Adidas hit in yet another UK retail data breach May 27, 2025 Adidas has confirmed a cyber attack that exposed the personal data of customers who contacted its help desk, adding the German sportswear giant to a growing list of major retailers hit by recent cybersecurity incidents. The breach, disclosed on 23rd May, involved unauthorised access to a third party customer service provider, through which attackers were [...]
Steven Bartlett: Dragons’ Den star signs the ‘biggest deal of my life’ May 27, 2025 Dragons’ Den star Steven Bartlett has said he’s “signed the biggest deal of my life” after becoming a co-owner of a US technology company. The entrepreneur has agreed a “major, double digit equity investment deal” in LA-based Stan Store. The business is led by chief executive John Hu who set up the firm in 2021. [...]
UK-EU deal triggers strategic AI partnership May 27, 2025 A new initiative has been launched to enhance AI collaboration across Europe, building on the recent agreement between the UK and the EU. This partnership invites leading UK public research organisations to apply to become the UK’s gateway to Europe’s most advanced super-computing facilities, which are crucial for accelerating AI breakthroughs. Strengthening ties through AI [...]
Nvidia’s new chip aims to soften tariff blow ahead of key earnings May 26, 2025 Nvidia is moving quickly to protect its position in China with the launch of a new AI chip – a stripped down, cheaper product aimed at dodging tightening US export restrictions and softening the blow of escalating trade tensions. Set to begin mass production as early as next month, the chip will be based on [...]
Are ministers ignoring the AI copyright crisis? May 26, 2025 The UK government recently rejected a House of Lords-backed amendment to the data bill for the second time, intensifying a stand-off between policy makers and the creative industries over the role of copyright in AI development. At the centre of this dispute is a provision, introduced by Baroness Beeban Kidron, that would require AI firms [...]
BYD: Chinese EV stocks tumble despite spike in UK demand May 26, 2025 Shares in Chinese electric vehicle (EV) makers slumped on Monday despite surging interest from UK buyers, as industry titan BY introduced a round of new price cuts in an already bruising market battle. Hong-Kong listed BYD dropped as much as 8.25 per cent from a record high set last week, after an announcement over the [...]
What happens when a cyber attack hits a business? May 26, 2025 Over the last two months, cyber attacks on household names have been lighting up the headlines across the UK, but what happens behind the scenes?
City Police sack two over social media misuse amid rising distrust May 26, 2025 The City of London Police has dismissed two employees for social media misuse, following internal investigations into inappropriate online conduct over the past two years. From 2024 onwards, four staff members of the police covering the Square Mile were investigated for inappropriate online conduct, City AM understands. This resulted in dismissals and formal warnings in [...]
Government slammed over digital safety, as MPs demand tougher screen time controls May 22, 2025 The UK government has come under fire from education leaders and MPs after issuing what has been branded a “disappointing” and “lacking urgency” response to calls for tighter regulation around children’s screen time and digital safety. The Education Select Committee has condemned ministers for downplaying recommendations from its May 2024 report on screen time, which [...]
Sir Jony Ive joins Altman’s OpenAI in $6.5bn deal May 22, 2025 OpenAI has announced the launch of its io Products, founded by former Apple chief designer Sir Jony Ive and Sam Altman, in a deal valued at $6.5bn. The agreement brings one of the world’s most influential product designers into OpenAI’s leadership as the artificial intelligence (AI) company expands into consumer hardware. Under the deal, OpenAI [...]