UK government drops exit tax as Reeves reworks budget strategy
The UK government has formally abandoned plans for a controversial “exit tax” and has pulled back from a rise in income tax, marking two major reversals less than…
Explore the latest in UK tech sector and beyond
The UK government has formally abandoned plans for a controversial “exit tax” and has pulled back from a rise in income tax, marking two major reversals less than…
Apple has been denied permission to appeal a major UK ruling that found it abused its dominant position by charging app developers excessive commissions through its App Store,…
Meta’s chief AI scientist and one of the field’s most influential pioneers, Yann LeCun, is reportedly preparing to leave the company to start his own venture. According to…
Three years after generative AI exploded onto the global stage, artificial intelligence has become a fixture in nearly every corner of the corporate world, but don’t mistake ubiquity…
The UK’s world-class science and technology sector is in deep trouble. Despite producing Nobel laureates, breakthrough research, and promising startups, Britain is failing spectacularly at turning its innovations…
The UK government has announced a fresh £14 million wave of investment to help turn quantum science from lab theory into real-world solutions, with projects ranging from portable…
The UK government has taken a decisive step to future-proof the nation’s financial sector, commissioning the Financial Services Skills Commission (FSSC) to produce a landmark report on the…
A new private equity firm, Aspirity Partners, has closed its first fund at just over €875 million, marking a significant moment for Europe’s financial and enterprise technology sectors.…
Getty Images has largely lost its legal battle against Stability AI, the company behind the popular image generator Stable Diffusion. While Getty scored a narrow win on trademark…
The UK government has announced a £10 million funding pot to support cutting-edge technology designed to futureproof England’s electric vehicle (EV) charging network. Officials say will this help…
In a lively exchange that felt part financial defense and part tech optimism, OpenAI CEO Sam Altman revealed that the company is generating “well more” than $13 billion…
At this year’s Asia-Pacific Economic Cooperation (APEC) summit, Chinese President Xi Jinping made headlines by calling for the creation of a “World Artificial Intelligence Cooperation Organization”, a global…
AI video startup Synthesia has raised $200 million in new funding led by Alphabet’s venture arm GV, boosting its valuation to $4 billion, nearly double what it was…