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Britain’s CMA sets roadmap for Big Tech regulation

Britain’s Competition and Markets Authority (CMA) has announced its focus will be on interventions that directly affect UK consumers and businesses. The regulator will release a ‘roadmap’ to guide Big Tech companies, clarifying which issues it plans to prioritise and which it may deprioritise. The roadmap will also outline potential future interventions if companies are designated as having strategic market status, including tech giants like Google and Apple.

CEO Sarah Cardell emphasised that the CMA would act with a ‘more nuanced approach’ to promote competition while fostering business growth. With new powers to investigate firms with significant turnover in the UK, the CMA will continue its work to ensure fairness and transparency in the digital markets. The first roadmaps for investigations into search engines and mobile platforms are set to be released in June and July 2025.

The CMA’s strategy aligns with a pro-business direction, as the UK government aims to boost investor confidence while maintaining competitive markets. This initiative follows the appointment of Doug Gurr, former head of Amazon UK, as interim chair, signaling the government’s commitment to balancing regulation with economic growth.

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Poland pushes ahead with tech tax despite US criticism

Poland’s deputy prime minister reaffirmed plans to introduce a new tax on big tech firms despite warnings from the incoming US ambassador, intensifying tensions between Warsaw and Washington. Deputy Prime Minister Krzysztof Gawkowski dismissed Ambassador Thomas Rose’s remarks as interference, calling it ‘sick’ for another country to dictate Poland’s legislation.

The dispute adds to growing friction between the two allies, fueled by a recent online clash involving US Secretary of State Marco Rubio, Elon Musk, and Polish Foreign Minister Radoslaw Sikorski over Poland’s funding of Ukraine’s Starlink services. Polish Prime Minister Donald Tusk also weighed in, cautioning against ‘arrogance’ from Poland’s allies.

While Gawkowski has not provided specifics on the proposed tax, he suggested it would target the profits of major tech companies operating in Poland and support local tech development. However, some within Poland’s coalition government question the timing, warning of potential trade consequences. Meanwhile, the nationalist opposition party Law and Justice (PiS) argues that the move risks straining relations with Washington.

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Chinese investors turn to AI for stock market edge

Chinese retail investors are rapidly embracing AI tools like DeepSeek to navigate the stock market, marking a striking shift from last year’s government crackdown on computer-driven quantitative trading.

Online courses and packed training rooms reflect a growing eagerness among small-time traders to use AI-powered models, with many seeing them as essential in the digital age.

DeepSeek, developed by a hedge fund in Hangzhou, has not only boosted Chinese stocks but also reshaped perceptions of the country’s $700 billion hedge fund industry.

Despite the initial backlash against quant funds, which were previously blamed for market volatility, investors are now paying thousands of yuan to attend AI trading seminars.

Social media is flooded with courses teaching traders how to use DeepSeek to analyse companies, pick stocks, and even code their own trading strategies.

While major US funds like BlackRock and Renaissance Technologies have long used AI for investments, DeepSeek’s open-source model makes these tools accessible to China’s smaller asset managers and individual traders.

Financial institutions are also adapting to the AI-driven shift. Brokers are rushing to integrate AI models into their platforms, with industry leaders predicting a complete transformation in how Chinese investors make decisions.

Many now seek trading advice from DeepSeek instead of human wealth managers, reflecting a deep trust in the technology. However, experts warn that AI models still have limitations and could create market risks, especially if large numbers of traders act on the same signals.

While some remain cautious about AI’s role in investing, DeepSeek has undeniably changed public attitudes towards quant fund managers.

Many now view them as contributors to market efficiency rather than as culprits behind retail losses. As China’s stock market continues to evolve, AI looks set to play an increasingly dominant role in shaping investor behaviour.

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Meta has developed an AI chip to cut reliance on Nvidia, Reuters reports

Meta, the owner of Facebook, Instagram, and WhatsApp, is testing its first in-house chip designed for training AI systems, sources told Reuters.

The social media giant has started a limited rollout of the chip, planning to scale up production if testing delivers positive results. The move represents a crucial step in Meta’s strategy to lessen dependence on external suppliers like Nvidia and lower substantial infrastructure costs.

The company has projected expenses between $114 billion and $119 billion for 2025, with up to $65 billion dedicated to AI infrastructure.

The chip, part of Meta’s Meta Training and Inference Accelerator (MTIA) series, is a dedicated AI accelerator, meaning it is specifically designed for AI tasks rather than general processing. This could make it more power-efficient than traditional GPUs.

Meta is collaborating with Taiwan-based chip manufacturer TSMC to produce the new hardware. The test phase follows Meta’s first ‘tape-out’ of the chip, a crucial milestone in silicon development where an initial design is sent to a chip factory.

However, this process is costly and time-consuming, with no guarantee of success, and any failure would require repeating the tape-out step.

Meta has previously faced setbacks in its custom chip development, including scrapping an earlier version of an inference chip after poor test results. However, the company has since used another MTIA chip for AI-powered recommendations on Facebook and Instagram.

The new training chip aims to first enhance recommendation systems before expanding to generative AI applications like the chatbot Meta AI.

Meta executives hope to implement their own chips for AI training by 2026, although the company continues to be one of Nvidia’s biggest customers, investing heavily in GPUs for its AI operations.

The development comes as AI researchers increasingly question whether scaling up large language models by adding more computing power will continue to drive progress. The recent emergence of more efficient AI models, such as those from Chinese startup DeepSeek, has intensified these debates.

While Nvidia remains a dominant force in AI hardware, fluctuating investor confidence and broader market concerns have caused turbulence in the company’s stock value.

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Tusk warns against arrogance after US-Poland social media clash

Poland’s Prime Minister, Donald Tusk, has urged allies to show respect and avoid arrogance in a recent post on X, following a heated social media exchange between Polish and US officials. The remarks came after a disagreement over the role of Starlink satellites in Ukraine’s war effort. Radosław Sikorski, Poland‘s foreign minister, had suggested Ukraine may need an alternative to Starlink if its reliability becomes an issue. Poland funds the satellite service for Ukraine, which is crucial for military communications.

The dispute escalated when Marco Rubio, the US Secretary of State, accused Sikorski of being ungrateful, stating that ‘no one has made any threats about cutting Ukraine off from Starlink.’ Rubio emphasised the importance of Starlink in Ukraine’s success, saying the war could have been lost without it. Sikorski responded by thanking Rubio for reaffirming the collaboration between the US and Poland in providing the service.

The controversy deepened when Elon Musk, the founder of SpaceX, which operates Starlink, labelled Sikorski a “small man” and told him to ‘be quiet’ after the suggestion that Poland may seek alternatives. Musk reiterated his commitment to keeping Starlink operational in Ukraine, despite political disagreements, and denied using the service as a bargaining chip.

The ongoing debate highlights growing tensions surrounding the role of private companies in international conflict and the geopolitical importance of satellite technology. Meanwhile, the Franco-British operator Eutelsat saw a surge in stock prices, as speculation grows that it could potentially replace Starlink in providing services to Ukraine.

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Gender imbalance in EU’s tech industry

A new report has revealed significant gender imbalances across the EU’s tech ecosystem, from education to executive positions. The GENDEX index, funded by the European Innovation Council, found that women remain underrepresented in STEM fields, with only 42% of graduates in 2022 being women.

The imbalance is particularly evident in the information and communication technology (ICT) sector, where just 24% of graduates are women.

However, this discrepancy leads to fewer women founders in deep tech startups, with only one in five European tech companies being led by women over the past decade.

Women’s representation in academia is also limited, comprising just 31% of researchers and scientists in deep tech. Furthermore, only 24% of patent applications are submitted by women.

The report suggests that a narrowing funnel of opportunities negatively impacts the entire tech sector, as talented women are lost along the way. Men continue to dominate leadership positions, with women holding only about 30% of roles in European companies.

The gender gap is most evident at the board level, particularly in male-founded companies.

The study also highlighted the challenges female entrepreneurs face in securing funding. Female-led teams receive just 1% of venture capital funding, and when they do secure investments, they often face less favourable terms and longer waits compared to male-led teams.

The report recommends that investors require gender diversity reporting before providing funding and prioritise women-led companies to address these disparities.

Additionally, experts argue that structural changes are necessary to create a more balanced and effective tech ecosystem, pointing out that gender diversity can lead to better results for companies and the industry as a whole.

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New York MTA partners with Google to detect track problems

The Metropolitan Transportation Authority (MTA) in New York City has partnered with Google Public Sector on a pilot program designed to detect track defects before they cause significant disruptions. Using Google Pixel smartphones retrofitted onto subway cars, the system captured millions of sensor readings, GPS locations, and hours of audio to identify potential problems. The project aimed to improve the efficiency of the MTA’s response to track issues, potentially saving time and money while reducing delays for passengers.

The AI-powered program, called TrackInspect, analyses the sounds and vibrations from the subway to pinpoint areas that could signal defects, such as loose rails or worn joints. Data collected during the pilot, which ran from September 2024 to January 2025, showed that the AI system successfully identified 92% of defect locations found by human inspectors. The system was trained using feedback from MTA inspectors, helping refine its ability to predict track issues.

While the pilot was considered a success, the future of the program remains uncertain due to financial concerns at the MTA. Despite this, the success of the project has sparked interest from other transit systems looking to adopt similar AI-driven technologies to improve infrastructure maintenance and reduce delays. The MTA is now exploring other technological partnerships to enhance its track monitoring and maintenance efforts.

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FIFA could create a FIFA token

FIFA President Gianni Infantino has suggested that the organisation may develop its cryptocurrency to engage with football fans worldwide. Speaking at President Trump’s White House Crypto Summit, Infantino shared FIFA’s interest in launching a digital token, emphasising its potential to connect with the sport’s five billion supporters.

While no official plans or timelines were revealed, the idea signals FIFA’s growing interest in blockchain technology as a tool for fan interaction and financial growth. Trump responded enthusiastically, joking that such a coin could one day be worth more than FIFA.

Following the announcement, a cryptocurrency unrelated to FIFA named ‘FIFA’ skyrocketed by 357,000% due to market confusion, briefly reaching a valuation of $8.2 million. Meanwhile, the summit introduced key crypto policies, including a US Strategic Bitcoin Reserve, indicating a shift in regulatory approach under Trump’s administration.

As FIFA prepares for the 2026 World Cup in North America, Infantino’s statement highlights the growing intersection of cryptocurrency and football, suggesting that digital assets could play a significant role in the sport’s future.

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Nagasaki University launches AI program for medical student training

Nagasaki University in southwestern Japan, in collaboration with a local systems development company, has unveiled a new AI program aimed at enhancing medical student training.

The innovative program allows students to practice interviews with virtual patients on a screen, addressing the growing difficulty of securing simulated patients for training, especially in regional areas facing population declines.

In a demonstration earlier this month, an AI-powered virtual patient exhibited symptoms such as fever and cough, responding appropriately to questions from a medical student.

Scheduled for introduction by March 2026, the technology will allow students to interact with virtual patients of different ages, genders, and symptoms, enhancing their learning experience.

The university plans to enhance the program with scoring and feedback functions to make the training more efficient and improve the quality of learning.

Shinya Kawashiri, an associate professor at the university’s School of Medicine, expressed hope that the system would lead to more effective study methods.

Toru Kobayashi, a professor at the university’s School of Information and Data Sciences, highlighted the program as a groundbreaking initiative in Japan’s medical education landscape.

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NHS looks into Medefer data flaw after security concerns

NHS is investigating allegations that a software flaw at private medical services company Medefer left patient data vulnerable to hacking.

The flaw, discovered in November, affected Medefer’s internal patient record system in the UK, which handles 1,500 NHS referrals monthly.

A software engineer who found the issue believes the vulnerability may have existed for six years, but Medefer denies this claim, stating no data has been compromised.

The engineer discovered that unprotected application programming interfaces (APIs) could have allowed outsiders to access sensitive patient information.

While Medefer has insisted that there is no evidence of any breach, they have commissioned an external security agency to review their systems. The agency confirmed that no breach was found, and the company asserts that the flaw was fixed within 48 hours of being discovered.

Cybersecurity experts have raised concerns about the potential risks posed by the flaw, emphasising that a proper investigation should have been conducted immediately.

Medefer reported the issue to the Information Commissioner’s Office (ICO) and the Care Quality Commission (CQC), both of which found no further action necessary. However, experts suggest that a more thorough response could have been beneficial given the sensitive nature of the data involved.

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