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LG Electronics shares have quadrupled this year. The stock hit its 30% daily limit for a second consecutive session on Monday after reports that LG Group Chair Koo Kwang-mo will meet Nvidia CEO Jensen Huang on 5 June. The meeting will focus on expanding cooperation in physical AI. The rally began last week when LG […]
Satya Nadella has dismantled the senior leadership structure that ran Microsoft for decades. The company “quietly retired what’s known as the SLT,” a person close to the CEO told Business Insider. The senior leadership team, the powerful executives who ran sprawling businesses and reported directly to Nadella, no longer exists. In its place, Nadella has […]
Vertice has bought Vendr. The London-based AI procurement company announced on Monday that it has acquired the US software-pricing firm, a deal it says creates the world’s largest procurement intelligence dataset by combining the two companies’ data on what they buy and how they negotiate. Terms of the acquisition were not disclosed. The combined dataset, […]
SoftBank’s market cap topped Toyota’s on Monday for the first time in 23 years, lifted by its ~$65bn OpenAI stake and a Nikkei breaking 67,000 for the first time. SoftBank Group overtook Toyota Motor on Monday to become Japan’s most valuable listed company, the first time the auto giant has been dethroned from the top […]
When Apple launched the Apple Watch in 2015, the mid-tier wristwatch market had a handful of dominant companies. Swatch Group sold watches under Tissot, Hamilton, and Longines. Fossil Group sold under Michael Kors, Armani, and Kate Spade. Movado sold under Coach, Hugo Boss, and Tommy Hilfiger. Ten years later, the damage is quantifiable. Swatch’s revenue […]
LG Electronics shares surged as much as 23.95% after the company announced a range of automotive solutions built on Google’s Android Automotive operating system. The stock last traded at 279,500 won. It was one of the largest single-day moves for the company in recent years. The core product is a multi-display system that uses a […]
Meta is developing an AI-powered pendant that it plans to start testing within the next year, according to an internal memo viewed by The Information. The device builds on the Limitless acquisition Meta completed at the end of 2025. Limitless made a pendant that users could clip to their shirt or wear as a necklace […]
Parloa, the Berlin-founded AI agent management platform, has announced a wave of strategic partnerships with SAP, Microsoft, OpenAI, Five9, and Epic as it deploys the $350 million it raised in its January 2026 Series D round. The company, which builds AI agents for enterprise customer service, has also surpassed $50 million in annual recurring revenue with […]
In February 2026, AI research lab METR tried to repeat a groundbreaking study measuring how much time developers take to complete tasks with and without AI. It could not. Developers refused to participate because they would not work without AI, even for a limited number of tasks in a research setting. The original 2025 study […]