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  • UK shop price inflation slows to 1.1% in February, easing cost of living pressure

Category: Tools & Tech

Discover the best tools, apps and software for freelancers – from invoicing and time tracking to AI productivity hacks.

Tens of billions of pounds of higher debt interest payments and a slowing economy mean that the UK’s fiscal picture is far worse than it was in the spring, the chancellor has warned before his autumn statement.

Britain’s AI sector set to get £100m extra funding in budget

5 March 2024 News, Tools & Tech Not Ltd 0 Comments

In a move to bolster Britain’s burgeoning artificial intelligence (AI) sector, Chancellor Jeremy Hunt is set to announce a significant increase in funding for the Alan Turing Institute, the national institute for data science and AI. The funding is expected to double, amounting to £100 million over a five-year period.

Spotify

Apple Hit with €1.8bn Fine for Violating Music Streaming Regulations

5 March 2024 News, Tools & Tech Not Ltd 0 Comments

European regulators have imposed a fine of €1.8 billion (£1.54 billion) on Apple for anti-competitive practices that hindered competition in the music streaming market.

Elon Musk

Elon Musk sues ChatGPT-maker OpenAI over Microsoft links given Non-Profit Mission

1 March 20241 March 2024 Legal Advice for Freelancers, News, Tools & Tech Not Ltd 0 Comments

Elon Musk has launched legal action against OpenAI, the developers of ChatGPT, asserting that the company has veered away from the principles agreed upon when he co-founded it in 2015.

has had 2.3 million conversations in its first month

Klarna’s AI chatbot does work of 700 full-time staff having 2.3 million conversations in first month

28 February 202428 February 2024 Tools & Tech Not Ltd 0 Comments

Klarna, the buy now, pay later fintech company, has implemented an AI-powered chatbot to manage two-thirds of its customer service inquiries, effectively performing the equivalent work of 700 full-time customer service agents.

Demis Hassabis, CEO of Google DeepMind, predicts that artificial intelligence (AI) could revolutionise drug discovery by designing drugs directly in clinics within the next few years.

AI to Design Drugs in the Near Future, Says Google DeepMind CEO

27 February 2024 In Business, Tools & Tech Not Ltd 0 Comments

Demis Hassabis, CEO of Google DeepMind, predicts that artificial intelligence (AI) could revolutionise drug discovery by designing drugs directly in clinics within the next few years.

Leaders from the technology industry have issued a call to action for the government to invest heavily in equipping the next generation with digital AI skills.

Tech leaders debate AI skills shortage in Parliament 

20 February 2024 News, Tools & Tech Not Ltd 0 Comments

Leaders from the technology industry have issued a call to action for the government to invest heavily in equipping the next generation with digital AI skills.

Two key groups of lawmakers at the European Parliament on Tuesday ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for the world's first legislation on the technology.

EU policymakers agree deal on ‘AI Act’ to regulate industry

14 February 2024 In Business, Tools & Tech Not Ltd 0 Comments

Two key groups of lawmakers at the European Parliament on Tuesday ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for the world’s first legislation on the technology.

Piers Morgan has announced plans to transition his daily Uncensored show away from TalkTV, redirecting his efforts towards its YouTube channel.

Piers Morgan Shifts Focus to YouTube for Uncensored Show, Departing TalkTV

9 February 2024 In Business, Tools & Tech Not Ltd 0 Comments

Piers Morgan has announced plans to transition his daily Uncensored show away from TalkTV, redirecting his efforts towards its YouTube channel.

The Information Commissioner’s Office (ICO) is issuing a reminder to all app developers regarding the paramount importance of safeguarding users’ privacy, following its examination of period and fertility apps.

ICO urges all app developers to prioritise privacy

8 February 2024 Legal Advice for Freelancers, Tools & Tech Not Ltd 0 Comments

The Information Commissioner’s Office (ICO) is issuing a reminder to all app developers regarding the paramount importance of safeguarding users’ privacy, following its examination of period and fertility apps.

A growing number of social ventures are emerging from universities, aiming to make a real difference to communities across London and further afield.

UK government announces £100m to support AI regulation

7 February 2024 News, Tools & Tech Not Ltd 0 Comments

The UK government has announced £100m to support ‘more agile’ AI regulation.

Leaders from the financial services industry have called on the government and regulators to introduce robust legislation to boost market confidence in the use of artificial intelligence (AI).

Fintech leaders call for stricter AI regulation at Parliamentary summit

6 February 2024 In Business, Tools & Tech Not Ltd 0 Comments

Leaders from the financial services industry have called on the government and regulators to introduce robust legislation to boost market confidence in the use of artificial intelligence (AI).

People should not assume a positive outcome from the artificial intelligence boom, the UK’s competition watchdog has warned, citing risks including a proliferation of false information, fraud and fake reviews as well as high prices for using the technology.

Government Scraps Plans for Voluntary AI Code of Conduct, Stirring Concerns in Creative and Tech Sectors

6 February 20246 February 2024 Legal Advice for Freelancers, Tools & Tech Not Ltd 0 Comments

The recent decision by the UK government to abandon plans for a voluntary code of conduct for artificial intelligence (AI) has been criticised by lawyers, arguing that such a code was destined to fail from the start.

Embarking on the journey of cryptocurrency mining can seem like sailing into choppy seas, with daunting costs and complex technicalities lying in wait.

Why is cloud mining so popular?

5 February 20246 February 2024 Tools & Tech Not Ltd 0 Comments

Embarking on the journey of cryptocurrency mining can seem like sailing into choppy seas, with daunting costs and complex technicalities lying in wait.

The global ransomware threat is expected to increase over the next two years due to Artificial Intelligence (AI), warns the National Cyber Security Centre (NCSC).

Urgent call for cyber defence as AI-Driven Ransomware attacks surge, warns NCSC

24 January 2024 In Business, Tools & Tech Not Ltd 0 Comments

The global ransomware threat is expected to increase over the next two years due to Artificial Intelligence (AI), warns the National Cyber Security Centre (NCSC).

https://bmmagazine.co.uk/news/uk-regulator-opens-investigation-into-amazon-and-google-over-fake-reviews/

New law banning subscription traps and fake reviews to be introduced

24 January 2024 Legal Advice for Freelancers, News, Tools & Tech Not Ltd 0 Comments

Buying, selling or hosting fake reviews will become illegal as part of changes planned in new laws being introduced on Tuesday

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