A wave of IT failures struck major UK banks on Friday, leaving thousands of customers unable to access their accounts on payday. The disruption affected customers of TSB, Nationwide, First
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European heat pump sales experienced a dramatic 23% decline in 2024, returning to pre-Ukraine conflict levels in a significant setback for the continent’s green heating transition. Industry data reveals particularly
In a significant move that has stirred the artificial intelligence sector, Elon Musk’s xAI has unveiled Grok-3, representing a bold strategic advancement in the increasingly competitive AI marketplace. The latest
One of the world’s leading computer manufacturers has announced a significant price increase directly attributed to Donald Trump’s latest trade policies. Acer’s chief executive and chairman, Jason Chen, has confirmed
In a landmark announcement, Meta has unveiled ambitious plans to construct the world’s longest undersea cable system, demonstrating the tech giant’s commitment to expanding global digital infrastructure. The project, dubbed
Japanese technology giant SoftBank has posted a surprising quarterly loss of ¥369.2 billion ($2.4 billion) for the period ending December, marking a significant downturn from its ¥950 billion profit in
The UK government’s consultation on copyright law modifications has come under severe criticism from prominent industry figures, with accusations of being prejudiced towards AI companies at the expense of the
The transatlantic alliance demonstrated its unified stance on artificial intelligence (AI) regulation as both the US and UK declined to endorse a significant declaration at the Paris AI summit, highlighting
In a landmark speech at the AI Action Summit in Paris, Alphabet’s chief executive Sundar Pichai emphasised artificial intelligence as the most significant technological transformation of our era, positioning it
The world’s wealthiest individual, Elon Musk, has firmly rejected speculation regarding a potential TikTok acquisition amidst growing uncertainty over the platform’s future in the United States. The rumours had suggested
British chip design powerhouse Arm Holdings has exceeded market expectations, posting impressive financial results amid heightened global competition in artificial intelligence technologies. The Cambridge-based firm reported a robust 19 per
The parent company of Google, Alphabet, has abandoned its previous commitment to avoid using artificial intelligence for weapons development and surveillance applications. This significant policy shift was announced on Tuesday,
The recent collapse of Stenn, a once-promising fintech venture valued at nearly $1 billion, bears stark similarities to the infamous Greensill scandal, raising serious concerns about the trade finance sector’s
Alphabet, the parent company of Google, witnessed a significant drop in its share price following disappointing sales figures from its cloud computing division, raising concerns about the company’s substantial investments
Global financial markets are closely monitoring developments from China following significant advancements in nuclear fusion technology. The breakthrough has triggered widespread concern amongst Western governments and institutional investors, highlighting growing
The technological landscape experienced a seismic shift as DeepSeek’s groundbreaking artificial intelligence model demonstrated capabilities matching OpenAI’s o1 at a significantly reduced cost. This development sent shockwaves through global markets,
