Lightweight artificial intelligence model launched this week by Microsoft, offering more cost-effective option for Azure customers
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Oracle To Invest More Than $8 Billion In Cloud, AI In Japan
Oracle's huge AI, Cloud investment in Japan will meet growing local demand and address digital sovereignty requirements
Canada To Implement Digital Services Tax This Year
Introduction of digital services tax on tech firms will begin in 2024 Canadian government confirms, amid delay to global agreement
Google To Spend $1 Billion On Two Subsea Cables To Japan
US and Japan to be connected by two new subsea Google cables, amid possible AUKUS alliance expansion to include Japan
Payments Regulator Probing String Of Payments Failures
Payments regulator says it is monitoring string of failures that affected payments systems at McDonald's, Sainsbury's, Tesco and Greggs within five days
US Government, US States Sue Apple For Smartphone Monopoly
Apple accused of making it harder to switch phones, hampering innovation, and imposing costs on developers
McDonald’s Suffers IT Outage In Different Countries
Fast food chain suffers IT outages around the world, but McDonald's denies it was because of a cyberattack
Vodafone Sells Italian Operation For €8 Billion
Last downsizing move? Vodafone sells off another European unit, namely its Italian operation to Swisscom for €8bn in cash
Intel Signs Microsoft As Foundry Customer
Microsoft will use Intel’s chip contract manufacturing division to manufacture a custom computing chip, chip giant says
OpenAI Introduces AI Model That Turns Text Into Video
What is real? OpenAI's new AI model 'Sora' can “create realistic and imaginative scenes from text instructions”
SEC Chairman Calls For AI Caution, Cites Financial Stability Risk
Gary Gensler urges companies to be cautious over rushing onboard the AI hype train and points out its risk for fraud and financial stability
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
NCSC Warns Of ‘Living Off The Land’ Attacks Against Critical Infrastructure
“Living off the land” attacks, where hackers are camouflaged within internal networks, pose national security risk for critical infrastructure
Third Of European Businesses Have Adopted AI, Says AWS
AWS finds AI already adopted at sizeable number of European businesses, resulting in increased revenues, productivity
Microsoft To Allow Cloud Users To Store Personal Data In Europe
In effort to resolve privacy worries, Microsoft is to allow its cloud customers to store all personal data within EU
BT’s Successor Allison Kirkby To Start As CEO On 1 February
With current chief executive Philip Jansen stepping down at the end of the month, BT confirms February start for new boss
EU’s Antitrust Head To Meet Tech CEOs Next Week
Margrethe Vestager to met Tim Cook, Sundar Pichai, Jensen Huang etc to discuss EU digital regulation and competition policy
Xerox Axes 15 Percent Of Workforce, Admits ‘Cyber Incident’
Happy new year. Tech veteran Xerox is to hand out P45s to approximately 3,000 employees in the first quarter of 2024
Bank Of England, FCA Propose Rules To Regulate Bank’s Tech Reliance
Financial Conduct Authority, Bank of England publish proposals to bolster tech resistance of the financial sector
Ofcom’s Age Verification Proposals Pose ‘Significant’ Privacy, Security Risk
Open Rights Group slams Ofcom's proposals for age verification checks on porn websites, citing privacy and security concerns
Ofcom Proposes Face Scanning, Banking Details For Porn Age Verification
Proposals published by Ofcom for porn websites to implement acceptable age verification measures under Online Safety Bill
IBM Unveils Heron Quantum Chip, Plus Quantum System Two
Next generation quantum processor dubbed 'Heron', and the modular IBM Quantum System Two unveiled by Big Blue
UK’s CMA Wins Appeal To Investigate Apple
Apple's mobile browser and cloud gaming services will be investigated after the CMA won an appeal on Thursday
Google Agrees To Pay Canadian News Publishers
Agreement with Canadian government will see Google pay local news publishers $73 million a year. Meta dispute however, continues
Uber To Tempt London Black Cabs With App Offer
Uber is to open up its platform to London's black cabs in 2024, but taxi association says there is no demand for it
AWS re:Invent: Amazon Q Touted As New Business Chatbot
Amazon answer to ChatGPT? Amazon Web Services confirms launch of business focused AI chatbot called Amazon Q
US Wraps Up Landmark Antitrust Case Against Google
Government wraps up its evidentiary phase of landmark antitrust case against Alphabet's Google, but closing arguments may come in 2024
European IT Spending To Grow 9 Percent In 2024, Says Gartner
Gartner forecasts European IT spending to rise next year, with software and IT services segments to see the most growth
ChatGPT Back Online After “Major Outage”
OpenAI's ChatGPT service is back online after “major outage” on Wednesday afternoon that lasted just short of two hours
Apple Disappoints As FY23 Results Decline
Declines for Mac, iPads and wearables, home and accessories, plus gloomy holiday season outlook, dents Apple's Q4 and full year results