Maersk: Shipping giant cutting at least 10,000 jobs as demand plummets – but won’t say UK impact November 3, 2023 The firm – the world’s second biggest shipping container business – declined to give details on the impact of the jobs losses on its UK operations.
Five most jaw-dropping moments of the Bankman-Fried trial November 3, 2023 One year on from his arrest, a New York jury has found Sam Bankman-Fried guilty on all seven counts he was charged with.
Sunak: People should ‘be comfortable with failure’ and take risks to start firms November 3, 2023 The Prime Minister said he wanted to “transpose” the entrepreneurial culture of “places like Silicon Valley” to the UK during a talk with tech billionaire Elon Musk.
Apple shares slide after forecasting iPads are no longer a Christmas must have November 3, 2023 Apple’s latest earnings report revealed a sales forecast for the upcoming Christmas quarter that fell short of Wall Street’s expectations, primarily due to sluggish demand for iPads and wearables, causing its shares to drop over 3% in after-hours trading. While the tech giant managed to exceed analysts’ expectations for its fourth-quarter earnings in terms of [...]
US economy: Investors encouraged as drop in Treasury yields helps curb inflation November 3, 2023 The Dow Jones Industrial Average jumped 564 points, or 1.7 per cent, and the Nasdaq composite climbed 1.8 per cent.
FTX founder Sam Bankman-Fried facing decades in jail as he’s convicted of defrauding crypto customers November 3, 2023 Bankman-Fried, 31, could face decades in prison after prosecutors said he cheated thousands of customers of billions of dollars before the collapse of his companies in November, 2022.
Adtech firm Tremor mulls ditching London listing to head for New York November 2, 2023 Advertising Technology company Tremor International is considering ditching its London listing, according to a report.
Bankman-Fried trial closing statements: ‘Foundation of lies and false promises’ November 2, 2023 After 15 days of testimony for one of the most high profile financial crime cases, the closing arguments of Sam Bankman-Fried trial have been given.
Mark Kleinman: Why Starling needs Engine to fuel IPO dream November 2, 2023 Mark Kleinman is City editor at Sky News Starling needs Engine to fuel IPO dream Companies offer myriad reasons for the departures of chief executives. Few are as downright peculiar as the one given by Starling Bank when it announced in May that founder Anne Boden was stepping down. “Now that we have grown from [...]
Elon Musk says AI one of the ‘biggest threats’ to humanity November 1, 2023 Elon Musk has said he believes AI is “one of the biggest threats” to humanity, and that the UK’s AI Safety Summit was “timely” given the scale of the threat.
