UK becomes first major economy to pay 6% to borrow since eurozone crisis as bond market rout pushes yields to highest since 1998
The surge in yields on UK 30-year bonds, known as gilts, meant investors were charging as much to lend to Britain as they did to beleaguered Italy in 2012.
Burnham's bond nightmare means bigger bills for already hard-pressed households, warns ALEX BRUMMER
In 2022, the governments of Boris Johnson and successor Liz Truss came under intense pressure to mitigate fuel costs for British households.
Ryan Roslansky Is Leaving After Nearly 18 Years At LinkedIn and Microsoft
Ryan Roslansky is leaving Microsoft and LinkedIn after nearly 18 years, triggering another leadership shuffle across Office and Teams. "Roslansky, who until recently was the CEO of LinkedIn, was promoted to the head of Office last year and then took control of Microsoft Teams earlier this year," notes The Verge. From the report: "Ryan leaves the organization in a strong position," says Microsoft CEO Satya Nadella in an internal memo. "Over the past year, Ryan's team has done critical work bringing together the product, engineering, and design foundations that have made this next phase possible."
Roslansky is leaving a week after Microsoft announced its new Copilot, which the company is positioning as "the OS for work." He's also leaving around a month after calling fully AI-generated documents "a doom loop" for workers. "If we're not careful, we'll end up with a very expensive way to avoid writing and reading in an ocean of sameness, genericness," said Roslansky in his LinkedIn post.
Microsoft is now moving the teams behind Office and Microsoft Teams over to Charles Lamanna, as part of the Copilot, Agents, and Platform (CAP) organization. [...] Microsoft's chief design officer, Jon Friedman, is also moving to report to Copilot chief Jacob Andreou. Microsoft appointed Dan Shapero as its LinkedIn CEO earlier this year, and he will continue in this role and report directly to Nadella.
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Parents of newborn baby girl who 'died after ingesting cocaine through breast feeding' avoid prison sentence
Darcey Maunder was discovered unresponsive on a bed in a hotel in Newquay, Cornwall on November 11.
Urgent hunt for two men caught on camera killing and poaching gorgeous black bear on private property
The Washington Department of Fish and Wildlife said it received a tip about the suspected poaching from an Oso resident on September 20.
Cloudflare tries to outplay Jev with open-weight Clef models
Sure, it costs more, but it can handle images and video and it's available on Hugging Face if you have the hardware horsepower to run it locally
Policewoman is chased down the street, kicked to the ground and beaten by mob as riots rock France
A policewoman armed with a teargas cannister has been chased and kicked to the ground by a gang of young rioters as social media is flooded with footage of escalating protests across France.
'Heartbroken' British father fears he'll never see his six-year-old son again after boy's mother took him to Peru - and authorities say they are powerless to act
Asim Hanif, 48, from West London, has described feeling 'emotionally wrecked' since Aidan, six, was effectively abducted from the UK by his Peruvian-born mother, Karen Perales in 2024.
Bungling Andy Burnham is criticised for ANOTHER error in attempting to clarify his statement on Man City case after being called out for 'tone-deaf' response following 'concern' over losing Abu Dhabi owners
Burnham's claim that he would be 'really concerned' if City's owners were to sell the club after it was found guilty of serious breaches of the financial regulations has been hit by widespread criticism.
White female cop convicted of shooting black neighbor dead after mistaking his apartment for her own is freed from prison after seven years
Amber Guyger, a former Dallas police officer, was granted parole on Thursday after being sentenced to 10 years behind bars over the death of Botham Jean.
Pensioner, 92, admits killing his 87-year-old wife in 'failed suicide pact'
Laurence Billam, 92, suffocated his wife Shirley, 87, with a pillow at their Devon apartment before taking an overdose of prescribed medication on Sunday, April 19.
Stanford prof is beating the drum for a new protocol to replace TCP
Homa is a rethink of networks for the AI age
Micron Projects Tightening RAM Shortages Through 2028 As It Generates Record Profit
Micron says the global RAM and storage shortage will tighten further through 2027 and 2028, with CEO Sanjay Mehrotra saying the company has already sold most of next year's capacity. "In calendar 2027 as well as 2028, we see demand exceeding supply. In fact, we see greater tightness in the industry in 2027 and in 2028 versus 2026. Overall, supply-demand environment is only getting tighter," Mehrotra said. "We do not have line of sight to when supply and demand will return to balance." As a result, the company is forecasting record revenue and an 86.25% gross margin. Tom's Hardware reports: The memory and storage industry is not holding back on increasing production, though, with Micron saying that NAND and DRAM shipments are expected to grow in the low-to-mid 20s percentage range for the next two years. However, it seems that this is not enough to match growing demand, as it expects "the industry to remain supply constrained in both years." Still, it seems that manufacturers are prioritizing HBM demand for AI data centers, with the company expecting shipments of these chips to grow faster than conventional DRAM.
Micron and other chip manufacturers are bringing new factories online to increase output, but it's going to take years before they can start producing chips. But even as we're amid an unprecedented multi-year memory chip shortage, Micron also announced record financial guidance. It forecasted a record $61.5 billion FQ1 revenue and a gross margin of 86.25%, implying a gross profit of more than $53 billion. After accounting for an estimated $2.06 billion in operating expenses and a tax rate of around 15.5%, the company said its earnings per share sit at $38.15, plus or minus $1.00, for approximately 1.15 billion shares.
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Renee Nicole Good's family sues federal government after she was shot dead by ICE agent in Minneapolis
Renee Good died after an altercation with an ICE officer in Minnesota earlier this year.
Walking to school slashes risk of poor mental health, study suggests
Researchers said 'every step counts' when it comes to not only physical but mental health, with active youngsters displaying changes in their brains linked to movement and mood.
Social media firms failing to protect users from misleading and harmful health adverts, regulator warns
Advertising Standards Authority said online advertising had 'amplified harms' and called on the likes of Google and Meta to do more to stop dangerous health claims reaching users.
'Feral thug' who murdered Sophie Lancaster for being dressed as a goth in 2007 cleared for release despite denying he even touched her
Sophie, 20, spent her last moments cradling her boyfriend's head in her lap as teenage thugs Ryan Herbert and Brendan Harris kicked and beat her unconscious.
Armed police swarm to migrant hotel and make arrest after 'man attacked with a machete'
Officers were called to Boscombe Chine Gardens in Bournemouth, Dorset, at around 12.40pm on Thursday after calls about an altercation involving two men.
Traditional Aunt Bessie is killed off in woke modern redesign - with a MUCH younger woman now the face of the brand
Gone are Aunt Bessie's apple cheeks and the large bowl of batter she is holding in favour of a 'more contemporary' and 'welcoming' character with open arms.
Erling Haaland is SUING a Norwegian airline after they launched a World Cup advert with a plane sporting his ponytail haircut
Airline Norwegian Air Shuttle ASA used an image during the World Cup of a plane with Haaland's hair edited onto it, and the forward has failed to see the funny side of things.