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Government shelves £1.3bn UK tech and AI plans

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The new Labour government has shelved £1.3bn of funding promised by the Conservatives for tech and Artificial Intelligence (AI) projects, the BBC has learned.It...
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Intel axes 15,000 jobs after sales tumble

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Getty ImagesUS chip-maker Intel has said it plans to cut more than 15,000 jobs as it seeks to revive the business and catch up...
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Mike Lynch: I only got justice because I’m rich

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Getty ImagesThe British businessman Mike Lynch, who this June was acquitted in the US of a multi-billion pound fraud, has said he believes he...
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Starring Asos, Tesco, Asda, and Walmart: the biggest retail technology news stores from July — Retail Technology Innovation Hub

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8. UK’s biggest grocer Tesco partners with Marketplacer to launch its new online marketplaceMarketplacer has partnered with Tesco to launch its new...
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Ride-hailing giant Uber strikes EV deal with China Tesla rival BYD

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Uber has announced a deal which aims to bring 100,000 electric vehicles (EVs) made by China's BYD to the ride-hailing giant's global fleet of...
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CrowdStrike: Tech firm sued by shareholders over IT global outage

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ReutersCrowdStrike is being sued by its shareholders after a faulty software update by the cybersecurity firm crashed more than eight million computers and caused...
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Can tech help solve the Los Angeles homeless crisis?

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LOS ANGELES -- LOS ANGELES (AP) — Billions of dollars have been spent on efforts to get homeless people off the streets in California,...
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Starring Tesco, Ikea, and Sam’s Club: the biggest retail technology news stories of the week — Retail Technology Innovation Hub

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It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems...
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Global shares tumble after a wipeout on Wall Street as Big Tech retreats

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NEW YORK -- Wall Street’s split widened Thursday, as smaller stocks and other formerly downtrodden areas of the market rose up while superstar...
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Technology shares drop in US and Asia as AI stocks slide

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Financial markets in the US and Asia have fallen sharply as investors sell off shares in technology companies, with artificial intelligence (AI) stocks hit...
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Why does AI pose a huge energy supply problem?

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Technology revolution comes with gargantuan power and cooling needs.Artificial intelligence is driving a technological revolution. But feeding it requires more electricity to run its powerful...
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CrowdStrike backlash over $10 apology voucher for IT chaos

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Getty ImagesCrowdStrike is facing fresh backlash after giving staff and firms they work with a $10 UberEats voucher to say sorry for a global...
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