Business

UPDATED, with Media Matters response: Elon Musk has promised to file what he terms a “thermonuclear lawsuit” against progressive media watchdog Media Matters and others, as the list of companies pausing their advertising on his social media platform grows longer. Musk posted on X, formerly known as Twitter, Friday evening, to say: “The split second

A court hearing to liquidate a Barclay family holding companies in order to smooth a sale of The Daily Telegraph is poised to be adjourned after a last-gasp offer to repay more than £1bn to Lloyds Banking Group. Sky News understands that a hearing scheduled to take place in the British Virgin Islands on Monday

UPDATE, 7:52 PM: Just over 24 hours after Cassandra Ventura filed a rape and abuse lawsuit against her former longtime boyfriend Sean Combs, the singer and the music mogul ended the incendiary matter. “I have decided to resolve this matter amicably on terms that I have some level of control,” Ventura a.k.a. Cassie said in a

The chief executive of OpenAI – the firm behind viral chatbot ChatGPT – has been ousted after the board said it no longer has confidence in him. Sam Altman is to depart and will be replaced in the interim by Mira Murati, who is currently chief technology officer for the artificial intelligence company. In a

A coalition of media organizations, including CNN, C-SPAN and The New York Times, says that the Constitution requires televised access to Donald Trump‘s upcoming criminal trial on federal conspiracy charges. Responding to special counsel Jack Smith‘s opposition to televised proceedings, the coalition’s attorneys wrote in a filing today that “well-established that constitutional speech rights include

Sir Jim Ratcliffe and the Glazer family are on the brink of finalising a $33-a-share deal that will see the petrochemicals tycoon acquiring a 25% stake in Manchester United Football Club. Sky News can reveal that months of talks between the Ineos billionaire and the Red Devils’ controlling investors for the last 18 years have

A man leaped to his death from a parking structure at Disneyland on Wednesday, police said, marking the third such incident at the Anaheim park in less than a year. A caller alerted police at about 9:30 p.m. that a person had jumped from the Pixar Pals structure on Magic Way. Officers found a man

The government has announced plans to remove benefits and step up monitoring of welfare recipients in an effort to bring more people into work. Job seekers will have benefits such as free prescriptions and legal aid removed if they’re judged not to be looking for work under the chancellor’s Back to Work Plan which aims

EXCLUSIVE: Futureverse, an artificial intelligence and metaverse technology and content company, has signed with Creative Artists Agency.  CAA and Futureverse will work collaboratively to create new opportunities for talent and IP, spanning web3, the metaverse, virtual games, worlds and experiences, AI, and beyond.  Futureverse has amassed a cultural footprint with global IP and entertainment properties, including

Hotel Chocolat has agreed to a £534m takeover offer from Mars, the maker of goods from Snickers bars to Pedigree dog food. The UK specialist chocolatier retailer said the offer represented a 170% premium to its London share price of 139p and the deal would allow its brand to expand internationally This breaking news story

UPDATE: Capitol Police said that six officers were treated for injuries, “ranging from minor cuts to being pepper sprayed to being punched.” In a statement, police said that one person was arrested for assault on an officer. “We appreciate our officers who kept these illegal & violent protesters back & protected everyone in the area,”

Manchester United has confirmed its chief executive of two years, Richard Arnold, “has decided to step down” as part of a “management transition”. The development was revealed shortly after Sky News reported that Mr Arnold would be replaced by the club’s general counsel, Patrick Stewart, on an interim basis. The change is taking place as

Former National Association of Theatre Owners executives John Fithian, Patrick Corcoran and Jackie Brenneman have launched a new consulting firm The Fithian Group to advise global exhibition clients on strategy, partnerships, innovation and strategic communications.  “We have spent the last couple of decades helping to guide the cinema industry through the biggest challenges it has

The chief executive of Manchester United Football Club is to leave after just two years in the job as its owners finalise the sale of a minority stake to the petrochemicals billionaire Sir Jim Ratcliffe. Sky News has learnt that the Old Trafford club will announce to the New York Stock Exchange later on Wednesday

MPTF is launching the “Back to Work” campaign, a fundraiser to assist crew members impacted financially by the Hollywood strikes. “While the agreement between the WGA and AMPTP and the tentative agreement between SAG-AFTRA and AMPTP are certainly encouraging, our crews will continue to struggle for many months to come,” Bob Beitcher, MPTF President &

The chancellor has agreed to address the CBI’s first public event since the business lobbying group was plunged into crisis earlier this year. Sky News has learnt that Jeremy Hunt will be among the keynote speakers at the CBI’s annual conference in London next week, just seven months after declaring that there was “no point”

EXCLUSIVE: After 35-plus years as a touring stand-up comedian, Lewis Black is preparing to park his tour bus for good. On the road through next month to wrap up his 2023 Off the Rails tour, Black this morning unveiled the dates for Goodbye Yeller Brick Road, The Final Tour, which is set to take place

The pace of wage growth has eased back from a record level, according to official figures that also showed no change in the UK’s jobless rate despite the tough economy. The Office for National Statistics (ONS) reported that average wages excluding bonuses were 7.7% higher than a year earlier in the three months to September.

Not a ton of winning to report here: A new SEC filing shows that Donald Trump‘s Truth Social lost some $73 million in net sales in its first 16 months. In a sprawling, 530-page filing with the federal Securities and Exchange Commission (see it here), the social media platform championed by the former president lost