Germany backs EU approval of Tesla’s driver-assistance software
Germany backs EU approval of Tesla’s driver-assistance software

Germany will push for fast EU-wide approval of Tesla’s advanced driver-assistance system, transport minister Steffen Bilger said on Tuesday. Elon Musk thanked him in German on X a day later, as Tesla tries to win over a bloc where it is so far cleared …

EU considers bigger levy on large companies to tax Big Tech
EU considers bigger levy on large companies to tax Big Tech

The European Commission is looking to collect more money from Apple, Meta, Google, and other US tech companies, according to the Financial Times, which spoke with six officials who are familiar with the discussions. The Commission plans to do this by i…

Sierra announces Personal Agent Protocol, an open standard for personal AI agents
Sierra announces Personal Agent Protocol, an open standard for personal AI agents

Sierra and Meta are developing Personal Agent Protocol, an open standard defining how personal AI agents authenticate with businesses and what those businesses let them do, with Genesys, Instinct, Rocket, Shopify, Stripe and Walmart. A v0.1 specificati…

AMD’s chief says demand is outrunning supply, and that AI should police itself
AMD’s chief says demand is outrunning supply, and that AI should police itself

AMD’s Lisa Su said chip demand is running ahead of supply and will stay very high for years, and urged the AI industry to work together as an ecosystem on safety rather than naming any regulator. The European Commission has been able to inspect models,…

Lucid production falls 38% as the EV maker clears inventory
Lucid production falls 38% as the EV maker clears inventory

Lucid built 2,954 vehicles in the third quarter, its lowest quarterly output since early 2025 and a 38% fall from the second quarter, while delivering 3,806 as it cleared inventory. The company has outstanding commitments for 25,000 driverless cars wit…

Google accused of overcharging 20 million UK consumers over Play Store fees
Google accused of overcharging 20 million UK consumers over Play Store fees

Google is defending a £1.2B claim at London’s Competition Appeal Tribunal brought for about 20 million British consumers who say Play Store commissions of up to 30% were passed into the prices they paid since October 2015. It settled an equivalent clai…

Revolut’s commercial real estate lending chief exits
Revolut’s commercial real estate lending chief exits

Duncan Batty, hired from M&G Investments in January 2025 to build Revolut’s commercial real estate lending business, has left the company, with his departure appearing in Companies House filings and confirmed by a spokesperson. Neither a reason nor…

Investor urges Snap to raise outside capital for Specs
Investor urges Snap to raise outside capital for Specs

Blue Duck Capital Partners has written to Snap’s board urging it to sell about a fifth of its Specs subsidiary at a $5B valuation, raising $1B to fund roughly two years of spending without diluting Snap shareholders. It is the second fund to press Snap…

ASML’s chip packaging move threatens Besi shares, Bank of America says
ASML’s chip packaging move threatens Besi shares, Bank of America says

Bank of America cut BE Semiconductor Industries to neutral and nearly halved its price target, saying the share price does not reflect the threat of ASML entering hybrid bonding, the market Besi depends on for growth. Besi has also been approached by t…

BT takes over TalkTalk and its 2.5 million customers out of administration
BT takes over TalkTalk and its 2.5 million customers out of administration

BT Group has acquired TalkTalk’s consumer and wholesale businesses out of administration. They have 1.5 million retail customers and 1 million wholesale customers. BT announced the deal on Monday. It said a prolonged sale process for those operations h…