Although HSBC stepped in to rescue the UK branch, the fallout from the Silicon Valley Bank collapse will likely ripple on. In an open letter to banking regulators and Rishi Sunak, technology founders and investors with a combined capital of more than £560bn expressed gratitude and relief. Nearly 900 tech industry representatives signed the letter […]
Continue Reading
MPs have been told to spend money on hospitals instead of launching satellites following the “absolute disaster” of Virgin Orbit’s mission from Cornwall. Britain is seen as “toxic” after that failure and only a “seismic shift” to its regulatory procedure – overseen by the Civil Aviation Authority (CAA) – will make it attractive for future […]
Continue Reading
Rishi Sunak is facing his first defeat in the House of Commons over the online safety bill and plans to fine social media bosses rather than jailing them for failing to protect children from harmful content. Labour has vowed to back an amendment already supported by nearly 50 Conservative MPs that would see social media […]
Continue Reading
On 5 December, scientists in the US successfully completed a nuclear fusion experiment with a net energy gain. Experts believe that this clean energy breakthrough could deliver a “clean energy source that could revolutionise the world”. Researchers revealed at a Lawrence Livermore National Laboratory in California press briefing that the “amazing” achievement culminated from “60 […]
Continue Reading
Having spent billions on research and development in the process of the creation of the metaverse, Mark Zuckerberg announced yesterday that the company intends to lay off more than 10,000 employees. Big tech job cuts have featured across many well-known firms, including Twitter, Microsoft, and Netflix, to name but a few. Analysts attribute the need […]
Continue Reading
“Extremely serious” and “concerning” reports that Liz Truss’s phone was hacked by Russia must be investigated say Labour and the Liberal Democrats. Truss’s personal phone was allegedly hacked by Russian agents during the summer Tory leadership campaign. They accessed details of the then foreign secretary’s communications with cabinet colleagues, international allies and highly sensitive information. […]
Continue Reading
UK Parliament has ditched its TikTok account and deleted all content just a week after it launched, following China’s decision to sanction some MPs and peers. Downing Street and all UK politicians have been urged to do the same because of concerns over the app’s links to China. The @ukparliament account on TikTok was closed […]
Continue Reading
The government’s flagship online safety bill – designed to protect children from harm – faces being scrapped due to a lack of Commons time and more Tory infighting. Online safety campaigners fear the next prime minister could scrap the bill completely amid reports it will be delayed for at least three months as Parliament rises […]
Continue Reading
Julian Assange can be extradited to the US after UK home secretary Priti Patel approved the request. Wikileaks – the organisation founded by Assange – immediately confirmed it will appeal against the decision, calling it a “dark day” for British democracy and press freedom. Assange, who is Australian, is being held in London’s maximum security […]
Continue Reading
Sheryl Sandberg joined Facebook to “be the adult in the room” back in 2008. Since then, she has overseen astronomical growth in profits, particularly in advertising revenue, but she has also been in the eye of multiple controversies. Once celebrated as an icon for women in business, she was later accused of stirring up more […]
Continue Reading