Billionaire Ratcliffe’s big sports bet misfires
Magnus Carlsen, the five-time World Chess Champion and arguably the greatest player in history, has brought his peers and ...
MI5 investigates use of Chinese green technology in UK
MI5 is helping establish the extent to which the use of Chinese technology such as solar panels or industrial batteries could pose potential future security threats, according to people close to the ...
The 5 hectic weeks that will define Thames Water’s future
Thames Water only has enough cash to survive little more than five weeks. The UK’s biggest water provider, which serves 16mn customers in and around London, does not have enough money to repay a ...
UK ministers explore further scaling back audit reform legislation
UK ministers are exploring further scaling back legislation aimed at reforming the audit market as they seek to ease regulation on businesses in a push to boost economic growth.
JPMorgan snubs regulators over disclosure of private equity loans
Even excluding JPMorgan from the FDIC data, the new disclosures show how private credit and private equity funds have become big borrowers from traditional banks. US banks reported $214bn in ...
‘Braintainment’ boom sees BC Partners aim to sell puzzle-setting big shot
BC Partners has appointed Rothschild to explore strategic options for the business, according to two people familiar with the situation. A sale could raise as much as €550mn, they added, with rival ...
Wall Street’s Magnificent Seven loses its shine
A Bloomberg index tracking the Magnificent Seven has added just 1 per cent this year, with losses for Tesla, Microsoft and Alphabet offset by a 25.8 per cent rally for Meta. The Magnificent Seven had ...
Match enlists AI to nudge men into better behaviour on dating apps
The efforts to enlist AI to help improve dating behaviour come as the three largest online matchmaking brands globally — Match’s Tinder and rivals Badoo and Bumble — are all shedding users as a result ...
JD Vance emboldens pro-Putin Romanian presidential candidate
US vice-president JD Vance’s scathing criticism of a country cancelling an election due to alleged Russian meddling has emboldened a pro-Putin candidate in his bid to become the next president of ...
Robert De Niro and Eric Newman on thriller Zero Day: ‘It’s anxiety-provoking — but that’s OK’
The actor and the showrunner discuss their new Netflix series — and how it gives America the kind of president it needs ...
Building AI’s backbone, from the cloud to the edge
Companies are building new generative AI models, and training and running them takes enormous amounts of energy.” The demands AI makes on data centres are growing exponentially. A ChatGPT query takes ...
Future of artificial intelligence: where will AI take us?
AI broke through. According to a survey by McKinsey, 65 per cent of businesses are now regularly using generative AI in their everyday work – d ...