Report: SpaceX IPO gives Musk unchecked power and forbids investor lawsuits
SpaceX’s plan to go public will reportedly give CEO Elon Musk “virtually unchecked executive authority” and limit the rights of shareholders to sue the company.
Category: Tech
Google DeepMind partners with EVE Online for AI model testing
Google’s AI-focused DeepMind division has taken a minority stake in the developer of popular sci-fi simulation EVE Online, saying it will use the game to
Google offers EU concessions on news-search ranking to head off a fresh DMA fine
The proposals filed in Brussels aim to settle the European Commission’s investigation into whether Google has been demoting publishers’ pages with third-party advertising content. Failure
Supreme Court refuses to pause the order holding Apple in contempt in the Epic case
Justice Elena Kagan denied Apple’s emergency stay application on Wednesday on behalf of the court, declining to refer the request to the full bench. Apple
ServiceNow continues its AI transformation with an integrated experience
ServiceNow has unveiled updates to its workflow management platform advancing its redefinition of itself as the “AI control tower for business reinvention” at its Knowledge
Apple Intelligence hype cost the company $250M
The mishaps around Apple Intelligence have gone beyond denting Apple’s reputation – they have also cost the company $250 million in damages over smarter Siri
NVIDIA takes warrants for $500m in Corning stock as fibre-optics partnership goes structural
The deal pairs a 15-million-share warrant at $180 with a pre-funded warrant for 3 million more, against a Corning commitment to build three new US
SpaceX files for a $55bn Texas semiconductor fab, with combined chipmaking investment reaching $119bn
The Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet
LiveEO raises €28m to take its civil-infrastructure satellite stack into European defence
The Berlin geospatial-AI company has closed the first slice of a new round, with defence VC Helantic alongside Nordic Ninja, MMC, and the EIC. Most
Ametek to buy Indicor’s instrumentation businesses for $5bn, the largest CD&R partial exit of 2026
Clayton, Dubilier & Rice banks one of the cleanest mid-market industrial partial exits of 2026, three and a half years after carving the portfolio out
Give yourself an on-demand Android taskbar
Holy moly, I am flying around my phone this week. It’s a wild feeling — especially since Google’s grand I/O gala, which is traditionally the
Character.AI sued over chatbot that claims to be a real doctor with a license
Pennsylvania has sued the maker of Character.AI, alleging that it violated state law by presenting an AI chatbot character as a licensed doctor. The lawsuit
Widely used Daemon Tools disk app backdoored in monthlong supply-chain attack
Daemon Tools, a widely used app for mounting disk images, has been backdoored in a monthlong compromise that has pushed malicious updates from the servers
American Factories Lag in Adopting A.I. This Drugmaker Is an Exception.
A Bristol Myers Squibb plant that makes cancer drugs was the only manufacturer in the U.S. recognized for innovation by the World Economic Forum this