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Poundland To Cut 60 Head Office Roles
Poundland is undergoing a restructuring of its head office in Walsall as part of a broader effort to reduce costs across its operations.
Paramount To Axe 2,000 Jobs Ahead Of Skydance Merger
Paramount Global, the parent company of Paramount Pictures, CBS, Nickelodeon, and Channel 5, has announced 2000 job cuts, affecting around 15 percent of its staff.
Barclays Becomes First UK Bank To Lift Bonus Cap
Barclays is to become the first UK bank to formally remove the cap on bankers’ bonuses that was originally imposed by the EU.
ScotRail And Caledonian Sleeper Staff Vote For Strike
Workers at ScotRail and the Caledonian Sleeper have overwhelmingly voted in favor of strike action due to a pay dispute.
Delta Challenges CrowdStrike Over Blame for Tech Disruption
Delta Air Lines has intensified its efforts to seek compensation from CrowdStrike, criticizing the cybersecurity firm’s response to a major technology disruption that Delta claims cost it at least $500 million.
UK Regulator Probes $4 Billion Amazon Deal With Anthropic
Amazon's $4 billion investment in the US artificial intelligence firm Anthropic is now under formal investigation by the UK Competition and Markets Authority (CMA).
Advertising Group Shuts Down After Elon Musk’s X Lawsuit
Advertising coalition has announced the suspension of its brand safety unit, effective immediately after Elon Musk’s X sued the group.
AI Giants Clash With California Over Controversial Safety Legislation
California is at the forefront of a heated debate over artificial intelligence regulation.
Axios Cuts 50 Jobs Amid Shifts In Media Industry
American news website Axios is laying off about 50 employees, roughly 10% of its workforce, as announced in an internal memo from CEO Jim VandeHei.
Delta Faces Lawsuit Over Massive IT Outage
Passengers have sued Delta Air Lines, seeking refunds following a massive IT outage that led to widespread flight cancellations.
Late Summer Boosts July Retail Sales In The UK
Retail sales in July experienced a modest increase, rising by 0.5 percent compared to the same month last year.
Microsoft Hits Back At Delta Over IT Outage
Microsoft has hit back at Delta Air Lines for not modernizing its technology before it canceled thousands of flights after the massive IT outage last month.
Elon Musk’s X Sues Advertisers Over ‘Massive Boycott’
Elon Musk’s social media platform, X, has filed a lawsuit against several major advertisers, claiming they orchestrated a “massive advertiser boycott” that deprived the company of billions in revenue and violated antitrust laws.
Apple Workers Approve Contract At First Unionized US Store
Workers at the first unionized Apple Store in the US have ratified a labor contract with the tech giant.
Virgin Atlantic Ad Banned For Misleading Claim
Virgin Atlantic’s advert, which claimed that the airline’s Flight 100 was the first to fly transatlantic using 100 percent sustainable aviation fuel, has been banned by the Advertising Standards Authority (ASA).
OpenAI Co-Founder John Schulman Says He Will Move To Anthropic
OpenAI co-founder John Schulman announced via X that he would leave the Microsoft-backed AI firm to join Anthropic, a competing artificial intelligence startup funded by Amazon.
Elon Musk Sues OpenAI And Sam Altman Again Over Deception
Elon Musk has revived a lawsuit against Sam Altman and OpenAI, bringing new allegations to federal court.
X To Close San Francisco Headquarters
Elon Musk's social media giant X is preparing to shut down its flagship San Francisco office in the coming weeks.
UK Water Giants Face Historic £168 Million Fine for Environmental Violations
Thames Water, Yorkshire Water, and Northumbrian Water will face unprecedented fines totaling £168 million following a major investigation by the water regulator Ofwat.
Crew Clothing Sues Former CEO David Butler Over £622,000 in Bonuses
Crew Clothing has sued former CEO David Butler for improperly awarding himself over £622,000 in bonuses and other benefits without proper authorisation.
