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Geopolitics
The Last Sugar Hit: Why China's $120 Iron Ore Rally Is a Trap
Prices have surged to $120 a tonne on Beijing's latest stimulus, but beneath the headline numbers, the structure of Chinese demand has fundamentally changed.
Geopolitics
Google's Agent Smith AI So Popular It Got Throttled
Agent Smith automates coding tasks and works in the background while employees use their phones. Sergey Brin told staff that AI agents will be a 'big focus' for Google this year.
Geopolitics
David Sacks Out as AI Czar, Joins Billionaire Council
The PayPal Mafia veteran's 130-day stint as Trump's crypto and AI czar is over. He moves to PCAST, an advisory body stacked with Jensen Huang, Mark Zuckerberg, Larry Ellison, and Sergey Brin. He'll advise on policy. He won't make it.
Work
Amazon Confirms 16,000 Corporate Job Cuts in 2026 Workforce Restructuring
E-commerce giant announces largest single layoff of 2026 as part of broader corporate downsizing strategy.
Geopolitics
Meta and YouTube Found Liable for Addictive Design in Landmark Child Safety Verdict
A California jury awarded $6 million to a plaintiff who argued that Instagram and YouTube's design features caused mental health harm, opening social media companies to a new category of product liability claims.
Geopolitics
The $650 billion question: Can Big Tech justify the AI spending spree?
Microsoft, Alphabet, Meta, and Amazon are on track to spend $650 billion on AI infrastructure by the end of 2026. Investors are starting to ask where the return is.
Geopolitics
Meta Ordered to Pay $375 Million in New Mexico Over Child Safety Failures
A Santa Fe jury found Meta liable for concealing predator risks on Facebook and Instagram, marking the first time a state has prevailed at trial against a major tech company over child harm.
Geopolitics
ASIC v Star: Federal Court Ruling Rewrites the Rules for Australian Directors
Justice Lee's ruling against Star's executives carries a message for every Australian boardroom: ignorance of risk is no longer a defence.
Work
Trump AI framework tells states to back off as critics warn of accountability gap
The White House wants to preempt state AI laws before they exist. The constitutional and practical problems run deeper than the four-page document suggests.