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Tesla shares fall as Musk calls analyst 'boring bonehead'

Tesla shares plummeted after CEO Elon Musk called an analyst a “boring bonehead” as he answered questions about a record net loss. Shares fell 5% – about £1.8bn – in after-hours trading in the seconds after the electric car company chief dismissed Bernstein analyst Tony Sacconaghi’s question about capital …

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Facebook data breach firm 'ceasing all operations'

Cambridge Analytica, the political consultancy at the centre of the Facebook data row, has announced it is “ceasing all operations” and declaring bankruptcy.. The British company said it had been “the subject of numerous unfounded accusations” and was “vilified for activities that are not only legal, but also widely …

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Uber's licence renewal in Brighton rejected

The taxi-hailing app Uber could stop operating in Brighton after the city’s council refused to renew its licence.  Brighton and Hove City Council’s licensing panel said the firm is “not fit and proper”, citing concerns over a data breach in which customers’ personal details were leaked. Councillors were also …

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RBS closures: Is your local branch to shut?

Royal Bank of Scotland has announced the closure of a further 162 RBS-branded branches across England and Wales, with the loss of around 792 jobs. The locations and dates of the RBS closures are: :: Accrington – 20/08/2018 :: Alderley Edge – 29/11/2018 :: Ashford – 06/08/2018 :: Ashton-under-Lyne …

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