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Tim Cook Meets PM Keir Starmer Amid Growing Scrutiny Over Apple And Google's Duopoly In UK
Thursday, December 12, 2024 - 6:40am | 792Apple Inc. (NASDAQ:AAPL) CEO Tim Cook On Wednesday met with U.K. Prime Minister Keir Starmer. The meeting came at a time when both Apple and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google are facing increased scrutiny in the country. What Happened: Starmer shared a photo on X, formerly Twitter...
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Ford UK Chair Calls For 'Substantial' Incentives To Boost EV Demand: 'We Need And Want To Sell Electric Vehicles'
Wednesday, December 4, 2024 - 2:32am | 477Ford Motor Co.’s (NYSE:F) UK chair Lisa Brankin has reportedly called on the government to provide consumer incentives of up to £5,000 (approx. $6,350) per car to boost electric vehicle demand. What Happened: Direct support for consumers to purchase electric vehicles is crucial for the...
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Valve Removes Game From UK Storefront At Counter-Terrorism Unit's Request
Monday, December 2, 2024 - 3:36pm | 409Valve has removed Fursan al-Aqsa: The Knights of the Al-Aqsa Mosque from its British Steam storefront after the U.K.’s Counter Terrorism Internet Referral Unit (CTIRU) requested the action. The game, which was updated in November 2024 to include content referencing the Hamas attack on Oct. 7...
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Apple Hit With $3.8B Legal Claim For Allegedly Breaking UK Competition Law With iCloud Service
Thursday, November 14, 2024 - 5:37am | 590Consumer group Which? has filed a £3 billion ($3.81 billion) legal claim against Apple Inc. (NASDAQ:AAPL), accusing the tech giant of breaching UK competition law through its iCloud service. What Happened: The claim, which could result in compensation for around 40 million UK iPhone and iPad users...
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UK Breaks New Ground With First Government-Backed Psilocybin Therapy For Opioid Crisis
Thursday, November 7, 2024 - 6:51pm | 440In a pioneering study funded by the UK Government, researchers at Imperial College London are set to examine the potential of psilocybin-assisted therapy to treat opioid addiction. As Leafie reported, this marks the first time that the UK government has backed research into using psilocybin for...
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King Nvidia Technicals Will Determine The Stock Market Direction — Overreaction To ASML Earnings
Wednesday, October 16, 2024 - 3:58pm | 1717To gain an edge, this is what you need to know today. Stock Market Direction Please click here for an enlarged chart of NVIDIA Corp (NASDAQ:NVDA). Note the following: This article is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. The...
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Starmer Woos Global Investors At UK Summit
Monday, October 14, 2024 - 3:11pm | 1484British Prime Minister Keir Starmer unveiled that he wants to attract billions of pounds of investments during his speech at a UK investment summit on Monday. The inaugural International Investment Summit in London secured £63 billion in investments and nearly 38,000 in jobs, Chancellor of...
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UK GDP Growth Won't Improve Borrowing Costs, Sentiment
Friday, October 11, 2024 - 10:29am | 1503The British economy expanded in August, an improvement that is unlikely to change sentiment about the Labour Party's economic stewardship. GDP grew by 0.2% in August after flatlining in June and July, the Office for National Statistics (ONS) said. Economists polled by Reuters had...
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UK Renewable Companies In Focus After Coal-Fired Power Plant Closure
Monday, October 7, 2024 - 10:43am | 1177UK renewable companies will benefit from the closure of the country’s last coal-fired power plant, ending its 140-year reliance on coal to generate electricity. The Ratcliffe-on-Soar plant has been operational since 1967. Its closure on September 30 is a milestone in the country's commitment...
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Amazon Has Enforced Full-Time Return To Office Policy, But It Hasn't Gone Down Well With The UK Government, Which Is Pushing For Flexible Working As Holiday Season Approaches: Here's What's Happening
Monday, September 23, 2024 - 4:31am | 624Ahead of the holiday season, Amazon.com Inc (NASDAQ:AMZN) is enforcing a return-to-office five days a week mandate, clashing with the UK government’s push for flexible working rights. What Happened: Amazon argues that in-office work fosters better invention, collaboration, and connection...
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Former Premier League Player Charged After Allegedly Trying To Smuggle 60 Kg (132 Lbs) Of Cannabis Into UK
Thursday, September 19, 2024 - 1:51pm | 398Jay Emmanuel-Thomas, a former striker for football/soccer club Arsenal, has been charged following an alleged attempt to smuggle £600,000 ($796,794) worth of cannabis into the UK through Stansted Airport. As The Telegraph reported, the 33-year-old, who currently plays for Greenock Morton in the...
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How Meta's Bold Move To Train AI With UK Social Media Data Defies EU Laws Amid Struggling Stock Performance
Monday, September 16, 2024 - 9:31am | 459Meta is using UK Facebook and Instagram posts for AI training, despite EU privacy laws. Privacy groups criticize Meta for using data without explicit consent, making users involuntary contributors. Despite a volatile stock history, Meta faces a critical resistance at $540. Meta Platforms Inc (...
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Bitcoin, NFTs To Get 'Personal Property' Status in the UK? Ministry Says Move Will Ensure Britain Maintains Its 'Pole Position' In Global Crypto Race
Thursday, September 12, 2024 - 2:09am | 482In a landmark move, the U.K. government has proposed a bill that seeks to categorize digital assets such as Bitcoin (CRYPTO: BTC) and non-fungible tokens (NFTs) as personal property under English and Welsh law. What Happened: The Property (Digital Assets etc) Bill aimed to establish a third type of...
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Race To The Bottom For Market Data Reform
Wednesday, September 11, 2024 - 1:08pm | 1778The UK and EU are trying to catch up with the US in building their respective Consolidated Tapes (CT). The US has no intention to slow down and wait for the Europeans in market data reforms. Yet, the US D.C. Circuit ruling in July 2022 weakens the already weak proposition of the SEC's governance...
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UK Government Drug Ban Targets 'Zombie Drug' Xylazine And Other Opioids
Tuesday, September 10, 2024 - 12:12pm | 432The British government announced new legislation Tuesday that would ban the drug xylazine, commonly referred to as the “zombie drug,” along with 21 other harmful substances. As The Economic Times reported, the move is part of a broader effort to reduce drug-related deaths and clamp down...