BUSINESS

Oracle has added about $700 million to its restructuring plan, lifting expected costs to roughly $2.8 billion as AI and cloud investment continues alongside efficiency measures.

Revolut says a fake government request exposed passports, selfies and financial data belonging to a limited number of customers, without hacking its systems.

Ruiz Foods plans to eliminate 176 jobs at its Dinuba plant, including 170 layoffs on 4 November, as the facility moves to a five-day production schedule.

Bread Ahead founder Matthew Jones says Borough Market will not renew its lease, putting 83 London jobs at risk as talks over the bakery continue.

Tesla Cybercab rides have begun in Austin, but firefighters question how to move a stalled vehicle. NHTSA is auditing about 1,000 Cybercabs.

OpenAI's ChatGPT for Financial Services automates research, modeling, and pitchbooks, helping cut down the 100-hour workweek and boost productivity with AI-driven financial analysis.

The privacy issues with LG smart TVs, including data collection, audio recording, and network scanning, and their impact on consumer trust and the value of viewing data.

Justine Musk alleges that Elon Musk referred to the mothers of his children as 'breeders' in Alex Gibney's documentary, which examines his relationships, business career, and political influence.

Netflix faces boycott calls after its UK account's 'neck injury' post landed on the Charlie Kirk anniversary. Users posted cancellations, yet the stock closed flat, and Netflix denies any link.

AI remains a significant factor in US layoffs, but restructuring has emerged as a leading cause. The labour market is evolving, with AI reshaping tasks rather than directly replacing jobs.

Uber has ended ride-hailing operations in Nigeria after 12 years, leaving drivers and riders to adjust as the company redirects investment and restructures its global business.

Parental gifts fund down payments for 22% of first-time US buyers, but advisers warn of IRS limits, lender paperwork, and retirement risk.

Sydney Sweeney's nude Novig ad grabbed the headlines, but the buried story is her equity stake in the betting app critics link to young men's mounting financial losses.

Amazon faces a nationwide class-action lawsuit over discrimination against pregnant warehouse workers, alleging denied accommodations and unfair dismissals, raising concerns about workers' rights.

A major outage on Vinted left over 6,000 users unable to access their accounts, sparking panic over transactions and balances. Vinted is working to resolve the technical issues.

England's students maintain stable reading scores in PISA 2025, outperforming Finland and matching the US, despite a global decline in reading proficiency across OECD countries.

OECD's PISA 2025 report shows a significant drop in reading scores among 15-year-olds, linked to increased screen time and less reading for pleasure, impacting future educational and career prospects.