Almost half of councils in England risk falling into bankruptcy without action to address a £4.6bn deficit amassed under a Conservative-era policy, the government’s spending watchdog has warned. In a damning report, the National Audit Office said that rising pressure on public services and repeated delays to reform the funding of local government meant town…
The artificial intelligence company behind ChatGPT has launched its video generation tool in the UK amid a deepening row between the tech sector and creative industries over copyright. Beeban Kidron, the film director and cross-bench peer, said the introduction of OpenAI’s Sora in the UK added “another layer of urgency to the copyright debate”, in…
This week, Donald Trump continued to dominate the world stage, welcoming a procession of global leaders to Washington, including Keir Starmer. But while the ‘special relationship’ is front and centre in the UK, attention in the US is very much elsewhere. As the president goes full steam ahead with his domestic agenda, there are warning…
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Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024. Bridget Bennett | Bloomberg | Getty Images Dell reported fourth-quarter sales that fell short of analysts’ estimates but earnings topped Wall Street expectations. Here’s how the hardware company…
Jonathan McKernan, U.S. President Donald Trump’s nominee to be the director of the Consumer Financial Protection Bureau, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025. Annabelle Gordon | Reuters President Donald Trump’s pick to lead the…
Manchester City have been accused of an Enron-style financial deception by La Liga’s president, Javier Tebas. Tebas said the Spanish league filed a complaint against City to the European Commission in the summer of 2023, which he says the Commission is investigating. City have not commented on Tebas’s allegations but club sources are aware of…
Amazon Web Services (AWS) on Thursday announced Ocelot, its first-generation quantum computing chip, as it enters the race against fellow tech giants in harnessing the experimental technology. Developed by the AWS Center for Quantum Computing at the California Institute of Technology, the new chip can reduce the costs of implementing quantum error correction by up…
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