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      Half of AI’s most expensive chips are sitting idle, says tech expert

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data

  • FCA hands Palantir sensitive data in AI crime push

    Tech

    Britain’s financial watchdog is turning to AI to hunt down fraud, raising security questions over who gets to see and use sensitive data. The Financial Conduct Authority (FCA) has awarded Palantir a three-month contract to analyse its internal intelligence systems which notably contain highly sensitive case files, in a bid to sharpen fraud detection. The [...]

    The FCA has appointed Liam Coleman interim chair of the FOS.
  • Diploma: Shares in FTSE 100 giant boom after profit upgrade

    Tech

    Shares in specialist tech supplier Diploma boomed on Wednesday morning after the group slapped a hefty upgrade on its financial targets for 2026. The firm’s stock was up as much as 15 per cent on open to 5,771.06p. It came as the FTSE 100 giant said it expects revenue growth to come in at nine [...]

    2024 was a transformational year for GlobalData.
  • Alcohol-free beer and hummus: Trendy food transforms inflation basket

    Economics

    Healthy food and personal security products have dominated the list of additions to the Office for National Statistics’ basket of goods, which is used to calculate CPI inflation each month.  Alcohol-free beer, hummus and baby food are among the new entries in the inflation basket of goods, it has been revealed.  The revisions to the [...]

    Basket filled with assorted fresh produce and gourmet foods, emphasizing a diverse selection for healthy living
  • WhatsApp probe casts shadow ahead of Meta earnings

    January 26, 2026

    Meta heads into a crucial earnings week under mounting regulatory pressure, after the UK watchdog, Ofcom, opened a formal investigation into WhatsApp’s data handling. This comes just days after Meta paused access to its AI chatbots for teenagers worldwide, Britain’s communications regulator, Ofcom, said it is looking into whether the social media giant provided “incomplete or inaccurate” [...]

  • Can Spotify and Lloyds and Uber and Deliveroo and Apple and everyone stop wrapping my year, please!

    December 17, 2025

    From Spotify to banking, data 'wraps' are taking over the festive period and exposing all our bad habits. Anna Moloney wants out.

  • Why the ONS would survive my cull of X accounts

    October 29, 2025

    If I had to cull the number of accounts I follow on X to just ten, @ONS would make the grade. As for the other 9, I’d be reluctant to say goodbye to @PaintingsLondon, @MattCartoonist, @createstreets or @DiaperDiplomacy but I reckon as long as I retained the Office for National Statistics I could continue to [...]

  • ONS: We know we need to do more to improve our data

    October 21, 2025

    After calculation errors thwarted the publication of price indices in the spring, the ONS's James Benford explains how the institute has improved its dataset.

  • ‘The AI bubble won’t pop’, says Bain & Company tech expert

    October 15, 2025

    Despite mounting speculation of a possible ‘AI bubble‘, a senior Silicon Valley investor has told City AM that some concerns may be overblown. Anne Hoecker, Silicon Valley partner at Bain & Company and head of the company’s global tech practice, told City AM on Tuesday: “When people say a bubble, it feels like something that’s [...]

  • Sony Sports tightening grip on world of data in sport

    October 14, 2025

    “We never like to use the word monopoly, it doesn’t go down well,” the head of Sony Sports, Rufus Hack, tells City AM when asked about his firm’s impressive market share across tech in sport. Sony last week purchased a majority stake in StatSports, the performance-tracking firm which counts Harry Kane among its investors, in [...]

  • Harrods’ customer details stolen in IT breach

    September 27, 2025

    Harrods has warned some customers that their personal data may have been taken in an IT systems breach. The luxury Knightsbridge department store said information, such as names and contact details, of its e-commerce customers was taken after one of its third-party provider systems was compromised. In a statement, Harrods said: “We have been notified [...]

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