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SoftBank makes B investment in Intel | TechCrunch

SoftBank makes $2B investment in Intel | TechCrunch

Japanese conglomerate SoftBank has agreed to make a $2 billion investment in Intel in a deal described as a commitment to advanced technology and semiconductors in the United States.

The agreement, in which SoftBank will buy Intel common stock, was announced Monday after markets closed. SoftBank will pay $23 per share of Intel common stock. Shares of Intel, which closed at $23.66, popped more than 5% in after-hours trading.

SoftBank Group Chairman and CEO Masayoshi Son said in a statement that the “strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role.”

The investment provides validation for Intel, which has been overshadowed in recent years by competitors like Nvidia. It also reflects SoftBank’s renewed interest in the U.S., particularly around AI chips. SoftBank recently purchased a factory in Lordstown, Ohio, owned by Foxconn, as part of a plan to build AI data centers.

Intel, steered by new CEO Lip-Bu Tan, is in the midst of a restructuring that aims to streamline the semiconductor business and focus on its core client and data center portfolio. Earlier this summer, Intel shuttered its automotive architecture business and laid off most of its staff. It also announced plans to reduce its Intel Foundry division workforce between 15% and 20%.

Tan has also had to navigate political landmines in recent weeks as President Donald Trump called for his resignation due to conflicts of interest — an accusation that was made without evidence — and his administration reportedly had discussions to take a stake in Intel.

The SoftBank-Intel deal comes just days after the Trump administration threatened new tariffs on imported semiconductor chips as part of his strategy to boost domestic production.

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Thanks to BTS member J-Hope, we now have our first look at Samsung’s Galaxy Z Fold 8 Wide in the wild, ahead of the July 22 Galaxy Unpacked event.

According to a report from 9to5Google’s Ben Schoon, the singer was filmed using the device during soundcheck footage at a BTS World Tour stop in Paris, with the compiled clips circulating on X. The footage shows J-Hope holding and filming with the device from both front and back angles. The device in the video matches leaked renders of the new wide version of the Galaxy Z Fold 8, which is expected to go head-to-head with the iPhone Ultra Fold later this year.

The clips show a purple finish, though the phone isn’t shown unfolded, leaving its inner display still unseen. Samsung maintains a marketing partnership with BTS, and 9to5Google suggested the phone was likely supplied to J-Hope through that relationship rather than as an intentional early reveal.

The device is widely expected to carry the Galaxy Z Fold 8 name, though as we’ve noted, the branding may cause confusion. This version reportedly isn’t a direct successor to last year’s Z Fold 7, with that role instead going to a separate Z Fold 8 Ultra.

In our guide to Galaxy Z Fold 8 Wide leaks, the reported specs point to a 5.5-inch external display, 7.6-inch internal display, Snapdragon 8 Elite Gen 5 chipset, 12GB RAM, and a 4,800mAh battery, alongside a camera setup: 50MP wide, 50MP ultrawide, dual 10MP selfie. This marks a step down from the Z Fold 7’s 200MP main sensor.

Samsung is set to formally unveil the device alongside the Z Fold 8 Ultra, Galaxy Z Flip 8, and new smartwatches at the July 22 Galaxy Unpacked event in London.

Mashable will be at Samsung’s London event, so check back on Wednesday for our live blog and the latest Galaxy Unpacked news.

#wide #Galaxy #Fold #revealed #BTS #member #JHope">The new, wide Galaxy Z Fold 8 revealed by BTS member J-Hope
                                                            Thanks to BTS member J-Hope, we now have our first look at Samsung’s Galaxy Z Fold 8 Wide in the wild, ahead of the July 22 Galaxy Unpacked event.According to a report from 9to5Google’s Ben Schoon, the singer was filmed using the device during soundcheck footage at a BTS World Tour stop in Paris, with the compiled clips circulating on X. The footage shows J-Hope holding and filming with the device from both front and back angles. The device in the video matches leaked renders of the new wide version of the Galaxy Z Fold 8, which is expected to go head-to-head with the iPhone Ultra Fold later this year.
    
        This Tweet is currently unavailable. It might be loading or has been removed.
    


The clips show a purple finish, though the phone isn’t shown unfolded, leaving its inner display still unseen. Samsung maintains a marketing partnership with BTS, and 9to5Google suggested the phone was likely supplied to J-Hope through that relationship rather than as an intentional early reveal.
        
            Mashable Light Speed
        
        
    

The device is widely expected to carry the Galaxy Z Fold 8 name, though as we’ve noted, the branding may cause confusion. This version reportedly isn’t a direct successor to last year’s Z Fold 7, with that role instead going to a separate Z Fold 8 Ultra.In our guide to Galaxy Z Fold 8 Wide leaks, the reported specs point to a 5.5-inch external display, 7.6-inch internal display, Snapdragon 8 Elite Gen 5 chipset, 12GB RAM, and a 4,800mAh battery, alongside a camera setup: 50MP wide, 50MP ultrawide, dual 10MP selfie. This marks a step down from the Z Fold 7’s 200MP main sensor.
Samsung is set to formally unveil the device alongside the Z Fold 8 Ultra, Galaxy Z Flip 8, and new smartwatches at the July 22 Galaxy Unpacked event in London.
        SEE ALSO:
        
            Samsung Galaxy Watch Ultra 2 leaks, see the sleek new wearable
            
        
    
Mashable will be at Samsung’s London event, so check back on Wednesday for our live blog and the latest Galaxy Unpacked news.

                    
                                            
                            
                        
                                    #wide #Galaxy #Fold #revealed #BTS #member #JHope

BTS member J-Hope, we now have our first look at Samsung’s Galaxy Z Fold 8 Wide in the wild, ahead of the July 22 Galaxy Unpacked event.

According to a report from 9to5Google’s Ben Schoon, the singer was filmed using the device during soundcheck footage at a BTS World Tour stop in Paris, with the compiled clips circulating on X. The footage shows J-Hope holding and filming with the device from both front and back angles. The device in the video matches leaked renders of the new wide version of the Galaxy Z Fold 8, which is expected to go head-to-head with the iPhone Ultra Fold later this year.

The clips show a purple finish, though the phone isn’t shown unfolded, leaving its inner display still unseen. Samsung maintains a marketing partnership with BTS, and 9to5Google suggested the phone was likely supplied to J-Hope through that relationship rather than as an intentional early reveal.

The device is widely expected to carry the Galaxy Z Fold 8 name, though as we’ve noted, the branding may cause confusion. This version reportedly isn’t a direct successor to last year’s Z Fold 7, with that role instead going to a separate Z Fold 8 Ultra.

In our guide to Galaxy Z Fold 8 Wide leaks, the reported specs point to a 5.5-inch external display, 7.6-inch internal display, Snapdragon 8 Elite Gen 5 chipset, 12GB RAM, and a 4,800mAh battery, alongside a camera setup: 50MP wide, 50MP ultrawide, dual 10MP selfie. This marks a step down from the Z Fold 7’s 200MP main sensor.

Samsung is set to formally unveil the device alongside the Z Fold 8 Ultra, Galaxy Z Flip 8, and new smartwatches at the July 22 Galaxy Unpacked event in London.

Mashable will be at Samsung’s London event, so check back on Wednesday for our live blog and the latest Galaxy Unpacked news.

#wide #Galaxy #Fold #revealed #BTS #member #JHope">The new, wide Galaxy Z Fold 8 revealed by BTS member J-Hope

Thanks to BTS member J-Hope, we now have our first look at Samsung’s Galaxy Z Fold 8 Wide in the wild, ahead of the July 22 Galaxy Unpacked event.

According to a report from 9to5Google’s Ben Schoon, the singer was filmed using the device during soundcheck footage at a BTS World Tour stop in Paris, with the compiled clips circulating on X. The footage shows J-Hope holding and filming with the device from both front and back angles. The device in the video matches leaked renders of the new wide version of the Galaxy Z Fold 8, which is expected to go head-to-head with the iPhone Ultra Fold later this year.

The clips show a purple finish, though the phone isn’t shown unfolded, leaving its inner display still unseen. Samsung maintains a marketing partnership with BTS, and 9to5Google suggested the phone was likely supplied to J-Hope through that relationship rather than as an intentional early reveal.

The device is widely expected to carry the Galaxy Z Fold 8 name, though as we’ve noted, the branding may cause confusion. This version reportedly isn’t a direct successor to last year’s Z Fold 7, with that role instead going to a separate Z Fold 8 Ultra.

In our guide to Galaxy Z Fold 8 Wide leaks, the reported specs point to a 5.5-inch external display, 7.6-inch internal display, Snapdragon 8 Elite Gen 5 chipset, 12GB RAM, and a 4,800mAh battery, alongside a camera setup: 50MP wide, 50MP ultrawide, dual 10MP selfie. This marks a step down from the Z Fold 7’s 200MP main sensor.

Samsung is set to formally unveil the device alongside the Z Fold 8 Ultra, Galaxy Z Flip 8, and new smartwatches at the July 22 Galaxy Unpacked event in London.

Mashable will be at Samsung’s London event, so check back on Wednesday for our live blog and the latest Galaxy Unpacked news.

#wide #Galaxy #Fold #revealed #BTS #member #JHope
AliExpress has been hit with a €550 million (about $629 million) fine for violating Europe’s Digital Services Act (DSA) rules by failing to prevent illegal, unsafe, or counterfeit products from being sold on the e-commerce platform. The European Commission ruled that AliExpress didn’t take effective measures to reduce the dissemination of illegal products, noting the company “allocated insufficient staff” to verify products, and failed to remove unsafe toys and dangerous cosmetics for “multiple weeks” after they were detected.

“The spread of counterfeit clothing, unsafe toys, dangerous cosmetics and other illegal and harmful products is not an unavoidable cost of shopping online — it is a failure by AliExpress to comply with its obligations under the Digital Services Act,” EU tech chief Henna Virkkunen said in the announcement. “Scale is not an excuse; risks must be identified and addressed systematically to ensure consumers can safely shop online.”

This is the highest penalty ever imposed under the bloc’s DSA rulebook, followed by rival Chinese retailer Temu, which was also fined more than $230 million for similar DSA infractions in May. AliExpress now has until October 20th 2026 to remedy the breach, or risk facing additional periodic fines.

#AliExpress #fined #million #illegal #product #salesLaw,News,Online Shopping,Policy,Politics,Regulation,Tech">AliExpress fined almost 0 million over illegal product salesAliExpress has been hit with a €550 million (about 9 million) fine for violating Europe’s Digital Services Act (DSA) rules by failing to prevent illegal, unsafe, or counterfeit products from being sold on the e-commerce platform. The European Commission ruled that AliExpress didn’t take effective measures to reduce the dissemination of illegal products, noting the company “allocated insufficient staff” to verify products, and failed to remove unsafe toys and dangerous cosmetics for “multiple weeks” after they were detected.“The spread of counterfeit clothing, unsafe toys, dangerous cosmetics and other illegal and harmful products is not an unavoidable cost of shopping online — it is a failure by AliExpress to comply with its obligations under the Digital Services Act,” EU tech chief Henna Virkkunen said in the announcement. “Scale is not an excuse; risks must be identified and addressed systematically to ensure consumers can safely shop online.”This is the highest penalty ever imposed under the bloc’s DSA rulebook, followed by rival Chinese retailer Temu, which was also fined more than 0 million for similar DSA infractions in May. AliExpress now has until October 20th 2026 to remedy the breach, or risk facing additional periodic fines.#AliExpress #fined #million #illegal #product #salesLaw,News,Online Shopping,Policy,Politics,Regulation,Tech

European Commission ruled that AliExpress didn’t take effective measures to reduce the dissemination of illegal products, noting the company “allocated insufficient staff” to verify products, and failed to remove unsafe toys and dangerous cosmetics for “multiple weeks” after they were detected.

“The spread of counterfeit clothing, unsafe toys, dangerous cosmetics and other illegal and harmful products is not an unavoidable cost of shopping online — it is a failure by AliExpress to comply with its obligations under the Digital Services Act,” EU tech chief Henna Virkkunen said in the announcement. “Scale is not an excuse; risks must be identified and addressed systematically to ensure consumers can safely shop online.”

This is the highest penalty ever imposed under the bloc’s DSA rulebook, followed by rival Chinese retailer Temu, which was also fined more than $230 million for similar DSA infractions in May. AliExpress now has until October 20th 2026 to remedy the breach, or risk facing additional periodic fines.

#AliExpress #fined #million #illegal #product #salesLaw,News,Online Shopping,Policy,Politics,Regulation,Tech">AliExpress fined almost $630 million over illegal product sales

AliExpress has been hit with a €550 million (about $629 million) fine for violating Europe’s Digital Services Act (DSA) rules by failing to prevent illegal, unsafe, or counterfeit products from being sold on the e-commerce platform. The European Commission ruled that AliExpress didn’t take effective measures to reduce the dissemination of illegal products, noting the company “allocated insufficient staff” to verify products, and failed to remove unsafe toys and dangerous cosmetics for “multiple weeks” after they were detected.

“The spread of counterfeit clothing, unsafe toys, dangerous cosmetics and other illegal and harmful products is not an unavoidable cost of shopping online — it is a failure by AliExpress to comply with its obligations under the Digital Services Act,” EU tech chief Henna Virkkunen said in the announcement. “Scale is not an excuse; risks must be identified and addressed systematically to ensure consumers can safely shop online.”

This is the highest penalty ever imposed under the bloc’s DSA rulebook, followed by rival Chinese retailer Temu, which was also fined more than $230 million for similar DSA infractions in May. AliExpress now has until October 20th 2026 to remedy the breach, or risk facing additional periodic fines.

#AliExpress #fined #million #illegal #product #salesLaw,News,Online Shopping,Policy,Politics,Regulation,Tech

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