Industry

• TTM Technologies achieved a 214.4% increase in earnings over the past year, substantially exceeding the electronic industry average of 15.7%. • The company's exceptional performance reflects strong execution and market demand within the technology sector. • TTM's growth trajectory positions it among elite performers in the high-growth tech space.

Food delivery services say the proposed laws will affect their workers, while shared e-vehicle schemes claim the laws could make them uninsurableFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLegislation that would crack down on ebikes and e-scooters in Queensland could curtail food delivery services and potentially end shared e-vehicle schemes, industry figures warn.The proposed laws would set an age limit of 16 on ebikes and e-scooters, require users to obtain a driver’s licence, and set a limit of 10km/h on almost all cycle lanes. Continue reading...

• The Nasdaq Cybersecurity ETF declined 15% over the past six months, signaling mounting pressure on the cybersecurity sector. • Investors are questioning the industry's traditional moat as competitive and technological challenges erode barriers to entry. • This downturn coincides with rising AI-driven threats, prompting initiatives like Anthropic's Project Glasswing for defensive advantages.

• Anthropic announced Project Glasswing, a collaborative initiative involving Amazon Web Services, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorganChase, the Linux Foundation, Microsoft, NVIDIA, and Palo Alto Networks to secure critical software infrastructure. • The initiative provides select firms access to Claude Mythos2 preview model for defensive cybersecurity work, which has reportedly identified thousands of severe vulnerabilities in major operating systems and browsers. • The program aims to give defenders a durable advantage in the AI-driven cybersecurity era while controlling access to prevent misuse by attackers.

• Recording Academy announced new 'Best AI-Generated Performance' category for 2027 Grammys on April 9 in LA. • Category sparked backlash from artists like Billie Eilish, who called it 'a slippery slope' in statement. • 12,000+ submissions expected, with eligibility requiring human oversight per new rules.

• Blackstone closed a $10 billion opportunistic private credit fund on April 8, 2026, reaching its hard cap target despite ongoing capital outflows in the sector. • The fund's successful close highlights Blackstone's strength in private credit as investors remain cautious due to market volatility and higher interest rates. • This deal underscores the resilience of top alternative asset managers in attracting institutional capital amid broader private credit struggles.

Exclusive: documents chronicle years-long campaign to make it easier to build intensive livestock unitsMinisters are rewriting planning rules to make it easier to build intensive livestock farms despite concerns about water pollution, air quality and local opposition.Documents obtained by the Guardian under the Freedom of Information Act show that proposed changes to the national planning policy framework (NPPF) were discussed by ministers and officials in response to concerns of the country’s leading chicken producers, who have been lobbying on the issue for at least two years. Continue reading...