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Microsoft Posts $7.6bn Gain From OpenAI Stake As AI Revenue And Spending Surge

Microsoft reported a $7.6bn increase in net income linked to its investment in OpenAI, underscoring how the AI lab’s rapid revenue growth is translating into significant financial gains for one…

Nuclear Startups Draw Over $1bn As US Safety Rules Shift On DOE Sites

Nuclear startups have raised more than $1bn in recent months, driven by rising electricity demand from data centres and aided by changes to federal oversight that reduce safety and security…

Zuckerberg Signals Sharp Increase In Meta AI Spending Despite Bubble Warnings

Meta chief executive Mark Zuckerberg has outlined plans to sharply increase spending on artificial intelligence projects in 2026, committing tens of billions of dollars to AI infrastructure even as senior…

EasyJet Told To Drop £5.99 Carry On Bag Claim After ASA Ruling

EasyJet has been instructed to stop advertising carry on baggage fees as available “from £5.99” after failing to show evidence that passengers can routinely bring a suitcase on board at…

Starbucks Lifts Cap On CEO’s Personal Jet Use After Security Review

Starbucks has removed a $250,000 annual cap on its chief executive’s personal use of the company jet after a security review concluded that expanded protection measures were needed because of…

Amazon To Close Amazon Go And Amazon Fresh Stores As It Shifts Focus To Delivery And Whole Foods

Amazon has announced it will shut down its Amazon Go and Amazon Fresh brick and mortar stores, choosing instead to expand same day grocery delivery and accelerate the growth of…

Google Expands AI Plus Plan To More Markets With $7.99 Monthly Price In The US

Google has expanded availability of its lower priced Google AI Plus subscription, making the plan accessible in all markets where its AI plans are offered, including the United States, as…

Amazon Agrees To $1 Billion Plus Settlement Over Alleged Return Refund Failures

Amazon has agreed to a settlement valued at more than $1bn to resolve claims that it failed to properly refund customers for returned items, with court documents showing hundreds of…

By Rotation Partners With Uber To Enable One Hour Fashion Rentals In The UK

By Rotation has announced a partnership with Uber that allows UK users to rent outfits from nearby lenders and receive deliveries within 60 minutes, as the peer to peer fashion…

TikTok Denies US Censorship Claims As Users Report Posting Glitches After Ownership Change

TikTok has rejected claims that its newly separated US operation is restricting what users can post, saying technical problems linked to infrastructure changes are behind widespread glitches reported by American…

Cisco Chief Warns Of AI Bubble As Winners And Failures Take Shape

Artificial intelligence will create clear winners but also lead to widespread failures, according to the head of Cisco Systems, who said the current surge in investment shows signs of a…

Pornhub To Restrict UK Access As Age Verification Rules Take Effect

Pornhub will restrict access to its website in the UK from next week, allowing only existing account holders to view content, as it responds to tougher age verification requirements introduced…

TikTok Settles Lawsuit Ahead Of Jury Selection In Social Media Addiction Trial

TikTok has reached a settlement to avoid taking part in a closely watched social media addiction trial, hours before jury selection was due to begin in California, while claims against…

UPS To Cut Up To 30,000 Jobs As Amazon Deliveries Are Further Reduced

UPS plans to cut up to 30,000 jobs in 2026 as it continues to scale back deliveries for Amazon, a move the parcel delivery company says is aimed at reducing…

YouTubers Expand AI Scraping Lawsuit To Snap Over Alleged Video Training

A group of YouTubers suing major tech companies over the alleged scraping of their videos to train AI models has added Snap as a new defendant. The plaintiffs, who collectively…

Trump Administration To Invest $1.6bn In US Rare Earths Firm To Curb China Reliance

The Trump administration will invest $1.6bn (£1.2bn) in a US critical minerals firm, marking its latest push to reduce China’s dominance in the rare earths sector. The agreement with USA…

TikTok Apologises After Major US Outage Triggers Widespread App Issues

TikTok’s new US owner has apologised to users after a major outage caused widespread disruption across the video-sharing app over the weekend. TikTok USDS Joint Venture LLC, which now oversees…

Google To Pay $68 Million To Settle Lawsuit Over Alleged Google Assistant Eavesdropping

Settlement Reached Over Alleged Secret Recordings Google has agreed to pay $68 million (£51 million) to settle a lawsuit alleging that it secretly listened to users’ private conversations through their…

Meta Plans Paid Subscriptions For Instagram, Facebook And WhatsApp

Meta is preparing to test premium subscription plans for users of Instagram, Facebook, and WhatsApp, as the company continues to explore paid services alongside its free social platforms. Subscription Trials…

Social Media Addiction Trial Begins In California With Top Tech Executives Set To Testify

A closely watched social media addiction trial begins Tuesday in California, marking the first time a U.S. jury will hear claims that platform design choices, rather than user content, caused…