Industry
Poundland in rescue talks as owners seek buyer
Retail chain Poundland is in talks with potential buyers as it seeks a rescue deal, it has confirmed. Executives are working with an Irish property development group on a management buyout, as first reported by Sky News, external . But a union representing shopworkers warned that the retailer could fall into administration if that deal falls through, putting thousands of jobs at risk. This outcome would be a disaster for our members, the Usdaw union said. Poundland has about 600 stores in the UK and Ireland, and 12,000 employees.
Chip stocks slide after Broadcom boss likens AI investing to 'casino'
CXMT said it had made good progress on new DRAM architecture that would boost chip memory density. CXMT said it had made good progress on new DRAM architecture that would boost chip memory density. Tue 13 Oct 2026 05.48 EDTFirst published on Tue 13 Oct 2026 04.01 EDT Shares in semiconductor companies fell on Tuesday after the boss of Broadcom compared many AI investors to "casino" gamblers, and the Chinese memory chip maker CXMT said it had made good progress on a new chip architecture. Japan's Nikkei fell 1.8% and the Taiwan exchange lost almost 2%, with the country's chip maker TSMC down by a similar amount. Samsung Electronics shares dropped 7.4% on the South Korean exchange, while the memory chip maker SK Hynix was down 10%.
Raye hits back at ticket touts who 'overwhelmed' sign-up for Albert Hall show
Raye hits back at ticket touts who'overwhelmed' sign-up for Albert Hall show Raye has hit back at ticket touts who she says overwhelmed the sign-up process for an upcoming live show by using AI bots to create hundreds of thousands of fake registrations. The Where Is My Husband! singer revealed there were 1.8 million sign-ups for her one-off 5,000-seat performance at the Royal Albert Hall on 23 October. To avoid a pre-sale which she felt scalpers could exploit, Raye said the sign-up list had been manually reviewed to identify a shortlist of people believed to be real fans. The award-winning artist said she had never witnessed bots on this scale and was changing the process as it is so important to her that fans can buy tickets at the face value price. I'm not sure what the future holds for ticketing, I do know this experience has really opened my eyes, she said in a statement shared on her social media accounts, external .
AI godfather Geoffrey Hinton: Trump is 'corrupt, senile felon' who knows nothing about AI
'We're creating alien beings and the reality is we only have a couple of years to adapt to that' computer scientist Geoffrey Hinton in Toronto, Ontario. AI godfather Geoffrey Hinton: Trump is'corrupt, senile felon' who knows nothing about AI'We're creating alien beings and the reality is we only have a couple of years to adapt to that' computer scientist Geoffrey Hinton in Toronto, Ontario. Pioneering computer scientist on why Trump is using'superintelligence' wrong, whether AI could wipe out humanity - and how our biggest challenge will be accepting we're not the only intelligent beings Donald Trump is a "corrupt, senile felon" whose fixation on the term superintelligence proves he knows nothing about AI, said Geoffrey Hinton, "godfather" of the technology, in a wide-ranging interview where he doubled down on recent warnings that AI models pose an existential threat to humanity and scoffed at claims the industry could regulate itself. The pioneering computer scientist, whose work helped lay the foundations of modern AI, has since become one of the technology's most vocal critics. His latest remarks come after a tumultuous month during which a growing list of senior AI scientists and researchers have joined Hinton in ringing the alarm about how the technology he helped create could ultimately escape human control, sparking an industry crisis, the hasty assembly of congressional meetings and a rare global consensus that something must be done.
AI labs are buying data from dead startups to train their models
A new industry is giving their data an afterlife in AI. When Keelan Miskell began winding down his crypto startup this year, he didn't think its data was worth much: the users were anonymous, the company just a few years old. But he's since turned the firm's digital archives into real money. He's netted roughly $25,000 for his code base and a still-pending amount (likely around $15,000) for the workspace data in Google, Notion, Figma, and Slack. "At least all that stuff we were doing for two and a half years is worth something to someone somewhere," he says. The sale was brokered by a company called SimpleClosure, part of a new growth sector in tech: businesses catering to dying startups.
Ship sinks in new drone attack off Bulgaria, PM summons Russian ambassador
Image caption, Five crew members on the Ukrainian-registered merchant ship suffered minor injuries in Tuesday's attacks A merchant ship has sunk after drones hit two vessels off Bulgaria's Black Sea coast, Prime Minister Rumen Radev has said. He indicated Russia was suspected of the attacks and that he had called in its ambassador. One of the ships went down 17 nautical miles (31km) east of Krapets and one crew member was saved, he said. The other, Ukrainian-owned vessel was hit by three drones 18 nautical miles from the town of Byala and all 15 crew were rescued, he added. The drone attacks come a week after two other commercial ships were hit by sea and aerial drones in Bulgaria's exclusive economic zone.
Cut screen time in classrooms to avoid long-term health issues, government urged
The amount of time children in England spend on screens at school could be harming their physical and developmental health, a group of more than 150 clinicians has warned. GPs, paediatricians and other specialists said in an open letter to Education Secretary Lucy Powell and Health Secretary Yvette Cooper that tablets and laptops are being used without a full understanding of their long-term health impacts, including on eye health. The clinicians said they are prescribing glasses, hearing aids and speech therapy to children for a problem that is unintentionally being made worse in our schools. The government said it was consulting on screen time guidance for children aged five to 18 but that technology could be a powerful learning tool if used properly. The group of clinicians said nearly one million children are using screens in most lessons, despite studies suggesting a rise in short-sightedness.
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