from Kennedy Space Center on June 25 arriving to the station one day later, and the Crew Dragon Endurance that was used by Crew-10 when it launched from KSC back in March.

Once Ax-4 departs, it will allow for SpaceX to send up Crew Dragon Endeavour flying for a record sixth time launching from KSC’s Launch Pad 39-A as early as 12:09 p.m. on the last day of the month.

“We’re excited for this Dragon, named Endeavour by its first crew, to carry four more astronauts to space in a few weeks,” said Sarah Walker, director of Dragon Mission Management at SpaceX. read more