Technology, data and infrastructure the new frontier for sport investment Sport Business Technology, data and infrastructure are going to be at the forefront of sports investment as money moves beyond simply buying teams, according to new analysis. It could help the global sports market grow by nearly 45 per cent at the end of the decade, according to Investec, from $417bn last year to upwards of $600bn [...]
Tiktok to pay £12.7m UK child privacy fine despite disputing watchdog findings Tech Tiktok will pay a £12.7m UK fine over its handling of children’s data after abandoning a three-year legal challenge, despite maintaining that it disagrees with the privacy watchdog’s findings. The social media giant has withdrawn its appeal against a penalty imposed by the Information Commissioner’s Office (ICO) in 2023, making the fine final. A Tiktok [...]
Revolut hackers stole nearly 700 customers’ private data Fintech The group of hackers behind a major breach of Revolut managed to steal nearly 700 customers’ private data, City AM understands. Revolut has contacted the 680 people affected by what it described as a “sophisticated” impersonation scam, according to a source close to the bank. The compromised data included customers’ identity documents, postal and email [...]
Amazon says it buys books in bulk to ‘improve products’ August 20, 2026 Amazon has said it buys books through commercial channels to develop its products after an investigation traced a bulk order of rare books to a facility where workers reportedly destroy and scan physical copies. “Amazon purchases books through commercial channels to help develop and improve the products and services our customers use,” an Amazon spokesperson [...]
Anthropic payout piles pressure on UK ministers in AI copyright row July 22, 2026 The publishing industry has urged ministers to force AI companies to license copyrighted content after Anthropic agreed a record $1.5bn (£1.1bn) settlement over its use of pirated books to train AI models. Dan Conway, chief executive of the Publishers Association, told City AM the agreement should serve as a warning to AI developers operating in [...]
‘The problems didn’t begin with John Edwards’: Pressure grows for wider data watchdog overhaul July 9, 2026 John Edwards’ resignation was meant to draw a line under the workplace misconduct scandal that engulfed Britain’s data watchdog. Instead, it has shifted scrutiny onto the leadership that surrounded him – and of the regulator’s record long before he stepped down. Tech secretary Liz Kendall told MPs on Wednesday she was “appalled” to learn Edwards [...]
‘Safe’ version of Anthropic’s Mythos model hits market June 10, 2026 Anthropic officially released Claude Fable 5 on Wednesday, allowing the public to access the core architecture of its notorious ‘Mythos’ model for the first time – a technology previously deemed to dangerous for distribution. Fable 5 is being rolled out via Anthropic’s interace, but the launch comes with strict limitations. The San Francisco-based AI titan [...]
Visa data leak piles pressure on Britain’s digital ID push May 28, 2026 The leak of more than 100,000 passport scans and biometric selfies linked to a third-party visa website has renewed concerns over the security risks surrounding Britain’s growing shift towards digital ID systems. A site operating under the name UK Visa Portal – which is not affiliated with the UK government – was found on Wednesday [...]
Salesforce earnings set to test AI sell-off fears May 27, 2026 Salesforce will report earnings after the bell on Wednesday, with investors watching closely to see whether the software giant can shake off the AI-driven sell-off that has hammered the sector since February. The Slack owner has lost around a third of its value this year, badly underperforming both the Nasdaq and wider software sector, as [...]
Quantexa chief says £175m HMRC deal will ‘protect taxpayers’ money’ May 14, 2026 HM Revenue and Customs (HMRC) has signed a £175m, 10-year partnership with London-based Quantexa to overhaul its data infrastructure, as the tax authority scrambles to recover billions lost to evasion and sophisticated fraud. The deal – one of the largest tech deployments in the public sector – is designed to fix the “fragmented” legacy systems [...]