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Apple to raise prices as memory chip shortage bites, Tim Cook says

Apple is going to raise prices, and Tim Cook is no longer pretending otherwise. In an interview with the Wall Street Journal, the chief executive said the company could not keep absorbing the soaring cost of memory and storage chips. “Unfortunately, price increases are unavoidable,” he said. The line is notable mostly because Apple has […]

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Meta executive leading internal AI overhaul departs after two months

The memo, when it came, was about a transition rather than a departure. Emily Dalton Smith, the Meta executive who had spent barely two months running the company’s push to reorganise itself around AI agents, is leaving. She joined Meta in 2015. She is going just as the work she was hired to lead was […]

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Trump says Apple will build chips with Intel in the US

The news that Apple had agreed to make its chips in the United States did not come from Apple. It came, on Thursday, from a post by President Donald Trump on Truth Social, announcing that the company had agreed to work with Intel to design and manufacture chips on American soil. Apple, for its part, […]

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Parafin lands a Goldman Sachs credit facility to embed lending inside Amazon, DoorDash, and Walmart

Parafin, an embedded financial infrastructure company on the 2026 Forbes Fintech 50 list, has secured a new credit facility led by Goldman Sachs alongside One William Street Capital Management. The facility will expand access to embedded lending for small businesses through platforms including Amazon, DoorDash, Gusto, TikTok Shop, and Walmart. The company’s model is straightforward. […]

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ECB’s Lagarde says AI could trigger financial crises and calls for Cold War-style non-proliferation governance

ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and called for global AI governance modelled on the Cold War-era non-proliferation agreements that kept the world safe from nuclear weapons. She spoke in Venice, the sharpest framing yet from a central bank chief on the systemic risks AI poses […]

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The Trump Mobile T1 was supposed to be made in America. It’s a Taiwanese phone with a gold coat.

The Trump Mobile T1 is here, and it is not what was promised. When Donald Trump’s eldest sons unveiled it at Trump Tower a year ago, the pitch was a gold-coloured handset with an iPhone resemblance, proudly made in the US. What shipped is a rebranded HTC U24 Pro, a Taiwanese midrange phone from mid-2024, […]

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A Colombian AI startup wants to assist half of Latin America’s doctors. Andreessen Horowitz just backed it.

Telepatia, an AI clinical assistant built for Latin American healthcare, has raised $33 million in a Series A led by Andreessen Horowitz. The company wants to reach half of the region’s 1.9 million doctors by the end of 2027. Total funding is now $42 million, with early backers including Palantir CTO Shyam Sankar, Rappi founder […]

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A Colombian AI startup wants to assist half of Latin America’s doctors. Andreessen Horowitz just backed it. Read More »

Europe’s carmakers are pivoting to defence as EV demand slows and military budgets soar

Four European automakers announced military vehicle partnerships in the past week. Ineos is bidding for a UK Ministry of Defence contract. Daimler Truck launched a dedicated defence brand. Renault partnered with Thales for armoured vehicles. Mercedes-Benz teamed up with a German startup to build anti-drone platforms. The European car industry is retooling for rearmament. Ineos […]

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FTC freezes sprawling subscription enterprise built on Cyprus and Delaware shells

A federal court has temporarily shut down what the US Federal Trade Commission describes as a sprawling enterprise of deceptive subscription apps, freezing the operations of 15 corporations and eight individuals accused of charging consumers without permission and making cancellation deliberately hard. The order, granted at the agency’s request, came alongside a complaint filed on […]

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Anthropic and Google DeepMind called for a US-led AI coalition at the G7, and Canada said yes

Anthropic CEO Dario Amodei and Google DeepMind’s Demis Hassabis used a closed-door lunch at the G7 summit on Wednesday to call for a US-led coalition that would shape international rules and standards for artificial intelligence, according to two people with knowledge of the discussions who spoke to CNBC on condition of anonymity. Canadian Prime Minister […]

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Anthropic and Google DeepMind called for a US-led AI coalition at the G7, and Canada said yes Read More »

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