Pizza Hut’s AI delivery system cooks up $100 million franchisee lawsuit — deliveries allegedly shot from under 30 minutes to over 45 under new system

Pizza Hut’s AI delivery system allegedly cost one franchisee $100 million in lost business, resulting in a spicy lawsuit to recover the lost dough.
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SMIC founder and AMEC CEO urge Chinese fabs to test domestic chipmaking tools on active production lines — equipment makers post record revenue but falling margins

China’s semiconductor equipment vendors collectively posted record revenues in 2025, but profitability is under pressure from domestic price competition.
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Physical attacks against crypto holders, including kidnap and assault, up 75% in 2025 — 72 confirmed incidents see $41 million lost, real number likely higher

Large cryptocurrency holders are increasingly being targeted by criminals as large wallets are traced back to their owners. Because of this, many firms and individuals are now investing in physical security and bodyguards,…

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Standard Chartered plans to cut 7,000 jobs in AI push — lender wants to replace ‘lower-value human capital’ and focus on automation

Standard Chartered says that it will trim a huge number of positions from its back offices in a bid to increase automation.
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Intel tells PC makers to adopt 18A CPUs or lose their supply, report claims — Intel 7 supply dries up, pressuring notebook and PC manufacturers in the US, China, and Taiwan

Intel has redirected its constrained Intel 7 capacity toward server and industrial customers.

Jury throws out Elon Musk’s lawsuit against OpenAI after less than two hours of deliberation — Unanimous vote that Musk filed the lawsuit too late

A federal jury in Oakland, California, on Monday unanimously rejected every claim in Elon Musk’s lawsuit against OpenAI.
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College students drown out AI-praising commencement speeches with boos — ‘deal with it’ one speaker fires back as students heckle positive pitches for AI’s role

Ex-Google CEO Eric Schmidt found himself booed and jeered as he gave the commencement address at the University of Arizona, telling the students AI will “shape the world.”
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Record-high pricing pushes SSD and memory makers to borrow $880 million just to afford buying chips — Adata, TeamGroup, and others take on substantial debt to survive shortages

Adata is the largest single borrower in the group, having completed a NT$2 billion convertible bond issuance and secured NT$12 billion in bank loans.
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China says ‘world’s first’ offshore wind-powered underwater data center has entered full operation, houses 2,000 servers — 24 megawatt subsea AI facility uses ocean water for passive cooling and offshore wind for power

China has begun full operations at a 24 MW underwater AI data center off Shanghai’s coast, using offshore wind power and seawater cooling to reduce energy consumption and improve efficiency
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Samsung granted court injunction against imminent strike action in last-minute reprieve — talks resume as unions barred from occupying or locking facilities, obstructing workers

Samsung has been granted an injunction to limit the scope of planned strike action ahead of an 18-day walkout due to start on Thursday.
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