social media news - NewsLocker

Krafton agrees to pay Subnautica 2 bonuses after CEO who used ChatGPT to dodge them steps down

01-07-2026 19:09 via thenextweb.com

Krafton has agreed to pay bonuses to the entire staff of Unknown Worlds Entertainment, the studio behind Subnautica 2, after reaching a legal settlement with the company’s chief executive and co-founders. CEO Ted Gill told Bloomberg he is stepping down as part of the deal. “We mutually agreed to part ways,” Gill said. The settlement […]
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Hire in 150+ countries without setting up a single entity

01-07-2026 19:09 via thenextweb.com

You have found the perfect candidate. They have the skills, the experience, and the enthusiasm. There is just one problem: they are in a country where you have no legal entity. No tax registration. No idea how local employment law works. Sound familiar? This article contains affiliate links. If you make a purchase through these […]
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AI’s hopes and fears take over the world’s big central-bank gathering

01-07-2026 18:38 via thenextweb.com

Every summer the world’s most powerful central bankers decamp to a hillside town outside Lisbon to argue about the economy in relative calm. This year the argument had a single organising subject, and it was not inflation in the usual sense. It was artificial intelligence, and specifically the awkward fact that nobody in the room […]
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Meta wants to rent out its spare AI compute, and Wall Street likes the idea

01-07-2026 18:27 via thenextweb.com

A reported plan to sell surplus computing power would put Meta up against AWS, Google Cloud and Azure, and give investors a reason to look past its spending. Meta has spent two years buying every scrap of AI computing power it can lay hands on. Now it appears to be working out how to sell […]
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Swedish court orders Google to pay Klarna nearly $2 billion in antitrust damages

01-07-2026 18:19 via thenextweb.com

A Swedish court has ordered Google to pay more than 14 billion kronor to Klarna’s PriceRunner subsidiary for illegally favouring its own comparison shopping service in search results. The ruling, handed down on Tuesday by the Patent and Market Court in Stockholm, is the largest competition damages award in Swedish history. Presiding judge Linda Kullberg […]
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Portugal open-sources Amália, its first national AI model, in a bet on European Portuguese

01-07-2026 18:17 via thenextweb.com

A country of just over 10 million people now has a large language model that speaks its own version of the language. Portugal has released Amália, its first national AI model built specifically for European Portuguese, and it has done so in about the most deliberate way a government can. The model, its training data […]
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Sony will stop making physical PlayStation game discs in January 2028

01-07-2026 17:59 via thenextweb.com

Sony will stop producing physical game discs for new PlayStation titles starting in January 2028, the company announced on Tuesday in a PlayStation Blog post. New games released after that date will be available only as digital downloads through the PlayStation Store. Existing disc-based games will continue to work on compatible hardware. The decision follows […]
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GM’s Q2 sales fell four percent as EV demand dropped and Toyota closed in

01-07-2026 17:38 via thenextweb.com

General Motors’ second-quarter US sales fell just over four percent as demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined year over year. The Detroit automaker reported selling 714,896 vehicles from April through June, down from 746,588 units during the same period in 2025. First-half sales came in at roughly 1,300,000 units, down […]
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Palantir’s ‘AI sovereignty’ manifesto is a war on how AI makes money

01-07-2026 17:35 via thenextweb.com

Palantir has a new enemy, and it is the way most of the AI industry makes money. Its nine-point manifesto tells institutions to hoard their data, own their model weights, and stop “tokenmaxxing.” It is a pitch dressed as a principle. On Tuesday, Palantir posted its “thoughts on the importance of AI sovereignty” on X. […]
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UiPath shares rebound as Wall Street warms to its AI-agent pivot

01-07-2026 17:21 via thenextweb.com

UiPath spent much of the year as one of software’s biggest disappointments. Now the Romanian-founded automation firm is clawing back. Its first profit and an all-in bet on AI agents are the reason. Shares in UiPath have rebounded in recent weeks. They are up around 15 per cent over the past five days, lifting the […]
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Meta’s AI reads typed sentences from the brain, no surgery required

01-07-2026 16:45 via thenextweb.com

Meta says it can turn brain activity into typed sentences without opening your skull. The leap is real. So is the catch: the system learns from typing, the one thing its intended users cannot do. On Monday, Meta unveiled the second version of Brain2Qwerty, a system that reads the brain signals people produce while typing […]
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Pie raises $19.5M to keep small businesses visible in AI search

01-07-2026 16:36 via thenextweb.com

For 30 years, small businesses fought to rank on Google. Now their customers are asking ChatGPT instead. A New York startup wants to make sure the local salon still shows up. The startup is Pie, and it has just stepped out of stealth with money to match its pitch. It raised a $19.5mn Series A […]
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The automation billionaire is telling bosses not to cut too fast

01-07-2026 16:26 via thenextweb.com

Few people have done more to automate the office than Daniel Dines. So it is striking that the UiPath founder’s message on AI and jobs is a plea for patience, and a confession that he feels the anxiety too. Dines built UiPath into one of Europe’s biggest software success stories by selling robots that do […]
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Realta Fusion lights bulbs straight from its reactor, a commercial first

01-07-2026 16:17 via thenextweb.com

Fusion’s hard problem was making more energy than you put in. The next one is turning that energy into cheap electricity. A Wisconsin startup says it has taken a first step, by lighting a few bulbs straight from its reactor. The company is Realta Fusion. On 30 June it announced the first demonstration of direct […]
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Build raises $8.5M to speed up the paperwork behind data centres

01-07-2026 16:02 via thenextweb.com

The AI boom needs somewhere to live. Data centres, power lines, and factories all start with months of paperwork before a single wall goes up. A British-founded startup says its AI can cut that grind by 95 per cent. The company is Build, and on Tuesday it raised $8.5mn (€7.4mn) in seed funding led by […]
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London’s MDOTM raises $27M to put AI inside wealth managers

01-07-2026 15:53 via thenextweb.com

The buzziest corner of finance AI is not the trading desk. It is the dull middle office, where staff keep thousands of portfolios in line with spreadsheets. A London-founded startup just raised $27mn to automate exactly that. The company is MDOTM. It has closed a $27mn growth-equity round led by Expedition Growth Capital, it said. […]
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Queue raises $12.6M for a pharmacy that runs without a pharmacist

01-07-2026 15:46 via thenextweb.com

A Silicon Valley startup says it has built a pharmacy with no pharmacist behind the counter. Sealed bottles go in, filled and checked prescriptions come out, in about a minute. The company, Queue, came out of stealth on Tuesday with a working machine and fresh money. It has raised a $12.6mn seed round led by […]
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Building AI Infrastructure Responsibly: ER Steel on the Evolving Demands of Data Center Expansion

01-07-2026 15:38 via thenextweb.com

The rapid expansion of AI infrastructure seems to have brought data centers into a new phase of global development, with growing attention on computing power, digital capacity, and speed to deployment. Alongside that momentum, ER Steel observes another conversation gaining importance: the challenge of building and powering these facilities responsibly and efficiently while maintaining long-term […]
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Ottawa’s Dominion Dynamics raises CA$139M, a record for Canadian defence

01-07-2026 15:34 via thenextweb.com

Canada just produced the biggest Series A in its defence history. The money is going into autonomous drones and the software to run a war in the Arctic. Dominion Dynamics, an Ottawa defence-technology company, has raised CA$139mn ($100mn) in a Series A round. The raise is the largest of its kind in Canadian defence history, […]
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Aikido buys Israel’s Root to patch open source with AI

01-07-2026 15:09 via thenextweb.com

A Belgian cybersecurity unicorn has bought an Israeli startup with an unusual trick. Its AI agents fix an open-source flaw without breaking the app that depends on it, something most security tools cannot do. Aikido Security, based in Ghent, became Europe’s fastest cybersecurity company to reach a $1bn valuation in January. It has now acquired […]
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Europe’s Crypto Reset Is Underway as Venga Joins the First Wave of MiCA-Approved Firms

01-07-2026 15:06 via thenextweb.com

Europe’s crypto industry has entered a new regulatory era. After years of operating under a patchwork of national registration regimes, crypto companies across the European Union are now facing a single regulatory framework under the Markets in Crypto-Assets Regulation (MiCA). The transition marks one of the biggest structural changes the industry has seen, replacing fragmented […]
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Base44 launches Base1, its own AI model for vibe coding

01-07-2026 14:46 via thenextweb.com

Base44 spent its first year building apps on other companies’ AI models. Now it has built its own. It is betting that owning the model is the only way to survive the vibe-coding gold rush. The Tel Aviv startup lets anyone build a working app by describing it in plain language. It has now launched […]
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OpenAI’s first hardware is a macro pad for Codex coders

01-07-2026 14:37 via thenextweb.com

OpenAI’s first piece of hardware is not the mysterious gadget everyone is waiting for. It is a small keyboard for people who talk to an AI all day. On Monday, the OpenAI Developers account posted a short video on X. It showed a small square device with a grid of buttons, glowing through a cycle […]
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NIH unveils the world’s largest genomics-and-health database

01-07-2026 14:21 via thenextweb.com

The US government has just handed scientists the largest map of human health ever assembled. It pairs more than half a million genomes with real medical records, and it arrives as the programme behind it faces deep budget cuts. The database comes from All of Us, a research programme run by the National Institutes of […]
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AI video startup Higgsfield is in talks to raise at a $5bn valuation

01-07-2026 14:03 via thenextweb.com

Higgsfield AI did not exist before March 2025. Fifteen months on, the video startup is in talks to raise money at a $5bn valuation, four times its worth at the start of the year. The company is seeking $300mn to $500mn, The Information first reported. That would value it at $5bn before the new money, […]
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“BioShocking” tricks AI browsers into leaking your passwords

01-07-2026 13:53 via thenextweb.com

Security researchers convinced six AI browsers they were playing a game. The browsers then handed over their users’ passwords and treated it as a win. The firm behind it, LayerX, calls the technique BioShocking, and says it worked on every agent it tried. The list reads like a roll-call of the new AI browser market: […]
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DeepSeek breaks China’s AI price war with peak-hour surge pricing

01-07-2026 13:44 via thenextweb.com

DeepSeek lit China’s AI price war by making tokens absurdly cheap. Now it is doing something no rival has dared: charging more when demand runs high. The Chinese startup has told API customers it will double the price of its V4 models during busy hours, according to the South China Morning Post, which saw the […]
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Healthcare’s AI Revolution Has Forgotten the Human Being

01-07-2026 13:37 via thenextweb.com

Artificial intelligence has arrived in healthcare with extraordinary promise. Every week brings another announcement of an AI assistant, a smarter chatbot, an automated workflow, or a digital caregiver. The excitement is understandable. Healthcare systems are under immense pressure, caregivers are overwhelmed, and aging populations are growing faster than the workforce that supports them. Yet I […]
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Cross-border payroll runs on $200B and zero shared infrastructure

01-07-2026 13:09 via thenextweb.com

Every year, more than $200 billion in employer-originated wages crosses international borders. The money moves through a patchwork of local banks, regional payroll vendors, and manual compliance processes. Anyone who managed international payments in 2005 would recognise the setup. The scale has changed. The plumbing has not. This is not a minor inefficiency. It is […]
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Reddit is ending anonymous browsing on old Reddit, and longtime users are not happy

01-07-2026 12:17 via digitaltrends.com

Reddit is locking down old.reddit.com with a login wall, and the admin's post hinting it may not last forever has longtime users worried.

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UN’s first global AI science panel warns the window to govern the technology is closing

01-07-2026 11:58 via thenextweb.com

Artificial intelligence is advancing faster than governments can regulate it, and the world’s first global scientific body on the technology says the moment to act is now. That is the conclusion of the preliminary report from the UN Independent International Scientific Panel on Artificial Intelligence, launched on Wednesday ahead of a major governance summit in […]
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TikTok weighs about 300 more job cuts at its Dublin hub

01-07-2026 11:34 via thenextweb.com

TikTok is considering cutting about 300 jobs at its European hub in Dublin, according to an email to staff seen by Bloomberg. For the people affected, that number is not abstract. The proposed redundancies would fall on roughly a tenth of the company’s local workforce of around 3,000, and they follow a similarly sized round of […]
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EU tech chief and Tim Cook hold ‘constructive’ talks as Siri AI stays blocked in Europe

01-07-2026 11:28 via thenextweb.com

Apple chief executive Tim Cook and the European Union’s technology chief spoke by video call on Monday, and both sides came away describing the exchange as “constructive”. That word is doing a lot of work. Executive Vice-President Henna Virkkunen, who oversees the bloc’s digital rulebook, held the meeting with Cook on 30 June. An EU […]
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OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI

01-07-2026 10:38 via thenextweb.com

CBC plans to raise its annual technology spending to more than $771mn, according to Bloomberg, as Singapore’s second-largest lender leans harder into AI and digital banking. The increase marks one of the first strategic signals from Tan Teck Long, who took over as group chief executive on 1 January 2026. Tan succeeded Helen Wong, who retired at […]
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Bending Spoons prices IPO above range to raise $1.68bn ahead of Nasdaq debut

01-07-2026 10:18 via thenextweb.com

Bending Spoons, the Milan software group that owns Vimeo, WeTransfer and Evernote, has priced its US initial public offering above the marketed range to raise $1.68bn. The company and existing shareholders, including Baillie Gifford, sold 57.97 million shares at $29 each, according to a statement reported by Bloomberg. That is above the $26 to $28 range […]
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Visa, Mastercard and 140 firms launch Open USD, a stablecoin built to undercut Circle

01-07-2026 10:07 via thenextweb.com

Aconsortium of more than 140 financial and technology companies, among them Visa, Mastercard, Stripe and Coinbase, launched a new dollar-pegged stablecoin on Tuesday called Open USD. The venture, run by an independent company named Open Standard, is a direct swipe at the economics that have made Circle and Tether the dominant issuers in the sector. […]
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Uber-backed Lime prices its IPO at $25 a share, raising about $174m

01-07-2026 09:56 via thenextweb.com

Lime has priced its US initial public offering at $25 a share, according to Bloomberg News. That is the midpoint of the $24 to $26 range the company had marketed. The offering raised roughly $174m in total. Neutron Holdings, the corporate entity behind Lime, sold 6.68 million shares in the deal. Shareholders including chief executive Wayne […]
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South Korea accuses Google of abusing Android app-store power over ‘Project Hug’

01-07-2026 09:50 via thenextweb.com

South Korea’s competition regulator has accused Google of abusing its dominant position in the Android app market, and signalled it will recommend corrective measures and a financial penalty. The Korea Fair Trade Commission said on Wednesday that its Market Surveillance Bureau found conduct affecting 14.16 trillion won, or roughly $9.1bn, in relevant revenue, according to Reuters. […]
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AI hardware demand keeps Asia’s factories humming as the Iran war bites

01-07-2026 09:44 via thenextweb.com

Asia’s factories grew again in June, and the global scramble for AI hardware is doing much of the lifting, according to survey data published this week. Brisk demand for chips, servers, and data-centre equipment kept order books full even as the Iran war pushed up energy costs and lengthened shipping times across the region. The […]
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US lifts export controls on Anthropic’s Fable 5, clearing the model’s return

01-07-2026 09:39 via thenextweb.com

The US Commerce Department has lifted the export controls it placed on Anthropic’s most advanced models, ending a roughly three-week freeze that had pulled the company’s Claude Fable 5 offline. Reuters first reported the move on Tuesday, 30 June, citing a person familiar with the decision. Within hours, Anthropic confirmed it on the record in […]
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Microsoft plans to cut under 2.5% of its workforce in a fresh round of layoffs

01-07-2026 09:33 via thenextweb.com

Microsoft is preparing to cut under 2.5% of its workforce in another round of layoffs, according to a Business Insider report picked up on Tuesday. The reductions could be announced as soon as next week, and they would affect thousands of roles across the company. Sales and consulting teams are in the frame, alongside jobs […]
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Judge clears states to try claim that Meta hooked children on Facebook and Instagram

01-07-2026 09:26 via thenextweb.com

Meta will have to defend in court the accusation that it built Facebook and Instagram to addict children, after a federal judge on Monday refused to dismiss the heart of a lawsuit brought by attorneys general from 29 states. US District Judge Yvonne Gonzalez Rogers, sitting in Oakland, California, let the states press claims that Meta […]
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TikTok, Instagram, Snapchat, and YouTube are failing kids with broken safety features, research finds

01-07-2026 00:28 via digitaltrends.com

A new study tested 86 child safety features across TikTok, Instagram, Snapchat, and YouTube, and found that more than half were broken, buried, or missing entirely.

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YouTube celebrates America 250

01-07-2026 00:04 via socialmediatoday.com

Features include interactive games such as a coloring book of U.S. parks and a collection of specialized content to celebrate the nation’s anniversary.

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