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The Latest Breaking News from Big Tech

Analysis: Will Big Tech's colossal AI spending crush Europe's data sovereignty?

Big Tech companies are going all in on AI development, raising their projected capital expenditure to over $700bn (€590bn) this year, an increase of roughly 75% compared to 2025.

Euronews

Our K-12 school system is sending us a message: AI tools are for the rich kids

I worked in Chicago, and saw a world of difference between the North and South Side.

Fortune

Next-gen nuclear sees a tipping point as Meta and hyperscalers start dealmaking with Bill Gates’ TerraPower, Sam Altman-backed Oklo and more

Meta, Google, Amazon, and more all hope to lean on a nuclear construction boom to power AI.

Fortune

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Big Tech’s $630 billion AI spree now rivals Sweden’s economy, unsettling investors: ‘We’ve never invested this much on anything before’

Big Tech’s $630 billion AI spending spree now rivals Sweden’s economy, unsettling investors: “We’ve never invested this much on anything before.”

Fortune

What is Upscrolled? The social media platform surging in US as TikTok restructures

Upscrolled wants to create a space where users can ‘freely express thoughts, share moments and connect with others’ outside of conventional Big Tech platforms.

Euronews

Web Summit Qatar: Social app UpScrolled takes on Big Tech with anti-algorithm ethics-first approach

At Web Summit Qatar 2026, where discussions centre on AI and digital regulation frameworks, one of the loudest conversations is coming from an emerging social media platform.

Euronews

Bitcoin’s freefall approaches $80,000 as precious metals also tank

The world’s largest cryptocurrency is down 2% over the past day while gold and silver have dropped 11% and 30%, respectively.

Fortune

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Mozilla says it's building a 'rebel alliance' to challenge Big Tech and what it's doing with AI, which is wild but I'm kind of here for it

The company has its own, apparently more open ideas for the future of AI.

PC Gamer

On the issues: Q&A with the Republicans running for Texas attorney general

Texas’ next top lawyer will inherit an office that has become the tip of the spear of the conservative legal movement. To help primary voters differentiate, we asked the four GOP candidates where they stand on the agency’s major issues.

The Texas Tribune

Big Tech needs less than a month to pay off over $7 billion in 2025 fines, Proton warns

Big Tech was slapped with $7.8 billion in fines in 2025, but Proton found this massive sum represents less than a month of free cash flow. Is it time for regulators to find new teeth?

TechRadar

ICE alleged to use Palantir-developed tool that uses Medicaid data to track arrest targets

Big Tech is wrapped up in a growing list of contracts to aid ICE’s immigration enforcement operations.

Fortune

Big Tech's AI tools crowd the classroom

Anthropic, Google and Microsoft want to win the hearts of teachers and students.

Axios

Exclusive: Most Americans are skeptical of Trump's Big Tech ties

Voters say that tech companies wield too much influence in Washington.

Axios

EU goes soft on Big Tech in digital rules overhaul

EU Digital Networks Act will require telecoms firms to modernize their networks, but Big Tech is mostly immune.

TechRadar

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The Independent UK

Big Tech's fast-expanding plans for data centers are running into stiff community opposition

Tech companies looking to plunge billions of dollars into ever-bigger data centers to power artificial intelligence and cloud computing are increasingly being voted down

Reason

Lawmakers To Consider 19 Bills for Childproofing the Internet

KOSA is back, along with more than a dozen other bills that will erode free speech and privacy in the name of protecting kids.

Fortune

Our governments have sold AI out to Big Tech

Under Trump alone, U.S. states have faced a 10-year ban on introducing AI regulation, and over a dozen federal sites are designated for data centers.

The Independent UK

Nvidia’s earnings results are in and they’re a pulse check on frenzied AI spending

Investors were starting to wonder if the AI craze has been overblown

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Benzinga

Magnificent Seven Will Become Low-Profit Tech Utilities, Analyst Warns

The AI-fueled transformation of big tech is entering dangerous territory, with surging capital expenditures threatening to erode profit margins, dismantle asset-light models, and reduce once-high-growth giants like the Magnificent Seven into utility-like low-return entities.

Fortune

The 'Big Short' investor betting $1 billion against the AI bubble says Meta and Oracle's accounting is hiding the brutal truth

Michael Burry shut down his hedge fund shortly after disclosing his massive short position. Is he already bracing for a crash?

International Business Times UK

ChatGPT's 'New Rules' Reportedly Ban Specific Legal, Health, Money Tips

Citing liability fears, new ChatGPT rules as of 29 October ban specific medical, legal, and financial advice. Learn why it's now just an 'educational tool', not a 'consultant', and what you should never ask it.

International Business Times UK

Character.AI Bans Teen Chats with Chatbots — But a Victim's Mom Says the Damage Is Already Done

Character.AI has announced a significant policy shift, ending open-ended chats for users under 18 in response to mounting pressure from lawmakers and lawsuits.

The Independent UK

Shares in Asia are mixed and Chinese markets fall despite Trump's trade truce with Xi

Asian shares are mixed after the U.S. stock market sank from record heights as Wall Street sifted through various developments such as trade relations with China and profits of Big Tech giants

Roll Call

Senators unveil bipartisan chatbot child safety bill - Roll Call

The bill would give enforcement power to DOJ and states for its disclosure requirements and ban on AI companions for children.

TechRadar

“A broad censorship regime" - Big Tech and students hit Texas age verification law with legal complaints

The Texas App Store Accountability Act is set to be enforced on January 1, 2026, requiring Big Tech to perform age checks on all users downloading apps in app stores.

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