‘There’s a real opportunity here’: Fintech chief Janine Hirt on why London remains the place to be April 13, 2023 The INnovate Finance boss speaks with Morning Wire on why the next chapter will be crucial for the UK's fintech sector
Spotify and Apple warned against letting AI access copyrighted songs April 12, 2023 Universal Music Group has warned streaming platforms to clamp down on artificial intelligence tools wielding copyrighted songs for training purposes. In a letter sent to streaming platforms such as Spotify and Apple, the music corporation expressed concern that AI tools would collect data from copyrighted songs available on the platform to train themselves to produce [...]
Five things we learned from Elon Musk’s interview with the BBC April 12, 2023 Elon Musk plans to revoke a disputed “government funded media” label Twitter attributed to the BBC, claims advertisers are returning to the platform and admitted that he sometimes sleeps in the office. The billionaire chief executive — who is also at the head of electric car maker, Tesla, and spacecraft manufacturer, SpaceX — made the [...]
Freight takes flight: £1.2m fund backs drones to connect isolated parts of the UK April 12, 2023 Drones will take to the sky in the Orkney Islands, as part of a £1.2m funding package to encourage more innovative and cleaner freight delivery solutions across the country. Skysports Deliveries – which provides infrastructure for the air mobility industry – won £150,000 and will use the drones to “improve island to island connectivity,” and [...]
Elon Musk drops DogeCoin logo, restores Twitter bird, plus the Blue Tick latest April 11, 2023 Twitter has restored its bird logo after Elon Musk, one of the world’s funniest richest men, had temporarily switched it for the meme dog best known as the logo of cryptocurrency DogeCoin. Internet sluths went into overdrive trying to work out the reason. Was it a hack? A disgruntled employee? No, it was of course [...]
UK standalone 5G rollout to be finished by 2030, ministers pledge April 11, 2023 Ministers are set to invest millions in boosting the UK’s connectivity via a nationwide rollout of 5G. All populated areas of the country will be covered by ‘standalone’ 5G – also called ‘5G-plus’, which is not reliant on existing 4G technology – by 2030, the government has pledged. Technology secretary Michelle Donelan today unveiled a [...]
Is a crypto bull market coming? Bitcoin roars past $30k as investors bet on end to rate hikes April 11, 2023 Bitcoin has roared past the $30,000 dollar mark for the first time since June last year as investors pour into crypto in a bet on the end of rising interest rates.
Apple and HP PC shipments tumble as pandemic-era boom begins to fade April 10, 2023 Global shipments of PCs have fallen in the first quarter of 2023 as a result of weak demand, high inventory and tough economic conditions, with Apple reporting the largest slump, according to the International Data Corporation (IDC). Shipments of Apple PCs fell by 40.5 per cent to 4.1 million units in the quarter compared to [...]
Google bans personal loan apps from accessing sensitive data April 6, 2023 Google is banning apps that provide personal loans from accessing sensitive user data in a bid to clamp down on predatory activity among some lenders. In a policy update late Wednesday, the company said that the apps available on Google Play were “prohibited” from accessing sensitive data, such as photos or contact books. The new [...]
Tech companies may try to dodge digital tax if OECD reforms are delayed, UK spending watchdog warns April 5, 2023 Tech firms may try to dodge a UK government tax levied on digital companies if international tax reforms on the sector are delayed, parliament’s spending watchdog warned. The public accounts committee said this week that it had raised £358m from the digital services tax in its first year, 30 per cent more than expected, but [...]