Thursday, November 30, 2023

Meta takes down China-based network of thousands of fake accounts

The company says accounts posted about divisive issues ahead of the 2024 presidential election.

Amazon, Google and other tech giants pledge action on fraud

Companies commit to working with the government to tackle online scams, fake adverts and romance fraud.

Cristiano Ronaldo faces $1bn lawsuit over Binance ads

US class action lawsuit seeks huge damages for his promotion of the world's largest crypto exchange.

Wednesday, November 29, 2023

Elon Musk says advertising boycott will kill X

In a profanity-laced outburst, the billionaire accuses firms of trying to blackmail him with ad dollars.

Elfbar: Top vape firm drops sweet flavours over appeal to kids

Leading vape brands Elfbar and Lost Mary call for tighter restrictions on vape sales ahead of government clampdown.

Gulf investors close in on Telegraph takeover

An Abu Dhabi-backed investment fund is poised to take control in coming days.

New parents could save £500 on baby formula, CMA says

Families could make significant savings on baby formula by shopping around, watchdog says.

Tuesday, November 28, 2023

Tributes pour in for investment guru Charlie Munger

Business chiefs pay tribute to finance guru who helped Warren Buffett build Berkshire Hathaway.

Saudi investment fund to buy 10% stake in Heathrow airport

Spanish infrastructure giant Ferrovial agreed to sell its 25% stake, held since 2006, for £2.4bn.

Renting: Rising cost and lack of choice forcing families to smaller homes

Older tenants are also struggling with essential bills as rents rise and the choice for tenants narrows.

Wilko rescue deal failed because of greed, claims HMV boss

Doug Putman says a bid to save Wilko was stymied as the former chair faces MPs over the collapse.

Monday, November 27, 2023

Vaping: Australia to ban disposable vape products from January

The move is part of a crackdown aimed at protecting children from becoming addicted to nicotine.

First transatlantic flight using 100% green fuels to take off

The plane will fly from London to New York using 100% alternative sustainable aviation fuel.

Sunday, November 26, 2023

Zhongzhi Enterprise Group: China investigates major shadow bank for 'crimes'

Zhongzhi Enterprise, one of China's biggest shadow banks, has lent billions to real estate firms.

Metro Bank shareholders to vote on rescue deal

A deal to raise extra funds was struck last month after speculation about Metro's financial position.

Tobacco firm calls for tougher rules on vapes

BAT wants sellers to be licensed, and sweet flavours banned

Sunak welcomes foreign firms' £29.5bn 'vote of confidence'

The prime minister says foreign investors' plans to invest £29.5bn is a "huge vote of confidence".

Labour hopes to cut net migration to around 200,000

The party says it wants migration to return to "normal levels", depending on the needs of the economy.

Only shop on Lismore saved after community buyout

Over 200 people backed the campaign to secure the Lismore's closure-threatened store for the future

Saturday, November 25, 2023

Interest rates: Why there is more pain still to come

Inflation may be easing but the impact of high interest rates is still to kick in for many people.

Thursday, November 23, 2023

Could airports make hydrogen work as a fuel?

Hydrogen is being touted as a fuel for aircrafts, but handling it at airports will be challenging.

The electronic noses designed to prevent food poisoning

Tech firms have developed AI-powered sensors that can detect bacteria in food.

Cruise giant Carnival UK accused of plan to fire and rehire 900 crew

Union says plan by Carnival UK, owner of P&O Cruises and Cunard, amounts to a wage cut for staff.

Nvidia sued after video call mistake showed 'stolen' data

Car firm Valeo alleges the theft of its data was inadvertently revealed during a Microsoft Teams call.

Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises

Chancellor Jeremy Hunt says tax cuts will boost growth - but official forecasts paint a gloomy picture.

Wednesday, November 22, 2023

The hidden tax rise in the Autumn Statement

Tax cuts were the theme of Jeremy Hunt's Autumn Statement, but one major rise was hidden.

Tuesday, November 21, 2023

Richard Teng: Who is the new boss of Binance?

Richard Teng rapidly climbed the ranks after joining the world's largest crypto-exchange two years ago.

Sam Altman in talks to rejoin OpenAI board, say reports

Reports say negotiations aimed at his possible reinstatement are ongoing, as pressure from staff grows.

NI and business tax cuts expected in Autumn Statement

National Insurance cuts are set to be among plans Jeremy Hunt hopes will boost the economy.

Binance chief Changpeng Zhao pleads guilty to money laundering

Changpeng Zhao will also step down as chief executive of the world's largest crypto-exchange.

Monday, November 20, 2023

Elon Musk's X sues Media Matters over antisemitism analysis

The lawsuit says Media Matters "manipulated" data in an attempt to "destroy" the social media site.

How OpenAI created the perfect conditions for chaos

The company's idiosyncratic structure may be behind the sweeping changes seen in recent days.

What's going on in the battle for the Telegraph?

When trying to understand a complex business situation, focusing on motivation can simplify things.

Abu Dhabi-backed fund poised to take over Telegraph

The fund, run by former CNN boss Jeff Zucker, says it has the money it needs to rescue the newspaper.

OpenAI to name new boss after firing co-founder

The tech firm will reportedly appoint Emmett Shear after the chaotic ousting of former chief Sam Altman.

Sunday, November 19, 2023

Optus: Telecom boss Kelly Bayer Rosmarin resigns after nationwide outage

Kelly Bayer Rosmarin has been under pressure to quit after overseeing a tumultuous period for the firm.

‘I was addicted to social media - now I'm suing Big Tech’

The lawsuit says four of the largest social media firms knowingly expose children to harmful products.

Former OpenAI boss Sam Altman pictured at firm's HQ amid reports of return

Sam Altman posts a selfie from the firm's US head office 48 hours after his shock ouster from the company.

Heathrow passengers facing delays after staff shortages and strong winds

Some travellers are waiting for hours after Air Traffic Control restricts take-offs and landings.

Hunt does not rule out tax cuts in Autumn Statement

The chancellor tells Laura Kuenssberg economic growth is his priority ahead of Wednesday's statement.

X ad boycott gathers pace amid antisemitism storm

US firms, including Apple and Disney, are reportedly suspending ads on the Elon Musk-owned site.

Friday, November 17, 2023

AI boss Sam Altman ousted by OpenAI board

OpenAI said it 'no longer had confidence' in his ability to lead the artificial intelligence firm.

White House criticises Elon Musk over 'hideous' antisemitic lie

Controversies over antisemitism have engulfed the billionaire and his social network, X.

Thursday, November 16, 2023

Shop owners hope that tech can deter thieves

Retailers are investing in high-tech and low-tech measures to tackle an increase in theft.

IBM suspends ads on X after they appeared next to Nazi posts

The decision came a day after owner Elon Musk endorsed an apparent antisemitic conspiracy theory.

What the Chancellor really means when he says tax cuts are 'impossible'

How to make sense of what politicians mean when they say there is no scope for tax cuts.

Wednesday, November 15, 2023

PepsiCo sued by New York state for plastic pollution

The lawsuit against the world's second biggest food company is the latest in greenwashing cases against big firms.

Energy standing charges review after anger at rises

Standing charges are the cost of having a home connected to gas and electricity but rises have caused public anger.

Starbucks faces walkout at hundreds of US stores

The action comes amid a bitter labour fight between at the coffee giant.

UK inflation falls sharply to 4.6%

Prices are rising at their slowest rate in two years, official figures show.

Tuesday, November 14, 2023

Xi Jinping arrives in the US as his Chinese Dream sputters

Economic woes put the Chinese leader in a more vulnerable negotiating position on this visit.

Weak currencies force up cost of living in Sub-Saharan Africa

As the price of basics soars, African governments are intervening to support local currencies.

Could triple glazing become a UK standard?

Triple glazed windows are becoming more common in the UK and some say they could become standard.

Monday, November 13, 2023

'Tourists are rethinking their relationship with Earth'

An increasing number of holidaymakers are picking more environmentally-friendly trips.

Nepal to ban TikTok citing disruption to social harmony

TikTok is under scrutiny over concerns that data could be passed to the Chinese government.

Cost-of-living payments: What are they, who gets them and are they fair?

Millions of low-income households are receiving the latest cost-of-living payment between by 19 November.

Sunday, November 12, 2023

DP World: Australia ports remain closed after cyber-attack

Operations at DP World sites in Melbourne, Sydney, Brisbane and Perth have been suspended since Friday.

Welfare cuts worth billions planned by ministers

The changes, affecting hundreds of thousands of people from 2025, would save £4bn in welfare payments.

Peter Nygard: Fashion mogul guilty of sex assaults

The 82-year-old is still facing a trial in Montreal and extradition to the US.

Saturday, November 11, 2023

Whitney Wolfe Herd: How the Bumble boss changed the dating scene

Whitney Wolfe Herd is stepping down as chief executive at the end of the year after nearly a decade.

Friday, November 10, 2023

Ryanair: How a budget airline took off on TikTok

Through comedy TikToks about its extra fees, Ryanair has attracted millions of likes and followers.

UK economy stagnates between July and September

Official figures show the economy failed to grow but it was better than downbeat expectations.

Thursday, November 9, 2023

Lancashire supermarket chain Booths ditches self-service tills

Booths says removing its self-service checkouts is the right thing to do and what customers want.

Thai transgender owner of Miss Universe files for bankruptcy

Thailand's JKN Global Group bought the firm which runs the Miss Universe pageant a year ago for $20m (£16.4m).

Banks accused of dragging their feet over fraud refunds, says MP

The accusation comes as new figures name individual banks and show how much money they refund to victims.

Wednesday, November 8, 2023

Can AI cut humans out of contract negotiations?

Tech firms are testing artificial intelligence that can negotiate contracts without the need for humans.

Airbnb boss 'listening' to cities' housing concerns

Brian Chesky denies the platform creates housing shortages but said Airbnb was listening to concerns.

Disney boss declares new "era" after job cuts

The entertainment giant has been under pressure as its traditional movie and film businesses decline.

Tuesday, November 7, 2023

What are the new rules for fitting energy pre-payment meters?

Energy regulator Ofgem say companies can fit pre-payment meters in customer's homes under new rules.

How WeWork’s founder flew too close to the sun

The story of Adam Neumann and the rise and fall of WeWork reads more like a parable than a business story.

Delay to law on e-scooters criticised

No mention of legislation on e-scooters in the King's Speech but trials will be extended to 2026.

Monday, November 6, 2023

Italy to seize $835m from Airbnb in tax evasion inquiry

Prosecutors say the firm failed to collect a 21% tax from landlords on rental income.

Post Office to send and receive Evri and DPD parcels

The service is expected to start in selected stores ahead of the peak Christmas delivery season.

The floating desalination machines powered by the waves

Desalination usually requires a lot of heat and power, but a new system just needs wave energy.

Plan for 40% of train services to run during strikes

Ministers hope minimum service levels for trains, ambulances and border security will start by Christmas.

Sunday, November 5, 2023

Tyson Foods recalls US nuggets after metal pieces found

Tyson Foods has taken dinosaur-shaped chicken nuggets off the shelves in nine US states.

Football Manager 2024: How the franchise made millions

As the studio celebrates its 20th edition, the people that make it tell the BBC how it has changed.

Annual oil and gas licences planned with net zero commitment required

Projects will have to meet net zero targets, under the proposals to be outlined in the King's Speech.

Musk says his new AI chatbot has 'a little humour'

The AI tool, designed to have a cheeky tone to its writing, is not yet widely available.

One in 10 mothers with under-fours quit work over childcare, says charity

A quarter of a million mothers with children under four have left their jobs, the Fawcett Society says.

Saturday, November 4, 2023

Wilko workers on life after the retailer's collapse

More than 12,000 staff were made redundant when Wilko closed - for some, finding a job has been tough.

Friday, November 3, 2023

How does your pay compare with other jobs?

Use our interactive lookup tool to find out how pay has changed in your job.

China and Australia: Frenemies who need each other

Australia's Anthony Albanese is in Beijing this weekend for the first such trip in seven years.

Thursday, November 2, 2023

'Crypto King' Sam Bankman-Fried guilty of FTX fraud

The verdict concludes a stunning fall from grace for the 31-year-old former billionaire.

Apple sales dip again despite iPhone boost

Apple says that sales have dropped for the fourth quarter in a row despite a boost from iPhones.

Killer robots and work-free lives - Sunak quizzes Musk on AI future

The prime minister and the tech billionaire sat down together to talk tech, education - and killer robots.

AI summit: Education will blunt AI risk to jobs, says Rishi Sunak

The prime minster says the technology can help rather than replace workers, as the UK's AI summit ends.

Wednesday, November 1, 2023

WeWork to start closing some offices around the world

The BBC understands the firm is to start closing some of its buildings, including one in central London.

Disney to buy remaining 33% stake in streaming service Hulu

In a widely expected move, Disney says it will buy the remaining 33% stake from TV giant Comcast.

Rishi Sunak: AI firms cannot 'mark their own homework'

Governments must act to protect citizens from potential AI risks, prime minister tells the BBC.