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Stripe and Advent offer $60.50 a share for PayPal, valuing it above $53bn

Business, Digital Marketing, Fintech and ecommerce, SEO Tips, Technology /

Stripe and Advent International have offered $60.50 a share in cash for PayPal, a bid that values the payments company at more than $53bn and arrives backed by about $50bn in committed financing from banks, according to Reuters. The buyers would hold equal stakes in the business and, unusually for a proposal with a private […]

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Microsoft promised to be carbon negative. Its emissions just jumped 25%

Artificial Intelligence, Business, Digital Marketing, Microsoft, SEO Tips, Sustainability, Technology, United States /

Microsoft promised to be carbon negative by 2030. Its own report shows emissions up 25% in a year instead. The number is worse than it looks, and also more honest than it looks, and the reason for both is the same: AI data centres. Microsoft set one of the boldest climate targets in tech. By […]

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Meta is pushing brands onto its AI ad tools. The results are a mess

Artificial Intelligence, Business, Digital Marketing, Marketing and SEO, SEO Tips, social media, Technology /

Meta is pushing advertisers to hand their campaigns to its AI. A Business Insider investigation found the tools spitting out gibberish copy, mangled limbs and products that no longer look like the products. Meta’s reply, in effect: that’s your problem. Meta wants brands to let its AI build their ads. A Business Insider investigation shows […]

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

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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