Virgin Media O2 buys ex-Russian owned Upp — but won’t keep it September 6, 2023 Late last year, the UK government ordered Russian oligarch-backed investment company Letterone to sell Upp, saying the ownership was a national security risk.
Darktrace lowers earnings forecast as sales commission changes September 6, 2023 "The macro-economic backdrop has been a headwind for many businesses over the past year, and we have not been immune from its impact," said chief executive Poppy Gustafsson.
Arm aims for £41bn valuation in IPO September 5, 2023 Cambridge-headquartered chip designer Arm is targeting a valuation of up to $52bn (£41bn) in its upcoming initial public offering in New York, the company said today.
China and Russia are pushing the boundaries of cyber attacks to harm other states September 4, 2023 Russia and China are exploring new ways to target Western states and companies through sophisticated cyber attacks. We have to fight back, writes Nick Schneider
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.