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  • Bank of England handed powers to regulate key tech firms including Amazon and Google

    Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economy The Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers. From Monday,…

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  • Ring Video Doorbell Pro review: night and day better with new 4K camera

    Camera, wifi and design updates bring welcome upgrades to Ring’s top model in wired or battery flavour Ring’s recent revamp of its popular video doorbells with a more modern design is led by the top-of-the-line Video Doorbell Pro 3, which gains much-needed upgrades with a 4K camera and better wifi plus new interesting AI features.…

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  • SpaceX overtakes Amazon to become world’s fifth most valuable company

    Elon Musk’s firm briefly reached $2.97tn valuation days after its IPO following purchase of AI coding startup Cursor SpaceX has overtaken Amazon to become the world’s fifth most valuable company days after its stock market debut. The milestone came as Elon Musk’s company agreed to buy the startup behind the AI-powered coding app Cursor for…

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  • The devil owns Amazon: big tech has infiltrated the fashion world – will we see a revolt?

    Anna Wintour has welcomed the Bezoses – and their patronage – with open arms. But after a controversial Met Gala, industry insiders are less enthusiastic The press conference for the Met Costume Institute’s spring exhibition is always a stately affair, but this year it was giving “feudal lady addresses her serfs” or perhaps “Marie Antoinette…

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  • Europe’s AI translation industry told it risks reputation by partnering with US firms

    Partnership between top startup DeepL and Amazon comes amid concern about Silicon Valley’s monopoly over digital infrastructure AI companies in Europe risk losing their world-leading status in the field of machine translation, industry figures have said, after the decision by one of the continent’s leading startups to partner with Amazon’s cloud computing division provoked alarm.…

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  • Starmer adviser held 16 undisclosed meetings with top US tech bosses

    Exclusive: Varun Chandra’s talks with Google, Meta, Apple and others raise fears of ‘lobbying behind closed doors’ An influential government adviser close to Keir Starmer and Rachel Reeves held 16 undisclosed meetings with top US tech executives, the Guardian can reveal. The No 10 business aide Varun Chandra discussed regulatory changes, AI and Donald Trump’s…

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  • Pentagon inks deals with seven AI companies for classified military work

    OpenAI, Google, Nvidia and others agreed to ‘any lawful use’ of their tech. Anthropic, feuding with Pentagon over potential AI misuse, was not included Sign up for the Breaking News US email to get newsletter alerts in your inbox The Pentagon said on Friday it had reached agreements with seven leading artificial intelligence (AI) companies:…

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  • ‘Get back to work’: Amazon faces fresh scrutiny over workplace safety record

    Workers and labor advocates say the company’s injury rates and how it treats injured staff remain a problem Amazon, one of the world’s largest employers, has for years faced scrutiny over its safety record. When Billy Foister, a 48-year-old worker, died after a heart attack inside one of the tech giant’s warehouses in September 2019,…

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  • Newly unsealed records reveal Amazon’s price-fixing tactics, California attorney general claims

    Exclusive: A trove of previously redacted documents was filed as part of the tech giant’s anti-trust battle with the state of California. Amazon denies it engages in price-fixing Hundreds of previously redacted records reveal how Amazon has put pressure on independent sellers using its platform into raising their prices on the sites of competitors such…

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  • Amazon to buy satellite firm Globalstar for $11.57bn in challenge to Musk’s Starlink

    Deal, subject to regulatory approval, would give Bezos firm access to Globalstar’s network of two dozen satellites Amazon said on Tuesday it would acquire a satellite company in an $11.57bn deal, bolstering its own fledgling space business as it looks to take on Elon Musk-led bigger rival Starlink. The deal gives Amazon access to Globalstar’s…

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