The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system
The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system

Britain’s banks run on four American clouds. The Treasury reckons two-thirds of UK firms lean on the same handful. Now the regulators are stepping in. The UK has named Microsoft, Google, Amazon and Oracle as “critical third parties” to its financial sy…

The Singapore side door: OpenAI and Google are selling frontier AI to blacklisted Chinese giants
The Singapore side door: OpenAI and Google are selling frontier AI to blacklisted Chinese giants

Three Chinese tech giants are on a US military blacklist. All three can still buy America’s best AI, as long as they buy it in the right country. Three of China’s biggest technology companies sit on a US military blacklist. All three can still reach so…

Palo Alto’s CEO says AI prices must fall 90% before the tech really takes off
Palo Alto’s CEO says AI prices must fall 90% before the tech really takes off

Palo Alto Networks chief executive Nikesh Arora says the cost of running AI needs to plunge before businesses can deploy it at scale. He told CNBC on Thursday that token prices may need to fall by as much as 90%, according to CNBC. Arora was reacting t…

EU Parliament revives a ‘zombie’ child-abuse scanning bill it rejected in March
EU Parliament revives a ‘zombie’ child-abuse scanning bill it rejected in March

The European Parliament has voted to advance a bill letting tech companies legally scan for child sexual abuse material. On Thursday in Strasbourg, lawmakers sent the proposal to EU member states for approval, Politico reports. The twist is that Parlia…

A Waymo called the cops on two teens drinking and shooting toy guns
A Waymo called the cops on two teens drinking and shooting toy guns

Two 15-year-olds in San Mateo learned this week that a driverless taxi can still tell on you. The pair were drinking alcohol and shooting Orbeez, soft water-filled pellets, out of a moving Waymo on Monday afternoon. The car’s remote monitors spotted it…

The John Deere repair win isn’t about tractors. It’s about software lock-in
The John Deere repair win isn’t about tractors. It’s about software lock-in

John Deere owners can finally fix their own machines. The US Federal Trade Commission and five states have reached a settlement with the tractor giant that forces it to share the software and tools needed for repairs, the Associated Press reported. It …

Oracle’s Mark Hura: your AI advantage is your data, not the model
Oracle’s Mark Hura: your AI advantage is your data, not the model

The pitch for enterprise AI usually starts with the model. Mark Hura, Oracle‘s president of global field operations, wants to flip that. He spoke on stage at the RAISE Summit in Paris. The companies winning with AI, he argued, are not shopping for an A…

Lithuania’s Oxylabs raises $130M from Warburg Pincus at a $3.6bn valuation
Lithuania’s Oxylabs raises $130M from Warburg Pincus at a $3.6bn valuation

Oxylabs has raised $130M from private equity firm Warburg Pincus. It is the company’s first outside investment since it launched in 2015. The deal values the Vilnius-based data infrastructure firm at around $3.6bn. Oxylabs announced the raise on Thursd…

Every new EU car now needs a camera that watches the driver
Every new EU car now needs a camera that watches the driver

A new wave of mandatory safety technology took effect for cars and vans across the EU on 7 July. Every newly manufactured passenger car and van must now carry advanced driver aids, the European Commission has confirmed. The headline additions are an ad…

Suspected Chinese spies are raiding university mailboxes via a Roundcube flaw
Suspected Chinese spies are raiding university mailboxes via a Roundcube flaw

A suspected Chinese espionage group has been breaking into university mail servers across the United States and Canada. It has stolen credentials from staff in physics, engineering, and national security research. Security firm Proofpoint disclosed the…