Tech stock sell-off accelerates; SoftBank drops 6% as investors sour on AI-linked names

Tech stock sell-off accelerates; SoftBank drops 6% as investors sour on AI-linked names

Sinology | Moment | Getty Images Tech stocks in Asia and Europe extended their sell-off Monday, as investors soured on global AI-linked plays after the U.S. tech-heavy Nasdaq declined more than 4.5% last week. Memory chip behemoths and heavyweights on South Korea’s Kospi Index, Samsung Electronics and SK Hynix, ended Monday’s trading session down 10.18%…

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The Guardian view on Henry Nowak’s murder: big tech and the far right are allied in an outrage arms race | Editorial

The Guardian view on Henry Nowak’s murder: big tech and the far right are allied in an outrage arms race | Editorial

To learn of the last minutes of Henry Nowak’s life would be shocking and distressing under any circumstances. The stabbed teenager begged officers for help, as they handcuffed him before realising their mistake. To watch those final moments, on the police body-cam footage released this week, is all the more immediate, and unbearable. The outrage…

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The Guardian view on NHS records: patients are not raw material for big tech | Editorial

The Guardian view on NHS records: patients are not raw material for big tech | Editorial

Alarm bells ought to have rung when it emerged last month that Palantir engineers could gain “unlimited access” to identifiable NHS patient data. Such sensitive medical information was only supposed to be available either to someone involved in a patient’s care or with the patient’s informed consent. NHS England’s new position appears to have changed…

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European Union Outlines Plan to Reduce Dependence on American Tech

European Union Outlines Plan to Reduce Dependence on American Tech

European Union officials unveiled a broad plan on Wednesday to reduce dependence on American technology, which they increasingly see as a threat to the region’s economic future and geopolitical security amid a rocky relationship with the Trump administration. Under the plan, officials outlined more government involvement in the region’s tech industry to accelerate the construction…

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Meet the Silicon Valley priest advising tech companies on artificial intelligence ethics

Meet the Silicon Valley priest advising tech companies on artificial intelligence ethics

Fr. Brendan McGuire used to be a Silicon Valley technology executive. Now he’s hearing their confessions. Today, the Irish-born pastor of St. Simon Catholic Parish in Los Altos, California, is helping to shape the moral conscience of the artificial intelligence industry. Earlier this year, he was among the faith leaders invited by Anthropic, the AI…

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Tech Workers Have Fears About A.I., Too. They Can Do Something About It.

Tech Workers Have Fears About A.I., Too. They Can Do Something About It.

Turning those frustrations into sustained organization requires grappling with legal obstacles. Unlike in much of Western Europe, where workers are unionized at high levels and can bargain as an entire sector to address problems in their industries, in the United States the legal system makes organizing and bargaining exceedingly difficult. The National Labor Relations Act,…

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SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs

SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s…

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