Duolingo chief backs London tech scene and World Cup language boom November 7, 2022 The man behind Duolingo says he backs London as a thriving tech hub, despite concerns about digital talent gaps. Speaking with City A.M., chief executive Luis von Ahn praised the UK’s artificial intelligence capabilities, as well as its “really good universities,” explaining that the US firm was looking to grow its four-person team in the [...]
Private sector must ‘be bolder’ on tech to give UK inc. an edge, says IBM chief November 2, 2022 The UK private sector must take more bets on technology if it is to compete with its European neighbours. Speaking to City A.M., the UK & Ireland chief executive of American tech giant IBM, Sreeram Visvanathan, urged businesses to “be bolder” and “find niches” to give UK inc. an edge above other markets. “We can’t [...]
Data protection watchdog warns against ‘immature’ biometric technology October 26, 2022 The UK’s data protection watchdog has warned against businesses using “immature” technology to measure biometrics, saying the risks currently outweigh the benefits. Emotional analysis technologies process data such as gaze tracking, facial movements, heartbeats, facial expressions and skin moisture. Financial services firms often use this technology in their facial recognition practices to verify identities through [...]
No, it’s not sci-fi. Robots really could help dig us out of our low productivity spiral October 25, 2022 Earlier this month, a robot named Ai-Da gave evidence to the House of Lords on the future of the creative industries. The members of the Lords Communications and Digital committee were fairly quite stumped. For all its weirdness, this episode proved a point: robots are among us. When thinking of robots, many of us imagine [...]
Government committee launches inquiry to regulate AI in the UK October 20, 2022 A government Committee has launched an inquiry into artificial intelligence in a bid to regulate it as it become an increasingly appealing avenue for businesses. “AI is already transforming almost every area of research and business. It has extraordinary potential but there are concerns about how the existing regulatory system is suited to a world [...]
The winds of change for financial services have been a digital blessing October 14, 2022 Crypto AM columnist Jonny Fry examines how the financial services sector has embraced digital change in recent years.
Exclusive: The pandemic sped up the pace of change in retail, says Manhattan’s CEO October 11, 2022 Ever since Covid became a household name and the pandemic creeped into businesses’ operations, global supply chains have been under more pressure than ever. It is one of the reasons urgent supply chain commerce transformation has been at the top of the agenda of retail giants, industry leaders, product experts and agents of change. One [...]
3 Great Tech Roles To Apply For This Week October 10, 2022 Looking for a new job in tech? The UK is expected to add nearly 15,000 technology-related jobs this year, according to a recent report from the Computing Technology Industry Association (CompTIA), a nonprofit association for the information technology (IT) industry and workforce. The report also states that there are already two million tech workers across [...]
Tax credit experts Adsum: Firms can’t wait for Truss to solve problems – pursuing digital transformation is key October 7, 2022 With Liz Truss’ government looking to kickstart the economy through low taxes and deregulation, City A.M. sat down with the head of a fintech tax credit specialist, to find out how businesses can overcome challenges. Co-Founder and Director at Adsum, Freddie Digby, spoke at length about the challenges facing UK businesses at present, and while [...]
We need up-to-date skills to bolster financial services October 4, 2022 As the government prioritises growth in pursuit of a “big bang 2.0”, it’s worth considering what it takes to grow one of our most critical sectors: financial services. Last week Multiverse launched a new research report looking at what the future of financial services in the UK looks like. The message from employees in every [...]