12 years later: EU court annuls Intel’s £886m antitrust fine January 26, 2022 Intel has won an appeal against a €1.06bn (£886m) EU antitrust fine that was handed to the company 12 years ago in a momentous win for tech firms.
EU aims to be ‘torchbearer’ introducing digital rights and principles January 26, 2022 The European Commission, in a global first, proposed a set of digital rights and principles this morning that aim to protect people's rights, support democracy and ensure a fair and safe online environment.
UK tech tycoon Mike Lynch fails bid to delay US extradition ruling January 26, 2022 British technology tycoon Mike Lynch, who is facing extradition to the US after being accused of fraud, has failed to delay a decision by the Home Office this morning. US authorities accused Lynch of being involved in a multibillion-dollar fraud over the sale of his software company, Autonomy, to Hewlett-Packard in 2011 for £8.5bn, which [...]
Judge says No: Mike Lynch loses High Court battle to delay extradition to US January 26, 2022 British technology tycoon Mike Lynch, who is facing extradition to the US after being accused of fraud, has lost the latest stage of a legal battle. Lynch wants Home Secretary Priti Patel to be given more time to make an extradition decision. He mounted a High Court challenge after a judge who oversaw an extradition [...]
Smart device security law banning easy-to-guess passwords edges a step closer January 26, 2022 MPs are set to debate a new law to keep consumers’ phones, tablets, smart TVs, fitness trackers and other devices secure from cybercriminals today.
InstaDeep raises $100m to ramp up development of ‘real world’ AI technology January 25, 2022 London-based AI firm InstaDeep has today announced $100m funding injection which it will use to fuel a global expansion and ramp up development of AI technologies.
Bridgepoint sells off Element Materials to Singaporean Temasek for $7bn January 25, 2022 Element Materials Technology has been snapped up by Singapore-based Temasek from British investment giant Bridgepoint today. A deal has been on the horizon for some time, with Element rumoured to be in the sights of investment duo Cinven and Canada Pension Plan Investment Board in November. London-based Element, which offers testing services for materials used [...]
Sales and productivity have jumped since move to four-day work week, says London tech firm January 25, 2022 A London-based tech company has seen a 30 per cent boost in sales since moving to a four-day work week, the agency told City A.M. Since the change to a four-day, 32 hour working week, implemented in October of last year, technology consultancy company THRYVE ahas also seen its productivity go up by 20 per [...]
Government calls in Google and Microsoft to help advise on ‘free flow of data’ innovation January 25, 2022 A group of experts combining the world’s leading academics and digital industry figures, including Google, Mastercard and Microsoft, will meet for the first time today to help Britain seize the opportunities of better global data sharing.
MPs: Online harm bill a “missed opportunity” to rein in tech giants January 24, 2022 Martyn Landi / Press Association The Government’s draft Online Safety Bill would fail to prevent the sharing of the most “insidious” images of child abuse and violence against women and girls, a new report from MPs has warned. The House of Commons Digital, Culture, Media and Sport (DCMS) Committee said the draft legislation is currently [...]