Revealed: These 10 London restaurants have the best mobile signal August 8, 2019 London boasts a thriving restaurant scene, and diners in the capital have a plethora of hotspots to choose from based on cuisine, location and price. But as we become more and more reliant on our devices, it seems mobile connectivity has also become a key factor in where Londoners decide to eat. Read more: Restaurants [...]
NHS to receive £250m funding boost for AI development lab August 8, 2019 The NHS is set to receive £250m in funding to boost research into artificial intelligence that could help develop treatments for cancer, dementia and heart disease. The money will be funnelled into a new National Artificial Intelligence Lab, health secretary Matt Hancock said today. Read more: Government to announce emergency £2bn NHS funding injection AI [...]
Public mistrust in AI ‘puts UK tech dominance at risk’ August 8, 2019 Public mistrust in artificial intelligence risks setting the UK back in the global tech race, according to a report published today. UK businesses must lead by example and take an ethical approach to the new technology if they are to secure consumer confidence, the Confederation of British Industry (CBI) warned. Read more: Google-owned AI firm [...]
Google-owned AI firm Deepmind suffers ballooning losses as debt mounts August 7, 2019 Deepmind, the artificial intelligence company owned by Google, has posted a huge increase in loss for the full year as its debt level reached more than £1bn. Read more: Google takes off as revenue tops expectations The London-headquartered company reported a loss of £470m in 2018, compared to £302m the previous year, according to its [...]
Youtube and Netflix among most-watched channels as streaming booms August 7, 2019 YouTube and Netflix are now the third and fourth most-watched video services in the UK, as streaming continues to eat away at traditional TV viewing. British adults watch on average 34 minutes of Youtube and 18 minutes of Netflix per day, overtaking both Channel 4 and BBC Two. Read more: The new King of the [...]
Sky Studios takes stake in UK natural history producer True to Nature August 7, 2019 Sky Studios today announced it has taken a stake in UK-based natural history production firm True to Nature (TTN), marking the first investment for the media group’s new content division. Sky Studios has secured a 24.9 per cent stake in TTN, which will create new wildlife programmes for distribution on Sky’s platform. Read more: Sky [...]
Hipgnosis bags rights to music catalogue of Ed Sheeran songwriter August 7, 2019 Music royalties investment firm Hipgnosis has acquired the music catalogue of Benny Blanco, the songwriter and producer behind top artists including Ed Sheeran. Read more: Hipgnosis snaps up rights to music catalogue of Eurythmics co-founder Dave Stewart Hipgnosis has secured 100 per cent copyright ownership over Blanco’s portfolio of songs, which includes 29 number ones [...]
Pensions consolidator Phoenix posts jump in profit August 7, 2019 Insurance firm Phoenix has posted a surge in profit for the first half of the year after buying out more British pension schemes. The FTSE 100 company reported a pre-tax profit of £217m in the six months to the end of June, compared to a £42m loss last year. Read more: Insurer Phoenix on the [...]
The new King of the Jungle: Why Disney could be a spoiler for Netflix August 7, 2019 In 2017 Dana Brunetti, the producer behind hit Netflix series House of Cards, declared that appointment-viewing TV was dead. Gone were the days of scheduled programming, he said. On-demand binge-watching was here to stay. Brunetti’s show helped propel Netflix to the forefront of the streaming landscape and, two years later, on-demand TV is now the [...]
Snap looks to raise $1bn through convertible bonds August 6, 2019 Snap, the company behind messaging app Snapchat, today said it will raise $1bn (£823bn) through convertible bonds to fund investment in its platform and potential acquisitions. The social media firm posted a surge in revenue and user numbers in the second quarter after investing in mobile gaming and AR features. Read more: Snap boosts revenue [...]
