One of the things that made President Donald Trump’s inauguration distinctive was the prominence of Silicon Valley’s elite. The three richest men in the world were easily identifiable: Elon Musk, Jeff Bezos And Mark Zuckerberg. And that’s not to mention some billionaires who are not placed directly in view of the cameras. When you add … Read more
Companies are offering their employees days off, gift vouchers or access to interest-free loans to help them cope with “Blue Monday”. Today – the third Monday in January – is considered the most depressing day of the year, with people feeling the pinch of a very long period between payday, culminating with the end of … Read more
TikTok began restoring the app’s service in the United States after Donald Trump announced he would sign an executive order suspending its ban. A law signed by President Joe Biden last April required ByteDance, TikTok‘s China-based parent company to sell app to non-Chinese owner by Sunday or face a ban. Some users reported losing access … Read more
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, testifies during his Senate Finance Committee confirmation hearing in the Dirksen Building on January 16, 2025. Tom Williams/CQ-Roll Call, Inc via Getty Images President-elect Donald Trump’s pick to become Treasury secretary, Scott Bessent fielded pointed questions Thursday during his confirmation hearing from Democrats and Republicans. tax … Read more
The government does not believe Donald Trump will impose tariffs on the UK but is “prepared for all scenarios”, a minister has said. Darren Jones, the chief secretary to the Treasury, said Sky News Sunday Morning with Trevor Phillips that the former president’s return to the White House “could be an extremely positive thing with … Read more
Asda’s private equity fund has reached an agreement to acquire a majority stake in a group specializing in supporting British SMEs. Sky News has learned that TDR Capital has agreed to acquire a majority stake in CorpAcq, less than six months after the so-called “corporate compounder” aborted a US listing deal. City sources said this … Read more
In the United States, TikTok users open the app and find a message saying they “cannot use” the social media platform “at this time” due to a law enacted in Washington. A ban on the app was set to take effect today after outgoing President Joe Biden signed a law last year requiring ByteDance, TikTok’s … Read more
One of the co-founders of Angel City Football Club, the American side of the National Women’s Soccer League (NWSL), is preparing a transatlantic operation which would see her investment vehicle acquire a stake in the Chelsea FC women’s team. Sky News has learned that Monarch Collective, jointly led by Kara Nortman, is among parties considering … Read more
The owner of Poundland, one of Britain’s biggest discount retailers, has called on city councilors to explore radical options to end the growing crisis at the chain. Sky News has learned that the Pepco Group, which has owned Poundland since 2016, has hired consultants from AlixPartners to deal with a decline in sales which has … Read more
TikTok said it could go dark on Sunday in the United States after the Supreme Court ruled against its attempt to avoid a ban that could shut down the app. THE impending ban is the end result of legislation passed in 2024 on national security grounds, which called for ByteDance, TikTok’s parent company, to sell … Read more