Business & Technology
AI, startups, big tech, innovation, enterprise trends
A tension is brewing between profit motives and ethical considerations in the tech sector, highlighted by the contrasting narratives emerging from the OpenAI trial. As companies like Google and OpenAI engage with government contracts, the implications for transparency and responsibility become paramount, especially as figures like Elon Musk raise questions about the future of humanity in a tech-driven world. Meanwhile, traditional industries like energy and retail are navigating their own challenges, from rising costs affecting consumer behavior to evolving economic strategies in countries like Canada, reflecting a broader struggle to adapt in a rapidly changing landscape.
Articles
- Letterboxd, the social platform for film buffs, reportedly looking for new owner
Letterboxd, a social platform popular among film enthusiasts, is reportedly seeking a new owner, with potential buyers including Versant and The Ankler.
- Consumers lost $2.1B to social media scams in 2025, FTC reports
Losses from social media scams surged to $2.1 billion in 2025, according to the FTC, marking an eightfold increase and surpassing losses from all other scam methods.
- Consumers lost $2.1 billion to social media scams in 2025, FTC reports
Losses from social media scams surged to $2.1 billion in 2025, according to the FTC, marking an eightfold increase and surpassing losses from all other scam methods.
- OpenAI ends Microsoft legal peril over its $50B Amazon deal
OpenAI has secured significant concessions from Microsoft, enabling it to sell products on AWS, while Microsoft benefits from a revenue-share agreement that enhances its cash flow.
- DeepMind’s David Silver just raised $1.1B to build an AI that learns without human data
Ineffable Intelligence, a new AI lab led by ex-DeepMind researcher David Silver, has secured $1.1 billion in funding to develop an AI capable of learning without relying on human data, achieving a valuation of $5.1 billion.
- Investors back Skye’s AI home screen app for iPhone ahead of launch
Skye's new AI home screen app for iPhone has garnered investor backing ahead of its launch, indicating a growing demand for AI integration in mobile devices.
- Data center demand drives 66% surge in natural gas power plant costs
Natural gas power plant costs have surged by 66% and construction times have increased by 23% due to the rising electricity demand from data centers.
- What’s behind Europe’s efforts to ditch US software in favor of sovereign tech
European governments are increasingly seeking to reduce their dependence on American technology providers by investing in sovereign tech solutions.
- China blocks Meta’s $2B Manus deal after months-long probe
China has mandated that Meta reverse its $2 billion Manus acquisition, posing a significant obstacle to Zuckerberg's ambitions in the AI sector.