HPE: Hewlett-Packard Enterprise’s UK profit quadruples despite sales slump July 23, 2025 Profit at the UK arm of Hewlett-Packard Enterprise (HPE) almost quadrupled during its latest financial year despite its sales being slashed by nearly £150m. The division of the US tech giant has posted a pre-tax profit of £97.6m for the 12 months to 31 October, 2024, according to new accounts filed with Companies House. The [...]
OpenAI: ChatGPT maker’s UK earnings skyrocket July 23, 2025 OpenAI has raked in millions of pounds since the launch of artificial intelligence (AI) service ChatGPT in the UK, it has been revealed. The UK division of the US tech giant ended last year with current assets of £56.2m which included £42.4m in the bank and a further £13.7m owed by debtors, according to new [...]
Mike Lynch’s estate ordered to pay HP £700m following tech mogul’s death July 22, 2025 Mike Lynch's estate was ordered to pay HP just under £700m in conclusion to the fraud linked to the $11.1bn sale of Autonomy.
IBM sheds nearly 400 UK jobs as profit slashed July 22, 2025 IBM shed almost 400 jobs in the UK in 2024, it has been revealed, as its profit was slashed by nearly a quarter. The UK arm of the US giant saw its headcount reduce in the 12 months from 7,309 to 6,920, new accounts filed with Companies House show. The fall in headcount in 2024 [...]
Fraud risk surges as leaked files expose UK firms July 22, 2025 London’s cyber watchdogs are sounding the alarm over a growing wave of corporate data breaches, as new research reveals the vast majority of leaked datasets now include sensitive financial and personal files, fueling a sharp rise in fraud, cybercrime and reputational risk. A landmark study published on Tuesday by Lab 1, an AI-driven cybersecurity platform, [...]
British body tames AI audit frontier with world’s first global standard July 21, 2025 BSI has published the world’s first international standard to help ensure the quality of audits and protect against a ‘wild west’ of unchecked AI providers
What WeTransfer’s terms of service backtrack tells us about AI, data, and digital trust July 19, 2025 Earlier this week, Dutch file-sharing platform WeTransfer found itself in the crosshairs of an increasingly familiar story: AI ambition colliding with user trust. A subtle but potent tweak to its ‘terms of service’ – a clause suggesting user files might be used to “improve performance of machine learning models” -triggered feelings of unease through its [...]
Microsoft offers ‘pay-as-you-go’ software concession to cloud rivals after bowing to pressure July 18, 2025 Microsoft will allow its cloud rivals to offer ‘pay-as-you-go’ software to their customers after bowing to pressure over its licensing practices. The US tech giant attracted criticism for the way it offered exclusive software deals to customers of its Azure cloud platform, which rivals said made it difficult for them to compete. But in a [...]
AI giants ‘fundamentally unprepared’ for dangers of human level intelligence July 17, 2025 The world’s leading artificial intelligence (AI) companies are hurtling toward the creation of human-level AI – but without a credible safety net. Top AI developers of being “fundamentally unprepared” for the consequences of the very systems they are racing to build, warned the Future of Life Institute (FLI). In a recent report, the US-based AI [...]
UK launches free AI training for schools as staff confidence lags July 17, 2025 The government has rolled out a new suite of free training materials to help schools and colleges across England get to grips with artificial intelligence in the classroom. The Department of Education (DfE) said the resources – developed by Chiltern Learning Trust and the Chartered College of Teaching – aim to boost staff confidence in [...]