TikTok tries to avoid US ban by offering lawmakers assurances over data sharing and security concerns January 16, 2023 TikTok has proposed allowing US officials access its algorithms in an attempt to avoid a statewide ban. In the last few months, American lawmakers have attempted to ban the video based social media platform, after FBI Director Christopher Wray said that TikTok poses national security risks in November. In the last week, over 20 US [...]
High time: Shares in AIM-listed medical cannabis firm Celadon get 10 per cent boost from regulatory go ahead January 16, 2023 Shares in an an AIM-listed firm Celadon have spiked after production of its high-THC product was approved by the regulator. Celadon, which focuses on the research, cultivation, manufacturing and sale of cannabis-based medicines, said production of its UK-made drugs had been registered by UK authorities today. The UK Medicines and Healthcare Products Regulatory Agency (UK [...]
David Carrick: Sunak and Khan concerned about trust in Met after serial-offender Pc admits 49 offences, 24 rapes January 16, 2023 The Prime Minister and Sadiq Khan have renewed concerns about trust in the Metropolitan Police after it was revealed that a serving Metropolitan Police officer admitted 49 offences, including 24 counts of rape. Rishi Sunak and the London Mayor’s comments come after the Met was forced to apologised to victims for Pc David Carrick, who [...]
Marks and Spencer shells out £480m as it revamps UK stores in bid to become leading ‘omnichannel’ retailer January 16, 2023 Marks and Spencer (M&S) is to plough nearly £0.5bn into an accelerated UK-wide investment drive which will result in 20 new larger and improved stores across the UK in the next financial year. The retailer also aims to create over 3,400 new jobs whilst providing shoppers with a “seamless” customer experience. M&S said it was [...]
Bitcoin enjoys 12 consecutive days of positive growth for only second time in crypto history January 16, 2023 The price of Bitcoin this morning sits at $20,815, marking a 20.65% increase in the last week.
London disruption warning after rail track left hanging in mid-air due to ‘huge landslip’ January 15, 2023 Major disruption is expected after a main railway line collapsed in a “huge” landslip which left one track hanging in mid-air. The 44-metre landslip happened on the embankment to the north east of Hook station in Hampshire, on the line from London to Basingstoke. The damage has left only two of the four-track railway passable, [...]
Credit Suisse preparing to cut 10 per cent of European investment bankers – report January 15, 2023 Credit Suisse is preparing to lay off more than 10 per cent of its European investment bankers after issuing redundancies to hundreds of staff last month. The Swiss bank is planning to make widespread layoffs, as it pushes forwards with plans to sack thousands of workers, the Financial Times reported. Credit Suisse declined to comment [...]
Why bear watching is better when you see no bears January 15, 2023 In some ways, going on a bear hunt is exactly how I’d imagined it would be. Approaching a clearing at the edge of a forest, I’m instructed to creep on tip- toes, avoiding the menacing crunch of leaves which could be loud enough to send a Marsican brown running for the hills. I can’t help [...]
The Electric Vehicle r(EV)olution January 15, 2023 | Sponsored As of 2022, electric vehicles account for more than one in six registrations in the UK. That’s more than the period between 2016 – 2020 combined. And EV’s are here to stay; by 2030, all new conventional petrol and diesel cars and vans are set to be banned from sale. What’s driving this change? In [...]
Hedera to host five days of events at Davos with POLITICO, will.i.am, Starling Labs and IBM January 14, 2023 Decentralised network Hedera has announced its agenda for Hedera Haus at Davos 2023, coinciding with this year’s World Economic Forum (WEF).