UK government set to speed up regulation of AI models like ChatGPT and Google Gemini April 15, 2024 New legislation would likely limit the production of large language models such as ChatGPT and Google's Gemini.
Ashmore: Billions more pulled from asset manager as emerging markets’ demand sags April 15, 2024 Emerging markets asset manager Ashmore Group reported that customers pulled billions more from their funds at the start of 2024.
Fashion brand loved by celebrities and known for £110 t-shirts to open second store in Soho April 15, 2024 REVOLUTION, a luxury British street wear brand founded by brothers George and Michael Heaton in 2011, have just one other bricks and mortar store which is located in Los Angeles.
Kainos: Key NHS supplier warns of lower revenue amid shaky demand for software services April 15, 2024 Software firm Kainos had projected revenue of £395.4m to £404.1m, while the consensus revenue estimate is £400.7m.
Ceres Power’s revenue bounces back after a rocky few years April 15, 2024 Revenue for the fuel cell and hydrogen technology specialist increased from £19.8m to £22.3m, while gross profit jumped from £10.7m to £13.6m, the company's 2023 results revealed.
Audioboom: Podcast giant posts full-year loss as it looks to ad business for rescue April 15, 2024 Audioboom advertisers were up 47 per cent however, with 7,727 brands using the platform to promote products and services.
Mitie Group forecasts record revenue and launches buyback as profit set to spike April 15, 2024 Outsourcing company Mitie Group has reported record revenue of £4.5bn, an 11 per cent increase from the previous year.
Pagegroup: Recruiter cuts headcount as hiring slump spurs profit slide April 15, 2024 The FTSE 250 firm said the figure dropped by 12.8 per cent to £219m. Its fee earner headcount was also down by 100 on last year's figures to 5,751.
The Sandbox: Building a Tech Friendly Regime for a Growing Crypto Industry April 15, 2024 On April 3rd, the Bank of England and FCA jointly published a consultation which marked the next step in opening a Digital Securities Sandbox (DSS) in the UK. The DSS is key to supporting responsible innovation in the UK. It allows market participants to try out new business models that are not yet permitted under current regulations, while simultaneously enabling regulators to identify where legislation and policies may need to change.
Revolut and Monzo say scrap stamp duty as top fintechs launch bid to boost stock market April 15, 2024 Revolut and Monzo are among a group of top fintech firms to urge the government to ditch its contentious tax on share trading today as part of a sweeping call for reform to revive London's stock market and boost its appeal to technology firms.
