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The finance chief of London-listed fintech CAB Payments has stepped down after almost a decade at the foreign exchange and cross-border payment firm. Richard Hallett was named the CFO and executive director of CAB Payments and its subsidiary Crown Agents Bank in 2016, during which he oversaw, among other things, the company’s initial public offering ...
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UK Tech News
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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As the cloud giant spends billions on the AI race, it reassures investors that it is still "very good" at doing things on the cheap. Read more ›
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Gas prices have been steadily increasing due to strikes in Iran since the end of February, but now gas has hit $8 a gallon in one U.S. city. Read more ›
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Apple is set to launch two new low-cost devices tomorrow, the iPhone 17e and the MacBook Neo. Both devices use A-series chips, which have historically been limited to the iPhone and iPad. The MacBook Neo has Apple's A18 Pro chip inside, which was first used in the iPhone 16 Pro models, while the iPhone 17e has a newer A19 chip. Unsurprisingly, thanks to the newer chip, Apple's $599 iPhone outperforms... Read more ›
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Software giant throws its weight behind the AI start-up’s lawsuit challenging its designation as a supply chain risk Read more ›
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Is investing in consumer startups back? Well, it’s back from the dead.When we broke the news of fashion e-tailer Quince’s $10 billion valuation last week, I thought maybe I was back in 2021. It wasn’t long ago that direct-to-consumer brands like Warby Parker and Daily Harvest and more were raking in investment dollars. But following some startups’ disappointing public debuts and low-priced acquisitions, venture funding for consumer startups almost came... Read more ›
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Airlines are canceling Middle East flight routes due to the conflict in Iran, with some canceling weeks in advance or more. Read more ›
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Nvidia commits $4 billion to Lumentum and Coherent, advancing optical interconnects and AI tools for next-generation data centers. Read more ›
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Ravi Gupta, a partner at Sequoia Capital, and John Hegeman, former chief revenue officer at Meta, are raising at least $1 billion for their new venture called Ithaca Holdings, a Berkshire Hathaway-style holding firm that will find acquisition targets and drive growth in part by using artificial ... Read more ›
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Cancer often begins when the genetic instructions that guide our cells become scrambled, allowing cells to grow uncontrollably. Now, scientists at EMBL have developed an AI-powered system called MAGIC that can automatically spot and tag cells showing early signs of chromosomal trouble—tiny DNA-filled structures known as micronuclei that are linked to future cancer development. Read more ›
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Microsoft on Tuesday backed Anthropic’s federal court request to temporarily block the Pentagon from cutting business ties with the AI firm, arguing that the Pentagon’s action could harm Microsoft’s business and the broader tech sector. In a filing Tuesday, Microsoft told a federal judge it ... Read more ›
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Confidential Samsung SDI documents reveal the company testing batteries nearly four times the S26 Ultra's capacity. The ambition is hard to argue with. The test results are harder to ignore. Read more ›
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"Due to late-stage design changes, the potential risk of uncontrolled reentry increased." Read more ›
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An anonymous reader quotes a report from IEEE Spectrum: Worried that your latest ask to a cloud-based AI reveals a bit too much about you? Want to know your genetic risk of disease without revealing it to the services that compute the answer? There is a way to do computing on encrypted data without ever having it decrypted. It's called fully homomorphic encryption, or FHE. But there's a rather large... Read more ›
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Today marks the end of pre-orders and the start of global availability for the Galaxy S26 series. The new flagship series is a smash hit with a “double-digit” percentage increase in pre-orders. Correction, the Galaxy S26 Ultra is a smash hit, while the other two models are also-rans. Samsung reports that the S26 Ultra accounted for 70% of pre-orders. Presumably, this is for global pre-orders since the number matches the... Read more ›
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Oracle execs tried to calm investor fears that AI will replace traditional software tools. Read more ›
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Jacks, wrenches, and other simple hand tools are essential for a safe and effective garage, allowing mechanics to tackle repairs with precision and confidence. Read more ›
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Microsoft said the effective blacklisting of Anthropic "imposes substantial and wide-ranging costs and risks" on the company. Read more ›
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UK Tech News
Oxford-based autonomous vehicle technology company Oxa has announced a new $103m (£77.2m) Series D funding round that will support the company’s commercialisation of its product. While many prominent autonomous driving tech firms are developing consumer-facing self-driving taxis and personal cars, Oxa is focused on the industrial applications of self-driving vehicles. With the new investment secured, ... Read more ›
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The British government is launching a new UK AI research lab backed by up to £40m to host new breakthroughs. Part of its ambition to elevate and maintain the country’s position in global AI, the lab will see researchers invited to pitch ideas, secure project funding and access large-scale computing power. The government hopes the ... Read more ›
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VC funding into British businesses is increasingly concentrating into larger bets on fewer firms, with the AI sector being a top beneficiary. According to new research from NatWest, UK startups raised £17.5bn across more than 2,000 deals last year, with a clear trend forming favouring larger rounds. In the bank’s latest Future of UK Innovation report ... Read more ›
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Shellworks, a biomaterials startup that has developed a sustainable plastic alternative, is preparing to expand into the US and Europe off the back of a $15m (£11.2m) Series A round. The company’s flagship creation is Vivomer, a material developed over six years made by using microbes to ferment second generation feedstocks like used cooking oil. ... Read more ›
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At a time of intense geopolitical tension, any reliance on foreign imports exposes a country to some risk. But as the British government attempts to use advanced technology to lift the country out of its economic slump, its longstanding dependence on overseas suppliers for battery materials could become one of its most dangerous positions. Required ... Read more ›
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British companies developing satellite communications technology are set to receive a share of £30m of government funding from the UK Space Agency. Announced on Wednesday by Space Minister Liz Lloyd, the move from the government agency comes as the UK looks to secure a lucrative share of the £40bn global satellite market. The new investment ... Read more ›
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Mutable Tactics, a robotics company developing a new approach to managing the operation of military drones, has secured a $2.1m (£1.57m) pre-seed investment. While unmanned systems have become the norm for modern defence forces, Mutable Tactics claims the traditional operation of drones is bogged down by having a single operator controlling a single device at ... Read more ›
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The vast majority of UK business leaders believe their role has become significantly more complex in the past six years amid the rise of AI and rapidly changing risks and opportunities. As many as 73% of senior decision-makings within UK businesses feel that their roles have become more complex since 2020, according to a study ... Read more ›
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British Business Bank has committed £20m to the latest fund from Northern Irish private equity group Cordovan Capital Management. The deal from the UK development bank was made as part of its recently adopted growth equity strategy, which encourages it to invest in PE funds backing smaller, high-growth businesses. Founded in 2011, Belfast-based Cordovan specialises ... Read more ›
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When I was 17 and wrestling with A-levels, my school careers advisor had a suggestion. “You like science,” she said. “Have you considered nursing?” Nursing is an admirable career choice. But the presumption that a working-class girl from Reading who liked biology should aim for a caring profession rather than a research career has stayed ... Read more ›
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10.03.2026 20:06
Last update: 20:00 EDT.
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