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GameStop’s Ryan Cohen gives up a pay package worth up to $35bn to chase eBay

Ryan Cohen has asked GameStop’s board to remove the performance-based stock award it proposed for him in January scrapping a package that analysts had valued at as much as $35bn if every milestone were hit. Cohen, who is both chairman and chief executive and draws no salary, said he wanted the company’s leadership focused on […]

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SoftBank’s Son says calling AI a bubble is ‘an insult’

At SoftBank Group’s annual shareholders’ meeting in Tokyo on Wednesday, the founder and chief executive was asked, as he is asked at almost every public appearance now, whether the artificial intelligence boom that has driven his fortune to record highs is a bubble waiting to deflate. He treated the question itself as the problem. To […]

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The algorithm has a nose now, and perfume is better for it

In a former shop on Ginnekenstraat, a pedestrian street in the Dutch city of Breda, you can answer a short questionnaire about yourself and walk out less than an hour later holding a perfume that did not exist when you arrived. The questions are not the ones a sales assistant asks. What colour best represents […]

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Google taps its alumni network for a new AI startup incubator

Google is building an AI startup incubator that draws on its network of former employees, the so-called “Xooglers”, according to Bloomberg. The pitch is neat in its logic: as some of the company’s most capable people leave to start their own AI ventures, an incubator built around alumni keeps Google close to them, and close […]

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WiseTech shares fall as founder Richard White denies a trafficking claim

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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Prosus launches ToqanClaw, an OpenClaw-style tool builder for its 5m merchants

The Amsterdam-listed group is putting conversational app-building in front of restaurants and shopkeepers, the users it says AI has so far left behind. Prosus has launched ToqanClaw, a platform that lets people build apps, dashboards, and automations by describing what they want in plain language, the way they would explain a task to a colleague. […]

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Masayoshi Son dismisses Musk’s space data centres as an AI-race bet

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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Tata Electronics breach claims to expose Apple and Tesla trade secrets

A ransomware group says it lifted more than 630 gigabytes from the Indian manufacturer, including purported design files belonging to two of its biggest customers. The authenticity of those files is unconfirmed. India’s Tata Electronics has confirmed that it detected a cybersecurity incident on some of its systems a few weeks ago, after a ransomware […]

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Five Eyes alliance warns frontier AI cyber threats are ‘months’ away

The Five Eyes intelligence alliance has issued a joint warning that the next generation of artificial intelligence is poised to supercharge offensive hacking, and that the window to prepare for it is closing fast. In a coordinated statement, the agencies of the United States, the United Kingdom, Canada, Australia, and New Zealand said urgent action […]

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IBM joins OpenAI’s cyber program to bring frontier AI into enterprise security

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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