The race for to get selected to build AI Growth Zones stepped up a gear today after the government said it would be welcoming expressions of interest (EOIs) for the scheme from local and regional authorities. Industry – including energy companies and data centre developers – is also being called upon to help drive forward ... Read more ›
0
Conigital, a West Midlands-based autonomous vehicle technology company that announced it had raised half a billion pounds in 2023, has appointed a liquidator as it winds down. Revealed in Companies House filings, Conigital – named so as a portmanteau of connected digital – filed a special resolution that said the company be wound up voluntarily. ... Read more ›
0
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 ... Read more ›
0
Tech professionals often have a lot on their plates, making staying organised key. Scribbled on sticky notes, managed through apps, or pencilled into planners – for most, to-do lists are the go-to strategy for time management. People swear by their benefits: a sense of accomplishment as each item is checked off, the convenience of having ... Read more ›
0
Haatch has secured an additional £10m investment from British Business Investments, a subsidiary of the British Business Bank, as it doubles down support for UK pre-seed B2B SaaS founders. The extra cash, which brings BBI’s total investment in Haatch to £20m, has been committed as part of its Regional Angels Programme, aimed at increasing access ... Read more ›
0
This week’s UK tech funding deals include smart electricity startup Ionate, investigation software provider Blackdot Solutions and more. UKTN tracked £40.2m worth of UK tech investment this week (3 February to 7 February), an 80% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Ionate – £13.6m Sector: Energy ... Read more ›
0
Shares in London-listed cloud data centre company Iomart fell by around 27% on Friday after reporting an increase in customer churn. The Glasgow-founded cloud provided said in a trading update that a recent acceleration in customer churn, along with lower renewal levels in private cloud managed services has had an “amplified impact on profit contribution”, ... Read more ›
0
Ari Last is the founder and CEO of Bubble, a childcare platform connecting nannies and babysitters with families. In this week’s Founder in Five Q&A, Last discusses hiring exceptional talent over blindly growing headcounts, the concerning impact of social media on kids and starting at his career as a football commentator for UEFA. What one thing ... Read more ›
0
Digital banks’ share of primary banking relationships fell in 2024, a survey has found, as traditional high street banks ramped up incentives and fine-tuned their tech offering to attract and retain customers. Neobanks accounted for 5% of primary banking relationships in the UK in 2024, down from 6% in 2023, according to a survey of ... Read more ›
0
A debt funding frenzy and a flurry of mergers and acquisitions in UK tech could be on the cards as the Bank of England cut interest rates for the third time in the past year. Britain’s central bank reduced the benchmark rate on Thursday from 4.75% to 4.5%, the lowest level since June 2023. With ... Read more ›
0
Cambridge-based ‘advanced intelligence’ software provider Blackdot Solutions has received a £4.5m round led by Maven Capital Partners. The funding will be used to scale the development of the company’s investigation software used by governments, law enforcement and corporates. The bulk of the investment will come from Maven’s Venture Capital Trust (VCT), with additional financing coming ... Read more ›
0
A former executive at adult content business OnlyFans has joined the C-suite team at Oh, a recently launched startup offering intimate chats with AI-generated models. Erika Coppel, who worked as the global head of creator experience and marketing at OnlyFans for over two years, will join the startup as its chief marketing officer, tasked with ... Read more ›
0
Data generated by quantum computers can now be used to train AI systems, following the unveiling of the world’s first generative AI quantum framework (Gen QAI) from computing giant Quantinuum. The Cambridge and Colorado-based firm – formed in 2021 through a merger between Britain’s Cambridge Quantum Computing and America’s Honeywell Quantum Solutions – said its ... Read more ›
0
The CFO of London-listed enterprise software provider Aptitude will step down as the company restructures it strategy. Mike Johns, who has been with Aptitude for more than seven years, will resign as its finance chief and board member after the release of its upcoming full year results for 2024. Aptitude said the decision was made ... Read more ›
0
A startup promising to modernise electrical power grid has raised $17m (£13.6m) in a fresh funding round. Founded in 2019, London-based IONATE has built a full stack solution that consolidates multiple power system functions into a single, cost-effective device, addressing the shortcomings of traditional offerings. The firm’s hardware Hybrid Intelligent Transformer replaces old transformers with ... Read more ›
0
A new data bill expected to become law in Spring could draw on the success of Open Banking to unlock £27bn of “smart data” economic growth, a new report has found. The Tony Blair Institute and Startup Coalition have called for a “smart data revolution”, which will be made possible by the passage of the ... Read more ›
0
Funding raised by UK tech companies in January reached a six-month high, brought on by a surge in AI investments, fresh figures from UKTN have found. Across January, UKTN tracked £794.3m worth of funding rounds for British tech firms, almost double the average amount raised across the previous six months (£433.7m). The encouraging numbers ... Read more ›
0
Sales of Tesla vehicles slipped as much as 12% in January despite it being the best month on record for the EV market in the UK, fresh data has found. A total of 1,416 Teslas were registered in January, a drop of 188 compared to the same time last year, according to figures by New ... Read more ›
3
European venture capital firm Cherry is launching a $500m (£402m) fund with the goal of finding the continent’s first trillion-dollar technology company. There are currently 10 companies in the world valued at over $1tn, all of which are based in the US, with the singular exception of the state-owned oil giant Saudi Aramco. Europe, by ... Read more ›
0
Oxford-based Sophos has acquired US cybersecurity firm SecureWorks in a $859m deal. The transaction will make Sophos the largest pure-play Managed Detection and Response (MDR) provider, supporting more than 28,000 organizations. US computing giant Dell, which controls around four-fifths of the share capital of the Nasdaq-listed business, had reportedly been seeking a private sale of SecureWorks ... Read more ›
0
Most popular sources
ScienceDaily
|
0% |
Firstpost Tech
|
0% |
Startup News
|
0% |
Tech Wire Asia
|
0% |
ReadWrite
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
10.03.2026 18:30
Last update: 18:20 EDT.
News rating updated: 00:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.