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Meta Limits Employee Activity Tracking to 30-Minute Intervals Amid Backlash

Meta has revised its employee tracking tool, allowing workers to pause data collection for 30 minutes amid internal backlash and privacy concerns.

3 min read

Getty Images A row of workers looking at their laptops in a brightly lit office. The icture focuses on a woman looking at a monitor in a red and white striped blouse, with her dark hair in a ponytail.

UK Publishers Can Opt Out of Google AI Search Result Summaries

The UK Competition and Markets Authority allows publishers to opt out of Google's AI search summaries, aiming to improve negotiation power and ensure proper content attribution amid traffic declines.

2 min read

Alphabet Plans $80bn AI Fundraise as UK Youth Unemployment Nears 18%

Alphabet plans an $80bn equity raise to fund AI infrastructure amid rising UK youth unemployment nearing 18%. The AI boom drives market shifts, while geopolitical tensions impact oil prices and inflation rises in the eurozone.

15 min read

Confused AI Rollouts Challenge Firms and Confuse Employees

Companies rushing AI adoption often face confusion and poor results due to unclear goals, inconsistent management, and cultural challenges, as seen in firms and government sectors.

4 min read

Getty Images Stock shot of a woman in an orange top at a computer. She looks concerned.

OpenAI Offers UK Banks Access to Cybersecurity AI After Anthropic Blocks Mythos

OpenAI offers nine UK banks access to its cybersecurity AI GPT-5.5 Cyber after Anthropic blocks them from using its Mythos tool, raising concerns over financial system security.

3 min read

Reuters View of the major buildings of the City of London, headquarters to many financial firms, at dawn. The low sun off screen to the right illuminates the facades of the many multistorey skyscrapers, with the turrets of the Tower of London in the foreground.

Valve Raises Steam Deck Prices Over 40% Citing Rising Component Costs

Valve has raised Steam Deck prices by over 40%, citing rising memory and storage costs amid global supply challenges. The 512GB OLED model now costs $789, and the 1TB model $949, prompting concerns about future Valve products and industry-wide price hikes.

3 min read

Valve A white OLED Steam Deck on a blue background, turned on with different game titles on the screen

SK Hynix and Micron Join $1 Trillion Valuation Club Amid AI Chip Demand

SK Hynix and Micron have surpassed $1 trillion valuations amid soaring AI chip demand, joining tech giants like Nvidia and Samsung in this elite group.

2 min read

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 Reports Record Q1 Results but Shares Dip Amid Investor Caution

Nvidia posted record Q1 revenue and profits driven by AI demand but shares fell amid investor caution and competition concerns, while the company concedes the Chinese market to Huawei.

3 min read

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.

Meta Faces Potential Loss of Up to 350 Jobs in Ireland Amid Global Cuts

Meta plans to cut up to 350 jobs in Ireland as part of a global 10% workforce reduction amid increased AI investment and ongoing restructuring.

2 min read