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Author: Scott Dylan
Scott Dylan, Founder of NexaTech Ventures, is an entrepreneur and investor, offering expert insights on AI, technology, and business transformation across global industries.
A roundtable discussion on AI safety was hosted by UKTN in partnership with Shoosmiths and KPMG in September 2024.Participants discussed the potential regulation of AI, focusing on whether the UK should emulate the EU’s AI Act.Concerns about understanding and categorising AI risks were a central theme.There was debate on whether a sectoral approach to regulation is beneficial or if a broader framework is needed.The effectiveness of the EU AI Act and its impacts on innovation and business were scrutinised.In September 2024, UKTN, in collaboration with Shoosmiths and KPMG, convened a roundtable to delve into AI safety and the potential need…
In a move aimed at enhancing corporate compliance and transparency, Companies House has recently introduced a set of new penalties. This initiative is part of broader efforts to strengthen the integrity of the UK’s company register and combat economic crime.Under the Economic Crime and Corporate Transparency Act 2023, Companies House is now empowered to take civil action, disqualify directors, and pursue criminal prosecution in severe cases of non-compliance. Company directors are urged to understand these new regulations to avoid facing substantial penalties.Companies are now required to adhere stringently to filing deadlines for confirmation statements, annual accounts, and other key documents.…
A dramatic rise in voluntary liquidations is causing upheaval in the financial sector. This trend is prompting experts to call for stricter regulations to prevent potential misuse. Current practices may be insufficient to ensure proper scrutiny of debts.Record Levels of CVLsThe number of Company Voluntary Liquidations (CVLs), where shareholders agree to wind up an insolvent business, has reached unprecedented heights. This trend has made CVLs the dominant form of corporate insolvency in the UK. The dramatic surge in CVLs compared to compulsory liquidations is alarming.Shifting Ratios and the Role of TechnologyData obtained through a freedom of information request reveals a…
President Joe Biden and Vice President Kamala Harris appeared together at the White House on Thursday to address the pressing issue of gun violence. They used the occasion to highlight the administration’s achievements and criticise the opposing GOP ticket.During the event, Biden signed a new executive action aimed at overhauling active shooter drills in schools and addressing emerging gun technologies among other measures. Harris emphasised the civil right to safety and the necessity for comprehensive gun control policies.Biden’s Remarks on Gun ViolencePresident Biden was unequivocal in his stance, stating, “Together, we’re making clear, if you want to talk about reducing…
In a contentious move, Wausau Mayor Doug Diny, known for his opposition to absentee ballot drop boxes, has physically removed the city’s single drop box. This action comes amidst ongoing debates in Wisconsin over the use of such boxes for absentee voting.Mayor Doug Diny of Wausau, Wisconsin, a city with approximately 40,000 residents, removed the absentee ballot drop box situated outside City Hall on Sunday. The box had only recently been placed there as absentee ballots were dispatched to voters. Diny defended his actions on Wednesday, asserting that he did nothing wrong and comparing his actions to that of a…
The House approved a bipartisan spending plan Wednesday aimed at preventing a government shutdown, but it still requires Senate approval before the funding deadline.The vote was cast amid division within the Republican conference, spearheaded by House Speaker Mike Johnson.A procedural move known as the suspension of the rules was employed to overcome objections and secure a two-thirds majority vote.The final tally was 341 in favour and 82 against, with significant support from both Republicans and Democrats.This decision ensures continued government operations until December, contingent on Senate passage.The House of Representatives cast a critical vote on Wednesday, approving a bipartisan spending…
In a commanding performance, Tottenham secured a 3-0 victory over Qarabag in their opening Europa League fixture, despite playing with ten men for most of the match.Radu Dragusin received a red card in the eighth minute, leaving Tottenham a player down early in the game.Brennan Johnson opened the scoring for Tottenham shortly after Dragusin’s dismissal.Pape Sarr doubled Tottenham’s lead early in the second half.Dominic Solanke rounded off the scoreline with Tottenham’s third goal, while Guglielmo Vicario made several crucial saves.Tottenham Hotspur began their Europa League campaign with a decisive 3-0 win against Qarabag, overcoming the early setback of Radu Dragusin’s…
Daniel Ricciardo’s time in Formula 1 appears to be coming to an end as he has been replaced by Liam Lawson for the remainder of the 2024 season. This decision follows a series of underwhelming performances by Ricciardo, who has struggled to return to his previous form.Liam Lawson, who previously filled in for Ricciardo during five races in 2023, has now been given the opportunity to prove his worth in the final six rounds. The 22-year-old New Zealander’s performance in these upcoming races could be pivotal for his career prospects in 2025.Ricciardo’s Career at a CrossroadsRB has confirmed that Liam…
Team USA delivered a commanding performance on the first day of the Presidents Cup in Montreal, achieving a 5-0 clean sweep in the fourballs. The American side, led by captain Jim Furyk, has taken an assertive early lead, putting the International team under immense pressure.Dominant Performance from Team USAThe USA team displayed sheer dominance on Thursday, making a strong start in their quest for a tenth consecutive Presidents Cup victory. This clean sweep marks only the third instance of such a feat in the competition’s 15 editions. The American team’s performance has set a high bar for the remaining rounds.Tensions…
Manchester United have struggled to convert promising statistics into tangible results this season.Erik ten Hag attributes the team’s poor performance to a lack of effort, specifically highlighting a 1-1 draw against Twente.The team ranks high in key attacking metrics, yet sits 11th in the Premier League table.Defensively, the team has significantly reduced the number of shots faced compared to last season.Key players have underperformed in terms of expected goals, contributing to the team’s struggles.Manchester United, under the management of Erik ten Hag, find themselves in a difficult position, languishing in the lower half of the Premier League table. Ten Hag…