Beware of the big promises of AI – we’ve been here before November 18, 2024 AI hype is everywhere, but we've been here before. Ian Whittaker prescribes a healthy dose of scepticism in today's Notebook.
HSBC asks managers to reapply for jobs in global cost-cutting drive November 18, 2024 HSBC is forcing managers in its newly formed corporate and institutional banking arm to reapply for their jobs as part of a sweeping cost-cutting drive, according to reports. Hundreds of managers have been asked to interview for their roles as the lender merges its corporate and investment banking businesses in a seeping restructuring plan, unveiled [...]
Huel: Record sales as profit triples at brand backed by celebrities November 18, 2024 Huel, which counts the likes of Idris Elba, Steven Bartlett and Jonathan Ross among its investors, has reported record sales as a profit almost tripled during its latest financial year. The Hertfordshire-headquartered company, which is known for its vitamin-enriched food items, has reported a revenue of £214m for the 12 months to 31 July, 2024, up from the £184.5m [...]
Non-doms: South Africa’s richest woman is fighting to stay in the UK November 18, 2024 When it comes to leaving countries in a hurry, Magda Wierzycka has plenty of experience. At just 12 years old, the South African entrepreneur and her parents fled their native Poland under the the cover of night, becoming refugees after its communist government declared martial law. Ending up in South Africa – via an Austrian [...]
Will an algorithm generate the next big Christmas ad? November 18, 2024 Christmas is coming and algorithms are at work, pushing the boundaries of creativity to ensure the tills keep ringing. But can AI tools ever really craft an ad that resonates on a deep, human level? Asks Paul Armstrong The Christmas ads have arrived, including a fake – and viral – John Lewis one, flooding our [...]
Fortress Twickenham breached: England in a dark, dark place November 18, 2024 England’s 29-20 loss to South Africa was their fifth defeat on the bounce. Fortress Twickenham has been breached and Eddie Jones is up next for Steve Borthwick. If deep-pocketed disruptors really were to tempt more than 100 players away from their clubs to form a LIV Golf-style rugby competition as mooted last week, they’d be [...]
Let’s celebrate great British start-ups November 18, 2024 Global Entrepreneurship Week is a chance to sing the praises of our start-ups and strengthen the foundations for them to succeed, says Timothy Barnes Today is the start of Global Entrepreneurship Week, the world’s largest festival for entrepreneurs and startup supporters. In nearly 200 countries around the world, some 40,000 events are expected to welcome [...]
Nvidia earnings set to guide US stock market as Trump boost fades November 17, 2024 Nvidia’s earnings will take centre stage for the US stock market this week, while FTSE 100 firms Imperial Brands, Severn Trent and Halma report across the pond. The chipmaking behemoth has seen its share price gain nearly 800 per cent over the last two years as booming demand for AI has driven it to become [...]
‘Nutrition labels’ needed to build trust online November 17, 2024 The average person in the UK spends over three hours and 40 minutes online each day, with much of that time being spent consciously or passively consuming vast amounts of content. This content, whether it’s personal photos from our friends and family, viral videos or news articles, is shared with us in a variety of [...]
Robinhood boss says UK’s stance on crypto trading is ‘backwards’ November 17, 2024 The billionaire chief executive of investment platform Robinhood has said UK policymakers' stance on cryptocurrency trading is "backwards" compared to regulated forms of gambling.