The UK continues to tackle a skills gap for crucial tech roles. At the same time, government plans to reduce net migration have caused concerns among startups that it will become even more challenging to secure the right talent. What are the visa options for people hoping to work in the UK’s tech ecosystem and […]
A mega-fraud case has rocked Vietnam, shining a spotlight on the emerging economy that is positioning itself as an alternative to China.On Thursday, Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud that took place over the course of a decade — which amounts to about 3% of the country's GDP. Prosecutors allege the damage from the fraud could reach $27 billion.Lan, the chairwoman of real-estate developer Van Thinh Phat Group, was arrested in...
Concentration of power among just six big tech companies ‘could lead to winner takes all dynamics’Just six major technology companies are at the heart of the AI sector through an “interconnected web” of more than 90 investments and partnerships links, the UK’s competition regulator has warned, sparking increased concern about the anti-competitive nature of the technology.Sarah Cardell, the chief executive of the Competition and Markets Authority, said AI foundation models – general-purpose AI...
Grocery delivery firm Getir is reportedly considering leaving the UK, putting as many as 1,500 jobs at risk.
A single crash of a rocket in 2019 cost more than over $411 million to space insurers, who provide insurance cover for space missions. Last year, the total premiums collected in the space insurance market globally was $550-600 million, but claims totalled $1 billion.With an increasing number of launch failures, communication problems and space debris, space insurance has come to be categorised as a high-risk field of insurance. With India becoming a key space economy, the significance of...
Lawmakers from both sides of the aisle concerned about recent cyberattacks on water systems in drought-stricken areas of the western U.S. are seeking answers from the Department of Homeland Security (DHS) on how hacks are going to be prevented in the future. In a letter to DHS Secretary Alejandro Mayorkas, Reps. Ruben Gallego, D-Ariz., and Pat Fallon, R-Texas, called for a briefing and answers regarding the January cyberattack launched against the water system in Muleshoe, Texas. The hack caused...
Creative UK, the national network for creative industries, has launched a manifesto ahead of the UK’s forthcoming general election calling for “radical new action” across the country&
Rural Texas towns report cyberattacks that caused one water system to overflow
By KEN MILLER (Associated Press) A hack that caused a small Texas town’s water system to overflow in January has been linked to a shadowy Russian hacktivist group, the latest case of a U.S. public utility becoming a target of foreign cyberattacks. The attack was one of three on small towns in the rural Texas […]
For almost 90 years the UK’s electricity grid has served us well. So well, in fact, that it is easy to take for granted. We put the kettle on and
Nischa Shah is an accountant, investment banker, and "money expert" who has worked in finance for over 13 years.The UK-based finance expert uses her YouTube profile, which boasts more than one million followers, to educate and entertain those seeking money management advice and those interested in the finance world.In a video posted on YouTube, Nischa told her audience that, throughout her career, she has "learned how to spot the signs that contribute to financial success" even if you feel like...
The Federal Deposit Insurance Corp. aims to vote on a measure in coming weeks.