Corporations are spending big on AI. According to IDC, total business investments in generative AI are expected to increase 94% this year to reach $61.9 billion. However, just investing in AI does not guarantee a payoff. In fact, as Laura Clayton McDonnell, President of Corporates at Thomson Reuters explains, new research from McKinsey finds that the vast majority of companies ...
Virgin StartUp has launched a first-of-its-kind accelerator programme to help dyslexic entrepreneurs scale their businesses, highlighting the growing economic contribution of founders with Dyslexic Thinking skills. New analysis from global charity Made By Dyslexia shows that dyslexic entrepreneurs contribute at least £4.6 billion to UK GDP every year and support more than 60,000 jobs. The research also suggests that one ...
An upcoming iPhone update is raising alarms among Republican fundraisers who say a new text filtration system set to hit the market in September will disproportionately block conservative fundraising and voter outreach efforts, echoing past Big Tech controversies that put a target on the backs of GOP voters. ‘It’s no surprise that Big Tech wants to stop Donald Trump and ...
Mark Cuban has advised young people looking to break into the artificial intelligence sector to focus less on working for big tech companies and more on developing skills to help smaller businesses integrate AI. Speaking in a livestreamed interview on the Technology Business Programming Network (TBPN), the billionaire entrepreneur and former Shark Tank star said there is an enormous gap ...
The owner of the Financial Times has launched legal action against artificial intelligence start-up Perplexity AI, accusing the company of large-scale copyright infringement and “free riding” on journalists’ work. Japanese media group Nikkei, alongside daily newspaper The Asahi Shimbun, has filed a lawsuit claiming that San Francisco-based Perplexity used their articles without permission, including content behind paywalls, since at least ...
Debenhams Group is considering the sale of Pretty Little Thing as part of a wider restructuring effort aimed at stabilising the struggling fashion retailer. Chief executive Dan Finley, who took charge last November after the resignation of John Lyttle, said he would leave “no stone unturned” in attempts to turn around the group, which rebranded from Boohoo earlier this year. ...
UK businesses spent as much as £65 million last year on licences to export food and agricultural products to the EU – costs the government has pledged to eliminate within the next 18 months. Figures published by the Department for Environment, Food and Rural Affairs on Tuesday showed 328,727 export licences were issued in 2024, each costing between £113 and ...
I spent fourteen years in the financial services sector, navigating an industry where long hours were simply part of the landscape. Twelve-hour days felt normal, weekend work was expected, and the relentless pace was just how business was done. Like many of my peers, I equated busyness with productivity and assumed that working harder would naturally lead to better results. ...
Almost £1 billion was wiped off the stock market value of Britain’s biggest retailers on Tuesday after Deutsche Bank warned that consumer confidence is sliding sharply ahead of the autumn budget. The bank’s so-called fear index points to rising anxiety across all income groups, with shoppers concerned about job losses, frozen tax thresholds, and the prospect of further fiscal tightening ...
President Donald Trump boasted that he has raised more than $1.5 billion ‘in various forms and political entities’ following the 2024 presidential contest. ‘I am pleased to report that I have raised, since the Great Presidential Election of 2024, in various forms and political entities, in excess of 1.5 Billion Dollars. MAKE AMERICA GREAT AGAIN!!! President DJT,’ he wrote in ...