ScottishNews.com

Digital

UK signs first-ever global treaty on AI

Published 7 months ago

The UK has signed the first-ever international legally binding treaty aimed at ensuring that the use of AI systems is fully consistent with human rights, democracy and the rule of law.

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STV posts £10.6m operating profit during first half

Published 7 months ago

STV Group has announced a strong financial performance for the first half of 2024, with total revenue up 20% to £90.4 million and adjusted operating profit up 33% to £10.6m.

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Edinburgh tech firm acquired by Hybrid Anchor

Published 8 months ago

Web and software development specialist Hybrid Anchor has acquired Edinburgh-based tech support firm Off Canvas in a deal which is expected to create 40 jobs in the next three years.

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Quantuma administrators complete sale of Scots wellbeing streaming service Ashia

Published 8 months ago

Joint administrators Craig Morrison and Brian Milne, managing directors of business advisory firm Quantuma, have facilitated the sale of a streaming service developed by Glasgow-based Frog Systems, for an undisclosed sum.

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SNIB invests £10m in Highland Broadband network to tackle digital inequality

Published 8 months ago

The Scottish National Investment Bank (SNIB) has invested a further £10 million in Highland Broadband.

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Lloyds and Nationwide back Edinburgh fintech’s £11m funding round for AI innovation in finance

Published 9 months ago

Edinburgh-based AI fintech firm Aveni.ai has secured £11 million in Series A funding.

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Clarity needed on UK government’s digital verification proposals

Published 9 months ago

The UK government’s plans for digital verification are unclear as they stand, according to a data protection expert at Thorntons LLP.

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Instagram for the skies secures six-figure investment

Published 9 months ago

Harper Macleod has advised an Ayrshire entrepreneur on a six-figure investment in his astrophotography platform.

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Scotland’s largest animation studio Axis falls into administration

Published 9 months ago

Scottish animation and visual effects firm Axis Studios has entered administration.

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Reactec sees record growth in sales and international interest

Published 9 months ago

Edinburgh-based risk prevention specialist Reactec has announced its busiest year on record – with a 40.9% increase in annual turnover to £5.58 million.

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Recast raises $5 million to innovate digital content monetisation

Published 9 months ago

Edinburgh-based fintech-for-media platform Recast has closed a $5 million (£3.9m) funding round.

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PR agency Muckle Media acquires Spey

Published 9 months ago

Scottish PR agency Muckle Media has acquired 100 per cent of Spey’s shares, making it a fully owned subsidiary.

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Cybercrime soars by 120% in four years

Published 10 months ago

Crimes recorded by the police in Scotland increased by four per cent between 2022-23 and 2023-24 new figures from the chief statistician show.

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Six fintechs shortlisted for £45,000 later life planning prize

Published 10 months ago

Six fintech companies have been shortlisted in the final round of the Smart Data Foundry and FinTech Scotland UK Fintech Challenge, each receiving £5,000 with the chance to win a further £45,000.

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Edinburgh ai startup Wordsmith raises $5 million to automate legal tasks

Published 10 months ago

Edinburgh-based AI legal assistant platform Wordsmith has received $5 million (around £3.94m) in seed funding.

Read on www.scottishfinancialnews.com →