1 min read Last Updated : Apr 28 2024 | 9:53 PM IST The rise of artificial intelligence (AI) has split the world into leaders and laggards. India, Singapore, the United Kingdom and the United States (US) are leaders, says a report by NetApp, a data infrastructure company. Spain, Australia and Germany are among laggards....
Category: Tech
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U.K. law enforcement gets news powers to seize crypto
The United Kingdom has introduced new measures to bolster law enforcement agencies’ powers in seizing cryptocurrencies associated with criminal activities. The U.K. Home Office announced on Friday (Apr 26) that these new rules, which stem from a crime bill passed by Parliament last year, have come into effect. Under the new regulations, police officers in...
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UK regulator looks into Microsoft and Amazon’s AI partnerships
The UK competition regulator identified an “interconnected web” of over 90 partnerships and “strategic investments” involving AI companies. ADVERTISEMENT The United Kingdom’s competition body is launching preliminary inquiries into whether Microsoft and Amazon’s partnerships with artificial intelligence (AI) start-ups comply with its merger rules and if these investments could impact competition. Wednesday’s announcement by the...
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Enphase Energy Partners with Octopus Energy Group in the United Kingdom
Enphase Energy, Inc., a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced a new strategic relationship with global energy and tech company, Octopus Energy Group. The parties will focus on deploying Enphase IQ8™ Microinverters and IQ™ Battery 5P™ in the United Kingdom. Octopus Energy’s retail customers in...
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UK mulls fresh controls on ‘sensitive tech’ after China cyber claim
Britain is exploring new curbs on China’s access to “sensitive technologies” following allegations of cyber espionage. Oliver Dowden, the UK’s deputy prime minister, launched a review of the restrictions on Thursday. He warned that “hostile states” could use British funds and tech for “military and intelligence” projects that threaten national security. “Our open economy is...
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UK is aiming to regulate cryptocurrencies by July 2024
The United Kingdom Treasury plans to introduce a regulatory framework for cryptocurrencies and stablecoins by July 2024. The goal is to foster local innovation in digital assets and blockchain technology while ensuring consumer protection and maintaining the U.K.’s position as a global leader in fintech. Bim Afolami, the U.K.’s economic secretary to the Treasury, emphasized...
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Health Tech Solutions Group announces official UK launch
Health Tech Solutions Group (HTS Group), a healthcare provider, has announced its official UK launch. The company offers healthcare solutions, including mobile health services, telemedicine, and personalised patient care outside traditional hospital settings. With three existing locations in Essex, Lancashire, and London, HTS Group are raising 3 million GBP of investment to activate a further...
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Apple loses bid to throw out UK lawsuit over app store fees
Apple on Friday lost a bid to throw out a mass lawsuit valued at just under $1 billion, brought in London on behalf of more than 1,500 app developers. | Photo Credit: Reuters Apple on Friday lost a bid to throw out a mass lawsuit valued at just under $1 billion, brought in London on...
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AI Big Tech Investments Spark UK Antitrust Concerns
The United Kingdom’s Competition and Markets Authority (CMA) has raised concerns over the investments in artificial intelligence (AI) by leading technology firms, including Alphabet’s Google, Apple, and Microsoft. According to a report by Bloomberg, the antitrust watchdog is calling for deeper scrutiny into these investments over fears they could be used to further consolidate their market power....
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The Audacious Kingdom opens its doors to tech and innovation
With the first days of spring upon us, the sunny weather at the British Embassy in France was ideal for an event devoted to tech and innovation, organised in partnership with Maddyness and London & Partners. A whole host of players from both sides of the Channel accepted the invitation, including Eric Feunteun, COO of...
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Top UK Tech Stocks of 2024
Tech stocks are often the first destination for growth investors. Today the entire world is driven by technology, from handheld devices to critical software. And with demand skyrocketing for solutions in areas like automation, cybersecurity and fintech, there are plenty of emerging opportunities for investors. With that in mind, let’s dive into the realm of...
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3 UK Cyber Security Trends to Watch in 2024
Staying up to date with the latest in cyber security has arguably never been more paramount than in 2024. Financial services provider Allianz named cyber attacks this year’s biggest risk for business in the U.K. and a top concern for businesses of all sizes for the first time. However, many professionals are still in the...