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Oracle Announces Significant Job Cuts Amid Major AI Investments

Oracle has made significant job cuts amid major AI investments, affecting thousands of employees. The company emphasizes layoffs were not performance-based and highlights AI's role in enabling smaller teams to deliver more.

3 min read

Lloyds Bank IT Glitch Exposed Data of Nearly 450,000 Customers

Lloyds Banking Group revealed an IT glitch on 12 March exposed transaction data of nearly 450,000 customers, prompting regulatory scrutiny and customer distress.

3 min read

Rocket Stocks Surge as SpaceX Plans Historic Share Sale Filing

Shares of space companies surged after reports that Elon Musk's SpaceX may file to go public this week, potentially raising $75bn with a $1.75tn valuation, marking the largest IPO ever.

2 min read

Palantir Gains Deeper Access to UK Financial Data via FCA Contract

Palantir’s new FCA contract grants it access to vast UK financial data, enhancing AI-driven detection of financial crimes amid concerns over privacy and criminal countermeasures.

4 min read

JP Morgan Chase Uses Digital Tracking to Compare Junior Bankers’ Reported Hours

JP Morgan Chase pilots a program comparing junior bankers’ self-reported hours with digital activity logs to promote awareness and wellbeing amid industry challenges.

2 min read

Hargreaves Lansdown IT Issues Disrupt Client Transactions

Thousands of Hargreaves Lansdown clients face transaction issues due to technical problems. The company assures data security and promises updates on its status page.

2 min read

WTO Warns High Oil Prices May Slow AI Growth Amid Middle East Conflict

The WTO warns that prolonged high oil prices from the Middle East conflict could slow AI growth and impact global trade and food security in 2026.

3 min read

PwC US CEO Warns Partners Must Embrace AI or Face Replacement

PwC US CEO Paul Griggs warns partners must prioritize AI adoption or face replacement, as the firm shifts to AI-driven services and new pricing models.

3 min read

Reeves Pledges to Retain UK Tech Talent and Boost AI and Quantum Investment

Chancellor Rachel Reeves commits £2.5bn investment in quantum computing and AI to retain UK tech firms and boost growth amid economic challenges and geopolitical tensions.

4 min read

Lloyds, Bank of Scotland, Halifax Apps Expose Other Users' Transactions

Some Bank of Scotland, Lloyd's, and Halifax app users saw other customers' transactions. Lloyd's Banking Group apologized and resolved the issue quickly.

1 min read

Epic Games Raises Fortnite V-Bucks Prices to Offset Rising Costs

Epic Games is raising Fortnite's V-Bucks prices from 19 March due to increased costs, reducing bonus rewards but lowering battle pass prices. The move has sparked fan backlash amid broader gaming industry price hikes.

3 min read

Trump Sons’ Golf Firm Merges with Drone Maker Powerus to Go Public

Eric Trump and Donald Trump Jr’s golf club company is merging with drone maker Powerus to take it public, amid growing drone investments and ongoing Trump family business activities during the presidency.

3 min read