News UK
Japan reopens borders to foreign tourists – BBC News
Japan has fully opened its doors back up to foreign tourists, after more than two years of closed borders due to the Covid pandemic.
Tourists will be able to visit the country without a visa, and will no longer need to go through a travel agency. A cap on daily arrivals will also be lifted.
For Japan, the anticipated influx of travellers will be a welcome boost to government and local businesses.
“Japan will relax border control measures to be on par with the US,” said Prime Minister Fumio Kishida.
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Three of the world’s leading AI companies are preparing to sell stock publicy for the first time. Elon Musk’s rocket company Space X – which owns xAI and its artificial intelligence chatbot Grok – is set to debut on the Nasdaq on Friday, targeting a share price that would value the company at $1.75 trillion.
The ChatGPT creator Open AI and Anthropic – the makers of Claude – have also filed for initial public offerings – sparking massive interest from Wall Street veterans and first-time investors alike.
So, should you invest in AI? We ask the BBC’s business editor Simon Jack whether it is a good investment, and why some people are worried that the AI bubble could burst.
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#BBCNews #ai #elonmusk #finance #news #tech #investing #business #artificialintelligence
00:00 Introduction
00:38 SpaceX, Anthropic and OpenAI are going public
02:57 Should you invest in AI?
04:52 Why is the SpaceX IPO such a big deal?
05:28 Elon Musk and AI
07:26 Why are AI companies going public now?
08:17 Could the AI bubble burst?
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Illegal mini-marts, barbers and vape shops could be shut for up to a year under new powers announced by the UK government, following lengthy investigative reporting by BBC News into organised crime on British high streets.
The investigations have exposed drug gangs, child sexual exploitation, money laundering and immigration crime linked to shops selling illegal cigarettes, vapes and drugs.
As the law stands in England and Wales, authorities can only close a shop for three months, with an option to extend closure to six months using anti-social behaviour legislation. The government’s planned change will double the potential closure time.
Making the announcement, Home Secretary Shabana Mahmood praised the BBC’s reporting, saying that people felt high streets were being taken over by “organised crime [and] immigration criminality”. The government was “not prepared to tolerate it”, she said.
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