• Thu. Feb 9th, 2023

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  • Microsoft’s $69bn takeover of Activision a step closer to being blocked by UK watchdog

Microsoft’s $69bn takeover of Activision a step closer to being blocked by UK watchdog

The UK’s competition watchdog has moved a step closer to potentially blocking Microsoft’s planned $69bn (£56bn) takeover of Call of Duty gaming firm Activision. In a provisional ruling, the Competition…

BP’s annual profits hit record £23bn but firm scales back climate goals

BP has revealed it is to miss a key climate goal while announcing record annual profits. The London-based firm said its main earnings measure, underlying replacement cost profit, came in…

How the on and off history of standalone energy departments reflects crises faced by the UK

So farewell, then, Department for Business, Energy and Industrial Strategy (BEIS). This pantomime horse of a government department was created by Theresa May in 2016 on the premise that it…

Decision to develop a ‘Britcoin’ digital pound to be made by 2025

A decision on whether to introduce a so-called ‘Britcoin’ digital pound is to be made by 2025, the Treasury has announced, as a consultation paper has found one is “likely…

Elon Musk cleared of deceiving investors with Tesla tweet

Elon Musk did not deceive his investors when he tweeted in 2018 that he had the funding to take Tesla private, a jury has found. Investors had sought to sue…

Google poised to unveil how it plans to take on ChatGPT

Google looks set to unveil how it plans to rival the wildly successful ChatGPT AI, possibly within days. The technology giant has scheduled a 40-minute event for Wednesday 8 February,…

Netflix says new password sharing rules were posted by accident

Netflix has said that updated measures to crack down on password sharing were posted by mistake. Following widespread disappointment on social media, with many threatening to cancel their memberships, the…

Britishvolt secures new life as Australian start-up is selected preferred bidder

Administrators have selected a rival battery start-up based in Australia as preferred bidder for collapsed Britishvolt. EY confirmed on Monday morning that its team had chosen Recharge Industries – owned…

BMW in talks with UK government over £75m grant for electric Mini

The German automotive giant BMW is in talks with the government about a £75m funding package that would secure production of electric Minis at its Oxfordshire plant. Sky News has…

Households cutting energy usage to avoid blackouts ‘likely how we’ll all operate in future’

The head of markets at the National Grid Electricity System Operator has told Sky News that its new energy saving scheme “is likely how we’re all going to operate in…

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