133 place 2
London-based investment firm Fuel Ventures has launched a £50m venture capital trust (VCT) to be listed on the London Stock Exchange. The VCT has been launched with support from Titan Alternatives Ltd and will target 30 investments in high-growth tech innovation over the next three years. The VC firm said funds from the VCT will ...
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Donald Trump has tapped Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency. Read more ›
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Fortnite has just made its Chapter 6 launch trailer available to view in-game, revealing fresh details about the evergreen battle royale's latest revamp. Read more Read more ›
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Google ads business threatened with legal action in Canada, and it could result in drastic changes. Read more ›
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Last fall I was in the thick of a home renovation project, doom scrolling thousands of light fixtures in search of clean, modern designs I didn’t hate. While I would normally consult my Verge colleagues for the best Black Friday TV and laptop deals, it did not initially occur to me to check for seasonal deals on the more contractor-oriented category of hardwired LED light fixtures. In fact, a lot... Read more ›
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25
This week’s UK tech funding deals include travel analytics platform Lighthouse, e-waste recycling group DEScycle, X-ray innovator Silveray and more. UKTN tracked £343.2m worth of UK tech investment this week (18 November to 22 November), a 162% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Lighthouse – ... Read more ›
0
Monzo co-founder and former CEO Tom Blomfield has blasted competition regulators as “religious zealots” amid proposals to force Google to sell its Chrome browser. Last week, the US Department of Justice proposed a major breakup in Google’s business structure that would see the tech giant forced to sell the world’s most popular web browser to ... Read more ›
0
On Saturday night, over 1,000 Revolut customers were gathering in a basement auditorium in central London for a special event. The Canary Wharf-based company was marking a significant milestone: in just a decade since it was founded, it had reached a mind-blowing 50 million customers. Eager not to pass up the chance for a blow-out ... Read more ›
0
Cryptoassets are “here to stay”, the Economic Secretary to the Treasury Tulip Siddiq has said in a speech outlining the government’s approach to regulating the industry. Speaking at the Tokenisation Summit hosted by City and Financial Global, Siddiq assured the crowd that while regulatory developments in the UK for the crypto sector have “seemed quiet”, ... Read more ›
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This week’s podcast guest is Suranga Chandratillake, general partner at Balderton Capital, who discusses why narratives about the UK underperforming in funding compared with the giants in the US might not be fair, why more unicorns shouldn’t necessarily be considered the main goal for British businesses and why Labour’s budget isn’t as damning for entrepreneurs ... Read more ›
0
A Lancaster-based manufacturer of tech products for the maritime industry has proposed delisting from the Aquis exchange amid concerns that it does more harm than good. OTAQ, which was listed on the London-based challenger stock exchange in 2018, warned that the share price volatility, limited flexibility and limited access to investors were harming the business. ... Read more ›
0
Monzo has brought on a former executive from Brazilian fintech Nubank as its new group CFO following the departure of James Davies. Tom Oldham, who most recently worked as the chief investment officer at the carbon credit fund manager Mombak, will oversee Monzo’s financial strategy as the company plans to expand overseas. “I’ve been a ... Read more ›
0
A surge in the demand for data centres driven by the adoption of AI technology has made the “increased power needs” the “biggest challenge” faced by the industry, according to Glasgow-founded cloud solutions group Iomart. Speaking to UKTN, Iomart CEO Lucy Dimes said that despite AI hype kicking off in 2022, the company, which provides ... Read more ›
0
A university spinout seeking to transform the energy capacity of batteries has raised $4.6m (£3.6m) in a fresh funding round. Cambridge-based Moylon, which was founded earlier this year, hopes to use sulphur, one of the most abundant elements on Earth, to develop lithium-sulphur batteries, which it claims have much higher energy density than traditional lithium-ion ... Read more ›
0
Most popular sources
Business Insider | 37% 10 |
CNET | 9% 2 |
Gizmodo | 7% 2 |
The Verge | 6% 2 |
Android Authority | 6% 2 |
View sources » |
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29.11.2024 10:55
Last update: 10:46 EDT.
News rating updated: 17:42.
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