Elon Musk’s Space X urges regulators to review Viasat’s £5.5bn takeover of British satellite company September 3, 2023 Elon Musk's Space X is pushing US regulators to reverse its decision to greenlight rival Viasat's £5.5bn merger with Inmarsat.
Atomic weapons workers threaten to strike over pay – but ‘delivery of UK’s nuclear deterrent would be unaffected’ September 1, 2023 Workers at the Atomic Weapons Establishment (AWE) are to be balloted for industrial action in a dispute over pay. Members of the Prospect union at AWE, which supports and maintains the UK nuclear deterrent, will vote in the next two weeks on whether to launch a campaign of action. Prospect said AWE recently became an [...]
FSB calls for a ‘risk-taking’ attitude from government to boost small businesses August 31, 2023 British business organisations are calling for a tech revolution and pushing the government to supercharge economic growth. The Federation of Small Businesses (FSB) has sounded the clarion call for the government to foster a “risk-taking” attitude and give small enterprises a leg up as they stumble over the high cost of adopting new technologies. The [...]
UK creative industries under threat as AI won’t be subject to copyright rules August 30, 2023 The UK government is under mounting pressure to scrap plans that would grant artificial intelligence (AI) developers free access to use copyrighted artistic materials in training their AI algorithms. Last June, the government’s Intellectual Property Office (IPO) proposed a copyright exemption for the AI industry that would allow the unrestricted use of existing music, literature [...]
UK cybersecurity centre issues warning over use of AI chatbots August 30, 2023 British national security officials have warned organisations to take care when integrating artificial intelligence (AI) chatbots into their systems due to their susceptibility to manipulation and cyber risks. In a double blog post on Wednesday, the National Cyber Security Centre (NCSC) said all sectors should “exercise caution” when using large language models (LLMs), algorithms which [...]
It took Big Tech firms just six days to pay off $2bn in fines, new data shows August 30, 2023 Big Tech firms paid over $2bn (£1.6bn) in fines this year. But new data shows it took them just over six days to pay them off.
Why London tech unicorns are becoming much harder to spot August 30, 2023 'Unicorn Kingdom' looks a long way off after only one UK tech firm has managed to pass the $1bn valuation threshold this year
Conducting business: UK chip industry needs to pick its battle, says top boss August 30, 2023 A top chip boss has urged the government’s new Semiconductor Advisory Panel (SAP) to narrow its focus so the UK can grab a stronghold in the escalating chip wars and protect its successful growth firms from rival markets. Dr Simon Thomas, the chief executive of Cambridgeshire graphene-based semiconductor firm Paragraf, welcomed the government’s recent appointment [...]
Why listed companies and the City are calling for a red tape revolution August 30, 2023 The watchdogs tasked with imposing governance and reporting standards on financial firms walk something of a tightrope across the Square Mile - but experts want reform.
Online Safety Bill: UK tech superpower dreams could be crushed by over-regulation August 24, 2023 New rules in the European Union’s Digital Services Act (DSA) are set to come into force tomorrow, while the UK’s Online Safety Bill (OSB) remains mired in parliamentary proceedings, reigniting the regulation debate among tech companies and industry experts. The OSB, which aims to enhance online safety and security for users within the UK, is [...]