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Revolut has posted a record pre-tax profit of £438m off the back of a 95% surge in revenue as the British fintech’s chief executive remains confident in securing a UK banking licence. The group posted revenue of £1.8bn for the year ended 31 December 2023. The results, released on Tuesday, represent Revolut’s third successive year ...
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UK Tech News
World’s first gigawatt-scale floating solar power system launches off China’s eastern coast. The 1,223-hectare installation has annual output of 1.78 billion kilowatt-hours. China has expanded its renewable energy portfolio with a pioneering floating solar power installation in the Yellow Sea. The one-gigawatt facility, activated by state-owned utility CHN Energy, transforms unoccupied ocean space into a... Read more » Read more ›
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Tallinn-based Grünfin, a sustainable investing platform focusing on environmental, social, and governance (ESG) factors is shutting its operation after four years. The company’s CEO Karin Neme made an official announcement on LinkedIn. “After over 4 years of building and running Grünfin, we let the world know with a heavy heart that we’re shutting it down. ... Read more Read more ›
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This November, save 74% off a 2-year plan and get 3 free months with our NordVPN discount code. Read more ›
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A Nvidia sales lead said in an email to colleagues that Musk's demand for chips was straining the company's supply chain, per The Wall Street Journal. Read more ›
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Get 10% off a website or domain, on any plan, with this exclusive Squarespace promo code from WIRED. Save on your next big project this November. Read more ›
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"And now I look across the table, and I just think, 'When am I going to have to change this guy's diaper?'" Teri Hatcher said. Read more ›
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Lava unveiled the Yuva 3 in February, and today, the brand announced the Yuva 4 as its successor. The Lava Yuva 4 comes with the Unisoc T606 SoC, 4GB RAM, up to 128GB storage, and Android 14. The Yuva 4 is built around a 6.56" HD+ 90Hz LCD and packs a 5,000 mAh battery with 10W charging support. For photography, you get an 8MP selfie camera on the front and... Read more ›
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Looking for new Pixels this year? Well, for better or worse, this year's lineup is as big as it gets. You have a choice between four Pixel 9 phones. But if you've narrowed down your choice to just the Google Pixel 9 Pro and the Google Pixel 9 Pro XL, we've got you covered as we'll be putting them head-to-head in this comparison based on our extensive review findings. We... Read more ›
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No Man's Sky didn't get off to the smoothest of starts, but eight years after its controversial launch, Hello Games' exploratory space sim has reached a significant milestone, finally gaining enough favourable player reviews on Steam to shift its overall rating to "Very Positive". Read more Read more ›
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Meta CEO Mark Zuckerberg reportedly met with Trump, who previously threatened to jail the Facebook founder. Read more ›
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Luxury cobblers previously told BI that Taylor Swift may have sparked an interest in Louboutins among Gen Z after wearing them on the Eras Tour. Read more ›
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Sleep experts at CNET have pushed the Helix Dusk Luxe to its limits. Read this review to see if it’s the right fit for you. Read more ›
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The UK's critical infrastructure still widely uses removable media, so how does it secure it? Read more ›
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Traveling for the holidays doesn't have to mean leaving your favorite streaming channels at home. My go-to streaming stick gets a big discount for Black Friday. Read more ›
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Marine biologists documented the never-before-confirmed behavior among orcas living in the Southern Gulf of California. Read more ›
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While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch for 10 more months, there are already plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models so far: Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and... Read more ›
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Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual congressional budget process. Read more ›
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UK Tech News
London’s transport board has vowed to take legal action against e-bike rental operators whose cycles get in the way of pedestrians and vehicles as it steps up efforts to combat obstructed pathways. Under updated guidance on dockless e-bike and e-scooter rental published today, Transport for London (TfL) has warned it will impound vehicles that get ... Read more ›
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HSBC Innovation Banking has poached Citi star Emily Turner as its new CEO as the lender at the centre of Britain’s tech ecosystem marks a new chapter in its growth. Turner departs her role at Citi as Head of Business Development, ending a 13-year career at the top US bank. Over the past decade, Emily ... Read more ›
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A clean tech startup is converting sawdust and woodchips into natural alternatives to essential chemicals in an effort to reduce the reliance on fossil fuel-derived products. Scotland-based Sonichem is working towards opening its first commercial plant in 2027, aiming to process up to 15,000 tonnes of forestry material a year as the UK government looks ... Read more ›
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Chris Ballance is the co-founder and CEO of Oxford Ionics, a startup developing a “trapped-ion” approach to quantum computer technology. In this week’s Founder in Five Q&A, Ballance discusses why founders should focus on the challenges they don’t understand as much as those that they do, motivating teams with a vision they can believe in and ... Read more ›
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In May 2024 UKTN released a regional tech report in partnership with KPMG putting a spotlight on the innovation, strengths and challenges faced by the Scottish tech industry. To explore the topic further, UKTN and KPMG brought together a group of experts in all things Scottish tech for a panel discussion on how the local ... Read more ›
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The cryptoasset market has surged these past few weeks, fuelled no doubt by the electoral victory of the newly pro-crypto Donald Trump and the elevation of longtime blockchain advocate Elon Musk to presidential confidant. Musk’s preferred coin Doge, for which his unofficial cabinet role as head of the Department of Government Efficiency was named, jumped ... Read more ›
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Revolut’s new network of vending machines could soon make their way to the UK after a successful European rollout. The machines, which offer free debit cards to prospective customers, have already been installed across a host of European airports including in Milan, Rome, Porto, Brussels and Helsinki. Revolut, which gained a provisional UK banking licence ... Read more ›
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The value of venture capital deals and valuations in the UK in the third quarter of the year is pacing above 2023’s full-year figures, though the number of rounds appears to have dropped, according to a new report. The European VC Valuations report from PitchBook found that the venture capital market has shown a promising ... Read more ›
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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 ›
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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 ›
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Most popular sources
Business Insider
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26% 2 |
Tech Wire Asia
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14% 9 |
CNET
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7% 4 |
Eurogamer.net
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7% 2 |
The Verge
|
6% 2 |
| View sources » | |
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28.11.2024 03:48
Last update: 03:40 EDT.
News rating updated: 10:41.
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