Nvidia exceeded Wall Street expectations with its third-quarter earnings, showcasing strong demand for its AI chips. The company's shares rose in after-market trading, reflecting investor confidence amid concerns about the AI market's valuation. CEO Jensen Huang highlighted record sales and a rapidly expanding AI ecosystem, indicating a positive outlook for the company's future.

Peers in the House of Lords have called for the UK government to take control of the sale of the Telegraph, suggesting that an independent body such as the Competition and Markets Authority (CMA) or the Cabinet Office should oversee the auction. This request follows concerns regarding the handling of the sale process by the culture department and the involvement of RedBird IMI, which is primarily funded by the United Arab Emirates.

Wimbledon has received an exemption from the UK government's proposed ban on reselling tickets above face value, specifically for its debenture tickets. The All England Lawn Tennis Club (AELTC) argued that such a ban would hinder their ability to reinvest proceeds from debenture sales into facility maintenance.

Ocado's shares dropped 17% following the announcement by its US partner Kroger to close three warehouses that utilize Ocado's technology. The closures are part of Kroger's strategy to streamline operations amid rising costs. Ocado had previously signed a deal with Kroger to build 20 automated customer fulfillment centers, with eight currently operational.

The UK government has officially announced a ban on the resale of tickets for profit, a move described by a minister as a 'no-brainer.' This decision follows discussions among ticket touts in London, where they expressed concerns about Labour's plan to eliminate their business model. A seasoned ticket trader even sought financial support to lobby against the party's election manifesto pledge.

Uber faces legal demands to cease its AI-driven pay systems, which have reportedly led to a significant decrease in driver incomes. A letter from the non-profit Worker Info Exchange alleges that the company has violated European data protection laws by altering driver pay rates through its algorithm.

The European Commission has been accused of a significant rollback of digital protections following proposals to delay key aspects of the Artificial Intelligence Act and dilute data protection regulations. If implemented, these changes would allow tech companies to utilize personal data for AI model training without user consent and reduce the frequency of consent requests for online tracking.

Starbucks unionized workers are threatening to escalate a strike across over 40 U.S. cities, aiming to make it the largest and longest in the company's history. They are urging customers to avoid Starbucks locations. The company has stated that most of its cafes remain operational and expressed disappointment over the strike initiated by Starbucks Workers United.

WH Smith's CEO has resigned following an accounting error in the company's North American division, which led to a significant reduction in profit forecasts. The retailer's market value dropped by nearly £600 million after a 42% decline in share price when the mistake was revealed in August.