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Green VC firm Elbow Beach has secured £63m in the first close of its new £80m climate impact fund. Elbow Beach aims to back up to 36 early-stage British startups via the fund over the next four years, with a focus on technology enabling industries to transition to cost-effective low carbon operations. The firm will ...
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Trump said he would be willing to lower tariffs if countries offer him something "phenomenal," like China with a TikTok deal. Read more ›
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JP Morgan's chief global economist warned that Donald Trump's aggressive tariff plan increased the risk of the country falling into a recession. Read more ›
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The Trump administration’s tariffs are, by every reasonable account, an economic catastrophe in the making. So why are they happening? One explanation is that this is simply democracy at work. President Donald Trump campaigned on doing more or less exactly what he’s just done, and the voting public elected him. So here we are. That’s […] Read more ›
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Vice President JD Vance said Musk will remain a "friend and an adviser" on Fox News. Read more ›
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When President Donald Trump began yesterday’s announcement of the White House’s latest trade policy brandishing a novelty-sized cardboard sign labeled “Reciprocal Tariffs,” the immediate and nearly unanimous response was bafflement. Trump slapped a 10 percent baseline tariff on all imports into the US, including from uninhabited islands, plus absurdly high rates on specific countries, supposedly […] Read more ›
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CinemaCon audiences got an early look at Predator: Badlands, including its setting: an alien 'planet of hurt.' Read more ›
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The original Switch started a revolution when it combined the portability of handhelds with the ability to play games on your TV at home like a traditional console. But with the Switch 2, even though it's physically bigger, it feels like a sleeker, faster and more refined take on its predecessor — to the point that Nintendo should have called it the Super Switch (which apparently almost happened). And after... Read more ›
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Economists and supply chain experts told BI consumers will spend about $4,000 more this year due to cost increases caused by Donald Trump's tariffs. Read more ›
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Temporary layoffs show the real-world impact of the uncertainty Trump has created. Read more ›
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Mark Zuckerberg steps up lobbying effort with antitrust regulator set to signal its approach to Big Tech Read more ›
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Despite their concerns, GOP senators largely demurred on whether they'd support a new bill to reign in Trump's tariff powers. Read more ›
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For European tech founders, the return of aggressive US trade tariffs marks a moment of strategic recalibration.A tariff is a government-imposed tax on imported goods or services. Tariffs are used to ... Read more ›
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In the wake of Snow White's middling performance, Disney seems to be rethinking the pace and potential of its live-action remakes. Read more ›
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US president suggests he is open to horse-trading a day after imposing severe import levies on Chinese goods Read more ›
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Trump slapped dozens of countries with broad tariffs. They'll impact goods the US imports from major trading partners like China and the EU. Read more ›
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The US is barreling toward a recession for no good reason, and dragging the world—and a few thousand penguins on remote Antarctic islands—down with it. Read more ›
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Trump's tariffs announcement has companies scrambling as their costs increase. Here's which companies have hinted at raising prices. Read more ›
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Though Superman is clearly going to get the living daylights beat out of him at some point in James Gunn’s upcoming DC Studios feature, the movie’s latest trailer puts a spotlight on how the Man of Steel gets put back together again. During its presentation at this year’s CinemaCon, Warner Bros. shared an extended sneak […] Read more ›
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Cypriot tech experts living in London are to get a visit from their President wanting to lure them home to take up jobs in the booming STEM sector. The strategy – dubbed the ‘Brain Gain’ – is backed up with lucrative incentives including tax breaks, free health care and housing subsidies. It comes as a ... Read more ›
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A Labour MP has launched a ‘Y Combinator for Wales’ in a bid to support budding tech talent in the country. MP for the Vale of Glamorgan, Kanishka Narayan, has unveiled the Vale Startup Accelerator – a first-of-its-kind programme to support early-stage businesses and unlock the region’s entrepreneurial potential. Backed by local and national partners, ... Read more ›
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Revolut’s valuation has been upgraded by one of its best-known shareholders, implying a rise to $48bn. The upgrade by Schroders Capital Global Innovation Trust plc, an investment trust managed by Schroders, is an 85% jump compared to the valuation it gave the London fintech a year ago. The trust controls a small stake in the ... Read more ›
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Jess Woodward-Jones is the co-founder of Vizzy, a recruitment platform that works with hiring businesses to look beyond CVs. In this week’s Founder in Five Q&A, Woodward-Jones discusses why building a successful business will always be hard no matter how good the idea is, the transformational power of effective note keeping and the problems with AI ... Read more ›
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Improving gender equality in tech could deliver a material boost to investor returns, research has found, amid a government-backed campaign to support more female founders. Figures compiled by Beauhurst suggest woman-led businesses deliver 35% higher returns than male businesses, despite receiving just 2% of venture capital funding. The figures were part of a female entrepreneurship ... Read more ›
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Public sector data scientists will be trained to use AI tools as part of a government scheme to plug the skills gap holding back its Plan for Change ambitions. The 12-week AI accelerator will teach machine learning engineering skills to help civil servants use automation to tackle public sector problems. The programme will be open ... Read more ›
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This week’s UK tech funding deals include AI 3D content generation startup Rival, hospitality CRM platform developer Embargo and more. UKTN tracked £6.05m worth of UK tech investment this week (24 March to 28 March), an 90% week-on-week decrease across three funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Rival – ... Read more ›
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Arguably the most impactful innovation of the modern era of open banking-powered finance is the introduction of competition for cross-border payments. Where once sending money internationally was time consuming, inefficient and expensive, now consumers and businesses have a host of options for fast and cheap cross-border transfers. Here are Britain’s biggest cross-border payments companies. (Note: ... Read more ›
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A friend of mine once worked for consulting firm that won a government contract. For the next nine months he was deployed with a Whitehall department to support digital transformation projects. The work started off well, but after a while, he and colleagues ran out of things to do, and began to be ignored. For ... Read more ›
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Revolut has warned that Brits are the most vulnerable to WhatsApp scams in Europe, as the neobank intensifies its demands liability to repay fraud to be handed to social media platforms. New research from the fintech has claimed that UK WhatsApp users lost on average £2,437 to scams last year, the most in the continent. ... Read more ›
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04.04.2025 01:58
Last update: 01:51 EDT.
News rating updated: 08:51.
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