2026-08-04

Britain didn’t drop its Apple backdoor. It cut the Americans out and tried again.

Britain tried to force a backdoor into Apple’s encryption last year and lost. It has not given up. It has narrowed the demand, served it again, and Apple is back in a secret court to fight it. Apple has filed a fresh challenge at the Investigatory Powers Tribunal, the closed UK court for secret-surveillance cases, […]<br /> This story continues at The Next Web [...]

2026-08-04

Nvidia and Dell back AI cloud startup Volta at a $2.4bn valuation

A new company wants to be the one that pays for everyone else’s AI chips. Volta Infra Holdings has raised $300m in venture funding and lined up a further $5bn in financing to help a broader range of tech firms afford Nvidia’s costly hardware, in a round that values it at $2.4bn. The raise was […]<br /> This story continues at The Next Web [...]

2026-08-04

Silicon Valley’s rift over open source pushes back contemplated White House bans on Chinese AI

The Trump administration discussed sanctions and cloud bans targeting Chinese open-source AI models, according to the New York Times. OpenAI and Anthropic pushed for restrictions, while Nvidia, Google, and Meta fought back. After pushback from Silicon Valley, Washington backed off for now, but a decision is expected before Xi Jinping's visit in September.<br /> The article Silicon Valle [...]

2026-08-04

ON Semiconductor posted stronger profit as AI data center demand surged

The chipmaker beat analyst estimates on both profit and revenue, and now expects its AI data center business to more than double in 2026 [...]

2026-08-04

UBS was fined a record $125 million for repeated money laundering failures

The penalty is the largest ever imposed against a broker-dealer under the Bank Secrecy Act, and marks FinCEN's second action against the firm [...]

2026-08-04

Merck slashed its profit forecast as acquisition costs piled up, but it beat on revenue

The pharma giant now expects adjusted earnings of $2.66 to $2.76 per share, down from a prior range of $5.04 to $5.16 [...]

2026-08-04

BP's profit more than doubled as the Iran war sent oil prices soaring

The British energy giant posted $3.91 billion in net profit for the second quarter, up from $1.62 billion a year earlier [...]

2026-08-04

Cillian Kieran, Founder and CEO of Ethyca – Interview Series

Cillian Kieran, Founder and CEO of Ethyca, is a serial entrepreneur and privacy engineer with more than two decades of experience building data-intensive technology businesses. Before founding Ethyca in 2019, he led digital agency CKSK for a decade and subsequently founded BrandCommerce, drawing on his background in software engineering, user experience and large-scale enterprise data programmes. [...]

2026-08-04

AI Is Not the Transformation. Decision Velocity Is.

Intelligence without speed creates the illusion of progress Most enterprises today consider themselves analytically mature. They have invested in modern data platforms, built advanced models, and scaled analytics teams. Now, many are layering in generative AI. From the outside, this looks like transformation. Inside the organization, decision-making often feels no faster than it did years ago. The [...]