Uber stalls European food delivery push as it pursues Delivery Hero takeover Ride-hailing company will no longer launch in five of its seven planned new markets this year #Uber #stalls #European #food #delivery

How Bending Spoons built a $23bn tech empire from struggling brands Nasdaq listing caps more than a decade of deals that transformed an Italian start-up into a global internet company #How #Bending #Spoons #built #23bn

Pan Am Selects IBS Software to Power Loyalty Program for Its Return to the Skies Pan American World Airways ® one of aviation’s most iconic brands, has partnered with IBS Software, a leading AI-native product company in the travel technology sector, selecting its iLoyal platform to power the company’s loyalty program as it prepares to re-enter commercial aviation. #Pan #Selects #IBS #Software #Power

Evri suing BBC for £1.2m over Panorama programme Delivery company Evri is suing the BBC for about £1.2m over a Panorama programme featuring complaints by drivers and customers. #Evri #suing #BBC #for #12m

How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college See inside the race to scale up next-gen nuclear to power the AI data center boom. #How #third #generation #Texas #oilman

Top EU court upholds Google Android fine in landmark antitrust case – POLITICO The ruling “fails to recognize our significant investment to ensure Android remains open, interoperable and free,” a Google spokesperson said in a statement. The company said it had complied with the initial findings from 2018 and remains “focused on continued innovation and openness for our users, partners and developers.” The ruling brings to a close a case that was one of the defining antitrust battles of former Competition Commissioner Margrethe Vestager’s tenure and reinforces the Commission’s use of traditional competition law to tackle the market power of digital platforms. At the heart of the case were agreements requiring smartphone manufacturers seeking access to Google’s Play Store to pre-install Google Search and Chrome, alongside restrictions that the Commission said made it harder for rival search engines and browsers to compete.  The judgment is also expected to shape future abuse-of-dominance cases under Article 102, particularly on how EU competition authorities assess tying practices in digital markets. ... #Top #court #upholds #Google #Android

Inside Trump’s $1.4 billion crypto empire: Altcoins, Bitcoin—and a stake in Michael Saylor’s Strategy The president’s crypto wealth largely comes from his memecoin and his family’s crypto company, World Liberty Financial. #Inside #Trumps #billion #crypto #empire

Anthropic’s AI models are back online after a two-week government standoff—settling the company and administration into a fragile truce The Trump administration lifted export controls on Anthropic’s Fable and Mythos AI models just as abruptly as it imposed them. #Anthropics #models #are #back #online

Why Anthropic's most powerful AI models are back online Anthropic's Mythos 5 and Fable 5 are back online Wednesday after the company said it had productive conversations with the US government. Kevin Warsh makes his first public appearance as Federal Reserve chairman. #Why #Anthropics #most #powerful #models

Drone operator chaired by ex-GCHQ chief lands £15m funding boost A drone operations and data intelligence company chaired by Sir Jeremy Fleming, the former director of GCHQ, will this week unveil a $20m (£15.1m) funding injection led by an early investor in Spotify. #Drone #operator #chaired #GCHQ #chief

US export controls lifted on powerful Anthropic AI models Fable and Mythos are coming back online. Leading US AI company Anthropic says the US Commerce Department has lifted export controls on the AI models, less than three weeks after the company was ordered to suspend access to them over national security risks. #export #controls #lifted #powerful #Anthropic

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch At the world’s most valuable company, lunch isn’t free—but a generous stock plan has been far more lucrative. #Big #Tech #showers #employees #with

Anthropic to restore global access to most powerful AI models Anthropic said on Tuesday it would restore global access to its most advanced AI models after the US government lifted export restrictions imposed earlier this month over national security concerns. The decision marks a reversal after the company worked with Washington to strengthen safeguards around the technology. #Anthropic #restore #global #access #most

Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in The company’s gross margin declined by 26% since Dell first reported AI server revenue over a year ago as servers surpass computers and laptops. #Dells #boom #real #but #the

Lamborghini appoints new Americas CEO The Italian automaker is placing longtime company executive Christian Mastro in charge of regional operations across North and South America, effective July 1. #Lamborghini #appoints #new #Americas #CEO

Hard Rock International Mobilizes Immediate Meal Relief for Venezuela Earthquake Victims Hard Rock International announced immediate relief efforts to help feed families, first responders and community members impacted by the devastating earthquakes in Venezuela. The company’s charitable arm, the Hard Rock Heals Foundation, together with Hard Rock Bet, is contributing $60,000 to fund approximately 15,000 meals through World Central Kitchen, a nonprofit known for quickly deploying chef-prepared meals to communities affected by natural disasters and humanitarian crises. #Hard #Rock #International #Mobilizes #Immediate

Comcast’s split brings former CFO Michael Angelakis back as CEO Comcast will spin off NBCUniversal and Sky into a standalone media company, underscoring how finance chiefs are increasingly being tapped for the top job. #Comcasts #split #brings #former #CFO

Visa redefines its role in travel with the global expansion of Visa Destinations Visa, a global leader in digital payments, today announced the expansion of Visa Destinations, a passion-led travel platform live in 10 major locations around the world, as the company redefines its role in the rapidly growing experience-driven travel economy. #Visa #redefines #its #role #travel

Why Rivian CEO RJ Scaringe wants his EV company to be compared to Apple, not Tesla Also: All the news and watercooler chat from Fortune. #Why #Rivian #CEO #Scaringe #wants

YTL Hotels Unveils the All-Inclusive Holiday Across Three Malaysian Resorts YTL Hotels has unveiled new all-inclusive packages for its three flagship beach resorts in Malaysia: Pangkor Laut Resort, Tanjong Jara Resort, Gaya Island Resort. The all-inclusive packages draw on the company’s diverse portfolio to offer the chance to experience each property’s full offerings and amenities, exploring a private island retreat, the country’s East Coast, or the wild biodiversity of Borneo. #YTL #Hotels #Unveils #the #All

XLSMART and Tencent Cloud Successfully Complete Large-Scale AI-Driven Cloud Transformation Project Tencent Cloud, the cloud business of global technology company Tencent, has successfully assisted leading Indonesian telecom operator XLSMART in completing a large-scale public cloud migration transformation project. The transformation was driven by XLSMART’s long-term digital modernization strategy, with Tencent Cloud serving as the strategic cloud technology partner. #XLSMART #and #Tencent #Cloud #Successfully

Apple seeks to buy memory chips from blacklisted Chinese company iPhone maker wants Trump administration to sign off on purchases to ease pressure from rising semiconductor prices #Apple #seeks #buy #memory #chips

Meet Micron, the under-the-radar chipmaker that just reported a 346% sales surge and helped stop a global AI selloff The company behind the memory chips powering AI started in a dentist’s basement in Boise. #Meet #Micron #the #under #the

‘Careless People’ author claims Meta surveilled her for a year to enforce her silence Sarah Wynn-Williams former director of global public policy at Facebook, sued the company, claiming it tried to "silence" her. #Careless #People #author #claims #Meta

Report: VW to propose more job cuts, brand spinoffs | DW News According to a new German media report, Volkswagen CEO Oliver Blume is set to propose a more radical overhaul of the company to its supervisory board, including 50,000 more job cuts, factory closures and potential spinoffs of some of the group's 10 brands, including the Volkswagen brand itself. The Dip host Daniel Winter speaks with Business reporter Steven Beardsley about the proposal and its potential consequences. #Report #propose #more #job #cuts

CFOs are bullish on their own companies—even as they turn bearish on the economy Even as macro concerns deepen, CFOs are leaning into risk, reshaping talent, and betting on AI to drive company-specific gains. #CFOs #are #bullish #their #own

Paris desperate for ice amid record-breaking heat – POLITICO Alexandre Bompard, CEO of Carrefour, one of the main French supermarket chains, confirmed in a LinkedIn post that his company had donated four tons of ice to the city's firefighters. Tuesday, Wednesday and Thursday were the hottest days on record in French history and the extreme heat is expected to continue until Sunday. Temperatures of around 40 degrees Celsius have been reported in the densely populated French capital. ... #Paris #desperate #for #ice #amid

Rheinmetall gambled on Germany’s doomed warship project — and lost Arms company’s €15bn frigate blow tests faith among investors #Rheinmetall #gambled #Germanys #doomed #warship

Rheinmetall gambled on Germany’s doomed warship project — and lost Arms company’s €15bn frigate blow tests faith among investors #Rheinmetall #gambled #Germanys #doomed #warship

Polestar Will Leave the U.S. Market Due to the Connected-Car Rule The company's 32 dealers will remain open to provide service and sell down the existing inventory of the Poletar 3 and 4. #Polestar #Will #Leave #the #Market

Swedish government to take direct stake in new nuclear reactors Sweden's government is going to take a direct majority stake in a company planning to build three small modular reactors (SMRs), the country's first new nuclear reactors in half a century. #Swedish #government #take #direct #stake

SpaceX bond sale signals markets are in ‘bubble territory’, warns Allianz CIO Debt investors will scrutinise Musk’s rocket company more closely than equity markets, says Ludovic Subran #SpaceX #bond #sale #signals #markets

In Meisel-shot campaign, Snap pulls SPECS into focus The company is tapping cultural figures and creatives across fashion, sports and music to introduce the AR-powered frames ahead of their fall release. #Meisel #shot #campaign #Snap #pulls

Family sues Tesla over fatal high-speed crash into mother's front room The family of a woman killed when a Tesla crashed into her home, allegedly while in self-driving mode, is suing Elon Musk's company and the driver. #Family #sues #Tesla #over #fatal

US says chemical maker Chemours will pay $450M in penalties and relief programs to three states to settle ‘forever chemicals’ case The company will mitigate forever chemicals pollution in West Virginia, North Carolina and New Jersey via implementing controls and supplying clean drinking water. #says #chemical #maker #Chemours #will

Anthropic accuses Alibaba of obtaining ‘illicit’ access to Claude AI company says the Chinese ecommerce giant used fake accounts to ‘extract’ chatbot’s capabilities #Anthropic #accuses #Alibaba #obtaining #illicit

Class-Action Lawsuit Blames AI for Causing Gas Price Inflation in California The suit alleges that AI-powered gas pricing company Kalibrate and the gas station operators that use its software are guilty of anti-trust violations in the state. #Class #Action #Lawsuit #Blames #for

Predictions market Kalshi in talks to raise funds at $40bn valuation Rapidly growing company is increasingly challenging established derivatives and betting rivals #Predictions #market #Kalshi #talks #raise

Family sues Tesla over fatal high-speed crash into mother's front room The family of a woman killed when a Tesla crashed into her home, allegedly while in self-driving mode, is suing Elon Musk's company and the driver. #Family #sues #Tesla #over #fatal

Reid Hoffman says SpaceX is ‘not an AI company’ and xAI is a ‘complete train wreck’—and there’s room for both OpenAI and Anthropic The LinkedIn co-founder and investor in both Anthropic and OpenAI offers his most pointed public assessment yet of Elon Musk's AI ambitions. #Reid #Hoffman #says #SpaceX #not

Irish company 'assisting in commission of crimes' by supplying alumina to Russia for Ukraine war François Picard is pleased to welcome Wayne Jordash, President of Global Rights Compliance Foundation. He argues that the European Union's approach to alumina exports exposes a fundamental flaw: while seeking to constrain Russia's military-industrial capabilities through sanctions, European authorities continue to permit the export of a strategic raw material that may ultimately support Russian weapons production. #Irish #company #assisting #commission #crimes

VOLOTEA’S DIRECT FLIGHT MODEL AVOIDS 54% OF CO₂ EMISSIONS Volotea, the airline connecting small and mid-sized European cities, operates a direct-flight connectivity model that helps significantly reduce the environmental impact of air travel. According to a company study, direct flights can avoid CO2 emissions by 54% compared with itineraries requiring connecting flights. #VOLOTEAS #DIRECT #FLIGHT #MODEL #AVOIDS

SpaceX Shares Are Slumping After After Its Blockbuster I.P.O. On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago. #SpaceX #Shares #Are #Slumping #After

Saudi Red Sea Authority Issues Yacht Chartering License to 1760 Limited Company Saudi Red Sea Authority (SRSA) has issued a yacht chartering license to One Thousand Seven Hundred and Sixty Limited Company, as part of its continued efforts to build a more regulated and reliable coastal tourism sector, enhance the readiness of maritime and navigational tourism activities in the Red Sea, ensure service quality, protect the marine environment, and enable specialized investment growth in line with the objectives of Saudi Vision 2030. #Saudi #Red #Sea #Authority #Issues

World Economic Forum and Tencent Cloud Collaborate Tencent Cloud, the cloud business of global technology company Tencent, today announced that it is collaborating with the World Economic Forum’s Annual Meeting of the New Champions, also known as “Summer Davos.” The event will bring together more than 1,700 global leaders in Dalian, China, from June 23 to 25, 2026. #World #Economic #Forum #and #Tencent

OpenAI’s new ‘super app’ boss hopes to persuade users and potential IPO investors that the company is about way more than just chat Folding ChatGPT and Codex into a single platform is about winning over customers—and investors. #OpenAIs #new #super #app #boss

Porsche's CEO Wants More Profits Despite Production Downturn Porsche CEO Michael Leiters wants the company to increase profits despite selling fewer cars, suggesting more flagships and special editions are on the way. #Porsches #CEO #Wants #More #Profits

Lucid Reduces Production and Lays Off 18 Percent of Its Workforce The EV maker has implemented substantial layoffs for the second time this year, and COO Marc Winterhoff has also departed the company. #Lucid #Reduces #Production #and #Lays

Exclusive: The AI company powering public safety operations for the 2026 World Cup just raised $250 million Peregrine was built by former Stanford gymnasts and a Palantir veteran, and has nearly tripled its valuation in just 15 months. #Exclusive #The #company #powering #public

Ubisoft founder killed in plane crash The founder of Ubisoft, the gaming company behind Assassin's Creed, has been killed in a plane crash.  #Ubisoft #founder #killed #plane #crash

Sandals® Resorts Reveals the Next Chapter of Sandals 2.0 Across Three Beloved Jamaica Resorts Playing a leading role in Jamaica’s comeback, Sandals Resorts International (SRI) today unveiled a first look at the guest experiences, dining concepts and accommodations coming to Sandals Montego Bay, Sandals Caribbean Cay, renamed from Sandals Royal Caribbean, and Sandals South Coast as part of the company’s US$200 million transformation of the three storied Jamaica resorts. #Sandals #Resorts #Reveals #the #Next

The $17 billion mistake hidden inside SpaceX’s blockbuster IPO SpaceX's record-shattering IPO left $16.7 billion on the table—and the company is burning through cash fast enough that every dollar counts. #The #billion #mistake #hidden #inside