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digitfyi.bsky.social
DIGIT
@digitfyi.bsky.social
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Scotland’s leading tech news and events company.

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digitfyi.bsky.social
Edinburgh-based molecular diagnostics company MI:RNA has announced the completion of an oversubscribed funding round, raising $3.6 million (£2.7m) to accelerate the firm’s future expansion and commercial progress.

www.digit.fyi/edinburgh-bi...
#tech #biotech #techfunding #ScottishTech @MIRNA_Diag
Edinburgh Biotech MI:RNA Nets $3.6M to Expand Vet Diagnostics
Edinburgh's MI:RNA has raised $3.6 million (£2.7m) in an oversubscribed round to accelerate its future expansion and commercial progress.
www.digit.fyi
December 15, 2025 at 4:30 PM
digitfyi.bsky.social
The MITRE Corporation has sounded its annual alarm, publishing its latest list of the most critical software weaknesses of the last year, highlighting persistent security gaps in input validation, authentication, authorisation, and memory handling.

Find out more 👇
www.digit.fyi/most-dangero...
Revealed: The Most Dangerous Software Bugs of 2025
The list of critical weaknesses highlights persistent security gaps in input validation, authentication, authorisation, and memory handling.
www.digit.fyi
December 15, 2025 at 3:44 PM
digitfyi.bsky.social
Scotland has strengthened its ties with the United Arab Emirates after a leading space industry group signed a new agreement to expand collaboration between the two nations’ space sectors.

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www.digit.fyi/scotland-dee...
#tech #SpaceScotland #spacetech #UAE
Scotland Deepens UAE Space Ties With New Deal
A new space industry deal has deepened collaboration between Scotland and the UAE, boosting both nation's growing space sectors.
www.digit.fyi
December 15, 2025 at 1:15 PM
digitfyi.bsky.social
The UK Government is planning fresh legislation designed to overhaul the regulation of cryptocurrencies and force crypto firms to meet strict requirements set out by the FCA.

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www.digit.fyi/fca-to-gain-...
#tech #crypto #FCA
FCA to Gain More Power Over UK’s Booming Crypto Market
New rules aim to protect investors, curb fraud, and give crypto firms clarity while boosting the UK’s standing in the global market.
www.digit.fyi
December 15, 2025 at 12:15 PM
digitfyi.bsky.social
FinTech Scotland has launched a new cross-sector research and innovation programme aimed at improving the financial well-being and long-term financial health of people across the country by focusing on the link between everyday finances and health in later life.

www.digit.fyi/fintech-scot...
FinTech Scotland Launches New Lab for Financial Health in Later Life
FinTech Scotland has launched a new innovation programme aimed at improving the long-term financial health of people across the country.
www.digit.fyi
December 15, 2025 at 10:15 AM
digitfyi.bsky.social
Glasgow City Region has launched a £25 million open challenge for transformative local innovation projects that will improve the lives of its residents.

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www.digit.fyi/glasgow-city...
#tech #Glasgow #health #lifesciences
Glasgow City Region Launches £25M Health Innovation Call
Glasgow City Region has launched a challenge for transformative local innovation projects that will improve the lives of residents.
www.digit.fyi
December 14, 2025 at 3:02 PM
digitfyi.bsky.social
Ofcom has lit the fuse on the smartphone space race, with the regulator making the UK the first country in Western Europe where mobile operators team up with satellite companies to deploy new “space-age” services.

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www.digit.fyi/ofcom-gives-...
#Ofcom #DirectToDevice #satcomms
Ofcom Gives Green Light for Satellite to Smartphone Services
Ofcom's new guidelines will allow mobile operators to partner with satellite firms as part of a national push to eliminate mobile notspots.
www.digit.fyi
December 14, 2025 at 2:01 PM
digitfyi.bsky.social
Orkney-based Orbital Marine Power Ltd has landed a £7 million investment deal from PXN Ventures to power the next wave of its tidal technology and pursue international commercial projects.

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www.digit.fyi/orbital-mari...
#tech #tidalenergy #renewables #Orkney
Orbital Marine Power Lands £7M For Next Wave of Tidal Tech
Orkney-based Orbital Marine Power has landed a £7 million investment deal from PXN Ventures to scale‑up its tidal turbine technology.
www.digit.fyi
December 14, 2025 at 1:00 PM
digitfyi.bsky.social
Australia has enacted its world-first ban on social media accounts for children under 16, requiring major platforms to deactivate existing underage accounts from today.

Companies that fail to take “reasonable steps” face fines of up to $49.5m.

www.digit.fyi/australia-so...
#Tech | #News
'World First' Online Age Rules Take Effect Across Australia
The new age-assurance rules form part of the country’s wider push to protect young users from harmful content and persuasive design.
www.digit.fyi
December 14, 2025 at 12:00 PM
digitfyi.bsky.social
Two Chinese tech companies have been sanctioned in the UK after launching “reckless and indiscriminate cyber-attacks” around the world, including against British IT networks, with one utilising a botnet of more than a quarter million compromised devices.

www.digit.fyi/uk-sanctions...
UK Sanctions Chinese Firms Over “Reckless” Cyber-Attacks
Two Chinese tech companies have been sanctioned in the UK, with the measures reflecting mounting concern over China’s cyber capabilities.
www.digit.fyi
December 14, 2025 at 11:00 AM
digitfyi.bsky.social
Online violence against women has hit a dangerous new peak, fuelled by AI tools that are accelerating a “chilling escalation” of abuse that is spilling into the offline world, according to a new UN report.

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www.digit.fyi/ai-is-intens...
#tech #onlineviolence #AIviolence #misogyny
AI Is Intensifying Violence Against Women, Warns UN
A new UN report has warned that tech-facilitated abuse is escalating, driving a surge in violence both online and off.
www.digit.fyi
December 14, 2025 at 10:01 AM
digitfyi.bsky.social
The new facility – replacing the current Monklands hospital in Airdrie – has been called Scotland’s ‘first fully digital, net-zero carbon hospital’.

Full story ⤵️

www.digit.fyi/scotlands-fi...
#Tech | #News | #DigitalHospital
Scotland's "First Fully Digital Hospital" Approaches Final Approval
Scotland's first "fully digital hospital" is approaching Scottish Parliament for final approval before its construction in Lanarkshire.
www.digit.fyi
December 14, 2025 at 9:00 AM
digitfyi.bsky.social
In this contributed article for DIGIT, Michael Thomson at Burness Paull explores growing concerns that the AI investment surge may be inflating a financial bubble – and what businesses should do now to prepare for potential market turbulence.

www.digit.fyi/comment-ai-b...
Comment | What To Expect if the AI Bubble Bursts
AI stock valuations are soaring – but could a bubble burst hit harder than the dot-com crash?
www.digit.fyi
December 13, 2025 at 3:00 PM
digitfyi.bsky.social
The global IT market is on course for its strongest performance in almost thirty years, according to the latest figures from IDC, following a 14% spike in growth. But what will 2026 look like?

www.digit.fyi/ai-supercycl...
#ITspending #IT #Windows95 #IDC
AI “Supercycle” Fuels Biggest IT Boom Since Windows 95
The global IT market is on course for its strongest performance in almost thirty years, according to IDC, following a 14% spike in growth.
www.digit.fyi
December 13, 2025 at 2:01 PM
digitfyi.bsky.social
GenAI adoption accelerated across the app ecosystem, according to analysis from Apps Flyer, with installs up 16% and category spend reaching $824M across iOS and Android.

Full story 👇
www.digit.fyi/genai-adopti...
#Tech | #News | #GenAI | #Apps
GenAI Adoption Accelerated Across the App Ecosystem in 2025
GenAI adoption accelerated across the app ecosystem with installs up 16% and category spend reaching $824M across iOS and Android.
www.digit.fyi
December 13, 2025 at 1:00 PM
digitfyi.bsky.social
Poor training, weak culture and misaligned rewards mean UK employers are losing out on up to 40% of AI productivity gains, even as more workers than ever are using genAI tools in their daily tasks, according to new research from EY.

www.digit.fyi/is-workplace...
#tech #AIculture #EY
Is Workplace Culture Holding Back AI?
Poor training, weak culture and misaligned rewards mean UK employers are losing out on AI gains, according to new research from EY.
www.digit.fyi
December 13, 2025 at 12:00 PM
digitfyi.bsky.social
cutting imperatives and long-term growth investments for their 2026 top priorities and challenges, according to a survey by Gartner, Inc.

Full story ⬇️
www.digit.fyi/what-will-cf...
#Tech | #News | #CFOs
What Will CFOs Prioritise in 2026?
CFOs are grappling with a tension between short-term cost-cutting imperatives and long-term growth investments for their 2026 top priorities.
www.digit.fyi
December 13, 2025 at 11:00 AM
digitfyi.bsky.social
As UK financial services continue to embrace AI at breakneck speed, new research from FIS warns that consumer confidence is failing to keep pace with innovation, creating a trust gap that banks may soon be unable to bridge.

www.digit.fyi/uk-consumers...
#bankingAI #financialservices #AI
A Third of UK Consumers Say Banking AI is Moving Too Fast
Rapid AI adoption in UK financial services is outpacing consumer trust, says FIS, leaving banks and fintechs facing a growing confidence gap.
www.digit.fyi
December 13, 2025 at 10:00 AM
digitfyi.bsky.social
The UK’s data watchdog has hit LastPass UK with a £1.2 million fine after two isolated incidents in 2022 resulted in a breach that exposed the personal information of up to 1.6 million British users.

www.digit.fyi/ico-fines-la...
#tech #ICO #LastPass #hack
ICO Fines LastPass UK £1.2M For 2022 Data Breach
The ICO has hit LastPass UK with a £1.2 million fine after a 2022 breach that exposed the information of up to 1.6 million British users.
www.digit.fyi
December 13, 2025 at 9:00 AM
digitfyi.bsky.social
Up to 460 new biotech jobs are expected to be created in Grangemouth as part of an £8.5 million support package announced by the Scottish Government, following the closure of Scotland’s only crude oil refinery earlier this year.

www.digit.fyi/biotech-boos...
#tech #Grangemouth #biotech
Biotech Boost to Bring 460 New Jobs to Grangemouth
Hundreds of biotech jobs are expected to be created in Grangemouth as part of an £8.5 million support package from the Scottish Government
www.digit.fyi
December 12, 2025 at 10:45 AM
digitfyi.bsky.social
The UK’s data watchdog has hit LastPass UK with a £1.2 million fine after two isolated incidents in 2022 resulted in a breach that exposed the personal information of up to 1.6 million British users.

www.digit.fyi/ico-fines-la...
#tech #ICO #LastPass #hack
ICO Fines LastPass UK £1.2M For 2022 Data Breach
The ICO has hit LastPass UK with a £1.2 million fine after a 2022 breach that exposed the information of up to 1.6 million British users.
www.digit.fyi
December 11, 2025 at 4:45 PM
digitfyi.bsky.social
Nick Jones, CEO and founder of Edinburgh‑based crypto fintech Zumo, gives DIGIT the lowdown on the trends set to redefine digital assets in the year ahead, covering everything from regulation to the emergence of retail crypto apps.

Read it here ⤵️
www.digit.fyi/digital-asse...
Comment| Five Predictions That Will Shape the Digital Assets Sector in 2026
Nick Jones, founder and CEO of crypto platform Zumo, shares his predictions with DIGIT on what will shape the digital assets sector in 2026.
www.digit.fyi
December 11, 2025 at 4:15 PM
digitfyi.bsky.social
The FCA is preparing to bring stablecoins into the mainstream, with plans to launch an expanded regulatory sandbox next year to test policy in the hopes of unlocking faster, more convenient payments.

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www.digit.fyi/fca-lays-out...
#tech #stablecoins #digitalassets #FCA
FCA Lays Out Plans to Mainstream Stablecoins in 2026
The FCA plans to launch an expanded stablecoin sandbox next year to test policy in the hopes of unlocking faster, more convenient payments.
www.digit.fyi
December 11, 2025 at 12:45 PM
digitfyi.bsky.social
As UK financial services continue to embrace AI at breakneck speed, new research from FIS warns that consumer confidence is failing to keep pace with innovation, creating a trust gap that banks may soon be unable to bridge.

www.digit.fyi/uk-consumers...
#bankingAI #financialservices @FISGlobal
A Third of UK Consumers Say Banking AI is Moving Too Fast
Rapid AI adoption in UK financial services is outpacing consumer trust, says FIS, leaving banks and fintechs facing a growing confidence gap.
www.digit.fyi
December 11, 2025 at 11:45 AM
digitfyi.bsky.social
The UK has inked a major new deal with Google DeepMind that aims to turn AI research into tangible benefits for the British workforce, deepening the country’s controversial ties to one of the world’s most powerful tech firms.

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www.digit.fyi/uk-gov-deepe...
#tech #Google #DeepMind
UK Gov Deepens AI Ties With Google in DeepMind Deal
The UK's new deal with Google DeepMind aims to provide real benefits for British workers, but deepens state ties to a major global tech firm.
www.digit.fyi
December 11, 2025 at 10:15 AM