2026-08-10

Beyoncé bought out LVMH's stake in SirDavis whisky to take full ownership

LVMH confirmed it sold its share of the whisky venture it formed with Beyoncé in 2024, without disclosing terms [...]

2026-08-10

Apple has run out of iPhone shapes, and Jefferies just cut it to sell

Jefferies cut Apple from hold to underperform on Monday. That is the bank’s equivalent of a sell rating. It also cut its price target from $285.56 to $263.66. Fortune’s Sebastian Herrera reported the call. The bank’s supply-chain checks produced three reasons. Apple has cancelled a rumoured all-glass iPhone, memory prices are surging, and there is […]<br /> This story continues at Th [...]

2026-08-10

Nvidia is pulling Wall Street into the AI buildout. Its shares fell on the news

A group of financial firms is working with Nvidia on a $500bn funding package for AI infrastructure. The group covers Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR. The Financial Times reported the talks first. Bloomberg confirmed them with people familiar with the matter. A deal could land […]<br /> T [...]

2026-08-10

OpenAI paused a model over cyber risk on Friday. On Monday it shipped one trained to refuse less.

OpenAI released GPT-5.6-Cyber on Monday. It is a model built on GPT-5.6 Sol and trained for zero-day discovery and exploit-chain development, and the company says it was also trained to refuse fewer higher-risk dual-use cyber requests. Access runs only through Daybreak, the vetted cybersecurity programme OpenAI is now expanding. Axios’ Sam Sabin reported it first. […]<br /> This story co [...]

2026-08-10

YouTube just doubled the price of admission to its Partner Program

From 1 February 2027, a channel applying to the YouTube Partner Program will need 1,000 subscribers and 8,000 valid public watch hours over the previous 365 days. The current bar is 4,000 hours over 12 months. The Shorts route doubles as well. Twenty million valid public Shorts views over 90 days, up from 10 million. […]<br /> This story continues at The Next Web [...]

2026-08-10

House Democrats want AI CEOs under oath. Only Mike Johnson can make it happen.

The one everybody covered went to Speaker Mike Johnson. CNBC’s Megan Cassella reported it first. House Democrats want public hearings on the AI security incidents of the past month, and they want the chief executives of the largest AI companies in the witness chair. Casar chairs the Congressional Progressive Caucus. His letter does not open […]<br /> This story continues at The Next Web [...]

2026-08-10

The Ninth Circuit let 2,400 addiction lawsuits proceed without touching Section 230

The Ninth Circuit handed the social media companies a defeat on Monday. It did not hand them a ruling. The San Francisco appeals court rejected their bid to overturn a lower court and shut down some 2,400 federal lawsuits over claims they built their products to addict young users. Reuters’ Diana Novak Jones reported the […]<br /> This story continues at The Next Web [...]

2026-08-10

An AI agent deleted a stranger from a gym waitlist. The API let it

An Australian man named Andrew asked his AI agent to book him into a popular gym class. The agent booked the class. Then it deleted a stranger. The ABC’s national AI reporter Cam Wilson and the Specialist Reporting Team’s Rhiannon Hobbins broke the story on Monday. They describe what may be the first known autonomous […]<br /> This story continues at The Next Web [...]

2026-08-10

Meta is giving $1bn to data centre towns. Its proof is a tax from 1968

Mark Zuckerberg announced a $1 billion Future Is For Everyone Fund on Monday. It will invest directly in the American communities where Meta builds data centres. The commitment sits inside a 6,500-word letter, The Future is for Everyone: The Path to a Positive AI Future. Meta published both the same day. The memo gives it […]<br /> This story continues at The Next Web [...]