Deloitte snaps up London tech consultancy Reformis January 16, 2023 Deloitte has completed its acquisition of London tech consultancy Reformis as it pushes forwards with efforts to bolster its advisory business. The acquisition, for an undisclosed sum, will see Reformis’ 83 staff join the Big Four accounting firm as it seeks to capitalise on booming demand for tech focused advice. Founded in 2003, the consulting [...]
Silicon Valley Bank UK set for London Tech Week charm offensive June 11, 2023 Four months ago, the name Silicon Valley Bank may have brought to mind sleepless nights and frantic calls for much of the tech industry - but now the bank is set to headline London Tech Week.
‘Godfather of AI’ quits Google over concerns with rapid advances in tech May 2, 2023 A British scientist dubbed the “Godfather of AI” has quit his role at Google due to concerns about the dangers of artificial intelligence (AI), such as its potentially ability to spread misinformation and overhaul the jobs market. Geoffrey Hinton — who joined Google a decade ago to build on what was then the foundation of [...]
Tech firms listing in London? That’s a red flag, says short seller Carson Block October 5, 2023 Any tech firm that lists in London should raise alarm bells, short seller Carson Block has said today, as he took aim at the City’s “clubby” culture and focus on pedigree.
London Tech Week: Sunak and Hunt’s charm offensive was no light touch June 12, 2023 Charlie Conchie, City A.M. investment editor, reflects on day one of London Tech Week. What’s a growth mindset and how can I get one? Solving the UK’s tech investment gap is not just tweaking rules and regulation, Chancellor Jeremy Hunt said yesterday, but also “looking at our mindset”. “That’s something I think we need everyone’s [...]
Are Tesla and Apple losing the big tech war? Here’s how Microsoft, Meta, Amazon, Nvidia and Alphabet compare April 6, 2024 Tesla has tanked over 30 per cent while Apple is down roughly nine per cent since year to date, compared to the S&P 500 which has risen.
‘List of lazy outdated takes’: Short seller’s London jibe riles UK tech chiefs October 9, 2023 London tech bosses have hit back today after short seller Carson Block launched an attack on the quality of talent and skills in the capital. In a recent interview with City A.M., Block took aim at the capital’s tech credentials and said firms listed outside of the US “was almost always a flag”. “The money [...]
Why Rishi Sunak’s crypto investment quote has the tech industry excited June 13, 2023 When storied Silicon Valley investment firm Andreessen Horowitz made the announcement that it would be setting up a dedicated crypto arm in the UK yesterday – the firm’s first base outside the US – the announcement came with high profile backing: the Prime Minister, Rishi Sunak. Sunak championed the launch on Twitter and said in [...]
Post-Brexit rules for big tech give almost boundless power to the competition watchdog August 7, 2023 Post-Brexit rules for big tech were designed to allow more competition, but they effectively hand the reins to the Competition and Markets Authority without enough checks and balances, writes Liza Lovdahl Gormsen.
Logistics tech firm Shift buys Movinga as it eyes European expansion April 17, 2023 Logistics tech company Shift has acquired the European home move platform Movinga, as the firm looks to expand overseas. Following the deal, Shift now hopes to become the largest marketplace for large-item logistics across Europe, with over 300 employees and operations in seven countries – the UK, Ireland, France, Germany, Austria, Sweden and Switzerland. Shift [...]