In the slides, Fifa’s central argument was that football does not raise enough cash in relation to its fan base, that “Fifa has been under-monetised versus other leagues” and so “global football development gets squeezed”. It did this with reference to a comparative chart showing annual revenue as well as …

The US technology billionaire who led the acquisition of English cricket’s most lucrative Hundred franchise is in talks to buy London’s new NBA Europe team. Source link

As Chris Best, the co-founder and chief executive of Substack put it last week: “It’s getting harder to tell what’s real on the internet.” Announcing a new tool, external designed to let readers on the newsletter platform detect AI-generated writing, Best cited other research that has found up to 40% …

The boss of one of the companies recently hacked by out-of-control artificial intelligence (AI) says bot makers must be accountable for cyber attacks carried out by their creations. Clement Delangue’s company Hugging Face was breached by a rogue OpenAI bot that broke out of a test environment and autonomously attacked …

A British passenger on a British Airways flight that issued a distress call on approach to Heathrow Airport earlier this month has described the rising fear in the cabin and a lack of information from the crew. Edward Killiwick had been travelling back from a friend’s birthday party with his …

Meredith’s DIY Hardware and Ironmongery has been at Yate Shopping Centre, near Bristol, since 1965. BBC News

One of Britain’s biggest high street bookmakers is to axe hundreds of jobs as it prepares to close more than 130 shops amid a deepening tax raid on the industry. Source link

An organisation that rescues hundreds of tonnes of surplus food from going to waste wants to expand its work. Food in Community, a Dartington-based community interest company, has been collecting unwanted and extra crops from local growers and farmers for 14 years in a bid to reduce waste and improve …

Sainsbury’s has agreed to sell Argos for £120m as the supermarket chain aims to focus on its core food business. The buyer, Swift Partners, is a company which has been created to buy the brand and includes former Co-operative Group boss Richard Pennycook. Under the terms of the deal, Argos …

BP has placed its North Sea oil business up for sale. Source link

Sainsbury’s has revealed it is selling Argos under a “business as usual” deal that will allow the company to concentrate on its core supermarket business. Source link

Rosalind Wright has had two children at Broomfield Hospital and said parking was already a “nightmare” without the cost increase. She estimated she had about 10 appointments for scans, vaccinations and blood tests, and spent between £50 to £100 to park the car. The 39-year-old described the 20 minutes of …

Apple has warned it is seeking alternative memory chip suppliers as “very significant” constraints threaten future sales of its key devices. Source link

Share prices jumped in South Korea on Friday, partly reversing a three-day rout that wiped hundreds of billions of dollars off the value of the country’s stock market. The benchmark Kospi index was almost 17% higher in afternoon trading, driven by chip makers SK Hynix and Samsung Electronics. It came …

AI tools may have not yet proven to be a consumer tech revolution on the scale of the internet or even electricity, external, as many tech executives have promised for years. But there is still huge demand from people for new technology. Google said last week that 950 million people …

US tech company Anthropic says three of its artificial intelligence (AI) models broke out of isolated test environments and hacked into the systems of three other firms during a cybersecurity exercise. It comes just days after rival OpenAI said that its models had breached the systems of other companies, including …

Apple spooked Wall Street on Thursday by warning it expected a “significant” hit from growing supply constraints for its most popular products. Shares in the company fell in after-hours trading by more than 7%, even as it showed a 16% increase in revenue to $109b (£81b) thanks in part to …

Water companies have performance commitments on issues such as leakage. It is illegal to release raw sewage into rivers and seas during “normal” weather conditions, but firms are allowed to do so when it rains heavily, to prevent homes being flooded. Thames is the UK’s largest water company, supplying water …

Two of the High Speed 2 (HS2) railway’s most significant private sector deals have been renegotiated, the government will announce on Friday, as it tries to demonstrate that Britain’s biggest infrastructure white elephant is finally under control. Sky News has learnt that the Department for Transport (DfT) will say that …

A British Airways flight issued a “mayday” distress call on its approach to Heathrow Airport earlier this month, according to a statement from France’s accident investigation authority. The call was made on an Airbus A320 flying from Dusseldorf airport in Germany on 6 July following two stall warnings on the …