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There was some relief from UK businesses hoping for government help following the collapse of Silicon Valley Bank (SVB) after HSBC rescued the UK arm of the bank by buying it for £1. What Happened? Due to what many financial analysts believe to be SVB making some bad investments and betting (badly) on interest rates,…
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A recent US research paper entitled “Opted Out, Yet Tracked: Are Regulations Enough to Protect Your Privacy?” highlights how, in many cases, user data is still being collected, processed, and shared, even when users opt out through a Consent Management Platform (CMP). The Issue The research was based around developing a framework to measure how well Consent…
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Meta has announced it’s launching its own version of Twitter’s Blue Tick called ‘Meta Verified’ for Facebook and Instagram where users pay a monthly subscription to be verified on the platforms. Announcement On February 19, Meta’s CEO, Mark Zuckerberg, announced that Meta is starting the rollout of its new ‘Meta Verified’ subscription service for Facebook…
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Green distributed computer network heating company Heata is offering to provide up to 4.8kWh of free hot water per day in exchange for installing a business cloud server in your home. Green Distributed Compute Network Heata, which began as an innovation project with British Gas, describes itself as “a ground-breaking green distributed compute network that uses the…
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Researchers from the University of Sussex and Universal Quantum have announced that they have made a major breakthrough in quantum computing that could help solve the most complex real-world problems. What Are Quantum Computers? Quantum computers can carry out complex calculations at high speed. Whereas traditional computers store data in binary ‘bits’ (ones and zeros)…
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Google’s CEO, Sundar Pichia, has announced that Google will be launching its rival to OpenAI’s ChatGPT called ‘Bard’ “in the coming weeks” following its final testing stage. What Is Bard? Referred to as ‘Apprentice Bard’ during its development stages, Bard is Google’s conversational AI service which uses Language Model for Dialogue Applications (LaMDA), Google’s family of conversational…
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Blockchain data platform Chainanalysis has reported that cybercriminals have seen a 40 per cent fall in their earnings as more people have refused to pay the ransom following ransomware attacks. More Strains With Shorter Lifespans However, the number of unique ransomware strains being used in attacks increased dramatically in 2022 (Fortinet). Also, Chainanalysis reports that…
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Downdetector.com, a website that monitors service interruptions, has recorded a significant number of global reports of issues with various services such as Teams, Outlook, Microsoft 365, and Xbox Live. These reports are gathered from a variety of sources, including user submissions. Microsoft is currently looking into an interruption that has caused thousands of users worldwide…
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Consumer champion Which? says that high-end smart products may lose features and functionality, or become a hacking risk, after as little as two years because manufacturers may stop tech updates. Stopping The Smart Updates Limits Lifespan Which? says it discovered the risk after analysing smart appliances in six key household product areas – washing machines,…
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In this feature, we look at some of the most prominent tech trends for 2023 and how businesses could benefit from them. A Dozen Key Tech Trends Here are as dozen key tech trends to watch this year. 1. Satellite mobile connections and satellite broadband are expected to become more widely available in 2023. This is thanks…
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