CBC plans to raise its annual technology spending to more than $771mn, according to Bloomberg, as Singapore’s second-largest lender leans harder into AI and digital banking. The increase marks one of the first strategic signals from Tan Teck Long, who took over as group chief executive on 1 January 2026. Tan succeeded Helen Wong, who retired at […] This story continues at The Next Web Read more ›
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Bending Spoons, the Milan software group that owns Vimeo, WeTransfer and Evernote, has priced its US initial public offering above the marketed range to raise $1.68bn. The company and existing shareholders, including Baillie Gifford, sold 57.97 million shares at $29 each, according to a statement reported by Bloomberg. That is above the $26 to $28 range […] This story continues at The Next Web Read more ›
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Aconsortium of more than 140 financial and technology companies, among them Visa, Mastercard, Stripe and Coinbase, launched a new dollar-pegged stablecoin on Tuesday called Open USD. The venture, run by an independent company named Open Standard, is a direct swipe at the economics that have made Circle and Tether the dominant issuers in the sector. […] This story continues at The Next Web Read more ›
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Lime has priced its US initial public offering at $25 a share, according to Bloomberg News. That is the midpoint of the $24 to $26 range the company had marketed. The offering raised roughly $174m in total. Neutron Holdings, the corporate entity behind Lime, sold 6.68 million shares in the deal. Shareholders including chief executive Wayne […] This story continues at The Next Web Read more ›
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South Korea’s competition regulator has accused Google of abusing its dominant position in the Android app market, and signalled it will recommend corrective measures and a financial penalty. The Korea Fair Trade Commission said on Wednesday that its Market Surveillance Bureau found conduct affecting 14.16 trillion won, or roughly $9.1bn, in relevant revenue, according to Reuters. […] This story continues at The Next Web Read more ›
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Asia’s factories grew again in June, and the global scramble for AI hardware is doing much of the lifting, according to survey data published this week. Brisk demand for chips, servers, and data-centre equipment kept order books full even as the Iran war pushed up energy costs and lengthened shipping times across the region. The […] This story continues at The Next Web Read more ›
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The US Commerce Department has lifted the export controls it placed on Anthropic’s most advanced models, ending a roughly three-week freeze that had pulled the company’s Claude Fable 5 offline. Reuters first reported the move on Tuesday, 30 June, citing a person familiar with the decision. Within hours, Anthropic confirmed it on the record in […] This story continues at The Next Web Read more ›
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Microsoft is preparing to cut under 2.5% of its workforce in another round of layoffs, according to a Business Insider report picked up on Tuesday. The reductions could be announced as soon as next week, and they would affect thousands of roles across the company. Sales and consulting teams are in the frame, alongside jobs […] This story continues at The Next Web Read more ›
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Meta will have to defend in court the accusation that it built Facebook and Instagram to addict children, after a federal judge on Monday refused to dismiss the heart of a lawsuit brought by attorneys general from 29 states. US District Judge Yvonne Gonzalez Rogers, sitting in Oakland, California, let the states press claims that Meta […] This story continues at The Next Web Read more ›
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TikTok has reached a confidential settlement with a Florida teenager who accused the platform of contributing to his mental health problems, removing itself from a jury trial scheduled to begin on July 27 in Los Angeles. The deal, first reported by Bloomberg on Tuesday, makes TikTok the second defendant to exit the case in recent […] This story continues at The Next Web Read more ›
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Google on Tuesday released Nano Banana 2 Lite, the fastest and cheapest model in its Nano Banana family of AI image generators. The model produces images in four seconds and costs under four cents per thousand images, making it the company’s most aggressive play yet for developers who need to generate visuals at scale. It […] This story continues at The Next Web Read more ›
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Clicks Technology released a video on Tuesday showing the pre-production hardware and internal software of its Communicator, a $499 smartphone with a physical keyboard that is the closest thing to a new BlackBerry anyone has built in years. The phone was first unveiled at CES in January and is scheduled to ship in the fourth […] This story continues at The Next Web Read more ›
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Last month I checked into a hotel for a conference. Open laptop. Click WiFi. Hotel network. The familiar splash screen appears: enter your room number, your last name, accept the terms. Standard. What’s no longer standard is what’s running behind that splash screen. The captive portal, that login page you see before you can actually […] This story continues at The Next Web Read more ›
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Anthropic has launched Claude Sonnet 5, its most agentic mid-tier model yet. It runs close to the flagship Opus 4.8 on many tasks, but costs less than half as much. Anthropic said on June 30, 2026 that Sonnet 5 is available today across every plan. The company built it to act, not just answer. It […] This story continues at The Next Web Read more ›
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Schneider Electric is buying Cognite, a Norwegian-founded industrial AI company, for $3.1bn in cash. The French group wants software that can make factories and power grids think for themselves. Schneider Electric said on June 30, 2026 that it had agreed to acquire all of Cognite in an all-cash deal worth $3.1bn. Cognite builds software that […] This story continues at The Next Web Read more ›
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Anthropic has launched Claude Science, an app that pulls a researcher’s scattered tools into one place and lets AI agents run large parts of the work. It is the company’s biggest push yet into the lab. Anthropic said on June 30, 2026 that Claude Science is now available in beta. The company calls it an […] This story continues at The Next Web Read more ›
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Rob Hanna observes that many enterprise AI initiatives may be losing momentum because organizations continue to treat language like structured data while overlooking the systems that make knowledge reliable. The co-founder and CEO of Precision Content, a technical communications consultancy, says, “Longstanding technical publications teams already possess many of the capabilities needed to establish a […] This story continues at The Next Web Read more ›
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Amazon Web Services is committing $1bn to embed its own engineers inside customer companies. It is the first cloud giant to copy a playbook that Palantir built and that OpenAI and Anthropic have since adopted. Amazon Web Services said on June 30, 2026 that it would pour $1bn into a new Forward Deployed Engineering unit. […] This story continues at The Next Web Read more ›
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The US Supreme Court on Tuesday agreed to hear Apple’s appeal of the contempt finding in its long-running legal battle with Epic Games over App Store fees. The justices will review lower court decisions that found Apple willfully defied a 2021 order requiring it to let developers direct consumers to cheaper payment options outside the […] This story continues at The Next Web Read more ›
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Blue Origin still does not know why its New Glenn rocket exploded last month, CEO Dave Limp said in a blog post on Tuesday. Early analysis points to the aft section of the first stage, according to Limp, who said the company is pulling on “extensive data from multiple camera angles and sensors” to identify […] This story continues at The Next Web Read more ›
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23.07.2026 14:10
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