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Agentic AI race by British banks raises new risks for regulator
17 Dec 2025

Agentic AI race by British banks raises new risks for regulator

A race among banks to adopt agentic AI, which can make decisions and take autonomous action, runs new risks for retail customers, said Britain’s financial watchdog, which is pledging to ensure their interests are not sidelined.
Databricks builds war chest with $134 billion valuation in latest funding round

Databricks builds war chest with $134 billion valuation in latest funding round

17 Dec 2025
Databricks said on Tuesday that it has raised more than $4 billion at a valuation of $134 billion, the latest example of investors betting big on companies benefiting from the broader adoption of artificial intelligence.
App developers urge EU action on Apple fee practices

App developers urge EU action on Apple fee practices

16 Dec 2025
A coalition of 20 app developers and consumer groups on Tuesday called upon European regulators to enforce EU laws against Apple, saying the company’s fee structure unfairly disadvantages European developers compared to their U.S. rivals after a recent court decision in the United States.
Exclusive-Nasdaq seeks to extend trading hours, as Wall Street gears up for 24/7 move

Exclusive-Nasdaq seeks to extend trading hours, as Wall Street gears up for 24/7 move

16 Dec 2025
Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout

Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout

15 Dec 2025
 iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary manufacturer.
Netflix says its position on deal with Warner Bros Discovery unchanged
15 Dec 2025

Netflix says its position on deal with Warner Bros Discovery unchanged

Netflix’s decision to acquire assets from Warner Bros Discovery has not changed and the hostile bid from Paramount Skydance was "entirely expected", its co-CEOs Greg Peters and Ted Sarandos said in a letter to employees on Monday.
Adobe sees upbeat annual results on AI, design software strength

Adobe sees upbeat annual results on AI, design software strength

11 Dec 2025
Adobe forecast fiscal 2026 revenue and profit above Wall Street expectations on Wednesday, signaling strong demand for the Photoshop maker’s design tools and increasing monetization for its artificial intelligence offerings.
STMicroelectronics opens new 1-billion-euro credit line with EIB

STMicroelectronics opens new 1-billion-euro credit line with EIB

11 Dec 2025
Chipmaker STMicroelectronics said on Thursday it had established a 1 billion euro ($1.2 billion) credit line with the European Investment Bank (EIB).
Amazon to invest over $35 billion in India on AI, exports

Amazon to invest over $35 billion in India on AI, exports

10 Dec 2025
Amazon plans to invest more than $35 billion in India by 2030 to expand its operations by boosting artificial intelligence capabilities and increasing exports, the U.S. e-commerce giant said on Wednesday, as global tech firms deepen their presence in Asia’s third-largest economy.
China's polysilicon giants set up acquisition firm to tackle oversupply

China's polysilicon giants set up acquisition firm to tackle oversupply

10 Dec 2025
Chinese polysilicon makers have set up an acquisition company to help restructure an industry plagued by oversupply, local media reported on Wednesday, although it was unclear if the firm has concrete plans to buy and shut excess capacity.
Snowflake shares fall on slower product revenue growth forecast for fourth quarter
04 Dec 2025

Snowflake shares fall on slower product revenue growth forecast for fourth quarter

Snowflake shares slumped 8% in premarket trading on Thursday after the cloud data analytics company forecast slower product revenue growth for the fourth quarter, partly hit by discounts offered on the large, long-term deals.
Meta subject to EU antitrust investigation over plan to block AI rivals in WhatsApp

Meta subject to EU antitrust investigation over plan to block AI rivals in WhatsApp

04 Dec 2025
Meta Platforms was subject to another EU antitrust investigation on Thursday over its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, as Big Tech’s use of generative AI comes under increasing scrutiny. 
Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say

Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say

03 Dec 2025
Netflix’s proposed acquisition of Warner Bros Discovery’s studios and streaming unit is expected to reduce streaming costs for consumers by bundling Netflix and HBO Max, according to two people familiar with the proposal.
AI companies' safety practices fail to meet global standards, study shows

AI companies' safety practices fail to meet global standards, study shows

03 Dec 2025
The safety practices of major artificial intelligence companies, such as Anthropic, OpenAI, xAI and Meta, are "far short of emerging global standards," according to a new edition of Future of Life Institute’s AI safety index released on Wednesday.
Fearing AI job losses, some young workers in Britain shift towards skilled trades

Fearing AI job losses, some young workers in Britain shift towards skilled trades

02 Dec 2025
In a labour market where artificial intelligence is quickly transforming and sometimes replacing jobs, student Maryna Yaroshenko wanted to find a future-proof career that offered long-term stability.

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