Britain could incentivize tech companies to remove extremist content from online platforms

Google’s YouTube has made rapid gains in machine learning technology and said, 83% of violent extremist content is removed without the need for human intervention. Britain may impose new taxes on tech giants, including Facebook, Apple and Google, as it finds way to mitigate the threat of online extremism by taking down material aimed at…

Britain to reintroduce Blue and Gold passport with enhanced security features

The color combination had been identified as a key symbol of national sovereignty. On Friday, the British government said once the country leaves the European Union in March 2019, it will reintroduce its classic blue and gold passport, a key symbol of national sovereignty. As per Brandon Lewis, Britain’s immigration minister, the move is likely…

Britain-based Aveva Group merges with France based Schneider Electric’s software business

The two previous attempts at a mergers were unsuccessful due to its sheer complexity. This time with Schneider Electric separating its software business ahead of the merger proved instrumental in signing the deal. On Tuesday, Britain-based Aveva Group disclosed that it has agreed to be acquired by France-based Schneider Electric’s software business and in the…

Britain tries to maintain its financial edge by promoting growth of fintech companies

Britain is likely to see an increase in the number of Payment Service Providers in 2018. In a move designed to boost the growth of fintech companies, Britain’s central bank, the Bank of England has widened access to Britain’s interbank payments system to new fintech firms, an area that was previously dominated by the “Big…

Britain’s Labour Party closes in on May’s lead: Opinion Polls

The Labour Party aims to secure Britain’s access to EU’s lucrative single bloc market. With Jeremy Corbyn’s Labour Party shortening the lead that British Prime Minister Theresa May had when she plunged country into elections, May has urged voters to back her if they want Britain to exit the EU. Last week, having announced her…

Britain ready to spend $64 million to boost its cyber security defences

Hospitals across the country were forced to turn away patients due to the cyberattacks. Britain’s defence minister Michael Fallon has disclosed that the country is spending $64 million (50 million pounds) on improving the security of the National Health Service’s computer systems while warning that the institutions faced cyber threats. During an interview on BBC’s…