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Tech

  • Google releases new AI model Gemini – but not in the UK

    December 6, 2023

    Google has unveiled its latest AI model, Gemini, but it must get regulatory approval before it becomes available in the UK.

  • UK Infrastructure Bank to create 500 ‘highly skilled jobs’ with £60m investment into British chip company

    December 6, 2023

    The UK Infrastructure Bank (UKIB) has announced it is ploughing £60m worth of equity into Pragmatic Semiconductor.

  • Musk eyes $1bn for startup xAI as he seeks to expand tech empire

    December 6, 2023

    Musk is hoping to raise $1bn (£0.8bn) in equity for his artificial intelligence (AI) model xAI, according to the US securities regulator.

  • Open banking experts say current technology is just ‘tip of the iceberg’

    December 5, 2023

    Open banking is at a critical junction and the UK must capitalise on the head-start it already has, according to two industry experts.

  • Money Money Money: firm behind ABBA Voyage revenue soars thanks to new tech

    December 5, 2023

    Oxford Metrics, the firm and technology behind London's hit ABBA Voyage show, has posted record revenue for its full year,

  • Moonpig: video and audio cards drive more orders

    December 5, 2023

    Moonpig Group has said its technological innovations are driving more orders as customers now want audio and video cards.

  • Saudi-owned Champions League, obesity crisis and EU wealth tax: Danish bank’s ‘outrageous’ 2024 predictions

    December 5, 2023

    Saxo Bank has published the latest in an annual series of "outrageous predictions" for next year, including a global Champions League owned by Saudi Arabia, a health crisis triggered by obesity drugs and a two per cent EU wealth tax.

  • One of the UK’s fastest growing fintechs says it will outpace Starling soon

    December 4, 2023

    Some 10 months into the launch of digital bank Kroo, the founder reckons it will achieve profitability twice the speed of Starling Bank.

  • One third of tech giants under digital services tax faced investigations by HMRC

    December 4, 2023

    One third of tech giants that pay the UK’s new digital services tax have already been subjected to checks by HMRC, says national law firm Pinsent Masons. The digital services tax was introduced at the 2020 Budget in a move to ensure tech giants pay their fair share of tax, as they would be charged [...]

  • William Hill owner rejected £700m takeover bid from Playtech

    December 3, 2023

    The owner of betting giant William Hill reportedly rejected a £700m takeover offer from sports-betting software firm Playtech this summer.

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