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Sky News
OpenAI president walks away after departure of Sam Altman
The co-founder and president of OpenAI has walked away from the company after its chief executive was forced out.Greg Brockman told colleagues “I quit” the firm behind ChatGPT, in light of the departure of Sam Altman. Posting on X, formerly known as Twitter, he said: “I’m super proud of what we’ve all built together since …
Business
Sky News
Alphabet fund spells bumper valuation for UK digital bank Monzo
Alphabet, the $1.7trn (£1.4trn) technology behemoth which owns Google, is in talks to take a stake in Monzo, one of Britain’s biggest digital retail banks.Sky News has learnt that Capital G, an investment fund which deploys capital into fast-growing tech companies, is close to an agreement to lead a funding round that will raise well …
Business
Sky News
Musk to file ‘thermonuclear lawsuit’ – as US firms pull ads amid antisemitism row
Major US companies including Disney, Warner Bros and Sky News’ parent company Comcast have pulled advertising from X (formerly Twitter) amid a row over Elon Musk’s alleged endorsement of an antisemitic conspiracy theory.The Tesla chief on Wednesday agreed with a post on X that falsely claimed Jewish people were stoking hatred against white people, saying the …
Business
Sky News
Jeremy Hunt signals tax cuts in autumn statement as economy ‘turns corner’
Jeremy Hunt has said there is the chance to lower taxes in the autumn statement next week, arguing the economy had “turned a corner”.Ahead of Wednesday’s financial announcement, the chancellor said that as inflation had halved over the year, “this is the moment” to focus on growth. But he argued that there is a need …
Business
Business Live
Creating the right environment and serving up client satisfaction earn awards for trio
The numbers came in for the Hull Trains team as it won an award in 2023, in the 23rd year of service at the 23rd Hull ceremony. It was named as the Best Place to Work. Dave Kildae, simulator manager at Hull Trains, is a new recruit. “Over the moon” with the win, he said: …
Business
Euro News
‘Knock-out bid’: UK chocolatier Hotel Chocolat’s shares jump 160% after Mars takeover
Business
Euro News
Google: US rounds off antitrust case against tech giant
Business
Sky News
Ratcliffe poised for $33-a-share stake in Manchester United
Sir Jim Ratcliffe and the Glazer family are on the brink of finalising a $33-a-share deal that will see the petrochemicals tycoon acquiring a 25% stake in Manchester United Football Club.Sky News can reveal that months of talks between the Ineos billionaire and the Red Devils’ controlling investors for the last 18 years have settled …
Business
Business Live
Savills appoints new head of Birmingham office
Property agency Savills has appointed a new head of office for its team in Birmingham – only its third since launching in the city 25 years ago. Director Victoria Burgin has been promoted into the top job and will begin the role in January. She currently heads up Savills’ property management team in the city …
Business
Business Live
Belfast sensor company bags £3M investment from Maven Capital
A Belfast tech company has won £3.1 worth of investment to grow its wireless sensor business across the globe. Sensoteq won the backing of a funding round led by private equity house Maven Capital Partners and which also included backing to the tune of £600,000 from TechStart Ventures, the seed funders which have a portfolio …
Business
Evening Standard
Hunt to receive key OBR forecast as Tories eye inheritance tax cuts
Business
Sky News
Ex-CNN chief Zucker backs Barclays’ £1.15bn Telegraph bid
A vehicle run by Jeff Zucker, the former CNN chief, is backing the Barclay family’s £1bn-plus bid to regain control of The Daily Telegraph.Sky News can exclusively reveal that RedBird IMI, a media and sports investment fund, has agreed to back a new offer from the Barclays submitted to Lloyds Banking Group this week which …

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