UK-based chip designer ARM reportedly saw 1 percent annual revenue decline due to smartphone slump as it prepares bellwether IPO
TECHNOLOGY POWERING BUSINESS
2023
SoftBank Acquires Vision Fund ARM Stake At $64bn Valuation
Japan's SoftBank acquires 25 percent ARM stake from its Vision Fund unit in deal that values UK chip designer at $64bn, ahead of planned IPO
A Haptic Future: Sensing the Virtual
The Metaverse, VR and AR offer visual immersion into virtual spaces. How can other senses be recreated in the virtual environments business are building?
Bitcoin Slumps On Elon Musk Sale, China Concerns
Sharp drop in Bitcoin was kicked off by report that Musk's SpaceX sold crypto holdings, but sustained by wider factors, analysts say
German Government Warns Telcos Over China Risk
Networking parts from China may face ban if 'serious security risk' found, regardless of potential cost, German interior minister warns
Russia’s First Moon Mission In Decades Ends In Failure
Russia's first Moon mission since 1976 ends in failure as spacecraft spins out of control and crashes into lunar surface
Tesla Faces Engineer Claims In Autopilot Fatal Crash Case
Tesla faces claims by multiple company engineers as 2019 Autopilot-linked fatal crash in Florida heads toward trial
X Backtracks After Auschwitz Complaint About Anti-Semetic Account
Auschwitz Memorial criticises Elon Musk's Twitter/X for ruling antisemitic content did not violate rules. Offending account later suspended
Silicon UK Pulse: Your Tech News Update: Episode 14
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 18/08/2023.
AI Growth Prompts Job Takeover Fears, Corndel Finds
Younger employees in particular fear their jobs are at risk due to the rise of artificial intelligence (AI), Corndel finds
WhatsApp Adds Support For HD Photos
Upgrade to messaging giant WhatsApp will allow users to send high definition (HD) photos, and soon even HD videos
Quarter Of IT Professionals Consider Quitting, Ivanti Finds
New research by Ivanti paints bleak picture, with a quarter of IT professionals considering quitting their job within six months
New York City Bans TikTok On Government Devices
Another US location bans TikTok on government devices over security concerns, as nearly half of Americans in favour support nationwide ban
Two Brands Suspend Twitter/X Advertising After Pro-Nazi Ad Placement
One week after X CEO Linda Yaccarino talked up brand safety for advertisers, ads for major brands allegedly appear alongside pro Nazi content
PayPal To Pause UK Crypto Sales Until 2024
As UK regulator readies crypto advertising rules, PayPal says it will “temporarily pause” British users from buying cryptocurrencies
Foxconn Begins iPhone 15 Production In India
Production of Apple iPhone 15 in India is beginning, as Foxconn continues to diversify its supply chain from China
UK Launches £1 Billion FinTech Fund
FinTech Growth Fund, backed by Mastercard, Barclays and the London Stock Exchange, aims to fund financial technology companies before listing
UK Watchdogs Target Cookie Pop-ups, Amid Website Design Clampdown
Sick of cookie pop-ups? UK watchdogs warns firms to avoid harmful website design practices and singles out cookie consent pop-ups
Vietnam’s VinFast Car Maker Overtakes GM, Ford After IPO
Shares in VinFast surge 270 percent after IPO, valuing Vietnam’s car manufacturer ahead of Ford and General Motors
Elon Musk’s X (Twitter) Delays Content Links To Rivals, Critics
Elon Musk's Twitter/X is reportedly throttling web links to critical news outlets as well as competitor apps
Intel Purchase Of Tower Semiconductor Terminated, China Blamed
Intel's proposed acquisition of Tower Semiconductor for $5.4bn terminated after China failed to approve the deal
YouTube To Remove False Cancer Treatment Claims
Doesn't already do this? YouTube updates its medical misinformation policy and starts removing false claims about cancer treatment
Tesla Launches Cheaper Model X, Model S EVs
Cost of living spec? Electric car giant Tesla launches new versions of existing models, but just that little bit cheaper
Norfolk, Suffolk Police Confirm Data Breach
Another data breach for a UK police force, after Norfolk and Suffolk police admit victim data has been accessed
Foxconn Touts ‘Billions’ Of Dollars Investment In India
Apple iPhone maker Foxconn suggests it may invest billions of dollars in India, a month after withdrawing from planned chip fab
Binance Seeks Protection From US Financial Regulator
Crypto exchange Binance files for court protective order against US SEC, alleging regulator requests were “unduly burdensome”
Amazon Hardware Boss To Step Down
Head of Amazon's hardware devices, David Limp, is to leave this year - months after assuring Amazon's commitment to Alexa
Silicon UK In Focus Podcast: AI and MedTech
What are the key advantages or benefits that AI brings to MedTech, and how does it enhance patient care and outcomes? And what are the challenges or limitations associated with implementing AI in MedTech, and how can they be overcome?
Silicon UK In Focus Podcast: Securing the Virtual
What are the main security risks and vulnerabilities associated with the Metaverse, AR, and VR technologies?
PayPal Names New CEO Amid Crypto Push
Intuit’s Alex Chriss will take over as PayPal CEO, when long serving CEO Dan Schulman steps down in late September