Business

Sony Interactive Entertainment will stop producing physical discs for all new PlayStation games from January 2028. Games released after the cutoff will be sold digitally through the PlayStation Store and…

Vint Cerf, one of the computer scientists who helped develop the foundations of the internet, will retire from Google next week. The 83-year-old has served as the company’s vice president…

Chinese property tycoon and political activist Guo Wengui has been sentenced to 30 years in a U.S. federal prison for defrauding thousands of his online followers. A New York jury…

British American Tobacco will cut about 5,500 jobs and transfer another 3,500 roles to external partners by the end of 2026. The changes will affect nearly one-fifth of its global…

Jio Platforms and the National Stock Exchange of India are preparing for initial public offerings that could rank among the country’s largest listings. Both companies filed draft prospectuses with India’s…

TG Jones has secured High Court approval for a restructuring plan that could close up to 150 stores and impose substantial rent reductions across much of its remaining estate. The…

The Australian Competition and Consumer Commission has sued Amazon over claims that it used unfair contract terms to introduce advertising to Prime Video. The regulator alleges that more than one…

Tesla has begun testing a production version of its two-seat Cybercab on public roads in Austin, Texas. The vehicle has no steering wheel or pedals, although a safety monitor was…

Blue Origin still plans to launch its New Glenn rocket before the end of 2026, even though investigators have not determined what caused the vehicle to explode during a ground…

X has launched a hosted Model Context Protocol server that allows AI assistants such as Claude, Cursor and Grok Build to connect directly to the social platform. The service uses…

Riverside has added built-in newsletter publishing, allowing users to turn recorded videos and podcasts into written newsletters with AI. Creators and businesses can generate, edit and send newsletters without leaving…

Amazon Web Services is committing an initial $1 billion to a new organization that will place AI engineers directly inside customer teams. The Forward Deployed Engineering group will help companies…

Waymo robotaxis are no longer available through Uber in Phoenix, ending the companies’ nearly three-year deployment in the city. The vehicles assigned to the program have returned to Waymo’s Phoenix…

California has entered into an agreement with Anthropic that gives state agencies, cities and counties access to Claude at a 50% discount. The arrangement also includes free workforce training, technical…

Samsung Electronics and SK Hynix plan to invest about 800 trillion won, or $518 billion, to build four memory chip fabrication plants in southwestern South Korea. The projects form part…

Arena has reached $100 million in annualized run-rate revenue eight months after launching its commercial AI evaluation service. The company grew from a UC Berkeley research project into a business…

TIDAL will stop fully AI-generated music from earning royalties or generating direct-to-fan sales under a new policy taking effect on July 15, 2026. The streaming service will also label wholly…

Rocket Lab has agreed to acquire satellite communications operator Iridium for approximately $8 billion, expanding the launch provider into satellite network operations and communications services. The proposed cash-and-stock transaction values…

Proception has raised $11 million in seed funding and started shipping its first ProHand robotic hands to researchers and robotics companies. The funding follows the startup’s settlement of a trade…

Pocket has raised $11 million to expand its credit card-sized AI recorder, which captures in-person conversations and converts them into transcripts, summaries and action items. Accel led the funding, with…