Business - Page 2

Meta must limit data for personalised ads – EU court

Facebook-owner Meta must minimise the amount of people’s data it uses for personalised advertising, the EU’s highest court says.The Court of Justice for the European Union (CJEU) ruled in favour of privacy

5 months ago

by Kamshi Ahmed

Why colouring clothes has a big environmental impact

In a small corner of rural Taiwan, set amongst other dye houses and small factories, the start-up Alchemie Technology is in the final phase of rolling out a project it claims will

3 months ago

Business

Council warns of ‘difficult choices’ on finances

A council faces “difficult choices” to deal with “substantial” financial challenges, councillors have warned.Surrey Heath Borough Council has to find an additional £4m a year to cover interest payments on loans for

3 months ago

Business

Trump selects financier Howard Lutnick as commerce secretary

Donald Trump has named investor Howard Lutnick, the co-chair of his transition team, to lead the US commerce department. In his announcement, Trump said Lutnick, the chief executive of financial firm Cantor

3 months ago

Business

TV networks MSNBC and CNBC to be spun off by Comcast

US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The

3 months ago

Business

Logan Paul accused of misleading fans over crypto investments

Logan Paul, the massively popular social media personality, is facing fresh questions over his cryptocurrency dealings amid ongoing concerns he may have profited from misleading fans. Wecastonline has seen new evidence suggesting

3 months ago

Business

Who wins when Nigeria’s richest man takes on the ‘oil mafia’?

Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years.But many Nigerians will judge its

3 months ago

Business

Apple accused of trapping and ripping off 40m iCloud customers

Apple is facing a legal claim accusing it of effectively locking 40 million British customers into its iCloud service and charging them “rip off prices”.Consumer group Which? says the legal action –

3 months ago

Business

China megaport opens up Latin America as wary US looks on

As the world waits to see how the return of Donald Trump will reshape relations between Washington and Beijing, China has just taken decisive action to entrench its position in Latin America.Trump

3 months ago

Business

Elon Musk met Iran’s UN ambassador in New York

Elon Musk met Iran’s ambassador to the UN a day before he was made joint head of Donald Trump’s new cost cutting department, the BBC’s US partner CBS has confirmed. The meeting

3 months ago

Business

UK must rebuild post-Brexit relations with EU, says Bank boss

The UK must “rebuild relations” with the EU “while respecting the decision of the British people” who voted to leave in 2016, the Bank of England’s governor has said.Andrew Bailey’s Mansion House

3 months ago

Business

Infinix Signs Ayra Starr As The New Face Of Its HOT Series

Infinix, a trendy tech brand crafted for young consumers, has officially announced the signing of African music star, Ayra Starr, as the new face of its HOT Series. The partnership, announced on

3 months ago

Business

Airport chaos made worse by password issue – report

An engineer’s password problem hampered efforts to resolve Bank Holiday airport chaos caused by a flight data fault, a report has said.More than 700,000 passengers suffered cancellations and delays in August 2023

3 months ago

Business

US hacker sentenced over Bitcoin heist worth billions

A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts.Ilya Lichtenstein pleaded guilty last year in the case

3 months ago

Business

How does WhatsApp make money? It’s free – with some tricks

In the past 24 hours I’ve written more than 100 WhatsApp messages. None of them were very exciting. I made plans with my family, discussed work projects with colleagues, and exchanged news

3 months ago

Business

Meta fined €798m over ‘unfair’ Facebook Marketplace

Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network. The European Commission said this meant alternative classified ads services had faced “unfair trading

3 months ago

Business

VW launches $5.8bn tie-up with Tesla rival Rivian

Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership.The two companies say the deal is now worth $5.8bn

3 months ago

Business

JD Sports boss warns prices will rise due to Budget

Prices in shops and pubs will rise as a result of tax rises on businesses announced in the Budget, two bosses have warned.Andy Higginson, chair of JD Sports and the British Retail

3 months ago

Business

Inflation progress stalls in US in October

Inflation in the US picked up last month, as progress toward stabilising prices appeared to stall.Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs,

3 months ago

Business

Lights under surfboards could deter shark attacks – study

Fixing LED strip lights to the bottom of surfboards could deter attacks by great white sharks, Australian scientists say.A study conducted in Mossel Bay, South Africa involved towing seal-shaped boards fitted with

3 months ago

Business

Rembrandt’s Night Watch: Major restoration begins

The largest restoration of Rembrandt’s masterpiece, The Night Watch, is under way at the Rijksmuseum, in Amsterdam.Following five years of research using techniques such as digital imaging and artificial intelligence, eight restorers

3 months ago

Business

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