IBM is laying off several thousand employees, with sources indicating nearly half of its US infrastructure group could be affected. The cuts come despite the company reporting $1.7 billion in Q3 2025 profits and 9% revenue growth to $16.3 billion. Current job openings heavily favor India over the US
Germany’s Reflex Aerospace has closed a record €50 million Series A funding round, the largest in European New Space history. The funding comes as European governments commit tens of billions to space defense projects through 2030, with satellites being called Europe’s “Achilles heel.”
SoftBank shares plunged 10% while Advantest fell over 8% as investors grew wary of AI stock valuations. The selloff followed Palantir’s 8% drop despite beating earnings expectations, signaling broader concerns about the AI investment theme.
AMD just posted a massive quarter with $9.2 billion in revenue, up 36% year-over-year. The chipmaker’s net income soared 61% to $1.2 billion, driven by strong demand for its EPYC server processors and Ryzen PC chips.
Apple’s newly launched App Store website had sourcemaps left enabled in production, allowing the complete front-end code to be extracted and published on GitHub. The code reveals Apple’s implementation details but contains no sensitive information that could harm users or developers.
UK mobile operators are upgrading networks to block scam calls using AI and advanced tracing technology. The move comes as fraud accounts for over 40% of UK crime, with telecom-enabled scams causing 29% of total losses despite being only 17% of cases.
Security researchers uncovered Russian spies using Microsoft’s Hyper-V to create invisible virtual machines that bypass endpoint detection. The hidden VMs host custom malware that gives attackers persistent access while appearing as legitimate traffic.
Researchers have successfully simulated the folding of 23 out of 26 RNA stem-loops using advanced computational methods. This breakthrough in molecular dynamics could dramatically accelerate RNA-based drug discovery for conditions like COVID-19 and genetic disorders.
The UK government has committed to designating big tech companies as “critical third parties” by next year, subjecting them to direct oversight by financial regulators. This comes after MPs criticized the Treasury for moving too slowly following recent cloud outages that disrupted banking services.
Rivian has created Mind Robotics, an industrial AI and robotics venture that’s already secured $110 million in external funding. This marks the electric vehicle maker’s second spinoff company this year following Also Inc in March.
