Zipcar’s rivals consider London expansion after it reveals UK exit

Several car-sharing companies are considering launching or expanding in London, with the imminent closure of Zipcar’s UK operation leaving a large gap in the market in one of Europe’s biggest cities.Free2Move, owned by the carmaker Stellantis, said it was “closely monitoring the London market”, and “actively assessing” options for its services. It already operates fleets in cities including Berlin, Paris, Rome and Washington DC.Enterprise Car Club, which already has some cars in London, said it “will continue to seek out opportunities to expand our network and provide people with alternative transport options by the hour or day”.Co Wheels, which operates across the UK and with a handful of cars in the capital, said it was “actively discussing” options with several London boroughs in recent days

Trump demands Fed listen to him as he lines up new leader: ‘I’m a smart voice’

Donald Trump declared he “should be listened to” by the Federal Reserve, as he weighs candidates to lead the central bank amid an extraordinary campaign by the White House to exert greater control over its decisions.The US president said on Friday that former Fed governor Kevin Warsh is currently top of his list to chair the central bank.Jerome Powell, the current Fed chairperson, is scheduled to finish an eight-year stint in the role next May. He has repeatedly defied Trump’s demands for drastic cuts to interest rates, prompting the president to launch a string of public attacks.Trump is also considering his adviser Kevin Hassett, who leads the National Economic Council, as a potential chair of the Fed

Crypto mogul Do Kwon sentenced to 15 years in prison for fraud

Do Kwon, the entrepreneur behind two cryptocurrencies that lost $40bn (£29.8bn) three years ago and caused the sector to crash, has been sentenced to 15 years in prison for fraud.The South Korean, 34, had pleaded guilty to two counts of US charges of conspiracy to defraud and wire fraud.Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, was sentenced at a hearing in New York.The US district judge Paul Engelmayer called his crimes “a fraud of epic generational scale”

Elon Musk teams with El Salvador to bring Grok chatbot to public schools

Elon Musk is partnering with the government of El Salvador to bring his artificial intelligence company’s chatbot, Grok, to more than 1 million students across the country, according to a Thursday announcement by xAI. Over the next two years, the plan is to “deploy” the chatbot to more than 5,000 public schools in an “AI-powered education program”.xAI’s Grok is more known for referring to itself as “MechaHitler” and espousing far-right conspiracy theories than it is for public education. Over the past year, the chatbot has spewed various antisemitic content, decried “white genocide” and claimed Donald Trump won the 2020 election.Nayib Bukele, El Salvador’s president, is now entrusting the chatbot to create curricula in classrooms across the country

Saracens fall just short in South Africa as Sharks survive Champions Cup storm

It is a long way to go for just a point, but Saracens all but took the maximum against Sharks in biblical weather in Durban. Now that South Africa has been incorporated into the Champions Cup, these long trips are part and parcel. It meant Saracens changing 10 of their starting lineup. It meant Sharks changing 14 – and a head coach to boot.JP Pietersen, the former Springbok, stepped up to fill his new role this week when John Plumtree resigned after the Sharks’ heavy defeat in Toulouse on Sunday

Racing honours Hunt family as outsider Glengouly hits jackpot at Cheltenham

This was an afternoon at the track when the big-race result was secondary to the cause it was supporting. For Faye Bramley it also marked a huge step forward in her training career as Glengouly, a 33-1 outsider, made all the running to win the Support the Hunt Family Fund December Gold Cup.The Hunt Family Fund was set up by the BBC racing commentator, John Hunt, and his daughter, Amy, after the murder of his wife, Carol, and daughters, Hannah and Louise, to raise awareness of violence against women and support causes relating to young women.Saturday’s race, the traditional feature of the December meeting, came at the end of a series of events over the past week, including a dinner and auction at Cheltenham on Thursday, which has raised nearly £500,000.Hunt called the race as usual for Radio 5 Live, and said afterwards that, like most of those watching from the stands, he had expected Glengouly to be swallowed up by either Jagwar, the 11-4 favourite, or Vincenzo, the 7-2 second-favourite, after the turn for home