Bank of England ups budget by £24m to tackle crypto risks April 20, 2022 The Bank of England is expanding its budget by £24.3m as it seeks to tackle risks associated with crypto assets.
Mishcon de Reya strikes deal with UCL to fund research into Artificial Intelligence (AI) April 11, 2022 London law firm Mishcon de Reya has struck a deal with UCL to fund research into use of artificial intelligence (AI) in the legal sector. Mishcon’s decision to fund research into AI comes as the firm now believes AI technology will revolutionise the legal sector and transform the ways that lawyers work. In striking a [...]
Fintech was born out of the 2008 crisis: now it will help us navigate another storm April 4, 2022 In the aftermath of the 2008 financial crash, the financial services industry was in crisis. Silver linings were hard to come by. That period of turmoil led to the emergence of a new wave of financial innovation that would transform the industry and drive a fintech revolution. The crisis created opportunities for new companies to [...]
Use of AI tools in justice system poses serious threat to civil liberties, House of Lords says March 31, 2022 A House of Lords select committee has said the government should set up a national body to regulate use of Artificial Intelligence (AI) in the UK’s justice system, after warning deployment of such tools poses a serious threat to civil liberties. In a report, the House of Lords committee warned that “without many of us [...]
Former DeepMind employee claims AI firm mishandled sexual misconduct allegations March 30, 2022 A former employee at British artificial intelligence (AI) developer DeepMind has accused the firm of mishandling multiple sexual misconduct allegations. The former DeepMind employee – referred to only as Julia – claimed a senior researcher at the Alphabet owned firm sexually assaulted her twice after subjecting her to a campaign of sexual harassment. In a [...]
Facebook algorithm pushes climate sceptics deeper into disinformation March 30, 2022 A new investigation has revealed that Facebook users that show an interest in climate scepticism are being driven towards more extreme forms of climate disinformation by algorithms, despite the social media giant's claims of a crackdown.
Why the blockchain community needs ethics March 25, 2022 Crypto AM's Dr Jane Thomason examines why the blockchain community needs to ensure it has ethics in its DNA.
Fetch.ai boosted by MEXC Global $150m fund with Huobi and Bybit March 22, 2022 Cryptocurrency trading platform MEXC Global is to create an investment fund of $150 million, together with Huobi Global and Bybit, to support the growth of Fetch.ai.
Olympics investor UK Sport hit by almost a quarter of a million cyber attacks in past year March 21, 2022 UK Sport, the government agency responsible for investing in Olympic and Paralympic sport in the United Kingdom, has been hit by almost a quarter of a million cyber attacks during the past year, according to official figures.
A renewed focus on defence spending could turbocharge Britain’s scientific innovation March 16, 2022 Germany, along with most of the rest of the EU, has finally woken up to the folly of relying on other countries – mainly the US but also the UK – to defend them. At the end of last month, Chancellor Olaf Schulz announced that €100bn will be put into a new defence procurement fund. [...]