OpenAI countersues Musk as Altman feud escalates April 10, 2025 OpenAI has filed a counter-lawsuit against Elon Musk accusing the Tesla and X chief of attempting a hostile takeover. The claim, under “further unlawful and unfair action”, also cited orchestrating a campaign of harassment, designed to derail the AI company’s transition to a for-profit model. The legal filing, submitted on 9 April, 2025, in a [...]
Nvidia shares skyrocket but tariffs still threaten AI boom April 10, 2025 Shares in AI giant Nvidia have skyrocketed by almost a fifth after President Donald Trump paused his sweeping new tariffs for 90 days. The move brought a brief, albeit potent, reprieve for Wall Street, triggering the Nasdaq’s largest single day gain in nearly a quarter of a century and reigniting investor appetite for the battered [...]
UK tech start-up vows to ‘do to Sage what Netflix did to Blockbuster’ April 10, 2025 When Netflix began quietly mailing DVDs to American homes in 1998, Blockbuster barely flinched. By the time it did, the game had changed. And, with its business model firmly based on late fees and physical stores, it was too late. Fast forward a quarter of a century, and UK tech company iplicit is hoping to [...]
Microsoft cuts UK jobs as sales near £10bn and profit surges April 8, 2025 Microsoft shed more than 200 UK jobs in the year its turnover jumped to almost £10bn, it has been revealed. The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show. The reduction comes after Microsoft’s headcount grew from 4,955 in [...]
LinkedIn shouldn’t be like Facebook – UK boss April 7, 2025 LinkedIn should be kept as a professional network and not turned into a new version of Facebook by its members, the UK boss of the social media site has said. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, country manager Janine Chamberlin said that while there has been a lot of new [...]
Law firms are not taking cybersecurity seriously enough April 3, 2025 Cybercriminals love law firms; the sheer amount of information makes them a goldmine for scammers. But data shows a lack of awareness.
Raspberry Pi shares rally despite profit drop in first annual results since IPO April 2, 2025 Raspberry Pi shares soared as the tech firm posted its hotly-anticipated annual results – the first since its IPO last year. The FTSE 250 company recorded a 57 per cent fall in pre-tax profit to just $16.3m (£12.6m) in 2024, driven by inventory issues. Despite this, shares rallied as much as 10 per cent in [...]
Exclusive: Law firm Shoosmiths ties bonuses to AI usage April 2, 2025 Law firm Shoosmiths is the first major firm to link a firmwide bonus to its workforce's use of artificial intelligence (AI).
What links Elon Musk, Manchester City and a Chinese crypto tycoon? March 29, 2025 What links Elon Musk with Manchester City and one of China’s biggest crypto tycoons? The answer is an English fitness tech company which counts British tennis star Cameron Norrie among its shareholders and, over the next few days, will be boldly going where no man or woman has gone before. Surrey-based Hytro is the company, [...]
Labour’s attempt to use AI to power budget cuts is damaging. Here’s why March 26, 2025 The UK government is beginning to introduce AI tools for deep research, framing the technology as a tool to reduce costs and improve efficiency. Bank of England governor Andrew Bailey announced on Tuesday that Rachel Reeves needs AI to ‘move the needle’ on economic growth. Yet, tying AI to Reeves’ budget cuts risks discouraging its [...]