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Insider

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Why Goldman Sachs thinks Trump's tariffs may not be that bad for Asian markets

  • Goldman Sachs analysts believe that Trump's tariffs may not be as damaging to Asian markets as initially feared.
  • While tariffs could impact markets, having clear information about them could reduce the negative sentiment among investors.
  • North Asian markets like Taiwan, South Korea, and Japan face higher exposure to the tariffs, while Southeast Asian markets are less affected.
  • Goldman Sachs suggests that a stable and predictable tariff regime could improve investor risk appetite, but downside risks still exist.

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Gsmarena

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HMD scales back its US operations

  • HMD, the official licensee of Nokia-branded phones, is scaling back its US operations.
  • The decision is attributed to the challenging geopolitical and economic environment in the United States, potentially linked to tariffs.
  • Despite the reduction in US operations, HMD assures customers of honoring warranties and providing support through global teams.
  • The company remains committed to long-term growth and supporting impacted US colleagues during the transition.

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Medium

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Subnautica 2 pushed back to 2026, but the drama doesn’t end there

  • The release of Subnautica 2 has been delayed until 2026 to allow the development team more time to incorporate feedback and enhance the overall game experience.
  • Krafton stated that the decision to postpone the game was solely aimed at improving its quality and not influenced by financial motives.
  • A dispute arose between Krafton and three former leadership members of Unknown Worlds over bonus money allocated for demonstrating leadership and active involvement in the development of Subnautica 2.
  • The trio accused by Krafton of abandoning the game development denied the accusations, and they have filed a lawsuit against Krafton, leading to a potentially prolonged legal battle.

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Hackernoon

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The TechBeat: 5 Data Breaches That Ended in Disaster (and Lessons Learned) (7/11/2025)

  • Explore 5 major data breaches leading to company shutdowns, learning backup, security, and recovery.
  • Lessons in data security from incidents to safeguard businesses against breaches effectively.
  • Importance of backup, security, and disaster recovery strategies in data protection emphasized.

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Insider

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'Superman' is silly, heartfelt, and shows the new DC Universe can easily rival Marvel

  • "Superman" is the first film of the rebooted DC Universe, directed by James Gunn, and shows potential to compete with Marvel by avoiding Superman's over-told origin story.
  • The movie is fun and full of heart, focusing on Superman's attempts to understand a tech billionaire villain, Lex Luthor, raising the stakes and making the character more interesting.
  • The film explores themes such as authoritarianism, ethically questionable billionaires, and Superman as a cosmic refugee, reflecting hope and human stories in a colorful superhero setting.
  • While the film has some silly and messy moments, it embraces the wonderfully weird elements of the character's history, showcasing heart and comic book craziness.

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Insider

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Jeans brand Levi's is up 8% on strong earnings — despite a profit hit from tariffs

  • Levi's reported a strong second-quarter performance with a 6% increase in net revenues compared to the previous year, particularly driven by a 14% increase in net sales in Europe.
  • The stock price of Levi's surged about 6% in after-hours trading following the positive earnings report.
  • Despite the strong performance, Levi's anticipates a profit impact of up to $30 million this year due to tariffs implemented by President Trump.
  • The CEO of Levi's, Michelle Gass, mentioned that the company's exposure to China is minimal and that they are employing various strategies to mitigate the effects of tariffs.

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TronWeekly

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Litecoin (LTC) Transaction Size Hits $50K: What It Means for the $100 Price Target

  • Litecoin's average transaction value has surged from $3K to $50K in 2024, reflecting increased participation from bigger players or institutions.
  • LTC price has risen over 7% this week, supported by strong volume and open interest.
  • Technical signals for Litecoin remain bullish as indicators align above key resistance levels.
  • Litecoin's price is aiming for the $100 mark as it sees positive momentum and strong support from on-chain metrics.

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CarExpert

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Tesla arch-rival Polestar achieves sales record

  • Polestar achieves 51% increase in global sales, setting record highs in 2025.
  • Australian sales up by 23% in H1, driven by new SUV introductions.
  • Polestar on track for a record year, aiming for continued growth in sales.

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Coinpedia

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Why is Crypto Going Up Today ?

  • Bitcoin spot ETFs saw $1.17 billion in net inflows, led by BlackRock and Fidelity, indicating strong institutional interest in the crypto market.
  • Over $5 billion in BTC and ETH options are set to expire, with balanced market sentiment reflected in the Put/Call Ratios and max pain points.
  • Ethereum price surpasses $3,000 as BlackRock acquires over 108,000 ETH, signaling institutional confidence in Ethereum.
  • Bitcoin reaches a new all-time high above $118,000 driven by institutional demand, spot ETF inflows, and increasing adoption by companies and governments.

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Inc42

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ONDC Plans Fresh Subsidy Push To Tap Food Delivery Customers: Report

  • The ONDC is planning to provide subsidies of INR 100-150 Cr to food delivery companies on its network to boost orders for restaurants.
  • The incentives, expected to result in 80-100 Mn additional orders, are being finalized after discussions with representatives of ONDC, restaurants, and delivery firms.
  • The move will enable firms like Magicpin, Paytm, Ola Consumer, and Waayu to offer discounts using these subsidies.
  • This initiative comes after ONDC previously reduced incentives for network participants to prevent dominance by a few large players and aims to empower small merchants to compete with major e-commerce platforms.

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Medium

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ModRetro Chromatic is now permanently available

  • The ModRetro Chromatic is now permanently available in two options, the Gorilla option priced at $199.99 and the Sapphire option at $299.99.
  • The Sapphire option, which is more expensive, utilizes a material not commonly used for displays, potentially contributing to the higher price along with ongoing tariff situations.
  • The rest of the Chromatic features remain the same, including a magnesium alloy case and pixel-perfect IPS display.
  • While the device is associated with Palmer Luckey, known for Oculus Rift and controversial ties, it remains available for purchase, offering a good handheld option amidst other alternatives in the market.

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HinduBusinessLine

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Kakinada SEZ to invest ₹1,310 crore to set up desalination plant in Andhra Pradesh

  • Kakinada SEZ plans to invest ₹1,310 crore to establish a desalination plant in Andhra Pradesh, with approval from an Expert Appraisal Committee.
  • The desalination plant will have seawater intake pipelines drawing 380 MLD, distributing product water to industries and port through pipelines, and an outfall pipeline for brine rejects into the sea.
  • Conditions for Coastal Regulation Zone clearance include developing a prototype for brine discharge reuse, funding for research, and earmarking ₹10 crore for environmental measures.
  • The project aims to reduce freshwater load in neighboring areas by using desalination water and minimizing groundwater extraction, with any project scope changes requiring fresh appraisal.

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Bloomberg Quint

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iPhone 17e Price Likely Around Rs 65,000, Launching Sooner Than Expected

  • Apple is reportedly planning to launch the iPhone 17e earlier than expected in early 2026, following an annual upgrade cycle for its low-cost iPhone lineup.
  • The iPhone 17e, replacing the 16e model, is expected to launch in February 2026, as per Bloomberg's Mark Gurman, deviating from Ming-Chi Kuo's earlier prediction of a May 2026 release.
  • The iPhone 17e is likely to maintain features like a 6.1-inch OLED display, USB-C port, and be powered by the A19 chip, with an expected price around Rs 64,990 in India.
  • Apple is anticipated to continue the 'e' lineup with a third-generation model expected in the spring of 2027, further solidifying its commitment to annual refresh cycles for budget-friendly iPhones.

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The Register

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Chinese censorship-busters claim Tencent is trying to kill its WeChat archive

  • GreatFire.org accuses Singapore infosec outfit Group-IB of assisting Tencent in shutting down FreeWeChat.com, an archive of censored material from Chinese websites.
  • Tencent, through Group-IB, alleged trademark and copyright infringement, cybersquatting, and unfair competition against FreeWeChat.com, leading to its hosting provider complying with a takedown request.
  • GreatFire.org refuted Tencent's claims on legal and factual grounds but still had its host comply, suggesting an attempt to silence a watchdog.
  • The incident underscores the battle against censorship and attempts to stifle online content critical of Chinese authorities, with GreatFire.org seeking alternative hosting arrangements to continue its work.

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CarExpert

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Ram looking to take on Ford Ranger, Toyota HiLux directly with ladder-frame dual-cab ute – report

  • Ram is reportedly planning to introduce a new pickup truck in 2027, positioned below the 1500 model, to directly compete with popular models like Ford Ranger and Toyota HiLux in Australia.
  • The upcoming Ram ute will feature a body-on-frame construction, unlike its current car-based unibody dual-cab model, and will be exclusively offered in dual-cab guise.
  • The smaller Ram truck, serving as a replacement for the Dakota, will enter production at Stellantis’ Belvidere plant in Illinois and is expected to rival the Ford Ranger in the US market.
  • There have been previous hints at a unibody pickup for the Ram range and talks of a global mid-size pickup for several years, indicating Ram's strategic move in expanding its pickup lineup.

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