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

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

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

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

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?

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

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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ITV sells its broadcasting arm to Comcast’s Sky for up to £1.6bn

ITV has agreed to sell its media and entertainment division to Sky, the Comcast-owned broadcaster, in a deal worth up to £1.6bn that redraws the map of British television. The transaction hands Sky the ITV channels and the ITVX streaming service, and leaves the seller as a pure production business, a split that arrives as […]

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UK’s Cooper warns of an AI ‘Hiroshima’ and calls for global rules

Britain’s foreign secretary has a stark analogy for artificial intelligence. Do not wait for its Hiroshima moment before writing the rules. Yvette Cooper will warn that AI could become the “greatest security challenge of the next decade,” according to Bloomberg. She sets it out in an essay for the Chatham House think tank, published on […]

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Tesla brings its Robotaxi to Miami, and drops the safety monitor

Tesla’s driverless cabs have reached a fifth US city. This time, there is no human minder in the car at all. The company rolled out its Robotaxi service in part of Miami on Friday, it announced on X. A map in the post showed a small patch of West Miami, well away from the busy […]

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Midjourney turns the tables, demanding the studios suing it reveal their AI

The studios suing Midjourney say it trained AI on their characters without permission. Midjourney’s answer: prove you do not do exactly the same thing. The AI image generator wants a US federal judge to intervene. It has asked the court to force the studios suing it to reveal how they use AI internally, Variety reported. […]

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