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Showing posts from October, 2023

Demis Hassabis: AI must not 'move fast and break things'

Google Deepmind co-founder Demis Hassabis said the AI industry should not adopt the Silicon Valley mantra. from BBC News - Business https://ift.tt/ovbWVYL

'We failed - why our dream eco-business collapsed'

With a big rise in the number of firms going bust, we speak to one couple about why their business folded. from BBC News - Business https://ift.tt/Spvk9UX

Temu adverts banned for sexualising a child and objectifying women

The UK's advertising regulator upheld complaints about five of the online shop's adverts. from BBC News - Business https://ift.tt/7T56wZn

CEO Secrets: ‘Pumpkins saved my business but almost squashed me’

Kim Innes founded Humble Crumble, a crumble bakery that’s sold more than half a million sweet treats. from BBC News - Business https://ift.tt/a06nl8q

Portugal's tech boom challenged by tax change

Portugal's government plans to remove a key tax benefit that has attracted thousands of tax workers. from BBC News - Business https://ift.tt/ZrX3yUF

Would you drink genetically modified beer?

A growing number of US brewers are now using GM yeast to make their beers. from BBC News - Business https://ift.tt/uPI3s2J

Canada bans Chinese app WeChat from government devices

It's worried about spying with the app, which is like WhatsApp, Facebook, Amazon and Tinder combined from BBC News - Technology https://ift.tt/EpBYxKM

World Bank warns oil prices could reach $150 a barrel

A prolonged conflict in the Middle East would lead to much higher energy prices, the global institution predicts from BBC News - Business https://ift.tt/xfp0M9a

Petrol retailers should cut price by 5p a litre, RAC says

The motoring body says major fuel retailers should reduce prices to reflect lower wholesale costs. from BBC News - Business https://ift.tt/LA1Zaoc

Leasehold law will be in King's Speech, says housing minister

Rachel MacLean says the bill would restore "true homeownership" but Labour says it is "thin gruel". from BBC News - Business https://ift.tt/b4D0CAY

Fewer trains to run from London to Manchester

Avanti is to run a reduced service between London to Manchester on Saturdays until the end of the year. from BBC News - Business https://ift.tt/HW7rXgw

Sale of NHS data up to government, says tech boss

The head of Palantir, which is in the running for an NHS contract, says it would not have access to data. from BBC News - Technology https://ift.tt/gqr4DFV

Can Rishi Sunak’s big summit save us from AI nightmare?

The BBC's tech editor, Zoe Kleinman, looks ahead to next week's AI Safety Summit, hosted by the UK. from BBC News - Business https://ift.tt/vBn7G5S

Sale of NHS data up to government, says tech boss

The head of Palantir, which is in the running for an NHS contract, says it would not have access to data. from BBC News - Business https://ift.tt/gqr4DFV

UAW strike: Stellantis and union agree pay rise in tentative deal

Stellantis becomes the second US car giant to strike a tentative deal with the United Auto Workers union. from BBC News - Business https://ift.tt/0kH9FWa

Can Rishi Sunak’s big summit save us from AI nightmare?

The BBC's tech editor, Zoe Kleinman, looks ahead to next week's AI Safety Summit, hosted by the UK. from BBC News - Technology https://ift.tt/omwZiYA

After a year of Elon Musk, what's next for X?

How the billionaire's purchase of Twitter has changed the platform and what the future may hold. from BBC News - Technology https://ift.tt/csrKgkF

How does China fix the Evergrande mess?

The heavily indebted company has become the poster child of the country's flailing property sector. from BBC News - Business https://ift.tt/2Ad4Ig0

Airbnb turns to AI to help prevent house parties

The short-term rental giant is now using artificial intelligence to try to prevent troublemakers. from BBC News - Technology https://ift.tt/PiZQa6b

AI could worsen cyber-threats, report warns

By 2025 AI could increase cyber-attack risk, and help plan physical attacks, report warns. from BBC News - Business https://ift.tt/WaMvuxk

Barbie movie reverses Mattel's toy sales slump

Toymaker Mattel reports a jump Barbie sales after the success of this summer's Barbie film. from BBC News - Business https://ift.tt/7taCfhl

Watchdog: Ex-NatWest boss breached Nigel Farage's privacy

Former Natwest boss Alison Rose should not have shared information on Nigel Farage, watchdog says. from BBC News - Business https://ift.tt/nhS5NzI

Paedophiles using AI to turn singers and film stars into kids

Charity finds dark web forums sharing thousands of new abuse images made with bespoke AI software. from BBC News - Technology https://ift.tt/Its5qcm

Rural buses: Councils opt for 'on-demand' services in face of cuts

Councils said they could not offer a like-for-like replacement for commercial services that have faced cuts. from BBC News - Business https://ift.tt/4Oyn6Cw

Paedophiles using AI to turn singers and film stars into kids

Charity finds dark web forums sharing thousands of new abuse images made with bespoke AI software. from BBC News - Business https://ift.tt/Its5qcm

Big banks linked to products with pangolin parts

The companies include UK multinationals such as HSBC, Prudential, and Legal & General. from BBC News - Business https://ift.tt/6qj7FAg

Job figures show signs of labour market weakening

The trend suggests businesses are feeling the impact of rising prices and high interest rates. from BBC News - Business https://ift.tt/AoOniyw

World shift to clean energy is unstoppable, IEA report says

The world is shifting rapidly to clean energy but still investing too much in fossil fuels, the IEA says. from BBC News - Business https://ift.tt/3JiQrVC

Short selling: Don’t be the 'Dumb Money'

Short selling can be risky, but more and more amateur investors are taking it up. from BBC News - Business https://ift.tt/F0gWOZG

Workers on voluntary Real Living Wage see 10% pay rise

The increase in the voluntary pay scheme will benefit more than 460,000 UK workers. from BBC News - Business https://ift.tt/1eLBKNd

Labour fears no-fault eviction ban will be delayed

Ministers maintain a new law will be brought in but Labour says they fear it could be watered down. from BBC News - Business https://ift.tt/i7Y92Sw

Tax cuts will be considered if inflation falls, cabinet minister says

Robert Jenrick says PM Rishi Sunak has the "right priorities" despite his party's by-election losses. from BBC News - Business https://ift.tt/GqTRn6Z

Does the paper industry need to cut its water usage?

Firms in the sector are using new technologies to reduce the amount of water they require. from BBC News - Business https://ift.tt/t7hHkFu

Foxconn: iPhone-maker investigated by Chinese authorities

Chinese state media reports some of the Taiwan-based firm's mainland operations are being investigated. from BBC News - Business https://ift.tt/qbd859R

Autumn statement: Government considers help for first-time buyers

The Treasury is understood to be considering extending a low deposit mortgage scheme for a year. from BBC News - Business https://ift.tt/xQ6Brah

Mario v Sonic: Rivals launch similar games in same week

It is the first time for more than 30 years that the two rivals have released games in the same week. from BBC News - Technology https://ift.tt/pAijV28

'My business had £1.6m stolen in 20 minutes'

An employee at Steve Wright's firm was tricked into giving thieves access to the company account. from BBC News - Business https://ift.tt/BkX2nWw

Google Pixel’s face-altering photo tool sparks AI manipulation debate

A new breed of smartphone tools are raising fresh questions about what it means to photograph reality. from BBC News - Technology https://ift.tt/a2Iqv0k

Moody's boosts view of UK after mini-Budget chaos

Ratings agency says "predictability has been restored" following last year's mini-Budget. from BBC News - Business https://ift.tt/6pb2MId

Is AI about to transform the legal profession?

Law firms are increasingly using artificial intelligence systems, but it comes with risks. from BBC News - Business https://ift.tt/OdPYucp

Amazon launches humanoid robots to 'free up' staff

The US tech giant is looking at ways it can automate more of its operations. from BBC News - Technology https://ift.tt/tE34NCW

Amazon launches humanoid robots to 'free up' staff

The US tech giant is looking at ways it can automate more of its operations. from BBC News - Business https://ift.tt/tE34NCW

BYD: The top electric car maker that is not Tesla

Chinese auto giant BYD is now ahead of Tesla in quarterly production - and second to it in global sales. from BBC News - Business https://ift.tt/qVgL7c0

Britishvolt aims to supply batteries to Australian military

New owner, Recharge, hopes to close a deal on the Northumberland site, paving the way to make batteries for export. from BBC News - Business https://ift.tt/GAfLMUd

Irish baby milk factory to close as China birth rate drops

The closure of the plant in Askeaton, County Limerick, will mean more than 500 job losses. from BBC News - Business https://ift.tt/Okj8w04

The incredible power of blue LEDs

LEDs dominate lighting systems but their efficiency rests on the tricky production of blue light. from BBC News - Business https://ift.tt/MrNY8W5

AirAsia boss Tony Fernandes criticised for half-naked massage photo

Tony Fernandes shared a picture of himself attending a meeting while getting a massage. from BBC News - Business https://ift.tt/EqIblri

German chancellor Olaf Scholz could snub British AI summit

The BBC understands the German chancellor may turn down his invitation to the event on 1 November. from BBC News - Business https://ift.tt/apXYsr2

German chancellor Olaf Scholz could snub British AI summit

The BBC understands the German chancellor may turn down his invitation to the event on 1 November. from BBC News - Technology https://ift.tt/apXYsr2

Will Sam Bankman-Fried take the stand to save himself?

A long prison sentence hangs over him so the former crypto tycoon may take a gamble and testify. from BBC News - Business https://ift.tt/KngQGem

Former Bank of China boss arrested on bribery charges

He is the latest banker to be prosecuted under Chinese President Xi's anti-corruption crackdown. from BBC News - Business https://ift.tt/Bxj4zcd

Australia fines X for failing to crack down on child abuse content

It comes as X's owner Elon Musk had earlier called child safety his number one priority. from BBC News - Technology https://ift.tt/dAhXVbf

Australia fines X for failing to crack down on child abuse content

It comes as X's owner Elon Musk had earlier called child safety his number one priority. from BBC News - Business https://ift.tt/dAhXVbf

Charities 'concerned' over lack of progress with Renters Reform Bill

Thirty charities have warned Rishi Sunak not to abandon the bill banning no-fault evictions. from BBC News - Business https://ift.tt/NOanJH8

Electric cars drive UK MG sales to more than £1bn

The car maker, owned by a Chinese state-controlled company, says it is in a "very strong position". from BBC News - Business https://ift.tt/54WmVhu

Manchester United: Qatar's Sheikh Jassim withdraws from process to buy club

Qatari banker Sheikh Jassim bin Hamad Al Thani withdraws from the process to buy Manchester United. from BBC News - Business https://ift.tt/OvtRMS5

What does TikTok's EGX sponsorship mean for the games industry?

The app's hoping to take on Twitch and YouTube to become the main stop for online video games content. from BBC News - Business https://ift.tt/E1RJqar

What does TikTok's EGX sponsorship mean for the games industry?

The app's hoping to take on Twitch and YouTube to become the main stop for online video games content. from BBC News - Technology https://ift.tt/E1RJqar

UK's nuclear fusion site ends experiments after 40 years

The JET laboratory, the focus of European fusion experiments for decades, carries out its last test. from BBC News - Technology https://ift.tt/bLFNcAo

Microsoft Activision: What does deal mean for gamers?

Call of Duty might be an Xbox exclusive one day, but not for at least 15 years. from BBC News - Business https://ift.tt/M78Hi2m

Microsoft Activision: What does deal mean for gamers?

Call of Duty might be an Xbox exclusive one day, but not for at least 15 years. from BBC News - Technology https://ift.tt/M78Hi2m

FNaF movie: Can Five Nights at Freddy's live up to the hype?

The long-awaited film version of Scott Cawthon's hit game is almost out - but will it satisfy fans? from BBC News - Technology https://ift.tt/4LFTQWg

Call of Duty maker to be bought by Microsoft

The takeover, the biggest of its kind in the history of gaming, has been approved by UK regulators. from BBC News - Business https://ift.tt/3mkLfwr

EU opens investigation into X over alleged disinformation

X, formerly Twitter, is being investigated over the possible spread of terrorist and violent content. from BBC News - Business https://ift.tt/safql38

EU opens investigation into X over alleged disinformation

X, formerly Twitter, is being investigated over the possible spread of terrorist and violent content after Hamas' Israel attack. from BBC News - Technology https://ift.tt/safql38

Microsoft in $29bn back taxes dispute in US

The IRS has been auditing how the firm allocates profits among countries and jurisdictions. from BBC News - Business https://ift.tt/kLrWlZx

Energy bills could rise by £17 to bailout firms

The UK's energy watchdog is considering a one-off rise to bills to help prevent companies going bust. from BBC News - Business https://ift.tt/cpSmsql

Schools and NHS caterers ‘must stop’ antibiotic overuse

Health and animal welfare campaigners say the overuse of antibiotics by UK farmers should be banned. from BBC News - Business https://ift.tt/OBDmI60

World Bank criticises UK for cutting aid to poorest

The World Bank says cuts to foreign aid are being felt at a time of higher poverty levels. from BBC News - Business https://ift.tt/BrjXOPI

Nearly half a billion small tech items thrown away

Electrical items such as vapes, fans, cables and USB sticks can all be recycled from BBC News - Technology https://ift.tt/B3v4DY8

Nearly half a billion small tech items thrown away

Electrical items such as vapes, fans, cables and USB sticks can all be recycled from BBC News - Business https://ift.tt/B3v4DY8

Jewish parents told to delete social media apps

Some schools have suggested parents delete apps such as TikTok and Instagram due to the violent content circulating. from BBC News - Business https://ift.tt/Mr5cXuC

Next set to buy rival brand Fat Face in latest High Street buy

High Street chain Next is understood to be close to buying rival fashion chain Fat Face. from BBC News - Business https://ift.tt/pM93YgE

India arrests Chinese employee of smartphone maker Vivo

Long-running tensions have also seen Delhi ban hundreds of Chinese apps, including TikTok. from BBC News - Business https://ift.tt/dB0LAtw

EU warns Elon Musk 'disinformation' is spreading on X after Hamas attack

The EU has written to Elon Musk warning him that the platform is being used to spread illegal content. from BBC News - Technology https://ift.tt/M9FkdVY

Clubs promoting NFTs pose 'risk' to fans, MPs warn

A committee of MPs say artists and sport clubs' reputations are at risk if they promote NFTs. from BBC News - Technology https://ift.tt/yAKhqJs

Clubs promoting NFTs pose 'risk' to fans, MPs warn

A committee of MPs say artists and sport clubs' reputations are at risk if they promote NFTs. from BBC News - Business https://ift.tt/yAKhqJs

Unity boss resigns after game engine pricing backlash

The firm powers hit games including Pokemon Go, and had wanted to charge developers extra fees. from BBC News - Technology https://ift.tt/D01K2Fo

Technology festival's sock that detect Alzheimer's signs

The socks, which can detect the early signs of the condition, are among innovations on show in Bristol. from BBC News - Technology https://ift.tt/6HrqZ9B

IMF says UK faces five more years of high interest rates

The UK is expected to have the highest inflation of the US, France, Germany, Canada, Italy and Japan. from BBC News - Business https://ift.tt/9dXDaWP

Metro Bank has a limited future, claims co-founder

Anthony Thomson says the bank's strategy of continuing to focus on High Street branches is "flawed". from BBC News - Business https://ift.tt/g8VWEcR

'I pawned my wedding rings for £200 to pay my bills'

The use of pawnbrokers went up by 25% in a year during the cost of living crisis, figures suggest. from BBC News - Business https://ift.tt/mAuElN8

Man trains home cameras to help repel badgers and foxes

James Milward went high tech in his quest to stop the animals fouling in his Surrey garden. from BBC News - Technology https://ift.tt/L2YzGu6

The hunt for a new way to tackle clothing waste

Scientists in the US are trying to find enzymes or bacteria that will decompose manmade fibres. from BBC News - Business https://ift.tt/ei47Enj

Nobel economics prize awarded to Claudia Goldin for work on gender pay gap

American economic historian Claudia Goldin is only the third woman to receive the prestigious economics prize. from BBC News - Business https://ift.tt/KAzNqlo

My landlord wanted to put the rent up 35% despite cap

Catherine Sheldon says she is now having to leave the property, with nowhere else to go that she can afford. from BBC News - Business https://ift.tt/G0mC4zn

Oil prices rally on fear of Middle East supply disruptions

West Texas Intermediate and Brent crude prices jumped by 4% in Asian trading. from BBC News - Business https://ift.tt/GXHRTDA

Labour's Rachel Reeves to set out plan to recover Covid fraud billions

An anti-corruption commissioner would target £7.2bn lost to fraud, the shadow chancellor will say. from BBC News - Business https://ift.tt/VfJx3We

Nevada lithium mine leads to 'green colonialism' accusations

The rush to mine lithium for car batteries is dividing environmental and native American communities. from BBC News - Technology https://ift.tt/R2FOUYv

Nevada lithium mine leads to 'green colonialism' accusations

The rush to mine lithium for car batteries is dividing environmental and native American communities. from BBC News - Business https://ift.tt/R2FOUYv

Wilko: End of a fabulous ride for shop that sold it all

Workers and shoppers tell us what they'll miss about the brand as the final stores close. from BBC News - Business https://ift.tt/iaQJdyZ

Energy firms holding £8.1bn of customers' money

A father-of-three reveals that it took six weeks to have £800 refunded by his energy supplier. from BBC News - Business https://ift.tt/JQobLTG

Car workers strike not expanded as concession made

The United Auto Workers union will continue action but says it is making progress with firms. from BBC News - Business https://ift.tt/Rbnd9Ue

Tweet saying FTX was "fine" was false, court hears

The FTX co-founder tells court that Sam Bankman-Fried's public claims about FTX did not match reality. from BBC News - Technology https://ift.tt/26Yrvop

How Ghana's central bank lost $5bn in one year

The country's economic crisis has sparked protests and led to calls for the bank's boss to resign. from BBC News - Business https://ift.tt/Gb8YEXO

Taylor Swift tour film tops $100m in advance ticket sales

The film of the Eras tour is due to be released in cinemas in more than 100 countries next Friday. from BBC News - Business https://ift.tt/UZlo9Wp

Assassin's Creed Mirage: Why Arabic is at the heart of the new game

The makers of the latest in the stealth action series have put Arabic front and centre of the project. from BBC News - Technology https://ift.tt/7iZ0uQE

Electric car sales to private buyers fall sharply

No incentives for consumers to buy electric has affected sales, but overall the car market is growing. from BBC News - Business https://ift.tt/4NxIZve

HS2: No new compensation for 'pain' of people affected by scrapped rail route

There will be no new money for displaced people and firms along the scrapped route, the government says. from BBC News - Business https://ift.tt/GqfYcdV

Metro Bank shares plunge on reports of urgent fund raising

The bank's shares plunged 23% in early trading, after several newspapers reported it needed to raise £600m. from BBC News - Business https://ift.tt/c0luIMh

Amazon and Microsoft to face cloud computing competition probe

The competition watchdog is investigating the tech giants' cloud computing dominance. from BBC News - Technology https://ift.tt/yH9pB5R

Amazon and Microsoft to face cloud computing competition probe

The competition watchdog is investigating the tech giants' cloud computing dominance. from BBC News - Business https://ift.tt/yH9pB5R

Right to own a car in Singapore now costs £87,000

The city-state introduced a 10-year certificate of entitlement system in 1990 as an anti-congestion measure. from BBC News - Business https://ift.tt/4jmuEic

Sam Bankman-Fried's FTX crypto fraud trial opens in NY

The former crypto billionaire is accused of "one of the biggest financial frauds in US history". from BBC News - Business https://ift.tt/G7DS2MC

HS2 West Midlands-Manchester line to be scrapped

Rishi Sunak is expected to set out alternative projects in his Conservative Party conference speech. from BBC News - Business https://ift.tt/OKgB9oh

Food price inflation will keep slowing, says Tesco boss

The pace of price rises will continue to ease this year, says boss of UK's biggest supermarket. from BBC News - Business https://ift.tt/Oklmide

TikTok: Social media app halts online shopping service in Indonesia

The country's government banned social media platforms from selling goods to protect physical stores. from BBC News - Business https://ift.tt/7eIuDOB

TikTok: Social media app halts online shopping service in Indonesia

The country's government banned social media platforms from selling goods to protect physical stores. from BBC News - Technology https://ift.tt/7eIuDOB

Rules of engagement issued to hacktivists after chaos

The ICRC writes rules of engagement for civilian hackers, as unprecedented numbers join cyber-conflicts from BBC News - Technology https://ift.tt/RriqCIK

US sanctions Chinese firms in crackdown on fentanyl supply chain

The move is part of efforts to target the supply chain of the drug amid the opioid crisis in the US. from BBC News - Business https://ift.tt/WwbBg30

Cost of national debt hits 20-year high

The interest rate on government debt has hit a 20-year high, leaving little room for tax-cuts. from BBC News - Business https://ift.tt/nU7XhxO

Petrol prices rise for fourth month in a row - RAC

The RAC claims drivers are being overcharged for petrol but retailers say they have higher costs. from BBC News - Business https://ift.tt/WaiYGgT

Sam Bankman-Fried: Trial of 'Crypto King' begins

The former crypto billionaire is accused of "one of the biggest financial frauds in US history". from BBC News - Business https://ift.tt/9nqQzLW

Easy life: Band says easyJet owner suing over name

Easy life says they are "certain" it has never affected the easyGroup's business. from BBC News - Business https://ift.tt/UmXzrTK

Greggs says sales up by more than fifth in latest quarter

The chain, which opened its first shop in 1951, has opened 144 new stores in the last year. from BBC News - Business https://ift.tt/7GWZOB5

Evergrande: Shares in crisis-hit property giant jump in market return

The embattled Chinese property giant's shares were suspended from trading on Thursday. from BBC News - Business https://ift.tt/0Z6sBat

Why your new Apple iPhone 15 is overheating

The firm says a bug in its operating system and updates to apps like Instagram are behind the issue. from BBC News - Business https://ift.tt/GXPYcBb

House buyers look to adapt to higher mortgage rates

House prices fall but some young buyers are considering smaller homes and longer-term loans, surveys suggest. from BBC News - Business https://ift.tt/98ejEYZ

China Belt and Road: Indonesia opens Whoosh high-speed railway

The project under Belt and Road links the capital Jakarta with the economic hub of Bandung. from BBC News - Business https://ift.tt/9NnqTyS

Jeremy Hunt to confirm national living wage to rise to £11 an hour

The move will affect two million of the lowest-paid workers, the chancellor will tell the Tory conference. from BBC News - Business https://ift.tt/iEZO9n0

Golden Week: China's economic woes fail to dampen holiday fever

But a sluggish economy forces young Chinese to travel cheaply for this year's holiday. from BBC News - Business https://ift.tt/gt3EVIj

Aukus: UK defence giant BAE Systems wins £3.95bn submarine contract

The deal will provide decades of work at BAE Systems' shipyard in Barrow-in-Furness, Cumbria. from BBC News - Business https://ift.tt/IdUBKxg

Rishi Sunak refuses to commit to pre-election tax cuts

The PM says his focus is easing living costs, amid Tory unrest on day one of the party's conference. from BBC News - Business https://ift.tt/iIUEXtr

HS2: Rishi Sunak refuses to commit to Manchester link

The prime minister again refuses to say if high speed rail link will run from Birmingham to Manchester. from BBC News - Business https://ift.tt/xm8ifHs

Iceland boss quits Tories labelling party 'out of touch'

Richard Walker had tried to become a Tory MP but has quit the party on the eve of the annual conference. from BBC News - Business https://ift.tt/6uUSd4D