Appleâs mobile browser is âholding back innovationâ, the UKâs competition watchdog has warned in its latest Big Tech broadside. The Competition and Markets Authority (CMA) said the Californian firmâs Safari app determines what competing mobile browsers can do on iOS, the operating system of iPhones and iPads, limiting the extent to which competitors can differentiate ... Read more âș
0
Spinout tech firms could see a funding boost as the investment arm insurance giant Aviva injects ÂŁ15m into Oxford Science Enterprises. Oxford Science Enterprises, which invests in spinout companies via a partnership with the University of Oxford, will use the new capital to finance local startups as the government ramps up ambitions for growth in ... Read more âș
0
The UKâs competition watchdog is to review its approach to merger decisions it responds to government pressure to be more pr-growth. The Competition and Markets Authority (CMA) said it will look at both process and how it can strike the right balance between different types of remedies, amid a wide-ranging call for evidence. Alongside this, ... Read more âș
0
The UK payments regulator could be scrapped as the government doubles down on its commitment to slash red tape. City Minister Emma Reynolds said the government plans to bring the remit of the Payment Systems Regulator (PSR) into the Financial Conduct Authority (FCA). Writing to Dame Meg Hillier, chair of the Treasury Committee, Reynolds said ... Read more âș
0
The founding CEO of Immersive Labs is to step down after eight years at the helm of the cybersecurity firm. 44-year-old James Hadly, who founded the Bristol-based business in 2017, will retain his board seat as he transitions to the new role of Chief Innovation Officer. He will be replaced by Mark Schmitz, the former ... Read more âș
0
Mimo, an SME financial management and payments platform, has raised $8.5m (ÂŁ6.6m) less than year after closing a ÂŁ15.5m seed round. The new funding will support the development of Mimoâs business-to-business payments solution as well as expand its headcount. âWeâve been continually learning from these conversations to iterate and improve the platform to help both ... Read more âș
0
The majority of the UK does not trust AI to provide healthcare support, research has found, underscoring the challenge facing the government as it pushes for the sector to adopt automated solutions. Less than a third (29%) of people in Britain would trust AI to provide basic healthcare advice, and just 15% would feel comfortable ... Read more âș
2
The firm behind the worldâs first quantum computing system-on-a-chip, is installing the UKâs first-of-its-kind cross-qubit scaling platform at the National Quantum Computing Centre (NQCC) in Oxfordshire, UKTN can reveal. SEEQCâs digital chip-based technology, powered by its Single Flux Quantum (SFQ) architecture, will power the core of the cross-qubit platform at NQCCâs Harwell Campus. SEEQC will ... Read more âș
0
Cloud Gateway has secured a ÂŁ1.5m investment as part of a strategic shift into the ânetwork-as-a-serviceâ (NaaS) market under new CEO Dan Kline. Kline has been appointed as chief executive to oversee Cloud Gatewayâs expansion of its managed service provider (MSP) business into a full-service NaaS platform that will see its network infrastructure products be ... Read more âș
0
The auditors for Curve have warned on the âmaterial uncertaintyâ of its ability to continue operating over the next year as the firm battles to cut its losses. The London fintech has slashed its headcount by more than a third as well as suspending operations in the US in an effort to reduce cash burn. ... Read more âș
0
The co-founder of ClearBank has stepped down as CEO after nine years at the helm of the London fintech. 63-year-old Charles McManus has stepped away from the day-to-day running of the organisation but will continue to support the business on the board as a non-executive director, the company said. He will also remain as co-chair ... Read more âș
0
A new UK AI industry body backed by the University of Oxford and the British Standards Institution (BSI) has launched to support engineering and AI adoption. TechWorks-AI, which launched in the former HQ of Alan Turingâs codebreakers and site of the AI Safety Summit Bletchley Park, is an engineering hub that aims to support best ... Read more âș
0
E-commerce business Boohoo is to rebrand to Debenhams Group after its transformation of the eponymous firm from a department store chain into an e-commerce business. The company said Debenhamsâ turnaround plan, which saw it bought out of administration in 2021 with all its physical stores shut, would now serve as a âblueprintâ for the rest ... Read more âș
0
The projected $18.3 trillion in wealth to be transferred globally by 2030 is expected to be the largest intergenerational transfer of assets in history. However, this great wealth transfer brings with it a problem for families whose assets are tied up in their own businesses. There is a risk that the private market is not ... Read more âș
0
This weekâs podcast guest is Martin Woodward, who discusses how the benefits of open source culture still exist in a hyper-capitalist society, but tech has moved away from the idealism of early open source, what the future of software development might look like and way coders donât necessarily have to be afraid that AI will ... Read more âș
0
Recent contracts granted to the British space sector will deliver more than ÂŁ1bn to the UK economy as figures released on Tuesday reveal a record quarter for the industry. Britainâs space sector had its most successful quarter on record at the end of 2024 for contracts secured from the European Space Agency. British companies received ... Read more âș
0
Wayve, the UKâs most valuable autonomous vehicle company, has successfully tested its AI adaptive driving model in US streets in a major milestone towards a wider rollout of self-driving vehicles. The London-based group tested AV2.0, a foundational AI model it developed to allow autonomous vehicles to adapt to the driving behaviours of where it has ... Read more âș
0
British Airways parent company International Airlines Group (IAG) will invest up to âŹ200m (ÂŁ168.1m) in tech startups through a new venture capital arm. IAGi Ventures will look to back tech innovations that can support the aviation industry, from sustainable fuels to airport operations support. âAdopting new technologies will improve our business and the value we ... Read more âș
0
An Aquis-listed small-cap investor has warned 2024 was a âdifficult yearâ in the public markets as it posted widening losses. Gledhow Investments, which builds up positions in fast-growing AIM, LSE and Aquis Exchange traded companies, complained of poor liquidity on the Aquis exchange as it reported a fall in the value of its portfolio. âUK ... Read more âș
0
The UKâs tech department is switching to a âstartup mindsetâ for funding AI projects for the public sector to cut down on âoverly complex spending approval processesâ. Throughout the government there has been strong ambitions to deploy artificial intelligence tools throughout its digital processes â part of its growth ambitions to boost efficiency and cut ... Read more âș
0
Most popular sources
Wired
|
30% 4 |
Business Insider
|
27% 1 |
Gizmodo
|
10% 5 |
Vox
|
6% 3 |
The Verge
|
5% 4 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
01.04.2025 22:24
Last update: 22:15 EDT.
News rating updated: 05:10.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.