Israeli transport tech firm gears up for London growth with $100m funding injection May 16, 2022 An Israeli transport tech firm is poised for a growth push in London after unveiling a $100m funding injection today, taking its valuation to $1.3bn.
Exclusive: Tech exits surge as unicorns are ‘out’ and recurring revenue is the new valuation for venture capital May 19, 2022 European technology exit values and counts have skyrocketed in the past year, reaching $133.4 billion in value, a 400 per cent year-over-year increase, across 1,247 exits. In 2021, there were approximately 186 public listings, including names such as UiPath, Wise, GitLab, OVH, and SUSE. In addition, M&As reached an all-time high with 687 European companies being acquired. The deep pool of [...]
EY to open office for “neuro-diverse” tech workers in Manchester January 24, 2022 Accountancy firm EY is set to open an office for “neuro-diverse” tech workers in Manchester. EY said it will hire 100 people with “cognitive differences” such as ADHD, dyslexia, and autism, to work on projects involving emerging technologies such as artificial intelligence, automation, and the blockchain. The Manchester Neuro-Diverse Centre of Excellence (NDCoE) is set [...]
Exclusive: London investment vehicle rolls out to back climate tech startups March 17, 2022 A new £20m investment vehicle has rolled out in London today to target early-stage tech firms tackling climate change, as UK investment into the space continues to swell.
Loosened pension rules could unleash £5bn tech and science investment March 17, 2022 Government plans to loosen pension investment rules could unleash a wave of funding into the UK’s tech and life science sectors, according to new research.
UK’s AI Safety Institute set to open in San Francisco May 20, 2024 The British government is hoping the new office will allow the UK to tap into Silicon Valley's tech talent and strengthen ties with the US.
Amazon to open first US clothes store with a ‘tech twist’ January 20, 2022 Amazon is making another push to grow its fashion business, announcing today that it will open its first-ever clothes store store this year, with a tech twist.
Apple’s retail arm feels sting of store closures as tech giant posts humble growth in UK accounts July 4, 2022 Total turnover for Apple’s Retail UK, Europe and UK team climbed a humble two per cent to £2.3bn in 2021, with total operating profit up 24 per cent to £730m. It comes as Apple Retail UK continued to see the impacts of the pandemic, with turnover at £972m compared to £1.1bn for 2020, as a [...]
Netflix challenges broadband fees for big tech companies December 19, 2021 Netflix has attacked plans that would let broadband giants charge tech companies for access to their networks.
Guerrilla influencers and AI news anchors, China is ramping up its propaganda machine May 19, 2024 China's propaganda machine is embracing AI - but there are limits to what tech can do with bad storytelling, writes Ruby Osman.