Coca-Cola signs $1.1 bln deal to use Microsoft cloud, AI services

Yahoo TV UK
Race Across The World stars say they wish they brought same must-have item
The Race Across The World contestants have revealed the one item they wished they packed into their rucksacks that could have totally changed the race.
The Telegraph
How Putin’s gas empire crumbled
Vladimir Putin is throwing everything he has got at ramping up Russia’s war machine.
The Telegraph
Gazprom swings to £5bn loss in blow to Putin
Kremlin-owned natural gas giant Gazprom has plunged to its worst loss in at least 25 years in a blow to Vladimir Putin’s war economy.
AFP
Israel builds 'cyber dome' against Iran's hackers
Israel's Iron Dome defence system has long shielded it from incoming rockets."For the past two years, we have been developing a cyber dome against cyberattacks, which functions like the Iron Dome against rockets," he said.
The Independent
‘The decisions you’re making are going to end with a smoking hole in the ground’: Inside the Boeing catastrophe
‘They were always caught flat-footed by some terrible problem that many people in the workplace knew would happen... And that happened over and over and over and over and over again.’ Io Dodds reports on a corporate nightmare
AFP
Record loss for Russia's Gazprom as European market closed
Russian energy giant Gazprom said Thursday it suffered a record annual loss last year as the European market was practically shut to its gas exports due to sanctions over Moscow's military operation in Ukraine.Exports to Europe have long been Gazprom's top earnings source, but following the start of the conflict in Ukraine European nations sought to reduce their reliance upon Russian natural gas.
Reuters Videos
EVs are getting smarter and cheaper in China
STORY: Light-up emojis. Music for pedestrians outside. In China, electric carmakers are offering up luxury tech – without the luxury price tag – in the battle for buyers. Cars are being loaded with once-expensive interior features and technology for as low as $20,000 – less than half the cost of the average new car in the U.S. Analysts say that poses a big challenge for foreign heavyweights like Tesla and Volkswagen. This is the Nammi – on display here at the Beijing auto show. It’s made by state-owned automaker Dongfeng and sells for under $10,000. That’s around the same as BYD’s Seagull EV – China’s fourth best-selling electric vehicle. The market is also crowded with electric and plug-in vehicles that splash luxury technology. Xpeng is planning to offer an EV with high-level self-driving features – for under $21,000. Analysts say the price of specialized components like sensors needed for self-driving and screens for onboard entertainment has tumbled. That's making competition in the world’s largest auto market all the more fierce… And chipping away at the halo that once hung over foreign brands. That’s according to an outlook from McKinsey analysts released in March. Take Zeekr, for instance. It's the carmaker with those emojis. Here’s its Shanghai head of design, Javier-Garcia Gallardo: “When we see the differences between our product launch in China versus our product launch in Europe and, you know, the technical details are as important as the design and the brand. And this integration of technology is essential for the Chinese customer.” Still, German automakers say they’re not backing down. Here’s Mercedes-Benz CEO Ola Kallenius: “We have a dedicated digital tech team here all the way down to providing things like in the new E-Class, you can sing karaoke. Maybe you don't have that feature in Germany. Maybe you should. But here, customers love it.” Mercedes, as well as Volkswagen, both told Reuters they’re working to deliver those so-called “wow effects” for Chinese buyers.
The Telegraph
£7-a-bottle of olive oil ‘unlikely to come down in price’
Britain is at risk of olive oil shortages as the industry is wracked by a production crisis.
Reuters Videos
Apple unveils record buyback as results beat forecasts
STORY: Apple announced a record share buyback program on Thursday as the iPhone maker revealed a smaller-than-expected drop in revenue.The company upped its cash dividend by 4%, and is buying back $110 billion worth of stock.It's the largest buyback in Apple's history, fueling a jump in shares after hours.Apple reported a revenue drop of 4% to almost $91 billion in the fiscal second-quarter.That's not as steep a fall as analysts had predicted.A positive forecast came from CEO Tim Cook.He told Reuters the iPhone maker expects "to grow low-single digits" in overall revenue in the current quarter ending in June.Wall Street is predicting closer to 1.3% growth, according to LSEG data.The results and guidance suggest the company may be regaining its footing in the smartphone market, despite stiff competition and regulatory challenges.Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech firms in recent months.It's fallen 10% this year while struggling with weak iPhone demand and tough competition in the Chinese market.Smartphone rivals like Samsung have also introduced competing devices aimed at hosting artificial intelligence chatbots.Though Cook said Thursday that iPhone sales still experienced "growth in some markets, including China."He also said Apple has spent more than $100 billion on AI research and development in the past five years.And that the company would be sharing "some very exciting things" about its AI plans later this year.
TechCrunch
Apple adds more carve-outs to its EU core tech fee after criticism from devs
Apple is tweaking how it applies a new fee that can affect iOS developers in the European Union as it continues to configure its approach to the bloc's Digital Markets Act (DMA): Developers of free apps will be able to avoid the fee entirely under changes it announced Thursday, which apply from today, while other developers earning under a certain revenue threshold will get longer before they have to pay Apple the fee. The core technology fee (CTF) remains opt-in for iOS developers in the region, as Apple continues to offer its standard business terms, but those wanting to take up new entitlements the DMA has required Apple to offer -- such as allowing sideloading of apps, third-party app stores, and support for alternative payment tech than Apple's own -- must agree to the set of business terms that include the CTF (as Apple calls it).
TechCrunch
Spotify quietly moves lyrics behind a paywall
Spotify has apparently found a new way to push its free users to a paid subscription: It's putting lyrics behind a paywall. Instead, the company told TechCrunch simply that Spotify's features can vary over time, between markets and across devices. The response indicates the change to lyrics may be more than just a test but that Spotify isn't yet prepared to make an official announcement about affected markets.
Reuters
Apple to extend new core technology fee to iPadOS apps
Apple will extend a newly introduced core technology fee to iPadOS apps downloaded on its App Store after the operating system for iPads was added to a list of key services subject to EU tech rules, the iPhone maker said on Thursday. Apple in March announced a core technology fee (CTF) of 50 euro cents per user account per year for major app developers even if they do not use any of its payment services or its App Store, with the first 1 million user accounts exempted from the fee. The CTF is part of a set of new charges linked to changes to comply with the Digital Markets Act (DMA) which requires Apple to open up its closed ecosystem by allowing apps developers to distribute their iPhone apps directly to consumers instead of through its App Store, among other obligations.
Birmingham Live
Santander issues warning to mobile app users and says 'get ready'
In an email to customers, the high street banking giant - which is rivalled by the likes of TSB, Royal Bank of Scotland, NatWest, HSBC UK, Lloyds, Nationwide and more - explained the changes.
The Telegraph
How to make pension contributions to lower your tax bill
It’s no secret that people’s finances are creaking under the weight of a giant tax burden.
Manchester Evening News
Apple issues statement over iPhone alarm issue plaguing users
There are some tips which could fix the issue right now for some users
Bloomberg
Chinese Miners See Opportunities as BHP’s Mega Bid Unfolds
(Bloomberg) -- China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39 billion approach for rival Anglo American Plc, potentially the largest mining deal in over a decade.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTesla Axes Supercharger Team in Blow t
Daily Echo
Staff made redundant at the council will get less money now
Staff made redundant at Southampton City Council will now get less money.
Bloomberg
India Top Refiner Resumes Trade on Russian Sovcomflot Ships
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Millions in PrizesTesla Axes Supercharger Team in Blow to Broader EV MarketIndian Oil Corp. resu
Associated Press
Judge in landmark antitrust case grills Google, Justice during closing arguments
The judge overseeing a pivotal antitrust trial focused on whether Google is stifling competition and innovation repeatedly indicated Thursday that he believes it would be difficult for a formidable rival search engine to emerge. U.S. District Judge Amit Mehta went back and forth with Google’s lead litigator, John Schmidtlein, during the first day of the trial's closing arguments, questioning whether another company could amass the money and data needed to develop a search engine that could eventually compete against Google.
The Telegraph
North Sea oil drilling to continue for a decade after net zero deadline
Oil drilling in the North Sea is to continue for up to a decade beyond Britain’s net zero deadline after dozens of new licences were granted to fossil fuel companies.

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Coca-Cola signs $1.1 bln deal to use Microsoft cloud, AI services

Latest stories

Race Across The World stars say they wish they brought same must-have item

How Putin’s gas empire crumbled

Gazprom swings to £5bn loss in blow to Putin

Israel builds 'cyber dome' against Iran's hackers

‘The decisions you’re making are going to end with a smoking hole in the ground’: Inside the Boeing catastrophe

Record loss for Russia's Gazprom as European market closed

EVs are getting smarter and cheaper in China

£7-a-bottle of olive oil ‘unlikely to come down in price’

Apple unveils record buyback as results beat forecasts

Apple adds more carve-outs to its EU core tech fee after criticism from devs

Spotify quietly moves lyrics behind a paywall

Apple to extend new core technology fee to iPadOS apps

Santander issues warning to mobile app users and says 'get ready'

How to make pension contributions to lower your tax bill

Apple issues statement over iPhone alarm issue plaguing users

Chinese Miners See Opportunities as BHP’s Mega Bid Unfolds

Staff made redundant at the council will get less money now

India Top Refiner Resumes Trade on Russian Sovcomflot Ships

Judge in landmark antitrust case grills Google, Justice during closing arguments

North Sea oil drilling to continue for a decade after net zero deadline