Alphabet to join Dow Jones in rare index reshuffle June 24, 2026 Alphabet will replace Verizon Communications in the Dow Jones Industrial Average next week, S&P Dow Jones Indices announced on Wednesday, in the blue-chip index’s first structural change since Nvidia displaced Intel in 2024. The Google parent’s Class A shares will join other members of the so-called Magnificent Seven including Nvidia, Amazon, Apple and Microsoft in [...]
Pigment boss: ‘We’re replacing legacy players at the speed of light’ June 24, 2026 Eléonore Crespo, co-founder and chief executive of Pigment, said the company is replacing legacy enterprise software providers “at the speed of light”, as demand for AI-native business planning accelerates across the private sector. The Paris-headquartered platform, which helps companies including Unilever, Siemens, Anthropic and Coca-Cola run financial planning and performance management, is approaching $100m (£75m) [...]
SpaceX snaps up AI coding darling Cursor as valuation soars past Amazon June 16, 2026 Elon Musk’s SpaceX has overtaken Amazon to become the world’s fifth-largest listed company after a blistering post-IPO rally, as the newly public firm unveiled a $60bn (£45bn) takeover of AI coding start-up Cursor. Shares in Musk’s rocket and AI giant rose more than eight per cent in pre-market trading on Tuesday, extending a surge that [...]
Musk brands UK a ‘police state’ as Big Tech rebels against Starmer’s social media ban June 16, 2026 Elon Musk, Meta and Google’s YouTube have all attacked Keir Starmer’s planned social media ban for under-16s, warning the restrictions will drive teenagers towards less safe corners of the internet and create sweeping new surveillance powers. The backlash comes as ministers consider forcing Apple and Google to carry out age checks on millions of British [...]
Lyft bets black cabs and robotaxis can share London’s streets June 16, 2026 Lyft is preparing to bring Chinese robotaxis to London and believes autonomous vehicles will grow the capital’s transport market rather than replace its drivers. The Uber rival has claimed the arrival of self-driving vehicles would create a “hybrid network” of robotaxis and human drivers, as the American mobility giant expands its presence across Britain through [...]
Adobe and LinkedIn target AI skills gap in marketing roles June 16, 2026 Adobe and LinkedIn have launched a new AI training programme for marketers as businesses accelerate their adoption of AI and demand for AI-skilled workers surges. Together, the firms are rolling out a free programme through LinkedIn Learning, Fortune reported, offering role-specific courses covering digital marketing, content creation, social media, communications, data and analytics. The launch [...]
Trump to reject UK plea over Anthropic ban as AI ‘kill switch’ fears grow June 16, 2026 The White House is poised to reject Keir Starmer’s attempt to restore British access to Anthropic’s most advanced AI models, in a move that has exposed how dependent the UK has become on a handful of American Big Techs. Downing Street has spent recent days lobbying Washington for an exemption after the Trump administration blocked [...]
Fuse boss attacks planning rules as a ‘self-imposed bottleneck for growth’ June 16, 2026 Alan Chang believes Britain’s energy crisis is largely self-inflicted. The founder of Fuse Energy, the $5bn (£3.72bn) energy supplier and infrastructure developer, argues that the UK already has the ingredients needed to drive investment in the sector. What it lacks, he says, is a planning system capable of turning that potential into projects. “There is [...]
Tiktok falls under ban just as brands ramp up ad spend June 16, 2026 Tiktok’s UK ad business has been growing 40 per cent year on year, with brands increasing spending ahead of what the firm expected to be its biggest trading period on record. But that momentum now faces a test after Keir Starmer confirmed plans to plan under-16s from accessing the platform. The social media giant, which [...]
BBC News faces hundreds of job cuts in major downsizing drive June 15, 2026 The BBC is expected to announce hundreds of job cuts across its core news division next week, as the broadcaster begins a sweeping cost-cutting programme ahead of crunch talks with ministers over its future funding. The corporation’s news operation is set to be the first part of the BBC to reveal detailed redundancy plans, according [...]
