US trade regulator and 22 states accuse Amazon of taking $20bn with secret surcharges

FTC alleges in lawsuit that online retailer ‘secretly and systematically overcharged’ advertisers for years

BT on track for estimated £2bn windfall from selling old copper amid AI boom

Telecoms company to benefit from soaring prices for recycled metal recovered from full-fibre broadband rollout

AI company faces multibillion dollar lawsuit over misuse of copyrighted songs to train Claude models

Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system

Small business owners have watched large companies fumble – and sometimes succeed – with AI, and then use what works

Planning delays and slow 5G upgrades could leave the UK unable to cope with a surge in AI-related traffic

Government says Green leader’s proposed moratorium on ‘energy-guzzling’ AI projects would be disaster for economy

In a disrupted job market people are turning to heritage crafts such as bookbinding, metalwork and boatbuilding

Minister calls for Instagram owner to extend sweeping new safeguards for young users to Britain

Decision not to improve resilience sooner described as ‘unacceptable gamble with our national security’

In 6,000-word essay Microsoft co-founder also expresses concern governments not prepared for technology’s impact

Transport secretary had said fully driverless taxis could start this spring but launch now looks unlikely this year

Also: OpenAI CEO Sam Altman expressed his surprising sympathy over the construction of datacenters across the country

Bitcoin rises above $80,000 for the first time since May amid uncertainty over US fiscal plans

Fears of a datacenter buildout debt crisis are exaggerated. The risks are different than in the past and they are recoverable