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Featured Stories:
Oracle shares slide as earnings fail to ease AI bubble fears
Oracle's shares plunged 14% after reporting $16.1bn in revenue, missing estimates by $100m, despite 14% growth and a 68% surge in AI business sales. Concerns over AI spending and a potential bubble weighed on the stock, which has lost 40% since its peak. CEO Larry Ellison warned of AI tech changes and emphasized "chip neutrality," snubbing Nvidia. The earnin...
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Porn company starts new age checks after £1m fine
The UK's media regulator, Ofcom, fined AVS Group Ltd £1m for inadequate age checks on its porn sites. Since then, AVS has added stronger age verification on some platforms, though Ofcom warns daily fines may continue until compliance is met across all sites. The company, linked to TubeCorporate, operates from a Belize address shared by many firms. The UK's O...
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