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Samsung and its union meet Monday in a last attempt to prevent an 18-day chip factory strike

Samsung Electronics and its largest labour union will resume negotiations on Monday in what South Korean Prime Minister Kim Min-Seok has described as “virtually the last chance” to prevent an 18-day strike at the world’s biggest memory chipmaker. If the talks fail, the union’s 41,000 confirmed participants, a number expected to exceed 50,000, will walk […]

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Stripe’s John Collison says agentic commerce will completely transform online shopping

John Collison thinks keyword search is a “ridiculous” way to find things to buy. The Stripe co-founder told Bloomberg that agentic commerce, in which AI agents shop on behalf of consumers, will completely transform the online shopping experience, reshaping not just how people purchase but how retailers sell. The argument is structural. For more than […]

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Salesforce expects to spend $300 million on Anthropic tokens this year, and Benioff wants coding inside Slack next

Marc Benioff expects Salesforce to spend $300 million on Anthropic tokens this year, almost entirely on coding. The Salesforce CEO made the projection on the All-In podcast published on Friday, calling AI coding agents “awesome” and Anthropic “awesome” in the same breath, before adding that the spending would make everything at Salesforce cheaper to build. […]

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OpenAI wants ChatGPT to see your bank account. The pitch is convenience. The risk is everything else.

OpenAI has launched a personal finance experience inside ChatGPT, letting subscribers connect their bank accounts, credit cards, investment portfolios, and loan accounts to the chatbot and ask questions grounded in their actual financial data. The feature, released on 15 May, is available in preview to US-based ChatGPT Pro subscribers on web and iOS, with support […]

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OpenAI wants ChatGPT to see your bank account. The pitch is convenience. The risk is everything else. Read More »

Chinese parts already power American cars, and that’s exactly why Congress is panicking

  Somewhere in the wiring of the car you drove this morning, there is almost certainly a Chinese component. An airbag inflator. A windshield. A steering column bearing. According to global consulting firm AlixPartners, more than 60 US-based auto suppliers are now owned by Chinese companies, making everything from axles to electronic control units for […]

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China’s tech giants are replacing the search bar with AI agents that shop for you

  For years, buying something online in China meant typing keywords into a search bar and scrolling through an endless grid of listings. That ritual is being dismantled. On Monday, Alibaba Group integrated its Qwen artificial intelligence assistant with Taobao, its largest marketplace, giving the chatbot access to a catalogue of more than four billion products. […]

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Revolut is offering every employee GBP1,000 to sell business banking. The real prize is a $200 billion IPO.

  Revolut’s chief executive, Nik Storonsky, has told employees across the company that business banking is now its top priority, and is offering each of them £1,000 to prove he means it. In a memo sent to staff on Friday, Storonsky asked everyone, regardless of department, to help bring in new business customers, send pitches […]

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Revolut is offering every employee GBP1,000 to sell business banking. The real prize is a $200 billion IPO. Read More »

Bolt is betting that South Africa’s next ride will be a Chinese electric car

  Bolt Technology, the Estonian ride-hailing company that has spent roughly $180 million building a dominant position in South Africa, has struck a deal with China’s Dongfeng Motor Group to roll out an electric-vehicle fleet in the country. The partnership will start in Cape Town, with Dongfeng’s Box hatchback and its more premium 007 sedan […]

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Trump leaves Beijing saying he and Xi talked AI guardrails. Nothing was signed.

Asked what kind of guardrails on the way out, the US president told reporters on Air Force One: ‘standard guardrails that we talk about all the time’. H200 deliveries to ten cleared Chinese buyers remain stalled. Donald Trump told reporters on Air Force One on Friday that he and Xi Jinping discussed AI guardrails and […]

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Trump leaves Beijing saying he and Xi talked AI guardrails. Nothing was signed. Read More »

Musk’s X commits to UK regulator on hate speech, with Grok probe still open

Elon Musk’s platform has agreed to review illegal hate and terrorism posts within a day on average, restrict UK-proscribed groups, and report quarterly to the regulator. A separate Ofcom investigation continues. X has agreed to a set of commitments on illegal hate speech and terrorist content with Ofcom, Britain’s communications regulator said on Friday, after […]

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