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Ebay buys Depop for $1.2bn in effort to lure younger shoppers

Deal agreed to acquire British secondhand fashion resale app from Etsy as eBay attempts to fend off Amazon

Bill Gates cancels keynote speech in India amid questions over Epstein ties

Billionaire Microsoft co-founder pulls out of India’s AI Impact Summit to ‘ensure the focus’ remains on event’s ‘key priorities’

Retailers in UK plan to cut staff hours and jobs amid rising employment costs

BRC survey finds finance bosses expect technology to improve productivity, with 69% pessimistic about the economy

Countries that do not embrace AI could be left behind, says OpenAI’s George Osborne

Without AI you will be a ‘weaker and poorer nation’, says former UK chancellor two months into job at US firm

Openreach said yes to full fibre broadband, then branded it ‘uneconomical’

Its ‘fibre checker’ tool confirmed I could have a connection, but a month later it changed its mind

Claims that AI can help fix climate dismissed as greenwashing

Industry using ‘diversionary’ tactics, says analyst, as energy-hungry complex functions such as video generation and deep research proliferate

KPMG partner fined for using artificial intelligence to cheat in AI training test

Firm says person fined A$10,000 is one of over two dozen staff in Australia caught using AI in exams since July

TikTok creator ByteDance vows to curb AI video tool after Disney threat

Videos created by new Seedance 2.0 generator go viral, including one of Tom Cruise and Brad Pitt fighting

Rural drivers to face steepest bills under UK’s mileage-based electric vehicle tax

Analysis reveals big regional disparities as critics say Labour’s proposed levy could slow uptake of EVs

UK ad agencies undergo their biggest exodus of staff as AI threatens industry

Number of employees declined by more than 14% to 24,963 last year, with fall greatest among younger workers

AI is indeed coming – but there is also evidence to allay investor fears

Opinions are divided about the potential impact of artificial intelligence as the response to a recent viral essay shows

‘It’s over for us’: release of new AI video generator Seedance 2.0 spooks Hollywood

An AI clip featuring Tom Cruise and Brad Pitt fighting has caused concern among industry figures

Anthropic raises $30bn in latest round, valuing Claude bot maker at $380bn

Maker of chatbot with coding ability says annualised revenue grew tenfold in each of past three years, to $14bn

Shares in trucking and logistics firms plunge after AI freight tool launch

SemiCab platform by Algorhythm, previously considered a ‘penny stock’, sparks ‘category 5 paranoia’ across sector

Share values of property services firms tumble over fears of AI disruption

But despite second day of declines on Wall Street, analysts say sell-off ‘may overstate immediate risk to complex deal-making’ of AI

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