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Uber Acquires Segments.ai to Grow Data Labeling Business
Uber has acquired Segments.ai, a multi-sensor labeling platform for robotics and autonomous driving, the two companies said Thursday (Oct. 2) in separate posts on LinkedIn. In its post, Ube...

The ROI Paradox: AI’s $3 Trillion Question
Generative AI is consuming money and attention at a pace no technology has matched before. Global infrastructure spending reached 235 billion dollars in 2024, with forecasts of 2.8 trillion dollars b...

Oracle Investigates Hacks of Customers’ Applications After Cybercriminals Demand Ransoms
Oracle is reportedly investigating hacks of some customers’ E-Business Suite applications after hackers who said they were affiliated with a ransomware group claimed to have breached the applicatio...

John Burford sentenced to 2 years in prison for £1 million investment fraud
John Burford has been sentenced to 2 years in prison in a £1 million investment fraud case, following a prosecution brought by the FCA. Mr Burford, who lives in Mansfield, defrauded over 100 investor...

Response to Government consultation on future of payment systems regulation
Responding to today’s launch of the consultation on future payment systems regulation, David Geale – FCA, Executive Director, Payments and Digital Finance and Payment Systems Regulator (PSR) Manag...

Over 270,000 motorists to receive £200m in motor insurance compensation after insurers improve their claims processes
Motor insurers have changed their settlement and compensation practices after the FCA found some insurers had short-changed customers on stolen or written off vehicle claims. It means that an estimate...

The confidence dividend: Tackling financial crime to strengthen markets
Speech by Therese Chambers, joint executive director of enforcement and market oversight, delivered at AFME’s European Compliance and Legal Conference 2025. Speaker: Therese Chambers, joint executiv...

Tax-free pension lump sums and cancellation rights
Our statement explaining how FCA rules on cancellation rights, to complement an HMRC statement about how tax legislation applies to tax-free pension lump sums. On 25 September 2025, HMRC published new...

NBCUniversal’s new YouTube TV deal covers YouTube, Peacock, and a new sports network
On Thursday afternoon, after agreeing to a short extension while they continued negotiations, NBCUniversal and Yo...

Will a Europe-US BTC reserve race actually happen?
Swedish opposition MPs from the Sweden Democrats filed a parliamentary motion on Oct. 2, urging the government to explore a national Bitcoin (BTC) reserve. The proposal is framed as diversification al...

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