SoftBank's $45bn OpenAI windfall vindicates Masayoshi Son's AI pivot. But the red flags are obvious
The Tokyo conglomerate's net profit quadrupled on the back of unrealised valuation gains, while the rest of the Vision Fund portfolio lost money, creating a concentration risk that S&P has already flagged with a negative outlook revision
Business
The CMA's Microsoft investigation is about AI as much as it is about Office, and the timing is no coincidence
The UK regulator has opened its fourth digital markets probe
Tech
Andrew Ng's latest bet targets a $400bn industry where AI might actually work, because the alternative is waiting for technicians who do not exist
ResolveGrid uses computer vision and agentic AI to guide field service repairs in real time, and its origin inside Xerox's own service operation gives it something most AI startups lack: proof that it works before launch day
Fintech
Kraken's parent company and Franklin Templeton just made the strongest case yet that tokenised finance is moving from crypto experiment to institutional infrastructure
The partnership between a $1.7 trillion asset manager and the company behind one of the world's largest crypto exchanges aims to put professionally managed funds on blockchain rails, a step that would have been unthinkable three years ago
Entertainment
Bluey joins Apple Arcade playdate across multiple games
Bluey will appear in a series of exclusive playdate events across Apple Arcade titles, the company said in an announcement.
Sport
Prediction markets are booming, but a regulatory battle over sports betting could cut them in half
Crypto's loss has been prediction markets' gain. Now the platforms that thrived by moving fast face the same regulatory reckoning that caught crypto out
Wellness
Hims & Hers revenue grew to $2.35 billion in 2025, but subs were fewer than the market hoped for
Subscribers - who repeat orders for weight loss and/or ED treatments (among others) on a recurring schedule - grew by 13%, to exceed 2.5 million.
