US crackdown against privacy tech continues with arrest of Samourai Wallet developers April 26, 2024 Yesterday, news broke that the United States Department of Justice has charged the Samourai Wallet co-founders with "conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business." Authorities seized the Samourai website and arrested both founders.
Payally boss: Big Tech crackdown will kill London startups September 13, 2023 The UK needs to “loosen its grip” on Big Tech and steer away from copying the EU’s tough approach to the sector, the founder payments firm Payally has warned. “We need to be attracting big tech to London, not discouraging it,” Rafal Andzejevski told City A.M. “For right or for wrong, we left the EU, [...]
Computacenter: Record year for London firm as large IT businesses splash out on tech March 20, 2024 Computacenter reported a seven per cent increase in revenue, reaching £6.9bn, while gross profit rose over 10 per cent to surpass £1bn.
Santander UK boss calls on Big Tech to reimburse fraud victims December 10, 2023 Santander UK chief executive Mike Reigner has called on social media giants, particularly Meta, to take more responsibility for reimbursing victims of fraud amid a boom in online scams.
UK tech industry welcomes Hunt’s R&D tax relief November 22, 2023 The UK tech industry has welcomed the Chancellor's plans to create a new "simplified" research and development (R&D) tax relief scheme in his Autumn Statement on Wednesday.
Spotify to slash 1,500 jobs as tech sector layoffs continue December 4, 2023 Spotify has reportedly revealed plans to trim its workforce by 1,500 employees, making up 17 per cent of its staff, as it looks to continue streamlining costs.
Why London tech unicorns are becoming much harder to spot August 30, 2023 'Unicorn Kingdom' looks a long way off after only one UK tech firm has managed to pass the $1bn valuation threshold this year
‘Do as I say, not as I do’ – the tale of tech investors without tech, or why venture needs to be disrupted March 27, 2023 Alan Vaksman of Digital Horizon raises concerns over the venture capital industry and suggests it needs to evolve in a digital world.
Cisco: UK needs to boost AI skills to be a global tech leader November 15, 2023 Cisco has warned that the lack of artificial intelligence (AI) skills in the UK needs to be urgently addressed in order to strengthen its position as a global tech leader.
How to end the American choke-hold on British tech? Stop ‘acting like an incubator’ August 19, 2024 As tech companies flee London in droves, serial entrepreneur William Reeve—whose leadership credits include Lovefilm, a trailblazer in online movie streaming, and Zoopla, a leading real estate portal —has warned the City risks becoming nothing more than an incubator for the US unless it can shift its focus beyond short-term profit. Since 2019, at least [...]