Elton John slams government as ‘losers’ over AI copyright row Tech Sir Elton John described the Government as “absolute losers” and said he felt “incredibly betrayed” after calls by peers to amend the Data (Use and Access) Bill to include greater copyright protections against artificial intelligence (AI) were resisted. Earlier this week, the House of Lords supported an amendment designed to ensure copyright holders would have [...]
M&S: FTSE 100 shares rise after major cyber attack update Retail Marks and Spencer’s (M&S) share price has risen as investors breathed a sigh of relief that hackers haven’t accessed ring-fenced bank details, although the cyber attack remains ongoing. The FTSE 100 retail giant told markets this morning that some customer data was stolen during the attack, but that the data does not include useable payment [...]
Exclusive: UK urged to set up National Anti-Fraud Centre to halve crime rate Fintech The UK government is being urged to set up a National Anti-Fraud Centre to halve the rate of the crime by 2028. Industry body Innovate Finance has launched a blueprint to make the UK the world leader in tackling fraud, and is urging ministers to prioritise cross-sector data sharing and shared liability in a bid [...]
British investor eyes 23andMe rescue as it files for bankrupcy March 28, 2025 A major British investor is exploring a potential rescue plan for 23andMe, after the consumer genetics company filed for bankruptcy protection in the US. Richard Magides, director of Singapore-based Zentree Investments, and one of the firm’s largest shareholders, had been reportedly increasing his take in the firm in the lead up to its Chapter 11 [...]
How Virgin Media 02 keeps your data running 24/7 February 20, 2025 City AM was invited inside one of Virgin Media 02 (VM02)'s largest data centres in the UK, located in Slough.
UK train ticket reform is long overdue, but we need smart data to power it January 24, 2025 Buying a train tickets shouldn't feel like getting out of a labyrinth. Utilising data in transport, like Manchester, could revolutionise our railways, writes Nigel Shadbolt.
Experian: Global data and tech operations drive growth January 15, 2025 Experian reported an eight per cent increase in total revenue for the third quarter of fiscal year 2025, as the firm stressed the strength of its global data and technology arms. According to a trading update published this morning, the consumer and analytics firm maintained outlook, as its organic revenue rose by six per cent, [...]
The world’s first AI university January 1, 2025 Over the past year, AI has taken the world by storm. It is no surprise that there is the world’s first University focused exclusively on AI
Court rejects appeal in data privacy class action against Google December 12, 2024 A court has rejected an appeal against a decision to throw out a data privacy class action against Google and its AI subsidiary, DeepMind
Experian lifts margin outlook as revenue rises November 13, 2024 Revenue was up six per cent in the six months to September, rising to $3.6bn from $3.4bn in the same period last year.