Digital Economy stories - Page 7

Cloudflare warns 2025 brings surging AI traffic, record DDoS attacks and escalating Internet 'bot wars' as civil groups face rising threats.

CFOs seize direct control of cloud and AI bills as start-ups see infrastructure swallow up to 40% of revenue and squeeze margins.

Canada and the UK have struck a new digital pact to deepen cooperation on AI safety, quantum communications and public-sector tech.

Cybersecurity teams face digital border taxes, AI-first clouds, agentic AI threats and the end of VPNs as 2026 reshapes digital risk.

Scotland's tech sector, worth GBP £6.87 billion and employing 100,000, faces ongoing skills shortages despite strong growth and optimism for 2025.

Hulme Grammar School hosts a 12-hour hackathon uniting 100 pupils to tackle local challenges and help close the UK's GBP £27.6bn digital skills gap.

The Chancellor's Autumn Budget faces criticism over vague AI plans, insufficient cyber focus, unclear police tech funding, and gaps in SME support.

TerraPay launches Xend, a global payments network linking wallets, banks and cards for seamless cross-border transactions with Swift integration.

Gen Z expects a digital economy that moves as fast and fluidly as their online lives, demanding real-time, seamless monetary interactions and value exchange.

With the UK's PSTN network ending in 2027, over 5.5 million SMEs must urgently switch to digital communications to avoid disruption and boost resilience.

Babeltext enables Shopify merchants to communicate in 195 languages via AI-powered messaging, easing global sales and boosting customer confidence.

New underground data centres paired with agrovoltaic farms and solar cooling offer a sustainable model supporting agriculture, food security and climate goals.

CIOs are evolving from tech reporters to changemakers, driving innovation and embedding IT as a core element of business strategy and growth.

Neos Networks has completed its first fibre installation along the Great Western Main Line, boosting the UK's digital infrastructure as part of Project Reach.

Wales Tech Week returns to ICC Wales this November, spotlighting the nation's tech innovation, global talent, and ambitions for a resilient digital economy.

British firm TMT ID secures GBP £30m from BGF to expand real-time age verification and fraud prevention globally, focusing on the US market.

AI-powered payment systems now approve credit and detect fraud in milliseconds, revolutionising the speed and security of financial transactions.

UK tech consultancies waste GBP £3.06 billion annually on idle IT skills despite widespread talent shortages affecting 81% of businesses.

UK consultancies lose over GBP £3bn annually as thousands of IT experts remain idle despite widespread digital skills shortages, says BenchBee analysis.

AI is reshaping the job market, creating new roles and skills while shifting human labour towards innovation and human-AI collaboration across industries.