Micron approaches $1tn as UBS sees a path to $1.8tn over 12 months

Timothy Arcuri lifted his price target to $1,625 from $535 on the back of long-term HBM supply agreements that, in his read, compress the boom-bust memory cycle into something closer to a structural d [...]

China’s market regulator fines Luxshare and Wingtech over their unwinding deal

SAMR has penalised the two electronics firms for procedural violations in their now-collapsed asset sale, the latest signal of Beijing’s tightening merger-enforcement posture. China’s State Admini [...]

ECB tells eurozone banks to tighten cyber-security as AI shifts the threat picture

The European Central Bank has formally told eurozone banks they must tighten their cyber-security posture in response to AI-led attack tools, in a follow-up statement issued on Wednesday that turns ea [...]

Airbnb leads a $58M Series C in WeRoad and hires its CEO to run hotels

The Milan group-travel platform takes a $58M Series C and a strategic 10% Airbnb shareholding. Andrea D’Amico leaves to run Airbnb’s hotels division. Airbnb has led a $58m Series C in WeRoad, the [...]

The Samsung pay deal is the moment Korean unions changed register

Samsung’s 10.5%-of-profit bonus formula is only the second written profit-share agreement at a major Korean firm. Kakao’s union is already asking for more. Samsung Electronics’ unionised workfor [...]

AI data centres are taking the capacitors carmakers need

Chinese carmakers say printed circuit boards and multilayer ceramic capacitors are 20% to 30% short globally, with prices more than tripling over the past year because of AI data centre demand. Automo [...]

Anthropic is targeting an IPO the size of the largest ever

Anthropic expects its IPO to match or exceed SpaceX’s record $75bn raise, and could file publicly as soon as the end of this month. It made a net loss of almost $42bn in 2025, five times the year be [...]

Rivian spinout Also raises $150m, and the e-bike is just the wedge

Also, the micromobility startup that spun out of Rivian last year, has raised $150 million in a Series D round. The round values it above $1 billion. The company told Fortune the money will go towards [...]

Greg Brockman says OpenAI underestimated its own models’ cyber skills

Greg Brockman went on CNBC on Monday to say the executive departures at OpenAI are not unusual. “I actually think that the difference between OpenAI and other organizations is that we are so much in [...]