See all the links and our weekly headline roundup here.
- Google’s Updated Privacy Policy Allows Data Scraping for AI: Google’s revised privacy policy states the company’s right to scrape user-generated content online to build AI tools. Read More
- OpenAI’s Code Interpreter Poised to Revolutionize Finance: OpenAI’s Code Interpreter has the potential to transform knowledge work in finance by facilitating data-driven analysis. Read More
- New Method Enables Image Reconstruction from Brain Activity: A novel diffusion model (DM) can reconstruct high-resolution images from human brain activity obtained through fMRI scans without complex deep generative models. Read More
- Water Companies Plan Bill Increases, Says Regulator: Water companies are considering raising bills from 2025 to fund service improvements, according to Ofwat. Read More
- Energy Firms Warned Against Paying Dividends: Ofgem cautions energy suppliers against paying dividends until they meet financial stability requirements to prevent company collapses. Read More
- NatWest, Lloyds, Barclays, and HSBC to Face Questions Over Low Savings Rates: Regulators question the bosses of major UK banks regarding concerns over low interest rates on savings. Read More
- Mastercard’s AI Tool Assists UK Banks in Combating Payment Scams: Mastercard introduces ‘Consumer Fraud Risk’ technology to identify and prevent real-time payment scams before funds leave victims’ accounts. Read More
- 12.8 Million People Struggle to Pay Bills: Approximately 12.8 million individuals in the UK face difficulties in paying their bills. Read More
- Centrica CEO Foresees Prolonged High Energy Bills: The CEO of Centrica warns that energy bills will remain high for the foreseeable future. Read More
- UK House Prices Rise Unexpectedly in June, but Annual Rate Falls: UK house prices exhibit a slight increase in June, although the annual rate experiences the sharpest decline since 2009 due to rising mortgage costs. Read More
- More Than Half of UK Broadband Customers Face Connection Problems: Over 50% of UK broadband customers encounter issues with their internet connections, with telecoms providers facing criticism for inflation-busting price rises. Read More
- Stubborn UK Inflation May Lead to 7% Interest Rates: Economists suggest that the Bank of England might need to raise interest rates as high as 7% to combat persistent inflationary pressures, risking a potential recession. Read More
- Authors File Lawsuit Against OpenAI for Unauthorized Use of Books: Authors file a lawsuit accusing OpenAI of unlawfully utilizing their works to train ChatGPT, seeking monetary damages for alleged copyright infringement. Read More
- JWST Captures Stunning Image of Saturn’s Glowing Rings: The James Webb Space Telescope (JWST) captures a remarkable image of Saturn, providing insights into its smaller structures and objects. Read More
- UK Banks and Fintechs Urged to Embrace Open Banking’s Potential: NatWest calls for a transformative shift in banks and fintechs’ approach to Open Banking to unlock its untapped potential beyond regulatory requirements. Read More
- UK Broadband Customers Express Dissatisfaction with Connection Quality: UK broadband customers express frustration with connection problems, attributing them to telecoms providers’ actions. Read More
- Regulator Warns Energy Firms Regarding Finances: Ofgem reminds energy suppliers to act responsibly, protect consumers, and avoid financial instability as market conditions change. Read More
- Intrum Exits the Baltics and Romania: Intrum announces its exit from the Baltic and Romanian markets. Read More
- Chatbots Amplify Social Media’s Influence: Chatbots, akin to social media on steroids, entangle users in a more complex web, enabling permissionless innovation but posing challenges. Read More
- UK’s Broadband Connection Issues Impact Customers: A report reveals that over half of UK broadband customers face connection problems, leading to dissatisfaction and criticisms of telecoms providers. Read More
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