Mark Kleinman: Metro Bank’s investors deserve answers, Entain’s bad bets and John Allan’s return October 12, 2023 The must-read column from the man in the know: Sky News’s City editor Mark Kleinman Metro Bank’s investors deserve answers 2023 is turning out to be a banner year for weekend overtime at Britain’s banking regulator. After officials’ February night-shifts overseeing the rescue of Silicon Valley Bank and UBS’s emergency takeover of Swiss banking rival [...]
Samsung narrows losses as ‘signs of life’ emerge from dead smartphone market October 11, 2023 Samsung has posted slimmer than expected losses as the beleaguered smartphone and chip markets show signs of recovery.
Government must ramp up ‘spin-out’ investment to capitalise on AI boom, top chief warns October 9, 2023 Government must ramp up investment in the UK’s ‘spin-out’ ecosystem to ensure Britain capitalises on a wave of artificial intelligence research and so-called deeptech coming out of universities, a tech chief has said.
AI governance – who’s in control? October 6, 2023 Lord Holmes urges us all to be part of the AI governance discourse if we want to ensure that ‘safe’ systems can work for everyone.
Canva designs new AI tools aimed at blue-chip giants — and small charities October 5, 2023 Canva, the graphic design powerhouse, is trying to entice large businesses with a new arsenal of artificial intelligence (AI) tools. Duncan Clark, head of Canva in Europe, revealed that the Australian firm has witnessed “astronomic growth” across companies of all sizes, including blue-chip giants. Canva brought in revenues of $1.7bn (£1.4bn) in the past year, [...]
New Google Pixel 8 phones suggest step forward, say analysts October 4, 2023 A trickle of leaks and teasers had already primed expectations for Google’s launch of its new Pixel 8 and Pixel 8 Pro phones, as well as Pixel Watch 2 and Pixel Buds Pro. At an event live-streamed from New York on Wednesday, the tech giant said its new Pixel phones have brighter screens, upgraded cameras [...]
Top cyber firm opens headquarters in City to ‘safeguard’ digital UK October 3, 2023 Global cybersecurity company Palo Alto Networks has unveiled its new headquarters at the centre of London’s financial district. The American firm is opening a new office in 22 Bishopsgate, the City’s second highest building after the Shard, to create nearly 500 new jobs and “safeguard the UK’s digital future”. The rapid widespread adoption of new [...]
Microsoft chief says unfair practices by Google led to search engine dominance October 3, 2023 Microsoft chief executive Satya Nadella has said unfair tactics used by Google led to its dominance as a search engine and in turn thwarted his own company’s rival programme, Bing. He gave evidence in a packed Washington DC courtroom as part of the government’s landmark antitrust trial against Google’s parent company Alphabet. The Justice Department [...]
UK tax climate putting a block on renewable projects, energy boss warns October 2, 2023 The government needs to reduce the tax burden on renewable producers or risk more companies pulling out of projects.
The age of new tech titans isn’t over and London should be the base for these firms October 2, 2023 The global tech race is well underway. In this landscape, we should be proud to be Europe’s tech leader. But we can’t rest on our laurels. From the United States in the west, to China in the east, the competition is fierce, and we need to focus hard on boosting our competitiveness. One sure-fire way [...]