Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank, which owns Arm, speaks during a news conference in Tokyo, July 28, 2016. Tomohiro Ohsumi | Bloomberg | Getty Images Masayoshi Son’s SoftBank made more in Arm’s after-hours trading on Wednesday than the total amount the company lost from its disastrous bet on now-bankrupt WeWork.
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Labour will announce tomorrow that it is scaling back its flagship green prosperity plan, Sky News understands. The policy will not be dropped altogether, but the party is ditching the financial target to spend £28bn a year on environmental schemes. Labour will put this down to uncertain public finances and is also likely to say
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The world’s largest offshore wind developer has scaled back development targets and announced hundreds of job cuts as the renewable industry struggles under the pressure of rising costs. Orsted, the company developing the Norfolk coast windfarm, Hornsea 3, also suspended shareholder payments in an effort to strengthen its balance sheet. In common with the industry
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The father of murdered transgender teenager Brianna Ghey has demanded an apology from Rishi Sunak, saying he was “disgusted” with the prime minister’s comments in the Commons today. Speaking to Sky News, Peter Spooner said Mr Sunak’s remarks during PMQs, which the schoolgirl’s mother Esther attended, were “degrading” and “absolutely dehumanising”. He said: “As the
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Porsche’s electric sports received a major upgrade for the 2025 model year. The new Porsche Taycan features longer range, more performance, and fast charging capabilities. 2025 Porsche Taycan gets even more performance Porsche has been testing the new Taycan model for several months now, and it’s finally here. The new electric sports sedan is upgraded
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In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber CEO Dara Khosrowshahi looks on during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California. Justin Sullivan | Getty Images Uber reported fourth-quarter results Wednesday that beat analysts’ estimates on top and bottom lines. Shares fell about 3% in premarket trading. Here’s
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Rishi Sunak has been criticised for aiming a political jibe about transgender people at Labour leader Sir Keir Starmer – while Brianna Ghey’s mother Esther attended PMQs. In Prime Minister’s Questions, his weekly showdown with MPs and the leader of the opposition, Mr Sunak said the Labour leader had broken promises on “defining a woman”.
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Presidential hopeful Nikki Haley has suffered an embarrassing loss to “none of these candidates” in Nevada’s primary vote. Tuesday’s result has been interpreted as a protest staged by Donald Trump-supporting members of the Republican Party. Mrs Haley is Donald Trump’s last rival in the race to go up against President Biden in November’s US election.
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snap Inc. co-founder and CEO Evan Spiegel speaks during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, June 17, 2022. Benoit Tessier | Reuters Snap reported revenue that trailed analysts’ estimates on Tuesday and issued
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Veteran autonomous delivery robot developer Starship Technologies announced it had raised an additional $90 million in funding to help expand its micro-logistics service to additional territories around the globe. Starship Technologies was founded in 2014 by Skype co-founders Ahti Heinla and Janus Friis based on the idea that autonomy can help many of the challenges
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In this article 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images TSMC on Tuesday said it will open a second manufacturing plant in Japan with backing from technology giant Sony and automaker Toyota. Japan Advanced Semiconductor Manufacturing, Inc. (JASM), the manufacturing operation majority-owned by TSMC, will begin building the
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