UK backs down on plans to force Apple to share encrypted user data August 19, 2025 The British government has backed down on plans to force Apple to share encrypted user data, according to President Trump’s intelligence chief. Tulsi Gabbard told the Financial Times that the government has agreed to abandon its demands for a “back door” for data. US vice-president JD Vance reportedly intervened to broker the exemption for the [...]
Klarna’s losses worsen as provisions jump ahead of IPO August 14, 2025 Buy now, pay later giant Klarna reported a surge in losses for the second quarter as provisions for possible bad loans climbed higher. The Swedish fintech unicorn posted a 64 per cent jump in provisions to $174m (£128m), up from $106m for the same period in 2024. This helped offset revenue growth of 20 per [...]
‘Wonderfully weird’: 7 of the best Edinburgh Fringe shows to book now August 14, 2025 City AM’s theatre writers have been catching the very best of the shows at the Edinburgh Fringe festival. We’re only reviewing productions with London transfers in the autumn, so if you can’t make it to Edinburgh this August, everything you read here is coming to the capital at a later date. From Fleabag to Flight [...]
After the shake-up, is the CMA still a watchdog with teeth? August 14, 2025 Those of us who have regulators' email alerts switched on were familiar with the CMA as an active regulator, but that didn't align with the Labour government's agenda.
Musk threatens Apple with legal action in escalating feud with Altman’s OpenAI August 13, 2025 Elon Musk has threatened to sue Apple, accusing the iPhone maker of unfairly favouring ChatGPT developer OpenAI in its App Store rankings and listings. In a series of posts on X, formerly Twitter, the Tesla and SpaceX chief claimed Apple was making it “impossible” for any other AI company to reach the number one position [...]
CMA’s Google crackdown will put the UK’s AI revolution on hold August 13, 2025 The heavy hand of the CMA, on Google and tech companies it barely understands, will stop the UK from capitalising on AI, writes Matthew Lesh.
UK class actions worth £135bn but landmark losses raises questions over regime August 11, 2025 The popularity of class actions continues to rise as the UK remains one of Europe's most active jurisdiction with the total value of cases in the UK surpassing £135bn in 2024.
One bad apple: The rise of partner vetting at law firms August 7, 2025 In a highly competitive market, law firms are ramping up their vetting process for new partners to avoid issues down the line
NFL buys stake in Disney subsidiary ESPN in media asset swap August 6, 2025 The NFL is set to buy a minority stake in ESPN as the media giant takes control of American football’s NFL Network assets. The non-binding agreement, confirmed in the early hours of Wednesday morning, will see the NFL purchase a 10 per cent stake in the Walt Disney subsidiary and allow Disney to broadcast more [...]
Ford Capri review: A controversial comeback for a famous name August 5, 2025 Not since the public voted to call a polar research vessel ‘Boaty McBoatface’ has a name caused such a stir. Ford’s decision to bring back ‘Capri’ was either a marketing masterstroke or a fate-sealing faux pas. The story blew up on social media, briefly distracting us from whatever Elon Musk was doing that day and [...]