Meta takes Ofcom to the High Court over how the UK calculates Online Safety Act bills
Meta takes Ofcom to the High Court over how the UK calculates Online Safety Act bills

The first invoices arrive in September. Meta wants the basis changed before they do. Meta has filed a judicial review against Ofcom over the way the regulator calculates fees and penalties under the UK’s Online Safety Act, the High Court was told on Th…

Google’s $100 Fitbit Air has no screen. The product it is actually selling is a $10-a-month AI health coach.
Google’s $100 Fitbit Air has no screen. The product it is actually selling is a $10-a-month AI health coach.

  Google spent 2.1 billion dollars buying Fitbit in 2021, three years dismantling the brand, and on Thursday launched a 100 dollar device with no screen, no buttons, and no independent functionality to bring it back. The Fitbit Air is a soft fabric ban…

The largest education data breach in history was not an attack on a school. It was an attack on a vendor.
The largest education data breach in history was not an attack on a school. It was an attack on a vendor.

  The largest education data breach in history was not an attack on a school. It was an attack on a vendor. On 30 April, hackers exploited a vulnerability in the systems of Instructure, the company that makes Canvas, the learning management system used…

Tata and JSW to spend $1bn building India’s way out of Chinese battery dependence
Tata and JSW to spend $1bn building India’s way out of Chinese battery dependence

The two conglomerates are funding separate R&D centres focused on next-generation battery chemistries and advanced EV systems. The investment is a hedge: both groups currently buy critical battery components from Chinese suppliers and want options …

Amazon retreats from Singapore groceries, leans on cross-border instead
Amazon retreats from Singapore groceries, leans on cross-border instead

Amazon Fresh and the local fulfilment network shut on 6 July. A small number of Singapore roles go with them. AWS, retail, and Global Selling stay; the bet is that Singaporean shoppers want US, Japanese, and German catalogues, not local replenishment. …

Why Nexus Luxembourg has become a fixture in Europe’s AI calendar
Why Nexus Luxembourg has become a fixture in Europe’s AI calendar

On 10–11 June, the Grand Duchy hosts the third edition of its flagship tech summit, weeks before the EU AI Act’s most consequential provisions enter into force. Here is what the event has become, and why it matters this year in particular. Luxembourg, …

Moonshot AI’s $20bn valuation seals one of China’s fastest AI funding trajectories
Moonshot AI’s $20bn valuation seals one of China’s fastest AI funding trajectories

Meituan Dragon Ball is leading a $2bn round in the Beijing-based maker of the Kimi chatbot, with China Mobile and CITIC Private Equity Funds participating. The valuation is roughly seven times the figure Moonshot carried sixteen months ago. Moonshot AI…

Lawrence Wong holds the line: AI will not produce jobless growth in Singapore
Lawrence Wong holds the line: AI will not produce jobless growth in Singapore

Singapore’s parliament has pledged that the country will not see jobless growth as artificial intelligence reshapes the economy, Bloomberg reported on Tuesday in coverage citing Channel NewsAsia. The statement reaffirms the position Prime Minister Lawr…

Scale AI wins $500m Pentagon contract, five times its previous Defense Department deal
Scale AI wins $500m Pentagon contract, five times its previous Defense Department deal

The agreement was signed with the Pentagon’s Chief Digital and Artificial Intelligence Office, the procurement vehicle driving the bulk of US military AI integration spending in 2025 and 2026. Microsoft, Amazon, and Google signed parallel classified-ne…

Corgi reaches a $1.3bn valuation four months after its Series A, with TCV leading a $160m round
Corgi reaches a $1.3bn valuation four months after its Series A, with TCV leading a $160m round

The Y Combinator-backed AI-native insurance carrier closed its Series A in January at a $630m valuation. The Series B doubles that figure and funds expansion beyond startup insurance into trucking, where the company says quoting and risk modelling can …