The UK has been crowned the tech unicorn capital of Europe, home to over a third of the continent’s billion dollar startups June 11, 2018 The UK has established itself as Europe's tech powerhouse, playing home to 37 per cent of Europe’s unicorn-status tech firms and topping the list of global destinations for tech talent. With London Tech Week kicking off today, new figures show the UK claims 13 of Europe’s 34 unicorns – referring to companies with a $1bn [...]
Will humanity be phased out of the workforce by robots? June 10, 2018 As automated employees begin to fulfill not just physical roles but also cognitive ones, workers can be safe in knowing that history has proven humanity’s staying power. Researchers have concluded unanimously that automation will make improve our ability to do our jobs, boost wages and make the world a better place, according to a report [...]
The UK tech industry pulled in more than three times as much investment as any other European country post-Brexit June 8, 2018 Since the EU referendum, UK tech companies received over £5bn in venture capital funding, with London taking in 80 per cent of that number. Over the last two years, the UK earned more than the next three top-earning European countries combined, including France (£1.55bn), Germany (£2.15bn) and Sweden (£644m). London also topped the charts for [...]
Revolut wants to be the next Robinhood, promising commission-free stock trading as it hits 2m users June 7, 2018 Challenger banking app Revolut has reached 2m registered users, as it prepares to launch a commission-free stock trading feature and pushes back its journey across the pond. The new feature will allow users to explore and invest in UK and US listed companies, as well as other instruments such as exchange traded funds and options. [...]
Cyber warriors – the frontline defence against digital attacks June 7, 2018 COMPUTER hacking, ransomware, data breaches, fraud: cyber crime is a bigger problem than ever, and is a concern for everyone, from the humble consumer to the largest of corporations. Cyber warfare has even emerged as the latest military battleground – attacks on government agencies have increased, and both China and Russia have been accused of [...]
HTC U12+ review: HTC finishes what the iPhone started and ditches physical volume and power buttons June 7, 2018 Lately, HTC phones have been having a bit of an identity overhaul. Having long been the manufacturer of Google’s own Pixel phones, and for a while the smartest Android handsets you could pick up, HTC is now something of a discerning outsider’s choice. The cream cheese bagel to Google’s ham baguette, the Janeway to their [...]
Heading to a muddy field any time soon? Here are the top festival gadgets that will enhance any camping trip June 7, 2018 Glastonbury is looming on the horizon, like a large and pale dancing man silhouetted against a set of dazzling floodlights, whose sweat-sodden skin shines and catches the light like a salmon flashing in the brook. If you're heading there this year, or anywhere without reliable electricity, then you're going to need the right tools [...]
Artificial intelligence will dominate every aspect of our lives, but it won’t replace us June 6, 2018 Guess which of the 964 jobs listed in the widely used Occupational Information Network online database is the least susceptible to replacement by artificial intelligence (AI). The unsurprising answer is that of “massage therapist”. This is one of the findings of a paper in the latest issue of the American Economic Review by Erik Brynjolfsson [...]
Softbank is to sell a majority stake in the Chinese arm of Arm Holdings for $775.2m June 5, 2018 Arm Holdings, the British chip designer owned by Softbank Group, has announced the upcoming sale of a majority interest in its Chinese semiconductor design unit for $775.2m (£580.3m). The company is selling 51 per cent of its Chinese business, Arm China, and will cede control of the unit following the sale. Arm Holdings intends to [...]
Fintech unicorn Transferwise partners with first major European bank BPCE, gaining 15.1m new customers June 4, 2018 Out with the old and in with the new: digital money transfer service Transferwise has partnered with Banques Populaires’ and Caisses d’Espargne (BPCE), France’s second largest bank, to integrate its API directly into BPCE’s banking apps. Set to go live at the beginning of 2019, the partnership between Groupe BPCE, its international banking arm Natixis [...]
