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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’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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Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI Read More »
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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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 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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Tencent weighs exit from Marvelous and other Japanese game bets Read More »
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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WiseTech shares fall as founder Richard White denies a trafficking claim Read More »
A San Francisco judge cleared a proposed class action to proceed, in a case described as the first to broadly target the algorithms behind AI screening software. A US federal judge has ruled that Workday must face claims its AI-powered hiring software screened out job applicants at other companies in ways that allegedly broke California […]
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Workday must face California lawsuit over AI hiring bias, judge rules Read More »
Masayoshi Son does not think the future of artificial intelligence is in orbit. The SoftBank Group founder told shareholders on 23 June 2026 that there is little merit in building data centres in space, the idea Elon Musk has been championing, and predicted the AI race would be won by compute kept firmly on the […]
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Masayoshi Son dismisses Musk’s space data centres as an AI-race bet Read More »
The chipmaker will supply high-bandwidth memory, DRAM, and SSDs for Claude’s data centres, run Anthropic’s models internally, and take a stake in its latest funding round. Micron Technology and Anthropic have signed a strategic agreement that ties the memory maker to the AI company across three fronts at once. A multi-year supply deal for the […]
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Micron and Anthropic sign a multi-year AI memory supply deal Read More »
IBM has signed up to OpenAI’s Daybreak Cyber Partner Program, a tie-up the company says will put frontier AI models to work inside corporate security operations. The partnership comes with a concrete first product: a new application-security service that uses the cyber capabilities of OpenAI’s models to find and confirm software vulnerabilities faster than conventional […]
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IBM joins OpenAI’s cyber program to bring frontier AI into enterprise security Read More »