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The Latest Breaking News from the Financial Times

SoftBank's Intel AI processor plans in doubt as insiders say it is now considering a TSMC partnership

SoftBank had to start talks with TSMC after it canceled plans to produce AI processors with Intel as the company failed to meet production requirements.

Tom’s Hardware

60 Percent of Voters Want Kamala Harris To Abandon Bidenonomics

A new survey suggests that neither Harris nor Donald Trump have won over a majority of voters with their respective economic visions.

Reason

Former Republican House speaker urges Trump to ‘stop questioning’ size of Harris’s crowds – as it happened

Kevin McCarthy urges former president not to attack Harris on personality issues after he falsely claimed VP used AI to inflate rally attendance

The Guardian - US

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Google and Meta reportedly skirting their own rules to ad target young teens, shows why tech giants cannot regulate themselves

Google and Meta reportedly teamed up to create ads targeting young teens, which proves why tech giants can't be trusted to regulate themselves.

TechRadar

Kamala Harris's advisers reportedly reach out to crypto industry with 'pro-business, responsible business' message

The Harris campaign's crypto outreach effort has included Coinbase, Circle, and Ripple Labs, sources told the Financial Times.

Fortune

JPMorgan’s new AI chatbot could make the bank operate like the intelligence community, startup CEO says

With the new AI tool, the bank could transform its research desks to have “a hybrid of human and AI analysts.”

Fortune

The U.S. reigns supreme in AI startups while China ensures chatbots have 'core socialist values'

The number of AI companies founded in the U.S. between 2013 and 2023 totaled 5,509, more than all the other countries combined, S&P Global said.

Fortune

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‘Computer says no’: what the papers say after IT outage causes global chaos

‘Digital pandemic’, ‘havoc’ and ‘meltdown’ were some of the most common phrases in UK headlines after botched CrowdStrike software update

The Guardian - AU

Intel Capital's investments in Chinese AI startups draw US govt attention — firm invests in 43 Chinese tech companies

Intel Capital holds stakes in 43 Chinese ventures, and sometimes, its goals align with those of the Chinese government.

Tom’s Hardware

Qualcomm sues China's Transsion, the 'Smartphone King of Africa,' for infringing on its patents

Transsion has almost half of Africa's smartphone market and the company is expanding in South Asia and other emerging markets.

Fortune

India warns UK not to impose deadline on trade talks

India warned the UK against imposing a deadline on the already stretched-out trade talks as it remained optimistic about closing the deal "very quickly" with the new Labour government.

The Independent UK

News Weekly: Samsung's devices leak ahead of Unpacked, a new Pixel 9 colorway and more

Series of devices leak ahead of Samsung's summer Unpacked, Pixel 9 leaks in a new color, Pixel devices get the July patch, Netflix is losing its ad-free tier, and why Google wants to use music to train its AI models.

Android Central

‘Now we begin’: what the papers say after Keir Starmer takes reins as UK prime minister

Forward-looking British front pages reflect the incoming government’s work ahead and the post-election-win jubilance of the Labour leader and his wife

The Guardian - AU

Millions go to the polls in general election – as it happened

Polling stations opened at 7am, with voting taking place until 10pm on Thursday night

The Guardian - UK

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The Guardian - AU

‘Tories braced for bleak night’: what the papers say as the UK votes

After six weeks, general election campaigning has come to an end and Keir Starmer and Rishi Sunak have made their final pitches to the country

The Guardian - UK

US service sector shrinks for first time since May 2020; UK private sector growth slows in ‘pre-election seize up’ – as it happened

Eurozone private sector also loses momentum

Android Central

Google wants to use music to train AI models, but record labels should push back

If artificial intelligence is going to eventually replace creative work, we certainly shouldn’t accelerate the process by helping.

The Guardian - AU

Ukraine war briefing: Russia blames US for deadly Ukrainian attack on occupied Crimea

Moscow says responsibility for strikes using US-supplied Atacms missiles ‘borne above all by Washington’. What we know on day 852

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news in one place.

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The Independent UK

State Department rejects Xi’s claim that US wants China to invade Taiwan

State spokesman says ‘One China’ policy unchanged after question from The Independent

The Conversation

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report – obtained and published by the Financial Times – has forecast that the company is unlikely to recover gas sales lost as a result…

International Business Times

Adidas Shares Slide Following China Corruption Claims

Adidas shares slid Monday as the German sportswear giant said it was investigating alleged bribery in China after senior employees were reportedly accused of embezzling huge sums.

Fortune

Private equity firms have avoided taxation on over $1 trillion of income thanks to a loophole, new Oxford research reveals

Politicians have vowed to close the loophole for years, but fierce pushback lobbyists from the industry cracked those plans.

Al Jazeera

Ukraine’s more liberal use of allied weapons complicates Russian logistics

But observers say Ukraine needs a completely free hand to strike Russian soil if it is to win the war.

The Guardian - UK

Campaign catchup: Defeatist Tories, cautious Greens, and the leader who really loves cars

In today’s newsletter: Explaining the strategy behind Grant Shapps’ warning of a Labour ‘supermajority’

USA Today Sports Media Group

Confirmed: PGA Tour and PIF to meet in person in New York on Friday afternoon — and why John Henry’s role is critical

Jay Monahan and Tiger Woods lead a group meeting in person with PIF governor Yasir Al-Rumayyan.

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