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What is Seedance? The Chinese AI app sending Hollywood into a panic
Posted onThese productions have been sticking to romance or family drama to keep costs down as they need fewer visual effects. But now AI can “elevate low-budget productions into more ambitious genres such as sci-fi, period drama and, now, action”, Kwok says.
Octopus Energy to spin off $8.65bn tech arm Kraken
Posted onArchie MitchellBusiness reporter Getty Images Octopus Energy is set to spin off its Kraken Technologies arm as a standalone company after a deal to sell a stake in the platform valued it at $8.65bn (£6.4bn). The energy giant, Britain’s biggest gas and electricity supplier, has sold a $1bn stake in the AI-based division to a…
Fuel poverty will tighten grip in Hull this winter, charity says
Posted onCharis Scott-HolmEast Yorkshire and Lincolnshire PA Media Citizens Advice says people are still struggling to afford to heat their homes Citizens Advice is expecting a “surge in demand” for its services this winter, as people who are already struggling with fuel debt face further bills. The organisation said half of the 1,000 people it saw…
Comac: The Chinese planemaker taking on Boeing and Airbus
Posted on“In the future we welcome all newcomers. We are keen to see more competition. Comac has got its certification process to go through and at some point in the 2030s, we see that it will be an offering that would be attractive to ourselves and other carriers,” Mike Szucs, chief executive of low-cost Philippines carrier…
Why the US dollar hit a four-year low and could fall further
Posted on“In my opinion, what markets are reacting to is just sort of the haphazard nature of policy in this administration – the escalation, de-escalation,” said Robin Brooks, senior fellow at the Brookings Institution and former FX strategist at Goldman Sachs, pointing to similarities between the backlash over tariffs and Greenland.
How the new road safety measures will affect you
Posted onEmer MoreauBusiness reporter Getty Images Learner drivers could have to wait six months before booking a practical test The UK government has launched the first major road safety strategy in over a decade, aimed at lowering the number of people who are killed or seriously injured on the roads. The changes only apply to England…
