Category: News
ShinyShiny snippets: Virgin sells stake in Hyperloop
Sir Richard Branson is preparing to sell off Virgin’s stake in a US hyperloop start-up as interest in the technology envisioned by Twitter billionaire Elon Musk fades. A source said Virgin will begin stripping its branding from US business Hyperloop One over the coming weeks and will divest its equity stake at the same time.…
ShinyShiny snippets: Elon Musk ‘no choice’ but to slash Twitter staff
Twitter's new owner Elon Musk says he had "no choice" but to slash the company's workforce as the firm is losing more than $4m (£3.5m) a day. Half of the company's staff are being let go, a week after Mr Musk bought Twitter in a $44bn (£38.7bn) deal. Twitter staff have been using the platform…
ShinyShiny snippets: Fujifilm announces X-T5 digital mirrorless camera
Another Fujifilm X Summit took place live today from Tokyo, Japan. It was the third X Summit event in 2022, following the X-H2S launch in Omiya in May and then the X-H2 launch in New York in September. At the summit, we saw Fujifilm launch the Fujifilm X-T5 along with the XF30mmF2.8 R LM WR Macro lens. The X-T5 looks likely…
ShinyShiny snippets: Gigafactory startup on brink of administration
The UK government-backed battery startup Britishvolt is on the brink of entering administration with the potential loss of almost 300 jobs, after it struggled to find investors willing to fund its effort to build a giant £3.8bn “gigafactory” in north-east England. The company had considered an administration as early as Monday, two sources with knowledge…
Scammer House of Horrors – millions falling for online fraud
NatWest are working with actor Simon Callow on free book, ‘The Scammer House of Horrors’ Millions of Brits have fallen foul of, or been targeted by, fraudsters – with a quarter of those who have found themselves a victim scammed while looking for love online. Phone call phishing, invoice redirection fraud…
ShinyShiny snippets: Elon Musk completes $44bn Twitter takeover
Elon Musk has completed his $44bn (£38bn) takeover of Twitter after months of toing and froing over the deal. His first move was to fire the social media company's top leadership, which he accused of misleading him over the number of spam accounts on the platform. Musk sacked Twitter's chief executive Parag Agrawal, chief financial officer Ned…
ShinyShiny snippets: ‘5G is overhyped’, claims report
5G connectivity is overhyped - and many users are yet to experience improvements in mobile speed or reliability, says a new study. Research from Uswitch.com found one in six mobile users felt the power of the technology had been overstated, and less than half said they had seen noticeable speed or reliability improvements since upgrading.…
ShinyShiny snippets: Archer Aviation to make 250 Electric Air Taxis
Archer Aviation Inc said it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years, after setting a goal of getting its aircraft certified by the end of 2024. "In our first year, we will build 250 aircraft, our second year will build 500 aircraft, our third year…
ShinyShiny snippets: Amazon may have to pay UK shoppers £900m compensation
Amazon shoppers in the UK could receive a share of £900m in compensation, once a legal claim is submitted against the technology giant. The proposed claim alleges the company breached competition law and caused customers to pay higher prices. It is being led by consumer-rights champion Julie Hunter, who alleges independent sellers are excluded from…
ShinyShiny snippets: TikTok raise livestreaming age to 18
TikTok is raising its minimum age for livestreaming from 16 to 18 from next month. A BBC News investigation found hundreds of accounts going live from Syrian refugee camps, with children begging for donations. Some were receiving up to $1,000 (£900) an hour - but when they withdrew the cash, TikTok had taken up to…
