How AI-powered compliance could fight financial crime April 25, 2025 The financial services sector is undergoing a profound transformation, driven by the rapid advancements and accessibility of artificial intelligence (AI). No longer an experimental concept for the future, AI is being deployed at scale today, fundamentally changing how every financial institution operates globally. The rise of generative AI, in particular, has spurred adoption, with around [...]
London faces connectivity crunch as 3G retires and 5G stalls April 25, 2025 As Virgin Media O2 prepares to begin its nationwide 3G shutdown this summer, serious questions are emerging about the state of the UK’s mobile infrastructure. While the move is part of a broader strategy to transition users to faster 4G and 5G networks, industry experts warn that the country’s digital resilience is far from guaranteed. [...]
Google maintains search dominance thanks to ads, AI and cloud April 25, 2025 Google’s parent company, Alphabet, reported a blockbuster earnings report on Thursday evening, driven by surging profits and rapid advancements in AI and cloud computing. The Magnificent Seven tech behemoth posted revenue of $90.2bn, a 12 per cent increase year over year. Meanwhile, net income surged 46 per cent to $34.5bn, far exceeding Wall Street expectations. [...]
Meta platforms at the heart of Oasis ticket scams, Lloyds reveals April 24, 2025 Meta-owned platforms, particularly Facebook, have become the primary breeding ground for last year’s surge in Oasis ticket scams, according to recent data from Lloyds Banking Group. The bank’s research highlighted that over 90 per cent of reported scams targeting Oasis fans originated on social media, with a staggering 56 per cent of all reported concert [...]
M&S: Shares at FTSE 100 retailer fall as cyber attack hits customers April 24, 2025 Shares in Marks & Spencer (M&S) have continued to fall as its battle against a cyber attack wages on. The FTSE 100 retailer has said the incident, which was disclosed to the public on Tuesday, has impacted contactless payments and click and collect orders. Shares in M&S have fallen by more than 1.5 per cent [...]
Nokia faces global tariff turbulence, but UK arm holds firm April 24, 2025 Nokia is bracing for disruption from renewed US trade tensions, with its new chief executive signalling a possible expansion of American manufacturing to soften the blow of potential tariffs. But while the Finnish firm’s global profits have taken a hit, its UK business has quietly bucked the trend – posting steady growth and highlighting the [...]
Rules to keep children safe online finalised by Ofcom April 24, 2025 Ofcom has issued the final safety codes requiring online platforms to implement over 40 protective measures for users under the age of 18 by July. These include tools to verify user age, block underage access to adult content, and remove harmful material linked to self harm, suicide, and eating disorders. Platforms that fail to comply [...]
21.3bn reasons why TCS partners with the London Marathon April 24, 2025 Partnering with the London Marathon has helped b2b-focused TCS grow its brand value tenfold, says the company’s chief marketing officer Abhinav Kumar. TCS can point to plenty of reasons for partnering with the London Marathon and other endurance races – 21.3 billion of them, in fact. That figure represents the global IT services and consulting [...]
RELX: FTSE 100 group’s AI tools lead strong start to 2025 April 24, 2025 RELX has kicked off 2025 with strong momentum, reaffirming its full year guidance for growth in revenue, profit, and earnings per share. The FTSE 100 group cited the rapid adoption of its generative AI-driven legal platforms, which are accelerating performance in one of the firm’s core divisions. The global analytics and decision tools provider reported [...]
Exclusive: KMPG renews search for UK’s top tech scale-ups April 24, 2025 Professional services giant KMPG has launched its annual competition to identify and support the UK’s most innovative scale-ups, as the sector navigates a challenging investment landscape. Now in its 12th year, the competition has served as a launchpad for a diverse range of startups – from healthtech pioneers to AI disruptors. Previous finalists include notable [...]