Microsoft has relinquished its observer seat on the board of OpenAI, while Apple will not be taking up a similar role, amid increasing global regulatory scrutiny of Big Tech’s investments in AI startups. Microsoft, which has invested $13 billion in OpenAI, the creator of the ChatGPT chatbot, announced in a letter to OpenAI that its […] More
The long-established Pontins has been rated the worst UK holiday park brand in a survey by the consumer organization Which?, with smaller and independent resorts taking the top honors. Potters Resorts, which has locations in the Essex countryside and on the Norfolk coast, topped the table. Which? surveyed over 1,700 people about their experiences at […] More
A new initiative aimed at promoting safe internet use among youngsters has launched in north Wales. As the school summer holidays approach, the ‘Get Safe Online’ initiative has introduced a ‘Safer Kids’ campaign, encouraging children in the region to navigate the internet safely, securely, and confidently. Whether for schoolwork, gaming, or socializing with friends, children […] More
The “Global In-flight Internet Market by Technology (Air-2-Ground, Satellite, Hybrid), End User (Commercial Aviation and Business Aviation), Service Model (Free, Paid, Freemium), Connectivity Speed and Region – Forecast to 2029” report is now available on ResearchAndMarkets.com. According to the report, the In-flight Internet market is projected to reach USD 2.1 billion by 2029, up from […] More
Soft drinks maker Britvic has agreed to a sweetened takeover bid of £3.28 billion ($4.2 billion) from Carlsberg, the companies announced Monday. The deal offers 1,290 pence per share for Britvic, with a small dividend bringing the total to 1,315 pence per share for shareholders. In June, Britvic had rejected a previous cash offer from […] More
Shari Redstone has agreed to sell Paramount, the iconic Hollywood studio, to independent film company Skydance, effectively ending her family’s involvement with the company founded by her grandfather in 1936. This $28 billion merger concludes an intense eight-month process during which Redstone explored various potential buyers, including private equity firm Apollo and Sony. The announcement […] More
Sir Keir Starmer convened his cabinet for the first time on Saturday morning, following his decisive electoral victory centered on rebuilding public trust in politics and leading a service-oriented government. The new Prime Minister has appointed several prominent experts to key ministerial positions, demonstrating his commitment to embedding deep policy expertise at the core of […] More
Amazon has become synonymous with American consumerism. Need groceries? Get them delivered with Amazon Prime. Buying a present for your mother-in-law? Amazon Prime. Want to watch Meghan Markle in ‘Suits’ before she became the Duchess of Sussex? Try Prime Video. You get the idea. Founded by Jeff Bezos in his garage in Washington state on […] More
It’s been a notable year for the crypto market, and we’re only halfway through 2024. Bitcoin’s price surged over 46% in the first six months, significantly outpacing the S&P 500’s 15% rise. A major highlight was the U.S. Securities and Exchange Commission’s approval of spot Bitcoin exchange-traded funds, a first, which greatly increased institutional investment […] More
British domestic-focused mid-cap stocks were the biggest gainers on Friday after the centre-left Labour Party achieved a decisive win in the parliamentary election. This resulted in gains for blue chip stocks, government bond prices, and the pound. Hopes for economic stability under the new government, following 14 years of Conservative Party rule, boosted the FTSE […] More