Newsbreak 2 days ago in Around The World, Banking, Credit Suisse, Finance, News, UBS, Weekend BI UK News 0 Category: Weekend BI UK News
It’s official: UBS to acquire Credit Suisse in historic rescue deal
Newsbreak 2 days ago in Around The World, Banking, Credit Suisse, Finance, News, UBS, Weekend BI UK News 0 UBS is said to be offering up to $1 billion for Credit Suisse. Getty Images UBS will take over Credit Suisse, the Swiss National Bank said Sunday. UBS had been in talks this weekend about buying some or all of its troubled Swiss rival. Swiss regulators are planning emergency changes to regulations so it can avoid a shareholder vote on the deal. UBS will take…
Switzerland may use emergency measures to expedite a deal with UBS and Credit Suisse, reports say
Newsbreak 3 days ago in Around The World, bank, Bank Merger, Credit Suisse, Finance, Interest Rates, News, SVB, UBS, Weekend BI UK News 0 UBS is in talks about a merger with Credit Suisse. Arnd Wiegmann/Getty Images UBS is in talks to acquire part or all of Credit Suisse, the Financial Times reported. The talks come after a harrowing week for Credit Suisse, whose shares sank to a record low. The likely merger of Switzerland’s two largest banks comes a week after SVB collapsed. Two of Switzerland’s largest banks…
An ex-Pornhub moderator said some videos that should’ve been taken down were missed and ‘stayed up for months’
Newsbreak 1 week ago in Around The World, child sexual exploitation, content moderators, Documentary, Media, MindGeek, Netflix, News, PornHub, Tech Insider, Weekend BI UK News 0 Netflix is releasing its Money Shot: The Pornhub Story documentary on Wednesday. Netflix A former Pornhub video moderator said content that should’ve been removed “stayed up for months.” The ex-MindGeek worker made the claims in the new Netflix documentary Money Shot: The Pornhub Story. It explores the dark side of porn through interviews with performers and industry workers. Editor’s note: This article contains references to…
Key Putin ally claims Russia is dismantling seized western weapons to turn ‘the enemy’s experience to our advantage’ in Ukraine
Newsbreak 3 weeks ago in Around The World, Dmitry Medvedev, Military & Defense, News, Russia, russia ukraine war, Ukraine, War, Weapons, Weekend BI UK News 0 Dmitry Medvedev said that Russia is improving its firepower by studying Western weapons seized on the battlefield. Getty Images Dmitry Medvedev has hit back at Western reports that Russia is running short of weapons in Ukraine. He said Russian factories were working “around the clock” to produce the “latest technologies.” Researchers study high-tech Western weapons seized in Ukraine to improve Russian kit, said Medvedev. Dmitry…
Mark Zuckerberg announces a paid subscription model for Instagram called ‘Meta Verified’
Newsbreak 1 month ago in Around The World, Instagram, Meta, News, Subscriptions, Tech Insider, verification, Verified, Weekend BI UK News 0 Meta Verified will cost $11.99 on the net. Getty Images Mark Zuckerberg announced a Instagram paid subscription called Meta Verified. Meta Verified will cost $11.99 for internet users or $14.99 on iOS. It will launch subsequent week in Australia and New Zealand and in more nations quickly. Mark Zuckerberg announced a new paid subscription service called Meta Verified that can give verified badges to paying…
Twitter will reserve text-message authentication for Twitter Blue subscribers because it’s being ‘abused’ by ‘unhealthy actors’
Newsbreak 1 month ago in Ads, Around The World, Elon Musk, News, Social Media, Tech Insider, Twitter, Twitter Blue, Weekend BI UK News 0 Twitter is looking for new income streams since being purchased by Elon Musk. Getty Images Twitter said only Twitter Blue subscribers can use textual content messages to secure accounts from March 20. Text message two-factor authentication was being “abused” by “bad actors,” the corporate said. A Twitter Blue subscription prices $11 a month on Android or iOS. Twitter is proscribing using textual content messages for…
A woman celebrated her 35th birthday by taking local buses to travel from London to Edinburgh, Scotland
Newsbreak 1 month ago in Around The World, Bus, England, News, Scotland, Transportation, Travel, Weekend BI UK News 0 Emily Turner took three days to complete her journey on local bus companies. Andrew Aitchison/Getty Images A woman who says she loves buses determined to travel from London to Scotland utilizing only local companies. Emily Turner’s journey was adopted by hundreds of people on Twitter. Her journey took three days and cost more than a direct service, however said it was “about the journey.” A…
Twitter is now relying more on AI to identify harmful content material, says its new trust and safety chief
Newsbreak 4 months ago in AI, Around The World, Elon Musk, News, Tech Insider, trust and safety, Twitter, Weekend BI UK News 0 Elon Musk’s Twitter now depends more on AI for content material moderation. Jonathan Raa/Getty Images Twitter’s new trust and safety chief stated it was relying more on AI to identify harmful content material. Ella Irwin instructed Reuters Twitter favors limiting distribution quite than deleting sure content material. Musk additionally met with French President Emmanuel Macron on Friday to talk about content material moderation. Twitter is…
Meta staff say their CTO doesn’t want them writing posts on Blind
Newsbreak 4 months ago in Andrew Bosworth, Around The World, Meta, meta layoffs, News, Tech Insider, Tech layoffs, Weekend BI UK, Weekend BI UK News 0 Andrew Bosworth is the CTO of Meta and leads the Reality Labs group. Christian Charisius/Getty Images Meta staff wrote in a Blind publish that CTO Andrew Bosworth doesn’t want them posting on the location. One Meta worker mentioned Bosworth “went off on a rant” and mentioned it is “bad” for their psychological well being. Close to three,000 Meta staff signed as much as Blind the…
Former astronaut Scott Kelly says Russians have been ‘brainwashed’ over Ukraine
Newsbreak 4 months ago in Around The World, Astronaut, Military & Defense, News, Scott Kelly, Space, Tesla, Ukraine, Weekend BI UK, Weekend BI UK News 0 Scott Kelly spent nearly a yr on the International Space Station. NASA Former astronaut Scott Kelly mentioned Russians defending the warfare in Ukraine have been “brainwashed.” He has raised $65,000 to donate an ambulance to Ukraine by the United24 scheme. The former astronaut grew to become a web-based “troll” of Russia’s former house chief earlier this yr. Former astronaut Scott Kelly began the yr as…
The founder of Twitter rival Mastodon says he’s ‘not a fan’ of Elon Musk’s ‘erratic’ leadership style
Newsbreak 4 months ago in Around The World, Elon Musk, Mastodon, News, Tech Insider, Twitter, Weekend BI UK, Weekend BI UK News 0 Mastodon has surged in recognition since Elon Musk’s takeover of Twitter. Carina Johansen/Getty Images Eugen Rochko informed BBC Newsnight that Elon Musk’s leadership style “shows incompetence.” Rochko designed social media platform Mastodon as a decentralized various to Twitter. Mastodon has not too long ago surged in recognition as customers search alternate options to Musk’s Twitter. The founder of Twitter rival Mastodon stated that Elon Musk’s…
Russia raised a record $13.6 billion in one day as the cost of Vladimir Putin’s war with Ukraine keeps mounting
Newsbreak 4 months ago in Around The World, Bonds, Debts, Military & Defense, News, Russia, Ukraine war, Vladimir Putin, Weekend BI UK, Weekend BI UK News 0 Russia raised greater than $13 billion on November 16. Sasha Mordovets/Getty Images Russia raised greater than $13 billion in a day as the cost of Putin’s war in Ukraine keeps mounting. Britain’s Defence Intelligence stated it was the largest quantity Moscow had raised in a single day. Russia’s defence spending for 2023 is estimated to be 40% larger than beforehand forecast. Russia has raised greater…
Elusive artist Banksy tells fans to shoplift from a Guess store after the label ‘helped themselves to my art work’
Newsbreak 4 months ago in Around The World, Banksy, Clothes, Guess, News, Retail, Weekend BI UK, Weekend BI UK News 0 Staff papered over the home windows of the Guess store on Regent Street in London after Banksy inspired shoplifters to go to. Henry Nicholls/Reuters Anonymous graffiti artist Banksy inspired shoplifters to steal from a Guess store in London. He claimed that the label has used his designs with out permission. Guess mentioned its assortment was produced legally in a partnership with licensing firm Brandalised. Anonymous…
Elizabeth Holmes told a judge she felt ‘deep ache’ and was ‘devastated’ by her Theranos failings before being jailed
Newsbreak 4 months ago in Around The World, Elizabeth Holmes, Elizabeth Holmes trial, News, Tech Insider, Theranos, Theranos trial, Weekend BI UK, Weekend BI UK News 0 Theranos founder Elizabeth Holmes was sentenced to greater than 11 years in jail on Friday. Carlo Allegri/Reuters The founding father of Theranos, Elizabeth Holmes, told a judge she was “devastated” by her failings. Holmes additionally apologized to a judge at her sentence listening to before being ordered to serve 11 years. The disgraced former chief government stated she felt “deep pain” for failing folks. Elizabeth…
Two firefighters died after a plane collided with their truck and burst into flames at a South American airport
Newsbreak 4 months ago in Airlines, Around The World, News, Peru, Plane Crash, Transportation, Weekend BI UK, Weekend BI UK News 0 The LATAM Airlines plane collided with a firetruck whereas taking off from Lima airport. Christian Sierra/Getty Images Two firefighters have been killed after a plane crashed into their truck throughout take-off at Peru airport. All passengers and crew survived the crash on Friday. The native prosecutor’s workplace is investigating the crash as potential manslaughter. A LATAM Airlines flight burst into flames after colliding with a…
Elon Musk takes aim at ‘hate tweets’ as his poll about letting Donald Trump back on Twitter gets ‘~1M votes/hour’
Newsbreak 4 months ago in Around The World, Donald Trump, Elon Musk, Freedom Of Speech, Hate Speech, News, Tech Insider, Twitter, Weekend BI UK, Weekend BI UK News 0 Elon Musk introduced the brand new Twitter coverage on Friday. Reuters Elon Musk introduced Twitter’s newest coverage, which targets unfavorable and hate tweets on the positioning. He stated they are going to be “deboost and demonetized” and customers will solely discover them in the event that they search them out. Twitter’s new proprietor can be asking customers if he ought to let Donald Trump back…
231 nurses denied proper overtime pay will share back wages and damages of just over $500,000
Newsbreak 4 months ago in Around The World, Careers, Department of Labor, News, Nurses, Nursing Home, unpaid overtime, Weekend BI UK, Weekend BI UK News 0 The determination impacts employees at two services in Pennsylvania. Getty Images Two Pennsylvania nursing services had been discovered to have denied proper overtime pay to 231 employees. A choose ordered the businesses to repay the nurses $513,368 together with liquidated damages. Spring Creek and Franklin Center failed to incorporate the incentives of their pay fee for overtime. Two Pennsylvania nursing services had been discovered to…
An airline passenger was seriously injured when an e-cigarette caught fire mid-flight
Newsbreak 4 months ago in Air France, Around The World, E-Cigarettes, e-cigs, In-flight Emergency, News, plane, Transportation, Travel, Vape, Weekend BI UK, Weekend BI UK News 0 The incident happened on November 2 and continues to be being investigated. Bodo Marks/dpa (Photo by Bodo Marks/image alliance through Getty Images An Air France passenger was seriously injured after an e-cigarette caught fire mid-air. France’s air security physique stated it was investigating the incident on the Paris-bound flight. E-cigarettes are allowed in carry-on baggage however not maintain baggage as a result of they pose…