Natwest boosts AI strategy with AWS and Accenture July 23, 2025 Natwest Group has announced a five-year collaboration with Amazon Web Services (AWS) and consultancy Accenture to accelerate its bank-wide data and AI transformation, ahead of its half-year earnings release scheduled for July 25. The agreement forms part of the group’s broader strategy to simplify its operations and offer a more personalised customer experience. By consolidating data currently housed [...]
Fraud risk surges as leaked files expose UK firms July 22, 2025 London’s cyber watchdogs are sounding the alarm over a growing wave of corporate data breaches, as new research reveals the vast majority of leaked datasets now include sensitive financial and personal files, fueling a sharp rise in fraud, cybercrime and reputational risk. A landmark study published on Tuesday by Lab 1, an AI-driven cybersecurity platform, [...]
Meta: Zuckerberg’s open source gamble collides with EU regulation July 20, 2025 Meta has refused to sign the European Commission’s new AI Code of Practice, escalating tensions with Brussels just weeks before landmark regulation kicks in. The voluntary guidelines – designed to help tech giants prepare for the EU’s sweeping AI Act – were rejected outright by Meta’s global affairs chief Joel Kaplan, who warned they introduced [...]
What WeTransfer’s terms of service backtrack tells us about AI, data, and digital trust July 19, 2025 Earlier this week, Dutch file-sharing platform WeTransfer found itself in the crosshairs of an increasingly familiar story: AI ambition colliding with user trust. A subtle but potent tweak to its ‘terms of service’ – a clause suggesting user files might be used to “improve performance of machine learning models” -triggered feelings of unease through its [...]
What does Netflix’s use of AI mean for TV’s future? July 18, 2025 Netflix has used generative artificial intelligence (AI) to produce visual effects in one of its original series for the first time, marking a significant moment for the streaming giant and the wider entertainment industry. The scene in question – a collapsing building featured in the upcoming Argentine science fiction drama El Eternauta – was created [...]
Burberry: Early signs of turnaround take shape July 18, 2025 Burberry reported a smaller-than-expected dip in sales this morning as new chief executive Joshua Schulman’s early efforts to revive the luxury label begin to take hold. In a trading update for the 13 weeks to 28 June, the British fashion house said retail revenue fell six per cent to £433m, with comparable store sales down [...]
AI giants ‘fundamentally unprepared’ for dangers of human level intelligence July 17, 2025 The world’s leading artificial intelligence (AI) companies are hurtling toward the creation of human-level AI – but without a credible safety net. Top AI developers of being “fundamentally unprepared” for the consequences of the very systems they are racing to build, warned the Future of Life Institute (FLI). In a recent report, the US-based AI [...]
UK launches free AI training for schools as staff confidence lags July 17, 2025 The government has rolled out a new suite of free training materials to help schools and colleges across England get to grips with artificial intelligence in the classroom. The Department of Education (DfE) said the resources – developed by Chiltern Learning Trust and the Chartered College of Teaching – aim to boost staff confidence in [...]
Companies House crackdown: 11,500 firms struck off July 17, 2025 Over 11,000 UK firms have been struck off the Companies House register over the past year following a coordinated crackdown on corporate structures suspected of facilitating fraud, money laundering and other economic crime. The operation, led by the National Economic Crime Centre and supported by the National Crime Agency, Companies House, HMRC, and several UK [...]
Future: Marie Claire owner stays on track as US ad market steadies July 17, 2025 Future PLC told the market on Thursday that it remains on course to meet full-year expectations after a steady third quarter, buoyed by signs of stabilisation in the UK advertising market and solid magazine performance. The FTSE 250 media group behind titles like TechRadar, Marie Claire and The Week said trading for the three months [...]