Sources: Bank of England governor blocked a meeting arranged by UK Chancellor between regulators and Revolut to discuss Revolut's full banking authorization — Chancellor's aim to discuss fintech becoming fully fledged bank thwarted by BoE governor — Bank of England governor Andrew Bailey intervened …
Chinese crypto mining hardware maker Bitmain plans to open a new HQ and assembly line in either Texas or Florida by the end of Q3 and start production in 2026 — Tell us how AI is shaping your news experience. Share your feedback — Bitmain Technologies Ltd., the world's largest manufacturer …
Sources: Quince, a DTC luxury brand that is viral on Instagram and TikTok, raised ~$200M led by Iconiq at a $4.5B valuation, after raising $120M in January 2025 — Investment firm Iconiq is leading a roughly $200 million investment in the direct-to-consumer fashion startup.
An analysis of ~200 Shein items between April and July: prices spiked in April, settled at 12.5% above pre-tariff levels by late May, and jumped again in July — Evidence for the impact of Trump's trade war has shown up at the popular China-founded online retailer.
At Shanghai's World AI Conference, ByteDance, Unitree, UBTech, Agibot, and other Chinese companies demoed a wide range of robots, including boxing droids — From lumbering six-foot machines to nimble back-flipping dogs, robots lorded over China's most important annual AI conference in Shanghai this week.
Indian software services provider Tata Consultancy Services plans to cut 2% of its global workforce, or about 12,000 employees, by March 31, 2026 — In an interview with Moneycontrol, TCS CEO K Krithivasan described the decision as one of the toughest he has faced, calling it a necessary step to build a stronger, future-ready company.
The English Premier League recently signed deals with Adobe and Microsoft to offer AI-powered tools to fans, including those playing the Fantasy Premier League — Football body's turn to Big Tech aims to cement dominance after it made €2.1bn in overseas broadcast deals last season
Alibaba releases its Qwen3-235B-A22B-Thinking-2507 reasoning LLM on Hugging Face, topping several benchmarks, as Alibaba moves away from hybrid reasoning models — If the AI industry had an equivalent to the recording industry's “song of the summer” — a hit that catches on in the warmer months …
Online platforms offering astrological advice are thriving in India, with the leading app Astrotalk claiming about 84% of its 70M users are under the age of 35 — An age-old belief in astrology has snowballed into a $7 billion industry as a younger generation seeks celestial guidance.
The AI Action Plan suggests Trump wants to inculcate a “try-first” culture through regulatory sandboxes for AI, which have already popped up in some US states — Among the many, many ambitious ideas baked into his AI Action Plan, President Donald Trump wants to inculcate a “try-first” culture for innovation in the U.S.
The SharePoint hacks increase pressure on Microsoft's Secure Future Initiative, which the company calls an ambitious effort expected to take years to complete — Three months ago, Microsoft Corp. issued a progress report on what it described as the largest cybersecurity engineering project in history.
Google has defended Search against the first wave of disruption from generative AI, but AI agents and apps that can reduce clicks now threaten its ad business — The company has defended search but its dominant position in online advertising may still be up for grabs
Google is testing a vibe-coding tool called Opal that lets users create mini web apps using text prompts or remix existing apps, available in the US via Labs — AI-powered coding tools have become so popular over the past few months that almost every major tech company is either using one or making its own.
Public companies are loading up on crypto tokens, including $TRUMP, HYPE, and litecoin, as they expand beyond bitcoin to boost their own share prices — Listed firms load up on ether, litecoin and $TRUMP as they bid to emulate Michael Saylor's Strategy — Public companies are loading …
Analysis: US and UK entry-level graduate job listings have plunged since 2022, but there's only tentative evidence of AI-related disruption in some occupations — Tech is blamed for destroying entry-level roles but economic uncertainty and offshoring are playing a part
Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...
