UK appoints five new innovation experts to drive post-Brexit technology boom December 18, 2022 The UK government has appointed five, industry leading experts to make use of post-Brexit freedoms by driving innovation in cutting edge sectors that will be vital to Britain’s future growth. The five new experts will work with the government’s chief scientific advisor, Sir Patrick Vallance, to review existing rules and develop a pro-innovation, regulatory approach. [...]
Apple Watch Series 8 review: More of the same good stuff October 13, 2022 Place the new Apple Watch Series 8 on your desk besides the Series 7 and even Tim Cook would have trouble telling them apart. It keeps the same smooth curves and ultra-slim bezels as the previous generation, which itself only incrementally updated a design that had remained the same since 2018. Unlike the iPhone, the [...]
Theranos president Sunny Balwani convicted on 12 counts for role at collapsed health tech firm July 8, 2022 The former president of Theranos has been convicted on all 12 counts brought against him over his role at the now discredited health technology firm. Sunny Balwani’s conviction marks the end of years of legal troubles for the exec after Theranos collapsed in 2016. Following a 13-week long trial, the 57-year year executive was convicted [...]
Monkeypox cases surge to 366 across UK as government passes legislation to tackle it June 10, 2022 The number of Monkeypox cases has surged pass 350 as the UK passed legislation to tackle the virus this week. UK Health Security Agency (UKHSA) detected 43 cases by 9 June, bringing the total number to 366, up from 321 on 7 June. The infection, which can be transmitted by close physical contact, has particular [...]
Exclusive: London is the Silicon Valley of Europe, but ‘can not afford to sit on its tech laurels’ May 30, 2022 Forbes heralded London recently as the Silicon Valley of Europe as the capital proved to be “Brexit-proof” with around 18,500 new startups registering in 2021 alone. Although hybrid working has been adopted by many companies, London remains a place where giants such as Google, with its King’s Cross ‘landscraper’, nestle with newer companies such as fintech boomer Revolut, [...]
Exclusive: KPMG to hire 3,500 tech workers to staff newly launched digital products business May 27, 2022 KPMG today launched a new digital solutions business which is set to see the firm more than double the size of its 3,000 strong technology focused workforce by hiring 3,500 new data scientists and engineers. The UK arm of the Big Four firm said it plans to create 1,000 London tech jobs, in its efforts [...]
Government to face Atos in court following spat over £845m supercomputer contract May 23, 2022 The UK government is set to face IT company Atos in the UK’s High Court next month after the French firm filed a lawsuit against government over its decision to award an £845m Met Office contract to Microsoft. The French multinational is claiming its bid was wrongly excluded from the tendering process on the grounds [...]
City exclusive: Cordiant Capital’s co-CEO on how to make money in the crowded world of digital infrastructure May 19, 2022 Amid an increased focus on digital infrastructure, data transfers and online storage in practically every market around the world, investment giant Cordiant Capital listed its Cordian Digital Infrastructure arm in London last year. Time for City A.M. to catch up with Benn Mikula, co-CEO and managing partner at Cordiant Capital, to see how things are [...]
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 [...]
Generation AI: Breakthrough for automation as robot ‘chef’ in Cambridge can taste food at different stages of the chewing process May 11, 2022 A robot “chef” has been trained to taste food at different stages of the chewing process to check if it is salty enough, imitating a similar process in humans. The University of Cambridge researchers suggest their results could be useful in the development of automated or semi-automated food preparation by helping robots to learn what [...]