The US House of Representatives overwhelmingly approved a bill on Wednesday that compels ByteDance, the owner of TikTok, to sell the popular social media platform or face a complete ban in the United States.
Category: Technology
Technology from computer hardware, computer software, Saas, voip, cloud computing, smartphones to help small and medium sized businesses grow
UK government to spend £1.5m on marketing a science and tech investment drive
The UK government is committing £1.5m on a marketing campaign to turbocharge the nation’s science and technology sector, aiming to spark a surge in investment in UK-based tech ventures.
Business Best Practice: Preparing for AI Regulation
The proliferation of artificial intelligence (AI) has been rapid, with 9 in 10 leading businesses (across 112 countries) leveraging some form of the technology within their operations.
Siemens to invest £100m in Chippenham rail factory site in Wiltshire
Siemens, the German technology giant, has unveiled plans to invest £100 million in a new manufacturing centre at its Chippenham rail signaling factory site in Wiltshire, England.
Britain’s AI sector set to get £100m extra funding in budget
In a move to bolster Britain’s burgeoning artificial intelligence (AI) sector, Chancellor Jeremy Hunt is set to announce a significant increase in funding for the Alan Turing Institute, the national institute for data science and AI. The funding is expected to double, amounting to £100 million over a five-year period.
Apple Hit with €1.8bn Fine for Violating Music Streaming Regulations
European regulators have imposed a fine of €1.8 billion (£1.54 billion) on Apple for anti-competitive practices that hindered competition in the music streaming market.
Elon Musk sues ChatGPT-maker OpenAI over Microsoft links given Non-Profit Mission
Elon Musk has launched legal action against OpenAI, the developers of ChatGPT, asserting that the company has veered away from the principles agreed upon when he co-founded it in 2015.
Klarna’s AI chatbot does work of 700 full-time staff having 2.3 million conversations in first month
Klarna, the buy now, pay later fintech company, has implemented an AI-powered chatbot to manage two-thirds of its customer service inquiries, effectively performing the equivalent work of 700 full-time customer service agents.
AI to Design Drugs in the Near Future, Says Google DeepMind CEO
Demis Hassabis, CEO of Google DeepMind, predicts that artificial intelligence (AI) could revolutionise drug discovery by designing drugs directly in clinics within the next few years.
Tech leaders debate AI skills shortage in Parliament
Leaders from the technology industry have issued a call to action for the government to invest heavily in equipping the next generation with digital AI skills.
EU policymakers agree deal on ‘AI Act’ to regulate industry
Two key groups of lawmakers at the European Parliament on Tuesday ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for the world’s first legislation on the technology.
Piers Morgan Shifts Focus to YouTube for Uncensored Show, Departing TalkTV
Piers Morgan has announced plans to transition his daily Uncensored show away from TalkTV, redirecting his efforts towards its YouTube channel.
ICO urges all app developers to prioritise privacy
The Information Commissioner’s Office (ICO) is issuing a reminder to all app developers regarding the paramount importance of safeguarding users’ privacy, following its examination of period and fertility apps.
UK government announces £100m to support AI regulation
The UK government has announced £100m to support ‘more agile’ AI regulation.
Fintech leaders call for stricter AI regulation at Parliamentary summit
Leaders from the financial services industry have called on the government and regulators to introduce robust legislation to boost market confidence in the use of artificial intelligence (AI).
