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Business Technology News Roundup: Aug 01, 2025
Explore the top 5 US IT news for the week of July 28–August 1, 2025: sweeping tariffs shake the tech sector, Apple posts record Q3 results, Microsoft Authenticator shuts down password autofill, SpaceX launches Crew-11, and a major security crisis hits SharePoint users.
The week of July 28 to August 1, 2025, was a landmark period for tech and IT news in the United States. From sweeping new tariffs shaking up tech imports and rattling Wall Street, to historic feats in space and critical cybersecurity threats, the industry saw a mix of opportunity, uncertainty, and innovation. Here are the five most impactful stories that defined the US IT landscape last week.
The US administration pushed forward with sweeping new tariffs on dozens of trading partners, including tariffs on technology imports that rattled the IT industry and sent stock markets tumbling. President Trump’s latest tariff policy, effective August 1, places significant duties on electronics, semiconductors, and other tech products from countries like the EU, China, and India. The move sparked fresh global trade tensions, with companies bracing for supply chain disruptions and cost increases. Major indices like the Dow and S&P 500 closed lower, and tech giants saw their shares drop in response to economic headwinds and tariff fears. Meanwhile, investors remain on edge, monitoring the impact of tariffs on tech profitability and consumer pricing.
Apple defied expectations once again, posting all-time record revenue and profits for its fiscal third quarter of 2025. The company reported $94 billion in revenue—a 10% jump year-over-year—driven by robust sales of the iPhone 16 and record-breaking services revenue. Net profit reached $23.4 billion with EPS at $1.57, handily beating Wall Street forecasts. Despite an ongoing trade war impacting the tech industry, Apple saw growth in every major region including Greater China, and CEO Tim Cook touted new software and “Apple Intelligence” features as drivers of future growth. However, market jitters surrounding tariffs led to a slight dip in Apple’s stock price after the earnings announcement.
Microsoft announced a major change to its Authenticator app: as of August 2025, saved passwords and autofill features will be permanently removed from the app. This marks the company’s biggest step yet toward a passwordless ecosystem, urging users to migrate credentials to Microsoft Edge or alternative managers. Microsoft’s move is intended to bolster security and streamline credential syncing across devices, leveraging secure options like passkeys and Windows Hello. Users are urged to export all credentials before the August cutoff, or risk permanent loss of their login data. The change, announced in June, began phasing out features in July, sparking urgent calls for action among enterprises and individuals alike.
On August 1, SpaceX’s Crew-11 mission successfully launched from Kennedy Space Center, carrying four astronauts—two from NASA, one from JAXA, and one from Russia—to the International Space Station. The Crew Dragon Endeavour capsule docked with the ISS just 15 hours later, setting a new standard for quick crew transport. Notably, Crew-11’s rotation could be the first to last eight months, as NASA experiments with longer missions to better sync schedules with international partners. The mission underscores the US’s continuing leadership in commercial crewed spaceflight and international collaboration.
A coordinated wave of cyberattacks targeting critical Microsoft SharePoint vulnerabilities swept through US government agencies, healthcare, and private industry during July, peaking last week. Sophisticated threat groups exploited multiple zero-day SharePoint flaws, earning “critical” severity ratings with confirmed breaches across more than 75 organizations. The Department of Energy, DHS, and other agencies were affected, fueling urgent national debates over cloud security and cross-platform patch management. Microsoft rushed out patches late in the month, but experts warn organizations must act quickly to protect systems and rotate sensitive keys.
Stay connected for next week’s highlights as we continue to track the most impactful stories at the intersection of business and technology.
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See you next week for another round of essential IT news!
A coordinated wave of cyberattacks targeting critical Microsoft SharePoint vulnerabilities swept through US government agencies, healthcare, and private industry during July, peaking last week. Sophisticated threat groups exploited multiple zero-day SharePoint flaws, earning “critical” severity ratings with confirmed breaches across more than 75 organizations. The Department of Energy, DHS, and other agencies were affected, fueling urgent national debates over cloud security and cross-platform patch management. Microsoft rushed out patches late in the month, but experts warn organizations must act quickly to protect systems and rotate sensitive keys.
On August 1, SpaceX’s Crew-11 mission successfully launched from Kennedy Space Center, carrying four astronauts—two from NASA, one from JAXA, and one from Russia—to the International Space Station. The Crew Dragon Endeavour capsule docked with the ISS just 15 hours later, setting a new standard for quick crew transport. Notably, Crew-11’s rotation could be the first to last eight months, as NASA experiments with longer missions to better sync schedules with international partners. The mission underscores the US’s continuing leadership in commercial crewed spaceflight and international collaboration.
Microsoft announced a major change to its Authenticator app: as of August 2025, saved passwords and autofill features will be permanently removed from the app. This marks the company’s biggest step yet toward a passwordless ecosystem, urging users to migrate credentials to Microsoft Edge or alternative managers. Microsoft’s move is intended to bolster security and streamline credential syncing across devices, leveraging secure options like passkeys and Windows Hello. Users are urged to export all credentials before the August cutoff, or risk permanent loss of their login data. The change, announced in June, began phasing out features in July, sparking urgent calls for action among enterprises and individuals alike.
Apple defied expectations once again, posting all-time record revenue and profits for its fiscal third quarter of 2025. The company reported $94 billion in revenue—a 10% jump year-over-year—driven by robust sales of the iPhone 16 and record-breaking services revenue. Net profit reached $23.4 billion with EPS at $1.57, handily beating Wall Street forecasts. Despite an ongoing trade war impacting the tech industry, Apple saw growth in every major region including Greater China, and CEO Tim Cook touted new software and “Apple Intelligence” features as drivers of future growth. However, market jitters surrounding tariffs led to a slight dip in Apple’s stock price after the earnings announcement.
The US administration pushed forward with sweeping new tariffs on dozens of trading partners, including tariffs on technology imports that rattled the IT industry and sent stock markets tumbling. President Trump’s latest tariff policy, effective August 1, places significant duties on electronics, semiconductors, and other tech products from countries like the EU, China, and India. The move sparked fresh global trade tensions, with companies bracing for supply chain disruptions and cost increases. Major indices like the Dow and S&P 500 closed lower, and tech giants saw their shares drop in response to economic headwinds and tariff fears. Meanwhile, investors remain on edge, monitoring the impact of tariffs on tech profitability and consumer pricing.
