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AMD’s chief says demand is outrunning supply, and that AI should police itself

AMD’s Lisa Su said chip demand is running ahead of supply and will stay very high for years, and urged the AI industry to work together as an ecosystem on safety rather than naming any regulator. The European Commission has been able to inspect models, restrict market access and fine providers 3% of global turnover […]

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Hark debuts an AI agent a year before its first devices

Brett Adcock’s Hark has released Hark Pro, an agent that buys groceries, books cars, pays bills and refills a child’s lunch card, free with $20 and $100 monthly tiers, a year before the company’s first devices arrive. Meta launched an agent doing the same things at the same three prices four weeks ago. Hark has […]

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Lucid production falls 38% as the EV maker clears inventory

Lucid built 2,954 vehicles in the third quarter, its lowest quarterly output since early 2025 and a 38% fall from the second quarter, while delivering 3,806 as it cleared inventory. The company has outstanding commitments for 25,000 driverless cars with Bolt in Europe and 20,000 with Uber. Lucid built 2,954 cars in three months. Its […]

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Google accused of overcharging 20 million UK consumers over Play Store fees

Google is defending a £1.2B claim at London’s Competition Appeal Tribunal brought for about 20 million British consumers who say Play Store commissions of up to 30% were passed into the prices they paid since October 2015. It settled an equivalent claim from UK app developers for £260M six weeks ago without admitting wrongdoing. Google […]

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Revolut’s commercial real estate lending chief exits

Duncan Batty, hired from M&G Investments in January 2025 to build Revolut’s commercial real estate lending business, has left the company, with his departure appearing in Companies House filings and confirmed by a spokesperson. Neither a reason nor a successor has been given, and it comes as Revolut expands across banking, wealth and payments ahead […]

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Investor urges Snap to raise outside capital for Specs

Blue Duck Capital Partners has written to Snap’s board urging it to sell about a fifth of its Specs subsidiary at a $5B valuation, raising $1B to fund roughly two years of spending without diluting Snap shareholders. It is the second fund to press Snap over Specs, and the glasses ship this autumn into three […]

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ASML’s chip packaging move threatens Besi shares, Bank of America says

Bank of America cut BE Semiconductor Industries to neutral and nearly halved its price target, saying the share price does not reflect the threat of ASML entering hybrid bonding, the market Besi depends on for growth. Besi has also been approached by two American rivals, one of which has owned 9% of it since last […]

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BT takes over TalkTalk and its 2.5 million customers out of administration

BT Group has acquired TalkTalk’s consumer and wholesale businesses out of administration. They have 1.5 million retail customers and 1 million wholesale customers. BT announced the deal on Monday. It said a prolonged sale process for those operations had been unsuccessful. BT bought TalkTalk Telecommunications Limited and PlatformX Communications Limited, the wholesale business, on a […]

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Paramount and Warner Bros. Discovery complete $110 billion media megamerger

Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, forming a combined company known as Skydance. The merger officially puts Paramount and WBD’s film studios, along with major networks and brands like HBO, CBS News, and CNN, under one roof. The road to the media megamerger has been a rocky one for Paramount, […]

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