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Amazon and Microsoft Announce $52.5bn in AI and Cloud Investments for India

Amazon and Microsoft have unveiled a combined $52.5bn (£39.4bn) investment plan for India, underscoring the country’s growing role as a global hub for AI development and cloud infrastructure. Amazon announced…

Adult Content Provider Begins Stricter Age Checks After £1m Fine Under Online Safety Act

An adult content company fined £1m by Ofcom for failing to meet age-verification requirements has begun introducing more robust checks on some of its websites, the regulator said, as scrutiny…

McDonald’s Netherlands Removes AI Christmas Advert After Public Backlash

McDonald’s Netherlands has taken down a 45-second Christmas advert created with generative AI following widespread criticism online, telling BBC News the incident served as “an important learning” as the company…

Oracle Shares Drop After Revenue Miss Raises Questions About AI Market Momentum

Oracle’s shares fell more than 10% in after-hours trading on Wednesday after the company reported quarterly revenue that came in below Wall Street expectations, adding pressure to concerns about whether…

Typhoon Rai Survivors File First UK Claim Alleging Shell’s Role in Storm Severity

Survivors of Typhoon Rai in the Philippines have filed a legal claim against Shell in the UK, seeking compensation for what they argue was the company’s contribution to the storm’s…

Hinge CEO Steps Down to Launch New AI Dating App

Hinge CEO Justin McLeod is stepping down from his role to launch a new AI dating product called Overtone. Match Group, the dating giant that owns apps like Hinge, Tinder,…

Ford and Renault Agree on Joint Plan for Budget Electric Vehicles in Europe

Ford and Renault Group have announced a partnership to develop two affordable Ford-branded electric vehicles for the European market, as Ford’s chief executive warned the company is in “a fight…

Frasers Group Acquires Swindon Designer Outlet

Frasers Group, the retail company owned by Sports Direct founder Mike Ashley, has bought Swindon’s Designer Outlet from LaSalle Investment Management, adding another major retail property to its growing UK…

EU Opens Probe Into Google’s AI Summaries and Use of Online Content

The European Commission has opened a formal investigation into Google’s use of artificial intelligence to generate summaries that appear above search results, focusing on whether the company used publishers’ and…

Ben & Jerry’s Co-Founder Warns Brand at Risk Under Magnum Ownership

Ben & Jerry’s co-founder Ben Cohen has said the ice cream brand could be “destroyed” if it remains under the ownership of the Magnum Ice Cream Company, as tensions escalate…

Starbucks Workers Across 10 Countries Stage Protests Backing US Barista Strikes

Starbucks workers and union members in 10 countries are holding coordinated protests on Wednesday in support of striking baristas in the United States, as labour tensions at the coffee chain…

US Approves Nvidia H200 Chip Exports to China Under Licensed Program

The US Department of Commerce has approved the export of Nvidia’s H200 artificial intelligence chips to China for vetted commercial customers, reversing earlier restrictions and allowing sales under a licensing…

Former Lucid Motors Chief Engineer Files Lawsuit Alleging Discrimination and Retaliation

Former Lucid Motors chief engineer Eric Bach has filed a federal lawsuit accusing the electric vehicle maker of wrongful termination, discrimination, and retaliation, alleging that a senior human resources executive…

Petco Data Breach Exposed Social Security Numbers and Driver’s Licenses

Petco has disclosed that a recent security lapse exposed sensitive customer information including Social Security numbers, driver’s license numbers, and financial data, according to filings made with multiple U.S. state…

IBM Agrees to Buy Confluent for $11bn to Expand Data and Automation Portfolio

IBM has agreed to acquire data infrastructure company Confluent for $11bn in cash, as the technology firm seeks to strengthen its data and automation capabilities amid rising demand from companies…

Paramount Launches $30-a-Share Bid to Challenge Netflix’s Warner Bros Takeover

Paramount Skydance has submitted a new bid to acquire Warner Bros Discovery, making a direct offer to shareholders to buy the entire company for $30 per share as it seeks…

Sarandos Met Trump Before Netflix Secured $82.7bn Warner Bros. Deal

Netflix co-chief executive Ted Sarandos met with President Donald Trump in November to discuss a potential acquisition of Warner Bros. ahead of Netflix’s $82.7bn bid for the studio’s film and…

Air Transat to Begin Flight Cancellations Ahead of Potential Pilot Strike

Air Transat will begin cancelling flights starting Monday as it prepares for a possible pilot strike on Wednesday, after the union representing its pilots issued a 72-hour strike notice while…

Trump Raises Market Power Concerns Over Netflix’s $72bn Warner Bros Deal

US President Donald Trump has raised concerns about Netflix’s planned $72bn acquisition of Warner Bros Discovery’s movie studio and HBO streaming networks, saying the combined size of the two companies…

Court Bars OpenAI From Using “io” Branding for AI Hardware Products

OpenAI has been barred by a U.S. court from using the “io” name in connection with its planned AI hardware products, after a ruling found the branding could be confused…