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Amid escalating geopolitical risks and fluctuations in financial markets, UK retail investors amplified their engagement with US technology stocks in April. Trading statistics from prominent investment platforms reveal that American tech giants like Nvidia, Palantir, and Tesla led the most-traded listings, highlighting the persistent allure of US innovation leaders for British investors. On the AJ…
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TikTok hit with €530m fine by EU for unlawful data transfers to China TikTok has received a €530 million (£451.9 million) fine from Ireland’s data protection authority for violating EU data privacy laws, marking a major intensification in European examination of international tech companies and their global data transfer methods. The decision, delivered by Ireland’s…
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Two of the UK’s most prominent high street brands – Marks & Spencer and Co-op – have recently fallen prey to a rising tide of cyber threats, underscoring the growing susceptibility of Britain’s retail industry to advanced digital assaults. Marks & Spencer (M&S) has been dealing with the repercussions of a ransomware incident, while the…
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With gold prices hovering near record highs, a growing chorus of analysts, investors and executives is watching.
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Microsoft’s stock surged by more than six percent in after-hours trading on Wednesday, following a strong earnings report that exceeded predictions and highlighted the robust performance of its artificial intelligence (AI) and cloud computing sectors. The American technology leader reported a 13 percent year-over-year increase in revenue, reaching $70.1 billion (£52.5 billion) for the quarter…
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London leads the way in AI implementation—but an increasing skills gap jeopardizes national progress Companies in London are increasingly adopting artificial intelligence (AI) more rapidly and comprehensively than other regions in the UK. Nonetheless, industry experts caution that a significant lack of digital skills may hinder the overall economic advantages of this advancement and worsen…
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The M&S breach is a wake-up call for enterprises — cybersecurity can’t be delegated, delayed or treated as a tech issue.
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Meta has launched its first standalone AI app in a direct challenge to OpenAI’s ChatGPT.
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Vinted, the online resale platform founded in Lithuania, has introduced its own venture capital division in a strategic move that could redefine the UK’s rapidly growing re-commerce sector. Named Vinted Ventures, the new fund will focus on growth-stage startups throughout Europe, including the UK, with investment plans set between €500,000 (£425,000) and €10m (£8.5m). The…
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3CLogic has announced the release of its new Voice AI Hub.