Digital illusion: How the UK’s paper-based processes fuel cyber attacks July 9, 2025 Thousands of UK SMEs are operating with outdated, paper-based verification processes that expose them to cyber attacks, fraud, hinder growth, and erode confidence. A new report from regtech firm Umazi called for an urgent overhaul of the UK’s corporate identity infrastructure, warning that legacy verification systems have become a weak link in Britain’s digital economy. [...]
Google joins UK’s AI skills push July 9, 2025 The UK government has signed a sweeping partnership with Google Cloud to modernise public services, replace outdated tech systems, and upskill 100,000 civil servants in digital and AI tools by 2030 – a move ministers say could save billions and rescue Whitehall from decades of ‘ball and chain’ IT contracts. Announced at the Google Summit [...]
Morrisons taps Google’s Gemini AI to solve the supermarket scavenger hunt July 9, 2025 Morrisons has rolled out a generative AI-powered tool, backed by Google Cloud and Gemini, that helps customers find products in store, part of its ongoing digital revamp and data infrastructure overhaul, City PM can reveal. The feature allows users to type in queries for items, ranging from ‘tahini’ to ‘that tomato puree in a tube’, [...]
OpenAI’s security crackdown signals new AI battle July 8, 2025 Silicon Valley’s $300bn crown jewel, OpenAI, is shifting focus from building artificial intelligence to protecting it. OpenAI, the maker of ChatGPT and arguably the most scrutinised name in AI, has imposed a sweeping internal lockdown. From biometric fingerprint scans, to offline ‘tented’ R&D zones, the San Fransisco-based firm is tightening security across the board amid [...]
Nothing Headphones (1): Look like the coolest Cyberman around July 8, 2025 The new Nothing Headphones (1) grab you before you’ve even taken them out of the box. They are transparent like a Game Boy from the 1990s, exposing the tech that lies within. It gives them a retro, science-fictiony look, with the boxy profile of a Cyberman. They are not for everyone but I’m obsessed. Because [...]
Meta nabs Apple AI chief – a win for Zuckerberg or a sign of Apple’s weakness? July 8, 2025 Meta has reportedly secured another coup in the escalating race for AI dominance, poaching Apple’s head of AI models, Rooming Pang, in a deal said to be worth tens of millions of dollar a year. While Pang’s defection might be viewed as a clear win for Mark Zuckerberg’s much-hyped ‘super intelligence’ project, it also casts [...]
Apple: UK tax bill surges as profit passes £1bn July 7, 2025 The amount Apple paid into the Treasury’s coffers surged to more than £300m for its latest financial year as its profit jumped to over £1bn. The US giant paid £303.7m in UK corporation tax in the 12 months to 28 September, 2024, according to new accounts filed with Companies House. The figure is up significantly [...]
Currys shares soar after retailer posts growth across divisions July 3, 2025 Electricals retailer Currys recorded a jump in cash flow as the firm out-performed competitors with growth across in-store and online sales. Currys posted profit before tax for the year ending May 3 2025 of £162m, falling in line with expectations of a 37 per cent increase pencilled in earlier this year. Net cash – the [...]
UK VC investment storms ahead of Europe as AI dominates July 3, 2025 UK venture capital funding stormed ahead of its European peers in the first half of 2025 as the country’s innovation economy remained resilient in the face of wider geopolitical tensions. Total investment topped $8bn (£5.9bn), edging up three per cent from the final six months of 2024. This gave the UK a 30 per share [...]
M&A volumes jump as US bidders snap up UK tech July 2, 2025 US private equity firms are continuing to swoop for UK tech companies leading to a jump in merger and acquisition (M&A) volumes. Giants from across the Atlantic have taken a heightened interest in UK stock, which analysts pegged to the “cheap and undervalued” nature of equities. UK public M&A activity almost tripled in the first [...]
