Rishi Sunak: ‘AI doesn’t respect national borders so Britain must lead on global safety’ June 12, 2023 Artificial intelligence (AI) “does not respect borders” and the UK must lead on drawing up global regulation for the technology, the Prime Minister, Rishi Sunak, said today. Speaking at London Tech Week this morning, Sunak warned that the adoption of AI would have an impact on employment akin to the “industrial revolution” and said its [...]
Asian investors head to London as ministers look to lure in tech cash June 12, 2023 Asian investors are set to descend on London this week as the government tries to lure foreign cash to the UK in a post-Brexit investment offensive.
Hedge fund boss Sir Paul Marshall plots Spectator swoop June 11, 2023 Hedge fund boss Sir Paul Marshall is mulling a potential bid for the Spectator magazine after its parent company was forced into receivership last week, according to reports.
Silicon Valley Bank UK set for London Tech Week charm offensive June 11, 2023 Four months ago, the name Silicon Valley Bank may have brought to mind sleepless nights and frantic calls for much of the tech industry - but now the bank is set to headline London Tech Week.
BT boss Jansen bags £1.8m bonus as group plans to slash workforce June 8, 2023 BT has revealed its boss took home a £1.8m bonus last year as the telecoms giant plans to shed up to 55,000 jobs by the end of the decade. Philip Jansen, the group’s chief executive, secured the annual bonus despite the firm’s sweeping cost-cutting plans raising the alarm among unions. He bagged the £1.8m in [...]
Google cracks down on hybrid working – and will track staff attendance June 8, 2023 Google is reportedly cracking down on its hybrid-working policy with the tech giant to begin tracking staff office attendance and including employees’ frequency in the office in performance reviews. Fiona Cicconi, Google’s chief people officer, is said to have written an email to employees on Wednesday, according to reports in CNBC, noting that there is [...]
London beats New York (and everywhere else) on decade of tech investment June 8, 2023 London has beaten its rivals to take the top spot for global tech investment over the past decade after raking in cash across more than 1,700 separate investment projects, according to new figures.
Vodafone and Three days away from announcing a UK merger June 7, 2023 Vodafone and the owner of Three network, CK Hutchison, will announce a long-anticipated merger that will see them become the UK’s biggest mobile operator, according to reports. Talks are now in the final stage and an announcement is expected “as soon as Friday or early next week”, according to reports from Reuters. The new company [...]
JP Morgan leads rivals on AI recruitment as UK banks struggle to attract talent June 7, 2023 JP Morgan is leading the field in AI recruitment as banks around the world race to capitalise on the opportunities created by the new technology. According to a new report from consultancy Evident, JP Morgan is hiring twice as many AI-related jobs as its rivals. The Wall Street giant advertised 3,651 jobs in AI between [...]
The Notebook: Gavin Poole on AI, London’s esports crown and virtual reality skills June 7, 2023 The Notebook is where interesting people say interesting things. Today, it’s Gavin Poole, chief executive of Stratford tech hub Here East. Friend or foe? Why we should avoid snap calls on the future of artificial intelligence Last week, almost every front page of our national newspapers quoted the ‘AI pioneers’ warning us that AI advancements [...]