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  • Haylo Labs acquires Plessey in £100m growth plan

    Haylo Labs acquires Plessey in £100m growth plan

    Haylo Labs has acquired UK chipmaker Plessey in China-funded deal. The acquisition cleared national security review and injects new capital into one of Europe’s oldest semiconductor companies, raising questions over foreign funding in critical technologies and promising major expansion for the UK’s micro-LED industry.

  • UK drops plan to force Apple data sharing

    UK drops plan to force Apple data sharing

    The UK government drops plans to force Apple to share encrypted data. The decision follows negotiations involving US Vice-President JD Vance, easing tensions over data privacy and free speech concerns between the UK and US.

  • Innerworks secures £3m to expand internet security

    Innerworks secures £3m to expand internet security

    Innerworks secures £3m to advance its cyber threat solutions. The London-based company, specialising in synthetic threat intelligence, will use the funding to enhance its platform and expand globally, aiming to strengthen internet security against sophisticated AI-driven threats….

  • Innerworks secures £3m to expand internet security

    Elite Dynamics to double staff with hires

    Elite Dynamics strengthens leadership with strategic hires for expansion. The BGF-backed software firm aims to double its workforce by 2026, following the addition of a new CFO, operations director, and marketing director to support its growth in UK and international markets….

  • European AI-adopter stocks slide as new models disrupt outlook

    European AI-adopter stocks slide as new models disrupt outlook

    AI-enabled European stocks fell sharply after major model launches. Market anxiety rose amid valuation concerns as investors questioned whether these companies can maintain their edge.

  • HMRC uses AI to monitor social media

    HMRC uses AI to monitor social media

    HMRC confirms AI use in monitoring taxpayers’ social media accounts. The tax authority employs AI tools for analysing online posts in criminal tax fraud cases, raising concerns among MPs about potential errors due to automated systems.

  • Innerworks secures £3m to expand internet security

    Maven backs cybersecurity company Blueskytec

    Blueskytec secures £1.5m to expand cybersecurity technology rollout. The funding from Maven Capital Partners will support the firm’s growth, focusing on scaling operations and enhancing its cybersecurity solutions for critical infrastructure sectors including defence and energy….

  • Innerworks secures £3m to expand internet security

    Aspire tech firm reaches £50m turnover early

    Aspire Technology Solutions exceeds £50m revenue target two years early. Gateshead-based Aspire Technology Solutions achieved a 38% revenue increase to £50.9m, attributing success to technology investment and customer service, setting a new £100m target by 2030….

  • Reversing data debt: Insurance’s untapped growth engine

    Reversing data debt: Insurance’s untapped growth engine

    Insurance generates data at an extraordinary scale every day. But for all its analytical muscle, most insurers remain constrained by legacy systems and siloed data environments. Rory Yates, Global Head of Strategy at EIS, argues that industry growth requires reimagining how data is managed, shared, and operationalised.

  • OpenAI considers 0bn share sale, surpassing SpaceX

    OpenAI considers $500bn share sale, surpassing SpaceX

    OpenAI is in talks over a $500 billion valuation. The share sale could surpass SpaceX’s worth, involving employee shares and attracting investors like Thrive Capital. This move follows OpenAI’s competitive push in AI talent and product innovation.