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Cryptoqueen who fled China for London mansion to be sentenced over £5bn Bitcoin stash
Tony HanGlobal China Unit Metropolitan Police Qian Zhemin enjoyed a lavish lifestyle of travel and shopping before UK police discovered her stash of crypto A woman, said by police to have bought cryptocurrency now worth billions of pounds using funds stolen from thousands of Chinese pensioners, is due to be sentenced this week for money…
Daily Telegraph: RedBird Capital pulls out of deal to buy newspaper
US investment group RedBird Capital has pulled out of a deal to buy the Daily and Sunday Telegraph for £500m. RedBird had a previous attempt to buy the Telegraph rebuffed by politicians as it was majority-funded by Abu Dhabi’s IMI group – which is owned in turn by the Abu Dhabi royal family. A law…
UK snack brand Graze to be sold to Jamie Laings Candy Kittens
Osmond ChiaBusiness reporter Getty Images Candy Kittens co-founders Jamie Laing and Edward Williams British TV personality Jamie Laing’s vegan sweets brand Candy Kittens is set to acquire snack company Graze in a deal between the former’s parent company and packaged goods giant Unilever. The upcoming deal with German firm Katjes International, Candy Kittens’ parent company,…
Sheffield’s Baby Basics UK opens bigger premises to meet demand
A baby bank which supports families with vulnerable children has moved to a bigger premises to help meet demand for its services. Baby Basics UK, which provides practical essentials to families with children up to five years old, has moved to Albion House in Savile Street, Sheffield. Since 2019 it said demand for help had…
Elon Musks X to block Grok from undressing images of real people
Elon Musk’s AI model Grok will no longer be able to edit photos of real people to show them in revealing clothing, after widespread concern over sexualised AI deepfakes in countries including the UK and US. “We have implemented technological measures to prevent the Grok account from allowing the editing of images of real people…
