What’s behind Europe’s efforts to ditch US software in favor of sovereign tech

Governments across Europe are looking to rely less on American tech providers.

Investors back Skye’s AI home screen app for iPhone ahead of launch

Skye’s new AI app attracted investors before it even launched — a sign of interest in a more AI-aware iPhone.

Data center demand drives 66% surge in natural gas power plant costs

Natural gas power plant costs have nearly doubled in two years and take 23% longer to build as data center electricity demand skyrockets.

Hacker who allegedly carried out cyberattacks for China is extradited to US

Xu Zewei is accused of participating in a Chinese government hacking group that broke into thousands of U.S. organizations and stole COVID-19-related research.

OpenAI ends Microsoft legal peril over its $50B Amazon deal

OpenAI has won major concessions from its largest shareholder, Microsoft, that will allow it to sell products on AWS, while Microsoft gets more cash in a revenue-share agreement.

DeepMind’s David Silver just raised $1.1B to build an AI that learns without human data

Ineffable Intelligence, a British AI lab founded a mere few months ago by former DeepMind researcher David Silver, has raised $1.1 billion in funding at a valuation of $5.1 billion.

Consumers lost $2.1B to social media scams in 2025, FTC reports

The agency reports that losses from social media scams have increased eightfold and that social media scams resulted in higher losses than any other method scammers used to contact consumers.

India’s Snabbit closes $56M round as investor interest in on-demand home services heats up

Snabbit now processes over 40,000 daily jobs and has cut costs sharply as it expands across cities and services.

Letterboxd, the social platform for film buffs, reportedly looking for new owner

Potential buyers of Letterboxd include Versant, the parent company of CNBC and MS NOW, and Hollywood media company The Ankler, according to Semafor.

Drizzle on top: a new high-end dog food brand is coming for the 1%

Golden Child is launching with two “five-star” products: a fresh frozen meal system and, more intriguingly, a “drizzle.” It has also raised $37 million in funding.