Eighteen48 raises EUR175 million to back the private equity deals no one else sees
Eighteen48 raises EUR175 million to back the private equity deals no one else sees

  Eighteen48 Partners, the London-based alternative asset manager co-founded by Julien Sevaux, Tarek AbuZayyad, and Edward Clive, has closed €175 million for the first tranche of its inaugural private equity fund. The fund is targeting €350 million in …

Kids are bypassing online age checks by drawing fake beard on their face

More platforms are pushing age checks on users across apps, games, and social networks, but kids are already finding ridiculous workarounds, from fake birthdays and borrowed logins to simple makeup tricks and video game characters.

The recycling industry loses 40 per cent of its workers every year. A humanoid robot trained by VR headsets is the replacement plan.
The recycling industry loses 40 per cent of its workers every year. A humanoid robot trained by VR headsets is the replacement plan.

The recycling industry has a labour problem that no amount of recruitment can solve. Staff turnover at waste sorting facilities runs at 40 per cent annually. The fatality rate is eight times the national average across all industries. Work-related inju…

UK Biobank’s 500,000 genomes were listed for sale on Alibaba. The breach came from inside the system.
UK Biobank’s 500,000 genomes were listed for sale on Alibaba. The breach came from inside the system.

Summary: Genetic, medical, and lifestyle data from all 500,000 UK Biobank volunteers was listed for sale on Alibaba after three Chinese research institutions with legitimate access violated their data-sharing agreements. The data was de-identified but …

BT, Nscale, and Nvidia announce UK sovereign AI partnership
BT, Nscale, and Nvidia announce UK sovereign AI partnership

Nscale will construct the data centres at existing BT infrastructure sites; BT will provide connectivity. Both companies are founding members of the new UK Sovereign AI Industry Forum. The deal deepens Nscale’s position as a central plank of the UK gov…

Spotify is selling physical books now, and it makes more sense than you think
Spotify is selling physical books now, and it makes more sense than you think

In short: Spotify has launched physical book sales in the US and UK through a partnership with Bookshop.org, letting users buy print copies via affiliate links on audiobook pages within the app. The feature sits alongside Page Match, which now works in…

UK startup Altilium bags £18.5m to build Britain’s first commercial EV battery refinery
UK startup Altilium bags £18.5m to build Britain’s first commercial EV battery refinery

In short: Altilium, a UK clean technology company, has secured £18.5 million in grant funding from the government’s DRIVE35 Scale-Up Fund to build ACT3, the country’s first commercial refinery for recovering critical minerals from end-of-life electric …

OpenAI pauses Stargate UK as energy costs and copyright rules block the path
OpenAI pauses Stargate UK as energy costs and copyright rules block the path

In short: OpenAI has paused its Stargate UK data centre project, citing the high cost of industrial electricity in Britain and an unfavourable regulatory environment around AI copyright. The project, announced in September 2025 alongside Nvidia and Nsc…

UK fines Apple subsidiary for paying a sanctioned Russian streaming service through the App Store
UK fines Apple subsidiary for paying a sanctioned Russian streaming service through the App Store

The UK’s Office of Financial Sanctions Implementation has fined Apple Distribution International, Apple’s Ireland-based subsidiary, £390,000 for making two payments totalling more than £635,000 to a sanctioned Russian entity through the App Store in 20…

Origin raises $30M Series A+ to give multinationals visibility into a benefits budget
Origin raises $30M Series A+ to give multinationals visibility into a benefits budget

The London startup, founded by the team behind Darwin, acquired by Mercer in 2016, has built an AI platform that ingests fragmented global benefits data from PDFs, insurance contracts, and vendor portals into a single intelligence layer. Notion Capital…