Meta shares slide as investors weigh Big Tech’s AI spending spree
2 hours agoKali HaysTechnology reporterReutersMeta took the brunt of investor concerns on Wednesday over how the biggest US tech firms are spending massive sums on artificial intelligence (AI).Shares in the…
A son overlooked and a jailed tycoon: Inside Samsung’s succession drama
4 hours agoSarah GreenandSimon Tulett,World Service PodcastsBloomberg via Getty ImagesSamsung chairman Lee Jae-yongWhen power shifts at the top of some of the world's biggest companies, most people don't notice.If products…
Musk takes the stand in court battle against OpenAI and Altman
Musk accuses OpenAI lawyer of trying to 'trick' him in combative testimony4 hours agoLily Jamali,North America technology correspondent, in courtandLaura Cress,technology reporterReutersElon Musk is suing OpenAI for billionsIn his second…
The kelp producer who wants to get Americans eating seaweed
3 hours agoMichelle FleuryNorth America business correspondentElizabeth EllenwoodKelp farmer Suzie Flores quit the New York City rat raceSuzie Flores left a Manhattan career to farm sugar kelp off the Connecticut…
Interest rates expected to be held as uncertainty over impact of Iran war continues
4 hours agoKevin PeacheyCost of living correspondentGetty ImagesInterest rates are expected to be held at 3.75% by the Bank of England, with uncertainty dominating the UK and global economies.Analysts are…
Oil price briefly hits $120 after reports of ‘extended’ Iran blockade
4 hours agoNaomi Rainey,Emer MoreauandJonathan Josephs,Business reportersGetty ImagesCrude oil is a key ingredient in petrol and dieselOil prices have soared following reports that the US is preparing for an "extended"…
Four key takeaways from Jerome Powell’s final rate decision as Fed chair
7 hours agoArchie MitchellBusiness reporterGetty ImagesThe Federal Reserve has held US interest rates steady after what was expected to be Jerome Powell's final meeting as chair.Hours after his successor Kevin…
In five charts – How UAE’s exit could affect Opec’s influence over the oil price
11 hours agoJemma CrewBusiness reporter Watch: Why has the UAE left Opec - and why does this matter?The United Arab Emirates' plan to ditch the oil producers' group Opec and…