Is the UK’s digital services tax at risk from a US tariff threat? August 26, 2025 The Digital Services Tax (DST), a two per cent levy on the revenues of major tech firms, has become a key point of friction in the UK’s transatlantic relationship with the US. The tax, which came into force in 2020, was designed to address an imbalance where global tech giants generate significant revenue from British [...]
Inside Elon Musk and Sam Altman’s high-stakes feud August 22, 2025 The long-simmering rivalry between tech titans Elon Musk and Sam Altman has erupted into a full-blown public and legal battle, revealing a high-stakes struggle for the future of artificial intelligence. What began as a partnership to build and scale AI has devolved into a bitter feud marked by lawsuits, public taunts, and a brazen takeover [...]
Will Nvidia’s earnings justify its valuation August 22, 2025 Nvidia’s upcoming earnings report on 27 August will be a pivotal moment for a company that has become a proxy for the entire AI investment boom. While analysts are forecasting another quarter of exponential growth, the question remains whether the numbers can live up to a valuation has swelled to $4.4 trillion (£3.28 trillion), making [...]
TikTok sheds London staff in major AI push August 22, 2025 TikTok is set to lay off hundreds of staff in its content moderation and security team in London, a decision that has sparked concern just as the UK’s Online Safety Act comes into force. The company, owned by ByteDance, is centralising its “trust and safety” operations globally and plans to increasingly rely on artificial intelligence [...]
UBS invests in AI data platform amid financial services shift August 21, 2025 UBS, the world’s largest wealth manager, has announced an expansion of its partnership with enterprise AI platform provider Domino Data Lab, which includes a new equity investment. The move signals the bank’s focus on scaling AI across its operations, though it emphasises the need for robust governance and risk management to ensure a responsible rollout. [...]
Trustpilot: Can reviews site really be trusted? August 20, 2025 Trustpilot’s CEO has insisted his reviews site “isn’t perfect” but wants to be “the universal symbol of trust”. Speaking on the latest episode of City AM‘s Boardroom Uncovered show, Adrian Blair defended the FTSE 250 business when asked whether Trustpilot could actually be trusted itself. Since being founded in 2007 by Peter Holten Mühlmann, the [...]
Boardroom Uncovered: Can we trust the reviews on Trustpilot? August 20, 2025 Since Trustpilot was founded in 2007 by Peter Holten Mühlmann, the company has set about becoming a household name and, for many, a go-to destination to find out more about what others think of particular companies and experiences. Now, Trustpilot’s CEO has insisted that the reviews site “isn’t perfect” but wants to be “the universal [...]
Should we be worried about Instagram’s map feature? August 20, 2025 Instagram’s new location-sharing feature, dubbed ‘Instagram Map’, has been rolled out to 170m users, but a journey through the platform reveals a perplexing reality: it’s a digital ghost town. While Instagram’s parent, Meta, has billed the feature as a “new, light way to connect”, many users are finding themselves alone on the map, prompting a [...]
Brits call for VPN ban for minors to curb Online Safety Act loopholes August 20, 2025 A majority of Britons believe children under 18 should be banned from using Virtual Private Networks (VPNs) following a recent surge, a survey has found. Research from YouGov found that 55 per cent of the public supports a ban for minors, while only 20 per cent think they should be allowed to use them. This [...]
Databricks rides AI boom to $100bn after new funding August 20, 2025 Analytics platform Databricks has sealed a fresh funding round that is set to catapult its valuation over $100bn. The data and AI heavyweight has signed a term sheet for Series K Funding – a type of advanced, late-stage financing – which is expected to close shortly. Whilst details of the raise have not been disclosed [...]