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North Sea drilling restrictions to be relaxed in new Labour plan
Posted onPlans to relax restrictions on new oil and gas drilling in the North Sea will be unveiled on Wednesday under the government’s North Sea Strategy. Chancellor Rachel Reeves will announce the publication of the strategy as part of her Budget speech, the BBC understands. The Department for Energy Security and Net Zero will release a…
Alan Turing AI boss denies toxic culture accusations
Posted onThe Alan Turing Institute Chair has told the BBC there is “no substance” to a number of serious accusations which rocked the organisation in the summer. In August, whistleblowers accused the charity’s leadership of misusing public funds, overseeing a “toxic internal culture”, and failing to deliver on its mission. They said the Turing Institute, the…
Trump Administration Reportedly Considering Ban on Outsourcing to Indian IT Firms After Imposing 50% Tariff on Indian Goods
Posted onWashington / – After slapping a 50% tariff on Indian goods, U.S. President Donald Trump is now reportedly weighing a ban on outsourcing work to Indian IT companies, a move that could have severe repercussions for India’s multibillion-dollar technology sector. The speculation arose from a post by Lara Loomer, a prominent right-wing Trump supporter, who…
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…
TikTok: App’s child data protection inadequate, Canada probe finds
Posted onTikTok’s efforts to stop children using the app and protect their personal data have been inadequate, a Canadian investigation has found. Hundreds of thousands of children in the country use TikTok each year despite the firm saying it is not intended for people under the age of 13, according to the findings. The investigation also…
