Musk settles SEC Twitter-disclosure case for $1.5m, the maximum penalty for the violation
Musk settles SEC Twitter-disclosure case for $1.5m, the maximum penalty for the violation

After four years of litigation, Elon Musk has agreed to pay a $1.5m civil penalty over his late 2022 Twitter stake disclosure. The harm to other shareholders, the SEC alleged, was $150m. Elon Musk has, after nearly four years of litigation, settled the…

Apple explores Intel and Samsung for chipmaking, ending TSMC’s solo run on M-series
Apple explores Intel and Samsung for chipmaking, ending TSMC’s solo run on M-series

Bloomberg reports Apple is in early-stage discussions with Intel and Samsung about producing some of its M-series chips. The talks are exploratory; the signal is significant. Apple’s silicon strategy has, for nearly a decade, run on a single foundry re…

Three months after raising $30bn, Alphabet taps the euro market again
Three months after raising $30bn, Alphabet taps the euro market again

Three months after a $30bn multi-currency raise, Google’s parent is back. The euro tranches expand one of the most active corporate borrowing programmes of the AI cycle. Three months after raising more than $30bn in a multi-currency global debt issue, …

Pinterest just crossed $1 billion in quarterly revenue. The bet that made it work was not social media. It was search.
Pinterest just crossed $1 billion in quarterly revenue. The bet that made it work was not social media. It was search.

Pinterest reported its first billion-dollar quarter last week. Revenue hit $1.008 billion in the first three months of 2026, up 18 per cent year on year, with monthly active users reaching 631 million for the tenth consecutive quarter of double-digit u…

Denmark built Europe’s cleanest grid. AI data centres are overloading it.
Denmark built Europe’s cleanest grid. AI data centres are overloading it.

  Denmark generates more than 80 per cent of its electricity from renewable sources. Its wind farms, both onshore and offshore, have made the country a global model for clean energy transition. Its grid operator, Energinet, has spent decades building t…

Every government has an AI strategy. Dubai just gave its private sector a deadline.
Every government has an AI strategy. Dubai just gave its private sector a deadline.

Every major government now has an AI strategy. Most involve pilot programmes, task forces, and multi-year roadmaps that promise transformation without specifying a deadline. Dubai has taken a different approach. On Sunday, Crown Prince Sheikh Hamdan bi…

Apple spent a decade waiting for developers to build Wallet passes. Now it is letting users build their own.
Apple spent a decade waiting for developers to build Wallet passes. Now it is letting users build their own.

Apple has spent more than a decade trying to get every gym, cinema, airline, and transit system on Earth to build native passes for its Wallet app. Most have not. The gym down your street still gives you a QR code in a standalone app. The cinema chain …

A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need.
A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need.

  Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have bee…

Space weather could cost the satellite industry $40 billion in a single storm. A 15-person startup is building the forecast.
Space weather could cost the satellite industry $40 billion in a single storm. A 15-person startup is building the forecast.

There are more than 8,000 active satellites in orbit. By 2030, there will be more than 25,000. A single geomagnetic storm, the kind the sun produces several hundred times during a solar maximum, could cost the satellite industry $40 billion. In Februar…

STMicroelectronics targets more than $3bn from space, riding the satellite constellation boom
STMicroelectronics targets more than $3bn from space, riding the satellite constellation boom

The Geneva-based chipmaker has shipped over 5 billion RF antenna chips to Starlink and now expects its low-Earth-orbit business alone to deliver more than $3bn in cumulative revenue between 2026 and 2028. Orbital data centres are an option for later. W…