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South Korea Fines Coupang $400M for Massive Data Breach Affecting Millions

South Korea fined Coupang over $400m for a data breach exposing 30 million customers' personal data, marking the largest penalty by the PIPC for such an incident.

3 min read

Bloomberg via Getty Images Coupang employees load items into a truck at one of the company's delivery centers in Seoul

Business Secretary Would Have Blocked Sale of UK Tech Giant ARM Holdings

Business Secretary Peter Kyle said he would have blocked ARM Holdings' sale to Softbank, lamenting lost UK tech wealth and outlining government plans to support British tech firms amid challenges in other sectors.

3 min read

PA Media Peter smiles while standing in front of a blurry pale yellow background. He is wearing a light grey suit jacket, white shirt and deep red tie.

Kainos to Create 341 New Jobs in Northern Ireland Over Three Years

Kainos, Northern Ireland's largest software firm, plans to create 341 new jobs over three years, investing £19.8m to meet rising AI demand, with support from government and Invest NI.

3 min read

BBC Brendan Mooney is wearing a blue jacket and light pink open-necked shirt. He has grey hair and is wearing dark-rimmed glasses and is smiling

TSMC Signals Possible Chip Price Increases Amid Rising Costs

TSMC, the world's largest chipmaker, cites inflation-driven cost increases and does not rule out price rises, while emphasizing technology leadership and denying AI boom is a bubble.

3 min read

BBC BBC correspondent Suranjana Tewari sitting with TSMC's Wendell Huang for interview

EU Orders Meta to Open WhatsApp to Rival AI Chatbots Amid Antitrust Probe

The EU has ordered Meta to allow rival AI chatbots free access to WhatsApp amid an ongoing antitrust investigation, prompting Meta to accuse the Commission of regulatory overreach and announce an appeal.

3 min read

SpaceX IPO: Elon Musk’s Boldest Venture Aims to Revolutionize Space and AI

SpaceX’s upcoming IPO, valued at $1.75 trillion, marks a historic moment as Elon Musk offers public shares in a company blending space exploration and AI ambitions, sparking global investor interest and debate over control and valuation.

9 min read

BBC Two treated images of a SpaceX Starship on top of a Super Heavy booster at the launch pad, with a zoomed-in image of Elon Musk on the right.

Meta’s Naomi Gleit on AI, Jobs, and Mark Zuckerberg’s Leadership

Naomi Gleit, Meta’s longest-serving employee, discusses AI’s impact on business, workforce transformation, and offers insight into Mark Zuckerberg’s leadership and company culture.

4 min read

BBC Gleit wears a sleeveless black blazer, and is sitting on a chair in front of a large glossy wood panelled room. A large vase of colourful flowers is also blurred in the background behind her.

SpaceX Delays Starship Launch, Plans New Attempt Friday

SpaceX has postponed the Starship V3 rocket launch, rescheduling for Friday amid plans for a historic IPO that could make Elon Musk the first trillionaire.

2 min read

Reuters Stormy weather, rolling in from the Gulf at sunrise, surrounds the SpaceX Starship spacecraft and the Super Heavy Booster as preparations continue for the 12th test flight of the Starship spacecraft in Starbase, Texas, U.S., May 21, 2026.

Nvidia Surpasses Earnings Expectations Amid AI Chip Surge; Asian Tech Stocks Rally

Nvidia reports record $81.6bn revenue amid AI chip demand, boosting Asian markets. UK tax proposals and SpaceX's Nasdaq IPO plans also highlight today's business news.

3 min read

Jensen Huang, chief executive of Nvidia, speaks during the Milken Institute Global Conference 2026 in Beverly Hills, California, US, May, 4, 2026

Samsung Workers Suspend Strike After Tentative AI Bonus Pay Deal

Samsung's largest union has paused a planned strike after a tentative pay deal amid AI chip demand. The dispute centers on bonus distribution between memory chip workers and others, with potential global supply chain impacts.

4 min read

Bloomberg via Getty Images Samsung Electronics Co. workers chant slogans during a rally outside the company's semiconductor plant in Pyeongtaek, South Korea, on Thursday, 23 April, 2026.

Millions Saved by Replacing Palantir Tech in UK Refugee Housing System

The UK government saved millions by replacing Palantir's tech in the Homes for Ukraine refugee scheme with an in-house system, enhancing flexibility, security, and cost-efficiency while reducing reliance on external suppliers.

5 min read

Getty Images A semidetached victorian house. In the front garden a yellow and blue ukrainian flag has been erected. A window box has also been painted yellow.

Why Major Tech Firms Are Embracing Cute Mascots to Connect with Users

Major tech companies like Microsoft and Apple are adopting cute mascots to humanize brands and engage customers, despite some concerns about personalization and consumer trust.

5 min read

Microsoft Microsoft's Mico cartoon character

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