White House special envoy Steve Witkoff said he is pushing for all hostages held in the Gaza Strip to be returned this week, though negotiations with Hamas still appear to be at an impasse. ‘We adamantly want, and I’m following the president’s direction here when I say this, all of those hostages home this week,’ Witkoff told Fox News’ Bret Baier on ‘Special Report’ Tuesday night. ‘There’s been a deal on the table for the...
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 implementing AI have seen no significant bottom-line impact from the technology. These findings are echoed...
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 in three business founders are dyslexic, with skills such as creativity, problem-solving, visualisation and big-picture...
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 other Republicans from communicating with people, because they’ve tried every other method to interfere already,’...
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 £200. That equates to a total burden of between £37 million and £65 million for...
Tom Hartley Jnr has announced the successful sale of the extraordinary Mansour Ojjeh McLaren collection, one of the most significant supercar ensembles ever assembled. The collection of 20 McLarens, curated by the late Mansour Ojjeh – the influential shareholder and driving force behind McLaren’s success on and off the track – is considered unrepeatable. Each car represents the final chassis of its respective model, with almost all in unused, factory-fresh condition. At its heart lies...
The Trump administration has confirmed that it is reviewing the records of more than 55 million US visa holders in what amounts to one of the most extensive immigration crackdowns in modern American history. In a move first reported by the Associated Press, the State Department said that every foreign national currently holding a valid US visa will be subject to “continuous vetting” for potential ineligibility, including those already living in the country. If violations...
HMRC’s use of artificial intelligence to profile people’s social media activity will increase tax compliance, according to leading audit, tax and business advisory firm Blick Rothenberg. Fiona Fernie, a partner at the firm, said that HMRC’s CONNECT system has been deploying advanced analytics since the early 2000s to spot underpaid tax. “CONNECT uses (and has always used) advanced analytics such as pattern recognition, predictive modelling, and machine learning, which are all forms of AI. Social...
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 in the market for “AI integrators” – people who can adapt AI tools for practical...
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 June 2024. In a joint statement, the publishers warned the practice posed a serious threat...
