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Pasqal’s SPAC filings reveal a $2bn French quantum bet, and a French kill switch

Business, Deep tech, Digital Marketing, Europe, Government and policy, Investors and funding, SEO Tips, Technology /

France’s Pasqal is heading to Nasdaq at a $2bn valuation, roughly 100 times its revenue. Its own filings spell out two things. Quantum computing might never pay off. And Paris can veto who owns the company. Pasqal, the French quantum-computing firm, is going public in the United States. It is merging with a blank-cheque company, […]

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Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it

Business, Digital Marketing, Europe, Fintech and ecommerce, SEO Tips, Startups and technology, Technology, UK /

Moneybox is Europe’s newest unicorn, worth £800m, or $1.1bn. But no fundraise set that price. Staff did, by selling shares on London’s untested new private market. Moneybox, the British savings and investing app, is now a unicorn. It has put a value of about £800m, or $1.1bn, on itself, the Financial Times first reported. The […]

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The father of reinforcement learning is leaving Carmack to build his own AI

Artificial Intelligence, Business, Deep tech, Digital Marketing, SEO Tips, Startups and technology, Technology /

One of the most decorated minds in AI is striking out alone. Richard Sutton shared the 2024 Turing Award for founding modern reinforcement learning. On Monday he said he is leaving John Carmack’s startup Keen Technologies to start a new one, Oak Lab. He announced it plainly on X. He praised Carmack and Keen, then […]

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Huawei Digital Power now rivals Tesla’s energy division in revenue

Battery, Business, Digital Marketing, SEO Tips, Technology /

Ask most people what Huawei sells and you will get smartphones, or 5G, or a decade of geopolitical argument. Almost nobody says solar inverters. Yet Huawei Digital Power Technology, the division that makes them, along with battery storage systems and electric-vehicle charging kit, booked 68.7bn yuan of revenue in 2025, up 24.4% on the year […]

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Ericsson revenue falls 6% as component costs bite and licensing income dries up

Business, Digital Marketing, Finance, SEO Tips, Technology /

Ericsson booked SEK 52.7bn of revenue in the second quarter, down 6% from SEK 56.1bn a year earlier, as weaker patent licensing income and currency movements outweighed growth in a handful of regional markets. The Swedish equipment maker published the figures on Tuesday morning. Profit, however, went the other way. Adjusted operating profit came in at SEK […]

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Seoul court suspends the order making Coupang’s founder its controlling person

Business, China, Digital Marketing, SEO Tips, Technology /

Coupang has won the first round of its fight with South Korea’s competition regulator. The Seoul High Court on Tuesday suspended the Fair Trade Commission’s decision to name founder Bom Kim as the e-commerce group’s controlling figure, freezing the disclosure obligations that came with it while the underlying lawsuit is heard. The court’s Administrative Division 7 granted […]

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Thomson Reuters is cutting engineers and hiring AI-native ones

Artificial Intelligence, Business, Digital Marketing, Next Featured, SEO Tips, Technology /

The meeting was a technology all-hands, held on Monday, and the phrase the company used afterwards was “a small number of roles”. The number an employee who attended gave to Reuters was up to 500. Thomson Reuters, the Canadian content and technology group that owns Reuters News, is cutting engineering jobs globally as it pushes […]

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Nvidia builds a white list: more than half of its Asian customers are off it

Business, Digital Marketing, Next Featured, nvidia, SEO Tips, Technology /

Nvidia has more than halved the number of customers in Asia cleared to buy its artificial intelligence chips, according to the Financial Times, which cited three people with knowledge of the matter. The company has built a new white list of approved regional buyers and stepped up due diligence in Singapore, Malaysia, and Japan, the […]

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Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through

Business, Digital Marketing, Government and policy, Media, Next Featured, SEO Tips, Technology, United States /

A dozen states have sued to block Paramount Skydance’s takeover of Warner Bros. Discovery. The suit, led by California attorney general Rob Bonta, was filed in federal court in California’s Northern District, CNBC reports. The timing is pointed. The Justice Department approved the roughly $110bn deal last month without conditions or divestitures, after an eight-month review. […]

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Intel is putting 5 billion euros into Ireland, and Europe just got one of the few EUV fabs on the continent

Artificial Intelligence, Business, Deep tech, Digital Marketing, Europe, SEO Tips, Technology /

Intel is committing 5 billion euros, around $5.7bn, to expand its campus at Leixlip in Ireland. The money is aimed at data-centre processors for AI and high-performance computing, Bloomberg reports. It is a serious share of the company’s budget. The sum represents roughly 30% of Intel’s $17bn capital expenditure planned for 2026, with most of it […]

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