US VENDORS DOMINATE EUROPEAN WEB HOSTING
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
A new analysis reveals that US-based companies control the majority of web hosting infrastructure serving European businesses, raising questions about data sovereignty and digital independence in the region.
■ MORE FROM THE BUSINESS DESK
Tim Cook stepped down as Apple CEO on Tuesday after transforming the company's market capitalization from under $350 billion in 2011 to $4.6 trillion today—a 2,736% total return. Annual revenue nearly tripled from $157 billion in FY 2012 to approximately $477 billion in FY 2026.
Salesforce is backing HR software company HiBob with a $160 million investment as part of a funding round that values the startup at over $3.2 billion.
A new study shows approximately 33% of UK adults accessed illegal streaming services in the past three months. The piracy costs the sports, TV, and film industries an estimated £1.4 billion annually.
Hong Kong-listed Z.ai posted H1 2026 revenue of $142 million, a fivefold jump year-over-year, driven by explosive growth in its open platform and API business. The Chinese AI firm narrowed net losses to $308 million, down 12% from the prior year period.