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IBM commits $5bn to Project Lightwell open source security initiative
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Elon Musk tweet ‘undermines’ claims by SpaceX in IPO prospectus
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OpenAI shares frontier cyber model with Japan's largest banks
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‘The Gentlemen’ becomes fastest-growing ransomware as industrial sector hit hard
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EU plans push for ‘tech sovereignty’ to cut reliance on US big tech
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King’s College gains access to Google’s Willow quantum processor
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The number of vaccine-related emails used for phishing attacks has increased by 26 per cent since October. Data from cloud security company Barracuda, which analysed phishing emails between October 2020 and January 2021, also found that the number of vaccine-related attacks increased by 12 per cent immediately following vaccine availability announcements from Pfizer and Moderna in November last year.
4/3/2021
The HealthTech market is expected to continue to grow substantially over the next couple of years, according to WELL.
4/3/2021
Samsung is looking at sites in Arizona, New York, and Texas for a new $17 billion chip plant, according to documents filed with Texas state officials. The documents, which are dated 26 February, estimate tax abatements from Travis County in Texas and the city of Austin for the plant will be around $1.48 billion over 20 years, up from the $805.5 million previously mentioned, said a report by Reuters.
3/3/2021
Newcastle-based human stem cell model business Newcells Biotech has secured £5.25m in funding to accelerate its growth in the international life sciences market. Newcells Biotech is a commercial stage life science company which uses its proprietary technology in stem cells and cell biology to build models of human tissues.
2/3/2021
Boeing will base its US Air Force Skyborg plane on a pilotless jet developed in Australia, according to an executive at the company. The move, first reported by Reuters, comes days after Boeing Australia and the Royal Australian Air Force carried out a successful first test of its uncrewed “Loyal Wingman” aircraft.
2/3/2021
Starling Bank, Revolut, Wise (formerly TransferWise), and GoCardless have joined a ‘Tech Zero’ taskforce that aims to accelerate government plans to reach net zero emissions by 2050. Green energy supplier Bulb is leading the taskforce, with the backing of Tech Nation, and Net Zero Business champion Andrew Griffith MP.
1/3/2021
Bill Gates has said that if you have less money than Elon Musk, the world’s richest man, you should “probably watch out” when it comes to Bitcoin. Gates, who is the world’s third richest man, told Bloomberg: “Elon has tonnes of money and he’s very sophisticated, so I don’t worry that his Bitcoin will sort of randomly go up or down.”
1/3/2021
News publishers and technology giants like Facebook should devise deals that “benefit both sides,” the chief executive of UK newspaper group Reach has said. Reach is one of UK’s largest news publishers, incorporating newspapers and publications such as the Daily Mirror, Daily Express, Sunday People, Daily Record, Daily Star, OK!, Manchester Evening News, Liverpool Echo, Birmingham Mail and Bristol Post.
1/3/2021
£480 million could be reimbursed to more than 29 million mobile phone owners if legal action against tech giant Qualcomm is successful. Qualcomm is a global manufacturer of chipsets and owner of patents, used in a range of products including certain smartphones, to enable these products to connect to 4G networks.
26/2/2021
Alexandra Leonards explores the environmental technologies dominating the UK budget in 2021. More than a third of UK consumers say they’d prefer future technology to prioritise climate concerns over non-essential needs. With the government recently announcing plans for a £12 billion ‘green industrial revolution,’ the British public may be in luck.
26/2/2021
The path of UK FinTech is at crossroads of “opportunity and risk,” with competition from overseas and Brexit fallout threatening its leading position in the market, a government-commissioned review has found.
26/2/2021
The Irish Data Protection Commision (DPC) has warned that businesses could face significant disruption to transatlantic data flows because of a 2020 EU court ruling. In July Europe’s highest court decided that an EU to US data transfer agreement was invalid because of concerns about the US surveillance regime not respecting the privacy rights of citizens in the European bloc, according to a report by Reuters.
25/2/2021
A highly anticipated law that forces technology companies to pay for media content has finaly been passed in Australia. The news comes days after Facebook chief executive Mark Zuckerberg held negotiations with the Australian government, which ultimately resulted in the amendment of the law.
25/2/2021
Technology giant Microsoft has announced the launch of its new cloud platform for the financial services market. Microsoft Cloud for Financial Services integrates existing and new capabilities in Microsoft 365, Azure, Dynamics 365, and Microsoft Power Platform.
25/2/2021
Facebook has today announced it will spend $1 billion on the news industry over the next three years. The move comes less than a week after the social media giant blocked Australian users from accessing news on the site over a new law that forces tech companies to pay for media content.
24/2/2021