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1 month 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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1 month ago | 
londonlovestech.com | Simon Jones
After hitting record valuations last year, 2025 is proving to be a brutal reality check for the tech industry, stripping hundreds of billions from its most powerful moguls. The perfect storm of high interest rates, economic slowdown, stricter regulations on big tech and AI, and Trump’s tariff policies and global trade wars hit tech companies hard, causing shocking losses to billionaires who own them.
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1 month ago | 
londonlovestech.com | Simon Jones
After a two-year slowdown, cybersecurity funding is making a strong comeback. The amount of capital cybersecurity companies and startups raised in Q1 shows renewed investor confidence as cyber threats keep rising. According to data from Stocklytics.com, venture capital investments in cybersecurity soared to an impressive $7.7 billion in Q1, the highest quarterly figure in three years.
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1 month ago | 
londonlovestech.com | Simon Jones
Ever since billionaire Elon Musk bought it for $44 billion in October 2022, X, formerly Twitter, has been losing users and advertising revenue, and that hasn’t changed in 2025. Although the social media platform had plans to fuel growth through AI-powered ads and customer experience, the number of users and ad reach continued to fall. According to data presented by Stocklytics.com, X ad reach has dropped by a considerable 12% in a single year, reaching 586 million in January.
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2 months 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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2 months 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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2 months 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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2 months 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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2 months 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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2 months 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.
