Disappointing Oracle results knock $80bn off value amid AI bubble fears

Oracle’s shares tumbled 15% on Thursday in response to the company’s quarterly financial results, disclosed the day before.Roughly $80bn vanish from the value of the business software company co-founded by Donald Trump ally Larry Ellison, falling from $630bn (£470bn) to $550bn and fuelling fears of a bubble in artificial intelligence-related stocks. Shares in the chipmaker Nvidia, seen as a bellwether for the AI boom, fell after Oracle’s.The drop extended a 11.5% fall during after-hours trading that followed results shwoing a lower-than-expected 14% rise in revenues to $16bn in the latest quarter

Green biotech firms to open factories at Grangemouth; Oracle shares tumble 15% after results disappoint – as it happened

Two green biotechnology firms have announced they will build new factories at Scotland’s Grangemouth site which will employ up to 460 people, in the first phase of projects to replace hundreds of jobs lost when the PetroIneos refinery closed down.The projects by MiAlgae, a start-up based in Edinburgh which uses whisky waste to make fish-free Omega 3 oils, and Celtic Renewables, which uses whisky and agricultural byproducts to make chemicals, have won £10m in funding from the Scottish and UK governments to build new plants at Grangemouth.MiAlgae’s founder and chief executive Douglas Martin said their Omega 3 plant would start production in the second quarter of 2026, employing 75 people. It uses whisky wash, a byproduct, of whisky production to produce plant-based Omega 3 for pet food and fish farm feed.Martin said their modular plant, which has been given £3m by the UK and Scottish governments, can be rapidly expanded to eventually create up to 310 jobs

From ‘glacier aesthetic’ to ‘poetcore’: Pinterest predicts the visual trends of 2026 based on its search data

Next year, we’ll mostly be indulging in maximalist circus decor, working on our poetcore, hunting for the ethereal or eating cabbage in a bid for “individuality and self-preservation”, according to Pinterest.The organisation’s predictions for Australian trends in 2026 have landed, which – according to the platform used by interior decorators, fashion lovers and creatives of all stripes – includes 1980s, aliens, vampires and “forest magic”.Among the Pinterest 2026 trends report’s top 21 themes are “Afrohemian” decor (searches for the term are on the rise by baby boomers and Gen X); “glitchy glam” (asymmetric haircuts and mismatching nails); and “cool blue” (drinks, wedding dresses and makeup with a “glacier aesthetic”).Pinterest compared English-language search data from September 2024 to August 2025 with those of the year before and claims it has an 88% accuracy rate. More than 9 million Australians use Pinterest each month

UK police forces lobbied to use biased facial recognition technology

Police forces successfully lobbied to use a facial recognition system known to be biased against women, young people, and members of ethnic minority groups, after complaining that another version produced fewer potential suspects.UK forces use the police national database (PND) to conduct retrospective facial recognition searches, whereby a “probe image” of a suspect is compared to a database of more than 19 million custody photos for potential matches.The Home Office admitted last week that the technology was biased, after a review by the National Physical Laboratory (NPL) found it misidentified Black and Asian people and women at significantly higher rates than white men, and said it “had acted on the findings”.Documents seen by the Guardian and Liberty Investigates reveal that the bias has been known about for more than a year – and that police forces argued to overturn an initial decision designed to address it.Police bosses were told the system was biased in September 2024, after a Home Office-commissioned review by the NPL found the system was more likely to suggest incorrect matches for probe images depicting women, Black people, and those aged 40 and under

‘The netball mum community has been insane’: England captain Nat Metcalf on her return to action

Receiving her first centre pass at London’s Copper Box Arena will be an unforgettable moment for the skipperA gurgle turns into a squawk, and the early throes of a weary cry – sure-fire signs that an afternoon nap is required. For much of her life, since her dramatic arrival in the pre-dawn hours of a May morning, the seven-month-old Miller has been a regular presence at England netball camps.Sometimes she sleeps courtside, other times watches from a balcony, or is passed between arms of players and staff members eagerly seeking a cuddle during team meetings. Whatever it takes for her mother, the England netball captain, Nat Metcalf, to get back on court.When Metcalf pulls on her England dress against Jamaica on Saturday, returning to competition for the first time since giving birth, Miller will be there, just as she always is

Sports Personality of the Year 2025: Lionesses square off on six-strong shortlist

Three world champions, two European champions and the holder of a grand slam will face off next Thursday for the title of BBC Sports Personality of the Year, in a shortlist that provides a high-powered boost to the venerable prize show.Following a triumphant summer for England’s women in both football and rugby, Chloe Kelly and Hannah Hampton of the Lionesses are nominated, as is the Red Roses’ Ellie Kildunne. They are joined in the six-person shortlist by Formula One champion Lando Norris, darts world champion Luke Littler and Masters champion Rory McIlroy, the bookies’ favourite.Kelly and Hampton were at the centre of England’s penalty shootout win over Spain in the Euro 2025 final, with Kelly scoring the winning spot-kick after Hampton had made two critical saves. For their club sides, Kelly was part of Arsenal’s Champions League winning team, while Hampton won a domestic treble with Chelsea