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Andy Burnham will tell firms bidding for public contracts to prove they are creating jobs rather than meeting green and social targets in a bid to get more people into work.The prime minister will overhaul the £90bn public procurement system so bidders have to show they are supporting young people into work and addressing local skills shortages.It comes as the government seeks to tackle the youth unemployment crisis, with Burnham saying he wants to create “growth in every postcode”.But green groups criticised the plans, arguing supporting young people into work should not come at the expense of the environment.Companies bidding…
Disney is “exploring a free product” for streaming customers, CEO Josh D’Amaro confirmed in a call with investors today. D’Amaro, who succeeded Bob Iger as Disney’s chief in March, said that a free Disney-owned streaming service would help Disney reach more “price-sensitive” customers, which is a “strategic priority” for Disney, according to a transcript of the call. A free streaming service would also generate more ad revenue, which has become increasingly important for streaming services challenged by plateauing subscriber numbers, subscriber churn, and competition from cheaper and free rivals. “Unlike a lot of our AVOD [advertising video on demand] competitors, we’re…
The driver of the vehicle, Henry Long, received a 16-year sentence and is not eligible for early release. Speaking on the Today programme, Thames Valley Police chief Jason Hogg urged the government to reconsider its position.Only prisoners convicted of murder, rape, grooming, and serious child sex offences will be excluded from the scheme in England and Wales – while those convicted of manslaughter remain eligible.”I fully understand the challenges around the crisis in the prison system,” he said. “But the decision made and where that line has been drawn, I do not believe that people responsible for taking the life…
Traders work on the floor of the New York Stock Exchange. NYSETuesday’s rally was so intense that it’s shaking up some of the usual assumptions around volatility pricing.The Cboe Volatility Index (VIX) – sometimes referred to as the stock market’s “fear gauge” – rose a full point in the midst of Tuesday’s breakout 1.8% rally in the S&P 500. As stocks extended gains in the first hour of trading Wednesday, the volatility gauge was up alongside equities again. As the market softened and reversed, the VIX fell.Stock Chart IconStock chart iconThe VIX index and the S&P 500 in the past…
Jay Parikh, executive vice president of CoreAI at Microsoft, speaks at a Siemens news conference at the Consumer Electronics Show in Las Vegas on Jan. 6, 2026.Caroline Brehman | AFP | Getty ImagesMicrosoft is telling developers working on AI coding projects to rely on OpenAI’s top-tier model over rival products as part of an effort to maximize efficiency.”Internally, shifting more workloads to OpenAI models helps us get greater value from our token investment,” Jay Parikh, executive vice president of Microsoft’s CoreAI engineering group, wrote this week in a memo to employees that was viewed by CNBC. Tokens measure the scale…
Laura Trott, shadow education secretary for the Conservatives, and Munira Wilson, education spokeswoman for the Liberal Democrats, are among MPs who have signed the letter.Tom Gordon, Liberal Democrat MP for Harrogate and Knaresborough, also signed the letter and told the BBC he could not “see an end in sight” to his own Plan 2 student loan repayments. Instead, he said he expected his debt to be written off after 30 years in line with the repayment terms.”If someone earning an MP’s salary still isn’t likely to repay their student loan in full, what chance does someone on a much lower…
The company set up a pair of dual-rail qubits, each containing two coupled resonators. Between them was a tunable coupler that could be switched on or off. Depending on the state of this coupler, the two qubits would either operate independently or interact. Practically, this involves setting the coupler so that one qubit (termed the control qubit) partially occupies the coupler, allowing it to interact with the second. Running an entangling gate turned out to be extremely simple: Activate the connection, wait, and then shut it off again. The “wait” portion would not even give you time to check your…
Sen. Marsha Blackburn (R-TN) speaks during a rally organized by Accountable Tech and Design It For Us to hold tech and social media companies accountable for taking steps to protect kids and teens online on January 31, 2024 in Washington, D.C.Jemal Countess | Getty Images Entertainment | Getty ImagesThe Kids Online Safety Act, known as KOSA, cleared a key hurdle Wednesday by advancing through the Senate Commerce, Science and Transportation Committee.The measure, which has strong bipartisan support, is aimed at establishing protections for children’s online safety by creating parental controls and studying the impact of social media on the well-being…
Google’s AI divisions are getting reshuffled, the search giant announced on Wednesday, with chief scientist Jeff Dean leaving the company after 27 years. Demis Hassabis, the CEO of Google DeepMind, is moving into a chairman role of that unit and also assuming the title chief scientist of parent company Alphabet, according to a memo from CEO Sundar Pichai that was posted to Google’s blog. Alpahbet shares fell about 4% after the announcement.Dean, a pioneer in artificial intelligence who’s been credited with some of Google’s most important technical breakthroughs, is starting his own company along with Google senior fellow Sanjay Ghemawat,…
A former neo-Nazi selected by the Conservatives to fight a council election next year has pulled out after a backlash against his candidacy.Joshua Bonehill-Paine was convicted of racially harassing Jewish former Labour MP Luciana Berger in 2016, while already serving a separate jail sentence for sharing antisemitic posts.Tory leader Kemi Badenoch had defended the decision to select him as a candidate for the new Somerset Council seat of Crewkerne South, saying he had been rehabilitated and her party “believes in second chances”.But Bonehill-Paine said he had now withdrawn his candidacy, and had been offered a position as an anti-extremism adviser…
