Who wants to be a trillionaire? Musk in the race as Tesla profits hit record October 21, 2021 Morgan Stanley analysts believe Tesla’s founder and chief executive Elon Musk could become the world’s first trillionaire after the company’s results hit records, the Telegraph reported. The company’s revenues jumped 57 per cent to $13.7bn, with an operating income of $2bn and a 30 per cent increase in automotive gross margin while its shares more [...]
Trump to launch social media app, TRUTH Social October 21, 2021 Former U.S. President Donald Trump will launch his own social media app, TRUTH Social to "create a rival to the liberal media consortium and fight back against the "Big Tech” companies of Silicon Valley."
Potential Covid Plan C could ban household mixing October 21, 2021 Under a potential Plan C for Covid-19 that is currently being discussed by Cabinet officials, household mixing could be banned, the Telegraph reported. Health secretary Sajid Javid said “at this point” the government would not implement measures such as mandatory masks, vaccine passports and the advice to work from home, instead recommending people to meet [...]
COP26: Khan to call for cities like London to have greater powers and funding October 20, 2021 London mayor Sadiq Khan will use the upcoming COP26 to vouch for cities like London to have greater powers and funding. It forms part of the mayors bid to “tackle the twin dangers of the climate emergency and toxic air pollution”, his spokesperson told City PM “The mayor will use COP26 to highlight how London is [...]
Boris Johnson considers calls from Tory MP to legalise magic mushroom drug October 20, 2021 Prime Minister Boris Johnson has told Tory MP Crispin Blunt he will look at the latest advice on the legalisation of psilocybin. The psychedelic drug is found in magic mushrooms. Blunt has urged Johnson to review the law to allow more research into the drug’s potential to provide treatment for depression, trauma and addiction The [...]
Advisers call on FCA to strengthen investor protections following Woodford collapse October 19, 2021 Financial advisers have called on the City’s watchdog to impose stronger investor protections where illiquid assets are held in funds, drawing on lessons learned from the collapse of Neil Woodford’s flagship fund. Since the fund was shuttered by former star stockpicker Woodford in late 2019, the biggest lesson learned among financial advisers was to give [...]
Facebook and Instagram promoting ‘misogyny,’ investigation finds October 18, 2021 Social media giants like Facebook are set to face further questions after a new investigation has revealed platform algorithms actively promote misogynistic content to certain users. Facebook and Instagram users who show signs of hostility towards women online are more likely to then have pages recommended to them that reference sexual violence, disturbing memes about [...]
Walking, cycling and urban greening: Meet London’s green development priorities October 18, 2021 London’s mayor Sadiq Khan has announced that, as part of his plan to make London net zero by 2030, new developments will need to be greener and prioritise energy efficiency and space for walking and cycling. Set today by Khan, the three pieces of new guidance – called Be Seen Energy Monitoring, Urban Greening Factor [...]
Gove the gardener: Are plans for a Tulip tower in London set to bloom again? October 17, 2021 Tulip fever is heading to London, with housing secretary Michael Gove tipped to overule London mayor Sadiq Khan’s decision to squash plans for a flower-inspired skyscraper in the City. Gove is expected to give the plans for a 300m tower the OK, the Telegraph reported, which would overturn Khan’s 2019 decision against the Tulip. At [...]
Obama to attend COP26 and meet activists October 16, 2021 Former US President Barack Obama has announced his attendance at the COP26 summit, which will take place between 31 October and 12 November in Glasgow. “Barack Obama will meet with activists and put the threat of climate change in [a] broader context – laying out the important progress made since the Paris Agreement took effect, [...]
