Investors lose interest in supply chain tech as pace of onshoring quickens December 5, 2022 Venture capital investment into supply chain focused technology has significantly slowed in the past few months, following a pandemic-era boom. Startups around the world injected $3.3bn (£2.6bn) to the industry in the third quarter, down more than 77 per cent in comparison with the same months a year ago, according to data research firm Pitchbook [...]
How a telecoms exec, a Rugby World Cup winner and a host of chemists are plotting a quiet tech revolution May 26, 2023 On a non-descript industrial estate on the outskirts of Cambridge, a former telecoms executive, a Rugby World Cup winner and some disarmingly intelligent chemists are plotting a revolution that could change the shape of global politics. If that sounds overwrought, consider the phone in your pocket. The metals that make up that extraordinary piece of [...]
Law firms filed over 1,000 legal tech patents globally – but only 1 was filed in the UK July 13, 2023 Law firms around the world are increasingly investing in technology to remain competitive, new data shared with City A.M. reveals. Exactly 1,184 patent applications for legal services technology were filed globally in the year ending September 2022, according to data obtained by Thomson Reuters from the World Intellectual Property Organisation. China filed the most with [...]
Game on: Why Big Tech is betting big on gaming September 14, 2022 When Bill Gates said “content is king” back in 1996, he opened a can of worms that has become increasingly hard to contain. This content obsession has evolved in different ways in the last two decades, with the latest bet from Big Tech being on gaming. While the evolution of video games has been progressing [...]
Tech investors sound alarm over five ‘urgent issues’ choking UK innovation February 15, 2023 A group of top tech investors and entrepreneurs have piled pressure on the newly appointed science and tech minister to address “urgent issues” choking off growth in the UK’s innovation sectors.
Microsoft cuts more staff as Big Tech slowdown continues October 18, 2022 Microsoft continued to cull its workforce this week as the software giant feels the sting of stagnating growth, with sources telling the Business Insider that 1,000 people lost their jobs in a fresh wave of cuts. Impacted teams within the software giant included the Xbox division, the Strategic Missions team, and the office of the Chief [...]
Sunak’s move to sweet talk Arm into London listing cheered by tech chief January 9, 2023 Rishi Sunak’s move to restart efforts to woo Arm into a London listing have been cheered by a top tech chief today, who said winning the chipmaker’s listing would be “significant vote of confidence in the UK market”. Sunak reportedly met with Arm’s chief Rene Haas last month in a bid to secure London a [...]
Gimme! Gimme! Gimme! AI after midnight: Firm behind London ABBA Voyage in £8.1m tech swoop November 1, 2023 Oxford Metrics, the firm and technology used for ABBA Voyage, has today announced it has entered into a £8.1m acquisition agreement for AI software company Industrial Vision Systems (IVS). IVS is known for its automated quality control systems used across various industries and will be a “good strategic fit,” Oxford Metrics said. The group, whose [...]
Open banking success has cracked the code for more tech innovation in the UK January 15, 2023 The benefits of new technologies can seem hidden at first - but innovation always brings growth. Open banking is a great example on which the government is basing its strategy, writes Andrew Griffith
TikTok calls in tech start-ups to help with ecommerce push November 27, 2022 TikTok has called in tech start-ups to boost its ecommerce operations in a desperate attempt to diversify revenue streams. According to initial reports from the Financial Times, TikTok’s parent firm Bytedance has been working with YunExpress as a logistics partner to get its social commerce offering off the ground on a more global scale. It [...]