The owner of Tinder, Match Group, has warned that Apple’s 30% commission on in-app payments poses a significant threat to the growth of India’s rapidly expanding digital dating market. In its submission to the Competition Commission of India (CCI), the U.S.-based company argued that Apple’s restrictive billing policies and high fees will “stifle innovation, reduce…
Porsche has reported a sharp and unexpected downturn, swinging to a $1.1 billion quarterly loss, as the German automaker’s ambitious electric vehicle (EV) expansion backfired amid deteriorating demand in its most important market—China. The results underscore the depth of the crisis facing one of Europe’s most storied car brands, which now finds itself grappling with…
In recent months, a growing number of large firms across technology, finance and services have cited artificial intelligence as the justification for sweeping job cuts. At first glance, the narrative seems to underscore the transformative power of automation—but a deeper analysis suggests that AI is increasingly serving as a convenient cover for broader restructuring strategies,…
Gilead Sciences’ antibody–drug conjugate (ADC) Trodelvy has demonstrated a 38 percent reduction in disease progression risk in patients with triple-negative breast cancer (TNBC), one of the most aggressive and treatment-resistant forms of the disease. The findings, presented at a major European oncology meeting, mark one of the most significant therapeutic advances for this subtype in…
Meta Platforms, the parent company of Facebook and Instagram, is introducing a sweeping set of parental control measures designed to give parents more oversight of how their teenage children interact with artificial intelligence on its platforms. The move comes after sharp criticism over “flirty” and inappropriate responses by the company’s AI chatbots, raising questions about…
In a dramatic show of state intervention, the Dutch government has assumed effective control over Nexperia, a semiconductor firm based in Nijmegen and owned by China’s Wingtech. The move marks a rare invocation of emergency powers under the Netherlands’ Goods Availability Act, citing “serious governance shortcomings” and pressing risks to European technological sovereignty. While Nexperia…
OpenAI has taken another major step toward technological self-reliance by striking a long-term partnership with Broadcom to develop and produce its first in-house artificial intelligence processor. The deal, one of the largest in the global semiconductor sector this year, underscores how OpenAI is accelerating its move from software innovation to hardware control—a shift aimed at…
In a bold move that signals traditional finance’s embrace of crypto infrastructure, ten major global banks have announced a joint initiative to explore issuing stablecoins pegged to G7 currencies. Rather than a speculative play, the endeavor reflects growing conviction that blockchain-based tokens backed 1:1 by fiat reserves could reshape payments, competition, and cross-border flows—but only…
When Japan’s brewing powerhouse Asahi Group was struck by a ransomware attack in late September, the disruption went beyond a simple shutdown—it forced one of Japan’s most technologically advanced beverage producers back to pen, paper, and fax machines. In the space of hours, its automated order systems, logistics platforms, and digital supply networks were paralyzed.…
Britain’s competition regulator has launched a decisive move to reshape the terrain of online search by targeting Google with unprecedented oversight. By designating Google’s general search and search advertising services as holding ““strategic market status,”“ the Competition and Markets Authority (CMA) is signaling that Google no longer simply dominates but must be regulated—potentially redefining how…
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