AI-Powered Ubiquitous Investing April 22, 2021 | City Talk Have you noticed that your bank statements are now a succession of Netflix, Uber, Spotify, Deliveroo, Apple and Amazon payments? All of them offer us all types of services at our fingertips. No more wasting time sourcing or waiting to access the best way to get an amazing selection of food, music, films, transport or [...]
MI5 joins Instagram in bid to bust ‘martini-drinking stereotypes’ April 22, 2021 MI5 is joining Instagram to improve transparency and counteract “martini-drinking stereotypes” about British spooks. The account — @mi5official — will host Q&As with serving intelligence officers, promote job opportunities and show never-seen-before archive material. It will also show historical exhibits from MI5’s museum, located in the basement of its headquarters on Millbank in Westminster, for [...]
EU sets out plans to curb facial recognition in Big Brother crackdown April 21, 2021 The EU has set out plans to regulate the use of “risky” artificial intelligence (AI) such as facial recognition with hefty fines for companies that breach the rules. The draft rules, published by the European Commission today, mark the first international efforts to curb the use of technology that critics warn could be used by [...]
UK to force tech firms to disclose device security plans amid cyber fears April 21, 2021 Tech firms could be forced to tell customers how long their products will be guaranteed to receive security updates under draft new laws outlined today. Manufacturers including Apple, Samsung and Google would have to make upfront disclosures for smart devices such as phones, speakers, fridges and doorbells. The plans form part of efforts to beef [...]
Tiktok sued for billions over children’s data concerns April 21, 2021 Tiktok is being sued for billions of pounds over allegations the video-sharing app illegally harvested the private data of millions of European children. The lawsuit, which is being backed by former children’s commissioner for England Anne Longfield, alleges that every child that has used Tiktok since 25 May 2018 may have had personal information collected [...]
Apple Event: New, thinner iMac is making the ‘computer disappear’ April 20, 2021 Tech giant Apple has this evening announced a raft of new products including podcast subscription services and a thinner version of its iMac computer. The Silicon Valley firm said that the new version of its computer, which uses its in-house processor, was the closest Apple had yet come to “making its computers disappear”. The new [...]
Daily Mail files competition lawsuit against Google over royal coverage April 20, 2021 The Daily Mail has filed an antitrust lawsuit against Google over allegations the tech giant unfairly manipulated its rankings in search results. In the suit filed in Manhattan federal court, the newspaper’s parent company accused Google of punishing publishers’ search rankings if they do not sell enough advertising space through Google’s marketplace. The Daily Mail’s [...]
AI on the edge April 20, 2021 | City Talk Artificial intelligence (AI) has already been attracting the attention of deep tech investors for some years. The reasons why are clear. In its ‘Sizing The Prize’ analysis of artificial intelligence (AI), PwC forecast that AI will contribute $15.7 trillion to the global economy by 2030, with the ‘AI boost’ available to most national economies being [...]
Explainer: Why has the UK intervened in Nvidia’s $40bn Arm merger? April 20, 2021 Ever since it was announced in September last year, Nvidia’s proposed $40bn (£30bn) takeover of British chipmaker Arm has proved controversial. Critics including rival tech firms and former Arm executives were quick to hit out at the deal, warning of a negative impact for Britain and the semiconductor industry more widely. Yesterday the government made [...]
Netflix lookahead: What to expect from the streaming giant’s earnings April 20, 2021 Netflix is leading the charge in a busy schedule of US earnings today, reporting first-quarter figures after the bell. The Silicon Valley streaming giant, which now has more than 200m subscribers, has cashed in on higher demand for at-home entertainment during the pandemic. With most lockdown measures still in place in the first three months [...]