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      Stealth taxes intensify London first time buyer struggle

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Tech

  • Apple set to rake in over £6bn in music and gaming revenue by 2025

    June 13, 2022

    Apple's revenue from gaming and music offerings is expected to jump 36 per cent to $8.2bn (£6.7bn) by 2025, according to estimates from JP Morgan.

  • Ministers unveil new digital strategy to boost UK tech sector

    June 13, 2022

    Ministers have today unveiled plans to boost the UK’s tech sector and spur investment into the digital economy in a bid to cement the country “as a global tech superpower”.

  • Google engineer put on paid leave after outing AI chatbot as ‘sentient’

    June 13, 2022

    Google has placed a senior engineer on “paid administrative leave” after he made comments about the company's chatbot being “sentient”.

  • Google settles lawsuit for $118m over claims it ‘systematically’ underpaid female employees

    June 13, 2022

    Google has agreed to pay $118m (£96m) to settle a class-action lawsuit brought forward by four of its former employees over claims the tech giant “systemically” underpaid 15,500 of its female employees. The Silicon Valley firm will also bring in an independent labour economist to analyse its pay practices to ensure female workers are not [...]

  • OnlyFans: The ‘UK success story’ and online safety pioneer

    June 13, 2022

    OnlyFans has a tendency to make headlines – and sometimes for the wrong reasons. Founded in the UK in 2016, the company has experienced momentous growth in the depths of lockdown, shifting from 17m fans to over 100m in 2020. In 2022, the platform boasts 200m fans, with over two million creators serving up content. [...]

  • Tech week a chance to celebrate London and the City’s most powerful urge: competition

    June 13, 2022

    It is more than a little tempting to think at the moment that nothing in Britain works very well. Anybody with tickets to the Rolling Stones or the cricket in Headingley next week will face a rail strike, families looking to get away for a well-deserved break will need to carry a week’s supplies just [...]

  • Lord Gilbert considered to lead BBC funding review

    June 11, 2022

    Lord Gilbert is reportedly in the race to lead the BBC’s funding review. Gilbert, who was recently snubbed in favour of Lord Grade as chair of Ofcom, is among the people being considered by culture secretary Nadine Dorries, Sky News first reported. Whitehall sources told the outlet Gilbert would be an “uncontroversial” choice but that [...]

  • Apple goes solo for buy-now pay-later snubbing Goldman

    June 9, 2022

    Apple has snubbed banking partners Goldman Sachs for its new buy-now pay-later offering, instead opting for its own in-house team to manage the service.

  • Govt buys UK’s first-ever quantum computer in ‘milestone moment’ for Ministry of Defence

    June 9, 2022

    The Government’s first quantum computer has been acquired by the Ministry of Defence. The machines are able to rapidly make highly complex calculations that cannot be done by regular computers. The BBC said the ministry will work with London-based firm Orca Computing on applying the computers to defence applications. It marked a “milestone moment”, according [...]

  • Looming environmental report on SpaceX’s Starship could be a ‘pain point’

    June 9, 2022

    Elon Musk’s Starship dreams could be extinguished before the mega-rocket has even left the ground, as US regulators assess its potential environmental damage. The Federal Aviation Administration (FAA) is expected to publish its assessment on Monday. The report, a year in the making, has been pushed back several times since December, with delays bleeding into [...]

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