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Showing posts from January, 2024

eBay to pay $59m settlement over sales of pill-making tools

The government accused eBay of making it too easy to buy equipment for producing counterfeit pills. from BBC News - Business https://ift.tt/Eg4Gw7V

Meta boss Mark Zuckerberg apologises to families in fiery US Senate hearing

Bosses from five of the largest social media firms were grilled about how they are protecting children. from BBC News - Technology https://ift.tt/PXxh241

Fed holds interest rates at a 23-year high

The bank says it wants confidence about inflation cooling before it starts cutting rates. from BBC News - Business https://ift.tt/tFJaMEs

Microsoft says AI is getting deployed 'at scale'

The tech giant's AI success has caused shares to surge, after its market value passed $3tn. from BBC News - Business https://ift.tt/Y7LCN12

Microsoft says AI is getting deployed 'at scale'

The tech giant's AI success has caused shares to surge, after its market value passed $3tn. from BBC News - Technology https://ift.tt/Y7LCN12

Sky to cut 1,000 jobs in move towards digital

The firm will cut 4% of its workforce, mainly from its engineering arm, as fewer people use satellites. from BBC News - Business https://ift.tt/txYzd4A

Warning cost of car insurance to rise this year

The Financial Conduct Authority says it was "monitoring" the sharp rise in insurance premiums. from BBC News - Business https://ift.tt/VnqB6Zb

Toyota warns 50,000 US vehicle owners to stop driving

The motor industry giant has warned that Takata air bag inflators could explode and kill people. from BBC News - Business https://ift.tt/3ZYpInm

US weapons sales abroad hit record high in 2023, boosted by Ukraine war

Sales negotiated by the US government spiked 56%, as Russia's invasion of Ukraine stoked demand. from BBC News - Business https://ift.tt/DY8rZQs

Phone and broadband users face 'unfair' price hikes says Which?

The consumer group says phone and broadband providers should abandon "grossly unfair" plans to raise prices this spring. from BBC News - Business https://ift.tt/5GlVUAw

China's Xi tightens stock market rules after sell-off

Nearly $6tn has been wiped off Chinese and Hong Kong stocks since their most recent peak three years ago. from BBC News - Business https://ift.tt/ajm5bK6

X blocks searches for Taylor Swift after explicit AI images of her go viral

Twitter says the move is to prioritise safety, after fake explicit images of the singer went viral. from BBC News - Technology https://ift.tt/uaqmZOh

Disposable vapes to be banned for children's health, government says

Rishi Sunak announces the plan saying "we must act" to tackle a rise in vaping among children. from BBC News - Business https://ift.tt/X71SAC6

Cuddly toy sellers chase an unlikely audience: 'Kidults'

Toy and games sales fell last year as family finances were stretched but one group is bucking the trend. from BBC News - Business https://ift.tt/A8j9gWV

Post Office chairman Henry Staunton steps down

The government says the decision was made with mutual consent - but the Post Office says he was asked to go. from BBC News - Business https://ift.tt/1V5Xozu

Train strikes: When and where are the next walkouts?

Members of the Aslef train drivers' union are taking more action in its long-running dispute over pay. from BBC News - Business https://ift.tt/vCWS5d4

Former Fujitsu UK CEO quits government role

Michael Keegan, who is married to Education Secretary Gillian Keegan, resigns from the Cabinet Office. from BBC News - Business https://ift.tt/KSp3lkO

UK-Canada trade rift: What it means for cheese, beef and cars

A pause in talks could mean tougher trading terms for the UK - but what will the impact be on consumers? from BBC News - Business https://ift.tt/l0vJFQE

Alaska Airlines warns of £118m Boeing blowout cost

The troubles at Boeing are spilling over to the rest of the industry. from BBC News - Business https://ift.tt/LodisJS

Apple to allow rival app stores on iPhones in EU

iPhone users in the EU will soon be able to download apps from places other than the App Store. from BBC News - Technology https://ift.tt/WE2rMlX

Apple to allow rival app stores on iPhones in EU

iPhone users in the EU will soon be able to download apps from places other than the App Store. from BBC News - Business https://ift.tt/WE2rMlX

Tesla warns of "notably lower" sales growth in 2024

It is the latest car company to forecast sagging demand for electric cars. from BBC News - Business https://ift.tt/Duy1kWS

HS2: Mayors to meet minister about alternatives

West Midlands mayor Andy Street said the plan could involve a dedicated line between the cities. from BBC News - Business https://ift.tt/DCVYF9B

Twitch announces new deal to pay streamers more

The streaming service, primarily used by gamers, will now give more money to its most popular users. from BBC News - Technology https://ift.tt/AMRu07O

Boeing boss faces Washington grilling after blow-out

A whistleblower calls Boeing manufacturing a "rambling, shambling, disaster waiting to happen". from BBC News - Business https://ift.tt/h7nA3D6

Netflix sign-ups surge by most since pandemic

The gains follow its password-sharing crackdown and the launch of a cheaper plan with adverts. from BBC News - Business https://ift.tt/iauTrY7

Morrisons scraps four-day working week for Bradford head office staff

Staff at the company's Bradford head office will work an extra half-day per week after the changes. from BBC News - Business https://ift.tt/kUVNWh6

Hinkley C nuclear plant costs could soar to £46bn

EDF says final costs could soar by about a third as it faces a delayed completion date. from BBC News - Business https://ift.tt/8Ie4Htc

Post Office: I was only doing my job, says investigator

Robert Daily told an inquiry into the Post Office scandal that he did not accept personal responsibility. from BBC News - Business https://ift.tt/rMkEC3I

Bailiff referrals rise by 20% over council debts

A BBC investigation finds Birmingham council tops the list with a 500% increase between 2022 and 2023. from BBC News - Business https://ift.tt/n1TwE6D

MrBeast reveals he made $250,000 from X video

The world's most popular YouTuber had previously said he would not bother posting videos on the site. from BBC News - Technology https://ift.tt/TdfZgiV

MrBeast reveals he made $250,000 from X video

The world's most popular YouTuber had previously said he would not bother posting videos on the site. from BBC News - Business https://ift.tt/TdfZgiV

ExxonMobil sues investors to block climate petition

Follow This and Arjuna Capital have called on Exxon to accelerate reductions in greenhouse gas emissions. from BBC News - Business https://ift.tt/UmR4Z16

Start-ups frustrated by HMRC's 'slowness and lack of communication'

Delays and a lack of communication from the tax authority are holding back new businesses, a group says. from BBC News - Business https://ift.tt/SRBXZdW

I'm working but homeless and bottom of the housing list

A working father finds himself "sofa surfing" amid social housing shortages in Scotland's biggest city. from BBC News - Business https://ift.tt/KPFilbq

Tesco tech hitch leaves deliveries in 'shambles'

It is thought thousands of customers were left without their orders due to technical problems. from BBC News - Business https://ift.tt/I0bcVMr

Supermarket favourites victims of shrinkflation, consumer group Which? says

From tea bags to crisps, supermarket staples are getting smaller, consumer group Which? says. from BBC News - Business https://ift.tt/gRPTfXJ

Red Sea 'scary' for ships' crews, says captain

The captain of a vessel in the Red Sea shares his concerns about the Houthi attacks on shipping. from BBC News - Business https://ift.tt/C6DambT

Port Talbot steelworks: Tata workers left stranded, say campaigners

Tata says closing the blast furnaces will reduce "overall UK country emissions by about 1.5%". from BBC News - Business https://ift.tt/fkOI5mP

US stocks surge to record high as market rebounds

Investors have been cheered by hopes that the US central bank's campaign of raising interest rates is over. from BBC News - Business https://ift.tt/mHSrd9K

Sports Illustrated in further turmoil after AI scandal

The future of the storied sports journalism title is in doubt after its publisher has its licence revoked. from BBC News - Business https://ift.tt/MuczhgU

DPD error caused chatbot to swear at customer

The parcel delivery firm says the mistake was a result of a system update, which has been disabled. from BBC News - Technology https://ift.tt/fZgDEr8

Chancellor Jeremy Hunt hints at further tax cuts

The chancellor says that tax cuts would help the economy be more dynamic and grow faster. from BBC News - Business https://ift.tt/pRjhbQf

Energy standing charges review prompts huge response

Ofgem said 20,000 people had been in touch about the daily fees before consultation closes later on Friday. from BBC News - Business https://ift.tt/5wZgmRY

Tata Steel: Port Talbot blast furnaces to close with 3,000 expected job losses

Plans to cut jobs in a move to greener steelmaking a "crushing blow" for Port Talbot, unions say. from BBC News - Business https://ift.tt/YONgXvW

Post Office scandal: 91-year-old victim 'disgusted' with compensation delay

Ninety-one-year-old Betty Brown says she had to give up her business as she was caring for her ill husband. from BBC News - Business https://ift.tt/omyDWXj

How AI is helping to prevent three buses turning up at once

Bus firms are now using artificial intelligence to design their timetables. from BBC News - Technology https://ift.tt/OFL24Pr

Unseen images of code breaking computer that helped win WW2

Intelligence agency GCHQ say pictures of Colossus a reminder of the UK ingenuity that helped defeat Hitler. from BBC News - Business https://ift.tt/Fc80Lam

Octopus Energy: Bills will fall in April, says boss

The energy company says prices will fall due to lower international wholesale prices. from BBC News - Business https://ift.tt/x9f6kYC

Diddy and drinks giant Diageo settle dispute over tequila

A joint statement on Tuesday confirmed Diddy had withdrawn all of his allegations against Diageo. from BBC News - Business https://ift.tt/rGSkFyi

Ben & Jerry's board calls for Israel ceasefire

The ice cream maker says its statement was consistent with the brand's promotion of peace. from BBC News - Business https://ift.tt/WaTVcF9

Boeing seeks Ryanair support with checks after mid-air blowout

Ryanair boss Michael O'Leary told the BBC that it was asked to send engineers to oversee quality checks. from BBC News - Business https://www.bbc.co.uk/news/business-67994140?at_medium=RSS&at_campaign=KARANGA

Mortgage rate cuts continue despite economic fears

Lenders are reducing rates despite some concern that upheaval in the Red Sea could hit the UK economy. from BBC News - Business https://ift.tt/GyILf5O

Wage growth slows again as job market stalls

Pay growth in the three months to November eased to 6.6% on average, but is still higher than inflation. from BBC News - Business https://ift.tt/JGVi3Dv

UK's largest nightclub owner calls in administrators

Pryzm-owner Rekom is struggling because of higher energy prices and cost-of-living pressures on clubbers. from BBC News - Business https://ift.tt/yGm9WNi

First Prince of Persia game in 14 years voiced in Farsi

Fans say they welcome developers' attempt to represent better the culture of Persia and Iran. from BBC News - Technology https://ift.tt/qtdzT6N

AI to hit 40% of jobs and worsen inequality, IMF says

Policymakers should address the "troubling trend", says the organisation's managing director Kristalina Georgieva. from BBC News - Technology https://ift.tt/NiGoHEu

AI to hit 40% of jobs and worsen inequality, IMF says

Policymakers should address the "troubling trend", says the organisation's managing director Kristalina Georgieva. from BBC News - Business https://ift.tt/NiGoHEu

Six held over plot to disrupt London Stock Exchange

Police said the arrests were made in London, Liverpool and Brighton over a "disruptive and damaging stunt". from BBC News - Business https://ift.tt/6oBnYXI

What are cold weather payments and how much are they worth?

Cold weather payments are available to some people after seven days of below-zero temperatures. from BBC News - Business https://ift.tt/eLQifvM

Boeing's commitment to safety in the spotlight

After a door plug blew off one of its planes, questions are being asked about how seriously Boeing undertakes safety. from BBC News - Business https://ift.tt/LtYpzT0

Fujitsu Japan remains tight-lipped on the Post Office scandal

In Fujitsu's home market, hardly anyone had heard of the Horizon scandal until this week. from BBC News - Business https://ift.tt/x8mPjeH

CES 2024: AI pillows and toothbrushes - is it all getting a bit silly?

Companies are clamouring to present their products as AI-powered, but are their claims justified? from BBC News - Technology https://ift.tt/KZIM23b

Post Office may face £100m tax bill over victim payouts - experts

It may have underpaid more than £100m in tax while overpaying its senior executives, according to experts. from BBC News - Business https://ift.tt/Tn3tNm2

US Supreme Court will hear Starbucks labour fight

The case has implications for what kind of relief workers can hope for in labour disputes. from BBC News - Business https://ift.tt/FojPt2L

Why is the world investing so much in semiconductors?

Worries over shortages have prompted government efforts worldwide to boost computer chip production. from BBC News - Technology https://ift.tt/MpaWiHE

HelloFresh fined over millions of spam texts and emails

The food delivery firm sent 79 million emails and a million texts during a seven-month campaign. from BBC News - Business https://ift.tt/DezkA4L

Oil prices rise after Iran seizes oil tanker

The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices. from BBC News - Business https://ift.tt/5NdS6Y0

Amazon slashes jobs at Twitch, MGM and Prime Video

The tech giant says a new round of job losses is needed to make its business more sustainable. from BBC News - Business https://ift.tt/ZlR4Lru

Bitcoin: Crypto fans can now invest in exchange-traded funds - but what are they?

Long-awaited approval from US financial authorities means cryptocurrency fans have a new way to trade. from BBC News - Technology https://ift.tt/XihCcFU

Bitcoin: Crypto fans can now invest in exchange-traded funds - but what are they?

Long-awaited approval from US financial authorities means cryptocurrency fans have a new way to trade. from BBC News - Business https://ift.tt/XihCcFU

Software firm SAP to pay $220m over bribery charges

SAP is one of the world's largest software firms and was investigated over activity in seven countries. from BBC News - Business https://ift.tt/DEwsW2Z

Where will all the electric cars be charged?

Lampposts and mobile charging machines are being touted as the answer to charging electric cars. from BBC News - Business https://ift.tt/DhevAIl

Fujitsu will be held accountable over Post Office scandal, says government

The firm behind the Horizon software is facing growing calls over its role in the Post Office scandal. from BBC News - Business https://ift.tt/1fe7LmC

Boeing 737 Max 9: United Airlines finds loose bolts during inspections

The airline finds installation issues, including bolts in need of "tightening", during checks of Boeing planes. from BBC News - Business https://ift.tt/BtiTJLV

Alaskan Airlines flight 1282: Key questions behind door plug blowout

Many questions remain after a 737 Max Boeing plane suffered a mid-air blowout in the US. from BBC News - Business https://ift.tt/iRA3C9m

Barclays bank cut 5,000 jobs in cost-saving drive

The reduction is much higher than previously reported and a quarter of the cuts will take place in the UK. from BBC News - Business https://ift.tt/VrO4sE3

Tiger Woods and Nike end 27-year partnership

Woods, who was first sponsored by Nike in 1996, thanked the company on social media on Tuesday. from BBC News - Business https://ift.tt/E9oJLsj

Boeing 737 Max 9: Jets to stay grounded as inspections continue

The US aviation regulator says 171 Boeing planes will remain grounded until it is satisfied they are safe. from BBC News - Business https://ift.tt/9qLWDCB

Post Office scandal: What the Horizon saga is all about

The background to the cases of sub-postmasters whose convictions were based on evidence from faulty IT. from BBC News - Business https://ift.tt/RwKUxt1

Boeing's mid-flight blowout a big problem for company

The Alaska Airlines incident could have been much worse, but is still a major issue for the US plane-maker. from BBC News - Business https://ift.tt/2HZV7E9

Sunak considers measures to clear all Post Office victims

The justice secretary is looking into steps to help hundreds of wrongly convicted sub-postmasters. from BBC News - Business https://ift.tt/oBihFS2

Flights cancelled as regulator grounds Boeing 737 Max 9s over blowout

The US aviation regulator grounds 737 Max 9s to conduct urgent checks after the incident in Oregon. from BBC News - Business https://ift.tt/80xXaRJ

FAA grounds 171 Boeing planes after mid-air blowout on Alaska Airlines jet

It comes after part of the fuselage of an Alaska Airlines Boeing 737 Max 9 fell off, forcing an emergency landing. from BBC News - Business https://ift.tt/DgESqw6

Alaska Airlines plane lands in Portland after losing window

An investigation is under way into what caused the incident on the plane carrying 177 people in Oregon. from BBC News - Business https://ift.tt/pYe1W2d

Japan earthquake: The tiny firm that alerts millions about disasters

Influenced by a post apocalyptic show, NERV - with just 13 employees - is relied on by millions. from BBC News - Business https://ift.tt/wTnICXQ

Post Office scandal: Met Police investigate 'potential fraud offences'

It comes as 50 new potential victims of the scandal have contacted lawyers after the airing of a related TV drama. from BBC News - Business https://ift.tt/Ak7jPzC

Spice Girls to feature on commemorative set of stamps for 30th anniversary

It is the first time Royal Mail has dedicated an entire stamp issue to a female pop group. from BBC News - Business https://ift.tt/jzaon6w

Trump companies got millions from foreign governments, Democrats say

Saudi Arabia, China, others spent big at his properties during presidency, says House Democrat report. from BBC News - Technology https://ift.tt/OzvLGsJ

McDonald's hit by Israel-Gaza 'misinformation'

It is a striking acknowledgment of the impact from the conflict on the burger giant. from BBC News - Business https://ift.tt/jaWS3MY

Tube and train strikes: When are the January walkouts on the London Underground?

There will be "little to no Tube service" on the London Underground, Transport for London warns. from BBC News - Business https://ift.tt/dNUk4cG

SpaceX accused of unlawfully firing staff critical of Elon Musk

A US labour agency says the employees sent an open letter to SpaceX executives, detailing workplace concerns. from BBC News - Business https://ift.tt/bZEazVL

A restless Gen Z is reshaping the Chinese Dream

Millions of young Chinese face an uncertain future in the world's second-largest economy. from BBC News - Business https://ift.tt/xZeGOIf

Gautam Adani: India court declines new inquiry against billionaire

A US research firm has accused Gautam Adani's company of financial fraud, which it denies. from BBC News - Business https://ift.tt/4DpgYKP

The longest ever NHS strike: What you need to know as junior doctors walk out

Junior doctors will begin a six-day walkout in England, causing severe disruption to services. from BBC News - Business https://ift.tt/NufKdUY

Red Sea attacks could push up prices, UK firms warn

Business leaders say attacks on shipping vessels could cause delays and price rises for UK shoppers. from BBC News - Business https://ift.tt/wcrJMY4

Police investigate virtual sex assault on girl's avatar

The incident in a virtual world reportedly left the under-16-year-old traumatised. from BBC News - Technology https://ift.tt/cbUsqDL

China’s BYD closer to taking Tesla's electric car top spot

Elon Musk's Tesla is due to release quarterly production and delivery figures on Tuesday. from BBC News - Technology https://ift.tt/I3XcVEg

China’s BYD closer to taking Tesla's electric car top spot

Elon Musk's Tesla is due to release quarterly production and delivery figures on Tuesday. from BBC News - Business https://ift.tt/I3XcVEg

Cambridge University trademarks spark rows with firms

Firms are spending thousands registering trademarks after University of Cambridge opposition. from BBC News - Business https://ift.tt/Aym3HPI

Period pants could get cheaper after VAT is removed

Shoppers will no longer pay VAT on period pants following a campaign by charities and retailers. from BBC News - Business https://ift.tt/VG7AdFq

Red Sea: UK defence secretary says British forces will repel Houthi attacks

The defence secretary says British forces are "willing to take direct action" to protect the key shipping lane. from BBC News - Business https://ift.tt/M61cdJs

Disney's earliest Mickey and Minnie Mouse enter public domain as US copyright expires

Disney's copyright on the earliest version of the cartoon characters expires in the US on 1 January. from BBC News - Business https://ift.tt/fvgrMKD