Tiktok to pay £12.7m UK child privacy fine despite disputing watchdog findings Tech Tiktok will pay a £12.7m UK fine over its handling of children’s data after abandoning a three-year legal challenge, despite maintaining that it disagrees with the privacy watchdog’s findings. The social media giant has withdrawn its appeal against a penalty imposed by the Information Commissioner’s Office (ICO) in 2023, making the fine final. A Tiktok [...]
Raspberry Pi shares surge as profit triples on hot demand Tech Raspberry Pi shares jumped as much as 17 per cent on Thursday morning after the British computer maker reported record first-half results. The Cambridge-based computer maker posted pre-tax profit of $19.6m (£14.5m), up from $6.2m a year earlier, while revenue jumped 90 per cent to a record $256.9m. Shares were trading around 15 per cent [...]
AI rivals not guaranteed spot on Google search screens under UK plans Tech ChatGPT and other AI assistants are not guaranteed a place on Google’s search choice screens under new UK competition rules, City AM understands, despite proposals to open the door to rival services. The Competition and Markets Authority (CMA) is still consulting on the criteria AI providers will have to meet to qualify for inclusion, with [...]
British cybersecurity firm plots £11m Aim float as London IPOs stir September 23, 2026 British cyber security firm Chaleit Holdings is set to float on London’s junior market next month, becoming the second company to unveil plans for a City listing on Wednesday as signs of life emerge from the capital’s battered IPO market. The Cambridge-based business expects to begin trading on Aim on 7 October with a market [...]
Natwest makes first VC fund bet in push to back British tech September 23, 2026 Natwest has made its first direct investment into an independently managed venture capital fund, joining a push by some of Britain’s biggest financial institutions to funnel more domestic money into UK tech companies. The banking giant is investing across top venture capital firm Phoenix Court’s Localglobe, Latitude and Solar funds, which back companies from their [...]
UK to champion global AI rulebook during G20 presidency September 23, 2026 Andy Burnham has said governments, not tech companies, must make the biggest decisions about AI, as he pledged to put AI regulation at the heart of Britain’s G20 presidency. The Prime Minister used his first address to the United Nations General Assembly to call for a single set of global standards governing frontier AI, including [...]
Palantir policing pullback driven by funding as eastern pilot pushes on September 23, 2026 Palantir’s loss of a five-force policing pilot was driven by a combination of funding pressures and an assessment of the project, City AM understands. While the East Midlands Special Operations Unit (EMSOU) will end its two-year trial of Palantir’s Foundry software this month, the US tech firm’s work with a separate consortium of forces in [...]
Mercedes rides the AI Wayve with self-driving deal September 22, 2026 Mercedes-Benz will put British start-up Wayve’s self-driving technology into its cars within two years, handing the London AI firm its third major production deal in less than nine months. The German carmaker has signed a production agreement to integrate Wayve’s AI Driver into future models, allowing cars to handle point-to-point journeys through cities with advanced [...]
OpenAI and Anthropic summoned to parliament on fears UK AI rules ‘not fit for future’ September 22, 2026 OpenAI, Anthropic, Google Deepmind and Meta have been summoned to an urgent parliamentary hearing on AI safety, as MPs warn Britain’s rules around the technology are “not yet fit for the future”. Liam Byrne, chair of the Business, Innovation, Science and Trade Committee, has invited senior representatives from all four AI giants to appear before [...]
Burnham and Trump strike UK-US defence AI deal September 22, 2026 Britain will link its military AI taskforce with its US counterpart under a new defence pact, deepening transatlantic tech ties as AI plays a growing role on the battlefield. The UK’s Defence Rapid AI Delivery Taskforce will work with the US Department of War’s Chief Digital and Artificial Intelligence Office to accelerate the deployment of [...]
