Author: LoveWorld UK

OPENAI CONVERTS TO BEING A FOR-PROFIT BUSINESS – The company will now operate as a public benefit corporation OpenAI has officially converted its main operating unit into a for-profit corporation, completing a lengthy legal transition that reshapes the structure of the world’s most prominent AI company.  The move was approved by Delaware Attorney General Kathy Jennings, ending more than a year of negotiations and regulatory scrutiny in Delaware and California. Founded as a non-profit in 2015, OpenAI will now operate as a public benefit corporation — a for-profit entity designed to pursue both commercial success and social good.  The shift…

DUTCH VOTE TESTS POPULISM’S GROWING REACH – Election seen as key gauge of far-right momentum across Europe. Dutch voters are heading to the polls in an election widely viewed as a test of right wing movements in Europe.  The vote pits all mainstream parties against each other promising tighter migration controls and lower EU influence.  Analysts say the outcome could signal the direction of European politics ahead of next year’s EU elections. Campaigns have focused heavily on the cost of living, energy policy, and security concerns.  Early turnout was strong in major cities including Amsterdam and Rotterdam.  European leaders are…

AFGHAN HELD AFTER FATAL UXBRIDGE STABBING – Dog walker killed after intervening in attack; suspect entered UK illegally. An Afghan national has been arrested after a fatal triple stabbing in Uxbridge, west London, that left a dog walker dead. The suspect, 22, was tasered and detained minutes after the attack, which occurred shortly before 5 p.m. on Monday. The victim, named locally as 49-year-old Wayne Broadhurst, reportedly intervened to stop a man and a teenage boy from being attacked.  Broadhurst, well known in the local community, died at the scene despite paramedics’ efforts.  Police described the incident as a “shocking,…

REFORM UK FACES FIRST TEST IN POWER – Farage’s party eyes national rise amid local challenges Reform UK’s surge in popularity is being put to the test in local government. After sweeping nearly half the councils contested in 2025, Nigel Farage’s party is now responsible for everyday issues like rubbish collection, potholes, and local taxes — a shift from its fiery national rhetoric on immigration, the EU, and “woke” policies. Reform’s leaders say they’re modelling efficiency on Elon Musk’s U.S. government reforms, aiming to slash spending while boosting results. But with just five MPs and no experience in power, critics…

PARLIAMENT SHOULD PROBE INTO GROOMING GANGS- Says Reform Party Leader Nigel Farage Reform UK leader Nigel Farage called for Parliament to launch its own probe into the “grooming gangs” scandal as a faster alternative to the British government’s national inquiry into the scandal. British Prime Minister Starmer assured MPs last Wednesday, October 22nd, that the inquiry will uncover the truth and stated that his Labour Party has done more than the Conservatives during their 14 years in power. A 2014 inquiry found that at least 1,400 children were subjected to sexual exploitation in Rotherham, northern England, between 1997 and 2013.…

U.S. CALLS JAPAN TARIFF DEAL ‘MOST IMPORTANT’ – Commerce secretary stresses pact key to trade and tech cooperation.  U.S. Commerce Secretary Howard Lutnick met with Japan’s Foreign Minister Toshimitsu Motegi in Tokyo. Newly appointed to the position of foreign minister, Motegi is in charge of tariff talks with the United States. “I look forward to engaging in discussions with you on a broad range of topics, including cooperation between Japan and the U.S. and strengthening economic security,” he told Lutnick during their bilateral meeting. Motegi replaces Ryosei Akazawa, who has single-handedly handled the negotiations to lower U.S. President Donald Trump’s…

AMAZON TARGETS AS MANY AS 30,000 CORPORATE JOB CUTS – This is the largest job cut at Amazon since late 2022 FS Amazon is planning to cut as many as 30,000 corporate jobs beginning today as the company works to pare expenses and compensate for overhiring during the peak demand of the covid period, according to three people familiar with the matter. The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10% of the company’s roughly 350,000 corporate employees. This would represent the largest job cut at Amazon since around 27,000 jobs were eliminated starting…

TRUMP AND XI STRIKE DEAL – TikTok transfer is finalized ahead of Korea Summit President Donald Trump and Chinese leader Xi Jinping have finalized an agreement for the highly anticipated transfer of ownership of the popular social media application TikTok, effectively ending a multi-year, high-stakes power struggle over the platform’s future. Treasury Secretary Scott Bessent delivered the major announcement yesterday, confirming that “All the details are ironed out,” and that the two world leaders are scheduled to “consummate that transaction on Thursday in Korea” when they meet at the upcoming summit.  This historic resolution provides clarity for the app, which…

EU TO CUT RELIANCE ON CHINESE RARE EARTH- Von Der Leyen says the scheme called RESourceEU would be similar to the REPowerEU plan European Commission President Ursula von der Leyen has stated that the European Union is developing a new plan to curb its reliance on Chinese critical raw materials,   while criticising Beijing for its expanded restrictions on the export of rare earths. The EU has reportedly attempted to reduce its dependence on China for the minerals that are needed for the transition to cleaner energy, the defence sector and electric vehicle production. Von der Leyen, who said the…

ARGENTINA’S MILEI WINS MIDTERM ELECTION – President Javier Milei vows more reforms Argentina’s President Javier Milei on Sunday (October 26) said his party’s big victory in the nation’s midterm elections marked a turning point and vowed to pursue reforms his government still considers necessary. Milei after the results stated that Argentina has passed through a turning point. Adding that voters had shown their desire to irreversibly change the path forward for South America’s economy. He invited the country’s governors to discuss parliamentary agreements, and said dozens of senators and deputies from other parties would potentially reach agreements with his administration.…