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WiseTech co-founder Richard White steps down as chair, but keeps his board seat

Business, Digital Marketing, SEO Tips, Technology /

Richard White, the billionaire co-founder of WiseTech Global, has stepped down as executive chair of the Australian logistics-software company, effective immediately, capping a fortnight of intensifying scrutiny. He is not, however, leaving the building. White will stay on the ASX-listed group’s board as an executive director and keep his role as chief innovation officer, WiseTech said in a statement to the […]

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Synopsys pulls back from chip fab software to chase AI design margins

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

Synopsys, the US chip design software giant, is preparing to walk away from the manufacturing control software that helps run the world’s semiconductor fabs, and to redirect the engineers behind it towards the far more lucrative business of AI chip design. The plan, reported by Reuters and attributed to six people briefed on the matter, is a pointed […]

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Judge upholds the verdict that Musk defrauded Twitter investors

Business, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology, Twitter /

A federal judge has refused to overturn a jury’s finding that Elon Musk defrauded Twitter investors during his $44bn takeover of the platform in 2022. US District Judge Charles Breyer denied Musk’s motion to set aside the verdict in most respects on Monday. A San Francisco jury ruled in March that two of Musk’s May 2022 tweets about the […]

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Klarna applies for a US banking licence, its boldest American move yet

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

Klarna wants to be a real American bank. The Swedish BNPL giant has applied for a US banking licence, betting a friendlier Washington will let it crack a market that has bruised European rivals. Klarna has applied to US regulators to set up its own bank, tech.eu reports. The Swedish fintech filed with the Utah […]

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Microsoft guts Xbox: 3,200 jobs cut and five studios divested, two of them European

Artificial Intelligence, Business, Digital Marketing, Europe, Gaming, Microsoft, SEO Tips, Technology /

Microsoft told its Xbox staff the truth in blunt terms: the business “is not healthy.” The fix? 3,200 job cuts, five studios out the door, two of them European. Xbox chief executive Asha Sharma laid it out in an official memo on Monday. She called it the most significant restructure in the division’s history. Xbox […]

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Broadcom extends its Apple chip work through 2031 in a fresh custom-silicon deal

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

Broadcom has extended its long-running relationship with Apple through 2031, signing new multi-year agreements to design and supply a range of custom chips for the iPhone maker. The deal deepens one of the most important supplier relationships in consumer electronics, and it sent Broadcom’s shares up around 4% as investors read it as a guarantee […]

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Uber quietly pauses 5 of 7 European food-delivery launches as it chases Delivery Hero

Apps, Business, Digital Marketing, Europe, Fintech and ecommerce, Merge and Acquisition, SEO Tips, Technology /

Five months ago, Uber promised to storm five new European countries with its food-delivery app. It just quietly hit the brakes, and the reason looks a lot like a €10bn takeover. Uber has paused five of its seven planned 2026 European launches, the Financial Times reported. Uber announced the push in February, targeting Austria, Norway, […]

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Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise

Artificial Intelligence, Business, Digital Marketing, Plugged, privacy, SEO Tips, Startups and technology, Technology /

Meta has sold millions of camera-equipped smart glasses, and landed in a privacy storm for it. A Shenzhen startup is betting $1bn that the smarter move is to leave the camera off. Even Realities has raised $150m at a $1 billion valuation, TechCrunch reported. Chinese giants Meituan and Tencent led the round. It makes the […]

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Can Partiful keep the party going?

Business, Creators, Culture, Digital Marketing, Entertainment, Internet Culture, SEO Tips, Technology /
One hundred dollars will buy you 8 pounds of glitter; 10 Domino’s pizzas; 406 miniature disco balls from Temu; or 100 cans of Coors Light. For a friend’s birthday party one year, Ayla D’Silva spent $100 on sour candy and made a “sour candy salad.” Even sweeter was that she didn’t have to foot the […]

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Thought Machine crosses $100M revenue and delays its London IPO to 2028

Business, Digital Marketing, Europe, Fintech and ecommerce, Investors and funding, SEO Tips, Technology, UK /

Most tech founders chase a bigger valuation. Thought Machine’s boss would rather talk about revenue, and he has just crossed a milestone worth boasting about. The London core-banking company has passed $100m in annual revenue for the first time, tech.eu reported. It also took a fresh £30m ($41m) from a “tier 1” bank, and pushed […]

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