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South Korea considers joining alliance for sharing military technology

South Korea considers joining alliance for sharing military technology

MELBOURNE, Australia — South Korea is considering sharing advanced military technology with the United States, the United Kingdom and Australia through the so-called AUKUS partnership, South Korean Defense Minister Shin Won-sik said. Shin said the possibility was discussed during two days of meetings between South Korea and Australia’s defense and foreign ministers that ended in...

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Taiwanese Chip Giant Exits China Mainland | Silicon UK Tech News

Taiwanese Chip Giant Exits China Mainland | Silicon UK Tech News

Major Taiwan chip assembly and test firm KYEC to sell Jiangsu subsidiary, exit mainland China manufacturing amidst political tensions One of the world’s 10 biggest outsourced semiconductor assembly and test (OSAT) contractors, King Yuan Electronics Co. (KYEC), is to divest its operations in mainland China, including its holdings in a subsidiary in the manufacturing hub...

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Deepfakes: More Than Skin Deep Security | Silicon UK Tech News

Deepfakes: More Than Skin Deep Security | Silicon UK Tech News

   According to the latest report from iProov, the rapid advancement and availability of generative AI tools to bad actors—namely deepfakes—have created an urgent, rising threat to governments and security-conscious organisations worldwide. Their statistics are stark and act as a wake-up call for all businesses: There was a 704% increase in deepfake face swap attacks...

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India takes top rank in world artificial intelligence race, shows data

India takes top rank in world artificial intelligence race, shows data

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....

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U.K. law enforcement gets news powers to seize crypto

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

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 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

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

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 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 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

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....