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TikTok apologises after thousands of US users report app issues
Posted onLiv McMahonTechnology reporter Getty Images TikTok’s new US owner has apologised to users for “disruption” after thousands reported issues affecting the video-sharing app. Platform outage monitor Downdetector said it has seen more than 600,000 reports of glitches from US TikTok users over the weekend. Problems flagged by people include videos appearing repeatedly on “For You”…
US interest rates held as Fed boss says no magic wand to tackle high prices
Posted onThe Fed acknowledged that inflation remained “elevated”, which it said was in part due to rising energy prices, but said US economic activity was expanding at a “solid pace despite uncertainty caused by the conflict in the Middle East”. Warsh said he had wanted to and succeeded in having a “family fight” with his fellow…
Fertiliser costs mean Im better off not planting, says farmer
Posted onOlly Harrison, who farms in Tarbock, on Merseyside, said he bought his fertiliser for a good price last year and now believes – due to a wet and cold spring and limited growing days left, added with the costs of diesel for machinery – he may be better off not planting.
AI build out: AI gold rush draws crypto firms away from Bitcoin
Posted onLike 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)…
Gold price rises after US captures Venezuelas Maduro
Posted onPrecious metal prices have risen after the US capture of Venezuelan President Nicolás Maduro increased investors’ concerns about geopolitical risks. In Monday morning trade in Asia, gold was about 1.8% higher at around $4,408 (£3,282) an ounce, while silver was up close to 3.5%, as money was moved into so-called “safe-haven” assets. Meanwhile, crude oil…
