Europe’s largest bank is putting a dedicated facility behind Chinese solar, battery, EV and data-centre exporters expanding overseas, citing demand that has accelerated alongside the Iran war. HSBC has set up a dedicated $4bn credit facility to help Chinese clean-technology companies expand overseas, the bank said on Monday. The ‘Sustainability and Transition Credit Facility’ covers […]
Talks resumed in Sejong on Monday. Choi Seung-ho walked into the National Labor Relations Commission building in Sejong on Monday morning, about 110 km south of Seoul, and told reporters he would ‘participate in this second round in good faith’. The head of Samsung Electronics’ largest union, on Friday’s evidence, had been preparing to talk […]
Motive Partners is leading the seed round, with WENVEST Capital, xdeck, and SIVentures alongside. The 2025-founded startup is targeting case management, billing, and document handling rather than the parts of legal work most AI vendors are chasing. LawX, the Berlin legal-tech startup founded by Dr Norman Koschmieder, has raised a €7.5M seed round led by […]
Apple’s first standalone Siri app, coming in iOS 27, will include an auto-delete function for chat histories that borrows from the Messages app. Users will be able to configure the app to retain conversations for 30 days, one year, or indefinitely. The feature, reported by Bloomberg’s Mark Gurman in his Power On newsletter on Sunday, […]
AI companies are not just changing the way people work. They are changing the kinds of roles that exist. Org charts are morphing as an entirely new class of jobs emerges, some with titles that did not exist two years ago, others that represent old professions reborn inside the technology industry. The hiring sprees stand […]
OpenAI co-founder and president Greg Brockman has permanently taken charge of the company’s product strategy, merging ChatGPT, Codex, and the developer API into a single product organisation. In an internal memo seen by Wired, Brockman wrote that OpenAI will “invest in a single agentic platform and to merge ChatGPT and Codex into one unified agentic […]
General Motors, Ford, and Stellantis have together eliminated more than 20,000 US salaried jobs from their recent employment peaks this decade, a 19% reduction of their combined white-collar workforces, according to public filings and employment data analysed by CNBC. The cuts accelerated this week when GM laid off between 500 and 600 IT workers in […]
Cerebras Systems closed its first day on the Nasdaq at $311.07, up 68% from its $185 IPO price, giving the wafer-scale chip company a market capitalisation of approximately $95 billion. The offering raised $5.55 billion, making it the largest US tech IPO since Snowflake’s $3.8 billion debut in 2020. CEO Andrew Feldman rang the bell […]
Samsung Electronics and its largest labour union will resume negotiations on Monday in what South Korean Prime Minister Kim Min-Seok has described as “virtually the last chance” to prevent an 18-day strike at the world’s biggest memory chipmaker. If the talks fail, the union’s 41,000 confirmed participants, a number expected to exceed 50,000, will walk […]
John Collison thinks keyword search is a “ridiculous” way to find things to buy. The Stripe co-founder told Bloomberg that agentic commerce, in which AI agents shop on behalf of consumers, will completely transform the online shopping experience, reshaping not just how people purchase but how retailers sell. The argument is structural. For more than […]
