Meta to cut 8,000 jobs as AI spending soars April 24, 2026 Meta Platforms is set to cut around 8,000 jobs next month as it ramps up spending on AI, in what marks one of the company’s largest rounds of layoffs in recent years. The move, as first reported by Bloomberg, will see roughly 10 per cent of Meta’s workforce cut, alongside plans to leave thousands of [...]
RELX: FTSE 100 group says AI tools power strong start to 2026 April 23, 2026 RELX has told markets on it started 2026 strongly, with growth across all parts of the business supported by demand for AI-enabled data and analytics products. In a trading update released ahead of its annual general meeting, the FTSE 100 group said it is seeing continued growth in both revenue and profit, alongside strong new [...]
The AI cracks are starting to show at law firms April 23, 2026 Law firms have poured vast sums into AI in a race to modernise, but ‘hallucinations‘ and security concerns are exposing the technology’s risks, writes Maria Ward-Brennan. There has been intense pressure on legal, advisory, and consultancy firms to invest in, embed, and deploy AI over the last couple of years, but this pressure is now [...]
Carolyn Dawson: If you’re the smartest person in the room, get out April 23, 2026 Founders Forum CEO Carolyn Dawson takes us through her career in tech, from her most embarrassing interview to her best job advice.
Should you build an AI clone of your CEO? No! April 22, 2026 As Meta launches an AI avatar of Mark Zuckerberg, Paul Armstrong writes why cloning your boss means cloning mistakes.
Elite law firm apologises for AI ‘hallucinations’ in bankruptcy case April 22, 2026 An elite US law firm has had to apologise to a judge after its restructuring team made a filing in a high-profile case that contained multiple AI generated ‘hallucinations’. The head of Sullivan & Cromwell’s restructuring practice, Andrew Dietderich, apologised in a letter to the New York federal judge for mistakes that included misquoting the [...]
Antler bets on the UK’s next generation of founders with its London-based residency April 21, 2026 Antler’s latest London residency opened this week with 80 founders in a single room, selected from roughly 10,000 applicants, each receiving a £500,000 commitment to build a company from scratch over eight weeks. Fewer than one in a hundred applicants make it through the selection process, which the early-stage investor weights heavily towards individual character, [...]
Barclays and Lloyds picked for City watchdog’s AI live testing April 21, 2026 Barclays has joined the second cohort of firms selected by the UK’s financial watchdog to get a safe run at testing AI as banking giants battle to bulk up their tech capacity. The FTSE 100 constituent will join its peer Lloyds Banking Group – which will be represented by its subsidiary Scottish Widows – as [...]
Trojan tools: AI is professional services’ newest cyber liability April 21, 2026 As the UK government ramps up pressure on businesses to strengthen their cyber defences over Anthropic’s Mythos, professional services firms are already feeling increasingly anxious about cybersecurity. In the last month, a hacker gained access to one of Bain & Co’s internal AI tools, which followed another attack that exposed cybersecurity flaws in a system [...]
Clio founder: We may not have the hype of Jude Law, but our data beats any AI rival April 21, 2026 Legal tech Clio’s boss tells senior reporter Maria Ward-Brennan that, with rivals closing in, the firm is betting that proprietary data, not hype, will determine its competitive edge in the AI race.In a competitive landscape, Clio founder and CEO Jack Newton believes his legal tech firm is in a “great position” in the marketplace, because [...]