The House of Lords Science Committee says the UK is “bleeding to death” from its inability to retain science and tech companies. Without radical reform, the country risks losing its competitive edge entirely.
Amazon has filed a lawsuit against Perplexity to prevent its Comet AI agents from making purchases on Amazon’s platform. The legal battle represents the first major conflict between retailers and AI companies over agentic shopping technology that could bypass traditional e-commerce revenue streams.
Mashreq Bank’s Chief Information Security Officer reveals how cybersecurity is shifting from pure technical defense to business enablement. The bank’s innovative BISO program and zero-based budgeting approach are changing how security integrates with strategic initiatives.
Nintendo has launched its official Store app globally after previously being Japan-only. The app lets players shop for games and accessories while also revealing a long-requested play tracking feature that works across multiple Nintendo consoles.
Walmart marketplace sellers can now apply for working capital loans and lines of credit directly from their dashboards through a new partnership with lender Lendistry. The collaboration uses real-time sales data to streamline underwriting and match financing to business growth stages. Lendistry has
Michael Burry, famous for predicting the 2008 financial crisis, has placed massive bets against AI stocks Nvidia and Palantir. His firm Scion Asset Management purchased put options on 1 million Nvidia shares and 5 million Palantir shares worth over $1 billion combined. Burry believes the AI boom sho
Uber reported strong revenue growth but missed profit expectations due to a $479 million legal charge. The company didn’t specify which cases caused the hit but faces multiple legal battles including a DOJ disability discrimination lawsuit.
IBM is cutting a low single-digit percentage of its 270,000 global workforce, with architects and engineers among those affected. The layoffs come as CEO Arvind Krishna continues advocating for AI-driven workforce transformation across the tech industry.
Cisco has revealed detailed plans for its Cisco 360 partner program overhaul at Partner Summit 2025. The new program launches January 25, 2026 and eliminates separate programs like VIP and Gold partner designations in favor of a unified incentive structure and new specializations including Secure AI
Nestlé is overhauling its ERP system to set the stage for AI and automation capabilities. The upgrade comes as the company plans to eliminate 16,000 positions globally over the next two years. This represents about 6% of their total workforce.
