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Author: 5hspx
The outgoing Post Office boss said his leaders were “partly in denial, partly in paralysis” over problems with the computer system behind the unjustified prosecution of hundreds of sub-postmasters during his arrival in 2019.Nick Read said bosses were instead focused on the company's financial performance, adding he was not briefed on the “scale and enormity” of the Horizon IT scandal.He told an inquiry that when a High Court judgment was handed down revealing serious bugs, errors and flaws in the Horizon system, there was “no urgent call or panic discussion” among senior leaders.He agreed with one lawyer's suggestion that bosses…
A Nepalese teenager has broken the world record for the youngest mountaineer to climb Earth's 14 highest peaks.Nima Rinji Sherpa, 18, stood atop Mount Shishapangma in Tibet around 6:05 a.m. local time on Wednesday.In doing so, he became the last of a few dozen people to have climbed the world's “eight thousand,” the 14 mountains that the International Mountaineering and Climbing Federation (UIAA) recognizes as rising above 8,000 meters. altitude.Sherpa, who started climbing high altitude mountains at the age of 16, climbed the eight thousand in 740 days.He reached the summit of Nepal's Manaslu, the eighth highest mountain in the…
GitHubPeter Todd – photo from his GitHub pageA new documentary claims to have solved cryptocurrency's biggest mystery: the true identity of Bitcoin's inventor.The question has captivated the Internet since the launch of the digital currency by an unknown person or persons calling themselves Satoshi Nakamoto in 2009.Now, the makers of an HBO film say they finally have the answer: Canadian cryptography expert Peter Todd.The only problem with this theory: Mr. Todd called it “ridiculous.”In Money Electric: The Bitcoin Mystery, Peter Todd is confronted by filmmaker Cullen HobackMr. Hoback shows him his evidence and asks if he was behind this now…
BBCVillagers packed a public meeting to protest against EDF's plans to flood land to compensate for fish kills at Hinkley PointHow many fish does a nuclear power plant kill?It sounds appalling, but for engineers on the Somerset coast who are building Britain's first nuclear power station in a generation, it's an urgent question.And for conservationists and villagers on the banks of the River Severn in Gloucestershire, it has become such an urgent issue that they have packed a village hall to debate it.Proposals for the seawater cooling system at Hinkley Point C will result in 44 tonnes of fish being…
North Korea will cut road and rail access to South Korea starting Wednesday in a bid to “completely separate” the two countries.His army said the North would “permanently close and block the southern border” and fortify areas on its side.The Korean People's Army (KPA) described the move as “a self-defense measure to prevent war,” saying it was in response to war drills in South Korea and the frequent presence of U.S. nuclear assets. in the region.It marks an escalation of hostility at a time when tensions between the Koreas are at their highest level in years.”The acute military situation prevailing…
The US government said it plans to ask a judge to break up search engine giant Google, a move that could reshape the way tech giants do business.The Department of Justice (DoJ) says the measures could include “structural requirements” to prevent Google from maintaining its Internet search “monopoly.”In response, Google warned that the proposed changes could have unintended consequences for American businesses and consumers.The DoJ's announcement follows a landmark court ruling in August that found Google had maintained its dominance of online search through illegal practices.The DoJ said in a court filing that it was considering “remedies that would prevent…
Dani Cuesta/XDani Cuesta posted photos from several locations in Singapore, including the exterior of what is believed to be Peter Lim's home.A Spanish couple on their honeymoon in Singapore have been arrested after protesting against the Singaporean owner of the football club they support.Dani Cuesta posted photos of himself outside the house of Peter Lim, the billionaire owner of Valencia CF, holding a banner criticizing the business mogul.Mr Cuesta and his partner Mireia Sáez were arrested on Friday as they tried to leave Singapore airport and their passports were confiscated, Valencia Mayor María José Catalá told Spanish radio Onda Cero.It's…
Boeing announced it had withdrawn its offer of a pay increase to striking workers after negotiations with union representatives reached an impasse.The aviation giant accused the union of not seriously considering its proposals.The International Association of Machinists and Aerospace Workers (IAM) union said Boeing was “committed to maintaining the non-negotiated offer” which it said was rejected by its members.Last month, Boeing announced what it called its “best and final” offer to workers, which proposed a 30 percent raise over four years, less than the 40 percent demanded by the union.“The union has made non-negotiable demands that go far beyond what…
Shares of the owner of convenience store giant 7-Eleven jumped after the announcement of a new takeover offer from its Canadian rival Alimentation Couche-Tard.The new offer values Japan's Seven & i Holdings at more than $47 billion (£36 billion), around 20% more than Couche-Tard's initial offer, according to Bloomberg News.In September, Seven & I rejected a $38 billion approach from Couche-Tard, saying it vastly undervalued the company and that any potential acquisition would face major regulatory hurdles.BBC News has contacted Couche-Tard and Seven&i for comment.Seven & i shares were up about 5% in morning trading in Tokyo after initially jumping…
Sixty of the UK's richest people collectively contributed more than £3 billion a year in income tax, the BBC has learned.The amount of income tax they paid was roughly equivalent to two-thirds of all the extra spending Labor incurred in its program earlier this year.Each of the 60 people had an income of at least £50m a year in 2021/22, but many will have earned much more and are also likely to pay significant sums in other taxes.There are fears that tax rises planned in this month's Budget could drive out the very rich, damaging the UK's finances. Labor has…