Meta reports mixed financial results amid spree of AI hiring and spending
Tech company brings in record quarterly revenue but major tax bill dampens earnings per share
Google parent Alphabet beats forecasts with first $100bn quarter
Strong demand for ads and cloud services powered tech giant’s growth as it makes multibillion-dollar AI investment
EU carmakers ‘days away’ from halting work as chip war with China escalates
Industry body says reserves of Nexperia semiconductors are dwindling after Beijing bans exports of key components
Nvidia becomes world’s first $5tn company amid stock market and AI boom
Silicon Valley chipmaker hits $5tn valuation just three months after it was first to break through the $4tn barrier
Apple hits $4tn market value as new iPhone models revitalize sales
Tech company’s stock enters positive territory for first time this year after gaining about 13% since new iPhone launches
OpenAI completes conversion to for-profit business after lengthy legal saga
Restructuring paves way for ChatGPT maker to more easily raise capital and profit off its AI technology
UK steps up review of headlight glare as drivers complain of being dazzled
Considerations include changes to headlight standards and clampdown on illegal sale of overly powerful bulbs
Amazon confirms plans to lay off 14,000 corporate workers as part of wave of cuts
Retail giant, which is vying to reverse pandemic hiring spree, attempts to cut costs and slim down its operation
AI can help authors beat writer’s block, says Bloomsbury chief
Publisher last week reported jump in revenue in academic and professional arm thanks to AI licensing deal
The Guardian view on electronic implants: a new way of seeing, not of being
Editorial: Electronic implants are helping people see again. Their promise is profound, but so are the risks. Progress must be guided by ethics and accessibility
Meta found in breach of EU law over ‘ineffective’ complaints system for flagging illegal content
European Commission initial finding says Facebook and Instagram introduced unnecessary steps for users to submit reports
Surge in UK savings lost to investment scams, with fake crypto thought to top the list
Banking industry data shows £629m was stolen in six months from fraud that included gold, wine and property
Trump pardons founder of Binance, world’s largest crypto exchange
Changpeng Zhao pleaded guilty to failing to stop money laundering in 2023 and was sentenced to four months
Donors for Trump’s $300m White House ballroom include Google, Apple and Palantir
Work under way to demolish entire East Wing as president upped cost of new structure from $200m to $300m
Once the AI bubble pops, we’ll all suffer. Could that be better than letting it grow unabated?
The world will be pushed into a recession, but perhaps we can build something more promising from the pieces