Money Moves

Major League Baseball (MLB) has entered into several agreements with major broadcasting and streaming services to display select games over the next three seasons. Notably, Netflix will feature significant baseball events, including the league’s opening night and the Home Run Derby, which typically attracts millions of viewers. ESPN and NBCUniversal have also secured rights to […]

Lisa Brankin, managing director of Ford UK, has raised concerns regarding potential new taxes on electric vehicles (EVs), suggesting that such measures could deter consumers amid a period of waning interest in EV purchases. This follows reports indicating that Chancellor Rachel Reeves may consider new levies on EVs in the upcoming Budget. Brankin emphasized that

Nvidia has reported quarterly earnings that surpassed Wall Street’s predictions, alleviating concerns about high spending in the artificial intelligence (AI) sector. In its earnings report for the three months ending in October, Nvidia announced a revenue increase of 62%, reaching $57 billion, primarily due to rising demand for its chips used in AI data centers.

Nvidia, a leading player in the AI chip market, is preparing to release its third-quarter earnings, which could address concerns about the valuation trends among AI companies. Analysts express optimism that Nvidia will likely surpass Wall Street’s expectations. However, there is a keen interest in the insights provided by CEO Jensen Huang regarding future industry

The government has been advised to oversee the sale of the Telegraph through an auction managed by a body such as the UK competition regulator or the Cabinet Office. During a session in the House of Lords, peers urged Culture Secretary Lisa Nandy to take control of the sale process from RedBird IMI, which is

Wimbledon will be exempt from the UK government’s ban on ticket resales for its “debenture” tickets. The All England Lawn Tennis Club (AELTC), the championship organizers, previously expressed concerns that the proposed restrictions on reselling tickets above face value would hinder their ability to reinvest proceeds from debentures into facility maintenance. On Wednesday, the government

The market value of online grocery retailer Ocado has declined significantly following Kroger’s announcement that it will close three warehouses utilizing Ocado’s automated technology. Kroger, the fourth largest retailer in the US, had partnered with Ocado in 2018, signing a deal for the construction of 20 automated customer fulfillment centers. At present, eight of these

In January 2017, an individual began a conversation with a woman, presenting himself as charming and knowledgeable about bitcoin. He suggested that she invest in cryptocurrency, claiming that wealthier individuals focus on investing rather than spending. He asserted that he lived in London, but upon conducting her own research, she discovered his actual residence was

In May, a group of prominent ticket touts convened in a London basement to strategize against Labour’s proposed ban on ticket reselling for profit. One member expressed concern that the policy’s implementation could severely impact their business, stating, “Bottom line is, we are all fucked.” Fast forward eighteen months, and the UK government has confirmed

Uber is facing legal pressure to discontinue its artificial intelligence-driven pay systems, which have reportedly led to a decline in driver earnings. The Worker Info Exchange (WIE), a nonprofit organization, sent a letter to the company alleging violations of European data protection laws due to the use of its controversial algorithm for setting pay rates.