Government Shelves £1.3 Billion UK Tech, AI Plan

Labour government shelves £1.3bn of funding promised by the Conservatives for tech and artificial intelligence projects

3 months ago

Intel To Cut 15 Percent Of Workforce, Suspends Dividend

Shares in Intel plummet over 20 percent after chip giant confirms thousands of job losses and suspends dividend payments

3 months ago

EU Approves Hewlett Packard Enterprise’s $14bn Juniper Acquisition

European Commission approves HPE's $14 billion acquisition of Juniper Networks, leaving the UK the last remaining obstacle

3 months ago

Elon Musk Sued By Former CNN Anchor Over Cancelled X Deal

Lawsuit time. Musk had cancelled contract with Don Lemon for talk show on X, after questioning over platform's content moderation…

3 months ago

Synchron Embeds Apple Vision Pro With Brain Interface

Patient implanted with Synchron computer brain interface becomes first person in the world to use Apple Vision Pro headset

3 months ago

Meta Posts Strong Q2 Amid Heavy AI Spending

Facebook parent Meta Platforms delivers strong Q2 financials which beats Wall Street expectations, raising its share price

3 months ago

CrowdStrike Sued By Shareholders After Huge IT Outage

IT outage fallout. CrowdStrike sued by shareholders who allege firm defrauded them by concealing inadequate software testing

3 months ago

AI Plans Hampered By Lack Of Skills, Governance Challenges

AI aspirations for over a third of global CIOs are threatened by a lack of skills and expertise, Expereo's IDC…

3 months ago

US To Exempt Allies From Expanded China Chip Equipment Export Rules

Biden administration reportedly will exempt certain allied countries from tougher chip equipment export rules to China

3 months ago

UK Investigates Alphabet Partnership With AI Firm Anthropic

British competition regulator, the CMA, to investigate Google parent Alphabet’s partnership with AI startup Anthropic

3 months ago

CrowdStrike Shares Plunge Amid Delta Compensation Report

Shares in CrowdStrike take another hit after report suggests Delta Air Lines will seek compensation for recent global IT outage

3 months ago

Tesla Using Full Self Driving In Crash Kills Biker, Amid Another Recall

Police confirm Tesla EV was using the “Full Self Driving” system when it hit and killed a motorcyclist near Seattle

3 months ago

Intel To Cut Thousands Of Jobs – Report

Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump

3 months ago

China Sees Slowdown In Foreign-Branded Smartphone Growth

Mainland China sees slower growth in foreign-branded smartphones, after strong competition sees Apple fall out of top 5 vendors

3 months ago

South Korea To Support Businesses Amidst E-Commerce Crisis

South Korean government to support small-business vendors on Qoo10-owned e-commerce platforms amidst payment chaos

3 months ago

Microsoft Expected To Report 31 Percent Azure Growth Amidst AI Pressure

Microsoft expected to report 31 percent growth in Azure cloud unit as it faces pressure from investors to justify billions…

3 months ago

Silicon UK In Focus Podcast: Connecting the Machines

Join the Silicon UK In Focus Podcast: Connecting the Machines with guest Kim Custeau, EVP, Portfolio at AVEVA, as we…

3 months ago

SpaceX ‘In Talks’ To Recover Starship Rocket In Australia

SpaceX reportedly in talks with US, Australian officials to land Starship rocket off Australian coast and recover it in Australian…

3 months ago

HPE $14bn Juniper Acquisition Set For ‘Unconditional’ EU Approval

HPE's $14bn acquisition of networking company Juniper reportedly set for unconditional EU approval amidst AI infrastructure boom

3 months ago

Xiaomi Buys $116m Plot To Expand Bejing EV Factory

Smartphone maker Xiaomi buys 131-acre plot of land in Beijing to expand initial EV plant following rapid sales of SU7…

3 months ago

Hacked Blood Testing Provider Expects Autumn Recovery Date

Hacked blood testing provider Synnovis says more services are back online but full restoration not expected until early autumn

3 months ago

Amazon Faces Double Tax Fraud Probes In Italy

Italian authorities investigate Amazon in second tax-evasion case after seizing 121m euros from Milan unit last week

3 months ago

JPMorgan Rolls Out AI Chatbot To Staff

US bank JPMorgan Chase reportedly gives asset managers access to internal AI chatbot, compares it to working with human research…

3 months ago

SK Hynix To Invest $6.8bn In Yongin Memory Chip Plant

SK Hynix to invest $6.8bn in first plant in emerging chip hub of Yongin amidst soaring demand for memory used…

3 months ago

Russia Throttles YouTube Over ‘Anti-Russian Policy’

Russia reduces speed of YouTube by 70 percent this week following multiple fines over failure to remove banned content

3 months ago

LinkedIn To Pay $6.625m In Ad Lawsuit Settlement

Microsoft's LinkedIn agrees to $6.625m settlement with advertisers over alleged overcharging based on inflated ad metrics

3 months ago

Apple Signs White House AI Safeguards

Apple joins White House Voluntary AI Safeguards programme, joining 15 other major companies in agreeing to safety and transparency measures

3 months ago

Hollywood Video Game Performers Strike Over AI Fears

Performers for major game producers including Activision and EA go on strike after 18 months of negotiations over generative AI…

3 months ago

OpenAI Tests Search Engine Prototype Called ‘SearchGPT’

Google's dominance of online search is being challenged, after OpenAI unveiled a search prototype tool called SearchGPT

3 months ago