Scammers are abusing an internal Microsoft account to send spam links
The loophole allows spammers and scammers to send emails from a legitimate Microsoft email address typically used for sending genuine account alerts.
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Beauty booking startup Fresha hits $1 billion valuation with KKR backing
Beauty and wellness booking marketplace Fresha says it has raised $80 million investment from KKR’s Next Generation Technology Growth fund, KKR's growth equity arm.
Grok’s federal stall is undercutting SpaceX’s IPO growth story
Downloads have fallen from 20m in January to 8.3m in April, paid conversion is a fifth of ChatGPT’s, the $0.42-per-agency GSA deal is now stalled, and SpaceX has rented out the Memphis Colossus 1 cluster to Anthropic for $1.25bn a month. SpaceX’s S-1 filed on Tuesday rests on an AI-revenue line Grok is no longer […]This story continues at The Next Web
Taiwan moves to detain three over alleged illegal high-end AI server exports to China
The investigation is the island’s first formal semiconductor-smuggling crackdown and ties back to the wider Supermicro-linked diversion network that has been routing Nvidia Hopper systems into Chinese customers through Hong Kong and third-country relays. Taiwanese prosecutors are seeking the detention of three individuals over the alleged use of forged documents to export high-end Nvidia AI […]This story continues at The Next Web
Trump administration moves to underwrite US AI exports with billions in EXIM financing
EXIM has more than $100bn of unused statutory lending capacity that the White House wants channelled into US-built, full-stack AI export packages, with the Commerce Department running a public solicitation for industry-led consortia. The Trump administration is moving to underwrite US-made AI exports with billions of dollars of federal export financing, the latest in a […]This story continues at The Next Web
ICEYE secures a €300M revolving credit facility from a seven-bank syndicate
The Helsinki-headquartered SAR-satellite operator has originated a 3-year committed RCF led by Citi and Danske Bank, calibrated to back customer-contract guarantees and underwrite continued global expansion after the company doubled in size in 2025. ICEYE, the Helsinki-headquartered synthetic-aperture-radar satellite operator, has originated a €300m three-year committed revolving credit facility, the company said on Thursday. The […]This story continues at The Next Web
Samsung chip workers offered a $340,000 average bonus as union pushes toward $1m and an 18-day strike
Leaked transcripts show memory-line staff offered up to 607% bonuses worth $477,000, while logic-chip employees get as little as 50%. The 45,000-person walkout, if it lands, would be the largest in semiconductor-industry history. Samsung Electronics will pay its chip workers an average bonus of about $340,000 for the year, Bloomberg reported on Thursday, as the company […]This story continues at The Next Web
Starling’s FY26 profit dips again as the neobank provisions for more credit losses
The Goldman-backed UK challenger has booked a second consecutive annual decline as it takes additional expected-credit-loss provisions, on top of the FY25 fallout from the BBLS Covid-loan compliance issue and the FCA’s £29m anti-money-laundering fine. Starling Bank’s annual profit fell again in the year to 31 March 2026, Bloomberg reported on Thursday, as the Goldman-backed UK […]This story continues at The Next Web
Manus eyes $1bn raise to buy itself out of Meta acquisition after Chinese block
Beijing has ordered the Singapore-via-China agentic AI startup to reverse Meta’s $2bn-plus December acquisition. Manus’s response, on Bloomberg’s reporting, is to raise the capital required to buy itself back out. Manus AI, the Singapore-headquartered agentic-AI start-up at the centre of the Chinese regulatory block on Meta’s $2bn-plus December acquisition, is weighing a fresh capital raise […]This story continues at The Next Web
AMD commits more than $10bn to Taiwan’s AI ecosystem with ASE, SPIL and Helios as the visible deliverables
Lisa Su’s Taiwan announcement covers advanced silicon, packaging and manufacturing partnerships for the company’s rack-scale Helios platform, set for deployment in the second half of 2026. AMD announced on Wednesday more than $10bn of investments across Taiwan’s semiconductor ecosystem to expand strategic partnerships and scale advanced packaging manufacturing for next-generation AI infrastructure. The commitment covers a multi-year […]This story continues at The Next Web
Malaysia issues a statutory demand to TikTok over content moderation failures
The MCMC’s first formal Section 39 enforcement under the Online Safety Act 2025 lands on TikTok, with a maximum financial penalty of RM10 million in play if the platform fails to deliver an enforceable moderation plan. Malaysia’s Communications and Multimedia Commission has issued a formal statutory demand to TikTok over what regulators describe as a […]This story continues at The Next Web
China blocks NVIDIA’s RTX 5090D V2 imports while Jensen Huang was in Beijing
The ban on the China-only Blackwell card landed during the Trump delegation’s state visit, on which the Nvidia CEO was a late addition. Chinese AI buyers had been using the 5090D V2 as a workaround for the H200 procurement vacuum. China stopped granting import permits for Nvidia’s RTX 5090D V2 gaming card on 15 May, […]This story continues at The Next Web
Elon Musk's SpaceX IPO plans reveal blockbuster spending on rockets and AI
Elon Musk's SpaceX is getting ready to break new records on Wall Street — and make one of the world's wealthiest men even ...
SpaceX confirms plans for an IPO that could make Elon Musk a trillionaire
SpaceX confirmed plans to sell shares of its stock to the public for the first time, according to a securities filing ...
SpaceX files for IPO as rocket company preps for market debut
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
Elon Musk's plan to keep complete control of SpaceX even after it goes public
Musk will serve as the company's CEO, chief technical officer, and chairman of its board. He'll also control the election of ...
Elon Musk's Ex Ashley St. Clair Makes Wild Claims About His Role in Election, Source Denies
Elon Musk's ex, Ashley St. Clair, says the X owner alluded to using advanced technology in the 2024 election ... along with ...
Elon Musk's new 'Marshot' pay package could be worth billions — if he helps colonize Mars
Elon Musk's SpaceX pay package has a sci-fi-inspired compensation structure that literally requires getting humanity to another planet.
Elon Musk’s Freakout Over ‘The Odyssey’ Casting Makes Sense Given His Belief In This Conspiracy Theory
"At some point, we are obligated to call a pattern what it is," one political science professor said after Elon Musk tweeted ...
"The Boys" takes a shot at Elon Musk in final episode
"The Boys" ended the series with more pointed political satire that the show has become known for.