big tech
Coverage of big tech in the Nexus archive.
- What people get wrong about working in tech, according to tech workers
Six tech workers from companies like Amazon, Google, and Snap address common misconceptions about working in tech, including the belief that jobs are solely coding, that perks mask demanding work conditions, and that Big Tech is the only viable career path. They emphasize the cross-functional, people-oriented nature of tech roles and the evolving challenges driven by AI and industry changes.
- Nigerian media organisations applaud Tinubu’s directive to probe Big Tech, AI platforms
Nigerian media organisations have praised President Tinubu's directive to investigate global technology companies and AI platforms for alleged anti-competitive practices and unauthorized use of journalists' content. The umbrella body of Nigeria’s media industry described the move as a significant step toward addressing these issues.
- How a handful of tech firms are reshaping the global economy
The article by Nick Srnicek examines how a new class of Big Tech firms is consolidating power and control along the supply chain, influencing global politics and economics. It is recommended as part of Rest of World's summer reading list, with a note to purchase from local bookshops by Tom Chivers.
- EU weighs weaker data centre climate rules in win for Big Tech
The EU is considering weaker climate rules for data centres, marking a shift from previous strict proposals on renewable energy certificates. The change follows significant lobbying efforts, as indicated by a draft document.
- Crypto companies have spent $189M so far on 2026 US election cycle: Report
Crypto companies, big tech, and gambling interest groups have spent almost $300 million so far on the 2026 US election cycle, according to a report.
- This rare, widening gap between Big Tech and semiconductor stocks is flashing a warning for the broader market
Semiconductor stocks have surged over 80% this year due to AI demand from the 'Magnificent Seven,' while the companies responsible for that demand are experiencing a market correction.
- Everything tied to the data center is suddenly suspect. Can Big Tech fix it?
The hyperscalers are grappling with the consequences of the AI arms race, leading to increased scrutiny of data centers. They now face widespread opposition as they try to address these issues.
- Micron is about to be more profitable than any U.S. company except Nvidia and Google
Micron is set to become the most profitable U.S. company after Nvidia and Google. High demand from Big Tech for AI memory components has driven a significant financial turnaround for Micron.
- Australia to double fines on Big Tech as children bypass social media ban
Australia plans to double fines for Big Tech companies as children continue to bypass the country's social media ban for under-16s. Canberra claims tech platforms are failing to enforce the age restriction effectively.
- Big Tech is obsessed with smart glasses. Now it has to convince people to wear them.
Big Tech is focusing on smart glasses as a potential defining hardware design of the AI era. However, the success of this technology depends on consumer adoption and willingness to wear the devices.
- Social media bans go global: big tech faces a reckoning after Australia’s crackdown
Countries are increasingly restricting social media use by children, with Australia's crackdown highlighted as a potential turning point for big tech regulation. The article compares this trend to the 'big tobacco moment,' suggesting a reckoning for technology companies.
- Social media bans go global: big tech faces a reckoning after Australia’s crackdown
Countries are implementing social media bans to restrict children's use, drawing comparisons to technology's potential 'big tobacco moment.' Australia's crackdown on social media is cited as a catalyst for this global trend.
- Goldman Strategist Sees Bets in Big Tech During Chip Volatility
A Goldman strategist recommends investing in Big Tech companies amid volatility in the chip sector. The analysis highlights potential opportunities in technology stocks during periods of semiconductor market instability.
- Qualcomm reveals Meta as first Big Tech customer for data centre chips
Qualcomm announced Meta as its first Big Tech customer for data centre chips. The deal announcement and higher revenue outlook caused shares to rise as much as 15%.
- Congress is moving to make Big Tech pay for AI data centers' strain on the grid
Congress is advancing the Ratepayer Protection Act, a bipartisan bill requiring state regulators to ensure data center builders cover costs for grid upgrades caused by AI data centers. The legislation aims to address the strain these facilities place on the electrical grid.
- The ‘Magnificent Seven’ correction may actually be a sign of a healthy stock market
The Big Tech grouping, known as the 'Magnificent Seven,' entered correction territory as concerns over AI spending impacted the group. The article suggests this correction could indicate a healthy stock market.
- Big Tech leads sell-off in global stocks
Big Tech is leading a sell-off in global stocks as Wall Street declines spread to international markets. The recent rally in SpaceX shares has reversed, contributing to the downturn.
- US House committee reaches bipartisan deal on social media rules for kids
A US House committee has reached a bipartisan deal on social media rules for children. Committee leaders stated the legislation aims to 'hold Big Tech accountable' but did not disclose specific details.
- Big Tech Apprehension Still Exists: Raymond James' De
The article highlights ongoing apprehension towards Big Tech, as noted by Raymond James. It suggests that concerns about major technology companies remain unresolved.
- Big Tech is splitting into two artificial-intelligence camps. Here is the better bet.
Big Tech companies are dividing into two artificial-intelligence camps, with Alphabet and Microsoft positioned as safer choices in the AI race. The article highlights why these tech giants are preferable investments compared to other AI-focused competitors.
- Some Electricians Think Building Data Centers Is for Sellouts
Big Tech is investing heavily in data center construction, but growing national opposition to these facilities has led some electricians to question the value of such projects. Workers are beginning to debate whether the benefits of building data centers outweigh the associated challenges.
- J. D. Vance’s AI Doctrine
J. D. Vance, a prominent figure in the Trump administration, advocates for a balanced approach to AI development that avoids stifling innovation while addressing concerns about corporate power and worker displacement. He draws parallels between historical tools like Lafayette’s sword and AI, emphasizing their dual potential for harm or benefit. Vance’s strategy reflects his dual background in venture capital and working-class advocacy, aiming to align AI progress with MAGA principles of economic growth and worker protection.
- Workers are emerging as the next big AI logjam
The article highlights that workers with physical and crafts skills are becoming a critical bottleneck in AI development as Big Tech recognizes the need for such expertise to build and maintain data centres.
- Big Tech is stoking unrest in the UK. Why?
Elon Musk has amplified anti-immigrant sentiment in Belfast, Southampton, and other UK locations, contributing to unrest. The article suggests this cannot be explained solely by ideology.
- I built an AI tool that negotiated hotel prices for me. One hotel suspected it was AI, but it got me a better deal.
Maahir Sharma, a software engineer, developed an AI agent to negotiate hotel room rates by calling hotels. During a test call, a hotel representative suspected the AI but reduced the rate by $5, resulting in a better deal for Sharma.
- Datacenters driving US clean energy growth while still threatening climate
Datacenters are driving growth in the US clean energy industry by boosting wind and solar power, but they remain a significant climate threat. Big tech companies are investing in their own power sources due to grid connection issues, paradoxically supporting clean energy while creating environmental challenges.
- Datacenters driving US clean energy growth while still threatening climate
Datacenters are accelerating US clean energy growth by investing in wind, solar, and other renewables, but their expansion also poses significant climate risks. While the sector is revitalizing a previously struggling clean energy industry, observers warn that datacenters remain a major environmental threat due to their energy demands.
- Fox News Poll: Move over Big Brother, voters see Big Tech as greater threat to US
A Fox News Poll reveals voters now view Big Tech as a greater threat to the U.S. than Big Government, with 52% citing Big Tech versus 47% for Big Government, marking a 28-point shift since 2019. Sentiment toward AI is mixed, with equal shares describing it as innovative/helpful or a bad idea, while daily AI usage has increased among multiple demographics.
- Fox News Poll: Move over Big Brother, voters see Big Tech as greater threat to US
A Fox News Poll reveals voters now view Big Tech as a greater threat to the U.S. than Big Government, with 52% citing Big Tech compared to 47% for Big Government, marking a 28-point shift since 2019. Perceptions of AI remain mixed, with equal shares describing it as innovative/helpful or a bad idea, while daily AI usage has increased among multiple demographics.
- Jeremy Grantham Points to a Watershed Moment for Big Tech
Jeremy Grantham, a GMO LLC co-founder and chief investment strategist, discussed a significant turning point for Big Tech during a Bloomberg Wealth interview with David Rubenstein. The conversation took place in Boston, Massachusetts, US.
- Ireland’s Big Tech presidency dilemma: Shaping the rules for companies it hosts
Ireland's upcoming EU Council presidency will focus on tech regulation amid its close ties to U.S. tech giants like Apple and Microsoft, which contributed nearly 40% of the country’s corporate tax in 2024. The presidency will address issues like AI rules, data privacy, and reducing reliance on foreign tech, raising concerns about potential conflicts of interest due to Ireland's economic dependence on major tech firms.
- How (and why) AI is eroding US democracy
Donald Trump announced the Stargate AI infrastructure project during his presidency, described as a coordinated effort between the federal government and Big Tech. The article suggests this collaboration may be undermining US democracy.
- INTERVIEW: Top telecom reform MEP wants to amp up aid for operators
Rapporteur Stéphanie Yon-Courtin advocates for a mandatory conciliation mechanism targeting dominant telecom operators and Big Tech. The proposal aims to enhance support for operators through regulatory measures.
- Big Tech crash, oil volatility rattles markets: Will Bitcoin hold above $60K?
Big Tech crash and oil volatility are impacting markets, with $1.9 billion exiting spot Bitcoin ETFs and tech stocks under pressure, leading to Bitcoin's potential decline below $60,000 support.
- Keir Starmer tells Big Tech to stop kids sending intimate images, or else
UK Prime Minister Keir Starmer demanded that tech firms block children from sending or receiving intimate images, warning of legislation if they fail to act within three months. NSPCC chief Chris Sherwood supported the move, while Labour MP Jess Phillips resigned, criticizing delays in implementing child safety measures.
- Asian shares drop after plunge in Big Tech stocks gives Wall St its worst day in months
Asian shares dropped significantly as worries over Big Tech stock declines and potential interest rate hikes led to Wall Street's worst day since October. Regional indices like Japan's Nikkei 225 and South Korea's Kospi fell sharply, while oil prices rose amid Israeli airstrikes in Iran and stalled ceasefire negotiations.
- Beyond Instagram: Introducing the next generation of social apps
Newer social apps are emerging as alternatives to Big Tech’s feeds, emphasizing interests, creativity, and community. These platforms aim to offer a different approach to social interaction compared to traditional feed-based models.
- Social media bans on teens risk strengthening Big Tech's grip on the sector, Bluesky exec warns
Bluesky's COO Rose Wang warns that social media bans on teens could entrench Big Tech's dominance in the sector, making it difficult for smaller companies to create healthier online spaces.
- US stocks slump as fears over Big Tech shake Wall Street
US stocks declined due to concerns about Big Tech's impact on Wall Street. The Nasdaq experienced its largest single-day drop since early 2025.
- First Google, now Meta? Big Tech may increasingly sell stock to bankroll $820 billion AI boom.
Big Tech companies like Google and Meta may sell stock to fund an $820 billion AI boom, despite potential disapproval from stock investors. Bond investors, already involved in funding AI, are pleased with this development.