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Innovate Finance, the industry body for British fintechs, has called for an anti-fraud strategy that would force social media and telco firms to share liability with payment providers in reimbursing fraud, echoing calls from the sector. The group said social media platforms like Facebook as well as calls and texts managed by telco groups should ...
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Apple today announced its 2025 Pride Collection, including a new Apple Watch band, watch face, and iPhone and iPad wallpaper. The new Pride Edition Sport Band is available to order on Apple.com and in the Apple Store app starting today, and it will be available at Apple Store locations beginning next week. In the U.S., the band costs $49. The new Pride Harmony watch face and a matching iPhone and... Read more ›
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The U.S. President claimed that he has requested the Department of Commerce introduce a 100% tariff on 'any and all' films that were 'produced in foreign lands.' Read more ›
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Tesla sales fell by up to 81% in some European EV markets in April, compared to last year. It comes as rivals are putting pressure on the company. Read more ›
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Shipbuilding has come a long way since the days of sail and wooden hulls. These ships carry out some wild missions thanks to highly specialized design. Read more ›
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You can save up to $325 with a trade-in credit when purchasing the rugged, outdoorsy Galaxy Watch Ultra. Read more ›
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Pennsylvania’s Lehigh Valley was once synonymous with America’s industrial might. The region was known for its booming manufacturing economy anchored by companies like Mack Trucks and Bethlehem Steel, the latter of which employed over 30,000 workers at its peak in the 1950s. But manufacturing began to struggle in the 1970s and collapsed by the turn […] Read more ›
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Trump said the US's film industry is "dying a very fast death" because productions are shifting out of the country. Read more ›
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Macer Gifford said he was "shocked" by the Russian army's brutality in Ukraine, and said that his unit agreed that no member would be taken alive. Read more ›
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Trump resumed involuntary collections on defaulted student loans. Borrowers who don't make payments could have some of their federal benefits seized. Read more ›
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Amazingly, reaction times using screens while driving are worse than being drunk or high—no wonder 90 percent of drivers hate using touchscreens in cars. Finally the auto industry is coming to its senses. Read more ›
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The fast-fashion giant launched an elaborate PR campaign in Washington, hiring at least three high-ranking Trump officials. But it wasn’t enough to save Shein from Trump’s tariffs. Read more ›
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The Fed is widely expected to leave rates steady on Wednesday, but traders will monitor comments for economic projections and clarity on future rate cuts. Read more ›
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Today, May 5th, marks the final day for Skype, ending its 22-year run as a staple of daily communication. Read more ›
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The currency of Taiwan, the 'silicon island,' has appreciated over 10% vs the USD in the space of just a few days, raising concerns about further price rises coming to U.S. consumers. Read more ›
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The upgrade is focused on making the Ethereum blockchain more user-friendly and efficient. Read more ›
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'Day One' brought Ellie and Dina further into their search for Abby, and into the throes of another cyclical conflict. Read more ›
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After a stinging rebuke in the lower courts over its legal battle with Epic, Apple filed a notice of appeal to the Ninth Circuit on Monday. The appeal will challenge last week’s ruling that prevents the company from charging developers fees on purchases made outside the App Store. In 2021, the Epic v. Apple lawsuit […] Read more ›
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He said Bezos was a "very nice guy," and they had a relationship. Read more ›
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Cities from New York to Houston are sinking into the ground little by little, putting an estimated $109 billion of property at risk of flooding. Read more ›
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This week’s podcast guest is David Keene, CEO of Aurrigo, who discusses how autonomous driving will progress in the UK, how a chance encounter pivoted his company’s entire market and the journey of turning grant funding into an initial public offering. Aurrigo is an autonomous driving company that specialises in vehicles for the aviation industry, ... Read more ›
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The launch of a misinformation advisory committee by Ofcom as part of the Online Safety Act has been condemned by fact checkers as watered down. The Online Information Advisory was officially launched on Monday as a committee to advise the media watchdog on its work relevant to misinformation as it prepares to use new legislation ... Read more ›
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Innovate Finance has published a blueprint to make the UK the leading international market for stablecoin. The report, entitled Stablecoin: The UK Opportunity, outlines how the UK can become the most attractive jurisdiction in the world for issuing and using stablecoins while maintaining high standards of financial stability, transparency and consumer protection. Stablecoins are digital tokens ... Read more ›
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Sprive, a fintech app that promises to reduce the costs of users’ mortgages, has secured a £5.5m investment. The vast majority of UK household debt is tied up in mortgages, with interest on repayments and the growing use of 35-years and beyond plans making it difficult for many to keep up. Sprive claims to be ... Read more ›
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Chancellor Rachel Reeves has revealed plans to regulate the cryptoasset industry in hopes of cracking down on bad actors while giving clarity to crypto firms. Announced at the Innovate Finance Global Summit on Tuesday, Reeves announced draft legislation to regulate the cryptoasset sector amid calls for transparency from the industry. “Through our Plan for Change, ... Read more ›
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A new semiconductor facility has opened in Southampton, becoming the first electron beam lithography site in Europe. Electron beam lithography is an advanced process for carving complex patterns into incredibly small microchips with a high level of accuracy. Opened on Wednesday at the University of Southampton, the new facility is just the second in the world, ... Read more ›
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A cybersecurity startup founded by former Google engineer Joe Tallett that claims to be able to stop scams before they happen, has emerged from stealth with a £350,000 investment. AVIEL Intelligence, which also includes executive alums from what3words, provides banks and payment firms with an intelligence engine that it claims can identify scam networks and ... Read more ›
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London-listed crypto mining company Argo Blockchain has been forced to request a suspension of trading of its public shares following delays in the release of its accounts. The company announced today that it would be unable to meet the deadline for releasing its results required by the UK public listing regime. Under UK law, the ... Read more ›
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It was good to be back at the Innovate Finance Global Summit, UK Fintech’s Week flagship event, this week. Throughout the panel sessions and conversations with audience members – including founders, investors and policymakers – ran a distinct buzz of excitement about the current state of UK fintech. There’s no doubt that fintech is enjoying ... Read more ›
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UK tech incorporations fell at the start of the year amid tariff disruptions and economic uncertainty, new figures have revealed. Approximately 12,184 new tech companies were incorporated in Britain in the first quarter of 2025, 12% less than the same period the previous year according to analysis from tax and consulting firm RSM. The drop ... Read more ›
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05.05.2025 11:51
Last update: 11:46 EDT.
News rating updated: 18:40.
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