High street chain wilko says it has appointed Administrators after failing to secure a rescue deal. You will remember this chain has been in the news for the last couple of weeks with concerns over whether it will be rescued. It looks like the rescue deal has fallen through and they have appointed Administrators. 12,000 people, it looks like, at risk potentially, following the news that wilko has appointed Administrators. We will bring you any more detail when we get the story but the Breaking News, wilko, the high street chain, has appointed Administrators. Here in the uk, police and the West Midlands say they are treating a fire at a Well Known18th century pub near dudley as arson. The cricket house, described as britains One Ovest Pub was largely destroyed by the blaze, it was then bulldozed with the local council said was unauthorised, unacceptable and possibly unlawful. Here is louisa pilbeam. Whats left of the 250 year old pub has now been searched by a Specialist Fire Service do
Limiting investment by American Companies in the chinese tech sector because of Serious National Security risks. It would require us firms to disclose investments in sensitive areas such as Artificial Intelligence and ban some investment altogether. Beijing has reacted angrily saying it is gravely concerned about the order. A spokesperson for the Chinese Embassy in washington says the curbs seriously undermine the interests of chinese and American Companies and investors. Republicans have said they do not go far enough. This is a new front in the tech war between two global superpowers, the restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors investing in high tech sectors in china, such as quantum computing, Artificial Intelligence and advanced semiconductors. The goal is to stop us capital in know how speeding up the development of technologies that could help china develop weapons for use against america in a military conflict. I
World tour have agreed to a shock merger with the saudi backed liv golf. This comes despite the pending litigation between pga and liv. That will now be halted as they move forward as part of the same enterprise. Over the past year liv golf caused huge disruption in the mens game, with top players such as rory mcllroy and tiger woods boldly criticising it. But other players such as Brooks Koepka joined liv golf for large sums with the backing of the Saudi Arabia Public Investment fund. The bbc s golf correspondent iain carter believes it is the big investment being offered that has made this deal possible. Players can get along fine when they are playing for the biggest prizes. Money is the massive driver here, the likes of rory mcilroy and the establishment from the live setup, they used to be west friends. Michael roy was a groomsmen at garcias wedding. They now do not speak. But that sort of thing will be shoved to one side. What we wait to see is what shape mens golf take Going For
meta, which owns facebook, says threads will be part of its instagram platform so it ll be connected to hundreds of millions of accounts to begin with. but the app has already been criticised for the amount of data it may collect. ray wang is a principal analyst constellation research and explained why threads could be a serious threat to twitter. it s a massive threat if you think about twitter, it only has one of 150 million active users. if you see what s going on with facebook and instagram, we are talking 2.96 billion users, so let s look at this in simple terms. 50 million is the number we used to say mass adoption of technology has occurred, chatgpt did it in 30 days, facebook live in 2a hours. mark zuckerberg can get the 50 million users in probably less than hours and probably get 150 million users in less than two months. that means it s a direct threat to twitter. at the same time some users aren t happy with recent restrictions like the number of tweets you can lo
of millions of accounts. ray wang is a principal analyst of constellation research, explains why threads could be a serious challenge to twitter. this is a massive threat. if you think about twitter, it only has about 150 million active users. if you see what is going on with facebook and instagram, we are talking the 2.96 billion users. let s put this in simple terms. 50 million is the number we use to say mass adoption of technology has occurred. facebook live dated 2a hours. mark zuckerberg can get to 50 million users and probably less than 2a hours. i can pick it to 150 million euros in less than two months. it s a direct threat to delay or stop light at the same time, some of the users are not happy with the recent restrictions like the number of tweets that you can look at. why is elon musk doing this is yet? you don t normally musk doing this is yet? you don t normally have - musk doing this is yet? 7m. don t normally have that musk doing this is yet? 7m, don t nor