The European Union has reached a provisional agreement that would fundamentally shift liability for payment fraud. Payment service providers would be required to reimburse customers under certain conditions, while online platforms could be held liable if they fail to remove fraudulent content.
The Office for Budget Responsibility revealed the digital ID scheme will cost £600 million annually with funding coming from existing departmental budgets. No specific savings have been identified to cover the massive expenditure.
Lisbon-based Índico Capital Partners has launched its €125 million Fund III with the European Investment Fund committing €30 million as anchor investor. The fund will target early-stage technology companies in Portugal, Spain and Italy, focusing on Enterprise SaaS, AI and DeepTech sectors. This mark
Intel’s upcoming Xeon 696X workstation CPU has appeared in benchmarks, showing significant performance gains over current models. The 64-core Granite Rapids chip hits 4.6 GHz boost clocks while maintaining lower power consumption than existing parts. Early tests show it competing closely with AMD’s
Ubuntu’s upcoming 26.04 LTS release will swap out legacy applications like Totem video player for modern alternatives. The changes reflect Canonical’s push toward consistent GTK4 design and improved user experience. Both old apps will remain available for users who prefer them.
Equinix is planning a major expansion in Dallas with two new data centers costing over $836 million combined. The facilities will replace a former publishing company site and add significant capacity to the region’s digital infrastructure. Construction is scheduled to begin in 2026 and continue thro
While US tech giants pour tens of billions into AI infrastructure, China’s Alibaba and Tencent are charting different courses. Alibaba’s profits plunged 53% amid heavy AI investment, while Tencent grew revenue 15% with more modest spending. The divergence reveals competing visions for AI dominance.
Apple could face up to $38 billion in penalties under India’s new antitrust rules that calculate fines based on a company’s worldwide revenue. The tech giant is fighting back with a constitutional challenge, arguing the approach is disproportionate. At stake is Apple’s control over in-app payments a
Veteran tech workers who built careers at companies like Microsoft and Amazon are discovering their decades of experience have become liabilities in today’s job market. With layoffs continuing and ageism rampant, many face financial crises and identity questions after applying to hundreds of jobs wi
According to Inc, consumers reported $12.5 billion in fraud losses last year, and 82% of phishing emails now use AI. When brands use generic shorteners, they’re training customers to click the very links security experts warn against.
