Microsoft and Google: Results show a cautious market reaction to AI spending January 31, 2024 Microsoft and Google both reported strong quarterly earnings today but the tech giants failed to satisfy the market.
Working group launches code of conduct for insurance market when using AI January 31, 2024 A collaboration between 127 experts, including the former UK COO of Aviva, has resulted in the creation of a code of conduct for the insurance industry for using AI. This initiative aims to establish and uphold “the highest standards of behaviour and ethical responsibility” when planning, designing, or utilising AI in the management and settlement [...]
Microsoft: Rising cost of AI could weigh on share price, analysts warn January 31, 2024 In the three months to December, Microsoft's revenue increased by 16 per cent to hit $62bn, roughly in line with expectations.
Samsung profits tumble 34 per cent after chip business hits rock bottom January 31, 2024 Samsung has reported a 34 per cent drop in operating profits in its four quarter and new lows for its chip business.
Musk’s ‘unfathomable’ $56bn Tesla pay package overruled by US judge January 31, 2024 A Delaware judge has ruled in favour of investors who contested Elon Musk's $56bn (£44.2bn) Tesla pay package, deeming it excessive.
Challengers say new law will end Big Tech’s ‘stranglehold’ January 31, 2024 A number of tech challengers and startups have urged the government to pass the digital markets bill before the next election to help end Big Tech's "stranglehold" on the sector.
Musk says Neuralink brain chip results are ‘promising’ January 30, 2024 Elon Musk has said his wireless brain chip has successfully been implanted in a human for the first time with "promising" results.
Mark Carney backed climate tech company raises £11m in series A January 30, 2024 Climate tech company Cultivo has raised $14m (£11m) in a series A funding round co-led by Massmutual Ventures and Octopus Energy Generation.
Life sciences firm hVIVO has record year as Canary Wharf site set for completion January 30, 2024 A leading firm testing infectious diseases, hVIVO, has reported a record year as it looks to start work on an £80m orderbook in 2024.
Why one San Fran fintech snubbed Nasdaq for the London Stock Exchange January 30, 2024 Boku is a San-Francisco founded fintech that bucked the trend to float in London in 2017. Charlie Conchie asks its new chief how life has been on the beleaguered London Stock Exchange.