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Oscar Hornstein @ UK Tech News · 05/10/2022 05:15 EDT

Mental Health Awareness Week: How to stop employee burnout

In the fast-paced tech startup world, burnout is a pernicious problem. Demanding hours and workload can have damaging effects on employees’ mental health, making them feel emotionally and physically drained. Often, employees aren’t aware of the early signs that burnout is taking a toll on their mental health. Burnout was recently recognised by the World ... Read more â€ș

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UK Tech News
George Simister @ UK Tech News 1 place · 05/09/2022 07:47 EDT

Child influencers: MPs call for employment law revamp to stop ‘exploitation’

MPs have called for tougher laws to protect child influencers who have found fame on social media platforms such as TikTok and Instagram. A report published by the Digital, Culture, Media and Sport (DCMS) Committee found that employment laws have not kept pace in the digital age, and that some children are being pressured and ... Read more â€ș

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UK Tech News
George Simister @ UK Tech News 2 place · 05/09/2022 07:39 EDT

Sadiq Khan courts Silicon Valley for London tech investment

Mayor of London Sadiq Khan has begun a tour of the US aimed at attracting international investment into the capital, including a trip to Silicon Valley to meet senior tech executives. Khan said he would “bang the drum for London” to help boost tourism and tech investment amid the capital’s economic recovery from the pandemic. ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 05/09/2022 07:13 EDT

Thousands stolen in London ‘crypto muggings’ crime wave

Police have warned digital asset investors of a wave of “crypto muggings” in London, following a series of crime reports sent to The Guardian. While cybercrime usually takes place online, London police have revealed that criminals are stealing mobile phones on the street specifically to steal cryptoassets such as Bitcoin. One of the cases includes ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/09/2022 06:14 EDT

UK households warned against using BNPL to cover surging energy costs

UK households have been warned against resorting to buy now pay later (BNPL) finance to cover surging energy costs. Spreading energy bills over multiple payments using the BNPL financial model has been described as a “really worrying” and “desperate” development by consumer groups. BNPL is an instalment-based payment option provided by companies such as Zilch, ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 05/09/2022 02:30 EDT

Level playing field needed to stop Big Tech data harvesting – report

The Bank for International Settlements (BIS), a global financial institution, has called for companies and individuals to be given a greater level of control over how their data is collected by Big Tech firms. The BIS paper said that despite the introduction of data protection and transparency laws across various international territories, most individuals remain ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 05/06/2022 09:14 EDT

Musk’s free speech vision for Twitter faces Online Safety Bill ‘roadblock’

Elon Musk’s plan to make Twitter a “free speech” hub following his $44bn takeover of the social media network could see the platform face an “immediate roadblock” from the UK government’s proposed Online Safety Bill. Announcing the deal to buy Twitter last month, Musk said: “Free speech is the bedrock of a functioning democracy, and ... Read more â€ș

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UK Tech News
George Simister @ UK Tech News 1 place · 05/06/2022 08:05 EDT

SaaScada scoops ÂŁ2.5m to help neobanks launch banking services

Fintech startup SaaScada has secured ÂŁ2.5m in seed funding from over 10 investors hailing from the banking and private investment sectors. SaaScada will use the fresh capital for growth and expansion in the banking sector and is targeting digital challenger banks, or neobanks. The company’s cloud banking platform is used by financial institutions to deploy ... Read more â€ș

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UK Tech News
George Simister @ UK Tech News 2 place · 05/06/2022 07:27 EDT

Arm co-founder: London ‘too small’ for IPO, calls for dual listing

The co-founder of the company that created Arm has said London is “too small” for the semiconductor firm’s IPO and said a co-listing with New York is the “natural solution”. Hermann Hauser, co-founder of Acorn computers, which later span out chip designer Arm, said that “there isn’t the liquidity for technology stocks in London”. Speaking ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 05/06/2022 07:24 EDT

Matt Hancock on crypto: ‘You may lose everything, but you may not, right?’

Former Health Secretary Matt Hancock has said it is his “mission” to support the development of crypto and cryptoassets in the UK. In an interview with City A.M. the former cabinet minister reaffirmed his position as a proponent of the cryptosasset industry, saying his goal is to make the UK “embrace” blockchain technology. “My mission ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 05/06/2022 06:37 EDT

‘Crypto Twitter’? Binance backs Elon Musk takeover bid with $500m funding

Cryptocurrency exchange Binance is contributing $500m towards Elon Musk’s $44bn (ÂŁ35.6bn) Twitter takeover, in a move that Binance’s chief executve has described as a move towards “crypto Twitter”. A regulatory filing shows that Musk has secured $7bn (ÂŁ5.6bn) from a series of companies and wealthy backers to support the Twitter acquisition. Among them are the ... Read more â€ș

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UK Tech News
Robert Scammell @ UK Tech News · 05/06/2022 03:00 EDT

Founder in Five: Q&A with Gophr CEO Seb Robert

Seb Robert is the CEO and founder of Gophr, a logistics company that has built a platform for same-day delivery couriers. Robert founded Gophr in 2014 after becoming frustrated with poor courier experiences. His company is aiming to reimagine last-mile delivery by using software to match couriers with the most efficient delivery option for businesses. ... Read more â€ș

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UK Tech News
George Simister @ UK Tech News 1 place · 05/05/2022 07:40 EDT

Cipio Partners launches ÂŁ170m fund for growth-stage tech startups

Luxembourg-headquartered Cipio Partners has launched its €202m (ÂŁ170.4m) fund VIII to invest in European and UK growth-stage technology statups. Fund VIII’s capital came from institutional and family office investors in Europe and the US. Institutional investors included sovereign investors, banks and insurance businesses. Most of the investment came from investors in Cipio Partners’ €174m (ÂŁ146m) ... Read more â€ș

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UK Tech News
George Simister @ UK Tech News · 05/05/2022 07:25 EDT

Glasgow to home ÂŁ30m tech hub for spinouts and startups

Bruntwood SciTech today has acquired Glasgow’s Met Tower from Osborne & Co for ÂŁ16.2m to covert it into a new Glasgow hub for tech and digital businesses. The 14-story, Grade B listed former City of Glasgow College building has remained unoccupied since 2014 and will undergo a ÂŁ30m transformation programme. When complete, the building will ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/05/2022 07:05 EDT

NCSC calls on tech firms to tackle rogue apps, but has the ‘horse already bolted’?

The UK’s National Cyber Security Centre (NCSC) has called on the tech industry to help protect consumers from rogue apps. A report from the NCSC showed that millions of pounds are being lost by consumers due to rogue apps set up by scammers to harvest data and spread malware. The NCSC also highlighted risks associated ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 05/05/2022 05:48 EDT

Ocado approves ÂŁ100m CEO bonus despite rebel shareholder votes

Around two-fifths of shareholders at British online grocery delivery company Ocado have voted against the executive bonus plan to give CEO Tim Steiner a ÂŁ100m payout over the next five years. A recent shareholder vote saw just over 29% reject the company’s previously devised remuneration policy. Ocado’s remuneration committee sought approval for a three-year extension ... Read more â€ș

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UK Tech News
Nebeus @ UK Tech News 2 place · 05/05/2022 04:00 EDT

How to fund your business with Nebeus crypto-backed loans

Funding your business is a core financial decision – and struggle – that a company needs to make – and overcome – to thrive. Crypto-backed loans solve the obstacles of traditional banking funding, providing flexibility, accessibility, and an accelerated resolution process. Nebeus Business Crypto-backed Loans allow companies and accredited investors to take a loan from ... Read more â€ș

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UK Tech News
Robert Scammell @ UK Tech News 1 place · 05/05/2022 03:00 EDT

UKTN Podcast: Fintern founders on using open banking to ‘fix’ consumer lending

The latest UKTN Podcast is out now. This week’s guests are the founders of fintech company Fintern, Gerald Chappell and Dr Michelle He. Founded in 2020, Fintern provides consumer lending to those rejected by high street banks. Customers link their accounts using open banking so Fintern can “X-Ray finances” and look beyond traditional credit scores. “What that ... Read more â€ș

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/04/2022 11:12 EDT

MP invites Elon Musk to London to discuss Twitter takeover

Elon Musk has been invited to meet with British MPs to discuss his recent $44bn (ÂŁ34.5bn) acquisition of Twitter. Conservative MP Julian Knight has written to Musk regarding some of the pledges the billionaire entrepreneur made about the future of the social media company. While no concrete decisions have been made on how Musk will ... Read more â€ș

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UK Tech News
George Simister @ UK Tech News · 05/04/2022 09:46 EDT

This company has raised ÂŁ1.5m to remove crypto payment volatility

Crypto payments provider Cheq wants to remove the price volatility associated with buying digital cryptocurrencies such as Ethereum. Cheq has raised $2m (ÂŁ1.5m) in its pre-seed funding round led by Connect Ventures and will use it to “establish itself” as the default option for paying with stablecoins that are tied to the US dollar. The ... Read more â€ș

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