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Sources: Revolut CEO Nik Storonsky could get a multibillion-dollar payout if he drives the fintech's valuation to ~$150B, under an Elon Musk-style pay deal
(
t.co
)
2025-6-23
Fintech
Elon Musk
A US judge let an age-discrimination claim, focused on an application-screening algorithm, proceed as a collective action against HR software company Workday
(
t.co
)
2025-6-23
Algorithm
London-based PhysicsX, which uses AI to design industrial parts such as engine and drone components, raised $135M, a source says at just under a $1B valuation
(
t.co
)
2025-6-22
AI
Drone
London
Fidelity: ~50% of UK investors trust social media, finfluencers, and AI tools for financial decisions; only ~33% used a qualified adviser in the past two years
(
t.co
)
2025-6-22
AI
BitcoinTreasuries.net: about 130 publicly-listed companies currently hold ~$87B worth of bitcoin, equivalent to ~3.2% of all the bitcoins that will ever exist
(
t.co
)
2025-6-21
Bitcoin
Sources: Mira Murati's Thinking Machines Lab raised $2B led by a16z at a $10B valuation; Murati will hold board voting rights that outweigh all other directors
(
t.co
)
2025-6-21
In a letter to CEO Aravind Srinivas, the BBC says it has evidence Perplexity's default model used its content and seeks “a proposal for financial compensation”
(
t.co
)
2025-6-20
Interviews with 45+ sources detail Mark Zuckerberg's transformation into “MAGA Mark”; sources say there were talks about Zuckerberg becoming a Trump adviser
(
t.co
)
2025-6-20
Trump
Zuckerberg
A look at China's efforts to grow its “low-altitude economy”, or airspace below 1,000 meters, by leveraging its strengths in drone production and R&D
(
t.co
)
2025-6-19
China
Drone
The European Court of Justice's advocate-general says the EU's €4.12B fine against Google over its dominance of Android should be upheld, a major blow to Google
(
t.co
)
2025-6-19
Android
Europe
Google
Q&A with Hugging Face Chief Ethics Scientist Margaret Mitchell on aligning AI development with human needs, the “illusion of consensus” around AGI, and more
(
t.co
)
2025-6-19
AI
Sources: Microsoft is prepared to walk away from high-stakes talks with OpenAI if they cannot agree on critical issues, such as the size of Microsoft's stake
(
t.co
)
2025-6-19
Microsoft
Anduril partners with Germany's Rheinmetall to build variants of Anduril's Barracuda and Fury aerial drones, aiming to enhance sovereign capabilities in Europe
(
t.co
)
2025-6-18
Germany
Europe
Drone
Netflix signs a landmark deal with French network TF1 to show linear TV for the first time; TF1 will broadcast all five channels, showing live sports and more
(
t.co
)
2025-6-18
France
Netflix
Sources: lobbyists for Amazon, Google, Microsoft, and Meta back a campaign for a 10-year US state AI regulation ban, a move dividing the AI industry and the GOP
(
t.co
)
2025-6-18
Google
Amazon
Microsoft
AI
Ban
Republican
Studies: women are 25% less likely than men to have basic digital skills, are more likely to be in automation-threatened jobs, and use ChatGPT less at work
(
t.co
)
2025-6-17
German defense tech startup Helsing raised €600M led by Daniel Ek's Prima Materia, sources say at a €12B valuation, bringing its total funding to €1.37B
(
t.co
)
2025-6-17
Germany
Startup
AI is just another productivity tool and the productivity gains will be limited; for lasting economic expansion, AI must catalyze new industries and initiatives
(
t.co
)
2025-6-16
AI
Digital asset platform Tron plans to go public via a reverse merger with Nasdaq-listed SRM Entertainment, after the US paused a probe into founder Justin Sun
(
t.co
)
2025-6-16
Asset
BT Group CEO Allison Kirkby says AI could deepen job cuts at the telco, whose plan to cut over 40,000 jobs by 2030 “did not reflect the full potential of AI”
(
t.co
)
2025-6-16
AI
Sources: China delays approval of Synopsys' Ansys deal as the US moved in late May to ban chip design software sales by US firms, including Synopsys, to China
(
t.co
)
2025-6-13
China
Ban
Visa: stablecoin transaction volumes hit $752B in May, up from $409B in May 2024, and wallets that regularly send and receive payments hit a record 46M average
(
t.co
)
2025-6-12
Sources: Chinese diplomats agree to a six-month ease of rare-earth export licenses, with the earliest application approval within a week of the deal's signing
(
t.co
)
2025-6-12
China
How ad agency WPP is embracing AI tools, despite the threat to its creative business, as its stock falls 50% in seven years; its WPP Open platform has 50K users
(
t.co
)
2025-6-11
AI
Sources: Peter Thiel-backed crypto exchange Bullish has confidentially filed for a US IPO amid surging demand for digital assets under the Trump administration
(
t.co
)
2025-6-11
Trump
IPO
Asset
The UK plans to launch an autonomous taxi trial in London in spring 2026, a year earlier than planned; Uber and Wayve will partner to operate the service
(
t.co
)
2025-6-10
Uber
London
UK retailer M&S begins accepting online orders again, seven weeks after disclosing a sustained cyberattack that cost it up to £300M in this financial year
(
t.co
)
2025-6-10
Nvidia CEO Jensen Huang warns the UK lacks the digital infrastructure needed to capitalize on AI despite “incredible” research talent, as PM Starmer pledges £1B
(
t.co
)
2025-6-9
AI
Nvidia
Maryland-based quantum computing company IonQ agrees to acquire Oxford Ionics, which spun out of Oxford University, in a $1.07B all-stock deal, closing in 2025
(
t.co
)
2025-6-9
Quantum
An interview with Duolingo CEO Luis von Ahn on criticism after Duolingo went “AI-first”, parasocial interactions with “personality”-infused chatbots, and more
(
t.co
)
2025-6-9
Interview
AI
chatbot
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