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Disney pulls channels from YouTube TV over fee dispute
Posted onSubscribers to YouTube TV have lost access to ESPN, ABC and other Disney channels, as the two companies struggle to negotiate a licensing deal. Disney said the online pay-TV platform, which is owned by the tech giant Google and available only in the US, had refused to pay fair rates for the content, which also…
New Birmingham-Manchester rail link planned
Posted onThe government is set to announce its intention to build a new rail link between Birmingham and Manchester, the BBC understands. Previous plans for the HS2 high-speed rail line had included a line between the two cities, but that part of the project was scrapped by Rishi Sunak’s government. On Wednesday, the government is expected…
Barclays cutting 5,000 jobs as it increases reliance on AI
Posted onBarclays is cutting around 5,000 staff as it introduces more artificial intelligence (AI) into its work processes. The banking group said 1,000 posts had already been closed and it expects a further reduction of 4,000 to be complete by the end of this year, amounting to around 5% of its global workforce. The bank’s cost…
Nvidia shares soar after beating earnings forecast
Posted onChip giant Nvidia beat Wall Street’s expectations for revenue and upcoming sales, easing investor concerns about heavy artificial intelligence (AI) spending that have unsettled markets. In its quarterly earnings report on Wednesday, the firm said revenue for the three months to October jumped 62% to $57bn, driven by demand for its chips used in AI…
Budget Wales: How will it affect Wales as Plaid demand more cash
Posted onThe chancellor will also announce how much the state pension will increase by next year. It looks likely to top £13,000 a year with the full, flat rate expected to increase by £488 a year in April due to the triple lock guarantee. One thing that has already been announced is that pensioners who rely…
