The UK just proposed a midnight social media curfew for teens that they can bypass in seconds

The UK government has proposed a midnight curfew that would lock 16 and 17-year-olds out of apps like Instagram, TikTok, and YouTube, but the restriction can be switched off with just a few taps.

UK proposes a midnight social media curfew for older teens
UK proposes a midnight social media curfew for older teens

The UK government has proposed a midnight social media curfew for 16 and 17-year-olds, plus limits on infinite scrolling. The UK social media curfew would switch on by default, though teens could turn it off. The government set out the measures on Wedn…

Velocity raises $38M to move business money with stablecoins
Velocity raises $38M to move business money with stablecoins

London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds trea…

Britain’s flagship AI data centre can’t get the power to switch on
Britain’s flagship AI data centre can’t get the power to switch on

Britain wants to be an AI superpower. One of its flagship data centres cannot get the electricity to switch on. Nscale’s £2bn Essex site has the money, the planning permission, and a grid connection, but no power arriving in time. Nscale has the cash, …

Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it
Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it

Moneybox is Europe’s newest unicorn, worth £800m, or $1.1bn. But no fundraise set that price. Staff did, by selling shares on London’s untested new private market. Moneybox, the British savings and investing app, is now a unicorn. It has put a value of…

Valarian raised $50m to help governments use US cloud without losing control of it
Valarian raised $50m to help governments use US cloud without losing control of it

A London startup co-founded by a former Palantir executive has raised $50m to help governments and companies use American cloud and AI without letting America reach inside. The fear driving it stopped being hypothetical this year. Valarian, a London-ba…

The EU has stopped sanctioning Russian hackers and started sanctioning the machine that makes them
The EU has stopped sanctioning Russian hackers and started sanctioning the machine that makes them

The European Union and the United Kingdom have jointly sanctioned Russia’s cyber apparatus for the first time. The EU listed nine individuals and four entities, while the UK went further with 24, Politico reports. The language is what matters here. The…

Monzo founder Tom Blomfield joins Anthropic’s compute team
Monzo founder Tom Blomfield joins Anthropic’s compute team

Tom Blomfield built two of Britain’s best-known fintech companies. Now the Monzo founder is joining Anthropic, and his job is to help crack the AI industry’s hardest problem: compute. One of the biggest names in UK tech is heading to one of the most va…

Britain is spending £2bn to train its army inside an AI war simulation
Britain is spending £2bn to train its army inside an AI war simulation

Britain is spending £2bn to train its army inside a simulation. It has handed the job to an American defence giant, with a German one taking a slice. The UK has signed a £2bn ($2.7bn) contract to train its soldiers with artificial intelligence. The dea…

From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn
From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn

First the Royal Navy shoved a robot boat out of a transport plane at 1,300 feet. Then its maker became Europe’s newest defence unicorn. Kraken Technology Group, a British maker of uncrewed surface vessels, has raised $175m (€152.9m) in a Series B round…