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Google parent earnings beat projections amid plans to invest deeply in AI

Alphabet reports $34.5bn profit and revenue soars 48% in recent quarter as it plans a sharp increase in AI spending

Chinese carmaker Chery to launch fourth brand in UK

State-owned company will sell under the Lepas brand, continuing its rapid expansion in the British market

Striking Starbucks workers urge customers to delete coffee chain’s app

Unionized baristas continue to fight for a fair contract and ask public for solidarity as strike stretches into third month

Pinterest sacks two engineers for creating software to identify fired workers

Digital pinboard business cutting 15% of workforce as it invests heavily in AI

Women in tech and finance at higher risk from AI job losses, report says

‘Mid-career’ female workers also being sidelined by rigid hiring processes, says City of London Corporation

Elon Musk is taking SpaceX’s minority shareholders for a ride

Merger with loss-making xAI looks to some investors more like a bailout than a rocket trip to the future

Anthropic’s launch of AI legal tool hits shares in European data companies

Pearson, Experian and others fall sharply after startup unveils software to automate a range of professional services

Washington Post owner Jeff Bezos stays silent as employees brace for cuts

Bezos has not publicly responded to several letters sent by Post staffers urging him to curb potential layoffs

Elon Musk merges SpaceX with xAI at $1.25tn valuation

Aerospace business and artificial intelligence firm to unite for IPO as world’s most valuable private company

‘Deepfakes spreading and more AI companions’: seven takeaways from the latest artificial intelligence safety report

Annual review highlights growing capabilities of AI models, while examining issues from cyber-attacks to job disruption

Palantir beats Wall Street expectations amid Trump immigration crackdown

CEO Alex Karp hails ‘iconic’ financial results despite criticism over contracts with ICE and homeland security

Barnsley rebranded UK’s first ‘tech town’ as US giants join AI push

Minister announces Microsoft, Cisco and Adobe to help apply AI to local schools, hospitals, GPs and businesses

Will corporate America finally stand up to the Trump administration?

The brutal handling of immigration raids and the killing of Alex Pretti have tested the reticence of the corporate class

Alarm raised over Chinese CCTV cameras guarding ‘symbol of democracy’ Magna Carta

Campaigners criticise use of ‘vulnerable’ devices at Salisbury Cathedral and Parthenon despite their removal from sensitive UK government sites

UK new car buyers drive a bargain as average discount nears £6,000

Motorists benefit as industry offers deals of up to 18% off to attract buyers for petrol, diesel and electric models

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  • Leaks, lawyers and a whistleblower: how did KPMG’s failings emerge – and could more have been done?
  • The AI bubble has further to run despite the looming crash
  • Trump threatens 100% tariff on European countries that impose digital tax
  • Here’s what to do if your StubHub World Cup resale ticket is canceled
  • Parents booking air-conditioned hotels to keep babies safe in UK heatwave
  • Reporter urges US supreme court to halt ruling forcing her to reveal sources or pay $800-a-day fine
  • Climate sceptics cheering as they melt in record temperatures? This heatwave is where satire has come to die
  • Great Britain’s grid operator warns again over power supplies in heatwave
  • Key TG Jones landlords back restructuring plan; oil price hits four-month low – as it happened
  • VW plans to cut up to 100,000 jobs and shut plants, report says
  • OpenAI staggers AI model release after Trump administration request
  • ‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs
  • ‘Make people dream’: how to build an economy for the common good
  • ITV shelves rugby in-game adverts after brands pour cash into World Cup instead
  • Revolut pushes new recruits into office in shift from ‘remote-first’ policy
  • First major hydropower projects in Great Britain in 40 years given go-ahead
  • As billionaires’ wealth soars, US workers struggle: ‘The rich keep getting richer for no good reason’
  • Heathrow expects fall in passengers and profits this year because of Iran war
  • Too hot for work: why extreme heat is a threat to Europe’s productivity
  • Crown estate makes more than £1bn profit for third year running
  • US media regulator Brendan Carr accuses Disney of ‘misinformation’ on investigations
  • ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM
  • Burnham could become PM on 17 July based on Labour leadership contest timetable – as it happened
  • Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – as it happened
  • Unison chief endorses Ed Miliband for chancellor in a Burnham government
  • US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
  • Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
  • Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
  • Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
  • Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation

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