UK’s Autumn Budget: A Missed Opportunity for Startups?
The UK’s Autumn Budget doubled EIS investment limits but cut VCT tax relief. Founders say it’s incremental, not transformative, missing chances to fix IP rules, talent visas, and high costs.
Category: Business
Samsung’s 2026 Plan: AI Chips, Texas Factories, and S26 Delays
Samsung’s top brass is meeting this week to lock in a 2026 strategy centered on AI and semiconductor leadership. Key plans include ramping up the $37 billion Taylor, Texas chip plant and navigating potential delays for the Galaxy S26 series.
BBVA Bets Big, Deploying ChatGPT to All 120,000 Employees
In a major shift from testing to full deployment, BBVA is giving ChatGPT Enterprise to over 120,000 employees. The bank’s partnership with OpenAI aims to embed AI natively into all workflows, following a pilot where staff saved three hours a week.
Volkswagen Shuts First German Plant, Pivots to AI and Chips
Volkswagen is ending car production at its iconic Transparent Factory in Dresden, marking its first-ever plant closure in Germany. The site will become a research hub for AI and chip design. The move is part of a broader plan to cut 35,000 jobs in Germany by 2030.
BlackRock’s Tech Fellows: The Engineers Shaping a $13.5 Trillion Future
BlackRock has elevated five senior engineers to its elite Tech Fellows program. These technologists are central to the firm’s vision, especially as it aims for $35 billion in annual revenue by 2030, a goal heavily reliant on its Aladdin platform and AI integration.
Satya Nadella Says IQ Without EQ Is a “Waste”
Microsoft CEO Satya Nadella argues that emotional intelligence is a crucial, hard-to-learn skill for leaders. A new study from the University of Maryland backs this up, finding that CEOs who show vulnerability can build greater trust with investors.
Remembering Mont Phelps, The Channel Titan Who Built NWN
Mont Phelps, the founder and longtime CEO of solution provider powerhouse NWN, has passed away at age 80. Under his leadership, NWN grew from a small acquisition with 35 employees and $5 million in sales to a CRN Solution Provider 500 giant with $350 million in sales and 600 employees before he step
UK Gov’s Tech Buying Spree Doubles to a Whopping £24 Billion
In a massive shift, the UK’s Crown Commercial Service has doubled the value of its upcoming tech procurement framework to £24 billion. This comes as ministers vow to get tougher on big vendors and extract better value for public money on everything from laptops to cloud services.
The SEC’s Quiet Nod to Tokenization and Crypto Reality
The SEC issued a plain-language guide on crypto custody risks and greenlit a blockchain pilot for the Depository Trust Company. This dual move shows a shift from antagonism to controlled experimentation, framing tokenization as a regulated tech upgrade, not a revolution.
PwC Says AI Can Turn Cybersecurity From a Cost Into an Edge
In a sponsored post, PwC leaders detail how they’re using AI to reshape cyber defense for clients. The focus is on moving from reactive protection to building resilient, AI-augmented security operations.