Despite blockbuster earnings from giants such as Alphabet and Microsoft, layoffs continue to ripple through the tech industry. Layoffs.fyi, a platform monitoring job cuts in the tech sector, recorded more than 263,000 job losses in 2023 alone. As of April, there have been more than 75,000 job losses in the industry so far in 2024.
Thursday’s local elections have been pencilled in as a day of peril for Rishi Sunak for so long, it’s hard to remember when Tory turbulence – and maybe even a leadership challenge – was not expected after 2 May. Most council seats up for election were last contested in 2021, the high watermark of Boris
More human remains have been found in two locations as part of an investigation that started when a man’s torso was discovered in Salford. Police believe the torso belongs to a man in his 60s and have informed his family about his death, but have not yet identified him publicly. In a news conference today,
A Russian man has been arrested after two Ukrainian men were stabbed to death in southern Germany. The two Ukrainians were killed at a shopping centre in the village of Murnau in Upper Bavaria. They were 23 and 36 years old and lived in the southern German county of Garmisch-Partenkirchen. Shortly after the killings on
Blackstone, the American private equity behemoth, is this weekend finalising a revised offer to buy the company which owns the music catalogues of Shakira and the Red Hot Chili Peppers. Sky News has learnt that Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund (HSF) as early as Monday. Its offer will
Image by FirstElement Fuels. FirstElement Fuels has opened the world’s first large-scale hydrogen fueling station for heavy-duty commercial trucks just outside the Port of Oakland. FirstElement is calling their new filling station, which opened to the public this week for tours and demonstrations, the first of its kind. Located near the Port of Oakland, the
In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty Images Chevron beat earnings expectations Friday, but its profit fell from the year-ago period as its refineries and international gas business faced headwinds. The oil
Monzo, the fintech which has become one of Britain’s biggest consumer banking groups, is this weekend putting the finishing touches to an expanded fundraising involving one of the world’s best-known technology investors. Sky News has learnt that Monzo has agreed terms with Hedosophia, an early backer of Airbnb and Uber, for it to become a
Ireland is pledging emergency legislation enabling it to send asylum seekers back to the UK. More than 80% of recent arrivals in the republic came via the land border with Northern Ireland, Irish justice minister Helen McEntee told a parliamentary committee last week. Rishi Sunak told Sky News it showed the UK’s Rwanda scheme was
US President Joe Biden has delivered an election-year roasting of his rival Donald Trump, criticising his immaturity. Speaking at the annual White House Correspondents’ Association dinner on Saturday night, the 81-year-old responded to concerns that he is too old for a second presidential term. “Yes, age is an issue – I’m a grown man running
All the cool suburbanites are already taking their kids to school, loading up at the farmers’ market, and making deliveries on clever and capable cargo e-bikes, but the new Momentum Cito E+ from Giant raises the cargo bike bar even higher — and makes leaving the car at home easier than ever. Momentum is a
Britain plans to equip its armed forces with a homegrown hypersonic cruise missile by the end of the decade, according to a report. Military chiefs are under pressure to catch up with China, Russia and the US by developing a weapon capable of flying at speeds higher than Mach 5 – five times the speed
Rishi Sunak has failed to rule out holding a general election in July, as speculation remains rife over the timing of the national vote. The prime minister has repeatedly said his “working assumption” is the election would take place in the second half of this year – with the law stating January 2025 is the
ARK Invest’s chief futurist lists five groups that should give tech investors an edge. According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time. “We believe that this is a unique time in technological economic history,” he told
A gold pocket watch that was recovered from the body of the richest man on the Titanic will be auctioned on Saturday. John Jacob Astor, 47, went down with the ship in 1912 after helping his wife on to a lifeboat. Rather than try his luck with another lifeboat, the impeccably dressed businessman, a prominent
I’ve known Rishi Sunak slightly for almost a decade, having first met him after he penned a thoughtful, comprehensive, well-received report on Britain’s minority communities, which I’d say is still the best of its kind. Sitting down to interview him in a state-of-the-art defence facility this week, I could still see the same energetic, likeable problem
Hamas has released a new video that appears to show two hostages who have been held in Gaza since the 7 October assault on southern Israel. The two men, Keith Siegel, 64, and Omri Miran, 47, speak in the video against an empty background, sending their love to relatives and asking to be released. The
The lawyer for Harvey Weinstein says the former film producer has been taken to hospital following his return to a New York jail. It comes days after the movie mogul’s 2020 conviction for rape was overturned, with a New York court ordering a new trial in the landmark “MeToo” case. Arthur Aidala, Weinstein’s lawyer, said
Conservative MP and former health minister Dan Poulter has defected to Labour. The MP for Suffolk Central and Ipswich North, with a majority of 23,321 at the last election, has indicated he is not planning to stand at the next general election. The defection was revealed in an article on The Observer website, in which
A TV doctor who gave free Botox to a patient in return for sex at his clinic has been struck off. Dr Tijion Esho, who has featured on ITV’s This Morning, BBC’s Morning Live and E4’s Body Fixers, denied having a physical relationship with the woman, known only as Patient A, but admitted to an
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