Hiro Metaverse heads for £115m London listing as UK games industry booms January 31, 2022 Hiro Metaverse announced this afternoon that it plans to raise up to £115m by listing itself on the London Stock Exchange, as the blank-check company looks to tap into the video games and metaverse industries in the UK.
UK tech IPOs raise record £6.6bn last year doubling 2020 figures January 31, 2022 UK tech IPOs raise record £6.6bn last year doubling 2020 figures
HBSC injects ‘eight-figure funding’ into indie UK video game firm Rebellion January 31, 2022 Independent UK video game studio Rebellion has received eight-figure funding from HSBC to help scale its business.
Big tech may be forced to pay for UK journalism as Dorries pushes new laws January 31, 2022 Tech giants may be forced to pay British newspapers for their stories as Westminster draws up new plans to clamp down on the likes of Google and Meta.
Fraud warning: WhatsApp scams surge more than 2000 per cent January 31, 2022 WhatsApp scams are now the fastest growing form of impersonation fraud, according to new analysis by Lloyds Bank.
Exclusive: Half of all UK bosses plan to hire new tech staff this year January 31, 2022 Digital transformation is a key focus for UK businesses in the coming months. While costs have been a deterrent to innovation over the past year for many firms, the majority are looking to funnel investment into new technology projects in 2022. Nearly half of those polled admit that the cost of development has impeded their firm [...]
Virgin Media O2 owners raising fresh capital to supercharge fast fibre broadband roll out January 31, 2022 Virgin Media O2’s owners are looking to raise hundreds of millions of pounds from investors as the merged firm looks to ramp up investment into fibre broadband across the country.
Spotify faces the music amid Rogan row January 31, 2022 How the streaming giant may have taken its podcast push too far
UK videogame investment booms with M&A hitting £1.9bn in 2021 January 31, 2022 The UK gaming industry flourished in the past year, as the pandemic turned gaming into a social activity, expanding demographics and a widening its consumer base. M&A deals for UK video game makers hit £1.9bn in 2021, a 63 per cent increase on the £1.2bn in 2020, according to research from accountancy and business advisory [...]
UK tech special: The rocky but unstoppable rise in startup valuations January 30, 2022 The accelerated growth of startup valuations has sparked debate around the world, particularly in the markets where this has been reflected in the most significant raises and the speediest unicorns. Despite ongoing pandemic uncertainty, a quarter of the UK’s 116 unicorn tech companies became unicorns during 2021. Investment climbed significantly, up to £26bn in 2021 [...]
