HSBC is the only UK name on $13 trillion list of top global brands Banking The rise of AI has shaken up an influential ranking of global big-name firms, as the competition to become one of the world’s elite brands becomes fiercer than ever, according to an influential index tracking the corporate elite. The Kantar Brandz Top 100 – which ranks the value of brands – unveiled on Thursday, is [...]
Lime races SpaceX and OpenAI to IPO as revenues soar Tech Lime, the Uber-backed e-bike giant, filed for a Nasdaq listing over the weekend, joining a growing cohort of tech giants racing toward public markets this year. The Silicon-Valley based micromobility titan, known for its ubiquitous green bikes, plans to list on Nasdaq this year, following revenues jumping 29 per cent to $886.7m (£665m) in 2025, [...]
Meta can read your Instagram DMs from today Tech Instagram users are waking up to a major privacy rollback after Meta officially switched off end-to-end encrypted direct messages, giving the tech giant far greater visibility into private conversations shared across the app. From today, users who previously enabled Instagram’s optional encrypted chats will lose access to the feature entirely, with all messages reverting back [...]
AMD stock soars as AI chip demand drives quarterly results May 6, 2026 Advanced Micro Devices (AMD) sent its stock soaring after flying past Wall Street estimates for the first quarter of the year, thanks to swelling AI infrastructure demand. AMD shares rose 15 per cent after hours on Tuesday, after the Santa Clara-headquartered chipmaker reported $10.3bn revenue, up 38 per cent on the same period last year. [...]
OpenAI listing plans hit as Altman scraps robotics spin-off idea May 5, 2026 Tech behemoth OpenAI internally shelved plans to spin off its robotics and consumer hardware divisions, as chief executive Sam Altman tightens focus ahead of a potential IPO that could value the company at up to $1 trillion (£737bn). The proposed restructure, as first reported by the Wall Street Journal, would have mirrored Alphabet’s model, separating [...]
The AI bubble has a name – and it’s OpenAI April 29, 2026 For three years, Sam Altman has worn the badge of greatest pitchman in the history of tech. He sold the world a vision of artificial general intelligence – a machine that thinks, reasons and creates – and sold investors the bill to build it. The man raised more capital in a single funding round than [...]
Bezos AI lab eyes King’s Cross Silicon Valley hub April 27, 2026 Amazon founder Jeff Bezos’s AI venture is in talks to expand in London, joining a growing cluster of AI giants around King’s Cross, which is increasingly being seen as the UK’s rival to Silicon Valley. Project Prometheus, the billionaire’s secretive AI lab, is in talks of taking up office space within the Jellicoe Buiding, the [...]
Musk rolls out Cybercab after mixed Tesla results April 24, 2026 Tesla boss Elon Musk has confirmed production of the firm’s long-awaited Cybercab robotaxi has begun, as the car giant doubles down on AI and autonomy following a mixed set of quarterly results. Speaking on Tesla’s first quarter 2026 earnings call, Musk said: “We have just started production of Cybercab.” He also shared a short promotional [...]
Who is John Ternus? The man stepping into Tim Cook’s giant shoes at Apple April 21, 2026 Fifteen years ago, Tim Cook inherited a $350bn tech company that had just lost one of the most celebrated chief executives in corporate history. On Monday, he handed it on worth $4 trillion. Cook will step down as Apple’s chief executive on 1 September 2026, with John Ternus, the company’s hardware engineering chief and a [...]
Why Westminster’s finest keep ending up on Big Tech’s payroll March 26, 2026 There is a sense of irony in that the employees Silicon Valley’s tech giants most want to hire, are actually the ones who spent years in the public sector trying to work out what to do about them. Nick Clegg, who served as deputy Prime Minister sat through more than one anxious Whitehall discussion about [...]