IDC Forecasts 12.9 Percent Drop In Smartphone Shipments Amid Global RAM Shortage
A surge in demand for computers and data centers to support artificial intelligence is driving a shortage of RAM that IDC says will push global smartphone shipments down 12.9 percent…
Walmart To Pay $100 Million To Settle Claims Over Misleading Spark Driver Pay And Tips
Walmart has agreed to pay $100m to resolve claims that it misled delivery drivers about expected earnings and tips on its Spark Driver platform, with $79m set aside for payouts…
Anthropic Says It Will Resist Pentagon Demands Over AI Use In Surveillance And Weapons
Anthropic has said it will not agree to US Department of Defense demands that would allow its artificial intelligence tools to be used for any lawful purpose, stating it would…
Block To Cut Nearly Half Its Workforce As Jack Dorsey Cites AI Shift
Block will reduce its workforce from about 10,000 employees to fewer than 6,000 as artificial intelligence changes how companies are built and operated, according to a letter to shareholders from…
Meta Investigates AI Generated Instagram Accounts That Sexualise Disabled People
Meta is investigating a wave of AI generated Instagram accounts that depict disabled women in sexualised ways, after the BBC identified dozens of profiles featuring fabricated images of women with…
Burger King Tests AI Headsets That Track Staff Friendliness And Store Operations
Burger King is piloting artificial intelligence powered headsets in 500 US restaurants that monitor employee interactions with customers, assign friendliness scores, and assist with store operations. The system, known as…
Netflix Withdraws From Warner Bros Bid As Paramount Skydance Emerges As Preferred Buyer
Netflix has stepped back from its proposal to acquire Warner Bros Discovery, after the studio’s board said Paramount Skydance’s latest offer was superior, clearing the path for a deal that…
Kalshi Names First Two Users Disciplined For Insider Trading Violations
Prediction market operator Kalshi said it has taken disciplinary action against two users for insider trading violations, marking the first cases it has publicly identified as part of a broader…
Bill Gates Addresses Epstein Links In Staff Meeting And Apologises For Past Decisions
Bill Gates told staff at his charitable foundation that he took responsibility for his actions and addressed questions about his past relationship with Jeffrey Epstein, according to statements from the…
Nvidia Reports $215.9 Billion In Annual Revenue As AI Spending Draws Investor Scrutiny
Nvidia has reported record annual revenue of $215.9 billion, beating forecasts and posting a 73% jump in sales for the final quarter of its financial year, even as investors question…
Twitch Reworks Suspensions With Separate Penalties For Streaming And Chat
Twitch is changing how it penalizes rule breaking by replacing its all or nothing suspension system with two targeted options that separate streaming restrictions from chat restrictions. The company said…
Stripe Considers Potential PayPal Acquisition As It Sets $159 Billion Valuation In Tender Offer
Stripe is exploring a possible deal to buy some or all of PayPal Holdings, according to sources cited by Bloomberg, although the discussions are at a very early stage and…
Apple Introduces New Age Assurance Tools And Blocks 18 Plus App Downloads In Several Countries
Apple is rolling out new tools and restrictions to meet age verification laws in multiple regions, including blocking downloads of apps rated 18+ in Brazil, Australia, and Singapore and expanding…
Wayve Raises Up To $1.5 Billion As Automakers And Tech Firms Back Its Self Driving Software
Wayve has secured a $1.2 billion funding round that could rise to $1.5 billion with an additional $300 million from Uber tied to robotaxi deployments starting in London, bringing in…
MatX Raises $500 Million Series B To Fund Chip Production And 2027 Shipments
MatX has raised a $500 million Series B to support production of its custom processors and move toward commercial shipments in 2027, with Jane Street and Situational Awareness leading the…
UK Regulator Fines Reddit £14.47m Over Use Of Children’s Personal Data
Reddit has been fined £14.47 million by the UK’s Information Commissioner’s Office after the regulator said the platform unlawfully processed children’s personal information and failed to properly verify the age…
