Business & Tech

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Business & Tech

Coverage of business, technology, and finance, from global markets to the latest tech and AI news.

Saint Petersburg Governor Alexander Beglov said "several" infrastructure facilities were damaged

Airport closed overnight

Ukrainian drones hit Saint Petersburg as 'Russian Davos' opens

Visa and Mastercard payments in Cuba will be suspended from Saturday, after US sanctions prompted a foreign bank to sever ties with a state-backed financial institution

US sanctions interrupt Visa, Mastercard payments in Cuba

The EU wants to boost European tech alternatives and cut reliance on American and Asian companies

'We set our rules'

EU wants to favour European firms for AI, cloud in sovereignty push

The EU executive worries that too many member states are spending beyond their means

Latest spending report

EU eases spending rules to tackle energy shock

YouTuber Sam Zirah first made a name for himself by interviewing reality TV contestants

French content creators gear up to influence presidential election

Pelley said the new CBS owner is casting aside the legacy of "60 minutes" to curry favor with the Trump administration

US press freedom under pressure

CBS News fires '60 Minutes' veteran Scott Pelley

This year's edition of Computex is the biggest yet

Taipei AI exhibition

Robots, supply strain: five hot topics at Computex

Global growth could slow to just 2.1 percent this year if the Mideast war extends into 2027, the OECD warns

More severe shock likely

OECD cuts 2026 global growth forecasts over Mideast war fallout

The executive order on AI signed by US President Donald Trump allows companies such as OpenAI, Google or Anthropic to give the government access to their most powerful models for up to 30 days before planned release

'Gets the balance right'

Trump signs AI order giving government access to powerful models

Strikingly convincing AI voice cloning tools are enabling impersonation scams in the United States

Authorities raise alarm

'20 minutes of terror': AI boosts US voice impersonation scams

Protesters are irate over the development plan, which includes construction of hotel complexes in a protected coastal area and an uninhabited island

Thousands protest Jared Kushner-linked resort project in Albania

Elon Musk is already by far the world's richest man, but his fortune is set to expand considerably when SpaceX goes public

'Incredible concentration of wealth'

Will SpaceX IPO make Elon Musk a trillionaire?

SpaceX is preparing its stock market debut -- and everyone wants a piece of the action

'By far the most exciting IPO'

Before SpaceX goes public, a scramble to get on bandwagon

Foreign company departures are wreaking havoc on Cuba's already devastated economy

Presence vastly reduced

Foreign companies take flight from US-sanctioned Cuba

Donald Trump said he had held talks with Israeli Prime Minister Benjamin Netanyahu and a 'very good call' through unnamed representatives with Hezbollah

Tech-led records

Stalled Mideast peace process sends oil soaring, tech buoys stocks

At its annual developer conference, Microsoft Build, the group unveiled MAI-Thinking-1, its first "reasoning" model

'Self-sustaining'

Microsoft unveils AI models in push for independence from OpenAI

After spending over a year building up a stake in Commerzbank, Italy's second-biggest bank last month officially launched a 35-billion-euro ($41 billion) takeover attempt for its German rival

Aggressive pursuit

UniCredit says increased Commerzbank stake to 34% in hostile takeover

Indonesians eat a hot sauce known as sambal with just about every meal

Too hot to handle

Chilli price drives Indonesia's monthly inflation

Nvidia's headquarters in Santa Clara, California. The chip maker has announced a push into the personal computer market

Pushes into personal computer market

Nvidia PC chip hailed as 'game changer' in race for AI device

Leaps in AI development have seen people turn to chatbots as confidants and lovers, while advancements in robotics are helping produce more sophisticated sex dolls

48% of young adults

Survey finds generational gap in attitudes to AI romance

The Mideast war, kicked off by a US-Israeli attack on Iran, has squeezed Europe's jet fuel supplies

Growing interest

Europe's green jet fuels see upside in Iran war

Last year, carpooling platform BlaBlaCar posted record-breaking figures in India as users seek cheaper ways to travel

Cheaper ways to travel

Energy crunch fuels car pool growth

SoftBank CEO Masayoshi Son has told a French newspaper that his group will invest more than $87 billion on data centres and AI equipment in France

'Largest investment in Europe'

SoftBank to spend $87.5bn on AI centres in France: Son

TwitchCon featured multiple stands and esports areas

'Live streaming is bigger than ever'

Drag queens and Minecraft players converge on Rotterdam for TwitchCon

French digital minister Anne Le Henanff hopes G7 countries can move forward on child protection

Ahead of June meeting

Digital G7 reaches limited deal on child protection, AI energy impact

Founded by former OpenAI employees, including CEO Dario Amodei, Anthropic has a special focus on AI safety even as it rushes out new products in order to remain in the AI race

Ahead of OpenAI

AI giant Anthropic reaches near-trillion dollar valuation

Mensch said soldiers know better than companies how to use weapons

Washing their hands

Mistral says would not interfere if its AI is used by defence customers

German Finance Minister Lars Klingbeil and French Finance Minister Roland Lescure met four of their EU counterparts for talks in Berlin

Fragmented markets

Top EU economies vow to speed up financial integration

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