Nvidia-backed $4 billion AI startup announces major London expansion

Nvidia-backed  billion AI startup announces major London expansion

Nvidia-backed video generation startup Luma AI is joining a growing wave of U.S. tech companies launching operations in the U.K., with major plans for a London expansion revealed on Tuesday. The Palo Alto-headquartered startup will look to hire around 200 employees — making up around 40% of its workforce — at its new London base … Read more

Meta’s Instagram orders employees back to the office 5 days a week

Meta’s Instagram orders employees back to the office 5 days a week

Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram will require U.S.-based employees to work five days a week in an office, Meta confirmed on Monday. The new return-to-office policy will take effect on Feb. 2 and … Read more

Shopify hit with hours-long outage on Cyber Monday

Shopify hit with hours-long outage on Cyber Monday

Thomas Trutschel | Getty Images Shopify was hit with an outage on Cyber Monday, leaving some businesses unable to manage transactions during one of the biggest shopping days of the year. In an update to its status page, the Canadian e-commerce company said select merchants were experiencing issues logging into Shopify, while others were unable … Read more

Norway wealth fund to vote for human rights report at Microsoft AGM, against management

Norway wealth fund to vote for human rights report at Microsoft AGM, against management

Microsoft CEO Satya Nadella departs following a meeting of the White House Task Force on AI Education in the East Room of the White House in Washington on Sept. 4, 2025. Eric Lee | Bloomberg | Getty Images Norway’s $2 trillion wealth fund said on Sunday it would vote for a shareholder proposal at the … Read more

What’s going on at Nexperia? Dutch chipmaker issues urgent plea to its China unit

What’s going on at Nexperia? Dutch chipmaker issues urgent plea to its China unit

This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images Dutch chipmaker Nexperia has publicly called on its China unit to help restore supply chain operations, warning in an open letter that customers across industries are reporting “imminent production outages.” Nexperia’s Dutch unit … Read more

‘Green light’ away from AI trade: Two ETF executives see a key market shift underway

‘Green light’ away from AI trade: Two ETF executives see a key market shift underway

A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again … Read more

Workday shares sink on subscription revenue guidance concerns

Workday shares sink on subscription revenue guidance concerns

The Workday Inc. pop-up pavilion ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Saturday, Jan. 19, 2025. Hollie Adams | Bloomberg | Getty Images Shares of software maker Workday slid nearly 8% on Wednesday as analysts lowered their price targets, citing a lack of a upside after the company revised its full-year … Read more

Apple iPhone shipments to beat Samsung for the first time in 14 years, report says

Apple iPhone shipments to beat Samsung for the first time in 14 years, report says

Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters on September 09, 2025 in Cupertino, California. Justin Sullivan | Getty Images Apple is set to ship more smartphones than Samsung in 2025, the first time it will have done so in 14 years, Counterpoint Research … Read more

Amazon faces FAA probe after delivery drone snaps internet cable in Texas

Amazon faces FAA probe after delivery drone snaps internet cable in Texas

Amazon’s new MK30 Prime Air drone is displayed during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington on Oct. 18, 2023. Jason Redmond | AFP | Getty Images Amazon is facing a federal probe after one of its delivery drones downed an internet cable … Read more

Nvidia says its GPUs are a ‘generation ahead’ of Google’s AI chips

Nvidia says its GPUs are a ‘generation ahead’ of Google’s AI chips

Nvidia founder and CEO Jensen Huang looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, DC on November 19, 2025. Brendan Smialowski | Afp | Getty Images Nvidia on Tuesday said its tech remains a generation ahead of the … Read more