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Apple paid Ireland $17.1bn in tax last financial year. That is around 40% of everything it paid in corporate income tax anywhere in the world. The figure comes from a company filing that breaks Apple’s tax down country by country, Reuters reported from Dublin. Apple paid $43.2bn in income taxes worldwide in the year to […]
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Apple paid 40% of its global tax bill to one country Read More »
Micron is putting $10bn into a research lab built on the premise that AI has permanently changed what memory is worth. The company announced Micron Research Labs on Thursday, headquartered in Boise, Idaho, with a planned $10bn over the next decade. It is separate from the more than $250bn Micron has committed to American manufacturing […]
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Micron is spending $10bn on a lab betting the memory cycle has changed Read More »
New York has more tech workers than the San Francisco Bay Area for the first time since CBRE started counting 13 years ago. The property firm’s Scoring Tech Talent 2026 report, subtitled “AI Realignment Underway”, puts the New York metro at 394,300 tech talent jobs in 2025 against 375,730 in the Bay Area. New York […]
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New York has more tech workers than San Francisco for the first time Read More »
Broadcom is in talks with lenders to raise more than $60bn in debt, Bloomberg reported on Thursday. The money would finance AI chips for Anthropic and other companies. Bloomberg cited people with knowledge of the matter. The figures under discussion could take the total as high as $100bn. Talks are continuing and the terms may […]
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Broadcom seeks more than $60bn in debt to fund AI chips for Anthropic Read More »
Nvidia has agreed to pay Poolside $6bn to license the software the startup used to build AI models, and to offer jobs to 109 of its staff. It is also investing $1bn in what remains, at a $12bn pre-money valuation. The terms come from a letter Poolside sent its investors, first reported by Newcomer. The […]
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Nvidia pays Poolside $6bn to license its model factory and hire 109 staff Read More »
Castelion has raised $1bn at a $13bn valuation. Three SpaceX executives founded the company in 2022 to build missiles. Its first product is Blackbeard, a hypersonic strike weapon designed for quantity rather than craft. The structure repays a close read. The round is $800m in equity plus $250m of committed financing for a revolving credit […]
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Castelion raises $1bn at $13bn to scale hypersonic weapon production Read More »
The United States conducted 178 orbital launches and re-entries last year, but the White House now wants at least a thousand a year by 2030. President Donald Trump signed a memorandum on Thursday directing federal agencies to clear the path to that number, largely by getting out of the way. It instructs them to speed […]
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Trump signs a memo to clear the regulatory path to three launches a day Read More »
China is removing a government version of Microsoft’s Windows 10 from state agencies, earlier than planned. The Ministry of State Security recently told some state-linked entities to uninstall the customised software, Bloomberg reported, citing people familiar with the matter. The instruction stemmed from data security concerns, they said. They did not specify the vulnerabilities involved. […]
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China is removing Microsoft’s Windows 10 from state agencies Read More »
EliseAI is in talks to raise $300mn at a $3.7bn valuation, according to Business Insider. Katie Roof reported the round on Tuesday, citing sources familiar with it. Andreessen Horowitz and Bessemer Venture Partners are in talks to lead it. The details are not settled. Roof wrote that the numbers could still change. EliseAI, a16z and […]
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EliseAI is in talks to raise $300mn at a $3.7bn valuation Read More »
Apple is overhauling its EU App Store fees to settle a long dispute with the European Commission. The company announced the changes on Tuesday, after what it called close collaboration with the Commission. Developers can sign the new terms today, and they take effect on 1 October. The headline change is the end of the […]
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Apple overhauls EU App Store fees to settle its DMA dispute Read More »