PRESS DIGEST-British Business - November 12
Nov 12 (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
- The Japanese technology investor SoftBank 9984.T has offloaded its entire shareholding in Nvidia NVDA.O for $5.8 billion and plans to use the funds for further investments in artificial intelligence.
The Guardian
- Tech companies and child protection agencies will be given the power to test whether artificial intelligence tools can produce child abuse images under a new UK law.
The Telegraph
- The iPhone maker Apple AAPL.O has agreed to block two popular gay dating apps Blued and Finka from the Chinese version of its App Store in China.
Sky News
- Venterra Group, which was established in 2021 by Ayman Asfari, is seeking 40 million pounds ($53.68 million) from investors amid the challenging climate sweeping through swathes of the renewable energy sector.
The Independent
- British water regulator Ofwat has proposed that Wessex Water pay an 11 million pounds ($14.76 million) enforcement package following the company's inability to adequately manage sewage and wastewater flows.
($1 = 0.7451 pounds)
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