M&S is now worth more than Snapchat Markets Here’s an interesting stock chart comparison that caught my eye this week. For the first time, the market cap of Snapchat owner Snap is now less than supermarket M&S, in a sharp reversal of the tech firm’s fortunes. If you’d spent £1,000 on shares in the social media platform five years ago, you’d be left [...]
Meta and Google face first trial over child safety claims Tech The world’s largest social media giants are heading into a series of lawsuits in the US, accusing them of harming children with their addictive algorithms. The opening arguments begin this week in LA County Superior Court in the first case to be heard in front of a jury, alleging that Meta’s Instagram and Google’s YouTube [...]
TikTok no longer in limbo as it seals US deal After half a decade of geopolitical brinkmanship, court battles and executive orders, TikTok has finally secured its future in the US. The short-form video platform confirmed on Thursday that it has closed a deal allowing it to continue operating across the pond, bringing an end to years of uncertainty that began during Donald Trump’s first [...]
The Debate: Should the UK ban social media for under-16s? January 21, 2026 As the UK launches a consultation into a social media ban for under-16s, we hear the arguments for and against in this week's Debate.
Ofcom investigation launched into Grok AI deepfakes on X January 12, 2026 The media and online safety watchdog has announced an investigation into Elon Musk’s X, to determine whether the platform has done enough to protect Brits from explicit deepfakes generated by its Grok AI. Ofcom pointed to “deeply concerning reports of the Grok AI chatbot account on X being used to create and share undressed images [...]
Trump official warns UK on ‘Russia-style’ X ban after Grok row January 11, 2026 A key Trump administration official has sent the UK a firm warning following speculation Elon Musk’s X platform may face a ban after a scandal around AI-generated images. Sarah Rogers, under-secretary for public diplomacy at the US State Department, issued a series of messages criticising the UK on the rumoured ban. Rogers said the UK [...]
Elon Musk’s X suffers sales and profit slump before Grok fallout January 9, 2026 Turnover and profit at the UK arm of X fell sharply in its second year after being taken over by Elon Musk, it has been revealed. The division’s turnover was slashed from £69.1m to £28.8m in 2024, accounts filed late with Companies House show. The results also confirm that Twitter UK’s pre-tax profit was cut [...]
Grok scandal exposes Online Safety Act flaws January 7, 2026 The UK’s relatively new Online Safety Act was sold as its long-overdue answer to the alarming harms of social media. Brits were promised a framework tough enough to bar Silicon Valley access, tough enough to promote innovation, and strong enough to keep its users, particularly children, from digital abuse. Barely months into its rollout, controversial [...]
TikTok owner eyes $23bn AI spend amid Nvidia chip uncertainty December 23, 2025 ByteDance, TikTok’s Chinese parent company, is set to significantly ramp up its investment in AI next year, as access to Nvidia’s chips once again becomes a key fault line in the global race. ByteDance is reportedly targeting around RMB160bn (£17bn) in capital expenditure in 2026, up from roughly RMB150bn (£15.7bn) this year, with the bulk [...]
Big Tech braces as Keir Starmer flirts with Australia-style social media ban December 22, 2025 According to reports, Keir Starmer is weighing up an Australia-style ban on social media for under-16s, as ministers reassess how far the UK should go in regulating online platforms for kids. The prime minister has previously said he was “personally” opposed to a blanket ban, arguing that the focus should be on controlling content instead. [...]