BATM: Tech firm partners with mystery defence group to target global markets July 2, 2024 Tech firm BATM Advanced Communications has entered a partnership with a mystery technology and defence group in a move the company says will allow it to sell its advanced cybersecurity solution to global commercial markets.
British Business Bank posts second straight loss as tech valuations struggle August 8, 2024 State-owned lender the British Business Bank has recorded a second straight annual loss as a decline in start-up valuations weighed on its financial performance.
London-listed tech firm secures biggest-ever contract with US government June 20, 2024 One of Britain's top defence manufacturers has secured its largest single contract to date, suppling computer plug-in-cards to a major US defence and aerospace contractor.
How the great tech layoff is having unexpected positive consequences October 19, 2023 The wave of layoffs to have struck the tech sector over the past year is conversely boosting the flow of top talent into early-stage start-ups, a top VC firm has said.
GB Group’s loss shrinks as tech group’s new chief gets stuck in June 11, 2024 GB Group provides global identity and location software and the company has turned itself around recently.
The UK’s three youngest tech entrepreneurs who started billion-dollar businesses May 18, 2024 These are the UK's three richest and youngest tech entrepreneurs who have managed to turn an idea into a billion-dollar business.
Crypto’s Social Finance platform FriendTech experiences volatile token launch May 7, 2024 The beauty of crypto is it encompasses a variety of already existing and emerging sectors. Social Finance (SoFi) is an example of this. It merges already existing Web 2.0 social media platforms and ideas, with features and incentive mechanisms of Decentralised Finance (DeFi). Last Friday, the SoFi platform FriendTech launched and airdropped their own token (FRIEND) on Base. As always with crypto, there was not a lack of volatility.
HSBC to boost UK tech growth lending fund by £100m December 20, 2023 HSBC will increase the size of its Growth Lending fund by £100m to £350m.
ZKSync launches long awaited token in beginning of zero-knowledge tech era June 13, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. ZKSync, an Ethereum Layer 2 scaling solution developed by Matter Labs, has officially confirmed the launch date for its highly anticipated token for next week. Like other [...]
Booming tech sector helps London reclaim crown as Europe’s FDI capital May 2, 2024 London returned to its top spot as Europe's most important destination for foreign direct investment (FDI), new figures show.