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Up to 150 ex-WHSmith high street stores to close as rescue deal approved
The owner of TG Jones, WH Smith’s former High Street business, has won approval for a sweeping restructuring which will see up to 150 shops close as well as steep rent cuts on most of the remaining stores. Modella Capital bought the chain stores last year and they were then rebranded under the name TG…
AI build out: AI gold rush draws crypto firms away from Bitcoin
Like AI systems, Bitcoin relies on vast networks of powerful computers housed in data centres. Because Bitcoin operates without a central authority, these computers verify transactions and are rewarded with newly-created digital coins. But the rewards have reduced and the value of coins has dropped since last year. One bitcoin was worth about $124,000 (£91,000)…
Many new UK drone users must take theory test for outdoor use
Many in the UK who unwrapped a new drone this Christmas may face a rude awakening next week, when they will have to take a theory test before being allowed to fly outdoors. From 1 January, those intending to fly drones or model aircraft weighing 100g or more outside must complete a Civil Aviation Authority…
