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Hollywood's Warner Bros. Discovery challenge an AI firm over copyright claims
Sep 05,2025
Warner Bros. Discovery has filed a lawsuit against AI company Midjourney, accusing it of large-scale infringement of its intellectual property. The move follows similar actions by Disney and Universal, signalling growing pressure from major studios o...
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New OpenAI platform aims to connect employers and talent
Sep 05,2025
OpenAI has announced plans to launch an AI-powered hiring platform to compete with LinkedIn directly. The service, OpenAI Jobs Platform, is expected to debut by mid-2026. Applications CEO Fidji Simo said the platform will help businesses and employee...
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Perplexity AI teams up with PayPal for fintech expansion
Sep 05,2025
PayPal has partnered with Perplexity AI to provide PayPal and Venmo users in the US and select international markets with a free 12-month Perplexity Pro subscription and early access to the AI-powered Comet browser. The$200 subscription allows unlimi...
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CJEU confirms Zalando's status as very large online platform under DSA
Sep 04,2025
On 25 April 2023, the European Commission designated Zalando, as a 'very large online platform' (VLOP) under the Digital Services Act (DSA), noting that over 83 million people used the platform monthly, well above the 45 million threshold. As a VLOP,...
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TSMC faces curbs on shipping US tech to China
Sep 04,2025
The United States has revoked Taiwan Semiconductor Manufacturing Company's licence to ship advanced technology from America to China. The decision follows similar restrictions on South Korean firms Samsung and SK Hynix, increasing uncertainty for chi...
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Key AI researchers depart Apple for rivals Meta and OpenAI
Sep 04,2025
Apple is confronting a significant exodus of AI talent, with key researchers departing for rival firms instead of advancing projects in-house. The company lost its lead robotics researcher, Jian Zhang, to Meta's Robotics Studio, alongside several cor...
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Statsig to be acquired by OpenAI in Pound 1.1bn deal
Sep 04,2025
OpenAI has agreed to acquire the product development startup Statsig in an all-stock deal valued at Pound 1.1 billion, marking one of the most significant acquisitions in the company's history. Statsig, founded in 2021, provides tools for developers ...
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Privacy concerns arise as Google reportedly expands gaming data sharing
Sep 04,2025
Google may roll out a Play Games update on 23 September adding public profiles, stat tracking, and community features. Reports suggest users may customise profiles, follow others, and import gaming history, while Google could collect gameplay and dev...
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Hong Kong sees surge in stablecoin licensing interest
Sep 04,2025
Bank of China's Hong Kong-listed shares jumped 6.7% on Monday after reports that the bank's local branch is preparing to apply for a stablecoin issuer licence. The Hong Kong Economic Journal said the branch has already formed a task force to explore ...
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Ukraine's central bank warns against adding virtual assets to national reserves
Sep 04,2025
Ukraine's National Bank (NBU) has ruled out adding cryptocurrencies to the country's foreign currency reserves, calling the proposal premature and high-risk. First Deputy Governor Serhiy Nikolaychuk said crypto volatility could reduce reserves and th...
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Tesla shifts focus from cars to robots
Sep 03,2025
Tesla CEO Elon Musk said the company's future will focus on robots, with the Optimus humanoid project central to its value. Introduced in 2021, Optimus is still in development and years from revenue, yet Elon says it could represent 80% of Tesla's va...
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EU and Australia diverge on paths to AI regulation
Sep 03,2025
The regulatory approaches to AI in the EU and Australia are diverging significantly, creating a complex challenge for the global tech sector. Instead of a unified global standard, companies must now navigate the EU's stringent, risk-based AI Act and ...
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