Money Moves

Amazon services 'recovering' as Snapchat and banks among sites hit by outage

Amazon services ‘recovering’ as Snapchat and banks among sites hit by outage

Amazon Web Services (AWS) reported on Monday that it resolved a significant outage that affected numerous major websites and applications for most of the day. The incident reportedly impacted over 1,000 platforms, including popular social media sites like Snapchat and banking services such as Lloyds and Halifax. During the outage, user reports of issues peaked

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What's the best way to detect and destroy drones?

What’s the best way to detect and destroy drones?

In Aalborg, Denmark, the company MyDefence specializes in creating equipment designed to jam and repel drones, with increased demand noted from both military and civilian sectors. CEO Dan Hermansen reports a shift in customer interest from defense firms to critical infrastructure companies seeking drone protection. The MyDefence device works by interrupting communication between the drone

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New Trump tariffs pose another hurdle for the housing market

New Trump tariffs pose another hurdle for the housing market

Anthony Cabrera recently completed constructing his three-bedroom home in Hopatcong, New Jersey, where he purchased key items such as couches ahead of anticipated tariffs. Cabrera began his project in March and faced rising costs associated with various building materials, which escalated his initial budget from approximately $300,000 to $450,000. He sought to finish his house

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Labour urged to rethink scrapping minimum wage youth rates amid ‘Neets’ rise | Minimum wage

Labour urged to rethink scrapping minimum wage youth rates amid ‘Neets’ rise | Minimum wage

Labour is facing calls to reconsider its commitment to eliminate youth rates of the minimum wage in response to an alarming increase in the number of young people who are neither in education, employment, nor training (Neet). According to a report from the Resolution Foundation, the Neet population has grown by 195,000 over the past

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Disney+ cancellations soar after Jimmy Kimmel suspension

Disney+ cancellations soar after Jimmy Kimmel suspension

In September, Disney+ and Hulu experienced a significant rise in subscriber cancellation rates, reportedly doubling following a temporary suspension of comedian Jimmy Kimmel. Analytics from Antenna indicate that Disney+ saw its churn rate—denoting the percentage of subscribers who cancel—jump from an average of 4% to 8%, translating to roughly three million cancellations. Meanwhile, Hulu’s rate

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US investigates Waymo robotaxis over safety around school buses | Waymo

US investigates Waymo robotaxis over safety around school buses | Waymo

The National Highway Traffic Safety Administration (NHTSA), the primary transportation safety regulator in the U.S., has initiated a preliminary investigation into approximately 2,000 Waymo self-driving vehicles. This investigation follows reports indicating that some of these autonomous robotaxis may not have adhered to traffic safety regulations concerning stopped school buses. The probe is part of a

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Nasa looks to other companies for US moon program as Musk’s SpaceX lags behind | Nasa

Nasa looks to other companies for US moon program as Musk’s SpaceX lags behind | Nasa

NASA is exploring partnerships with additional companies for its crewed lunar program due to concerns regarding SpaceX’s timeline. Sean Duffy, the interim head of NASA and transportation secretary, stated in a CNBC interview that the agency will not rely solely on one company as it advances its Artemis program aimed at returning astronauts to the

Nasa looks to other companies for US moon program as Musk’s SpaceX lags behind | Nasa Read More »

Labour’s clean energy plan needs a revamp: get real on costs and ignore the artificial deadline | Nils Pratley

Labour’s clean energy plan needs a revamp: get real on costs and ignore the artificial deadline | Nils Pratley

Ed Miliband, the energy security secretary, stated in a recent BBC interview that reducing energy bills by £300 is a priority for the government, reflecting a pre-election commitment to lower energy costs by 2030. The challenge seems to involve chancellor Rachel Reeves, who may face the option of transferring some of the cost burden to

Labour’s clean energy plan needs a revamp: get real on costs and ignore the artificial deadline | Nils Pratley Read More »

Disney+ and Hulu cancellation rates doubled after Kimmel suspension | Jimmy Kimmel

Disney+ and Hulu cancellation rates doubled after Kimmel suspension | Jimmy Kimmel

Disney’s temporary suspension of Jimmy Kimmel, following pressure from the Trump administration, appears to have significantly affected the company’s subscription numbers. Data from Antenna, an analytics firm tracking streaming services, indicates that cancellation rates for Disney+ and Hulu doubled in September, rising from 4% and 5% in August to 8% and 10%, respectively. Historically, churn

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