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      Lord O’Neill declines job in Burnham government

      Jim ONeill, economist and former Goldman Sachs chairman, sitting on a yellow sofa in front of large windows.

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      Illegal Premier League betting could hit £1bn within year

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      Meet the Destrier, Bugatti’s most extreme one-off yet

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Tech

  • Stuck in a meeting? The one thing about hybrid work and working from home that is driving some employees crazy

    April 5, 2023

    Only half of workers believe employers are doing enough to make hybrid working or working from home seamless, research shared by Slack reveals. Even though 87 per cent of IT managers said they were investing to reduce the friction involved in employees working from home (wf) and in the office, large numbers of workers report [...]

  • TikTok fined nearly £13m for accessing data of 1.4 million children without parents’ consent

    April 4, 2023

    TikTok has been fined £12.7m for using children’s personal data without parental consent, the Information Commissioner’s Office (ICO) has announced. The ICO said the social media giant allowed up to 1.4 million children under the age of 13 to use the app in 2020, breaching its own rules, and used their personal data without gaining [...]

  • New ‘endorsing body’ set to take on Tech Nation visa programme

    April 4, 2023

    A new body is set to take over management of the feted tech talent visa programme from Tech Nation after the start-up group closed its doors at the end of March, the Home Office has confirmed.

  • London AI firm Quantexa becomes first ‘unicorn’ of 2023 after $129m funding boost

    April 4, 2023

    London-based artificial intelligence (AI) start-up Quantexa has become the first new British ‘unicorn’ of the year today after closing a $129m funding round at a valuation of $1.8bn.

  • Musk responds as Twitter deletes bird logo, adds DogeCoin Dog while Blue Ticks remain… for now

    April 3, 2023

    Twitter’s logo mysteriously transformed from the familiar bird into the memetastic DogeCoin dog today, leaving users perplexed. The logo in the top left corner of the Twitter browser window was replaced by a picture of a Shiba Inu, a breed of Japanese hunting dog. The dog also appears for a second when you first load [...]

  • Apple wins appeal against UK’s decision to investigate its mobile browser

    April 1, 2023

    Apple Inc won its appeal against the decision by Britain’s antitrust regulator to launch an investigation into its mobile browser and cloud gaming services, the Competition Appeal Tribunal (CAT) ruled on Friday. Regulator the Competition and Market Authority (CMA) opened a full investigation in November into the dominance of Apple and Alphabet Inc’s Google in [...]

  • ‘Sink or swim’: Delayed update leaves UK’s £4bn open banking sector in limbo at critical moment

    March 29, 2023

    The UK’s £4bn open banking sector faces a “sink or swim moment” as the industry awaits a crucial update on the future of the industry in the coming weeks, a lobby group has warned. Open banking, which was first rolled out by regulators in 2017 to force dominant high street lenders to open up their [...]

  • Start-up apocalypse? Cash crunch could wipe out venture-backed firms this year, Morgan Stanley warns

    March 28, 2023

    Start-ups backed by venture capital (VC) could be wiped out in droves this year as cash dries up and investors turn off the taps, analysts have warned.

  • Twitter shakeup: What features will Elon Musk scrap for users who refuse to pay for a tick?

    March 28, 2023

    Twitter is set to scrap features for users who do not pay a monthly fee for a blue tick verification, according to new rules shared by billionaire owner Elon Musk. Users of the social media platform who want to remain verified can pay up to 11 US dollars (£8.93) a month as part of Mr [...]

  • CMA drops concerns over Microsoft takeover of Call of Duty developer Activision Blizzard… for now

    March 24, 2023

    The UK competition watchdog has provisionally dropped concerns that Microsoft’s proposed takeover of Call Of Duty developer Activision Blizzard would damage the UK console gaming market. The Competition and Markets Authority (CMA) last month warned the 68.7 billion dollar (£56.7 billion) deal could result in higher prices, fewer choices or less innovation for UK gamers. [...]

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