From chargers to children's data: how the EU reined in big tech
When Apple unveils its latest iPhone on Tuesday, the European Union will have left its mark on the...
2023-09-12 20:54
US investment firm 777 Partners considering Everton majority purchase – reports
American investment firm 777 Partners have returned to the negotiating table at Everton but are now reportedly considering a majority purchase. The group had been in talks earlier this summer over a partial investment only for rivals MSP Sports Capital to enter into an exclusivity agreement with Toffees owner Farhad Moshiri. With the agreement now over after that potential investment fell through over repayments to existing lenders – although a £100million loan to help finalise the completion of a new stadium at Bramley-Moore Dock was agreed – it appears 777 have re-entered talks. However, reports suggest it is with a view to a full takeover of the club. Everton have been seeking outside investment for some time in order to free up finances to complete the new stadium. In January Moshiri, who has spent more than £500million on players since becoming the majority shareholder in 2016, said the club was not up for sale but admitted he was exploring funding options to cover the final stages of the £550m-plus build at Bramley-Moore which will is set to see the ground opened next season. The 777 group, which did not comment when contacted by the PA news agency, currently own, or part own, Genoa, Standard Liege, Hertha Berlin, Vasco de Gama and Melbourne Victory and the London Lions basketball team and British Basketball League. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-12 19:53
TI's fans concerned as rapper's son King Harris challenges homeless man to eat spicy chip for money
King Harris offered a homeless man money to take on the spicy chip challenge, which involved resisting drinking water after consuming a Paqui chip
2023-09-12 19:45
Exclusive-EU antitrust regulators seeking views on Microsoft's remedies to UK watchdog
BRUSSELS EU antitrust regulators are asking Microsoft's rivals and customers whether they are affected by the U.S. tech
2023-09-12 19:23
Conservatives hope Supreme Court defangs US consumer watchdog
By John Kruzel WASHINGTON The U.S. Consumer Financial Protection Bureau is currently pursuing nearly two dozen lawsuits accusing
2023-09-12 18:28
AI chip startup Enfabrica raises $125 million, with backing from Nvidia
By Stephen Nellis Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers,
2023-09-12 18:23
WTO warns of 'first signs' of trade de-globalisation
The de-globalisation of international trade is far from being a reality, but "the first signs of fragmentation" are appearing, the WTO warned Tuesday, concerned of the effects of the...
2023-09-12 18:20
Flexport unveils e-commerce tools as returned CEO aims to regain profitability
By Lisa Baertlein LOS ANGELES Logistics startup Flexport on Tuesday unveiled services to make it easier for small
2023-09-12 18:16
Rice price spike offers preview of climate food disruption
A 15-year high in rice prices, prompted by top exporter India's restrictions on overseas sales, should be a wake-up call on how climate change can...
2023-09-12 18:15
Alibaba's new CEO embraces AI and wants a younger management team
Alibaba Group will embrace artificial intelligence (AI) and promote younger people to senior management, its new CEO says, as the e-commerce and cloud giant tackles its most ambitious restructuring in its history.
2023-09-12 17:57
A timeline of the complicated relations between Russia and North Korea
North Korean leader Kim Jong Un has arrived in Russia to see President Vladimir Putin
2023-09-12 17:27
Fossil fuel demand to peak this decade: IEA chief in FT
World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner energy and electric cars accelerates, the International Energy Agency's...
2023-09-12 16:51
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