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Elon Musk tweets to the Northern Ireland secretary, “What does ‘tosh’ look like?”

The billionaire owner of Twitter, Elon Musk, has reacted to the Northern Ireland secretary of state's request to remove fake news from the platform. The debate occurred after Chris Heaton-Harris refuted resignation rumors after a bogus email was distributed. Mr. Heaton-Harris referred to the bogus resignation email as "total nonsense." The richest...

Brexit-supporting Next CEO believes the country needs more foreign labor

To alleviate labor shortages, the CEO of Next has urged the British government to allow more foreign employees into the country. Lord Wolfson, a prominent Brexit supporter, stated that the United Kingdom's present immigration policy was stifling economic growth. He suggested that firms should be taxed for employing foreign workers to...

Elon Musk sells nearly $4 billion additional Tesla shares after Twitter acquisition.

The world's richest man has again sold Tesla shares to earn cash but has yet to explain for doing so just days after laying off approximately half of Twitter's employees. After completing his takeover of Twitter, Elon Musk sold about $4 billion (£3.46 billion) in Tesla stock. According to documents with...

M&S warns of an impending “storm” as rising prices erode profitability.

The company asserts that it is in a strong position to overcome the challenges ahead, even though prices have negatively impacted its bottom line in the lead-up to the crucial Christmas season. However, its stock price plummets as it anticipates a difficult 2023. Marks and Spencer (M&S) has revealed a...

Facebook owner Meta will lay off 11,000 workers

Meta, the owner of Facebook, Instagram, and WhatsApp, has stated it will reduce its workforce by 13 percent. The first mass layoffs in the company's history will result in the termination of 11,000 employees out of a total workforce of 87,000. Mark Zuckerberg, chief executive officer of Meta, described the layoffs...

Made.com fails, threatening thousands of orders.

Next will not retain any employees as it acquires a portion of a failing online furniture retailer. Made.com has entered administration, resulting in the termination of all 573 employees and the suspension of thousands of customer orders. When it was reported that the online furniture retailer's operating company had formally folded...

The owner of Facebook and Instagram, Meta, will lay off almost 11,000 employees.

Mark Zuckerberg acknowledges his errors contributed to Meta's difficulties as he apologizes for the need to lay off so many employees as part of broader efforts to reduce costs and concentrate the firm. The owner of Facebook and Instagram, Meta, has laid off 13 percent of its workers in response...

Energy companies remotely install prepaid meters in residences

A growing number of families are remotely switching their smart energy meters to prepayment meters, according to the energy regulator. Suppliers can use the technology to switch clients without their consent to a payment method that is frequently more expensive. Customers that need to refuel run the danger of running out...

As sales exceed pre-COVID levels, Primark won’t raise prices.

The parent business of Primark stated that it confronts large expenses and volatile foreign exchange rates. While announcing a recovery to pre-COVID-19 sales and market share in the UK, Primark stated that it will not hike prices further despite hefty expenditures. Commenting on Primark's full-year results, the CEO of Primark's parent...

Household grocery bills ‘increase by £40 a month’

As grocery sales soar and demand the cheapest own brand ranges continues to rise, data from the supermarket industry supports the notion that consumers are eating out less to save money, as grocery sales soar and demand for the cheapest own brand ranges continues to rise. The average cost of...

Foxconn is betting on electric vehicle manufacturer Lordstown Motors.

Foxconn, which manufactures iPhones for Apple, has reportedly increased its stake in a US electric pick-up truck company, which might compete with Tesla's Cybertruck. The IT titan will invest up to $170 million (£147.8 million) in shares of the loss-making startup Lordstown Motors. The substantial infusion of capital occurs as the...

Just Stop Oil protestors charged following second day of M25 blockade

On Monday, Just Stop Oil members also scaled highway furniture. 24 individuals have been charged about the Monday and Tuesday protests. Eight individuals have been charged for Just Stop Oil's second day of disruption on the M25. Tuesday at 7:00 a.m., the climate change group blocked the freeway by climbing onto...

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Has the West End found its golden age for creative musicals?

Following a string of triumphs for musicals featuring original soundtracks, West End actors, authors, and producers are convinced that audiences are now "willing to undertake risks." While jukebox musicals currently predominate in London's West End, certain stars of the theatre contend that the triumph of original productions serves as evidence that "audiences are willing to take a chance."

If I sell bitcoin without cashing out, do I pay capital gains tax?

How does the IRS handle capital gains from Bitcoin investments?   Is the tax liability incurred upon asset sale or the return of the benefit to your fiat bank account?  Since making a small investment in Bitcoin during the peak of the previous bull market (2020), I have incurred investment losses for the majority of that period. I am once again in the black and am uncertain of my next steps regarding the sale.

A post office attorney has been charged with “big fat lying”

Former senior Post Office attorney Jarnail Singh has denied knowledge of vulnerabilities in the Horizon system during the three-year prosecution of sub-postmasters. Jason Beer, the Horizon inquiry's chief counsel, condemned Mr. Singh as having "blown a colossal lie." On the eve of the 2010 trial of Seema Misra, a sub-postmistress who was incarcerated during her pregnancy, an email was transmitted to Mr. Singh.

Palestine conflict deadliest for journalists

May 3 is observed annually as World Press Freedom Day by UNESCO.  Today marks the occurrence of a highly precarious period for journalists around the world, as the Israeli invasion of Gaza has become the deadliest conflict in the history of media professionals.  "Losing a journalist is equivalent to losing ears and eyes to the outside world." Volker Turk, the United Nations High Commissioner for Human Rights, said in a statement today, "We lose a voice for the voiceless."