Adobe on Thursday launched the latest iteration of its Firefly family of image generation AI models, a model for generating vectors, and a redesigned web app that houses all its AI models, plus some from its competitors. There’s also a mobile app for Firefly in the works. The new Firefly Image Model 4, Adobe says, […]
Adobe releases new Firefly image generation models and a redesigned Firefly web app Read More »
For years, websites included information about what kind of crawlers were not allowed on their site with a robots.txt file. Adobe, which wants to create a similar standard for images, has added a tool to content credentials with an intention to give them a bit more control over what is used to train AI models.
Adobe wants to create a robots.txt styled indicator for images used in AI training Read More »
US Treasury Secretary Scott Bessent has launched a scathing attack on the International Monetary Fund (IMF), accusing the institution of turning a blind eye to China’s export-led economic dominance and neglecting its core responsibilities in favour of climate and social policy work. In a high-profile speech at the Institute of International Finance in Washington, Bessent
Bank of England governor Andrew Bailey has acknowledged that the United States “has a point” in criticising global trade imbalances, lending support to concerns raised by the Trump administration as the UK grapples with the economic fallout of rising tariffs and geopolitical uncertainty. Speaking at an event hosted by the Institute of International Finance in
Inheritance tax (IHT) receipts have hit a record high of £8.2 billion in the 2024-25 tax year, as rising asset values and long-frozen thresholds continue to draw more families into the tax net—even before major upcoming changes that will extend liability to pensions and farmland. New figures from HM Revenue & Customs show a significant
Inheritance tax hits record £8.2bn as frozen thresholds drag more families into net Read More »
Chancellor Rachel Reeves has pledged to review a controversial tax loophole that allows low-value goods from Chinese e-commerce giants such as Shein and Temu to enter the UK without paying customs duties—a move aimed at protecting British retailers from unfair competition and goods being “dumped” on the high street. The scheme, known as the “de
Rachel Reeves to review import tax loophole in crackdown on cheap Chinese goods Read More »
Chancellor Rachel Reeves has ruled out any lowering of UK import standards on food and vehicles, including chlorinated chicken, hormone-treated beef and US-made trucks, as trade talks with the Trump administration enter a critical phase. Speaking ahead of her first official meeting with US economic officials in Washington this week, Reeves made it clear that
Rachel Reeves rules out chlorinated chicken ahead of key US trade talks Read More »
UK luxury brands have been hit with fresh disruption after DHL temporarily suspended shipments worth more than $800 to the United States, as a result of escalating trade restrictions imposed by the Trump administration. The logistics giant halted its business-to-consumer deliveries to the US on Monday, citing a spike in paperwork and customs complexity caused
US tariff war disrupts UK luxury exports as DHL halts shipments over $800 Read More »
According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he died without leaving instructions for an estate that’s estimated to be worth $1.2 billion. Among other things, the document, signed in 2015 and included in a recent court filing, contains
Mystery will may reveal Zappos founder’s final wishes Read More »
Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent
IBM affected by DOGE cuts, downplays impact during Q1 earnings call Read More »
