Category: Silicon UK

Bitcoin Rise Sees Market Cap Cross $1 Trillion

Value of all bitcoin in circulation, or market cap, on Wednesday rose above $1 trillion mark for first time since 2021 This article has been indexed from Silicon UK Read the original article: Bitcoin Rise Sees Market Cap Cross $1…

ARM Shares Nearly Double Amid AI Surge

Shares in ARM Holdings have exploded over the past week, after an optimist forecast almost doubled its share price This article has been indexed from Silicon UK Read the original article: ARM Shares Nearly Double Amid AI Surge

Openreach Confirms Faster Fibre Speeds From 1 April

Fibre to the Premise (FTTP) broadband speeds are to be ‘turbo-charged’, after Openreach launches two new speed tiers This article has been indexed from Silicon UK Read the original article: Openreach Confirms Faster Fibre Speeds From 1 April

Silicon UK In Focus Podcast: The Mobile Society

Explore the pulse of technology and society with Silicon UK’s In Focus Podcast: The Mobile Society. From innovation to social trends, gain insights into the dynamic world of mobility. Tune in for engaging discussions and expert perspectives on the intersection…

Russian Court Orders Arrest Of Meta Spokesman

Empty threat? Court in Moscow orders arrest in absentia of Meta spokesman Andy Stone, over terrorism-related charges This article has been indexed from Silicon UK Read the original article: Russian Court Orders Arrest Of Meta Spokesman

Starlink Not Used By Russian Troops, Says Moscow

Kremlin denies Ukraine claim that Elon Musk’s Starlink is being used by Russian troops in occupied territories This article has been indexed from Silicon UK Read the original article: Starlink Not Used By Russian Troops, Says Moscow

French Prosecutors Raid Huawei Office

Huawei says it is fully co-operating, after its French offices were searched last week as part of probe by financial prosecutors This article has been indexed from Silicon UK Read the original article: French Prosecutors Raid Huawei Office

Jeff Bezos Offloads $2 Billion Worth Of Amazon Shares

Not enough yachts? Amazon founder Jeff Bezos sells 12 million shares for $2bn, after relocating to tax friendly Florida This article has been indexed from Silicon UK Read the original article: Jeff Bezos Offloads $2 Billion Worth Of Amazon Shares

Cisco To Cut ‘Thousands Of Jobs’ – Report

Staff at Cisco brace for bad news ahead of an earning statement this week, amid reports of thousands of layoffs This article has been indexed from Silicon UK Read the original article: Cisco To Cut ‘Thousands Of Jobs’ – Report

US To Invest $5 Billion In Semiconductor Research

White House confirms $5 billion from US Chips and Science Act will be used for semiconductor research and development This article has been indexed from Silicon UK Read the original article: US To Invest $5 Billion In Semiconductor Research

Google Rebrands Bard AI Chatbot As Gemini

Bard becomes Gemini, as Google rebrands chatbot and launches monthly subscription for access to more powerful AI system This article has been indexed from Silicon UK Read the original article: Google Rebrands Bard AI Chatbot As Gemini

Hacking Victims Paid $1.1bn In Ransoms Last Year

Chainalysis report finds ransomware victims paid cybercriminals a record $1.1 billion in cryptocurrency in 2023 This article has been indexed from Silicon UK Read the original article: Hacking Victims Paid $1.1bn In Ransoms Last Year

Amazon Cuts Hundreds Of Jobs In Health Units

More layoffs at Amazon as cost-cutting continues, with hundreds of jobs being axed at Pharmacy and One Medical divisions This article has been indexed from Silicon UK Read the original article: Amazon Cuts Hundreds Of Jobs In Health Units

TSMC To Build Second Factory In Japan

World’s largest chipmaker TSMC confirms it will build second fab in Japan, with backing from Sony and Toyota This article has been indexed from Silicon UK Read the original article: TSMC To Build Second Factory In Japan

Spotify Sees Record Subscriber Growth For 2023

Spotify announces record subscriber growth for 2023 and sees ‘improving growth and profitability’ after axing thousands of staff This article has been indexed from Silicon UK Read the original article: Spotify Sees Record Subscriber Growth For 2023

Meta To Begin Labelling Other Companies’ AI Images

Meta to begin labelling AI-generated images from other companies on Facebook, Instagram, Threads amidst fears over misinformation and deception This article has been indexed from Silicon UK Read the original article: Meta To Begin Labelling Other Companies’ AI Images

Early Apple Vision Pro Users Find Pitfalls, Hidden Gems

Early users of Apple Vision Pro find self-repair difficulties, unexpected gems as platform gets ChatGPT app and YouTube ‘on the way’ This article has been indexed from Silicon UK Read the original article: Early Apple Vision Pro Users Find Pitfalls,…

UK EV Maker Arrival Collapses Into Administration

British electric vehicle start-up Arrival enters administration three years after being valued at $15bn, with 170 jobs at risk This article has been indexed from Silicon UK Read the original article: UK EV Maker Arrival Collapses Into Administration

AI In Your Pocket

As Mobile World Congress draws closer, how will AI impact the development of the smartphone? AI’s transformative impact will be profound, from cutting-edge camera enhancements to predictive text suggestions. This article has been indexed from Silicon UK Read the original…

Yandex Parent To Sell Russian Operations

Parent company of major Russian search engine Yandex to divest Russian operations as it refocuses amidst Ukraine conflict This article has been indexed from Silicon UK Read the original article: Yandex Parent To Sell Russian Operations

Snap Cuts 10 Percent Of Staff

Social media firm Snap cuts 10 percent of staff as last year’s surge in tech company layoffs continues into 2024 This article has been indexed from Silicon UK Read the original article: Snap Cuts 10 Percent Of Staff

Huawei Retakes Top China Smartphone Sales Spot

Huawei retakes No. 1 sales rank in China with premium 5G handset, in spite of US trade sanctions in place since 2019 This article has been indexed from Silicon UK Read the original article: Huawei Retakes Top China Smartphone Sales…

Labour Would Bring In Mandatory AI Safety Testing

Labour would make it ‘statutory’ for tech companies to carry out AI safety tests and share results with government, replacing voluntary deal This article has been indexed from Silicon UK Read the original article: Labour Would Bring In Mandatory AI…

Lords: UK Risks Missing Out On AI ‘Goldrush’

House of Lords committee warns government’s focus on AI safety could mean missing out on new tech ‘golddrush’ This article has been indexed from Silicon UK Read the original article: Lords: UK Risks Missing Out On AI ‘Goldrush’

Tesla To Settle California’s Hazardous Waste Lawsuit

Elon Musk’s Tesla will pay $1.5 million as it settles a lawsuit filed this week in California over mishandling hazardous waste This article has been indexed from Silicon UK Read the original article: Tesla To Settle California’s Hazardous Waste Lawsuit

Google Signs Major Offshore Wind Deal

Largest offshore wind agreement signed by Google to utilise two new wind farms off coast of the Netherlands This article has been indexed from Silicon UK Read the original article: Google Signs Major Offshore Wind Deal

Mark Zuckerberg Apologises To Parents At Senate Hearing

CEOs of Meta, TikTok, X and other platforms appear before Senate Judiciary Committee to discuss online protections for children This article has been indexed from Silicon UK Read the original article: Mark Zuckerberg Apologises To Parents At Senate Hearing

FTX Abandons Crypto Exchange Return

No coming back. Attorney for FTX confirms attempts to restart disgraced crypto exchange have been abandoned This article has been indexed from Silicon UK Read the original article: FTX Abandons Crypto Exchange Return

Alphabet’s Ad Revenue Miss Punished By Investors

Another tech industry bellweather, Alphabet, delivers strong Q4 and FY23 financials, yet investors not happy at ad revenue miss This article has been indexed from Silicon UK Read the original article: Alphabet’s Ad Revenue Miss Punished By Investors

Microsoft Profit Rises 33 Percent Thanks To AI, Cloud

Strong AI adoption and cloud helps Microsoft deliver another strong quarterly performance, amid $3 trillion valuation This article has been indexed from Silicon UK Read the original article: Microsoft Profit Rises 33 Percent Thanks To AI, Cloud

Cruise Faces $1bn Spending Cut By Parent GM

Robotaxi firm Cruise faces tough 2024, after parent General Motors says it will halve spending on self-driving cars This article has been indexed from Silicon UK Read the original article: Cruise Faces $1bn Spending Cut By Parent GM

PayPal To Axe 9 Percent Of Global Workforce

Another blow for jobs market. PayPal to lay off 2,500 jobs as part of move to “right-size” the payments firm This article has been indexed from Silicon UK Read the original article: PayPal To Axe 9 Percent Of Global Workforce

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US Mounts Operation Against Chinese Hacking Network

US government reportedly launched operation late last year against Chinese hacking network, including remotely disabling elements of botnet This article has been indexed from Silicon UK Read the original article: US Mounts Operation Against Chinese Hacking Network

Peugot To Integrate ChatGPT Across Car Line

Stellantis’ Peugot to integrate OpenAI’s ChatGPT AI into voice assistant across car line, rolls out eight-year EV warranty This article has been indexed from Silicon UK Read the original article: Peugot To Integrate ChatGPT Across Car Line

Germany ‘To Approve’ EU’s AI Act

Germany prepared to approve EU’s AI Act after coalition’s Free Democratic Party drops objections over red tape This article has been indexed from Silicon UK Read the original article: Germany ‘To Approve’ EU’s AI Act

Italy Says ChatGPT Violates Data Protection Rules

Italian data protection regulator says investigation found OpenAI’s ChatGPT violates EU’s GDPR privacy rules This article has been indexed from Silicon UK Read the original article: Italy Says ChatGPT Violates Data Protection Rules

Microsoft Expects AI Revenue Growth As Shares Surge

Microsoft expected to see strong revenue growth amidst strong AI adoption, but Azure sees flat margins on infrastructure investment This article has been indexed from Silicon UK Read the original article: Microsoft Expects AI Revenue Growth As Shares Surge

Huawei Electric Car Partner Sees Revenue Surge

Huawei electric car manufacturing partner Seres sees losses down up to 45 percent on strong sales of latest Aito EV models This article has been indexed from Silicon UK Read the original article: Huawei Electric Car Partner Sees Revenue Surge

Apple ‘Infringes DMA’ With New EU Developer Terms

Apple plans for compliance with EU’s Digital Markets Act show ‘disdain’ for regulators and ‘should not be tolerated’, argues legal expert This article has been indexed from Silicon UK Read the original article: Apple ‘Infringes DMA’ With New EU Developer…

Silicon UK In Focus Podcast: The Future of GenAI

In this episode, we peer into the horizon of innovation as we delve into The Future of GenAI. Join us as we navigate through the dynamic landscape of genetic artificial intelligence, exploring its potential, ethical considerations, and the profound impact…

Fortnite To Return To iPhones In European Union

Epic Games to bring Fortnite back to iPhones under new EU competition rules – but criticises new Apple ‘junk fees’ This article has been indexed from Silicon UK Read the original article: Fortnite To Return To iPhones In European Union

Salesforce Lays-Off 700 Staff – Report

American CRM giant Salesforce is reportedly reducing its workforce again, on top of a sizeable reduction back in 2023. The Wall Street Journal reported that Salesforce is laying off 700 workers, or 1 percent of its workforce, in the latest…

TSMC Further Delays $40 Billion Arizona Chip Fab

Chip manufacturing giant TSMC confirms arrival of second factory in Arizona will be delayed, amid US incentive review This article has been indexed from Silicon UK Read the original article: TSMC Further Delays $40 Billion Arizona Chip Fab

HP Enterprise Hacked By Suspected Russian Hackers

Regulatory filing by Hewlett Packard Enterprise reveals suspected state-backed Russian hackers breached its cloud email system This article has been indexed from Silicon UK Read the original article: HP Enterprise Hacked By Suspected Russian Hackers

Spotify To Begin In-App Purchases On iPhone

As new EU law nears, Spotify says it will update iPhone app to allow users in-app to buy subscriptions, audiobooks This article has been indexed from Silicon UK Read the original article: Spotify To Begin In-App Purchases On iPhone

Google Settles AI Chip Patent Lawsuit With Singular

Settlement agreement reached in patent infringement lawsuit over Google’s AI chips that had sought billions of dollars This article has been indexed from Silicon UK Read the original article: Google Settles AI Chip Patent Lawsuit With Singular

Netflix Subscribers Surge Amid Password Crackdown

Saturated streaming market? Netflix pleases investors by recording notable rise in paid subscribers, on top of strong Q4 financials This article has been indexed from Silicon UK Read the original article: Netflix Subscribers Surge Amid Password Crackdown

CEO Of eBay Confirms 1,000 Job Losses

Internal memo to eBay staff confirms 1,000 jobs or 9 percent of full-time employees, will be axed to ensure firm’s “long-term success” This article has been indexed from Silicon UK Read the original article: CEO Of eBay Confirms 1,000 Job…

SAP To Restructure 8,000 Jobs, Amid Business AI Push

Restructuring plan at SAP will impact 8,000 jobs, as firm focuses “on scalability of operations and Business AI” This article has been indexed from Silicon UK Read the original article: SAP To Restructure 8,000 Jobs, Amid Business AI Push

Apple Moves To Dismiss Lawsuit Over UK Developer Fees

Apple argues developer lawsuit ‘unsustainable’, as it faces multiple UK cases targeting App Store fees, battery slowdown This article has been indexed from Silicon UK Read the original article: Apple Moves To Dismiss Lawsuit Over UK Developer Fees

Crypto Firm Terraform Labs Files For Bankrupcy In US

Terraform Labs, company behind failed Luna and TerraUSD crypto tokens, files for bankruptcy as it faces legal charges in US and Singapore This article has been indexed from Silicon UK Read the original article: Crypto Firm Terraform Labs Files For…

YouTuber MrBeast Makes $250,000 From Video On X

Top YouTube creator makes more than $250,000 in closely watched test of X’s new ad revenue-sharing programme This article has been indexed from Silicon UK Read the original article: YouTuber MrBeast Makes $250,000 From Video On X