News

Magazine archive
Steven Bartlett’s fortune soars as new $425m valuation cements his status among richest Dragons

Steven Bartlett, the entrepreneur and Diary of a CEO host, has revealed his business empire has been valued at $425 million (£320 million) following a major eight-figure investment — a deal that cements his position as one of the richest entrepreneurs ever to appear on Dragons’ Den. The 33-year-old investor, who joined the BBC show in 2022, announced the new valuation through a press statement this week. The deal sees venture capital firms Slow Ventures...

Trump predicts ‘very happy’ outcome ahead of face-to-face with China’s Xi after tariff threats

President Donald Trump predicted that his meeting with Chinese President Xi Jinping would prove beneficial amid ongoing trade negotiations between the two countries during Trump’s Asia trip. ‘We’re going to be going to South Korea and, the following day, meeting with President Xi…that’s a big meeting and I think it’s going to work out very well, actually,’ Trump said during an event for business leaders at the U.S. ambassador’s residence in Tokyo Tuesday. The White...

House Democrats accuse Trump of trying to ‘steal’ $230M from taxpayers through DOJ

House Democrats accused President Donald Trump on Monday of attempting to use the Department of Justice to improperly pay himself for legal damages he has incurred over the past decade, and they demanded senior department officials recuse themselves from the matter. In a public letter to Attorney General Pam Bondi, Deputy Attorney General Todd Blanche and senior official Stanley Woodward, House Judiciary Committee Democrats called the possible payout ‘a blatantly illegal and unconstitutional effort to...

Schumer again blocks GOP bid to reopen government as air traffic controllers go unpaid

Senate Democrats on Tuesday blocked Republicans’ 13th attempt to reopen the government after having nearly a week to mull their options — and with a series of pressure-point deadlines rapidly closing in. On the 28th day of the shutdown, Senate Majority Leader John Thune, R-S.D., tried to advance the House-passed continuing resolution (CR) and was again foiled by Senate Minority Leader Chuck Schumer, D-N.Y., and the Democratic caucus. Failure to reopen the government on Tuesday...

Trump rallies US military’s might, floats armed forces pay raise in address to troops in Japan

President Donald Trump spoke to U.S. service members aboard the nuclear-powered aircraft carrier George Washington in Yokosuka, Japan, Tuesday morning to promote his administration’s ‘peace through strength’ military messaging on the world stage.  ‘A year and a half ago, we had a different country than we do right now,’ Trump told the military members. ‘Now we’re the most respected country in the world, we’re the hottest country anywhere in the world. And it hasn’t taken...

Trump files ‘powerhouse’ appeal in ‘politically charged’ Manhattan district attorney case

President Donald Trump’s legal team filed a ‘powerhouse’ appeal in Manhattan District Attorney Alvin Bragg’s case against him, demanding the verdict be thrown out and that the ‘most politically charged prosecution in our Nation’s history,’ as they called it, be dismissed altogether. Fox News Digital obtained the 111-page appeal filed in New York Supreme Court’s Appellate Division late Monday night. Sullivan & Cromwell’s Robert J. Giuffra Jr. is representing the president in the matter. Trump...

Global stock markets surge to record highs as Apple hits $4 trillion valuation

Global stock markets climbed to record highs on Tuesday as investors bet on falling interest rates and renewed optimism over global growth — with Apple reaching a $4 trillion market valuation for the first time. The FTSE 100 hit an intra-day record of 9,715.22, before easing slightly to trade 0.5% higher at 9,698.4, while all three major U.S. indices — the S&P 500, Nasdaq, and Dow Jones Industrial Average — also opened at all-time highs,...

BT weighs move into low-cost mobile market as Revolut and Monzo eye launches

BT Group is reportedly weighing plans to launch a new low-cost mobile brand as part of a potential strategy to compete with a wave of new market entrants — including fintech heavyweights Revolut and Monzo, both preparing to debut mobile services. According to the Financial Times, the UK’s largest telecoms company is assessing whether to develop an in-house budget brand or acquire an existing virtual network operator (MVNO) as it explores opportunities to re-enter the...

Amazon to cut 14,000 corporate jobs as AI reshapes workforce

Amazon is cutting around 14,000 corporate jobs as part of a sweeping restructuring designed to streamline operations and integrate artificial intelligence more deeply into the company’s global business. The reductions, which will primarily affect the company’s corporate and administrative divisions, are aimed at reducing operational layers and enabling faster decision-making as Amazon invests billions in generative AI and automation. The Seattle-based group, which employs about 1.56 million people worldwide, said the changes were essential to...

Trump Media to launch world’s first social media prediction market in deal with Crypto.com

Trump Media & Technology Group (TMTG), the parent company of Truth Social, has announced a groundbreaking partnership with Crypto.com | Derivatives North America (CDNA) to launch the first-ever prediction markets embedded within a social media platform. The collaboration will enable Truth Social’s users to trade event-based contracts — from elections and interest rate changes to sports outcomes and commodity prices — under the brand “Truth Predict.” This marks a major step in Trump Media’s diversification...