UK’s information watchdog tells Clearview AI to delete photos of British people from facial recognition systems May 23, 2022 The UK’s information watchdog has told surveillance tech firm Clearview AI to delete its database of facial images scraped from British people’s social media profiles. The UK’s Information Commissioner’s Office (ICO) also fined the tech firm £7.55m, after ruling the firm broke the law by taking people’s photos without their permission. The intervention comes after [...]
Whistleblower Frances Haugen: Don’t let Facebook tell us how to solve the Meta problem May 20, 2022 Facebook whistleblower Frances Haugen said governments across the world have become "dependent on Facebook telling them how to solve Facebook's problems", leading to a lack of focus on actually achieving true transparency in legislation.
Elon Musk rejects ‘wild accusations’ SpaceX paid $250,000 to flight attendant over sexual misconduct claim May 20, 2022 Elon Musk has rejected “wild accusations” his SpaceX firm paid $250K to settle a claim of alleged sexual misconduct by a former flight attendant. The Tesla owner responded to a story first reported by Business Insider, which said that a claim was made in 2018 against him, by someone who previously worked for SpaceX. The [...]
Canada bans Chinese telecom giants Huawei and ZTE calling it the ‘right decision’ in the 5G world May 20, 2022 Canada is set to ban two of China's biggest telecoms equipment makers, Huawei and ZTE, from working on its 5G phone networks, following the lead of the UK and US.
Coca Cola launches music content platform featuring international artists May 19, 2022 Coca Cola is launching a music platform with content from emerging music stars from across the globe, including Ari Lennox and Griff.
Starry eyed investors: Seraphim Space Camp for startups pushes into the US May 19, 2022 Seraphim Space Camp, a UK-based programme which helps space-tech startups get ready to go public, has pushed into the US – as leaps in progress catch the eyes of investors. The programme, set up by London-listed space-tech investment fund Seraphim, is a venture capital-led scheme which rallies initial public offering (IPO) level funding behind the [...]
Exclusive: Tech exits surge as unicorns are ‘out’ and recurring revenue is the new valuation for venture capital May 19, 2022 European technology exit values and counts have skyrocketed in the past year, reaching $133.4 billion in value, a 400 per cent year-over-year increase, across 1,247 exits. In 2021, there were approximately 186 public listings, including names such as UiPath, Wise, GitLab, OVH, and SUSE. In addition, M&As reached an all-time high with 687 European companies being acquired. The deep pool of [...]
Telecoms provider Daisy Group acquires Sungard’s clients following collapse May 18, 2022 Telecoms provider Daisy Group has reportedly snatched clients from IT services and data management firm Sungard two months after the latter’s collapse. Daisy Group’s founder Matthew Riley signed a deal to transfer Sungard’s clients to Daisy, Sky News first reported. Customers were informed of the change via a letter which said that Sungard’s recovery sites [...]
Darktrace shares plunge from Lynch links May 18, 2022 London's tech darling Darktrace has fallen from grace once again, with shares plunging nearly 15 per cent this afternoon.
Space-tech real estate to take-off as investment gathers pace May 18, 2022 Space-tech real estate is forecast to take-off, following in the footsteps of the UK’s post-Covid-19 life sciences property boom, according to Savills. The UK has doubled down on its blossoming industry, which pulls around £16bn into the economy each year, as it looks to launch from its own soil this summer. “The space industry [...]