American tech giants’ ability to turn their massive expenditures into profits has grown increasingly uncertain. The cost of debt and the price of memory chips – which increased sixfold in 2025 – make the problem even more complex.
President of FIFA Gianni Infantino has come under increasing pressure, even from within his organization, over his handling of a proposal to open the World Cup to private investment, and calls for him to step down have grown since he abandoned the plan last Saturday.
Two senior engineers are leaving company to launch startup amid fears Google is falling behind in AI race Sir Demis Hassabis is stepping down as chief executive of Google DeepMind, in a leadership overhaul of the UK-based AI research lab. Hassabis, a Nobel prize recipient, is leaving his main managerial role to become chair of DeepMind – as well as taking on the new position of chief scientist at Alphabet, which is Google’s parent company. DeepMind will now be led by Koray Kavukcuoglu, its chief technology officer, under the title of senior vice-president. Continue reading…
In a 23-minute appearance with the anchor Jake Tapper, the Ohio Republican made an unusual effort to rebut a multitude of allegations that have threatened his re-election bid.
Gianni Infantino will remain as Fifa president after receiving the backing of senior executives, but “sincerely apologises” for errors made in his controversial private investment plans.