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Lloyds Banking Group has agreed to acquire London fintech Curve for a reported £120 million. The move marks the bank’s latest step in expanding its digital payments and wallet capabilities, aiming to integrate Curve’s card-consolidation technology into its mobile platform by mid-2026, subject to regulatory approval.
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President insisted the US requires a single federal AI standard. He warned that competing state rules could stifle innovation and allow China to overtake the US in the global AI race.
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Microsoft and Nvidia will invest a combined $15 billion in Anthropic. The Claude-maker has, in turn, committed to spend $30 billion on Microsoft’s Azure cloud services.
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EU regulators have launched investigations into Amazon Web Services and Microsoft Azure. The European Commission says the probes will examine whether the two tech giants’ cloud services should face tougher obligations under digital market rules.
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Sundar Pichai says no company is immune to correction risks. The Alphabet chief compared today’s AI surge to the dotcom era, as analysts warn valuations, infrastructure spending, and energy demands are stretching business models from Silicon Valley to the City.
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Bitcoin slid beneath US $90,000 for the first time in seven months. The world’s largest cryptocurrency is now down nearly 30 percent from its October peak, as investor appetite for risk assets continues to fade.
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Apple accelerates its CEO succession plans amid leadership transition talks. The board is reportedly advancing internal preparations for Tim Cook’s eventual departure, with senior executives said to be refining the company’s next phase of leadership continuity ahead of a potential change as early as next year.
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Only two per cent of CMOs say their marketing data is strong. Most are investing in AI without fixing weak data foundations, leaving advanced tools underperforming and marketing budgets misfiring, according to new findings from Intermedia Global.
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Salesforce launches new initiatives focused on sustainable water usage. The CRM provider’s efforts include enhancing data centre sustainability, investing in watershed resilience in Brazil and Mexico, and scaling its blue carbon initiatives to mitigate environmental impacts….
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UK insurers paid out at least £197 million in cyber claims last year. Cyber insurance payouts by UK insurers tripled in 2024, according to the Association of British Insurers, as attacks on companies became more frequent and costly.