Microsoft told its Xbox staff the truth in blunt terms: the business “is not healthy.” The fix? 3,200 job cuts, five studios out the door, two of them European. Xbox chief executive Asha Sharma laid it out in an official memo on Monday. She called it the most significant restructure in the division’s history. Xbox […] This story continues at The Next Web Read more ›
0
Broadcom has extended its long-running relationship with Apple through 2031, signing new multi-year agreements to design and supply a range of custom chips for the iPhone maker. The deal deepens one of the most important supplier relationships in consumer electronics, and it sent Broadcom’s shares up around 4% as investors read it as a guarantee […] This story continues at The Next Web Read more ›
0
Five months ago, Uber promised to storm five new European countries with its food-delivery app. It just quietly hit the brakes, and the reason looks a lot like a €10bn takeover. Uber has paused five of its seven planned 2026 European launches, the Financial Times reported. Uber announced the push in February, targeting Austria, Norway, […] This story continues at The Next Web Read more ›
0
Meta has sold millions of camera-equipped smart glasses, and landed in a privacy storm for it. A Shenzhen startup is betting $1bn that the smarter move is to leave the camera off. Even Realities has raised $150m at a $1 billion valuation, TechCrunch reported. Chinese giants Meituan and Tencent led the round. It makes the […] This story continues at The Next Web Read more ›
0
Denmark has taken a side in one of the quieter but more consequential legal battles over how the internet pays for journalism. The Danish government has filed a written intervention at the Court of Justice of the European Union, backing Belgium in a case brought by a group of technology companies that dispute how Belgium […] This story continues at The Next Web Read more ›
0
The last wave of AI learned to describe the world. The next needs to learn how the world pushes back. A Cambridge startup thinks the answer hides inside video games. Worldmodeldata has raised £7m (€8m) to turn gameplay into AI training data, Tech Funding News reported. London’s Iona Star Capital led the seed round. Lord […] This story continues at The Next Web Read more ›
0
Hedge funds cut their holdings of semiconductor stocks for a fourth straight week, according to Goldman Sachs prime brokerage data, in a run of selling that has made chipmakers and their equipment suppliers the most heavily net-sold corner of the US market. The move comes as parts of the AI trade wobble, and it will […] This story continues at The Next Web Read more ›
0
Your prescription, printed to order. A Finnish startup wants to turn the back room of your pharmacy into a tiny, automated drug factory, and it just raised $14m to do it in America. CurifyLabs has closed a $14m (€12m) Series A, the company announced. The Helsinki firm makes machines and software that let pharmacies 3D-print […] This story continues at The Next Web Read more ›
0
Everyone wants the power of AI. Few want to hand their most sensitive data to a foreign cloud to get it. A Basque startup thinks it has the fix. Sherpa.ai has raised $18m to build AI that never sees your raw data, tech.eu reported. The Spanish company sells to banks, hospitals and governments, the customers […] This story continues at The Next Web Read more ›
0
Britain should consider whether large language models such as ChatGPT, Claude, and Gemini ought to be regulated as they increasingly influence how consumers make financial decisions, a senior official at the Financial Conduct Authority has said. Sheldon Mills, an executive director at the FCA, argued that the existing rulebook will have to evolve as firms […] This story continues at The Next Web Read more ›
0
Most tech founders chase a bigger valuation. Thought Machine’s boss would rather talk about revenue, and he has just crossed a milestone worth boasting about. The London core-banking company has passed $100m in annual revenue for the first time, tech.eu reported. It also took a fresh £30m ($41m) from a “tier 1” bank, and pushed […] This story continues at The Next Web Read more ›
0
ITV has agreed to sell its media and entertainment division to Sky, the Comcast-owned broadcaster, in a deal worth up to £1.6bn that redraws the map of British television. The transaction hands Sky the ITV channels and the ITVX streaming service, and leaves the seller as a pure production business, a split that arrives as […] This story continues at The Next Web Read more ›
0
Britain’s foreign secretary has a stark analogy for artificial intelligence. Do not wait for its Hiroshima moment before writing the rules. Yvette Cooper will warn that AI could become the “greatest security challenge of the next decade,” according to Bloomberg. She sets it out in an essay for the Chatham House think tank, published on […] This story continues at The Next Web Read more ›
0
Nvidia powers almost every self-driving car project going. A small Japanese startup is quietly handing some of that work to AMD instead. Turing Inc. has added AMD Ventures to its backers and started running its AI on AMD chips, Bloomberg reported. The five-year-old Tokyo firm wants to put self-driving software in consumer cars and robotaxis […] This story continues at The Next Web Read more ›
0
Unimicron Technology is looking to raise as much as $1.4bn from a sale of global depositary shares, joining the long line of companies cashing in on investors’ appetite for anything tied to artificial intelligence. The Taiwanese firm is selling 50 million shares at $26.96 to $27.76 each, a discount of roughly 3% to 6% to […] This story continues at The Next Web Read more ›
0
Tesla’s driverless cabs have reached a fifth US city. This time, there is no human minder in the car at all. The company rolled out its Robotaxi service in part of Miami on Friday, it announced on X. A map in the post showed a small patch of West Miami, well away from the busy […] This story continues at The Next Web Read more ›
0
The studios suing Midjourney say it trained AI on their characters without permission. Midjourney’s answer: prove you do not do exactly the same thing. The AI image generator wants a US federal judge to intervene. It has asked the court to force the studios suing it to reveal how they use AI internally, Variety reported. […] This story continues at The Next Web Read more ›
0
Luxshare Precision is set to price its Hong Kong listing at the top of its range, a sign of strong demand for one of the year’s marquee share sales. The Apple supplier plans to fix the offer at the maximum HK$63.28 a share, according to people cited by Bloomberg, raising as much as $3.1bn and […] This story continues at The Next Web Read more ›
0
Solstice Advanced Materials is in talks to merge with Element Solutions in a deal that would create a specialty-materials company worth about $27bn, according to a Financial Times report. The two would combine as a merger of equals, the paper says, and could reach an agreement as soon as this week, though nothing has been […] This story continues at The Next Web Read more ›
0
Nvidia can barely sell its best chips in China. A crop of local challengers is racing to fill the gap. One of them just raised nearly $900m to speed up. Shanghai Biren Technology is selling HK$7 billion (about $892.5m) of new shares to boost GPU production. That is according to the South China Morning Post. […] This story continues at The Next Web Read more ›
0
Most popular sources
ScienceDaily
|
0% |
AlleyWatch
|
0% |
Ubergizmo
|
0% |
StartupNation
|
0% |
Droid Life
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
23.07.2026 06:40
Last update: 06:36 EDT.
News rating updated: 13:30.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.