Quiz Clothing, the troubled fashion business, is close to collapsing into administration days after its shares were delisted from the London stock market. Sky News has learnt that Quiz, which is chaired by the former JD Sports chief Peter Cowgill, is lining up Teneo as administrator in a move expected to take place before the
Sir Keir Starmer has warned the UK has a “cohort of loners who are extreme and need to be factored in” as a leaked Home Office review said the UK should deal with extremism by focusing on concerning behaviours and activity rather than ideologies. The prime minister said his government is “looking carefully where the
The arrival of a previously little-known Chinese tech company has attracted global attention as it sent shockwaves through Wall Street with a new AI chatbot. On Monday, DeepSeek, a tiny company which reportedly employs no more than 200 people, caused American chipmaker Nvidia to have almost $600bn wiped off its market value – the biggest
TravelPerk CEO and co-founder Avi Meir. TravelPerk TravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion, the company told CNBC. The fresh financing doubles TravelPerk’s market value from January 2024, when it raised $104 million on a $1.4 billion valuation.
HD Hyundai is set to unveil a production version of its hydrogen fuel cell powered HW155H 14-ton wheeled excavator – one of ten updated or all-new machines rumored to making their debut at this year’s Bauma construction trade show. Wheeled excavators are having something of a resurgence in the equipment space these days – and with good
U.S. President Donald Trump makes a virtual address to the World Economic Forum in Davos, Switzerland, on Thursday, Jan. 23, 2025. Bloomberg | Bloomberg | Getty Images President Donald Trump said Thursday he will approve the construction of power plants for artificial intelligence through an emergency declaration. “We’re going to build electric generating facilities. I’m
Donald Trump thinks the Chinese startup DeepSeek, which claims it has a technical advantage over US rivals, should be “a wakeup call” for American AI firms. DeepSeek says its artificial intelligence models are comparable with those from US giants, like OpenAI which is behind ChatGPT and Google’s Gemini, but potentially a fraction of the cost. That
Victims and relatives will take centre stage as the inquiry into the worst atrocity of the Troubles gets underway today. For the next four weeks, commemorative and personal statements about the 29 people killed in the 1998 Omagh bombing will be heard at the Strule Arts Centre in the County Tyrone town, in what victims’
Over the last week, Sir Keir Starmer’s government has fired the starting gun on the biggest domestic fight of this parliament on his highest priority issue. Yet it’s a battle this government is far from certain to win, and the manner in which they’ve entered combat makes ultimate success less likely. The outcome matters to
Iran says Israel and America would be “crazy” to attack its nuclear facilities, adding it would spell a “very bad disaster” for the region. The warning came in the first interview to be given by Iran’s foreign minister since its arch nemesis Donald Trump’s inauguration. In an exclusive interview with Sky News in the Iranian
Bradford DoolittleJan 27, 2025, 07:00 AM ET Close MLB writer and analyst for ESPN.com Former NBA writer and analyst for ESPN.com Been with ESPN since 2013 Open Extended Reactions Welcome folks, it’s a resplendent fall day in Flatbush, and six months ago, who could have imagined this? The visiting Los Angeles Dodgers are ready to
The average asking price to rent a home outside London has fallen for the first time since before the COVID pandemic, according to a property website. Rightmove credited improved levels of rental properties for the welcome shift, but declared that advertised private rents in the capital continued to tick up, for a 13th consecutive quarter,
Dado Ruvic | Reuters DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services, though existing users will be able to log in as usual. The Chinese artificial intelligence startup has generated a lot of buzz in recent weeks as a fast-growing rival to OpenAI’s ChatGPT, Google’s
Tesla is challenging the European Union in court over the tariffs imposed on its Chinese electric vehicles despite getting the lowest rates of any automaker. Last summer, the European Commission revealed new tariff rates on Chinese-made EVs imported into the continent. The logic behind the tariffs was that the EU sees China as subsidizing electric vehicle production
Associated Press Jan 27, 2025, 10:58 AM ET Open Extended Reactions Seven-time NASCAR champion Jimmie Johnson is now the majority owner of Legacy Motor Club under a restructuring in which investment adviser Knighthead Capital Management bought into the Cup Series team. Knighthead manages $9 billion of assets with a portfolio that includes investments in Hertz,
The cooling towers of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. Danielle DeVries | CNBC Power companies that are most exposed to the tech sector’s data center boom plunged early Monday, as the debut of China’s DeepSeek open source AI laboratory led investors to question how much energy artificial
The bright protostar T Tauri, situated 471 light-years away in the Taurus constellation, is expected to vanish from view for decades. This dimming phenomenon, triggered by a thick disk of gas and dust surrounding its companion stars, could last up to a century. Astronomers have been observing this system, comprising three growing stars, for decades
US tech firms exposed to big artificial intelligence (AI) investments are seeing their shares take a hammering over the emergence of a low-cost Chinese competitor. The likes of Nvidia, Meta Platforms, Microsoft, and Alphabet all saw their stocks come under pressure as investors questioned whether their share prices, already widely viewed as overblown following an
Ronan Keating says the members of Boyzone were “unprotected” and in “a dangerous space” when they were propelled to fame over 30 years ago. Speaking at the worldwide premiere of Boyzone: No Matter What, the 47-year-old singer told Sky News: “We just played along with it all. I was 16, 17, 18 years of age.
Researchers have achieved a milestone in quantum computing by integrating 1,024 silicon-based quantum dots with digital and analog on-chip electronics, all operating at cryogenic temperatures below 1 Kelvin. This innovation is expected to advance the development of scalable quantum computing systems, which have long faced challenges in balancing scalability, performance, and energy efficiency. The integration
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