Financial regulators in the United Kingdom issued long-expected rules governing “critical third parties.” The new regulations, expected to go into effect Jan. 1, will govern major tech companies that work with financial firms in the U.K., according to a Tuesday (Nov. 12) press release. “Financial firms and financial market infrastructures (FMIs), such as payment systems,...
Category: Tech
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The United Kingdom wants to use genomic surveillance to prevent future pandemics
Forward-looking: The UK’s National Health Service was hit particularly hard during the COVID pandemic, so authorities are now trying to batten the hatches. A new plan is in motion to detect and discover the next pandemic agent before it can spread and shut the country down again. The UK Government recently announced a new public-private...
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Asian Tech Roundup: Australia plans social media ban for under-16s
Plus: Taiwan investigating Musk’s alleged advice for manufacturers to move to other countries Image: Asian Tech Roundup: Australia plans social media ban for under-16s Welcome to Computing’s weekly roundup of tech news in Asia. This time we look at how Australia is planning to ban children from using social media; reports that Elon Musk is...
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CloudGuard secures Investment fromNPIF II – Praetura Equity Finance
NPIF II backs advanced cybersecurity specialist to boost regional expansion and talent development A Manchester-based cybersecurity start-up has become the latest North West business to raise Northern Powerhouse Investment Fund II (NPIF II) funding, as it sets out to create up to 20 new cybersecurity jobs over the next 12 months. Founded in Manchester...
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UK E-Commerce Parcel Delivery Market, 2024-2032 – Amazon, Royal Mail, and DHL Lead United Kingdom Parcel Delivery Market Amid E-Commerce Surge and Tech Advancements
Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) — The “United Kingdom E-Commerce Parcel Delivery Market Report and Forecast 2024-2032” report has been added to ResearchAndMarkets.com’s offering. According to this report, the United Kingdom e-commerce parcel delivery market size reached a value of USD 4.91 billion in 2023. Aided by the rapid development of the e-commerce sector...
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OpenAI Adds ChatGPT Search Features | Silicon UK Tech News
OpenAI’s ChatGPT gets search features, putting it in direct competition with Microsoft and Google, amidst questions over accuracy OpenAI has begun broadly rolling out search engine features that it began testing in July, putting the heavily backed start-up in more direct competition with Google and major stakeholder Microsoft. The feature also brings ChatGPT into competition...
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Diffblue secures £4.9 million Investment from investors including Citi
Diffblue Secures $6.3 Million in New Funding Amidst 3x Growth Period New capital, customers and CEO to fuel explosive momentum for generative AI-for-code market innovator OXFORD, United Kingdom, October 30, 2024 – Diffblue, creators of the world’s first fully autonomous generative AI-for-code software, today announced it has secured $6.3 million in new capital as...
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Promotion Rules For Cryptoasset Firms: Key Insights From The UK’s Financial Promotion Regime
Cryptoassets are often in the news and have come under greater regulatory scrutiny in recent years. Incidents such as the collapse of FTX, along with deficiencies in governance, risk management, and operational resilience, as well as price volatility, have raised public concerns and attention. Currently, cryptoassets remain largely unregulated in the UK. However, in an...
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UK seeks tech partner for border crossing systems
The UK’s Home Office has launched a procurement for tech support and services to oversee border control and immigration via a contract estimated to be worth up to £195 million ($253 million). A competition notice confirms the Home Office is looking for system management and development support partners for its Border Crossing system; its Borders...
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UK-India driving tech for global good
India is globally recognised as a technology superpower. Its reputation for technology excellence is firmly established and celebrated across the globe. There is no sphere in which India is not making its mark. Partnership(Getty Images/iStockphoto) Like India, the United Kingdom is a research and innovation powerhouse. The UK has won more Nobel prizes for science...
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CMA Investigates Alphabet-Anthropic Deal Over Competition Risks
The U.K.’s Competition and Markets Authority has launched an investigation into the partnership between Google’s parent company Alphabet and artificial intelligence firm Anthropic. Google agreed to invest up to $2 billion in Anthropic last year and also received a 10% stake in return for a $300 million injection from late 2022. The AI safety and...
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Prof. Howard Wilson to lead science and technology for STEP
UK Industrial Fusion Solutions Ltd (UKIFS) is delighted to announce the appointment of Professor Howard Wilson as Director of Science and Technology, helping to lead STEP (Spherical Tokamak for Energy Production), a pioneering programme to deliver the UK’s first prototype fusion energy plant. An internationally renowned expert in fusion science, Howard brings extensive experience and...