Elon Musk settles lawsuit over Twitter takeover for $1.5m May 5, 2026 Tech tycoon Elon Musk has finally put one of his longest-running legal battles to rest after reaching a $1.5m (£1.2m) settlement with the US regulator. The US Securities and Exchange Commission (SEC) filed a civil lawsuit against the billionaire, alleging violations of securities laws in the run-up to his 2022 purchase of Twitter. Musk, who [...]
Palantir revenue rockets past forecasts May 5, 2026 Revenue at Palantir rocketed past analyst forecasts as the AI-powered firm ramped up commercial and government deals. The US tech firm posted revenue of $1.6bn (£1.2bn) in the first three months of the year, above investor expectations of $1.5bn and 85 per cent ahead of last year. The firm upped its revenue guidance to $7.6bn [...]
RWS to acquire UK AI platform in £40m deal May 4, 2026 Global AI solutions company RWS Holdings has reached an agreement to acquire UK based AI company Obviously in a bumper £40m deal as it looks to pivot to become a “technology-first business”. AIM-listed RWS agreed to buy the AI platform for an initial cash offer of £16.5m, with an earn-out consideration of up to £23.5m, [...]
UK carbon markets stand to get an AI boost May 4, 2026 The connection between AI growth and carbon market demand is one the UK is well positioned to act on, writes Chris Hayward.
Millennials are best placed to navigate the AI era May 1, 2026 As Lewis Liu turns 40, he reflects on how the generation that grew up before social media will navigate the ethical challenges of AI I’m writing this column on the steps of Widener Library at Harvard, exactly where I sat solving some physics problem set as a college kid two decades ago, currently en route [...]
Big Tech results: Alphabet soars as Meta meta sinks on spending plans April 30, 2026 The four largest AI players reported quarterly earnings simultaneously for the first time on Wednesday, delivering a broadly positive set of results that nonetheless triggered a sharp divergence in after-hours share price moves. Alphabet led the pack, with Google’s parent company posting revenue of $109.9bn (£81.6bn) a 22 per cent rise on the same period [...]
Exclusive: Lloyds in tie-up with Google to build AI agents April 30, 2026 Lloyds Banking Group has formed a tie-up with Google as the financial services giant sets its sight on building its own AI agents, Morning Wire can reveal. The blue-chip lender is leveraging Google Cloud – the tech giant’s suite of computing services – and the bank’s existing Large Language Model to create a new internal [...]
Three reasons AI will not replace the mortgage broker April 29, 2026 Mortgage advice has never been a simple numbers game, and it is becoming even less so. Technology is speeding up sourcing, suitability checks and paperwork. Clients are also more digitally confident than ever, and lenders are ever more competitive. But for anyone advising complex borrowers, especially in the high-net-worth space, the idea that AI will [...]
‘Slightly unnerving’: Greene King enlists AI to answer pub phones April 29, 2026 Greene King has turned to AI-generated assistants to staff its bars as hospitality firms battle to absorb rising costs, Morning Wire can reveal. The Chinese-owned pub chain, one of the UK’s largest, is using a “virtual assistant” named “Charlie” to answer the phone at a number of sites, including in London. The shift to digital [...]
UK firms unaware of how their AI data is used overseas April 28, 2026 Most large UK firms do not fully know what happens to their data once it is processed by AI systems abroad, raising compliance and security concerns as adoption continues to rise. According to a recent Harbr Data survey, 61 peer cent of senior tech and data leaders at companies worth £100m or more lack a [...]