PRESS DIGEST-British Business - March 26

Reuters
13 hours ago
PRESS DIGEST-British Business - March 26

March 26 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

The Times

- ChatGPT maker OpenAI is closing Sora just months after signing a $1 billion licensing agreement with Disney DIS.N, bringing an abrupt end to the controversial video-generation tool.

The Guardian

- British suppliers will be prioritised for public contracts in shipbuilding, steel, AI, and energy infrastructure under new guidance, marking them out as sectors vital to national security.

- Meta META.O and YouTube have been found liable for deliberately designing addictive products that hooked a young user and led to her being harmed, a jury ruled on Wednesday.

The Telegraph

- Apple AAPL.O will ask iPhone users to prove they are over 18 in an attempt to block children from accessing explicit websites and to access 'services or features'.

Sky News

- NatWest Group NWG.L is selling a human resources advisory service it adapted during the Covid pandemic to a private equity-backed rival as it continues to streamline its focus.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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