Vinted boss sees ‘fundamental’ shift in consumer patterns, as secondhand firm notches $9 billion valuation
Vinted is seeing a structural shift in consumer behaviour as habits form around the resale economy, its marketplace CEO told…
Upstart chipmakers keep challenging Nvidia. This time it’s Microsoft-backed D-Matrix
Nvidia challenger D-Matrix is entering full production of an AI chip it says is 10 times faster than a GPU…
Sea drone rescues US army helicopter crew near Strait of Hormuz
An uncrewed vessel picked up two crew members of an Apache helicopter that went down on Monday, US officials tells…
Car finance payouts could be delayed by years over legal challenges, says FCA
Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdogBusiness live – latest updatesThe City watchdog…
Paramount-Warner Bros. Merger to Be Formally Investigated by U.K. Competition Watchdog
The U.K.’s competition regulator, the Competition and Markets Authority, has started an investigation into the proposed $110 billion acquisition by…
Apple says its AI is still private, even when it’s running on Google’s servers
Some models run in Google’s cloud, but without giving Google any kind of access. Source: Ars Technica – All content
Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still…
Surveillance drones deployment on US’s Great Lakes raises data collection fears
Rights groups and some locals worry that program to ‘track illicit activity’ could become a data collection projectThe Great Lakes…
‘Woefully unprepared’: extreme heat will double US hospitalizations by 2040, study finds
Sharp rise in hospital visits will in turn drive up annual healthcare costs for heat-related conditions to over $1bnPeople in…
First Drive: The 2027 Rivian R2 entirely changes the EV game
Rivian’s second EV is the sub-$60,000 R2, and it was worth the wait. Source: Ars Technica – All content