European Union regulators have opened a formal investigation into Elon Musk’s social media platform X for potential violations tied to the misuse of its AI tool Grok, the European Commission said Monday. The inquiry focuses on allegations that Grok has been used on X to create and circulate sexually explicit and harmful deepfake images, raising … Read more
French President Emmanuel Macron is pushing for an accelerated legislative process to ban children under the age of 15 from using social media platforms, aiming to have the measure take effect by September 2026 at the start of the next school year. In a video released late Saturday by French broadcaster BFM-TV, Macron said he … Read more
The World Economic Forum concluded its 2026 Annual Meeting this week with record-setting participation as the meeting brought together more than 3,000 participants from 130 countries, including 830 chief executives and board chairs and nearly 65 heads of state and government. The Forum President and CEO Børge Brende described the turnout as a record and … Read more
Microsoft Corp. and the Mercedes-AMG PETRONAS F1 Team on Thursday announced a multiyear partnership that puts Microsoft’s technologies at the heart of race team operations. Through this new collaboration, the companies aim to drive efficiencies and innovations that will help drive performance and amplify the excitement for the more than 800 million Formula 1 fans … Read more
Amazon is preparing to cut thousands of corporate jobs in what would be the largest workforce reduction in the company’s history, which would affect nearly 10% of Amazon’s white-collar workforce and extend the E-commerce giant’s efforts to streamline operations after an earlier round of layoffs. According to Reuters, the second phase of job reductions is … Read more
TikTok, the popular short-form video app owned by China’s ByteDance, has finalized an agreement to create a new U.S.-based entity that will operate the platform in the United States under majority American control, a move designed to avert a nationwide ban that had loomed for years. The deal establishes TikTok USDS Joint Venture LLC, which … Read more
Autodesk Inc. shares climbed more than 3% Thursday after the design software company said it will cut about 7% of its global workforce — roughly 1,000 jobs — to accelerate investment in artificial intelligence and cloud computing initiatives. The layoffs, which Autodesk said will mostly affect customer-facing sales teams, mark the final phase of its … Read more
The Gates Foundation and OpenAI have launched a $50 million partnership aimed at helping African countries use artificial intelligence to strengthen health care systems, starting with Rwanda. The initiative, called Horizon1000, will work with African governments and health leaders to identify how artificial intelligence can be applied effectively in public health, particularly in countries facing … Read more
Udemy President and Chief Executive Officer Hugo Sarrazin said employees are “racing to develop AI mastery,” while employers remain focused on entirely different skill sets — a misalignment that could shape hiring outcomes and career prospects in the years ahead. According to new research from Udemy conducted in partnership with Indeed, workers around the world … Read more
Global leaders at the World Economic Forum‘s 2026 annual meeting urged employers to place workers at the heart of artificial intelligence integration, warning that without intentional upskilling and inclusion, societies risk instability amid rapid job transformations. In a panel titled “Workers in the Driver’s Seat,” experts including Denis Machuel, CEO, Adecco Group, Luc Triangle, General … Read more
OpenAI’s annual revenue exceeded $20 billion in 2025, the company’s chief financial officer Sarah Friar said Monday, marking a substantial increase from about $6 billion in 2024. According to details, CFO Sarah Friar in her blog said the sharp revenue rise closely tracked an expansion of the company’s computing capacity, which grew to approximately 1.9 … Read more
In a significant move for the global media and publishing sector, Symbolic.ai Inc. has partnered with News Corp to deploy its AI-native publishing platform at Dow Jones Newswires which is the publisher of The Wall Street Journal, Barron’s, MarketWatch, Mansion Global, Financial News and Private Equity News. The agreement marks one of the most significant … Read more
Billionaire entrepreneur Elon Musk has filed a federal lawsuit seeking $134 billion from OpenAI and Microsoft, arguing the companies reaped “wrongful gains” from his early financial and strategic support during OpenAI’s founding. According to Reuters, In the filing, Musk estimated that OpenAI benefited between $65.5 billion and $109.4 billion from his contributions, while Microsoft benefited … Read more
European satellite operator Eutelsat has signed a multi-launch agreement with French space startup MaiaSpace to deploy low Earth orbit (LEO) satellites beginning in 2027, marking a strategic step for Europe as it seeks to compete more directly with SpaceX’s Starlink. MaiaSpace, a subsidiary of European rocket manufacturer ArianeGroup, will provide an additional launch option for … Read more
Pakistan signed an agreement with World Liberty Financial, a crypto company connected to U.S. President Donald Trump’s family, to pilot its stablecoin for cross-border payments. The Pakistan Virtual Asset Regulatory Authority (PVARA) said in a statement that the memorandum of understanding with SC Financial Technologies — described as an “affiliated entity” of World Liberty — … Read more
Australian government has deactivated nearly 4.7 million social media accounts belonging to children under 16 in the first month after the nation’s groundbreaking age-based ban took effect, government data shows. The eSafety Commissioner said the figure reflects platforms’ efforts to comply with a law that took effect Dec. 10 and requires major social networks to … Read more