Content tagged with Global

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Created: Feb 19, 2026
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China blocks Meta’s $2B Manus deal after months-long probe

China’s top economic planner, the National Development and Reform Commission (NDRC), said on Monday it has blocked Meta’s $2 billion acquisition of Manus, an agentic AI startup founded by Chinese engineers that relocated to Singapore before Mark Zuckerberg scooped it up late last year. The move marks one of China’s …

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

Microsoft CEO Satya Nadella is far less vocal about his worldviews than Palantir’s Alex Karp. And yet, France is taking steps to reduce its reliance on Windows, while its domestic intelligence agency recently renewed its contract with the increasingly controversial data analytics company. This paradox is representative of Europe’s messy …

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

Tech companies, including Microsoft and Meta, have been falling in love with natural gas lately, rushing to build power plants fed by the fossil fuel to drive their data centers. But their embrace might be a little too tight — the cost to build one of the facilities has spiked …

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

Skye, an iPhone app still in private testing, wants to change how people interact with AI on their smartphones. And even before it’s launched, it’s already attracted interest online and from investors and “tens of thousands” of users, according to its creator — a sign that consumers might want a …

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

A man accused of carrying out cyberattacks on behalf of the Chinese government has been extradited to the United States, and faces over a decade in prison if convicted. Justice Department accused Xu Zewei of working as a contractor for the Chinese Ministry of State Security to conduct a series …

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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 to join the race for novel AI models that could outperform large language models. According to its newly …

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

On Monday, Microsoft and OpenAI announced that they have, once again, renegotiated the deal binding the two companies. Despite some opinions on X that frame it as a victory for the ChatGPT maker over the Windows giant, both sides are walking away winners. Most importantly, the new terms solve an …

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

1 billion to social media scams in 2025, according to a new report from the U. Federal Trade Commission (FTC). 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. …

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

Letterboxd has surged in popularity in recent years. Once a niche site for only the most fervent of film nerds, the site — which allows users to rate, review, and recommend movies to one another — has continued to add accounts by the tens of millions, thanks largely to interest …

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

Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch’s earlier report. Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, the company’s Series D round values the Bengaluru-based startup at around $350 million, according to a …

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