Bezos names Amazon chip arm as company’s next pillar
Jeff Bezos has said Amazon’s custom chip business is “lining up to be our next pillar”, alongside the retail, streaming and cloud divisions of the...
Fair Work Agency labour abuse inquiries rise 87 per cent in first quarter
The Fair Work Agency, the labour market enforcement body created in April under Labour’s Employment Rights Act, responded to 2,741 labour abuse inquiries in the...
GSK to move R&D to Cambridge in £400m UK investment
GSK will invest £400 million over three years to establish a global research and development headquarters in Cambridge, moving its R&D operations out of Stevenage...
Apple briefly tops $5trn as tech stocks recover from sell-off
Apple briefly broke through a $5 trillion stock market valuation on Tuesday, joining Nvidia as one of only two public companies in history to reach...
Mocean Energy raises £5m to put AI data centres out to sea
Mocean Energy, the Edinburgh-based wave energy company, is raising £5 million to develop a floating data centre powered by wave and solar energy, with a...
Barclays profit up 31% to £3.3bn as TUC demands 35% bank surcharge
Barclays reported profit before tax of £3.3 billion for the second quarter on Tuesday, up 31 per cent, as the TUC called for the surcharge...