Monday, June 25, 2018
Tesla's shareholders have offered a show of support for Elon Musk, rejecting a proposal to strip him of the chairman post, even after a string of issues at the electric car maker. Tesla said the proposal to force Mr Musk to hand over the...
Apple this evening brushed off suggestions that the iPhone party was coming to an end as it reported increasing sales and announced a $100 bn (pounds 73 bn) share buyback. The world’s biggest listed company said revenues in the three...

Uber worths bilions

 Travis Kalanick,the Uber co-founder will become a billionaire. Some  investors agreed to take a large stake in the ride-hailing firm. This  consortium led by Japan's Softbank will buy a chunk of the company from  the existing shareholders as well as...

Record-breaking profits

Booming demand for Samsung’s memory chips and the success of its latest smartphone have led the Korean electronics giant to forecast record quarterly profits. However, the company’s buoyant financials were cancelled out by warnings that the chip boom of the...

Monzo launches overdrafts

Mobile-only bank Monzo is offering overdrafts to its current account customers for the first time. A limited number of users had previously been offered overdrafts on a trial basis, but a full rollout across its customer base has started this week. Monzo customers will...
he Government is aiming to make the UK an artificial intelligence (AI) research "hotspot" under a new investment drive. Around 1,000 government-funded AI PhDs will be created and private firms will invest £300 million in the sector. Under a deal announced by Business...
For years, Mark Zuckerberg, the chief executive of Facebook, has been treated like a giant. In fact he is 5’7” and, as he appeared before Congress in Washington this week, he used a booster cushion to appear tall on...
Although we are a few weeks into the new year the companies are already teasing their latest and greatest technologies  for 2018. At Consumer Electronics you can see a revamped version of Sony's robot dog Aibo. Aibo has AI advancements, like...
Google is facing a potential payout of up to £3.2bn over claims it collected data on millions of iPhone users, the search giant has revealed. The group representing iPhone users, known as Google You Owe Us, represents 4.4 million people in...
Has the bitcoin fever broken? Bitcoin prices plunged sharply to below $11,000 on Friday, shedding a third of its value in just 24 hours, according to data from CoinDesk.com. It later rebounded slightly to around $12,000 -- but that's still a...

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