Musk’s influence on Trump could lead to tougher AI standards, says scientist Tycoon might help president-elect realise that race for artificial general intelligence is a ‘suicide race’, says Max Tegmark
Bitcoin price tops $87,000 for first time amid ‘Trump pump’ Price has more than doubled in a year as traders hope Trump will favour crypto when he returns to White House
Bitcoin breaks $83,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – as it happened Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%
AI may displace 3m jobs but long-term losses ‘relatively modest’, says Tony Blair’s thinktank Rise in unemployment in low hundreds of thousands as technology creates roles, Tony Blair Institute suggests
BT says budget is set to cost it £100m as it reveals 2,000 more jobs have gone Firm says changes to employers’ national insurance and minimum wage rise will add to costs as it cuts forecasts
Jeff Bezos, Mark Zuckerberg and other business leaders congratulate Trump Heads of Amazon, Meta and Apple swift to congratulate Trump as Musk celebrates and declares victory for himself
AI chatbot launches on Gov.UK to help business users – with mixed results Initial test run of GPT-4o technology can help with regulations but ‘cannot provide predictions or opinions’
What could UK merger between Vodafone and Three mean for customers? As competition watchdog looks poised to approve tie-up, questions raised over what it could mean for prices, competition and investment
Microsoft workers fired over Gaza vigil say company ‘crumbled under pressure’ Abdo Mohamed and Hossam Nasr organized event outside headquarters to reject company doing business in Israel
Apple reports robust demand for iPhone 16 even as overall sales in China slow Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone
Amazon beats Wall Street expectations with strong cloud business growth Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast
Volvo Cars to buy out Northvolt from jointly owned gigafactory in Sweden Plans are further blow to Europe’s hopes of creating a homegrown electric car battery
Conspiracy of silence? Why business leaders are so quiet on Trump Experts say top chief executives are treading a fine line to avoid any backlash in the event of a Trump victory
Microsoft sails as AI boom fuels double-digit growth in cloud business Revenue from Azure cloud business increased by 22% as company focuses attention on artificial intelligence
Meta rides AI boom to stellar quarterly earnings, but slightly less than expected Company beats financial predictions but does not increase daily users as much as Wall Street thought it might