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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Alan Robertshaw claims Europa Oil & Gas is lodging an application to undertake “fracking” operations on the outskirts of Scarborough, North Yorkshire (Letters, 23 February). This is misleading. Europa intends to perform a proppant squeeze operation to appraise the potential of the Cloughton gas field to determine if gas can be extracted at commercial rates.…
Tufan Erginbilgiç didn’t quite catch the bottom for Rolls-Royce’s share price when he joined as chief executive at the start of 2023, but he came close. The reference price for his £7.5m-worth of “golden hello” shares – the cost of extracting him from the world of private equity – was 91p. The engine-maker’s share price…
Social media platforms may soon be able to tell if children under 16 are attempting to use their iPhone apps, as Apple brings in new technology that could play a role in enforcing Australia’s social media ban. Later this year, Apple plans to introduce a declared age range API (application programming interface) on iOS for…
One of the unacknowledged advantages of the horrendous era we’ve entered is that it is revealing for all to see the putrid connections between great wealth and great power. Oligarchs are fully exposed and they are defiant. It’s like hitting the “reveal codes” key on older computers that let you see everything. On Wednesday, Jeff…
