2026-08-04
TikTok has a consistent answer to the lawsuits accusing it of harming children: settle, quietly, before a jury sees the evidence. On Monday it did so again. The company has agreed to settle three cases it was scheduled to fight in October, Reuters reported. The three were bellwethers, test cases drawn from roughly 3,300 suits […]<br /> This story continues at The Next Web [...]
2026-08-04
The bottleneck in AI is no longer chips. It is power, and the scramble to secure it is sending data-centre builders to the banks for billions in financing commitments, Bloomberg reports.The shift is a big one. For much of the AI boom the scarce resource was Nvidia’s GPUs; now it is electricity, along with the […]<br /> This story continues at The Next Web [...]
2026-08-04
Spotify gave investors a number they did not love. The streaming company guided to third-quarter operating income of €670m, just short of the €678m Wall Street had pencilled in, and the stock has already had a rough year. Spotify is also fighting on newer fronts. A flood of AI-generated tracks has swamped streaming, and rivals […]<br /> This story continues at The Next Web [...]
2026-08-04
The Big Four built its fortune on armies of junior consultants and accountants. PwC has started hiring fewer of them. Its US boss says that is the future, and he is comfortable with it. Paul Griggs, PwC’s US senior partner and chief executive, told Business Insider the firm hired fewer consultants and accountants this year […]<br /> This story continues at The Next Web [...]