European companies face “devastating” retaliation from Washington if Brussels presses ahead with plans to restrict American rivals such as Elon Musk’s SpaceX from parts of the European market, the US ambassador to the EU has warned. Andrew Puzder’s warning comes after the European Commission this year proposed reserving part of its spectrum band that allows smartphones to connect directly to satellites for European players. That would limit the frequencies for Chinese and US companies such as SpaceX, which operates the Starlink satellite network. FT.com

Anthropic has said it will commit 5% of its shares to a fund for the “public good”, as the AI developer behind the Claude chatbot seeks to bolster its appeal before its stock market listing. The company announced it would commit the shares, worth around $48bn (£36bn) at its latest valuation in May, subject to shareholder approval. It will add a further 2% of its stock to the fund for every 50% increase in its value above an undisclosed baseline. The fund will allow Anthropic to “explore large donations to traditional nonprofits or direct distributions to specific populations”, the company said. The Guardian

Just beforeApple’s first foldable iPhonereaches stores, the company has revealed its battery capacity for the first time. And it turns out that despite its foldable design, the iPhone Duo’s battery is not particularly small. Apple generally does not disclose the battery capacities of its iPhones in official specifications, preferring to provide figures for hours of use and video playback. However, since June 2025, new European Union regulations have required smartphone manufacturers to publish detailed information about batteries, energy efficiency and device durability. Thanks to that requirement, it has now emerged that the .

Uber has won its bid to throw out claims worth about £340m brought by thousands of London black cab drivers and two former private hire firms. The claimants alleged the ride-hailing company gave Transport for London (TfL) misleading information when it first got a licence to operate in the capital in 2012. But a High Court judge ruled the cases had been brought too late and dismissed them without considering whether the allegations were true. Uber, which denied the claims, said it was pleased the court had thrown them out at the earliest opportunity. BBC 

Network benchmarking firm Ookla, which collects data from consumers via their Speedtest.net site and app, has revealed the results of a new study that shows how 4G and 5G mobile network performance in London has declined relative to 18 of Europe’s capital cities. The city now sits at the very bottom of the table across almost all the key measurements. According to the study, London, which was originally one of the first European capitals to launch 5G services, has seen median 5G download speeds fall from 200Mbps in Q2 2021 to 133Mbps in Q3 2026 as the share of tests on 5G nearly doubled to 80%. ISPreview

Accenture has blocked some employees from spending more than $29 (£21.75) a month on AI after some members of staff racked up monthly bills of $1,000. The consulting giant has introduced the cap to control runaway spending on AI, which has been fuelled by employees using the technology to complete a growing number of everyday tasks. Companies are typically charged by AI companies based on their usage, similar to a utility bill. Accenture’s spending cap, which was first reported by 404 media, reflects a growing trend of companies attempting to restrict spiralling costs. Telegraph