Darktrace has today announced the takeover of Cado Security, a London-based cybersecurity startup that specialises in cloud data. The Cambridge-based firm says it intends to invest into Cadoâs existing products while also combining its technology with Darktraceâs AI-powered security platform to provide stronger protection against cyber threats. Founded in 2020, Cado conducts forensic investigations on ... Read more âș
0
A London-based biotech developing a rival treatment to Novo Nordiskâs Ozempic, has secured a landmark $410m (ÂŁ333.5m) Series A round as investors pour cash into weight loss research. Incorporated in 2024, Verdiva Bio has skyrocketed to a valuation estimated by Dealroom of up to $2.5bn. Verdiva is launching with a portfolio of oral and injectable ... Read more âș
1
Armâs future looks bright. Last year it became the UKâs first $100bn tech company and now has a market cap of around $150bn, while turnover is on course to hit around $4bn by the end of the current financial year in April. The Cambridge-based chip designer, whose architecture can be found in almost all the worldâs ... Read more âș
0
Elon Muskâs xAI has begun hiring for roles in London as the firm sets up shop in the UK amid the billionaireâs new-found interest in the countryâs politics. A listing on Companies House says the AI firm founded by the tech billionaire was incorporated in December and will be based in Xâs (formerly Twitterâs) office ... Read more âș
0
Social media platforms operating in the UK âwill have to assess the risk of any changesâ made to content moderation and fact-checking policies, Ofcom told UKTN following a controversial strategy shift announced by Meta CEO Mark Zuckerberg. The Meta boss revealed in a video announcement on Tuesday that the company would be abandoning the use ... Read more âș
0
A decade ago, I quit my job at Goldman Sachs to become a tech founder. A group of my colleagues and friends spent a weekend together in Munich to discuss the seeds of an idea about making investment more accessible and transparent. The next week, we all handed in our notices and decided to make ... Read more âș
0
UK regulators have forced London-based Islamic fintech startup Wahed Invest to remove âoffensiveâ ads depicting the burning of US dollars and Euro banknotes. The Advertising Standards Agency (ASA) received 75 complaints over six posters displayed in London Underground stations. The ads featured various figures setting fire to the currencies with text displaying messages including âJoin ... Read more âș
1
Amazon could break into the UK broadband business before the end of this year after the tech giant unveiled its new âProject Kuiperâ programme which will use satellites in low-earth orbit to deliver high speed, low latency internet to consumers. According to a regulatory filing seen by UKTN, the firmâplans to make services commercially available ... Read more âș
0
The creation of non-consensual sexually explicit deepfakes will be made a criminal offence as the government cracks down on violence against women and girls. The Ministry of Justice said on Tuesday that predators who create these images â sexually explicit pictures made to resemble real people using AI â could face up to two years ... Read more âș
0
Fintech group ClearScore is expanding into embedded finance and secured lending through the acquisition of Manchester-based Aro Finance. ClearScore, which provides consumers with credit rating information and credit card and loan referrals, is aiming to move into business-to-business-to-consumer channels through the embedded finance offering of Aro. Aro Finance provides a platform for clients such as ... Read more âș
0
The London tech firm behind the Nothing Phone has borrowed ÂŁ30m in a debt raise after its annual losses widened. Nothing Technology, founded by serial smartphone entrepreneur Carl Pei, agreed the loan with Santander in late December 2024, according to documents filed with Companies House. It follows a $96m equity raise the firm completed in ... Read more âș
0
Jobs in artificial intelligence are quickly increasing in the UK in the latest sign that businesses from all corners of the economy are rapidly switching their hiring plans to adapt to the AI boom. The job title of Artificial Intelligence Engineer was the fastest growing in 2024, while the title of AI Engineer is also ... Read more âș
0
2024 was a wild year for stocks. The Nasdaq Composite saw one of its best years, rising by as much as a third between January and December. But things were a little more rocky for the FTSE 100, which only rose about 6% over the same period. 2025 promises to be a better year for ... Read more âș
0
One of Britainâs biggest chip firms has been put up for sale as its controversial Chinese owners seek an exit from the business. Hertfordshire-based Imagination Technologies, which counts Apple among its biggest customers, is understood to have already received several expressions of interest after its owners, Chinese-backed Canyon Bridge, are thought to have instructed advisers ... Read more âș
12
Nyobolt, a Cambridge-based electric vehicle (EV) battery maker that raised ÂŁ50m in 2022, has warned it could ârun out of funds in late Q1 2025â if it canât secure new capital. In its latest company accounts, Nyobolt posted a loss of ÂŁ20.2m for the year ended December 2023, more than double 2022âs loss of ÂŁ9.3m. ... Read more âș
0
Proceeds from public listings in London more than tripled year-on-year, reaching ÂŁ3.4bn in 2024, despite concerns over low IPO volumes and a high delisting rate. There were 18 listings across the main and alternative markets in London last year, 22% less than in 2023 and 60% less than in 2022, according to figures from EY. ... Read more âș
0
In 2023, Hermann Hauser, the co-founder of London-based Amadeus Capital Partners, was added to a WhatsApp group packed with billionaire US investors, including Mark Andreesen and Michael Dell. âOne of the first things they did, when they invited me to join the group, was lament the fact that Europe doesnât have any hundred-billion tech companies,â ... Read more âș
9
The number of AI businesses founded in the UK hit a fresh high in the fourth quarter, UKTN has found, as the rush to find new ways to commercialise the technology shows no sign of slowing down. More than 500 self-styled âAIâ companies were registered with Companies House between October and December 2024, according to ... Read more âș
0
Nick Clegg, the onetime deputy prime minister of the UK turned Big Tech executive, has announced his resignation from Meta after six years in Silicon Valley.   Clegg joined the Facebook parent company in 2018 after over a decade of politics that saw him work as a member of the European Parliament, the MP for Sheffield ... Read more âș
0
Leaders from Darktrace, Wayve and the Raspberry Pi Foundation were among the UK tech industry figures who were granted honours at the start of the year. The annual recognition of those who made exceptional contributions to various fields included over a dozen people from Britainâs tech industry, including Baroness Poppy Gustafsson, the co-founder of cybersecurity ... Read more âș
0
Most popular sources
Tech Wire Asia
|
0% |
ReadWrite
|
0% |
Tech.eu
|
0% |
EU-Startups
|
0% |
UK Tech News
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
15.05.2026 00:03
Last update: 23:50 EDT.
News rating updated: 06:50.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.