Android Developers May Be Unknowingly Sharing User Location Data With Advertisers

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New research suggests that Android app developers may be inadvertently sharing their users' location data with advertisers. The findings indicate that developers are likely unaware that this data sharing is taking place through their apps. This raises significant privacy concerns for Android users whose precise location information may be reaching advertising networks without their knowledge. The research highlights a gap in developer awareness around how third-party advertising integrations handle sensitive user data.

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SpaceX Has Purchased $329 Million Worth of Tesla Megapacks in 2024

SpaceX has acquired $329 million worth of Tesla Megapacks so far this year, highlighting the deep financial ties between Elon Musk's companies. Megapacks are large-scale battery energy storage systems manufactured by Tesla. The transaction underscores how SpaceX and Tesla, both led by Musk, increasingly do business with each other. This level of cross-company spending raises questions about the interconnected nature of Musk's corporate empire.

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TechnologyThe Verge ·

AMD Data Center Revenue Doubles to $6.7B as Gaming Sales Slide 31%

AMD reported record total revenue of $11.5 billion, a 50 percent year-over-year increase, in its latest quarterly earnings. The company's data center segment was the standout performer, more than doubling year-over-year to $6.7 billion, driven by surging demand for AI infrastructure. Data center sales now account for 58 percent of AMD's total company revenue, up from $3.2 billion in the same period last year. In contrast, AMD's gaming division struggled, with revenue falling 31 percent year-over-year to $779 million, weighed down by price increases and component shortages affecting consoles like the Xbox Series X/S, PS5, and Steam Deck.

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TechnologyBBC Tech ·

SpaceX Reports Loss and Heavy Spending in First Public Earnings

SpaceX has released its first-ever earnings report since going public, revealing a financial loss alongside significant spending. The disclosure marks a notable milestone as the company faces scrutiny over its financial performance. Investor enthusiasm that accompanied SpaceX's stock market debut has been difficult to sustain. The report highlights the substantial costs involved in running and expanding the private space company founded by Elon Musk.

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TechnologyThe Verge ·

xAI Revenue Triples to $2.6B but Division Still Lost $1.5B This Quarter

SpaceX's AI division saw its revenue grow more than threefold to $2.6 billion compared to the prior year, driven largely by compute deals with other AI firms. The division nonetheless posted a $1.5 billion loss this quarter, a marginal improvement over the same period last year. SpaceX secured compute agreements with Anthropic in May and Google in June, positioning it as a competitor to neoclouds like CoreWeave. The company has identified its AI division as the primary source of its overall value in documents related to a potential public offering. Growing AI ambitions are also pushing SpaceX to increase its capital expenditure in the sector.

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