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Expanding to the UK

Andreessen Horowitz

Over the last year it has become clear that blockchains and the software movement around them — usually called crypto or web3 — can only succeed with a clear regulatory regime that provides an open pathway for startups while also … The post Expanding to the UK appeared first on Andreessen Horowitz.

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UK data regulator issues warning over generative AI data protection concerns

IT World

The UK's Information Commission’s Office reminds organizations that data protection laws still apply to unfiltered data used to train large language models.

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Apple launches Tap to Pay on iPhone for UK business

IT World

Apple’s Tap to Pay service for the iPhone has finally arrived in the UK, allowing smaller UK merchants and other enterprises to replace traditional payment terminals at the point of sale. In a surprise announcement, the company extended the service to UK businesses on July 13.

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UK regulators block Microsoft’s acquisition of Activision Blizzard

IT World

The UK’s Competition Markets Authority (CMA) has blocked Microsoft from purchasing the gaming studio Activision Blizzard over concerns the deal could “alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice for UK gamers over the years to come.”

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Apple warns that UK's Online Safety Bill puts people at 'greater risk'

IT World

Apple has raised its voice against a UK law that will dramatically undermine secure commerce and trust online, warning it could put UK citizens at risk. The current UK government’s Online Safety Bill includes the power to force encrypted messaging tools such as WhatsApp, Signal, and iMessage to scan messages.

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UK regulator refers cloud infrastructure market for investigation

IT World

UK communications regulator Ofcom has published an interim report that proposes the cloud infrastructure market be referred to the UK’s Competition and Markets Authority (CMA) due to concerns around a decline in competition.

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Following US moves, UK looks to regulate crypto, create government token

IT World

Following efforts by the US and others to address cryptocurrency standards, UK officials this week said they want Britain to lead the world and create their own government-backed digital token for international trade. “We He also asserted the UK is the leading European financial technology (Fintech) hub, “second only to the US worldwide.”