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Category: Technology

Technology from computer hardware, computer software, Saas, voip, cloud computing, smartphones to help small and medium sized businesses grow

In a significant policy shift, the UK government has cancelled £1.3 billion in funding earmarked for artificial intelligence (AI) and technology research and development, as part of broader efforts to stabilise the economy.

UK Government cancels £1.3 billion AI and tech funding amid economic tightening

11 August 2024 In Business, Technology Business Matters 0 Comments

The UK government has scrapped £1.3 billion in AI and technology funding, including projects for an exascale supercomputer and AI research, sparking concerns over the country’s tech ambitions.

NHS IT firm Advanced Computer Software Group faces a potential £6m fine after a 2022 ransomware attack compromised data of 82,946 individuals, highlighting significant information security failings.

NHS IT firm faces £6m fine over medical records hack

7 August 2024 In Business, Technology Business Matters 0 Comments

A software provider is facing a potential £6 million fine following a 2022 ransomware attack that disrupted NHS and social care services across England.

The UK government has unveiled a £32 million investment into artificial intelligence (AI) innovations designed to transform public services and enhance productivity. This initiative targets critical areas such as reducing train delays, accelerating NHS prescription deliveries, and providing training for construction workers.

Government injects £32M into AI innovations to enhance public services and boost productivity

7 August 2024 News, Technology Business Matters 0 Comments

The UK government has unveiled a £32 million investment into artificial intelligence (AI) innovations designed to transform public services and enhance productivity. This initiative targets critical areas such as reducing train delays, accelerating NHS prescription deliveries, and providing training for construction workers.

Morrisons is trialling an innovative approach to save energy and reduce costs by raising the temperature of its freezers by 3°C.

Morrisons tests raising freezer temperatures to cut energy costs and emissions

2 August 2024 News, Technology Jamie Young 0 Comments

Morrisons is trialling an innovative approach to save energy and reduce costs by raising the temperature of its freezers by 3°C.

Intel, the American semiconductor giant, is set to eliminate 15,000 jobs as part of an aggressive effort to revitalise its lagging manufacturing operations and catch up in the competitive artificial intelligence (AI) chip market.

Intel to cut 15,000 jobs in bid to catch up in AI chip race

2 August 2024 News, Technology Business Matters 0 Comments

Intel plans to cut 15,000 jobs to reduce costs and catch up in the AI chip race. The company’s shares dropped 20% after announcing lower-than-expected revenue and suspending its dividend.

The UK government’s ChipStart programme has enabled semiconductor start-ups to secure over £10 million in private investment and grants, with nearly £20 million in total commitments.

Government scheme boosts UK chip start-ups with £10 million funding injection

1 August 20241 August 2024 Get Funded, News, Technology Paul Jones 0 Comments

The UK government’s ChipStart programme has enabled semiconductor start-ups to raise over £10 million, supporting innovations in AI and healthcare technologies, and driving economic growth.

Microsoft-backed OpenAI has announced the launch of SearchGPT, an innovative AI-powered search engine poised to rival Google’s stronghold on the multibillion-dollar search market.

OpenAI challenges Google’s search engine dominance with launch of SearchGPT

26 July 2024 News, Technology Business Matters 0 Comments

OpenAI launches SearchGPT, a prototype AI-powered search engine, challenging Google’s dominance with real-time information and enhanced conversational capabilities.

Sam Altman is to return as chief executive of OpenAI days after being fired from the ChatGPT creator.

Microsoft and Apple abandon OpenAI board seats amid regulatory scrutiny

11 July 2024 News, Technology Business Matters 0 Comments

Microsoft and Apple have stepped down from their OpenAI board observer roles amid regulatory scrutiny over big tech’s influence on AI start-ups. This move aims to address competition concerns and maintain independence.

Dyson, the renowned technology company founded by Sir James Dyson, is set to cut nearly a third of its British workforce in response to intense market competition.

Dyson to cut nearly a third of its UK workforce

9 July 2024 News, Technology Business Matters 0 Comments

Dyson, the renowned technology company founded by Sir James Dyson, is set to cut nearly a third of its British workforce in response to intense market competition.

Startup Democratising Ownership of Profitable Main Street Businesses Takes Top Prize After Record 37 Pitches at UK Demo Day

Bizzed Wins BBT Award at Solana’s SuperTeam Competition

7 July 2024 Get Funded, Technology Business Matters 0 Comments

Startup Democratising Ownership of Profitable Main Street Businesses Takes Top Prize After Record 37 Pitches at UK Demo Day

The IMF warns of significant labour disruptions and widening inequality due to generative AI. Governments are urged to enhance economic protections and invest in reskilling programs to safeguard economies and support affected workers.

Labour’s Landmark Victory: A Blueprint for AI Regulation and Growth

5 July 2024 In Business, Technology Business Matters 0 Comments

Following a decisive victory in the general election, the Labour Party now commands a substantial majority, placing them in a powerful position to influence the UK’s economic and technological future.

Google’s greenhouse gas emissions have soared by 48 per cent over the past five years, largely driven by its artificial intelligence (AI) products which depend heavily on energy-intensive data centres.

Google’s emissions surge 48% in five years due to AI expansion

4 July 2024 News, Technology Business Matters 0 Comments

Google’s greenhouse gas emissions have surged 48% over five years, driven by energy-intensive AI data centres. As emissions reach 14.3 million metric tons, the tech giant faces scrutiny over sustainability.

Three mobile network operator risks missing rural coverage targets by July, as Vodafone and VMO2 aim to meet the 88% landmass coverage requirement under the UK’s £1bn Shared Rural Network project.

Three set to miss rural broadband deadline

29 June 2024 News, Technology Business Matters 0 Comments

Three mobile network operator risks missing rural coverage targets by July, as Vodafone and VMO2 aim to meet the 88% landmass coverage requirement under the UK’s £1bn Shared Rural Network project.

Innovation and regulation must work together to foster trust in new technologies. Innovation pushes the boundaries of what can be achieved, keeping the industry continuously moving forward.

Balancing innovation and regulatory compliance for online child safety 

27 June 2024 Columns, Opinion, Technology Lina Ghazal 0 Comments

Innovation and regulation must work together to foster trust in new technologies. Innovation pushes the boundaries of what can be achieved, keeping the industry continuously moving forward.

Thousands of Microsoft employees across the United States will be given unlimited days off in an overhaul of its holiday policy.

Microsoft Faces Major Antitrust Fine Over Teams Integration with Office 365

26 June 2024 News, Technology Business Matters 0 Comments

Microsoft is facing significant antitrust fines from the European Commission for allegedly bundling its Teams app with Office 365, disadvantaging competitors like Slack and Alfaview.

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Gambling Commission costs double to £28.8m amid Richard Desmond’s £1.3bn Lottery lawsuit

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