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SoftBank hits a fresh record as Tokyo bets the OpenAI IPO is finally coming

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The Nikkei broke 65,000 for the first time on Monday, and SoftBank, the listed proxy for both OpenAI and Arm, did much of the lifting. SoftBank Group shares hit a record high in Tokyo on Monday, carrying the Nikkei 225 above 65,000 for the first time and capping a fortnight in which the Japanese investment […]

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Huawei unveils ‘Tau Scaling Law’ as China’s workaround for US chip sanctions

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He Tingbo used a Shanghai keynote to argue that cutting signal-propagation time, not shrinking transistors, is the new frontier, and that Huawei has been quietly building chips around the idea for six years. Huawei used the opening day of the IEEE International Symposium on Circuits and Systems in Shanghai on Monday to argue that the global semiconductor […]

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Wingtech sues Nexperia in Chinese court over Dutch government’s semiconductor seizure

China, Digital Marketing, Europe, Next Featured, Security, SEO Tips, Tech, Technology /

Wingtech Technology has filed a lawsuit against its own subsidiary, Nexperia, in a Chinese court. The case, lodged at the Dongguan Intermediate People’s Court, seeks at least 8 billion yuan, roughly $1.1 billion, in damages. It is the first major legal challenge to a European government’s forced seizure of a Chinese-owned chipmaker. The dispute centres […]

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Norway’s $2.3 trillion wealth fund objects to John Elkann’s reappointment to Meta’s board

Business, Digital Marketing, Europe, Government and policy, Next Featured, privacy, SEO Tips, Technology /

Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, has withheld its vote on the reappointment of John Elkann to Meta’s board of directors. The fund said it believes the Stellantis chairman and Exor CEO does not have enough time to devote to the role. Norges Bank Investment Management, which manages the $2.3 […]

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London’s Fresha hits unicorn status with KKR-led $80M raise

Digital Marketing, Investors and funding, Next Featured, SEO Tips, Technology /

The London-based beauty and wellness booking platform has joined the UK unicorn club at a $1bn-plus valuation, in a deal that lands while the broader SaaS complex is busy arguing about its own funeral. Fresha, the London-based booking and payments platform for salons and spas, has raised $80m from funds managed by KKR in a […]

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Italian police seize a piracy app that streamed Sky, DAZN, and Netflix through hijacked real accounts

Digital Marketing, Europe, Government and policy, Next Featured, SEO Tips, Technology /

Operazione Tutto Chiaro hit more than 100 sites across Italy, France, and Germany, targeting a system that rebroadcast legitimate subscription codes every three minutes. Italy’s Guardia di Finanza said on Friday it had dismantled an audiovisual piracy operation that streamed paid content from Sky, DAZN, Netflix, Disney+, and Spotify to thousands of subscribers using an app called […]

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Lenovo Q4 revenue tops estimates on strong PC sales, shares jump 15%

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$21.6bn quarter, AI revenue nearly doubles, full year crowned the best in the company’s history. Lenovo posted Q4 revenue of $21.6bn, up 27% year-on-year and roughly $2.2bn ahead of consensus, sending shares up about 15% on Friday in Hong Kong. Net profit attributable to shareholders jumped 479% to $521m, almost double the $271m analysts had […]

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DeepSeek founder declares AGI as the goal as $10bn funding round advances

Artificial Intelligence, Digital Marketing, Next Featured, SEO Tips, Technology /

Liang Wenfeng tells prospective investors the Hangzhou lab will prioritise frontier research over revenue, in its first-ever external raise. DeepSeek founder Liang Wenfeng has told prospective investors in the company’s first outside funding round that the lab intends to pursue artificial general intelligence as a primary goal, and will keep releasing open-source models rather than […]

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Meta settles bellwether Kentucky case, ending first school-district trial over youth mental health

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The Breathitt County settlement closes the trial that had been set for June 12 in Oakland. Roughly 1,200 similar school-district suits sit behind it. Meta has settled the first US school-district lawsuit set for trial seeking to make social media companies pay for the cost of addressing a youth mental health crisis its critics say […]

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ClickUp cuts 22 per cent of staff and introduces $1 million salary bands for those who remain

Apps, Artificial Intelligence, Business, Digital Marketing, Future of work, Next Featured, SEO Tips, Technology /

ClickUp, the $4 billion productivity platform, has cut 22 per cent of its workforce. CEO Zeb Evans announced the layoffs in a post on X, framing them not as a cost-cutting exercise but as a structural bet on AI. The savings, he said, will flow back to the employees who stay in the form of […]

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