All articles by Swagath Bandhakavi
Swagath Bandhakavi
UK regulators to boost open banking with independent VRP operator
The FCA and PSR aim to launch an independent operator, led by Open Banking Limited, to streamline recurring payments across utilities, government, and financial services.
CMA opens parallel investigations into Apple and Google’s mobile ecosystems
The investigations will examine operating systems, app stores, and browsers to assess whether Apple and Google hold strategic market status and affect competition, innovation, and consumer choice.
Agentic AI identified as core to IT operations by 53% of CIOs and CTOs
According to PagerDuty’s survey, 88% of respondents consider the technology either central or complementary to their IT operations over the next one to two years.
65% of energy professionals rank cybersecurity as industry’s greatest risk
DNV Cyber’s survey found that the number of organisations facing heightened OT cyber risks has surged, rising from 64% in 2023 to 71% in 2024.
South Korea’s SK hynix expects AI chip sales to more than double in 2025
The semiconductor supplier reported 2024 revenues of $46.1bn, driven by strong AI memory chip sales.
LinkedIn faces class-action lawsuit in US over AI data sharing practices
The lawsuit alleges that LinkedIn secretly shared private InMail messages from Premium subscribers with third parties to train AI models.
Cloudflare blocks 21.3 million DDoS attacks in 2024, reports record 53% surge
The connectivity cloud company’s 20th DDoS Threat Report reveals an average mitigation rate of 4,870 attacks per hour, alongside a sharp rise in hyper-volumetric attacks.
IT spending to hit $5.6 trillion in 2025, driven by software and AI
This represents a 9.8% increase on 2024 spending levels, according to the forecast from Gartner.
Over half of CEOs report efficiency gains from generative AI, study reveals
PwC’s 28th Annual Global CEO Survey shows that 56% of CEOs saw improved workforce efficiency from GenAI.
UK government outlines AI and technology plan to revamp public services
At the core of the initiative is “Humphrey,” a collection of AI tools designed to enhance efficiency, reduce costs, and optimise civil service operations.