Microsoft says AI is getting deployed ‘at scale’
The tech giant's AI success has caused shares to surge, after its market value passed $3tn.
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Sky to cut 1,000 jobs in move towards digital
The firm will cut 4% of its workforce, mainly from its engineering arm, as fewer people use satellites.
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Warning cost of car insurance to rise this year
The Financial Conduct Authority says it was "monitoring" the sharp rise in insurance premiums.
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Morrisons agrees to sell forecourts arm in £2.5bn tie-up
Motor Fuel Group will also take on hundreds of Morrisons' electric vehicle charging sites.
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Number of companies going bust hits 30-year high
More than 25,000 firms went under last year in England and Wales, as they struggled with rising costs.
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UPS to cut 12,000 jobs after ‘disappointing’ year
The parcel delivery giant said it was looking for $1bn in savings, as AI makes up for the jobs.
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IMF warns UK government against further tax cuts
The International Monetary Fund suggests pencilled-in spending cuts from this year are unrealistic.
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HSBC fined £57.4m for customer deposit protection failings
The Bank of England says there were "serious failings" in HSBC's measures to protect customer deposits.
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Toyota recalls 50,000 US vehicles over airbag ‘injury or death’ fears
The motor industry giant has warned that Takata airbag inflators could explode and kill people.
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Elon Musk says Neuralink implanted wireless brain chip
The company intends for such chips to eventually help tackle complex medical conditions.
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