Generative AI technology could increase inequalities, according to a new report from the Digital Poverty Alliance (DPA). The report, unveiled in parliament, found that across England, local authorities have no oversight of the use of AI in education, with children facing digital poverty vastly less likely to be able to use the technology. The DPA ... Read more ›
0
The first codes of practice for tech firms operating in the UK have been published by Ofcom as the regulator prepares to implement online safety legislation. The watchdog published the first edition of its ethical guidance for digital businesses on Monday. The codes of practice have been released as part of the Online Saftey Act ... Read more ›
0
Edinburgh-based health tech company Concinnity Genetics has closed an overscribed funding round worth £3m. Founded in 2023, Concinnity Genetics is a spinout developing novel gene therapies with control mechanisms. “Our ambition is to be the go-to partner for gene control to make gene and cell therapies as safe as possible,” said Jessica Birt, CEO and ... Read more ›
0
This week’s UK tech funding deals include AI hyperscaler company Nscale, interactive 3D model builder Partful and more. UKTN tracked £132.5m worth of UK tech investment this week (9 December to 13 December), a 10% week-on-week decrease across three funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Nscale – £122.5m Sector: AI ... Read more ›
0
Semiconductor researchers and companies are being invited by the British government on a mission to South Korea to build a collaborative research and development network. Announced by the Department for Science, Innovation and Technology (DSIT), those working in the microchip sector are being invited to apply for the trip that will see them work directly ... Read more ›
0
The UK’s payments regulator is proposing a cap on cross-border card fees after expressing ‘concerns’ over recent hikes to fees by both Visa and Mastercard. The Payment Systems Regulator (PSR) is launching a consultation on implementing a price cap remedy, to prevent businesses from overpaying excessively high cross-border fees. Over the course of 2021 and ... Read more ›
0
Danyal Özdüzenciler is the co-founder and CEO of Capsa AI, an automated operating system for the private equity industry. In this week’s Founder in Five Q&A, Özdüzenciler discusses working in an area you really understand, prioritising the right tasks and disconnecting from work and technology. What advice would you give to a first-time founder? My advice: ... Read more ›
0
Private equity firm TA Associates is selling its stake in London-based Auction Technology Group (ATG) for £84.4m. The investor owns a 12.6% stake in ATG, amounting to 15,337,625 ordinary shares. TA Associates has agreed to sell the entirety of its interest in the company at a price of £5.50 per share, down 30% from the ... Read more ›
0
Molten Ventures has cut the estimated value of its stake in Thought Machine, implying around a $1bn fall in the company’s valuation. In its half-year results, the British investor’s listed venture arm, Molten Ventures VCT, today said its shares in the London fintech had fallen in value by nearly 40% between March and September 2024 ... Read more ›
0
Aurrigo International, a Coventry-based tech firm developing self-driving vehicles for the aviation industry, is looking to accelerate commercial sales timelines with a £5m injection. The AIM-listed firm said it was looking to raise a minimum of £5m through a share sale to new institutional investors and an additional £0.3m through an offering to retail investors. ... Read more ›
0
Upvest is set to accelerate its expansion in the UK following a €100m (£83m) Series C funding round lead by Hedosophia. The German investment API business plans to hire up to 50 more staff in its UK office in a bid to strengthen its position in London. This comes after the firm received FCA approval ... Read more ›
0
In September 2024 UKTN released a regional tech report in partnership with KPMG, Connected Innovation and Tech East shining a light on the Norfolk and Suffolk tech industries. To explore the topic further, UKTN brought together a group of local experts for a panel discussion on how the local community can supercharge the already impressive ... Read more ›
0
The “traumatising” solicitation and creation of non-consensual deepfake pornography could be criminalised as Baroness Charlotte Owen takes a new Bill to its second reading. Speaking to UKTN, Owen said her private members’ Bill aims to address “gaping loopholes” in existing legislation, such as the Sexual Offences Act 2003. The Baroness said existing systems that require ... Read more ›
0
Cykel AI has announced the development of two new autonomous digital workers set to become available early next year. Known as ‘Eve’ and ‘Samson’, the AI-powered agents are made for sales and research analysis respectively, expanding the company’s digital worker portfolio. The additions come just two weeks after the firm launched Lucy, its AI recruitment ... Read more ›
0
Shares in Alphawave sunk as much as 20% in early trade after the London-listed business priced its $150m convertible bond raise. The Bonds will be issued at par and will carry a coupon of 3.75% per annum payable semi-annually in arrear in equal instalments in March and September of each year, commencing on 18 March 2025 until maturity in 2030. Alphawave said ... Read more ›
0
London-listed IT firm Kainos has brought back its longstanding chief executive Brendan Mooney just months after his departure in an apparent strategic u-turn. Mooney, who has worked for Kainos since 1989, stood down as CEO in September 2023. He was replaced by longtime Kainos employee Russell Sloan. Prior to today’s announcement, the company’s shares had ... Read more ›
0
Freddie’s Flowers has cut more than a quarter of its staff as the e-commerce business posted a second consecutive year of declining revenues. The London-based flower subscription business has reduced its total headcount to just over 200, down from 271 last year, accounts filed this week with Companies House show. That is down by nearly ... Read more ›
0
The co-founder of Computacenter has joined the ranks of the top doners for Nigel Farage’s Reform UK, having given the party over £100,000. Philip Hulme, who launched the FTSE 250 constituent computing company in 1981, has been a regular donor to the fledgling right wing party, according to newly revealed data from the Electoral Commission. ... Read more ›
0
Ori Industries is to become the first company deploy Nvidia’s new H200 chips in the UK as the London tech firm seeks to ramp up its capacity to cater to the rapidly-growing needs of AI businesses. Ori said the powerful GPUs will become available to customers from January 2025, followed by the rollout of Nvidia’s ... Read more ›
0
Open banking came out the gate strong in the UK in 2024. It hit a record high for payments in January; the open banking roadmap reached full completion; and the sector hit 11.3 million users in July – 12% up on the month before and double the users in 2022. But it also faced critical challenges. ... Read more ›
0
Most popular sources
VentureBeat
|
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 23:30
Last update: 23:20 EDT.
News rating updated: 05:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.