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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 ...
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Alfredo Linares and Raegan Kline closed their business to move to Mexico, but it was worth it to avoid getting separated if Linares was deported. Read more ›
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Marian Barry, 70, was exhausted from working as a travel nurse during the pandemic, so she moved into a trailer and lives and volunteers in parks. Read more ›
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He said about the unilateral tariffs: "You don't have to use it. You don't have to shop in the United States, as I say." Read more ›
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Whether it's weird workout classes or wild exercise devices, the rise of Ozempic is supercharging America's desire for quick-fix fitness hacks. Read more ›
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Some people are speculating that Google is planning to discontinue AOSP, but the company says these claims are false. Read more ›
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Back at Google I/O, Google announced that it was indeed making a desktop mode or desktop windowing feature for Android 16 that would allow you to connect a phone to a display and get a desktop-like experience. They had worked with Samsung on it, because of their expertise from their DeX product, and planned to … Continued Read the original post: Android 16’s Desktop Mode Arrived in QPR1 Beta 2,... Read more ›
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Mykhailo Drapatyi, a 42-year-old general who took command as Ukraine pushed for military reform, said he replaced half of the leaders under him. Read more ›
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French startup Kolet has secured $10M (approximately €9M) in Series A funding led by Daphni to advance its digital eSIM connectivity platform for travellers. Founded by Eduardo Ronzano, Anne-Carole Cöen, Jérémy Gotteland, and Mehdi Chraibi at the beginning of 2024 in Paris, the startup has now raised a total of €14M across two funding rounds ... Read more Read more ›
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A Marine Corps spokesman told BI there were concerns about prank calls, harassment, and doxxing of leaders and their families amid the protests. Read more ›
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Huawei just announced the Pura 80 family, including a new Ultra. As has become the norm for the company, it didn’t reveal which chipsets are powering these phones – officially, Huawei only says that they are 36% faster than their Pura 70 counterparts and that’s it. The Huawei Pura 80 Pro+ and 80 Ultra are powered by Kirin 9020 Folks over at Weibo already shared some hands-on photos with the... Read more ›
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Connections: Sports Edition is a New York Times word game about finding common sports threads between words. How to solve the puzzle. Read more ›
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The defense contractor's shares fell on Wednesday amid a report that the Pentagon was only requesting 24 F-35s from Congress. Read more ›
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Editor’s Note: This post was created in collaboration with and with financial support from EIT Digital. If you’re also interested in partnering with us, just reach out. Got a bold tech idea but unsure how to take the first step? Across Europe, countless aspiring entrepreneurs are sitting on innovative concepts—solutions that could reshape industries, solve pressing challenges, or even ... Read more ›
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Schultz said he did a "cartwheel in my living room" when he heard Niccol's turnaround plan for the coffee chain. Read more ›
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Tesla, which is battling a global sales slump amid backlash against CEO Elon Musk's political interventions, saw its sales in the UK fall 36% in May. Read more ›
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Klarna CEO Sebastian Siemiatkowski has already used AI to replace himself during earnings reports, and now Klarna is using AI to clone him another way: through an AI-powered phone hotline. The hotline is now open for users to provide feedback to an interactive AI version of Siemiatkowski that’s trained on his “real voice, insights, and […] Read more ›
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President Donald Trump said the deal with China is "done." His former Commerce Secretary told Business Insider it's far from comprehensive. Read more ›
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AI-powered legal tech company, Definely, has raised $30m (£22m) in Series B funding to accelerate its global expansion and AI product roadmap. The round includes investors from Europe and North America, and it is led by growth investor Revaia, alongside Alumni Ventures, Beacon Capital, and legal tech giant, Clio. Early investors, including Octopus Ventures, Zrosk ... Read more ›
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EthicAI, a University of Cambridge spinout operating in ethical and responsible assurance of AI, has launched a cloud-based AI assurance SaaS platform. The launch of BeehAIve aims to solve the problems traditionally created by AI models such as fairness and bias, transparency and impact on employees. BeehAIve scrutinises models and datasets against 15 ethical dimensions, ... Read more ›
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The Gibraltar government has enlisted climate tech company IES to create the territory’s first dynamic simulation engine for compliance with local building regulations. Glasgow-based IES has unveiled a bespoke Dynamic Simulation Modelling (DSM) tool to help building professionals meet Gibraltar’s Part F energy regulations for new buildings and extensions. The modelling platform was funded through ... Read more ›
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London-listed fintech group Wise has announced its intention to move its primary public listing to New York in a potential blow to the UK public markets. Announced in the company’s results for the year ended March 2025, Wise said it would be seeking a dual listing in the US to “accelerate our mission and bring ... Read more ›
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A life science startup developing a “virtual scientist” drug discovery platform has secured a pre-seed investment of £1.6m. Kiin Bio said the new investment would allow it to launch its platform using generative AI to speed up the process of developing new treatments. The drug discovery market has been a major adopter of automated technologies ... Read more ›
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It’s no secret that the UK has a long-term growth and productivity problem. The Office for Budget Responsibility (OBR) recently revised its GDP growth forecast for 2025 downward, from 2% to 1%, reflecting the negative impact of domestic business policies and the continued instability in global markets. Against this backdrop, the government – like so many ... Read more ›
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In an extremely competitive tech industry, firms can be eager to keep company secrets close to their chests. However, amid the flurry of stories detailing cyber-attacks and data breaches against some of the country’s most recognisable brands, businesses of any size may have to consider the unthinkable, sharing company secrets with the competition. In the ... Read more ›
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Customer experience agency Brandwidth has partnered with Uber Boat by Thames Clippers to design and develop a new native mobile app on iOS and Android. The native mobile app, available now via the App Store and Google Play, will allow users to buy tickets, plan journeys and access the River Guide. The app will service passengers ... Read more ›
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The UK’s financial watchdog will lead a consortium of international regulators to tackle the recent phenomenon of illegal ‘finfluencers’. The Financial Conduct Authority (FCA) has been carrying out a targeted campaign against social media influencers promoting high-risk investments in areas such as forex and cryptoassets since 2022. The FCA has so far made three arrests ... Read more ›
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Lisa Jacobs, chief executive of Funding Circle and speaker at this year’s London Tech Week, discusses the funding gap for scaleup stage tech businesses in the UK and the role of financial regulation in addressing it. Is enough being done to address the UK scaleup funding gap? The UK has an established reputation as a ... Read more ›
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12.06.2025 04:40
Last update: 04:36 EDT.
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