Firstgroup set for bumper results but Labour’s rail nationalisation policy a ‘threat’ to share price November 19, 2023 Transport giant Firstgroup is expecting bumper profits in its half year results this Thursday amid strong passenger volumes on bus and rail.
ChatGPT-maker Open AI pushes out co-founder and CEO Sam Altman November 18, 2023 The board of ChatGPT-maker Open AI said it has pushed out its co-founder and chief executive Sam Altman after a review found he was “not consistently candid in his communications” with the board. “The board no longer has confidence in his ability to continue leading OpenAI,” the company said in a statement. Mira Murati, OpenAI’s [...]
Sam Altman dumped by ChatGPT creator OpenAI November 18, 2023 OpenAI has dramatically sacked its CEO Sam Altman amid accusations of not being truthful with board members.
Stability AI exec leaves amid concerns over ‘fair use’ disagreement with $101m startup November 17, 2023 A top exec at a British AI startup has resigned because he is opposed to the company's method of using copyrighted work to train its model.
Airbnb, Booking.com and Expedia sign post-Brexit deal to share guest data with ONS November 17, 2023 The data from Airbnb could provide reliable evidence to help policymakers arrive at informed decisions on short-term accommodation.
The Notebook: Neil Bennett on why Cameron’s comeback is a welcome return of statesmanship November 15, 2023 Neil Bennett, global Co-CEO H/Advisors, on the welcome return of statesmanship into the Cabinet, City jobs cuts and a West End recommendation.
Home working ‘slowing down’ all UK infrastructure projects, watchdog warns November 14, 2023 Working from home is "slowing down all infrastructure projects" in the UK, a key industry figure warned today.
Sunak hails ‘united team’ as new cabinet meets for first time November 14, 2023 Prime Minister Rishi Sunak has hailed his “strong and united team” as his new-look cabinet featuring Lord David Cameron met for the first time this morning after a dramatic reshuffle.
Revolution Beauty: Shake-up of top team gives stability with revenue up 20 per cent November 14, 2023 Troubled make-up brand Revolution Beauty has posted a 20 per cent rise in revenue, as a shake-up of its top team appears to have provided some stability for the brand after a volatile few months. In the six months to August, the cosmetics maker said that adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) [...]
Even as Signa struggles, Selfridges is still the beacon of Oxford Street retail November 14, 2023 We shouldn't write off the department store, it's what the 'experience economy' was built on, writes Anna Moloney.