A Dutch foundation is suing Netflix for up to €673M. Italy already ruled its price hikes unlawful. The legal target is the generic pricing clause every streaming service uses.

Sing Tao Daily reports that Uber has acquired Hong Kong’s Fly Taxi. The deal, if confirmed, removes the main alternative metered-taxi-hailing app from the market.

NYBCe and CZ Biohub will derive iPSC lines from cord blood's immune cells, creating shared, broadly compatible resources for cell therapy, disease modelling, and AI-driven drug development.

Mark Zuckerberg told Meta employees on Thursday that the May 20 layoffs are driven by AI capital spending rather than AI productivity gains.

Twilio raised its full-year 2026 revenue forecast to 14–15% growth and reported Q1 revenue of $1.41bn, its fastest organic growth in three years.

OpenAI-backed 1X has opened a factory in Hayward, California to produce 10,000 NEO home humanoid robots in year one, scaling to 100,000+ by the end of 2027.

US debt hits 100% of GDP for the first time since WWII. Interest payments top $1 trillion. Big Tech's AI capex tops $690B. Both are financed with debt from the same pool.

Octopus Energy puts $500M into Living Carbon to plant trees on degraded US land. Google, Meta, and McKinsey buy 131,240 tonnes of carbon credits. The irony runs deep.

Kenyan workers lost their jobs after telling journalists they saw users having sex and undressing through Meta smart glasses footage. Regulators and lawyers responded.

McKinsey’s new report argues most companies are accelerating existing work rather than redesigning workflows around AI.

Reddit reported first-quarter 2026 revenue of $663m (+69% YoY), beat estimates across every line, raised Q2 guidance above consensus.

Three weeks after launch, Anthropic’s Mythos has the White House opposing its expansion, the Pentagon trying to ban its maker, the NSA quietly using it.