GameStop CEO opens eBay storefront to pay for potential eBay acquisition


Great Western Railway to be nationalised in December
Great Western Railway will be nationalised in December, the government has announced.The train service, which has been in private hands for 30 years, mainly run by First Group, will be the 11th train operator on the national railway brought back into public ownership.When the Labour government was elected in 2024, legislation was immediately passed to renationalise all passenger trains when contractually allowed, a process that is expected to conclude by the end of 2027.The date for GWR train services to be nationalised has now been set for 13 December, the Department for Transport (DfT) said, when new timetables around the country are set to take effect.GWR has worked closely with the DfT in recent years in upgrading the mainline and introducing a new fleet of intercity trains

US added 115,000 jobs in April in surprise gain amid Iran war uncertainty
US employers added 115,000 jobs in April and the unemployment rate remained steady at 4.3%, a surprisingly robust gain to the labor market as the US-Israel war with Iran continued to drive up economic uncertainty.Economists projected about 55,000 new jobs and a 4.3% unemployment rate. A day earlier, the labor department announced 200,000 people filed for weekly unemployment benefits, a slight increase from the week before

UK schools should remove pupils’ online photos as AI blackmail threat grows, say experts
UK schools should remove pictures of pupils’ faces from their websites and social media accounts because blackmailers are using them to create sexually explicit images, experts have said.Child safety experts and the UK’s National Crime Agency (NCA) warn that criminals are using AI to manipulate photos of children and then demand cash not to publish them.They are recommending educational institutions remove identifiable pictures of children from their websites and social media accounts – or consider not using them at all.The Internet Watch Foundation (IWF) said an unnamed UK secondary school had recently been subjected to a blackmail attempt after criminals used the institution’s website or social media accounts to take photos of schoolchildren and then, using AI tools, turned them into child sexual abuse material (CSAM). The blackmailers sent the images to the school and threatened to publish them online if they did not receive money

Meta sues Ofcom over fines regime for breaches of Online Safety Act
Meta has launched a legal challenge against the UK’s media regulator over the fees and fines regime it is enforcing under landmark digital safety legislation.The Facebook and Instagram owner is claiming that Ofcom’s methodology for calculating the charges is flawed and should not be based on a company’s global revenue. Breaches of the Online Safety Act can be punished by fines of up to 10% of qualifying worldwide revenue (QWR) or £18m – whichever is higher.In the case of Meta, which reported revenues of $201bn last year, Ofcom could in theory impose a fine of $20bn for breaches. Under regulations introduced in September, Ofcom’s fees will also be based on a proportion of an organisation’s QWR and apply to businesses that made more than £250m of this revenue a year

Slimline Stokes makes impression with pair of wickets on red-ball return
To little fanfare, Ben Stokes has slipped out of the shorter formats. His last one-day international was at the 2023 World Cup, his last Twenty20 international helped England win its equivalent a year earlier. His most recent white-ball match of any description came during the Hundred in 2024, a tournament he has since shouldered arms to.Red-ball cricket is the thing that gets the England captain’s juices flowing these days and had he not fractured his cheekbone in the nets back in February, the plan was to be available for Durham from the start of the season. Fair play, given the additional money he could earn by diversifying in his final years

A Piece Of Heaven returns Chester to even keel after ground chaos
A Piece Of Heaven’s 7-1 success in the Chester Cup, the most popular and historic race of the year at the world’s oldest racecourse, was a fine way to round off the track’s May festival meeting on Friday, not least after a day when, for around an hour or so in early afternoon, the event had teetered on the edge of an expensive, embarrassing disaster.The odds that the middle day of Chester’s showpiece event would be abandoned, with around 15,000 spectators at the track for Ladies’ Day, seemed to be shortening at 2.30pm on Thursday, as a delegation of jockeys and trainers inspected the turf on the home turn.Several riders had reported slipping in the opening race, prompting emergency remedial work by Chester’s ground staff. A few minutes earlier, Maureen Haggas, assistant to her husband, William, at one of Newmarket’s biggest stables, had scratched Morshdi, the second-favourite, from the Dee Stakes, the day’s big Derby trial

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