Business & Tech
The latest stories from independent business & tech media.
Mistral bags €3B to build Europe's sovereign AI champion
Samsung-led round values the French model maker at more than €21B
Grindr pays £26M to settle UK privacy class action
Dating app admits no liability over allegations that it shared sensitive user data, including HIV status, with third parties
Extortion crews have their eyes on high-value AI data, Google warns
Companies 'don't want their IP exposed, so they're willing to pay'
Harvey Nichols relaunches ecommerce site under Frasers banner
Harvey Nichols has resumed online trading under new owner Frasers Group, following a temporary shutdown of its website in August, after the luxury department store was acquired out of administration.
Britain reboots its space strategy with £7.8B already on the launchpad
Cross-government plan combines civil ambitions with an increasingly military view of orbit
Runtime: SAP's kernel has a CVSS 10-shaped hole in it. Buckle up.
+ OpenAI’s “observability” headaches, and more.
Advisers call for CGT reporting in platform tax packs to help manage rising client volumes
The majority of advisers want platforms to include capital gains tax (CGT) reports as part of their tax packs. This is according to new research from tax software provider Financial Software Ltd (FSL), which found that 94% of advisers want CGT reports to help them
SAP vulnerability “OVERPASS” may be its worst ever
SAP kernel bug, CVSS 10, has "fight for patching downtime asap" written all over it. Who's affected?
Tom Redmayne: Succeeding as a planner? Focus on your goals
Just over seven years ago, I was unemployed, unqualified and ‘looking for purpose’, having left the catering business I’d co-founded. Seven years on, I’m writing this as a chartered financial planner, and the proud owner and director of rockwealth Cambridge.
PyTorch Foundation adds Chinese tech trio as members
Qwen developer Alibaba Cloud among the companies helping expand the foundation's China footprint.
BigBear phishing crew nets thousands of Microsoft 365 credentials
Researchers got inside the crooks' admin panel and found 5,137 stolen records tied to 461 organizations
UniCredit acquires stake in German fintech VC Trade
UniCredit has acquired a minority stake in VC Trade, a Frankfurt-based fintech company operating digital marketplaces and infrastructure for debt transactions.
SolarWinds has a new CISO, new AI products, and some deep scars
We sat down to chat with CTO Krishna Sai and CISO Justin Henkel
Amati recruits former Octopus Investments head of wholesale and key partnerships
Specialist asset management boutique Amati Global Investors has recruited former Octopus Investments head of wholesale and key partnerships Gavin White to its sales team.
UK energy operator sticks with Palantir in £21M direct award
Proprietary platform keeps incumbent in place while NESO prepares a future competition
Absolute adds £280m with Platinum acquisition
IFA consolidator Absolute Financial Group has acquired Greater Manchester-based Platinum Independent Financial Services, adding £280m in assets under advice (AUA).
Mistral to boost model research after Samsung-led €21bn valuation
Europe's largest AI lab raised €3 billion despite struggles to keep up with US and China.
Asda offers 6,000 free flu jabs ahead of flu season
Asda is offering free private flu vaccinations on 14 September, with up to 6,000 appointments available nationwide.
Chet Velani: The Mills Review is more about strategy than AI
The Sheldon Mills Review should be welcomed by the financial advice industry. It provides a positive and ambitious vision for how artificial intelligence (AI) could transform financial services and, crucially, improve outcomes for consumers.
Whitehall's latest plan to get things done: Less Whitehall
Ministers declare war on an 'industry of dither and delay' as consultations, legal caution, and judicial reviews get the chop
Arm pushes agentic AI and desktop-quality graphics in next-gen phone platform
New CPU and GPU designs chase lower latency and richer games within a 1 W power budget
Victoria Beckham launches first permanent US store
Victoria Beckham has opened its first permanent US store in New York.
Primark launches new activewear sub-brand
Primark has launched a new sub-label, Primark Form, which builds upon its current activewear offering. It aims to challenge the perception that high performance and stylish activewear costs more.
Superdry cuts delivery costs after InPost locker switch
Superdry has cut UK B2C delivery costs by up to 19% after introducing InPost Lockers as a checkout option, with lockers now accounting for around 20 per cent of deliveries.
Lidl cuts EV charging tariff as it invests £10m in network
Lidl GB is cutting its rapid EV charging tariff to 59p/kWh for Lidl Plus customers as it invests £10m in expanding its charging network this financial year.
French fintech startup Outline raises $3 million for financial planning AI
French fintech startup Outline has raised $3 million to reinvent financial planning with AI.
SIX and Twint join Swiss bank stablecoin project
Swiss exchange SIX and mobile payment service Twint have joined a CHF stablecoin initiative promoted by six of the country's leading banks.
TSB shakes up executive team ahead of Santander integration
TSB is losing its chief information officer, chief risk officer, chief people officer and media communications lead as integration with Santander commences.
How Regulation Helped Lift Infrastructure and Interoperability to the Next Level
In this virtual interview, context is given to how regulatory compliance has evolved along with its perception, to provide you with insights into how to approach your own efforts.
Nectar partners with Ambassador Cruise Line
Multi-partner loyalty programme Nectar has teamed up with Ambassador Cruise Line to allow members to spend and collect points on cruise holidays. Nectar members will be able to earn 150,000 Nectar points (worth £750) on all available holidays on sale with the line.