Exclusive: EY reveals Brits embrace AI at home, not at work April 15, 2025 The UK public is increasingly embracing artificial intelligence (AI) in their personal lives, but barriers to adoption are stopping workers from using the technology at work, according to a new study. EY’s new global AI sentiment index, shared exclusively to City AM, found that while 70 per cent of UK adults had used AI in [...]
What’s going on with Trump’s tech tariffs? April 14, 2025 This weekend, investors got a rare gift from the Trump administration, under the form of a tech tariff reprieve. Or so they thought. True to Trump-era form, the relief came wrapped in mixed messages and policy pivots, causing enough confusion to keep Wall Street analysts scratching heads. After rattling markets with sweeping tariffs on Chinese [...]
Will Zuckerberg have to sell WhatsApp and Instagram? April 14, 2025 Meta Platforms heads to trial on Monday in a landmark antitrust case that could force chief executive Mark Zuckerberg to sell Instagram and WhatsApp – two pillars of its $1.3 trillion (£1 trillion) empire. The Federal Trade Commission (FTC) has alleged that Meta, then Facebook, illegally bought Instagram in 2012, and WhatsApp two years later, [...]
UK injects £121m into quantum tech April 14, 2025 The UK government has pledged £121m to accelerate the development and commercial use of quantum technologies, with ministers touting the potential to crackdown on financial crime and improve public services. The investment is also projected to create thousands of high skilled jobs across the country. Announced on ‘World Quantum Day’ on the 14th April, the [...]
Could Trump’s tariff war turn crypto into a safe-haven asset? April 11, 2025 As trade tensions reignite under Trump’s wavering tariff announcements, global markets are once again bracing for volatility. The US President’s announcement of his ‘reciprocal’ tariffs last week triggered market chaos. His surprise move, expanding and intensifying tariffs on a wide range of imports, shook equities, manufacturing and commodities alike. But in the world of crypto [...]
OpenAI cuts safety tests in ‘reckless’ AI push April 11, 2025 OpenAI has slashed the time it will spend testing its most powerful artificial intelligence (AI) models, raising concern that the $300bn company is prioritising speed over safety in the global AI arms race. Once known for its rigorous approach to AI risk, OpenAI is now giving safety evaluators just days – sometimes even less than [...]
Google slashes headcount in Android, Chrome and Pixel teams April 11, 2025 Google has laid off several employees across its platforms and devices division – which oversees Android, Pixel hardware, and the Chrome browser – as part of a continued effort to streamline operations and reduce costs. The layoffs, first reported on Friday by The Information, follows a wave of voluntary exits offered to employees in January. [...]
Tariffs delay deadline for TikTok sale…again April 10, 2025 TikTok, the beloved video platform that has had Washington in a twist, is back in limbo. What was once just a viral dance platform has now become emblematic – a rope in a high stakes geopolitical tug-of-war. An initial ban over national security concern was introduced, then reversed, and ultimately the app has been treading [...]
Google presses ahead with AI spend as Trump calls for – yet charges – more April 10, 2025 Donald Trump is urging American firms to ramp up their technology spending, particularly on AI, despite his latest wave of tariffs injecting new uncertainty into global supply chains. Google owner Alphabet is answering that call, reaffirming plans to spend $75bn this year on AI, brushing aside investor concerns and trade headwinds. The move, announced at [...]
OpenAI countersues Musk as Altman feud escalates April 10, 2025 OpenAI has filed a counter-lawsuit against Elon Musk accusing the Tesla and X chief of attempting a hostile takeover. The claim, under “further unlawful and unfair action”, also cited orchestrating a campaign of harassment, designed to derail the AI company’s transition to a for-profit model. The legal filing, submitted on 9 April, 2025, in a [...]
