EU drops plan to levy oversight fees on big tech
Executive Vice-President Henna Virkkunen says they are monitoring the situation but are not working on any new proposals to charge at this time
UK regulator moves to curb Apple and Google’s app store control
CMA says it plans to designate both companies as holding strategic market status due to their control of mobile platforms
Taiwan launches AI plan targeting $510 billion economic value by 2040
'Ten Major AI Infrastructure Projects' includes investment in silicon photonics, quantum technology, and AI robotics as core priorities
Systems Limited explores potential acquisition of IT and IT-enabled services business
Acquisition is subject to finalisation of commercial terms, completion of due diligence, execution of definitive agreements and regulatory approvals
Alibaba launches Qwen3-Coder open-source AI coding model
Qwen3-Coder is built to handle software development tasks such as code generation and managing complex coding workflows
Amazon agrees to buy AI wearable startup Bee
Amazon will work with Bee to improve user control over the device, which transcribes audio automatically but includes a mute option
UN chief urges tech firms to power data centers with renewables by 2030
António Guterres says the shift to clean energy is unavoidable, even though many governments and companies continue to use fossil fuels
Microsoft knew of SharePoint server exploit but failed to effectively patch it
Microsoft subsequently said in a July 8 security update that it had identified the bug, listed it as a critical vulnerability, and released patches to fix it
Hewlett Packard wins over £700 million in British software firm deal
HP is owed nearly £698 million for overpaying in its Autonomy deal, plus $47.5 million for hardware and other losses, London’s High Court says
UK to ban public sector from paying ransomware demands
The government will introduce a payment prevention regime and a separate reporting regime for ransomware incidents
China smartphone shipments fall 2.4% in Q2 2025
Huawei remains the top smartphone vendor for a second consecutive quarter, increasing its shipment share to 18.1% from 15% a year earlier
Meta, X and LinkedIn appeal unprecedented VAT claim by Italy
Italian tax authorities say free user sign-ups are taxable as they involve exchanging personal data for account access
Google and OpenAI AI models reach gold level scores at math olympiad
Google uses a natural language model graded officially by IMO, while OpenAI uses an experimental model with extended computing at test time
UK signs strategic partnership with OpenAI on AI security research
British government says that the partnership is part of a broader plan to grow the country’s AI capabilities
Paris officials clarify probe focuses on Musk’s X algorithm, not personal information
Musk’s company publicly rejects the investigation, calling it politically motivated and a threat to free speech