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‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo

Quarterly profit jump fuelled largely by unknown US refund amount as Japanese video game giant records overall sales drop Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donald Trump’s tariffs.The company said profits surged 53.5% to ¥147.4bn (£694m) over the three months […]

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‘I’m not spying’: how Meta’s smartglasses have divided opinion

While some users say the wearables have changed their lives, critics voice fears over safety and privacyWith more than 7m pairs reportedly sold in 2025, Meta’s Ray-Ban smartglasses are fast becoming one of the world’s most popular gadgets.While supporters say they are transforming photography and accessibility, critics have raised concerns about nonconsensual filming, privacy and

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Meta says its AI model hacked into another company during testing

Company is the third to report such an incident after Anthropic and OpenAI reported breaches during trainingMeta said on Wednesday that one of its AI models hacked ⁠another company during cybersecurity testing, after an error by its testing partner gave the model unintended internet access.The incident adds to a ⁠growing list of ⁠cases in ​which

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Democracy is at stake when foolish humans bet on machines being intelligent | Rafael Behr

We need an enlightened US president to make the case for global AI regulation. Donald Trump is the exact opposite of what is neededWhen I am woken by the sound of my dog whining, I understand that she is hungry and wants me to get up. When my alarm clock goes off, I don’t consider

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Video game maker EA bought by Saudi-led group for $55bn

Company acquired in deal involving Affinity Partners, a firm run by Donald Trump’s son-in-law Jared KushnerElectronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn).The company announced the completion of the deal on Tuesday

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Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts

Software group benefits from global systems and accounting practices ‘that enable tax to be shirked’, says union bossThe software group Palantir paid just £2m in corporation tax in the UK in 2024, despite holding public sector contracts worth hundreds of millions, thanks to tax breaks that are likely to reduce its contributions to governments around

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OpenAI pays $3.2m to settle claims it discriminated against US workers

Company and subsidiary Statsig alleged by US justice department to have favored foreign workers in hiringOpenAI and a subsidiary will pay $3.2m to settle US government claims that they ⁠favored foreign workers with temporary employment visas and discriminated against US job applicants in recruiting and hiring, the justice department said ⁠on Tuesday.The justice ⁠department in

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US stock market hits record highs as AI profits pile and oil prices ease

S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months agoThe US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.The S&P 500 shot up 1.8%, and the main measure of Wall Street’s

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Trump administration reportedly drafting ban on Chinese datacenter components

Trump’s FCC is developing a measure to bar US imports of new models of Chinese datacenter devices, sources sayThe Trump administration is reportedly drafting a ban on US imports of new models of Chinese datacenter components, in the latest sign US authorities are scrambling to respond to the rapid development of AI technology in China.Four

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US water facilities targeted by ‘malicious cyber actors’ – who’s to blame?

Despite Trump’s efforts to blame Tim Walz and Minnesota, officials suspect Iran behind attacks on US infrastructureLate last week, federal authorities issued a stern warning saying “malicious cyber actors” were targeting water and wastewater facilities in at least seven states across the US. Minnesota appeared to be the hardest hit with 30 of its water

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