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Bob Iger’s Disney wanted Apple, Twitter, and 007

Bob Iger’s tenure as CEO of Disney came to an end a few months ago, after two decades of leading the entertainment giant through some of its most pivotal transformations and acquisitions. Iger, in an exit interview with The Financial Times, has now confirmed some significant efforts that didn’t pan out, such as walking away […]

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YouTube settles ahead of California’s second social-media addiction trial

A month before a Los Angeles jury was due to hear a Florida teenager’s case, Google quietly stepped out of it, leaving Meta, Snap and TikTok to argue the rest. Google’s YouTube has settled with a teenage plaintiff weeks before he was due to face the company in court, removing itself from the second bellwether […]

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Agility Robotics is reportedly going public via a $2.5B SPAC deal

Agility Robotics, the Oregon startup behind the bipedal Digit robot, is in talks to go public through a merger with a special-purpose acquisition company in a deal valuing it at about $2.5bn, according to Wall Street Journal.  The terms have not been confirmed, the SPAC partner has not been named, and the company has not […]

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Blackstone plans $30B for Japan AI data centres, and is unbothered by bubble talk

Blackstone plans to invest roughly $30 billion in artificial-intelligence data centres in Japan over the next three to five years, the firm’s president and chief operating officer, Jonathan Gray, told Nikkei in an interview published on Monday. The world’s largest alternative asset manager is in discussions to develop facilities with a combined capacity exceeding one gigawatt, […]

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The Brexit bill comes due: ten years, seven prime ministers, and an economy 6% smaller than it should be

Ten years ago today, 52% of the British electorate voted to leave the European Union. The decade that followed delivered seven prime ministers, a permanently weakened currency, and an economy that a landmark study now estimates is between 6% and 8% smaller than it would have been had the country voted to remain. On Monday, […]

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Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce.” It […]

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Europe’s biggest tech CEOs have formed a standing lobby group with a direct line to von der Leyen

Seven of Europe’s largest technology companies have created a permanent dialogue with European Commission President Ursula von der Leyen, pressing the bloc to deregulate faster and let European firms consolidate. The group, which calls itself the European Tech Creators, collectively generates €417 billion in annual revenue, represents nearly €1.1 trillion in market capitalisation, and employs close […]

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The cybersecurity industry built a $200B business selling you problems. Nobody got paid to fix them.

Cybersecurity has never been better at finding risk. Organizations can identify vulnerable servers, dormant user accounts, excessive privileges, exposed cloud assets, and software flaws in near real time. The market has rewarded that capability handsomely, with global cybersecurity spending projected to exceed the half-trillion-dollar range as enterprises continue investing in tools that promise greater visibility […]

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Tencent weighs exit from Marvelous and other Japanese game bets

Tencent Holdings is in talks to walk away from several of the minority stakes it holds in Japanese game studios, among them the Tokyo-listed developer Marvelous Inc., as the company reassesses a global games portfolio it spent years assembling. The discussions, first reported by Bloomberg, would unwind part of a buying spree that ran through the […]

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WiseTech shares fall as founder Richard White denies a trafficking claim

Reports of an Australian police inquiry into a visa-for-sex allegation knocked billions off the logistics software firm, four months after White returned to its leadership. Richard White, the billionaire founder and executive chairman of the Australian logistics software company WiseTech Global, has denied any involvement in human trafficking after reports that police are investigating a […]

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