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1 week ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
Despite a rocky start to the year for the tech sector, marked by geopolitical tensions shaking up global markets, the industry will continue to grow, though at a shifted pace. Artificial intelligence remains one of the biggest drivers behind that growth, and the market is set to reach a historic milestone in the following years. According to data presented by Stocklytics.com, artificial intelligence is expected to become a trillion-dollar industry by 2031.
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3 weeks ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
New research from Pluralsight reveals majority of tech workers exaggerate their AI knowledge, and some hide their use of the technology as fears remain about being replaced Businesses are keen to embrace AI, but tech teams may not be ready to work with the technology – according to new research from technology upskilling platform Pluralsight.
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3 weeks ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
In 2024, people worldwide bought around 260 million new smartphones. While still a huge number, this is the second-lowest annual increase in a decade and a fivefold drop from the 2017 peak. But despite this slowdown, smartphones continue to grow at an astonishing pace, far outpacing global population growth. According to data from Stocklytics.com, the number of smartphones in use has surged by 1.5 billion over the past five years, four times more than the increase in global population.
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4 weeks ago | 
londonlovestech.com | Jurgita Lapienyte |Forbes McKenzie |Artem N. Sokolov
Although Samsung has been the world’s largest smartphone producer for the past fifteen years, the shipment gap between the South Korean giant and its biggest rival, Apple, has decreased significantly. While Apple`s quarterly shipments grow, Samsung`s are plunging, and the ten-year difference is quite shocking. According to data presented by Stocklytics.com, Samsung now ships 36 million fewer smartphones per quarter than it did ten years ago.
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4 weeks ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
Global spending on esports sponsorships and advertising has skyrocketed over the years, rising from $340 million in 2017 to around $980 million last year. Despite the annual growth slowing in the past five years, the market is still set to reach a historic milestone in 2025. According to data presented by Betideas.com annual spending on esports sponsorships and advertising is projected to surpass the $1 billion mark this year.
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4 weeks ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
UK Chancellor Rachel Reeves has invested £3.25 billion into public service reforms, placing technology and AI at the centre of the government’s strategy to drive economic growth, boost public sector efficiency, and maintain the country’s global competitiveness. This funding will drive down the cost of running the public sector through the use of AI by enhancing productivity and streamlining operations.
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1 month ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
While all eyes are on the UK government’s backdoor demands, our latest Cybernews research exposes an even bigger risk – iOS apps are leaking sensitive data at scale, and Apple isn’t stopping it. Last week, the Cybernews research team revealed that 71% of 156,000 iOS apps are leaking hardcoded secrets – a serious security flaw with major implications for businesses and consumers.
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1 month ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
Two thirds of recruitment leaders noted hiring candidates with AI skills is more challenging than recruiting for other tech roles, with virtually all respondents saying finding candidates with both the soft and technical skills to thrive in tech is significantly more challenging. The findings come from General Assembly’s State of Tech Talent report, revealing 68 per cent of enterprises have to offer higher salaries to candidates with AI skills, an increase from 64 per cent reported last year.
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1 month ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
Ranging from artificial intelligence and virtual reality to food delivery apps and mobile games, these tech billionaires have made their money in a variety of ways. Techreport.com has compiled a list of the world’s youngest tech billionaires by age and explained how they made their fortune. Alexandr Wang Age: 28 Net Worth: $2bn Alexandr Wang is the founder and CEO of Scale AI, a company that provides data annotation platforms for machine learning models.
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1 month ago | 
londonlovestech.com | Forbes McKenzie |Artem N. Sokolov |Simon Jones
Finbold research found that during the first quarter of 2025, as many as 48% of the 23 startups that attained unicorn status – exceeded $1 billion in valuation – were involved with the artificial intelligence (AI) sector. Furthermore, 70% of these AI unicorns are concentrated in the top ten biggest startups, as seven out of eleven fall within the range between $1.6 billion and $2.8 billion.
