News for May 1, 2025

Apple says Trump’s tariffs could add about $900m to its costs this quarter, even as it shifts more US-bound iPhone production to India and other devices to Vietnam.

Dominion Energy says data center demand in its northern Virginia market is still strong, even as some investors worry the boom could slow.

Microsoft is raising Xbox prices on consoles, controllers, and some headsets, saying higher market costs and tariffs are forcing the changes.

A Southwest Airlines flight was sent back to the gate in El Paso after a passenger’s cellphone battery appeared to catch fire, and the FAA said it will investigate.

Former TV meteorologist Bree Smith is fighting deepfake sextortion scams after doctored images of her were used to try to extort money, and she helped push a Tennessee bill aimed at giving victims legal recourse.

Tesla denied a report that it is looking for a new CEO, saying Elon Musk remains in charge even as the company faces weaker sales and profits.

A federal judge ruled that Apple broke an App Store reform order and said the case may be sent to federal prosecutors.

Army leaders are planning their own deep budget cuts and changes after Elon Musk and the White House pushed them to reduce waste and gain more control over what the Army buys.

Elon Musk says he is scaling back his near full-time role in the Department of Government Efficiency so he can focus more on running Tesla and his other businesses.