Europe’s biggest software company is tightening its belt to chase artificial intelligence. SAP is freezing most hiring and pausing non-essential travel, all to free up cash for its AI push. The plan landed in an internal email to staff on Wednesday eve…
The Trump administration is closing a loophole that drugmakers could use to avoid negotiations when they add active ingredients to drugs. It’s also codifying regulations.
The AI memory squeeze has been an industry story for months. Now it is heading for the till. Currys, Britain’s biggest consumer electricals retailer, has warned that phones, laptops and TVs will cost more later this year. Chief executive Alex Baldock d…
What can strategists learn from GTA maker Take-Two? How a replicable blockbuster formula and smart hedging created one of gaming’s greatest success stories.
Zoom made its name on the video call. Now it wants to own everything that happens before the call too. The company is buying Common Room, a Seattle startup whose AI reads the buying signals of potential customers, pushing Zoom deeper into enterprise sa…
A bank that barely existed a year ago is now chasing a valuation most European lenders can only dream of. Erebor was founded by Anduril’s Palmer Luckey and backed by Peter Thiel. It is in talks to raise at a valuation of at least $8bn, and its deposits…
Europe just put its first quantum computing company on a major American stock exchange. And it did so without leaving home. IQM, a Finnish maker of quantum machines, started trading on Nasdaq this week. The debut was equal parts landmark and reality ch…
Why England is concerned about its upcoming World Cup match in Mexico City, and it has nothing to do with sports.
The world’s biggest seller of website addresses says a court order in India could make the internet less safe. GoDaddy is fighting new rules meant to stop fake sites impersonating famous brands. It warns the cure could expose millions of legitimate sit…
Amazon has finally reached the starting line in the satellite-internet race. It says it now has enough spacecraft in orbit to switch on its Leo broadband network later this year. The target is clear: Elon Musk’s Starlink. An overnight launch on 2 July …