Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles

Company says it will cut about 200 employees as value plummets in aftermath of huge data breach

UK grocery inflation picks up to 2.3%; unemployment rises while regular wage growth slows – as it happened

Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low

Tycoon might help president-elect realise that race for artificial general intelligence is a ‘suicide race’, says Max Tegmark

Price has more than doubled in a year as traders hope Trump will favour crypto when he returns to White House

Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%

Rise in unemployment in low hundreds of thousands as technology creates roles, Tony Blair Institute suggests

Firm says changes to employers’ national insurance and minimum wage rise will add to costs as it cuts forecasts

Heads of Amazon, Meta and Apple swift to congratulate Trump as Musk celebrates and declares victory for himself

Initial test run of GPT-4o technology can help with regulations but ‘cannot provide predictions or opinions’

As competition watchdog looks poised to approve tie-up, questions raised over what it could mean for prices, competition and investment

Abdo Mohamed and Hossam Nasr organized event outside headquarters to reject company doing business in Israel

Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone

Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast

Plans are further blow to Europe’s hopes of creating a homegrown electric car battery

Experts say top chief executives are treading a fine line to avoid any backlash in the event of a Trump victory