Nvidia becomes first company to reach $4tn in market value

Ongoing surge in demand for AI technology fueled stratospheric rise of chipmaker’s value

Chipmaker Nvidia became the first public company in history to scale a $4tn market value on Wednesday as its stock price continues a years-long stratospheric rise.

Shares of the top chip designer rose roughly 2.4% to $164, benefiting from the ongoing surge in demand for artificial intelligence technologies. Nvidia’s chips and associated software are considered world leaders for building artificial intelligence products.

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Apple appeals against ‘unprecedented’ €500m EU fine over app store

iPhone maker accuses European Commission of going ‘far beyond what the law requires’ in ruling

Apple has launched an appeal against an “unprecedented” €500m (£430m) fine imposed by the EU on the company, in the latest clash between US tech companies and Brussels.

The iPhone maker accused the European Commission – the EU’s executive arm – of going “far beyond what the law requires” in a dispute over its app store.

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‘We’re an antidote’: Boss of Legoland owner on the thrill of theme parks in a world of technology

Fiona Eastwood says real-life experiences that bring people together are vital amid a battle for attention in the digital era

Artificial intelligence is in the process of upending the business models of companies all over the world, but when it comes to the $100bn (£73bn) global theme park business the thrill of “big metal” rollercoasters is still the biggest draw.

Fiona Eastwood, the boss of the sector’s second biggest operator, Merlin Entertainments, says that in a world dominated by battles over screen time it is real-life experiences that provide families with an “antidote to phones and digital technology”.

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Trump to start TikTok sale talks with China, he says, with deal ‘pretty much’ reached

President also says he may visit Xi Jinping or Chinese leader could come to US after Trump last month extended app sale deadline for third time

Donald Trump has said he will start talking to China on Monday or Tuesday about a possible TikTok deal.

The United States president said the US “pretty much” had a deal on the sale of the TikTok short-video app.

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EU may as well be ‘province of China’ due to reliance on imports, says industrialist

Stefan Scherer, boss of AMG Lithium, says Europe must become more self-sufficient in critical raw materials and new technologies

The EU may as well “apply to be a province of China” such is its inability to wean itself off that country’s supply of critical raw materials used in everything from electric vehicles to smartphones and wind turbines, a leading German industrialist has said.

As chief executive of AMG Lithium, the EU’s first factory to make the lithium hydroxide used in many car batteries, Stefan Scherer sits at the centre of what has been dubbed a new gold rush.

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‘A billion people backing you’: China transfixed as Musk turns against Trump

Tesla CEO’s feud with US president dominates Chinese social media, with many praising his ‘tech-driven mindset’

Few break-ups have as many gossiping observers as the fallout between the once inseparable Donald Trump and Elon Musk.

The ill-fated bromance between the US president and the world’s richest man, which once raised questions about American oligarchy, is now being pored over by social media users in China, many of whom are Team Musk.

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China hosts first fully autonomous AI robot football match

Footage of three-a-side game shows humanoids struggling to kick the ball or stay upright

They think it’s all over … for human footballers at least.

The pitch wasn’t the only artificial element on display at a football match in China on Saturday. Four teams of humanoid robots took on each other in Beijing, in games of three-a-side powered by artificial intelligence.

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Mark Zuckerberg’s secret list of top AI talent to poach has tech world atwitter

Meta CEO reportedly to offer pay packages worth up to $100m, a gambit OpenAI’s Sam Altman calls ‘crazy’

Mark Zuckerberg reportedly spent months putting together a list of the top AI engineers and researchers across the globe, preparing to offer potential recruits lucrative compensation packages in Meta’s attempt to poach AI talent from key competitors.

Silicon Valley has been talking for weeks about the Meta CEO’s quest to attract top AI talent, including by offering pay packages worth up to $100m.

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US supreme court rules in favor of age checks for pornography websites to keep children away

Court’s conservative justices said Texas law requiring online age verification didn’t violate free expression. PornHub had gone dark in Texas in protest of the law

The US supreme court ruled that a Texas law requiring that pornography websites verify the ages of their visitors was constitutional on Friday, the latest development in a global debate over how to prevent minors from accessing adult material online.

“HB 1181 simply requires adults to verify their age before they can access speech that is obscene to children,” Clarence Thomas wrote in the court’s 6-3 majority opinion. “The statute advances the state’s important interest in shielding children from sexually explicit content. And, it is appropriately tailored because it permits users to verify their ages through the established methods of providing government-issued identification and sharing transactional data.” Elena Kagan dissented alongside the court’s two other liberal justices.

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UK study shows 8% of children aged eight to 14 have viewed online pornography

Ofcom says research shows need for stricter age checks being introduced in July, which most major sites have signed up to

Nearly one in 10 children aged eight to 14 have watched online pornography, according to the UK’s communications watchdog, as most adult content providers gear up to adopt stronger age checks ahead of a 25 July deadline.

Ofcom published research showing that 8% of children aged eight to 14 in the UK had visited an online pornography site or app over a month-long period. Boys aged 13 to 14 were the most likely viewers, with two out of 10 visiting adult sites.

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Doge employee ‘Big Balls’ has resigned, says White House official

One of Doge’s best-known workers Edward Coristine, 19, quits a month after his former boss Elon Musk’s departure

One of the US so-called “department of government efficiency” (Doge) service’s best-known employees, 19-year-old Edward Coristine, has resigned from the US government, a White House official said on Tuesday, a month after the acrimonious departure of his former boss Elon Musk.

The White House official gave no further details on the move and Coristine did not immediately return an email seeking comment.

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Google could be forced to change UK search as watchdog takes steps

CMA proposes tightening regulation, which could lead to site giving users option to choose alternative services

Google could be forced to make a series of changes to its search business, including giving internet users an option to choose an alternative service, after the UK competition watchdog proposed tightening regulation of the company.

The Competition and Market Authority is preparing to give the world’s largest search engine the designation “strategic market status”, a term for tech companies deemed to have considerable market heft that enables the watchdog to use extra powers to regulate them.

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Pornhub and other adult sites back online in France after three-week protest

Adult websites back online after court suspended decision requiring platforms based in the EU to verify users’ ages

Major adult websites Pornhub, YouPorn and RedTube were back online in France Friday after a court suspended a decision requiring pornographic platforms based in the European Union to verify users’ ages.

The three platforms’ owner, Aylo, based in Cyprus, had made its websites unavailable in France in early June as a protest against the French decree. Failure to comply could have lead to sanctions including fines or the blocking of the websites.

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Amazon boss tells staff AI means their jobs are at risk in coming years

Andrew Jassy tells white collar workers that such technology means fewer people will be needed for some jobs

The boss of Amazon has told white collar staff at the e-commerce company their jobs could be taken by artificial intelligence in the next few years.

Andrew Jassy told employees that AI agents – tools that carry out tasks autonomously – and generative AI systems such as chatbots would require fewer employees in certain areas.

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NHS staff unsettled by patients filming care and posting videos on social media

Radiographers voice concerns about being filmed without consent and say trend could violate other patients’ privacy

NHS staff have voiced concern about the growing numbers of patients who are filming themselves undergoing medical treatment and uploading it to TikTok and Instagram.

Radiographers, who take X-rays and scans, fear the trend could compromise the privacy of other patients being treated nearby and lead to staff having their work discussed online.

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Workers in UK need to embrace AI or risk being left behind, minister says

Peter Kyle calls on employees and businesses to act now to get to grips with technology amid forecasts of job losses

Workers in the UK should turn their trepidation over AI into “exhilaration” by giving it a try or they risk being left behind by those who have, the technology secretary has said.

Peter Kyle called on employees and businesses to “act now” on getting to grips with the tech, with the generational gap in usage needing only two and a half hours of training to bridge.

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Astronaut missions postponed amid concerns about leaks at International Space Station

Chartered spaceflight for India, Poland and Hungary’s first astronauts in decades delayed indefinitely

A chartered spaceflight for India, Poland and Hungary’s first astronauts in decades has been delayed indefinitely because of leak concerns at the International Space Station.

The National Aeronautics and Space Administration (Nasa) said Thursday that it had postponed the Axiom Mission 4 to the ISS to monitor the cabin pressure on the Russian side of the orbiting lab before accepting visitors. Officials stressed that the seven astronauts currently at the space station are safe and that other operations up there would not be affected.

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BYD launches cheapest UK model in bid to overtake Tesla as biggest electric carmaker

Dolphin Surf will start at £18,650 – among the cheapest new vehicles on sale in Britain

The Chinese manufacturer BYD has launched its cheapest model in the UK, in the latest stage of its efforts to overtake Tesla as the world’s biggest electric carmaker.

The Dolphin Surf will start at £18,650, a price that puts it among the cheapest new vehicles on sale in Britain.

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‘They went too far’: Musk says he regrets some of his posts about Trump

Tesla share price rises as former head of president’s ‘efficiency’ drive seems to retreat from explosive falling out

Elon Musk has expressed contrition for some of his tweets about Donald Trump last week, in an apparent effort to retreat from an explosive falling out that has threatened to damage the Tesla boss’s business interests.

Musk was by far the biggest donor to Trump’s presidential campaign, but tensions between the two erupted into public view last week and rapidly escalated, as the world’s richest man called for the president’s impeachment and mocked his connections to the sex offender Jeffrey Epstein in a series of posts.

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UK media regulator investigates possible online safety breaches at 4chan

Ofcom looks into whether 4chan and file-sharing services failed to put measures to protect users from illegal content

Britain’s media regulator, Ofcom, on Tuesday launched nine investigations into the internet message board 4chan as well as several file-sharing services over possible breaches of online safety laws.

Britain’s Online Safety Act, passed in 2023, sets tougher standards for platforms to tackle criminal activity, with an emphasis on child protection and illegal content.

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