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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 – ...
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UK Tech News
The man was arrested after an 'incendiary device was ignited and thrown,' at a Tesla dealership in Loveland, Colorado, per police. Read more ›
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Trump said the nation would feel some financial pain due to tariffs. We're already in the thick of it. Read more ›
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Thousands of CDC employees who worked on things like preventing HIV and lead poisoning have been told they were subject to a reduction in force. Experts say people will die. Read more ›
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Justice Department Attorney General Pam Bondi says she wants Luigi Mangione to die if he's convicted of killing UnitedHealthcare CEO Brian Thompson. Read more ›
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The documents reveal a DOGE affiliate is attempting to transfer the headquarters of an independent think tank, the United States Institute of Peace, to the government at no cost. Read more ›
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The government will seek the harshest punishment in its prosecution of the accused executive killer. Read more ›
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China Miéville, known for his "new weird" fiction, said sci-fi is a reflection of the present rather than a road map to be followed. Read more ›
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Our world has too much information and not enough context. We’ve been hearing this a lot lately from those of you in our audience – understandably so, these are chaotic times. There is simply too much news, too many push alerts, too much confusion about what’s happening. It’s leaving many people feeling overwhelmed and at […] Read more ›
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On Sunday, a few thousand people in Green Bay, Wisconsin, gathered to hear Elon Musk speak â and give away two giant cardboard checks for $1 million. Attendance at the event was limited to people who had added their names to a petition against âactivist judges,â created by Muskâs America PAC. He has promised money […] Read more ›
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After weeks of “Tesla Takedown” protests, extremist groups are showing up to back Elon Musk’s beleaguered car company. Read more ›
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Trump signed an order cracking down on "unscrupulous middle-men" who profit from reselling tickets at an "enormous markup." Read more ›
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If you've been dreaming of salon-quality hairdos at a lower price, today is the perfect day to invest. Read more ›
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Smartphones are great. Theyâre also⦠a lot. The idea of a more balanced device, one that gives you all of the most important and useful features of a smartphone but keeps you out of the infinite-doomscrolling loops, has been an enticing one for a long time. Nailing that balance, though, turns out to be almost […] Read more ›
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Credit card interest rates, which averaged 23% in 2023, are significantly higher than any other major loan product primarily due to non-diversifiable default risk and banks' market power, according to research published by the Federal Reserve Bank of New York. The comprehensive study, which analyzed 330 million monthly credit card accounts, found that while high default losses contribute to elevated rates, they explain only part of the picture. Even high-FICO... Read more ›
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Toxie will star in Ahoy Comics' first ongoing series, simply titled The Toxic Avenger Comics, this July, ahead of Peter Dinklage's long-awaited Toxic Avenger movie. Read more ›
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Nearly all of the US Institute of Peace's staff were fired on March 28. Read more ›
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If you're looking to upgrade your PC's storage, this budget-oriented SSD from Crucial is now at its lowest-ever price. Read more ›
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An alleged X data breach has leaked the email addresses of more than 200 million users. Read more ›
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Prime Video's eight-episode supernatural series co-starring Jennifer Nettles and Beth Grant gets a binge release April 3. Read more ›
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UK Tech News
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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It has become an accepted reality that artificial intelligence (AI) across its various forms will fundamentally shape the future of countless sectors. Whether you’re in law, finance, construction or logistics, if there isn’t already an AI tool for you, someone is building it. As AI is incorporated into more and more industries, it’s important to ... Read more ›
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The UK government has awarded a £350,000 grant to hospitality tech firm Embargo to develop an AI model for its CRM platform as businesses are encouraged to embrace automation to achieve growth. The UK Smart Grant will support the construction of what Embargo has called the first fully automated, AI driven CRM platform for hospitality ... Read more ›
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The average stake held by British universities in their spinouts fell sharply in 2024 after encouragement from a government-sponsored review. Figures from the Royal Academy of Engineering and Beauhurst revealed that in 2024, the average university equity stake was 16%, down from 22% the previous year. Universities have been encouraged to take smaller ownership shares ... Read more ›
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AI-focused investment funds have delivered an average return of just 2.5% in the past year, having been outperformed by other sectors and generalist funds, according to new figures. Though artificial intelligence has attracted huge investment in 2024 – an estimated $110bn globally – AI funds offered a fairly modest rate of return, according to research ... Read more ›
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Labour’s second budget statement is taking place today, with Chancellor Rachel Reeves expected to announce a slew of fiscal policies including cuts to welfare spending, a boost in the defence budget and further measures to support the government’s plan for growth. The Office for Budget Responsibility is expected to present a blow to these ambitions ... Read more ›
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We live in an uncertain world. Or, as Rachel Reeves put it in the House of Commons this afternoon: “Mr speaker the world is changing. We can see it and we can feel it.” It was a platitude that the chancellor returned to over and over during her 30 minute Spring Statement before Parliament. Faced ... Read more ›
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EnSilica shares rose as much as 6% in early London trade after the semiconductor business unveiled a new contract worth $18m. The Oxford-based business did not name its new customer but said it was a “leading European based supplier of electromechanical products” and a deal using an Arm-based mixed signal sensor interface ASIC (application-specific integrated ... Read more ›
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London fintech Abound has ramped up its lending capacity with a new £250m financing deal with Deutsche Bank. The latest funding, which allows the firm to offer more consumer loans and takes its total lending capacity to £1.6bn, provides additional firepower to scale Abound’s operations, enhance financial inclusion, and modernise the lending sector. The financing ... Read more ›
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Wired
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Business Insider
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8% 14 |
MacRumors
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The Verge
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3% 1 |
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01.04.2025 13:25
Last update: 13:21 EDT.
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