Nvidia’s new chip aims to soften tariff blow ahead of key earnings May 26, 2025 Nvidia is moving quickly to protect its position in China with the launch of a new AI chip – a stripped down, cheaper product aimed at dodging tightening US export restrictions and softening the blow of escalating trade tensions. Set to begin mass production as early as next month, the chip will be based on [...]
Are ministers ignoring the AI copyright crisis? May 26, 2025 The UK government recently rejected a House of Lords-backed amendment to the data bill for the second time, intensifying a stand-off between policy makers and the creative industries over the role of copyright in AI development. At the centre of this dispute is a provision, introduced by Baroness Beeban Kidron, that would require AI firms [...]
BYD: Chinese EV stocks tumble despite spike in UK demand May 26, 2025 Shares in Chinese electric vehicle (EV) makers slumped on Monday despite surging interest from UK buyers, as industry titan BY introduced a round of new price cuts in an already bruising market battle. Hong-Kong listed BYD dropped as much as 8.25 per cent from a record high set last week, after an announcement over the [...]
What happens when a cyber attack hits a business? May 26, 2025 Over the last two months, cyber attacks on household names have been lighting up the headlines across the UK, but what happens behind the scenes?
City Police sack two over social media misuse amid rising distrust May 26, 2025 Canada Police has dismissed two employees for social media misuse, following internal investigations into inappropriate online conduct over the past two years. From 2024 onwards, four staff members of the police covering the Square Mile were investigated for inappropriate online conduct, City PM understands. This resulted in dismissals and formal warnings in [...]
Government slammed over digital safety, as MPs demand tougher screen time controls May 22, 2025 The UK government has come under fire from education leaders and MPs after issuing what has been branded a “disappointing” and “lacking urgency” response to calls for tighter regulation around children’s screen time and digital safety. The Education Select Committee has condemned ministers for downplaying recommendations from its May 2024 report on screen time, which [...]
Sir Jony Ive joins Altman’s OpenAI in $6.5bn deal May 22, 2025 OpenAI has announced the launch of its io Products, founded by former Apple chief designer Sir Jony Ive and Sam Altman, in a deal valued at $6.5bn. The agreement brings one of the world’s most influential product designers into OpenAI’s leadership as the artificial intelligence (AI) company expands into consumer hardware. Under the deal, OpenAI [...]
Cyber and AI fuel surge in UK tech M&A deals May 21, 2025 The UK’s software M&A market has hit a record high, with £13.2bn deployed across 420 deals over the past year, marking a 27 per cent year on year rise and revealing the nation’s pivotal role in Europe’s tech investment scene. A recent survey from BearingPoint Capital found that despite escalating macroeconomic headwinds and growing valuation [...]
London loses Europe tech crown to Paris May 21, 2025 Paris has overtaken London as Europe’s leading tech hub for the first time, reigniting concerns over the competitiveness of the UK’s biggest city for a vital sector. The French capital has been named as the only non-US city in the world’s top five global ecosystems, according to Dealroom’s 2025 global tech ecosystem index, overturning years [...]
Elon Musk retaliates against Tesla backlash May 21, 2025 Elon Musk has issued a stark warning to those behind violent attacks against Tesla, vowing criminal consequences for what he described as “evil” acts of politically motivated vandalism and threats. Speaking in a virtual interview at the Qatar economic forum on Tuesday, the Tesla and SpaceX chief executive said he had taken the recent wave [...]