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IBM commits $5 billion to secure open-source software
28 May 2026

IBM commits $5 billion to secure open-source software

IBM said on Thursday it has committed $5 billion to an initiative that will deploy engineers and AI tools to help companies better secure open source software.
JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn

JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn

28 May 2026
Chinese e-commerce giant JD.com’s $2.5 billion bid for German electronics retailer Ceconomy may involve Chinese subsidies, European Union competition regulators warned on Thursday as they opened a full-scale investigation into the deal.
Spotify launches 'narrated articles' from publications like The Atlantic, Vogue

Spotify launches 'narrated articles' from publications like The Atlantic, Vogue

26 May 2026
Spotify said on Tuesday it is rolling out narrated articles from top publications including Rolling Stone, The Atlantic, Vogue, Variety and Vanity Fair for its audiobook users, as the platform diversifies its content.
UK targets Russian crypto networks in latest sanctions

UK targets Russian crypto networks in latest sanctions

26 May 2026
Britain on Tuesday targeted Russia-linked cryptocurrency platforms, banks and financial networks that it said were used to bypass sanctions, freezing their assets and barring UK firms from processing payments and holding correspondent banking ties.
Analysis-SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI vision

Analysis-SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI vision

21 May 2026
Investors buying into SpaceX’s nearly $2 trillion IPO are making a high-stakes wager that CEO Elon Musk can turn a fast-growing satellite business into something far bigger, using an unproven rocket to unlock an ambitious push into AI.
Factbox-IPO-bound SpaceX's board is stacked with Musk empire loyalists
21 May 2026

Factbox-IPO-bound SpaceX's board is stacked with Musk empire loyalists

SpaceX’s IPO filing reveals a board deeply embedded in Elon Musk’s broader business network, with directors tied to Tesla, Google, PayPal and venture firms that have financed multiple Musk ventures over two decades.
Hasbro beats quarterly estimates on strong demand for its digital games

Hasbro beats quarterly estimates on strong demand for its digital games

20 May 2026
Hasbro on Wednesday reported first-quarter revenue and profit above estimates, aided by strong demand for its digital games such as "Magic: The Gathering", after a cybersecurity incident pushed back its results.
The AI bots are coming and the young are booing, not applauding

The AI bots are coming and the young are booing, not applauding

20 May 2026
The AI revolution is here and the boos are getting louder.
Explainer-What are Samsung union workers demanding and how might a strike play out?

Explainer-What are Samsung union workers demanding and how might a strike play out?

19 May 2026
South Korean memory chip maker Samsung Electronics is facing its worst-ever strike, with nearly 48,000 workers threatening to walk off production lines on Thursday for 18 days over a dispute about bonus payouts.
OpenAI defeats Elon Musk's lawsuit, removes obstacle to IPO

OpenAI defeats Elon Musk's lawsuit, removes obstacle to IPO

19 May 2026
A U.S. jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world’s richest person for having allegedly strayed from its original mission to benefit humanity.
Commonwealth Bank of Australia names Mary-Anne Williams as chief AI scientist
18 May 2026

Commonwealth Bank of Australia names Mary-Anne Williams as chief AI scientist

Commonwealth Bank of Australia on Monday appointed Mary-Anne Williams as its chief AI scientist in what the bank said would be the first such role at an Australian lender.
Trump tells Fortune he should have asked for bigger Intel stake

Trump tells Fortune he should have asked for bigger Intel stake

18 May 2026
U.S. President Donald Trump said he "should have asked for more" of a stake in Intel on behalf of the U.S. government, in an interview with Fortune magazine published on Monday. 
Versant beats revenue estimates on licensing deals, digital platform growth

Versant beats revenue estimates on licensing deals, digital platform growth

14 May 2026
Versant Media topped Wall Street estimates for first-quarter revenue on Thursday, as content licensing deals and strong sales at businesses like Fandango helped cushion the impact of pay-TV cord cutting.
JPMorgan's bet on early-stage companies pays off in leading global tech investment banking

JPMorgan's bet on early-stage companies pays off in leading global tech investment banking

14 May 2026
When Pattern Group co-founders David Wright and Melanie Alder needed $10 million for their startup in 2017, it was barely a rounding error for a bank like JPMorgan, which held $2.5 trillion in assets at the time.
Alibaba reports continued profit squeeze from spending on AI and instant retail

Alibaba reports continued profit squeeze from spending on AI and instant retail

13 May 2026
China’s Alibaba on Wednesday posted a 3% rise in fourth-quarter revenue, but profits were pressured by growing investments in AI and cloud infrastructure, as well as ongoing spending on the quick commerce segment, which sees deliveries made within 60 minutes.

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