Luxshare Precision Industry began trading in Hong Kong on Thursday with a stumble, its shares sliding on a debut that had been trailed as the city’s biggest listing of 2026. The stock fell as much as 9.6% below its offer price before clawing back part of the loss, an underwhelming opening for one of the […]
Revolut has appointed Kuba Fast, the former chief executive of Chase UK, to run Revolut Bank UAB, the Lithuania-based entity that holds the fintech’s European banking licence. The move hands one of the industry’s most closely watched digital lenders a senior operator taken directly from JPMorgan Chase, as it presses on with a banking build-out […]
Senior design, product, and research leaders with 10 years or more at the company are out, in a restructuring the chief executive calls speed and some staff call cost-cutting. “The design team is a little smaller now,” Edward Mitchell, a Sonos designer of roughly 12 years’ standing, wrote on LinkedIn as the audio company parted […]
A group of US states could sue as soon as next week to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, two people familiar with the matter told Reuters, opening a fresh front against a deal that federal regulators have already waved through. The threat lands weeks after the Justice Department cleared the merger without […]
Honeywell Technologies raised its profit targets for the second half and full year of 2026 on Wednesday, though the increase is almost entirely mechanical, reflecting a one-for-two reverse stock split rather than a stronger business. The move came from the same industrial group whose quantum computing arm staged one of the year’s largest technology listings, and […]
HubSpot has scrapped a plan to use its customers’ data for a new AI feature, just four days after announcing it. The CRM firm changed its terms on 1 July to pool customer data, including contact and employer details, for a tool that finds sales leads, The Information reported. It opted users in by default. […]
A Polish billionaire has laid out plans to build a fleet of small nuclear reactors across Britain, at an estimated £35bn, TechRadar reported. Michał Sołowow’s firm, SGE, says it wants to install 14 GE Vernova Hitachi BWRX-300 reactors on three UK sites. It is targeting first power in 2034. The numbers are large. Together the […]
SpaceXAI has launched Grok 4.5, its most capable model yet. It is the company’s first release since going public and buying the AI coding startup Cursor. This is the joint model the two firms had raced to ship. Elon Musk aimed it squarely at coding and agentic work, not casual chat. “It is an Opus-class […]
Tech loves a perk, but few go this far. Rilla, an AI startup that makes coaching software for sales teams, spends about $1.7m a year on housing stipends so staff can live near its New York office, Fortune reports. The trade-off is a 72-hour week. Employees who live within a 10-minute bike ride of the […]
The ALL-IN Podcast took its live show to the Louvre this week for the RAISE Summit. It put ElevenLabs co-founder and chief executive Mati Staniszewski in the hot seat. Host Jason Calacanis opened where it stings: revenue, competition, and whether a voice startup can outlast OpenAI and Anthropic. “It’s the best time to be building,” […]
