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Lenovo Q4 revenue tops estimates on strong PC sales, shares jump 15%

$21.6bn quarter, AI revenue nearly doubles, full year crowned the best in the company’s history. Lenovo posted Q4 revenue of $21.6bn, up 27% year-on-year and roughly $2.2bn ahead of consensus, sendi [...]

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Austrian startup REPS raises $23.6m to turn road traffic into electricity

Tyrol-based REPS has plugged its first “road power plant” into the Port of Hamburg. The next test is whether the economics survive contact with anywhere else. Tyrol-based REPS has raised $23.6m [...]

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Sora shutdown leaves Critterz at the Cannes market without its model

The OpenAI-backed family animation that was meant to prove generative AI could ship a real movie has missed its festival window, in part because the video model it was built on no longer exists. Critt [...]

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China’s EV brands cross 15% in Europe, with Britain leading the charge

BYD and Chery led a doubling of Chinese EV deliveries in April, even as Brussels keeps its tariff wall up and Stellantis quietly hands the keys to underused European plants. Chinese brands accounted f [...]

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Italian police seize a piracy app that streamed Sky, DAZN, and Netflix through hijacked real accounts

Operazione Tutto Chiaro hit more than 100 sites across Italy, France, and Germany, targeting a system that rebroadcast legitimate subscription codes every three minutes. Italy’s Guardia di Finanza [...]

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Tesla beat Q2 delivery estimates and the stock fell. Wednesday’s earnings face the same problem.

Tesla delivered 480,126 vehicles in the second quarter, beating Wall Street estimates with a 25% year-on-year increase. The stock dropped. That reaction tells you everything about where expectations s [...]

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The Singapore side door: OpenAI and Google are selling frontier AI to blacklisted Chinese giants

Three Chinese tech giants are on a US military blacklist. All three can still buy America’s best AI, as long as they buy it in the right country. Three of China’s biggest technology companies sit [...]

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SoftBank and PayPay said to be in talks to invest in Seven & i

Japan’s biggest payments app and its most famous convenience-store chain may be about to get closer. SoftBank and its payments arm PayPay are in talks to invest in Seven & i Holdings, the retail [...]

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Trump signs orders calling for a powerful quantum computer by 2028

Two executive orders set a research-grade target, push the post-quantum cryptography deadline to 2031, and tie $2bn in grants to government equity stakes. President Donald Trump signed two executive o [...]

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