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A TikTok Alternative Hits 380K Users After U.S. Deal Drama - Professional coverage
PrivacySoftwareStartups

A TikTok Alternative Hits 380K Users After U.S. Deal Drama

According to TechCrunch, the TikTok alternative Skylight has soared to over 380,000 users following a surge in signups over the…

Leidos Bets $2.4 Billion on the Power Grid Boom - Professional coverage
DataSoftwareTechnology

Leidos Bets $2.4 Billion on the Power Grid Boom

According to Manufacturing.net, defense and technology contractor Leidos has signed a deal to acquire engineering firm ENTRUST Solutions Group for…

Google Cloud gaming boss says AI is your Iron Man suit - Professional coverage
AIInnovationSoftware

Google Cloud gaming boss says AI is your Iron Man suit

According to TechSpot, Jack Buser, the global director for games at Google Cloud, is pushing the narrative that AI tools…

BusinessPolicy

Betfred Warns of Nationwide Shop Closures Amid Potential Gambling Tax Hike

Betfred has reportedly warned it may shut down its entire UK retail operation if Chancellor Rachel Reeves increases gambling taxes in the upcoming budget. The company claims such a move could eliminate profits and put thousands of jobs at risk. Industry analysts suggest the government is considering substantial tax increases on sports betting operations.

Potential Tax Increases Threaten Betting Shop Viability

Betfred, one of the UK’s leading sports betting operators, has reportedly stated that potential tax increases in the upcoming budget could force the closure of all its 1,287 high street shops. According to sources familiar with the matter, the company claims such a move would eliminate profitability and risk approximately 7,500 jobs across the country.