According to exclusive insights provided to City A.M. by cybersecurity firm ESET, UK businesses are set to generate an estimated £27 billion in extra annual revenue from their investments in cybersecurity. This research surfaces in the wake of a rise in cyberattacks targeting significant organizations across the nation, underlining the vital commercial and operational importance…

Meta’s foray into consumer-oriented AI has raised alarms among privacy advocates and regulators, as its latest chatbot application subtly reveals sensitive user information through a public feed—an issue recognized in multiple regions, including the UK. Introduced in April, the independent Meta AI app seamlessly connects with users’ Facebook and Instagram accounts, enabling both private and…

The co-founder and CEO of the [used car platform](https://www.cityam.com/people-and-organizations/motorway/), Motorway, discussed how he built a $1 billion business from the ground up following the largest setback of his professional life. In a forthcoming episode of *City AM*’s [Boardroom Uncovered](https://linktr.ee/boardroomuncovered), Tom Leathes shared insights into how he and his fellow founders chose the automotive sector for…

Business leaders and entrepreneurs in the fields of technology, recruitment, and banking have been acknowledged for their valuable contributions to UK business in the King’s birthday honours list. Clare Barclay, the leader of Microsoft UK, along with Emma Bridgewater, the acclaimed founder of a distinguished ceramics enterprise, were honoured with damehoods for their contributions to…

The issue with AI is no longer about the functionality of the technology, but about whether the individuals and processes surrounding it are ready, according to business and tech leaders at KPMG’s discussion at [Viva Tech Paris](https://vivatechnology.com). “We recognize the potential,” remarked Nicole Buttner, CEO of Melantec and General Secretary of Germany’s MPP party. “Yet,…