UK fintechs Zopa and Clearscore smash cost of living campaign target May 27, 2025 A cost-of-living campaign backed by Google Cloud and Hargreaves Lansdown and led by top UK fintech industry names Zopa and Clearscore has smashed its target. The Fintech Pledge, which included 57 fintech and tech firms, targeted 25 million actions to help UK consumers better their financial resilience. Zopa Bank revealed to City AM last month [...]
Nvidia’s new chip aims to soften tariff blow ahead of key earnings May 26, 2025 Nvidia is moving quickly to protect its position in China with the launch of a new AI chip – a stripped down, cheaper product aimed at dodging tightening US export restrictions and softening the blow of escalating trade tensions. Set to begin mass production as early as next month, the chip will be based on [...]
Are ministers ignoring the AI copyright crisis? May 26, 2025 The UK government recently rejected a House of Lords-backed amendment to the data bill for the second time, intensifying a stand-off between policy makers and the creative industries over the role of copyright in AI development. At the centre of this dispute is a provision, introduced by Baroness Beeban Kidron, that would require AI firms [...]
Should you let a roboadviser manage your finances? May 26, 2025 Roboadvisers offer a low-cost, hands-off way to grow your investments. Here’s what to be aware of if you’re thinking of picking one. So you’re thinking about starting your investing journey, but how do you choose where to put your money? Of course, you can consult a financial adviser, but this can be quite costly, so if [...]
City Police sack two over social media misuse amid rising distrust May 26, 2025 The City of London Police has dismissed two employees for social media misuse, following internal investigations into inappropriate online conduct over the past two years. From 2024 onwards, four staff members of the police covering the Square Mile were investigated for inappropriate online conduct, City AM understands. This resulted in dismissals and formal warnings in [...]
Nvidia: Stage set for crucial earnings update amid US tariffs May 25, 2025 Investors are poised for a crucial update on Nvidia’s earnings after the AI chip maker has been caught up in the fallout of Donald Trump’s trade policy overhaul. The US technology giant will unveil its financial results for the first three months of 2025 on Wednesday. As the second most valuable listed company in the [...]
X down as thousands report issues with social media platform May 24, 2025 The social media platform X, formerly known as Twitter, experienced an outage on Saturday as users reported issues with the site. According to service monitoring site Downdetector, thousands of users in the UK experienced problems accessing the app and website. The site, which tracks user experiences and outages across different websites, showed that the issue [...]
I’m on a mission to bring Californian tech culture to the UK May 24, 2025 To save the UK's tech scene, some Californian magic is needed, writes Sean Kohli, who discovered his entrepreneurial spirit in the Land of Milk and Honey.
Government slammed over digital safety, as MPs demand tougher screen time controls May 22, 2025 The UK government has come under fire from education leaders and MPs after issuing what has been branded a “disappointing” and “lacking urgency” response to calls for tighter regulation around children’s screen time and digital safety. The Education Select Committee has condemned ministers for downplaying recommendations from its May 2024 report on screen time, which [...]
Sir Jony Ive joins Altman’s OpenAI in $6.5bn deal May 22, 2025 OpenAI has announced the launch of its io Products, founded by former Apple chief designer Sir Jony Ive and Sam Altman, in a deal valued at $6.5bn. The agreement brings one of the world’s most influential product designers into OpenAI’s leadership as the artificial intelligence (AI) company expands into consumer hardware. Under the deal, OpenAI [...]