🔧 1. Leadership Changes at Tech Companies
- Mobysoft, a UK-based social housing technology provider, has appointed Gary Young as its new CEO. Young brings over 35 years of experience from IBM, KCOM Group Plc, and Peppermint Technology. His focus will be on accelerating product innovation and improving services for social housing providers .
- Teachmate, an AI-powered digital assistant for teachers, has appointed Sophie Gornall as Head of Marketing. Gornall, a former secondary English teacher, will lead global marketing strategies to promote the platform, which aims to save teachers over 10 hours per week .
📊 2. Investment and Funding Rounds
- PhovIR, a University of Manchester spinout, secured a £4 million seed funding round led by Northern Gritstone and SCVC. The company is developing portable Near Infra-Red (NIR) optical sensors for applications like drink spiking detection, industrial safety, and pollution monitoring .
- Aircards, a Newcastle-based immersive technology company, received a £3 million investment from Foresight Group. The funds will support the development of its hardware and software products, including Invisionary (interactive digital signage) and Metalitix (data analytics tool) .
- Phoebe, a London-based AI startup, raised $17 million in a funding round co-led by Google Ventures and Cherry Ventures. The company is building an AI-powered “immune system” for software to prevent downtime by diagnosing issues in real-time .
🍎 3. Apple’s Manufacturing Shift to India
Apple’s iPhone production in India reached $22 billion in the 12 months ending March 2025, a 60% increase from the previous year. India has also become the top exporter of smartphones to the U.S., accounting for 44% of U.S. imports. However, India’s manufacturing ecosystem still faces challenges, including supply chain inefficiencies and quality control issues. Apple’s strategy is to use India as a supplement to China rather than a full replacement, with plans to assemble 32% of global iPhones in India by 2026-27 .
🌐 4. Edge Computing Market Growth
The global edge computing market is projected to grow from $168.4 billion in 2025 to $249.06 billion by 2030, at a CAGR of 8.1%. Key drivers include the adoption of IoT, demand for low-latency applications, and advancements in 5G technology. Major players like HPE, AWS, Dell, and Cisco are leading innovations in this space, with North America expected to dominate the market due to its advanced digital infrastructure .
🚗 5. DENSO’s Smart Mobility Solutions
DENSO will showcase its smart mobility solutions at the ITS World Congress 2025 in Atlanta. Highlights include:
- MobiQ™ V2X Roadside and On-Board Units for improving road safety and traffic flow.
- Dynamic Wireless Power Transfer System for charging electric vehicles while in motion.
- LiDsEYE™, a high-resolution lidar system for traffic monitoring and vulnerable road user detection.
- Local Area Monitoring Perimeter (LAMP), an edge-based computing system for real-time street-level awareness .
🔒 6. Google Cloud’s AI Security Tools
Google Cloud announced new AI security tools at its 2025 Security Summit, including:
- Security Command Center features for monitoring AI agents and detecting vulnerabilities.
- Model Armor for protecting against prompt injection and jailbreaking attacks.
- Agentic IAM for managing agent identities in AI environments. These tools aim to secure AI systems while using AI to enhance cybersecurity operations .
🤖 7. AI and Tech Sector Developments
- Google’s Pixel 10 smartphones are emphasizing AI capabilities, including features that fetch vital information and improve photos in real-time .
- OpenAI released GPT-5, the latest version of ChatGPT, which is being touted as the fastest, smartest, and most reliable model yet .
📉 8. Tech Stock Performance
The tech sector saw declines, with the S&P 500 falling 0.24% and the Nasdaq losing 0.67%. Companies like Intel, Palantir, and AMD were among the worst performers. Investors are taking profits from high-value tech stocks amid concerns about valuations and the strength of the AI trade .
🛠️ 9. Defense Technology Partnership
Australia and the UK have partnered under the Copperhead Project Arrangement to develop next-generation guided weapons systems. This collaboration will leverage modular technology to create affordable and agile weapons subsystems, supporting Australia’s Guided Weapons and Explosive Ordnance (GWEO) Plan .
💡 10. Other Notable Updates
- Sony increased the price of PlayStation 5 consoles in the U.S. by $50 due to economic challenges .
- Minnesota sued TikTok, alleging that its addictive algorithms harm young users’ mental health .
- YouTube is testing an AI-powered age verification system in the U.S. to distinguish between adults and minors based on viewing habits