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Hackers hijacked Instagram accounts over the weekend by tricking Meta’s own AI-powered support chatbot into granting them access. The attack required no access to the victim’s email, no phishing link, and no malware. The hacker simply asked the chatbot to add a new email address to someone else’s account. A video posted on X showed […]
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Anthropic has confidentially submitted draft registration paperwork for an initial public offering with the Securities and Exchange Commission, the company announced in a blog post on Monday. The number of shares to be offered and the price have not been set. The filing positions Anthropic to potentially reach the public market as soon as this fall, […]
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Salesforce has signed a definitive agreement to acquire Contentful, the API-first headless content management platform used by more than 4,800 enterprises to deliver digital experiences across web, mobile, and emerging channels. The deal, announced on Sunday, does not disclose financial terms. Contentful was last valued at more than $3 billion in a 2021 Series F round […]
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LG Electronics shares have quadrupled this year. The stock hit its 30% daily limit for a second consecutive session on Monday after reports that LG Group Chair Koo Kwang-mo will meet Nvidia CEO Jensen Huang on 5 June. The meeting will focus on expanding cooperation in physical AI. The rally began last week when LG […]
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If you have been meaning to register for the TNW, Oneflow & Flexas Gathering Amsterdam and have not got round to it, this is the moment. The event takes place on Wednesday 3 June at De Weesper on Weesperstraat, and the guest list is nearly full. Tickets remain free, but only for as long as there […]
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Two days to go: TNW’s Amsterdam gathering on what it takes to win in AI-native SaaS Read More »
Internal documents show the Model Capability Initiative captures emails and chats US employees exchange with European colleagues, putting the AI-agent training programme on a collision course with GDPR. Meta’s Model Capability Initiative, the surveillance programme it deployed across US employee workstations in April to capture keystrokes, mouse clicks and screen contents for AI-agent training, is […]
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European tech has a confidence problem that has little to do with its results. The companies are there, the exits are there, and yet the dominant story has long been one of catching up to Silicon Valley. Balderton Capital wants to change the register. On Monday it launched “Built in Europe,” a campaign backed by […]
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Revolut, Mistral and Wayve founders back Balderton’s ‘Built in Europe’ push Read More »
A top-level Communist Party publication has signaled a shift in how Beijing intends to govern its largest internet platforms. A draft commentary set to appear in the Qiushi journal on Monday says the focus will be on balancing support for growth with enhanced regulatory oversight. The message is directed at companies including Alibaba, Meituan, and […]
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China just told its tech giants to stop fighting on price and start investing in AI Read More »
When Apple launched the Apple Watch in 2015, the mid-tier wristwatch market had a handful of dominant companies. Swatch Group sold watches under Tissot, Hamilton, and Longines. Fossil Group sold under Michael Kors, Armani, and Kate Spade. Movado sold under Coach, Hugo Boss, and Tommy Hilfiger. Ten years later, the damage is quantifiable. Swatch’s revenue […]
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Tesla has 42 autonomous vehicles authorised for driverless ridehailing in Texas. Waymo has 577. The figures were published in an online database on 28 May as a new Texas law took effect giving the state greater oversight of commercial driverless vehicle operators. Tesla’s fleet is less than one-tenth the size of Waymo’s in the same […]
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Tesla has 42 robotaxis in Texas. Waymo has 577. The gap is now public record. Read More »