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Zimbra flaw breaches email servers; Huawei overtakes Nvidia in China
A critical Zimbra vulnerability is being exploited to steal corporate emails and credentials. Huawei claims its Ascend processors have overtaken Nvidia in China’s chip market.
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Recent borrowers with large mortgages face greatest negative equity risk
The Reserve Bank of Australia says most households are positioned to cope with higher interest rates and falling property prices, but recent borrowers with large loans face the greatest risk of owing more than their homes are worth. The warning comes amid a property downturn, particularly in Sydney and Melbourne, and wider risks to global…
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Parents-in-law charged with killing New York Times games executive
A New York Times executive has been killed in a shooting allegedly carried out by his parents-in-law during a contentious divorce and custody battle. Jonathan McKinsey, 40, the director of engineering for the NYT’s games department, was shot dead in Dublin, California in a car park on Saturday afternoon by his estranged wife’s parents, Shouyong…
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Annual UK house price growth halves as mortgage rates rise – business live
UK house price growth halved in September as rising mortgage rates and economic uncertainty weighed on the market. Nationwide reported a 0.2% monthly fall, leaving annual growth at 0.8%, its weakest since December 2025. The average UK home cost £274,251, and the figures were weaker than economists had expected: they had forecast no monthly change…
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Kobalt founder expands music and media investment firm with senior hire
Kobalt founder Willard Ahdritz has expanded his music and media technology investment firm, Ahdritz Capital Partners, by appointing Isabel Keulen as an investment partner. The hire brings venture capital and start-up support experience to the firm, which aims to help international companies build networks and operations in the United States and other key markets. Keulen…
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Brit Awards brought £5m in extra spending to Manchester, study says
The 2026 Brit Awards, held in Manchester for the first time in the ceremony’s nearly 50-year history, generated £5 million in net additional spending for the city and its surrounding area, according to an independent study by Amion Consulting. The move from London represents a significant milestone, with organisers confirming the awards will return to…
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Netflix Co-CEO Sarandos Acknowledges Slower Growth, Downplays Paramount-WB Merger Threat
Netflix co-CEO Ted Sarandos acknowledged the platform’s engagement growth is slower than desired, defended the company’s unsuccessful bid for Warner Bros. Discovery, and downplayed competitive threats from Paramount’s acquisition of the studio. His comments come as the streaming giant faces investor and media scrutiny over growth, though he argued that changes to how Netflix reports…
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Healey faces calls for budget support as household energy bills climb
Energy bills for millions of households in Great Britain rose by 4% from Thursday, taking the average annual bill for a typical home to £1,723. The increase has intensified calls for Chancellor John Healey to provide more help in next month’s budget, as higher fuel costs and global energy prices threaten to deepen the cost…
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Ben Affleck Doesn’t “Worry About SkyNet” When It Comes To AI; “It’s Another Form Of Computing”
Ben Affleck spoke at a Bloomberg Screentime event about artificial intelligence in entertainment, striking a notably optimistic tone compared to other tech leaders. Unlike OpenAI, Anthropic and Meta executives who emphasise existential AI risks, Affleck (whose InterPositive AI company Netflix acquired for $587 million) views AI as simply another technological tool. He argued that filmmaking…
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Muslim immigration drops 96% as Russia issues nuclear warning to NATO
The White House celebrates a dramatic fall in Muslim immigration whilst Moscow escalates rhetoric over Kaliningrad. Also this week: Fed audit findings and Reddit’s content restrictions.