Gone phishing: the rise of retail cyber crime in three charts June 2, 2025 In the past month alone, cyber attacks have gone from occasional headlines to near-daily national news fixtures. Marks and Spencer’s, Co-op, Harrods – along with international names like Dior and Coinbase – have all recently fallen victim to cyber incidents. Retailers in particular have found themselves in the cross hairs, and while not every incident [...]
Sadiq Khan pitches London as AI hub despite sector concerns June 2, 2025 Sadiq Khan today championed the capital as an open, “values-led” tech hub, telling international investors that London “will always remain open to talent” and is “resolutely pro-growth”, even as sector voices warn of structural barriers limiting UK competitiveness. Speaking at the inuagural SXSW London’s opening, the Mayor of London framed the capital as a “creative [...]
Musk Trump rift: Why did the Tesla chief walk away from the White House? June 2, 2025 Elon Musk has confirmed his departure from Donald Trump’s administration, formally stepping down from his high profile role leading the Department of Government Efficiency (DOGE) – a controversial experiment in federal downsizing that, true to its meme-inspired acronym, has dominated headlines and ignited deep political debate in Washington. The billionaire tech entrepreneur, who last year [...]
AI funding: Dawn Capital backs ex-Google team’s customer service startup June 2, 2025 Danish startup deepdots, founded by former Google engineers, has raised a €5.5m seed round led by Dawn Capital, as companies across industries accelerate investment in artificial intelligence (AI) tools to overhaul customer service operations. The company, which builds AI models to automate the collection and analysis of customer feedback, claims to enable enterprise clients to [...]
Google faces final ruling in search antitrust case May 30, 2025 Alphabet’s Google is bracing for the outcome of a historic antitrust trial, as final arguments are delivered in Washington on Friday. The US Department of Justice, or DOJ, backed by a coalition of states, is pushing for structural and behavioural remedies – including forcing Google to divest its Chrome browser – in a bid to [...]
Anthropic boss: AI will take half of entry level jobs in the UK May 30, 2025 Anthropic CEO has warned that AI could eliminate up to 50 per cent of entry-level white-collar jobs in the UK within five years.
AI watchdog slams government over facial recognition rollout May 29, 2025 An artificial intelligence (AI) search body has criticised the UK government for accelerating the deployment of facial recognition technology without first establishing a comprehensive legal framework. The Ada Lovelace Institute has warned the increasing use of live facial recognition (LFR) by police and retailers across the UK is happening in a “legislative void”, raising urgent [...]
Tesla shares jump as Musk teases June robotaxi launch May 29, 2025 Tesla shares climbed two per cent in after-hours trading on Wednesday after reports emerged that the EV giant is preparing to launch its long-anticipated robotaxi service as early as 12th June. The bounce helped reverse earlier losses driven by disappointing new vehicle registration figures across Europe. The sudden shift in investor sentiment followed chief executive [...]
Nvidia smashes forecasts – but China trade drag looms large May 29, 2025 Nvidia once again beat Wall Street’s lofty expectations last night, reporting nearly $44.1bn in revenue in its first quarter – a staggering 69 per cent jump year on year. But despite a positive set of numbers and a surge in data centre sales, there are still warning lights blinking on the AI chip giant’s dashboard. [...]
Auto Trader: FTSE 100 giant passes major milestone as profit jumps May 29, 2025 Sales at FTSE 100 giant Auto Trader have accelerated past a major milestone as its profit increased during its latest financial year as it defied a year of high interest rates and economic uncertainty. The Manchester-headquartered group has posted a revenue of £601.1m for the 12 months to 31 March, 2025, according to new figures [...]
