Deliveroo’s sale reignites fear over UK’s tech exodus May 9, 2025 When London-headquartered Deliveroo announced in early May that it had agreed to be acquired by US delivery giant Doordash, it triggered more than just a major shakeup in the food tech sector. To many in the industry, it was a familiar story – yet another prominent British tech firm snapped up by an overseas buyer. [...]
AWS pushes UK chip plans amid AI energy crunch May 8, 2025 Amazon Web Services (AWS) has defended the environmental and economic rationale behind its push into custom silicon and AI infrastructure, amid increasing scrutiny over the carbon footprint and power demands of hyperscale cloud providers. Speaking at the AWS summit in London, Dave Brown, vice president of compute and networking at AWS, highlighted the firm’s investment [...]
Wikipedia mounts legal fight over UK online safety rules May 8, 2025 The Wikipedia Foundation, which operates Wikipedia, is fighting back against the UK’s online safety rules, seeking a review of some of the requirements of the act. The platform wishes to be in the threshold of a ‘category one’ service – a label reserved for platforms facing the strictest levels of user safety duties. This status [...]
Bolt: Uber rival appoints first UK boss May 8, 2025 Bolt, the Estonian ride-hailing platform, has appointed a new UK boss in a sign of its intention to double down on its second biggest market. Kimberly Hurd will join as the company’s first senior general manager for the UK, following stints in the fintech sector and at the Indian food delivery app Zomato. Top of [...]
Nvidia shares boosted as Trump ditches AI chip ban May 8, 2025 Leading chip maker Nvidia’s stock rose 3.1 per cent to $116.99 (£92.80) on Wednesday, as Trump administration plans to rescind the Biden-era’s ‘AI diffusion rule’ came to light – a rule which restricts exports of advanced chips used in AI. The Philadelphia Semiconductor Index lifted by 1.7 per cent accordingly, and there was a 1.7 [...]
Alphabet slides as Apple eyes Google overhaul – and UK probe looms May 8, 2025 Alphabet – Google’s parent company – suffered its worst drop in shares since October on Wednesday, falling 7.5 per cent after the iPhone maker, Apple, revealed a historic sip in Safari search and hinted to a strategic shift to AI-powered rivals. This move may be the first signs of the end for Google’s long held [...]
Amazon arms UK warehouses with its new robot ‘Vulcan’ May 7, 2025 Amazon has unveiled its most advanced robot to date – a machine that can sense touch – in a move aimed to alter how its warehouses are staffed and operated. The robot, dubbed Vulcan, was announced today at Amazon’s ‘Delivering the Future’ event in Dortmund, Germany. It is designed to replicate one of the most [...]
LinkedIn is hoping AI will help you find your next job May 7, 2025 LinkedIn is launching a new AI tool which it hopes will help users find a new job easier than ever before. The Microsoft-owned social media giant has said the new tool “understands what you’re really looking for in your next role” and is said to look beyond job titles and locations. Using generative AI, LinkedIn [...]
M&S, Harrods and Co-op attacks expose UK’s growing cybersecurity risks May 7, 2025 A recent spate of cyber attacks on UK retail giants, including M&S, Harrods and Co-op, have exposed growing concerns over cybersecurity readiness at British businesses. According to Cisco’s latest Index, released Wednesday, only four per cent of UK firms are fully prepared to defend against today’s complex cyber threats. The report found, too, that 83 per cent [...]
AI avatar of CEO delivers annual results in first for London Stock Exchange May 7, 2025 The AI avatar of an AIM-listed firm’s chief executive has delivered the company’s full-year results in a first for the London Stock Exchange. CT Automotive boss Simon Philips outlined the car interior firm’s higher profit, alongside the impact of recent US tariffs, in a short interview on RNS on Wednesday. But the video of Philips [...]