ScottishNews.com

Digital

UK signs first-ever global treaty on AI

Published 2 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 2 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 2 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 2 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 3 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 3 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 4 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 4 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 4 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 4 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 4 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 4 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 4 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 4 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 5 months ago

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

Read on www.scottishfinancialnews.com →