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Amazon’s £3bn AI Anthropic investment investigated by UK regulator | Business News
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The UK’s competition regulator has launched an inquiry into Amazon’s investment of over £3bn into an artificial intelligence (AI) startup as regulators ramp up their scrutiny of mergers involving the fast-growing technology. The deal, which was announced by Amazon in March, included a $4bn (£3.16bn) investment into Anthropic and a commitment from the AI startup…
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Chinese takeaway worker Jian Wen jailed for money laundering after £3bn Bitcoin seizure | UK News
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A former Chinese takeaway worker found guilty of money laundering after police seized more than £3bn worth of Bitcoin has been jailed for more than six years. Jian Wen, 42, came to the attention of police when she tried to buy some of London’s most expensive properties, including a £23.5m seven-bedroom Hampstead mansion with a…
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How Chinese takeaway worker led police to Bitcoin worth £3bn in Britain’s biggest ever cryptocurrency seizure | UK News
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Within weeks of Yadi Zhang’s arrival in London in September 2017, Jian Wen had left her job and room in a Chinese takeaway and moved into a £5m six-bedroom house near Hampstead Heath. The women, who claimed to run an international jewellery business trading in diamonds and antiques in countries including Japan, Thailand and China,…
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UK’s largest mobile firms sued for £3bn – amid claims they overcharged loyal customers | UK News
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Vodafone, EE, Three and O2 are facing a “£3bn-plus” class action claim that alleges they used their market dominance to overcharge on up to 28.2 million UK mobile phone contracts. The four largest network operators are accused of penalising loyal customers – meaning they paid more than new customers for the same services. Many contracts…