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The year of the ‘hectocorn’: the $100bn tech companies that could float in 2026
OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOs You’ve probably heard of “unicorns” – technology startups valued at more than $1bn – but 2026 is shaping up to be the year of the “hectocorn”, with several US and European companies potentially floating on stock markets at…
Elon Musk floats idea of buying Ryanair after calling CEO ‘an idiot’
Tesla boss clashed with Michael O’Leary when airline boss rejected installing Starlink technology on aircraft Business live – latest updates Elon Musk has floated the idea of buying the budget airline Ryanair, escalating his public spat with the Irish carrier’s boss, Michael O’Leary. The two outspoken businessmen have locked horns since last week, when O’Leary…
Trump imposes 25% tariff on Nvidia AI chips and others, citing national security
The order follows a nine-month investigation and includes broad exemptions for datacenters and consumers Donald Trump on Wednesday imposed a 25% tariff on certain AI chips, such as the Nvidia H200 AI processor and a similar semiconductor from AMD called the MI325X, under a new national security order released by the White House. The proclamation…
Google parent Alphabet hits $4tn valuation after AI deal with Apple
After Apple chose Gemini to power Siri, Alphabet surpassed Apple to become second-most valuable company in world Google’s parent company hit a major financial milestone on Monday, reaching a $4tn valuation for the first time and surpassing Apple to become the second-most valuable company in the world. Alphabet is the fourth company to hit the…
AI bubble: five things you need to know to shield your finances from a crash
Some experts have voiced fears a tech meltdown could hit our savings and pensions – here’s how to protect yourself The new year has started as 2025 ended – with share prices booming amid warnings from some that the growth is being driven by overvalued technology stocks. Fears of an “AI bubble” have been voiced…
Robots that can do laundry and more, plus unrolling laptops: the standout tech from CES 2026
Robot vacuums that can climb stairs and device for BlackBerry lovers also on display at annual Las Vegas tech show This year will be filled with robots that can fold your laundry, pick up objects and climb stairs, fridges that you can command to open by voice, laptops with screens that can follow you around…
Tech titans divided over whether to pay billionaire tax or flee California
State residents worth more than $1bn could face one-off, 5% tax to help fund education, food assistance and healthcare A battle is brewing in California over a plan to tax billionaires – with tech titans divided over whether they should pay up, or flee the state. Under a tax proposal that could be put to…