Microsoft plans to cut under 2.5% of its workforce in a fresh round of layoffs
Microsoft Prepares for Another Round of Layoffs
Microsoft is preparing to cut under 2.5% of its workforce, according to a Business Insider report picked up …
Month: July 2026
US lifts export controls on Anthropic’s Fable 5, clearing the model’s return
US Commerce Department Lifts Export Controls on Anthropic’s Advanced Models
The US Commerce Department has lifted the export controls it placed on Anthropic’s…
AI hardware demand keeps Asia’s factories humming as the Iran war bites
Asia’s Factory Output Rebounds in June, Driven by Global AI Hardware Demand
Asia’s factories grew again in June, and the global scramble for AI hardware is do…
South Korea accuses Google of abusing Android app-store power over ‘Project Hug’
South Korea’s Competition Regulator Accuses Google of Abusing Dominant Position in Android App Market
South Korea’s competition regulator has accused Google …
Uber-backed Lime prices its IPO at $25 a share, raising about $174m
Lime Prices IPO at $25 a Share
Lime has priced its US initial public offering (IPO) at $25 a share, according to Bloomberg News . This price falls within t…
Visa, Mastercard and 140 firms launch Open USD, a stablecoin built to undercut Circle
A Consortium of Financial Giants Launches Open USD
A consortium of more than 140 financial and technology companies, including Visa, Mastercard, Stripe, and C…
Bending Spoons prices IPO above range to raise $1.68bn ahead of Nasdaq debut
Bending Spoons’ IPO: A Glance at the Numbers
Bending Spoons , the Milan software group behind platforms like Vimeo, WeTransfer, and Evernote, has priced its …
OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI
CBC’s Tech Spending Plans
CBC plans to raise its annual technology spending to more than $771 million , according to Bloomberg , as Singapore’s second-large…
EU tech chief and Tim Cook hold ‘constructive’ talks as Siri AI stays blocked in Europe
Apple CEO Tim Cook and EU’s Henna Virkkunen Have "Constructive" Video Call
Apple chief executive Tim Cook and the European Union’s technology chie…
Judge clears states to try claim that Meta hooked children on Facebook and Instagram
Meta Faces Legal Battle Over Children’s Addiction to Social Media
Meta will have to defend in court the accusation that it built Facebook and Instagram to add…