Category: Technology

US firm ends takeover interest in Currys Getty Images US investment firm Elliott Advisors has walked away from making a takeover bid for Currys after being rejected by the retailer’s board “multiple times”. It had initially proposed an offer that valued the electricals chain at £700m, and then raised it to £757m. But Currys rebuffed… Continue reading US firm ends takeover interest in Currys

Pornhub challenges EU over online content rules Getty Images By Shiona McCallum & Chris Vallance Technology reporters One of the world’s most popular pornography websites, Pornhub, is contesting new EU rules. Pornhub is facing new obligations under the Digital Services Act (DSA), including strict requirements on age verification. The new rules apply to what the… Continue reading Pornhub challenges EU over online content rules

ChatGPT-maker OpenAI hits back at Musk criticism CFOTO/Future Publishing via Getty Images By Liv McMahon Technology reporter OpenAI, the makers of ChatGPT, have responded to a lawsuit by Elon Musk by making counter-accusations against him. Mr Musk is suing the company he helped found, alleging it has abandoned its original mission of helping humanity. He… Continue reading ChatGPT-maker OpenAI hits back at Musk criticism

N Korea hacked S Korea chip firms, Seoul says Getty Images By Mariko Oi Business reporter North Korean hackers have broken into South Korean chip equipment makers, according to South Korea’s spy agency. Pyongyang is trying to make semiconductors for its weapons programmes, the National Intelligence Service (NIS) says. It comes a month after President… Continue reading N Korea hacked S Korea chip firms, Seoul says

AI optimism sends Nasdaq to new post-Covid high Getty Images By Natalie Sherman Business reporter, New York America’s Nasdaq index, home to many tech companies, has hit a new high, which analysts attributed to optimism over artificial intelligence (AI). The Nasdaq rose 0.9% on Thursday, to 16,091.92, formally rebounding from the slump that hit shares… Continue reading AI optimism sends Nasdaq to new post-Covid high

European parliament revokes Amazon lobbyist passes Getty Images Amazon lobbyists have had their access badges for the European parliament withdrawn because of a row over whether the e-commerce giant is allowing itself to be properly scrutinised. It followed a request from the EU’s committee on employment and social affairs. Its chairman has accused of Amazon… Continue reading European parliament revokes Amazon lobbyist passes

Elon Musk eats humble pie over unpaid bakery bill Getty Images By Tom Gerken Technology reporter Elon Musk has stepped in to foot the bill for 4,000 mini pies after his firm cancelled an order at the last minute. Giving Pies bakery in San Francisco was left $2,000 (£1,500) out of pocket when Tesla backed… Continue reading Elon Musk eats humble pie over unpaid bakery bill

Google denies Gmail is shutting down after viral hoax Getty Images Google has had to publicly state Gmail is “here to stay” after a hoax claiming it was shutting down spread widely on social media. A post on X, formerly Twitter, which has been viewed more than seven million times, claimed it would be closing… Continue reading Google denies Gmail is shutting down after viral hoax

Thousands report issues with US mobile services Getty Images Interruptions to US mobile services have been reported across the United States on Thursday morning. Downdetector.com, which tracks outages, showed thousands of reports made by users of multiple networks after 04:00 EST (09:00 GMT). The reports for AT&T numbered around 32,000 – with hotspots in the… Continue reading Thousands report issues with US mobile services

Sacked Twitter staff in Ghana finally get pay-off Twitter/@OluwamayowaTJ By Nkechi Ogbonna BBC West Africa business reporter X, formerly known as Twitter, has finally paid off the staff it sacked in its African headquarters more than a year after they were laid off, the agency which represents them has said. Most had only been in… Continue reading Sacked Twitter staff in Ghana finally get pay-off