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.
