Regulators

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FCA deal gives Palantir yet more access to inner workings of power in Britain

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Computing, Economics, Financial Conduct Authority, London, Palantir, Regulators, Technology, UK news

Contract affords AI analytics firm access to trove of data on one of the most important financial centres in the worldPalantir extends reach into British state as it gets access to sensitive FCA dataPalantir’s latest UK contract takes the AI and data analytics company into the heart of one of Britain’s biggest industries: financial services, […]

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Palantir extends reach into British state as it gets access to sensitive FCA data

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Computing, Data protection, Financial Conduct Authority, Palantir, Privacy, Regulators, Technology, UK news

Exclusive: Allowing US tech firm to analyse intelligence in name of tackling fraud raises fresh concerns over privacyFCA deal gives Palantir yet more access to inner workings of power in BritainPalantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about

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Apple and Google pledge not to discriminate against third-party apps

ai, AI (Artificial Intelligence), Apple, Apps, Artificial Intelligence, Business, Competition and Markets Authority, Google, Regulators, Technology, UK news

Tech firms say they will be more transparent about vetting apps for app store in voluntary agreement with UK regulatorApple and Google’s commitment to avoid discriminating against apps that compete with their own products under an agreement with the UK’s competition watchdog have been labelled “lightweight”.The US tech companies have vowed to be more transparent

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UK media groups should be allowed to opt out of Google AI Overviews, CMA says

ai, AI (Artificial Intelligence), Alphabet, Artificial Intelligence, Business, Competition and Markets Authority, Digital media, Google, Media, Newspapers, Newspapers & magazines, Regulators

News organisations hope proposals will increase leverage to get paid if content is used in AI summariesWeb publishers and news organisations could be given the power to stop Google scraping their content for its AI Overviews, under measures announced by the UK competition watchdog to loosen its grip on online search.Media organisations have experienced a

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Coinbase adverts banned in UK for suggesting crypto could ease cost of living crisis

Advertising, ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Cryptocurrencies, Financial Conduct Authority, George Osborne, Media, Politics, Regulators, UK news

Advertising Standards Authority says firm advised by George Osborne ‘trivialised risks of cryptocurrency’A cryptocurrency company advised by George Osborne has been banned from showing a set of adverts that suggested using its services could be a solution to the cost of living crisis.Coinbase, which appointed the former Conservative chancellor to chair its global advisory council

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UK exposed to ‘serious harm’ by failure to tackle AI risks, MPs warn

ai, AI (Artificial Intelligence), Artificial Intelligence, Bank of England, Business, Financial Conduct Authority, Regulators, Technology, UK news

Government, Bank of England and FCA criticised for taking ‘wait-and-see’ approach to AI use in financial sectorConsumers and the UK financial system are being exposed to “serious harm” by the failure of government and the Bank of England to get a grip on the risks posed by artificial intelligence, an influential parliamentary committee has warned.In

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Ofcom investigating Elon Musk’s X after outcry over sexualised AI images

ai, AI (Artificial Intelligence), Artificial Intelligence, Elon Musk, Internet, Internet safety, Media, Ofcom, Regulators, Technology, Women, X

Media regulator investigating site under Online Safety Act, with a de facto ban among possible punishmentsUK politics live – latest updatesThe UK media watchdog has opened a formal investigation into Elon Musk’s X over the use of the Grok AI tool to manipulate images of women and remove their clothes.Ofcom has acted following a public

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Scores of UK parliamentarians join call to regulate most powerful AI systems

Artificial Intelligence, Artificial intelligence (AI), Computing, Politics, Regulators, Technology, UK news

Exclusive: Campaign urges PM to show independence from US and push to rein in development of superintelligenceMore than 100 UK parliamentarians are calling on the government to introduce binding regulations on the most powerful AI systems as concern grows that ministers are moving too slowly to create safeguards in the face of lobbying from the

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‘Urgent clarity’ sought over racial bias in UK police facial recognition technology

Artificial Intelligence, Data visualisations, Facial recognition, Home Office, Police, Race, Regulators, Technology, UK news

Testing showing racial bias against black and Asian people prompts watchdog to ask Home Office for explanationThe UK’s data protection watchdog has asked the Home Office for “urgent clarity” over racial bias in police facial recognition technology before considering its next steps.The Home Office has admitted that the technology was “more likely to incorrectly include

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