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India's crypto industry is lobbying for tax cuts on domestic trading, hoping to seize on New Delhi's softening crypto stance as it negotiates a US trade deal
(
t.co
)
2025-5-27
India
Tax
The UK, which launched open banking in 2018, is seeing its fintech sector struggle to make open banking-powered payments a viable alternative to card payments
(
t.co
)
2025-5-27
Fintech
Scam victims in Singapore lost a total of ~$858M last year, up 70% YoY; most are contacted via Meta-owned apps, and deepfakes in scams are increasingly common
(
t.co
)
2025-5-27
Singapore
Sources: Trump Media and Technology Group aims to raise $2B in fresh equity and another $1B via a convertible bond to buy cryptocurrencies such as bitcoin
(
t.co
)
2025-5-27
Trump
Bitcoin
Equity
JioHotstar has grown its subscriber base from 50M in March to over 280M in May, driven by IPL cricket streams, nearing Netflix's global subscriber count of 300M
(
t.co
)
2025-5-27
Netflix
At its Build conference, Microsoft sought to show its key role in the AI industry, with Sam Altman, Elon Musk, and Jensen Huang making virtual appearances
(
t.co
)
2025-5-26
Microsoft
AI
Elon Musk
Sources: SoftBank's Masayoshi Son pitched a joint US-Japan sovereign fund to top DC and Tokyo officials to back large tech and infrastructure projects in the US
(
t.co
)
2025-5-26
Japan
Tokyo
Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M
(
t.co
)
2025-5-24
AI
Sources: Oracle will buy ~400,000 Nvidia GB200 chips and lease them to OpenAI at its 1.2 gigawatts Texas data center, billed as the first US Stargate project
(
t.co
)
2025-5-24
Oracle
Nvidia
Texas
Two new books on OpenAI and the AI industry show how Sam Altman became one of tech's great survivors, outlasting Elon Musk and returning after being sacked
(
t.co
)
2025-5-22
AI
Elon Musk
M&S CEO Stuart Machin says hackers accessed the UK retailer's systems using social engineering tactics via a third-party supplier, putting M&S “on its backside”
(
t.co
)
2025-5-22
Google expands its sovereign cloud options in the EU, including a new “data shield” that provides additional cyber security protections to European clients
(
t.co
)
2025-5-21
Europe
Google
A look at the Coller Dolittle challenge, modeled on the Turing test with a $10M equity investment prize to decipher an animal's language and elicit a reply
(
t.co
)
2025-5-21
Equity
UK retailer M&S says it expects a £300M profit hit from an April cyberattack and disruption to continue until July 2025; M&S' market cap has falled by ~£750M
(
t.co
)
2025-5-21
UK tech unicorn Builder.ai, backed by Microsoft, Qatar, and others, says it is entering insolvency proceedings due to financial and historic leadership issues
(
t.co
)
2025-5-20
Microsoft
AI
Qatar
Sources and a document: the EU plans to levy a flat ~€2 fee on billions of small packages entering the bloc, mainly from China, in a blow to Temu and Shein
(
t.co
)
2025-5-20
China
Q&A with Feng Ji, founder of top Chinese quant fund Baiont, on using AI to develop trading strategies, China's quant landscape, having a small team, and more
(
t.co
)
2025-5-20
China
AI
Study: autonomous vehicles trained to use “social sensitivity” in assessing the impact of multiple hazards will cause fewer injuries during road accidents
(
t.co
)
2025-5-20
Autonomous Car
The UK plans to bring legislation to regulate BNPL services under the same rules as banks, four years after the previous government unveiled BNPL regulations
(
t.co
)
2025-5-19
How the UK's Met Office, alongside Google DeepMind, Nvidia, Microsoft, IBM, and others, are leveraging AI to enhance weather forecasting accuracy and detail
(
t.co
)
2025-5-19
Google
Microsoft
IBM
AI
Nvidia
Nvidia's deals with Saudi Arabia's Humain and the UAE's G42 highlight its strategy to diversify beyond Big Tech customers by partnering with nation states
(
t.co
)
2025-5-18
Arabia
Nvidia
Saudi Arabia
The EU provisionally finds that TikTok breached the DSA by failing to offer a publicly searchable ad library, potentially opening the platform up to a fine
(
t.co
)
2025-5-15
Q&A with Marc Benioff on how AI is disrupting work, Salesforce's AI agent platform Agentforce, the Trump administration's tariffs and economic policy, and more
(
t.co
)
2025-5-14
Trump
AI
Salesforce
The US Commerce Department issues guidance stating that “using Huawei Ascend chips anywhere in the world violates US export controls” due to the use of US tech
(
t.co
)
2025-5-14
Sources: investors in US chipmaker Wolfspeed offered ~$600M to refinance a large convertible bond coming due in 2026, to pre-empt a potential bankruptcy filing
(
t.co
)
2025-5-13
German defense tech startup Helsing unveils an autonomous underwater drone fleet, the SG-1 Fathom, powered by its AI system Lura to detect and classify sounds
(
t.co
)
2025-5-13
Germany
Startup
AI
Drone
Dealroom.co: content licensing and data marketplace startups like Pip Labs and ProRata have raised $215M since 2022 to help artists sell content for AI training
(
t.co
)
2025-5-13
Startup
AI
SoftBank reports Q4 net profit up 124% YoY to ~$3.5B, a surprise profit and above a ~$182M loss est., due to improving valuations of Alibaba, T-Mobile, and more
(
t.co
)
2025-5-13
Mobile
Alibaba
4Q
Saudi Arabia launches Humain, a multibillion-dollar AI company chaired by Crown Prince Mohammed bin Salman, the main vehicle to drive the kingdom's AI strategy
(
t.co
)
2025-5-13
AI
Arabia
Saudi Arabia
How India aims to become a regional data center hub, leveraging its low energy pricing and AI-skilled workforce; power supply constraints pose a major challenge
(
t.co
)
2025-5-12
India
Energy
AI
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