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AI Spending Concerns Wipe Billions Off Big Tech

Major technology companies have seen sharp declines in market value in 2026 as investors grow wary of whether massive artificial intelligence investments will deliver adequate financial returns. Microsoft shares have dropped around 17% this year amid concerns about rising competition and risks tied to its AI strategy, erasing roughly $613 billion from its valuation. Amazon […]

UK Moves Toward Social Media Ban for Under-16s

The UK government is considering introducing a nationwide ban on social media use for children under 16, alongside tighter regulation of artificial intelligence chatbots, as part of efforts to respond more quickly to digital risks. Prime Minister Keir Starmer’s administration has launched a consultation on the proposed ban and is working to amend legislation so […]

SpaceX Joins Pentagon Drone AI Contest

Elon Musk’s SpaceX and its subsidiary xAI are reportedly competing in a classified Pentagon challenge focused on developing voice-controlled autonomous drone swarm technology. According to Bloomberg, the initiative is part of a $100 million prize competition launched in January that seeks to create systems capable of translating voice commands into digital instructions for managing multiple […]