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The Latest Breaking News from International Business Times UK

IBM Stock Price Surges 14% To Reach All-Time High as Investors Welcome AI Revenue Boost

IBM's stock price jump on 30th January was the biggest one-day percentage gain ever recorded in the company's history on the back of strong Q4 2024 results boosted by AI revenue.

International Business Times UK

37% US Taxpayers Rely on Refunds To Make Ends Meet: When Can You Expect 2025 Tax Refunds

The IRS claims that taxpayers who e-file taxes can expect refunds within 21 days. The timeline could stretch to eight weeks for filers who mail paper returns.

International Business Times UK

Qwen 2.5 and DeepSeek R1 Keep US AI Firms in a Limbo as Stock Prices Struggle To Bounce Back

US tech companies are scrambling to enhance their AI models amid the rise of cost-effective Chinese alternatives with similar computing power.

International Business Times UK

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Is Colleen Hoover Retiring? Silence Amid Blake Lively and Justin Baldoni's Lawsuit Sparks Rumours

Bestselling author Colleen Hoover is making headlines for all the wrong reasons. Hoover recently deactivated her Instagram, sparking speculation that she may retire from writing for life.

International Business Times UK

Lloyds Bank To Close More Branches Amid App Boom: See The Full List Of Areas For Closure

Lloyds is closing 136 more branches, following a trend of banks reducing physical locations as app usage rises.

International Business Times UK

Who Is Dank Demoss? 500lb Rapper Sues Lyft After Driver Refuses Service, Afraid She Might Burst His Tyres

Plus-size rapper Dank Demoss is suing Lyft after a driver refused her a ride, claiming she was too heavy for his car. Lyft says it condemns discrimination.

International Business Times UK

Deliberate Or Fatal Mistake By Air Controllers? How Did A Military Helicopter Collide With An American Airlines Flight

The plane crash in DC sparked widespread discussion on X, with users expressing shock, grief, and frustration while searching for accountability

International Business Times UK

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Google Gemini AI Successfully Defends Against Hackers: They Can Only Use Tool For 'Research, Creating Content'

State-backed hackers from Iran, North Korea, China, and Russia tried to exploit Google's Gemini AI for malicious purposes, from phishing to malware creation.

International Business Times UK

'Give a Fair Contract or Else': 18,000 Costco Workers Prepare to Strike Over Pay and Conditions

Thousands of Costco workers are set to strike after the retailer rejected nearly all union demands, escalating a major labour dispute over pay, benefits, and working conditions.

International Business Times UK

Ex-Miss California Challenges Selena Gomez To Talk About Victims Killed By Illegal Immigrants

Carrie Prejean Boller named nine victims of crimes committed by undocumented immigrants in a polarising statement.

International Business Times UK

Medicaid Portal Goes Dark After Trump's Federal Funding Freeze Directive

Trump's plan to freeze funding could impact various healthcare, education, infrastructure, food assistance, and federal student aid programmes.

International Business Times UK

Half of Britons Faced Cash Payment Issues Last Year, But Government Won't Mandate Cash Acceptance

Half of Britons struggled to pay with cash in 2024, highlighting a growing reliance on digital payments, but the government refuses to mandate cash acceptance.

International Business Times UK

Trump Federal Funding Freeze: Medicaid, Grants, and Scholarships – Which Institutions Face Defunding?

Trump's blocked funding freeze created uncertainty over affected programs as his administration sought to reshape spending priorities.

International Business Times UK

'Comply or No Longer Work Here': DoD's Pete Hegseth Clamps Down on DEI Across US Military

He added that service members who won't comply with the new measures should no longer work for the U.S. military.

International Business Times UK

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International Business Times UK

Palmer Luckey Accuses DeepSeek Of Lying About AI Model Costs: 'The $5M Number Is Bogus'

Palmer Luckey, the founder of Oculus, questions DeepSeek's AI claims, criticising US media for 'mindlessly' reporting on the progress of the Chinese startup.

International Business Times UK

Who Is Karoline Leavitt: Age, Husband, Salary, And Controversial Statement As Press Secretary

The new White House press secretary sparked controversy by labelling all undocumented immigrants as criminals because of their illegal status in the US.

International Business Times UK

Standing Firm: 13 Companies Committed to DEI in 2025 Despite Pressure from Trump

These companies are at the forefront of DEI efforts in 2025, actively working to create more inclusive workplaces and ensure equitable hiring practices.

International Business Times UK

Who Is Caroline Kennedy: Kennedy Curse, Family, Net Worth, Career And Speaking Out Against RFK Jr.

Caroline Kennedy, the only surviving child of JFK, is a lawyer, diplomat, and author with a £200 million net worth, renowned for her public service and family legacy.

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International Business Times UK

'Save Your Fake Tears': Ex-Miss California Tells Selena Gomez To House 'Her People' In Her Mansion

Selena Gomez is facing backlash and threats of deportation after her emotional comments on deportation.

International Business Times UK

Top 500 Richest Lose £86.7B After DeepSeek AI Chatbot Launch Triggers AI Market Selloff

The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free AI chatbot.

International Business Times UK

DeepSeek Could Shatter Overvalued US Stocks as America's AI Spending Comes Under Scrutiny

DeepSeek's R1 AI model claims to match OpenAI's o1 model by multiple benchmarks for a fraction of the development costs.

International Business Times UK

'Make Common Sense Great Again': Trump To Axe Military's DEI Initiatives and Ban Trans People from Serving

Trump's executive orders targeting military DEI programs will ban transgender service members and reinstate those discharged for refusing the COVID-19 vaccine.

International Business Times UK

'Who Paid For This?': Fury As Trans Prisoner Is Allowed Out Of Jail For Surgery To 'Look More Feminine'

Life inmate Alan Baker, now known as Alex Stewart, has undergone a tracheal shave, prompting criticism over the use of taxpayer funds for the procedure.

International Business Times UK

'Becoming More Woke': BMW UK Faces Online Mockery After Announcing Departure From Elon Musk's X

BMW UK announced it will stop posting on X, inciting online backlash and mockery from users who believe the move is linked to Musk's alleged fascist salute.

International Business Times UK

Argentina's President Sparks Outrage: Calls Gay People 'Paedophiles' in Shocking Tirade

President Javier Milei's speech as an economics forum targeted the LGBT+ community and undermined the feminist movement, citing Elon Musk, Trump and Netanyahu as allies.

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