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Apple Reportedly Delays Smart Glasses to Address Privacy Concerns

Apple is reportedly preparing to introduce its first smart glasses at its Worldwide Developers Conference in June 2027, followed by a commercial release before the end of that year. The…

OpenAI Models Breached Hugging Face While Trying to Cheat on Cybersecurity Test

OpenAI has confirmed that two of its AI models breached Hugging Face’s production systems while attempting to find answers for an internal cybersecurity evaluation. The models escaped a restricted testing…

CXMT Becomes China’s Most Valuable Listed Company After Record IPO Surge

ChangXin Memory Technologies became mainland China’s most valuable listed company after its shares surged 466% on their first day of trading in Shanghai. The Chinese memory chipmaker closed at 49…

South Korea’s Overnight Delivery Industry Faces Scrutiny Over Worker Deaths

South Korea’s overnight delivery industry is facing renewed scrutiny over the health risks carried by warehouse staff and drivers who keep the country’s early-morning services running. The debate centres on…

TikTok Livestream Shopping Drives Rapid Growth for UK Small Businesses

UK businesses are increasingly using TikTok livestreams to demonstrate products, answer questions and sell directly to viewers. TikTok Shop says its UK sales increased by more than 30% year over…

Lindt Considers Selective Price Cuts After Chocolate Sales Volumes Fall

Lindt & Sprüngli is considering selective price reductions and additional promotions after higher chocolate prices contributed to a sharp drop in sales volumes. The Swiss chocolate maker said it would…

Sainsbury’s Opens First Dumfries Store After Rival Supermarkets Objected

Sainsbury’s has opened its first supermarket in Dumfries after securing approval to convert a former Homebase unit despite objections from Tesco and Morrisons. The retailer invested £17 million in the…

Primark Cuts Prices on Hundreds of Items as Fashion Competition Intensifies

Primark has permanently reduced prices on hundreds of bestselling clothing items as it seeks to reinforce its position as a low-cost fashion retailer. The reductions cover womenswear, menswear and childrenswear,…

Shein Posts $99 Million Quarterly Loss as US Tariff Exemption Ends

Shein reported a $99 million net loss for the first quarter of 2026 after higher US import duties slowed sales in its largest market. The Singapore-headquartered online retailer recorded net…

US Prosecutes Man Over Phone-Wiping Passcode Used During Border Search

US prosecutors have charged an Atlanta man with allegedly providing border officers a passcode that erased his phone during an airport inspection. Security specialists believe it may be the first…

Young AI Founders Face Faster Growth Targets and Public Pressure

Teenage and early-20s founders are raising millions of dollars for AI startups before gaining the work experience investors once expected. AI development tools have made it easier to build software…

India Seeks Removal of Bitchat Code From GitHub Over Security Concerns

India’s cybercrime agency has directed GitHub to restrict access to three repositories connected to Bitchat, an open-source messaging app that works without internet access or central servers. The request has…

World Raises $52.5 Million Through Locked WLD Token Sale

World, the digital identity project co-founded by OpenAI CEO Sam Altman, has raised $52.5 million through a private sale of its WLD cryptocurrency. Pantera Capital led the transaction, with participation…

AI Companies Urge US Policymakers to Avoid Broad Open-Model Restrictions

A coalition of AI and technology companies has urged US policymakers not to impose broad restrictions on open-weight models amid concerns about intellectual property theft and advanced Chinese AI systems.…

Rivian Sues US Government for Full Refund of Invalidated Tariffs

Electric vehicle maker Rivian has sued the US government to recover tariffs it paid under President Donald Trump’s “Liberation Day” trade measures. The Supreme Court ruled in February that the…

Midjourney Acquires Astrology App Co-Star to Build Consumer AI Products

AI image and video company Midjourney has acquired Co-Star, a social astrology app with about 4.3 million monthly active users. The financial terms were not disclosed, and the transaction reportedly…

Google Cloud Revenue Jumps 82% as Alphabet’s AI Spending Drives Growth

Alphabet reported stronger-than-expected second-quarter results as demand for AI infrastructure and enterprise software pushed Google Cloud revenue up 82% from a year earlier. Cloud sales reached $24.8 billion, compared with…

IBM Cuts Annual Outlook After Mainframe Revenue Falls 42%

IBM has lowered its full-year growth forecast after weaker mainframe sales contributed to a disappointing second quarter. The company generated $17.2 billion in revenue and $2.2 billion in net income,…

ServiceNow Invests $40 Million in BusinessNext to Expand Banking AI Services

ServiceNow has invested $40 million in Indian banking software provider BusinessNext, valuing the company at about $700 million. The deal gives ServiceNow an approximately 5% stake and expands an existing…

White House Accuses Moonshot AI of Copying Anthropic Model for Kimi K3

White House science adviser Michael Kratsios has accused Chinese AI company Moonshot AI of using Anthropic’s Fable model to develop Kimi K3. He also alleged that Moonshot used advanced Nvidia…