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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

SpaceX reportedly mulling Tesla merger or tie-up with Elon Musk’s xAI firm

Rocket company examining feasibility of both options before potential $1.5tn stock market flotation, report says

Apple reports massive spike in iPhone revenue, particularly in China

The iPhone maker reported first-quarter earnings after market close

Universal basic income could be used to soften hit from AI job losses in UK, minister says

Lord Stockwood says people in government ‘definitely’ talking about idea as technology disrupts industries

US robotaxis undergo training for London’s quirks before planned rollout this year

Waymo cars have been earning their stripes by getting used to zebra crossings while awaiting a government green light

Microsoft shrugs off AI bubble fears again with strong financial results

Company reports second-quarter revenues of $81.27bn but posts slowing growth in key cloud computing business

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  • ‘It feels like they’re pulling figures out of the sky’: UK pet owners welcome crackdown on vet fees
  • How EVs could be part of answer to UK’s fuel reserve worries
  • The great care home cash grab: how private equity turned vulnerable elderly people into human ATMs
  • Saving for a pension: why gen Z aren’t all banking on retirement
  • ‘Canadians don’t want to come here any more’: anger over Trump squeezes US border businesses
  • These CEOs want a starring role in our lives – and there’s not much we can do about it
  • Hundreds of North Sea licences granted by Tories ‘produce only 36 days of gas’
  • UK ‘weeks away’ from medicine shortages if Iran war continues, experts say
  • Wall Street hits six-month low and Dow falls into correction as Trump ‘appears to lose his grip on markets’ – as it happened
  • Lloyds bank faces £66m court battle with car loan customers
  • UK government borrowing costs hit 5% as Iran war fuels bond market sell-off
  • Asda warns of ‘temporary shortages’ at some petrol pumps amid Iran war
  • Italy investigates beauty brands over concerns about young girls’ mental health
  • Ministers should ‘start doing stuff’ to help farmers and cut fuel costs, says Asda boss
  • ‘It’s fired people up’: support grows, including within Labor, for new gas tax to curb wartime profits
  • Blink and miss: Trump’s tactic of threats first and U-turn later is proving stale in Iran war
  • Brendan Carr: is Trump’s FCC chair uniquely powerful or a paper tiger?
  • UK car production falls 17% as industry warns of ‘worrying’ decline
  • Almost half a million Lloyds customers had personal data exposed in IT glitch
  • $30 an hour by 2030: new pushes to increase minimum wage in New York and California
  • Five firms including Autotrader and Just Eat investigated over fake review failings
  • I was paid to write fake Google reviews – then my ‘bosses’ tried to scam me
  • Governments controlling prices? It has long been unthinkable – but may now be inevitable
  • Trump signature to appear on US currency in first for sitting president
  • US markets see biggest slump since start of US-Israel war on Iran
  • The Guardian view on China and Iran: the war poses bigger questions for Beijing than where to get its oil
  • NS&I boss forced out as bank faces £470m payout over missing savings
  • The Middle East price shock hasn’t hit Next – yet
  • ‘Tehran’s tollbooth’: a visual guide to how a trickle of ships still passes through strait of Hormuz
  • NS&I chief executive replaced in ‘fresh start’ over missing savings crisis; bad day for markets – as it happened

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