Meta shares fall as frustration grows over AI spending plans
Meta shares plunged on Wednesday as investors balked at its promise to keep spending on artificial intelligence (AI) projects while profits dwindle.
Independent coverage of UK markets, FCA policy and institutional trading
Meta shares plunged on Wednesday as investors balked at its promise to keep spending on artificial intelligence (AI) projects while profits dwindle.
Every time you click "buy" on an online order, the chances are that your purchase starts getting processed within minutes.
US President Donald Trump said on Wednesday that his administration is considering asserting more power over artificial intelligence (AI) tools after recent cybersecurity incidents.
Meta shares plunged on Wednesday as investors balked at its promise to keep spending on artificial intelligence (AI) projects while profits dwindle.
The boss of the Federal Reserve said there is no "magic wand" to ease the cost of living for Americans as it held interest rates steady for the fifth time in a row.
Sharp falls in the value of chip makers have stoked investor concerns that the euphoria around AI related companies is fading.
Sharp falls in the value of chip makers have stoked investor concerns that the euphoria around artificial intelligence (AI) related companies is fading.
Charities across the South East are worried they will not be able to pay staff and suppliers after being cut off from their online bank accounts.
Las Vegas is in a tourism slump. Hotel occupancy and air travel are down, and many local hospitality employees are experiencing layoffs or cuts in their hours. What's driving this downturn, and can Si…
Ofgem has proposed new measures which could see developers of data centres made to pay hundreds of millions of pounds up front.
Greggs's pivot towards healthier products and trending drinks has helped it boost sales, with the bakery chain reporting a 20% rise in profit over the first half of the year.
Greggs's pivot towards healthier products and trending drinks has helped it boost sales, with the bakery chain reporting a 20% rise in profit over the first half of the year.
Ofgem has proposed new measures which could see developers of data centres made to pay hundreds of millions of pounds up front.
Heathrow Airport will be allowed to charge airlines more for its services to recover money spent on the early stages of its third runway project.
Prime Minister Andy Burnham has said he wants major reform of the social care system in England, calling the current situation "bad for everybody".
An unauthorised car park near Stansted Airport has grown by nearly two-thirds since it was served with an enforcement notice to shut, a BBC investigation has found.
The Trump administration on Tuesday announced a ban on new foreign-made humanoid robot imports to the US over "unacceptable risks" to America's national security.
Young people in their 20s are facing a tougher start to adulthood than any generation in almost half a century, according to analysis of UK data on housing, employment and wealth, carried out for the …
Prime Minister Andy Burnham will have to raise taxes or cut spending to meet his pledges on defence and the cost of living, a major think tank has said.
Prime Minister Andy Burnham will have to raise taxes or cut spending to meet his pledges on defence and the cost of living, a major think tank has said.
Young people in their 20s are facing a tougher start to adulthood than any generation in almost half a century, according to analysis of UK data on housing, employment and wealth, carried out for the …
The company that got hacked by a rogue version of ChatGPT has revealed what it was like to be on the receiving end of the world's first fully-autonomous AI hack.
Celine Tsoi and Charles Mock met two years ago in Goleta, California when she was just 23 and he was 27. Eight months later they were engaged.
Brits going on holiday abroad this summer have been warned to watch out for dangerous travel adaptors, after an investigation suggested thousands may be for sale online.