Morgan Stanley: UK companies reported that AI led to 8% net job losses over the past year, above Japan's 7% and Germany's 4%; AI led to a 2% US net job gain
The UK is losing more jobs than it's creating because of artificial intelligence — and at a faster rate than its international peers.
Domain Name Stat: the number of .ai domains passes 1M; data suggests Anguilla, the UK territory managing the domain, made ~$70M in fees in the past year
Data from Domain Name Stat reveals that the top-level domain originally assigned to the British Overseas Territory of Anguilla passed the milestone in early January.
Domain Name Stat: the number of .ai domains has surpassed 1M; data suggests Anguilla, the UK territory managing the domain, made ~$70M in fees in the past year
Data from Domain Name Stat reveals that the top-level domain originally assigned to the British Overseas Territory of Anguilla passed the milestone in early January.
Sources: Revolut scrapped plans to buy a US lender and will instead apply for a US banking license, betting Trump's lighter touch on approvals will be faster
UK-headquartered fintech had hoped to secure a banking charter through buying an American lender — Stephen Morris in Davos and Laith Al-Khalaf in London
The BBC confirms a “strategic partnership” with YouTube to produce exclusive content, including news and YouTube channels aimed at children and young adults
The BBC has confirmed what it is billing as a “strategic partnership” with YouTube that will see the British broadcaster …
Sources: UK and Chinese security officials set up a forum to discuss cyberattacks after hacking accusations, the first of its kind, to help prevent escalation
British and Chinese security officials established a forum to discuss cyberattacks following a spate of hacking accusations that soured relations between the two countries.
The UK government plans to take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London
The UK Gambling Commission says Meta is letting illegal gambling sites advertise on Facebook and Instagram, calling its ad library a “window into criminality”
Meta Platforms Inc. is turning a blind eye to illegal gambling sites that advertise on Facebook and Instagram, according to the UK's Gambling Commission.
UK ministers launch a consultation on whether to ban under-16s from using social media, alongside restrictions on addictive app features like infinite scrolling
Move comes as peers prepare to vote on an amendment to a bill that would enact a ban within a year of the bill passing
The UK launches a consultation on whether to ban under-16s from using social media, alongside restrictions on addictive app features like infinite scrolling
Move comes as peers prepare to vote on an amendment to a bill that would enact a ban within a year of the bill passing