Attacks on US firms have moved from stealing data to stopping production

Reuters has been keeping a running tally of American companies breached during 2026, and read end to end, it is more instructive than any single entry in it. The names run from Nike and Coca-Cola to N [...]

Taiwan indicts Nvidia manager over chips shipped to China

Taiwanese prosecutors have indicted a senior Nvidia manager and eight others over an alleged scheme that shipped 74 servers containing B300 chips to China via Japan and Indonesia. They are seeking fiv [...]

TikTok will pay $400mn over children’s privacy, a number Europe reached in 2023

TikTok and ByteDance have agreed to pay $400mn to settle a US Justice Department case alleging they let millions of under-13s use the platform and collected their data without parental consent. Irelan [...]

The FTC says Amazon charged advertisers the wrong price 80% of the time

Amazon runs a second-price auction for its search ads, a system in which the winning advertiser is supposed to pay one cent more than the next-highest bid. The Federal Trade Commission now alleges tha [...]

Google named the new boss of Gemini 4. Both of Gemini’s co-leads quit the same day

Sundar Pichai’s memo on Wednesday thanked Jeff Dean for “an incredible 27-year run” and said he was off to start a company with Sanjay Ghemawat. He posted the same two names on X. Discovery Loop [...]

Amsterdam startup Ore Energy raises $43 million to build iron-air batteries that store power for days

Ore Energy, an Amsterdam-based startup building grid-scale iron-air batteries, has raised $43 million in Series A funding to scale a technology that can store renewable electricity for up to 100 hours [...]

The ‘death zone’: how free Chinese models are hollowing out US AI

China’s open-source AI push has created what Bloomberg calls a ‘death zone’ for rival American model makers. The phrase captures a squeeze on the middle of the market, where US companies are too [...]

The EU can now inspect AI models, block market access, and fine providers 3% of turnover. The grace period is over.

The European Commission gained enforcement powers over general-purpose AI models on August 2, ending the grace period for Chapter V of the EU AI Act. The Commission can now demand to evaluate models b [...]

The chips that wire GPUs together are the new prize. Xsight raised $300m to sell an open one.

The AI boom made GPUs famous. The dull chips that wire thousands of those GPUs together are quietly becoming just as valuable. Xsight Labs, an Israeli chipmaker, has raised more than $300 million at a [...]