Apple eyes blacklisted Chinese supplier to ease chip shortage June 27, 2026 Apple has reportedly lobbied the Trump administration for permission to buy memory chips from a Chinese manufacturer blacklisted by the Pentagon, as the AI boom continues to squeeze global semiconductor supplies. The iPhone maker has approached US officials seeking reassurance over sourcing memory chips from ChangXin Memory Technologies (CXMT), according to the Financial Times, after [...]
Meta’s prediction markets app to prompt scrutiny from British regulators June 26, 2026 Meta’s reported plans to launch a standalone prediction market app could face regulatory hurdles in Britain, where rival US platforms have already struggled to gain access to one of the world’s largest betting markets. The New York Times reported on Wednesday that the Facebook owner is internally developing Arena, a new experimental prediction market product [...]
Tesla casts long shadow over SpaceX’s bumpy market debut June 25, 2026 Tesla’s record-breaking returns for early investors have become something of a benchmark for SpaceX as Elon Musk’s latest company weathers a volatile start to life on the public markets. SpaceX shares have fallen more than 20 per cent from their post-IPO high after briefly pushing the company above a $2 trillion (£1.5 trillion) valuation in [...]
Defence and immigration help Serco weather outsourcing pressure June 25, 2026 Serco said a boost in defence contracts and higher demand for its immigration services across Europe helped offset delays in its North America business, as it reiterated guidance for the year. The FTSE 250 outsourcing group said revenue for the first six months of the year is expected to rise around three per cent to [...]
London’s heatwave is a boon for Lime bikes June 24, 2026 As temperatures climb across the capital and commuters look for ways to avoid stuffy Tube carriages, London’s heatwave is turning into a major boost for the micromobility industry. Lime, the Uber-backed e-bike giant preparing for a New York stock market listing, has seen demand surge as Londoners swap public transport for two wheels. During May’s [...]
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 [...]
