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magnificent seven

  • Amazon to cut 10 per cent of workforce amid AI pivot

    October 28, 2025

    Amazon is preparing to axe as many as 30,000 corporate jobs worldwide this week, in what could mark its largest round of layoffs since 2022. The Seattle-based technology giant plans to begin cuts as soon as Tuesday, according to Reuters, targeting around 10 per cent of its 350,000-strong corporate workforce. Amazon employs more than 1.5 [...]

  • Google boss Pichai admits OpenAI won the first round

    October 20, 2025

    Google chief Sundar Pichai confirmed the intense internal pressure within the Magnificent Seven firm, widely reported as a ‘code red’, that followed the late 2022 launch of OpenAI’s ChatGPT, admitting that the smaller rival deserved credit for launching its chatbot first. Speaking at Salesforce’s annual tech conference in San Francisco, Dreamforce, tech heavyweight Pichai spoke [...]

  • OpenAI: The Big Tech that took your job wants to get you a new one

    September 15, 2025

    London’s job market is feeling the squeeze. Permanent hires fell for the fifth month in a row, while temporary placements have tumbled for the twentieth consecutive month, according to KPMG and the Recruitment & Employment Confederation (REC). Rising costs, tax raids, and the ongoing impact of AI on entry-level roles have left employers cautious and [...]

  • Trump’s tech love-in highlights Musk rift as Silicon Valley backs AI push

    September 5, 2025

    President Donald Trump’s White House dinner with the chiefs of the US’s biggest tech companies was meant to showcase unity between the president and Silicon Valley. Instead, the glaring absence of Elon Musk underscored the growing rift between the one-time allies as rivals like Apple’s Tim Cook and OpenAI’s Sam Altman lined up to praise [...]

  • Google dodges Chrome breakup, but faces new pressures

    September 3, 2025

    Alphabet’s Google scored a partial victory in Washington after a US federal judge ruled it will not be forced to sell its Chrome browser or Android operating system as part of a landmark antitrust case. But the court stopped short of giving the tech giant a free pass, ordering it to share search data with [...]

  • Microsoft negotiations threaten to delay OpenAI’s restructuring

    August 27, 2025

    OpenAI’s plan to restructure its business and raise billions in new funding is being stalled as it remains locked in complex negotiations with its largest investor, Microsoft. The ongoing talks, which could extend beyond the end of the year, as reported by the Financial Times, centre on key points of contention that could impact the [...]

  • Is the UK’s digital services tax at risk from a US tariff threat?

    August 26, 2025

    The Digital Services Tax (DST), a two per cent levy on the revenues of major tech firms, has become a key point of friction in the UK’s transatlantic relationship with the US. The tax, which came into force in 2020, was designed to address an imbalance where global tech giants generate significant revenue from British [...]

  • Inside Elon Musk and Sam Altman’s high-stakes feud

    August 22, 2025

    The long-simmering rivalry between tech titans Elon Musk and Sam Altman has erupted into a full-blown public and legal battle, revealing a high-stakes struggle for the future of artificial intelligence. What began as a partnership to build and scale AI has devolved into a bitter feud marked by lawsuits, public taunts, and a brazen takeover [...]

  • Will Nvidia’s earnings justify its valuation

    August 22, 2025

    Nvidia’s upcoming earnings report on 27 August will be a pivotal moment for a company that has become a proxy for the entire AI investment boom. While analysts are forecasting another quarter of exponential growth, the question remains whether the numbers can live up to a valuation has swelled to $4.4 trillion (£3.28 trillion), making [...]

  • Is Perplexity’s $34.5bn bid for Google Chrome strictly a power move?

    August 17, 2025

    Artificial intelligence start-up Perplexity AI has made an unsolicited $34.5bn (£25.4bn) all-cash offer for Google’s Chrome browser, in a move that some analysts say is as much about signalling intent as it is about striking a deal. The San Francisco-based company revealed the bid on Tuesday, reported Reuters, claiming it had secured backing from several [...]

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