Most startups don’t have a burn problem. They have a decision problem
Most startups don’t have a burn problem. They have a decision problem

Running out of money is a story as old as startups, and still highly relevant in 2026. According to recent findings of CB Insights, based on an analysis of 431 VC-backed companies that shut down since 2023, “ran out of capital” tops the list at 70%.  Y…

Meta employees protest new mouse-tracking software days before mass layoffs
Meta employees protest new mouse-tracking software days before mass layoffs

Flyers framing the Model Capability Initiative as an ‘Employee Data Extraction Factory’ appeared in US offices on Tuesday, with a petition and a UK unionisation drive in train By Tuesday afternoon, the flyers were everywhere. Meta employees at several …

Meta loses Italian publisher pay case at EU’s top court
Meta loses Italian publisher pay case at EU’s top court

The Court of Justice has ruled that Italy’s AGCOM can require Meta to pay publishers for news snippets, the first time the bloc’s top court has weighed in directly. Meta lost its bid to overturn an Italian regulatory order requiring it to compensate pu…

Webidoo raises $25m to build an ‘AI operating layer’ for small businesses
Webidoo raises $25m to build an ‘AI operating layer’ for small businesses

The Milan- and Chicago-based startup, backed by Azimut Libera Impresa’s IXC3 fund, plans to scale agentic AI for SMBs and pursue acquisitions in the US. Webidoo, an Italian-American AI company building software for small and medium-sized businesses, ha…

SAP’s CEO asked if it will still be a software company. Its stock price already answered.
SAP’s CEO asked if it will still be a software company. Its stock price already answered.

Christian Klein opened the SAP Sapphire keynote on Monday with a question that no chief executive of Europe’s most valuable technology company should need to ask. “Will SAP be a software company in the future?” The answer, delivered by SAP’s own AI ass…

BMS just signed a $15.2 billion drug deal with China’s biggest pharma company. The patent cliff left it no choice.
BMS just signed a $15.2 billion drug deal with China’s biggest pharma company. The patent cliff left it no choice.

  Bristol Myers Squibb has signed a deal worth up to 15.2 billion dollars with Jiangsu Hengrui Medicine, China’s largest pharmaceutical company by market capitalisation. The agreement covers 13 early-stage drug programmes across oncology, haematology, …

Kevin Hartz’s A* takes a ‘less-is-more’ approach with new $450m fund
Kevin Hartz’s A* takes a ‘less-is-more’ approach with new $450m fund

While AI peers chase billion-dollar megafunds, the Eventbrite founder’s venture firm has gone the other way. Kevin Hartz, the Eventbrite co-founder turned long-time seed investor, has closed a $450m fund at A*, his San Francisco venture firm, according…

eBay tells GameStop to keep the carpet: $56bn bid “neither credible nor attractive”
eBay tells GameStop to keep the carpet: $56bn bid “neither credible nor attractive”

Ryan Cohen offered $125 a share, partly to be funded by a $20bn TD Securities commitment letter and, briefly, by selling old store signs on eBay itself. The eBay board, which had to ban and then unban him during the process, says no. eBay has formally …

NHS England gives Palantir contractors broader access to patient data
NHS England gives Palantir contractors broader access to patient data

A leaked internal briefing note describes a new admin role on the £330m Federated Data Platform that lets external staff bypass case-by-case data approvals. Patient groups and Labour MPs have called the change dangerous. NHS England has decided to allo…

China is earning roughly $500m an hour from exports, and AI-related goods are doing the heavy lifting
China is earning roughly $500m an hour from exports, and AI-related goods are doing the heavy lifting

China’s export earnings have reached roughly $500m an hour, according to a Bloomberg calculation based on the latest customs data, with AI-related goods accounting for about half of the year-on-year growth that has driven the figure to record levels. T…