TECH NEWS
The US Commerce Department has lifted the export controls it placed on Anthropic’s most advanced models, ending a roughly three-week freeze that had pulled the company’s Claude Fable 5 offline. Reuters first reported the move on Tuesday, 30 June, citing a person familiar with the decision. Within hours,
TECH NEWS
Asia’s factories grew again in June, and the global scramble for AI hardware is doing much of the lifting, according to survey data published this week. Brisk demand for chips, servers, and data-centre equipment kept order books full even as the Iran war pushed up energy costs and lengthened
TECH NEWS
South Korea’s competition regulator has accused Google of abusing its dominant position in the Android app market, and signalled it will recommend corrective measures and a financial penalty. The Korea Fair Trade Commission said on Wednesday that its Market Surveillance Bureau found conduct affecting 14.16 trillion won, or
TECH NEWS
Lime has priced its US initial public offering at $25 a share, according to Bloomberg News. That is the midpoint of the $24 to $26 range the company had marketed. The offering raised roughly $174m in total. Neutron Holdings, the corporate entity behind Lime, sold 6.68 million shares in
TECH NEWS
Aconsortium of more than 140 financial and technology companies, among them Visa, Mastercard, Stripe and Coinbase, launched a new dollar-pegged stablecoin on Tuesday called Open USD. The venture, run by an independent company named Open Standard, is a direct swipe at the economics that have made Circle and Tether the
TECH NEWS
Bending Spoons, the Milan software group that owns Vimeo, WeTransfer and Evernote, has priced its US initial public offering above the marketed range to raise $1.68bn. The company and existing shareholders, including Baillie Gifford, sold 57.97 million shares at $29 each, according to a statement reported by Bloomberg.
TECH NEWS
CBC plans to raise its annual technology spending to more than $771mn, according to Bloomberg, as Singapore’s second-largest lender leans harder into AI and digital banking. The increase marks one of the first strategic signals from Tan Teck Long, who took over as group chief executive on 1 January
TECH NEWS
Apple chief executive Tim Cook and the European Union’s technology chief spoke by video call on Monday, and both sides came away describing the exchange as “constructive”. That word is doing a lot of work. Executive Vice-President Henna Virkkunen, who oversees the bloc’s digital rulebook, held the meeting
TECH NEWS
One of the stronger no-code platforms, Replit has plenty of useful features (including its own IDE) and will generate a web app relatively quickly. However, the free option is limited and publishing a project requires some patience. Pros * +Efficient no-code generation * +Offers useful feedback and suggestions for revision * +Built-in IDE
TECH NEWS
Cloud computing should make businesses more focused on their business, not more focused on their cloud. That distinction has gotten lost. A company that has moved its operations to the public cloud and then deployed significant engineering capacity to manage that environment has not simplified anything. It has traded one
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Sponsor Posts Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access! Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards.
TECH NEWS
Check Point Research recently uncovered something that changes how we think about AI-assisted threats: a malware sample in which an AI model independently connected a theoretical browser risk to a working ransomware technique, with no exploit, no app installation, and no technical expertise required from the attacker. A Noisy Sample
