Elon Musk says 2025 will be a ‘pivotal year for Tesla’ despite sales slowdown January 30, 2025 On Wednesday, electric vehicle (EV) giant Tesla reported a significant decline in profit for 2024, with its net income dropping over 70 per cent to $2.3bn (£1.83bn). The firm reported a profit of $2.3bn (£1.84bn) in the last three months of the year. Profit at Elon Musk’s group dropped despite an increase in sales, which [...]
Barclays the latest to harden line on office attendance rules January 30, 2025 Barclays has become the latest blue chip firm to tighten its office attendance policy, asking staff to attend the office a minimum of three days a week. The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week, which cut the minimum number of days staff can [...]
Elon Musk is wrong – we must never ‘move beyond’ the Holocaust January 27, 2025 Elon Musk addressed an AfD rally on the eve of Holocaust Memorial Day and said there was too much focus on Germany’s past. The rise of populism combined with the consolidation of the power of big tech should worry us all, says Jack Mendel This year’s Holocaust Memorial Day falls in the immediate aftermath of [...]
President Trump says he’s open to X owner Elon Musk buying Tiktok January 22, 2025 President Donald Trump said he was open to the idea of X-owner Elon Musk buying TikTok as well, as the app navigates attempts to ban it in the US. The social media platform with links to the Chinese government, which boasts over 170m American users, briefly went dark on Sunday after the Supreme Court upheld [...]
Tesla’s brand value plummeted in 2024 as Musk splits opinion January 22, 2025 Tesla‘s brand value plummeted in 2024, paving the way for Toyota to claim the top spot as the global auto market’s most valuable brand. According to research from the consulting firm Brand Finance, the US EV maker’s brand value dropped 26 per cent last year to $43bn (£35bn), the second straight year it has fallen. [...]
‘America first’: Donald Trump sworn in as 47th President January 20, 2025 Donald Trump has been sworn into office as the 47th president of the United States, with a claim that “America’s decline is over.” The Republican politician took the oath of office in the rotunda of the US Capitol building in Washington D.C. on Monday after below freezing temperatures saw the ceremony moved indoors. President Trump [...]
X and Meta: Who’s benefiting from Tiktok’s brief hiatus? January 20, 2025 As Tiktok temporarily went down on Sunday afternoon, rival social media platforms such as X and Meta scrambled to fill the void left by the app’s absence. Several competitors moved quickly to capitalise on its downfall, hoping to attract its 170m US user base by picking up its various features. Before the ban took effect [...]
Can Elon Musk really sway UK politics? January 20, 2025 Elon Musk has been loud and proud about his intentions to influence UK politics. But will it actually work, asks Bill Sedat Frater.
The UK is at risk of missing out on the crypto revolution January 19, 2025 Crypto is not a curiosity or a fad, it’s set to transform financial services – and as with any true innovation we must be prepared to experiment and sometimes fail, says Lord Ranger The soaring office towers of Canary Wharf stand as testimony to Britain’s golden era of smart regulation and financial ingenuity, cementing London’s [...]
Elon Musk wants to ban WFH for millions in the US government January 17, 2025 Elon Musk may terminate remote work for millions of federal employees, as he steps into his new role as head of the Department of Government Efficiency (D.O.G.E). The tech titan and outspoken Trump supporter outlined plans to announce a mandatory return to office policy to reduce the size of the US government workforce and cut [...]