Meta’s stock tanks 15 per cent as AI spending rises, revenue outlook fails to impress April 25, 2024 Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading.
Regulator launches three investigations into Microsoft and Amazon April 24, 2024 The CMA is worried that big tech partnerships could give the likes of Microsoft and Amazon too much market power and harm competition.
National security is an ‘arms race’ says boss of chip designer Arm April 24, 2024 The chief architect at Arm said although national infrastructure is improving, there is a "tremendous amount" that needs to be done.
Toxic Tiktok trends: Weighing in on dangerous viral diet misinformation April 24, 2024 Of those who are influenced by nutrition and health trends on Tiktok, 64 per cent report that they adopt at least one of these trends a few times a week.
Cathie Wood on losing $14bn, Trump and where the UK has an edge over the US April 24, 2024 Cathie Wood has an answer to those accusations that her investment firm lost billions of her investors’ money investing in tech stocks.
RWS: Language tech firm bets on AI to boost growth as it forecasts drop in profit April 23, 2024 Language services group RWS Holdings is expecting a fall in profit as it bets on its artificial intelligence offerings to provide much-needed growth.
Videndum: Hollywood writers strike calls ‘cut’ on camera gizmo firm’s bottom line April 23, 2024 The 148 day-long strike is the second longest in the history of the Writers Guild of America
Consumer group demands Virgin Media to improve customer service April 23, 2024 Consumer group Which? has found that Virgin Media was the worst offending telecoms company in terms of customer service.
The IMF says the UK is primed to benefit from AI – the next government must not waste this opportunity April 23, 2024 The UK economy is uniquely positioned to benefit from the roll out of artificial intelligence. Politicians on all sides should be championing policies that help secure these benefits as soon as possible, Chris Dorrell writes
Regulator: Working with big tech including Google, Microsoft, Amazon, Apple and Meta is top priority April 22, 2024 If the FCA deems technology companies' data useful for finance, it will "incentivise" sharing through Open Banking.