News
Technology startups
-
May 05, 2020
05
May'20
Coronavirus: Total outsourcing spending collapses in March
IT spending plunged in March, drastically reducing increases that had been expected in the EMEA region
-
May 04, 2020
04
May'20
NatWest Bank shutters its app based bank after five months
NatWest is closing its consumer-facing, app-based bank and increasing its focus on mobile business bank Mettle
-
May 04, 2020
04
May'20
Coronavirus: Do Indian companies still have an edge in Nordic outsourcing?
Covid-19 lockdowns and social distancing have affected Nordic outsourcing strategies. Do Indian firms still have the upper hand?
-
April 29, 2020
29
Apr'20
Coronavirus: Startups raise £663m during lockdown
Investment is significantly higher than at the same time last year, but it is concentrated in very few hands as the total number of deals declines
-
April 28, 2020
28
Apr'20
Confidence of UK startups rocked by coronavirus
Firms worry how to keep sales up and secure investment during pandemic
-
April 28, 2020
28
Apr'20
Covid-19 will decimate fintechs, but those that survive will prosper
The coronavirus will wipe out some fintechs, but those that get through it will share in the next growth phase of the industry's development
-
April 27, 2020
27
Apr'20
Funding released to support winners of coronavirus technology challenge
To help support the most vulnerable during the pandemic, NHSX and its partners are testing a range of digital solutions submitted as part of fast-track technology competition
-
April 24, 2020
24
Apr'20
How likely are IT service providers to offer discounts in an unprecedented global recession?
As the global economy slows, businesses are trying to cut costs, with IT services one of the first stops – but what are the chances of a happy outcome?
-
April 22, 2020
22
Apr'20
More than 80% of UK startups ineligible for public-private coronavirus loans
With the majority of startups left out in the cold, the UK government must now focus on the delivery speed of what is available, according to ecosystem leaders
-
April 21, 2020
21
Apr'20
Government launches online financial support platform for business
Businesses will be able to use the government’s online support finder tool to discover what sort of financial support is available to them during the Covid-19 pandemic
-
April 20, 2020
20
Apr'20
UK government announces ‘Future Fund’ to support startups during Covid-19
The startup rescue package includes public-private match funding, which will give the government shares in the enterprises, as well as targeted research and development support
-
April 20, 2020
20
Apr'20
Coronavirus: Pandemic will see consolidation of offshore captive centres
Offshore captive IT operations owned by western businesses will be sold off to raise cash and boost efficiency amid Covid-19 pandemic
-
April 17, 2020
17
Apr'20
Covid-19 will leave its legacy on global IT services
IT services buying and selling will go through a transformation during the coronavirus crisis
-
April 17, 2020
17
Apr'20
Coronavirus: Treasury set to announce startup rescue package
With pressure mounting to aid firms not covered by the existing coronavirus loan scheme, the government has been in talks with industry on how to get support to hard-hit startups
-
April 16, 2020
16
Apr'20
Coronavirus: Nordic digital educators collaborate with authorities amid pandemic
Nordic education technology startups are supporting education establishments in offering continued education during the Covid-19 crisis
-
April 15, 2020
15
Apr'20
Government urged to delay digital services tax amid coronavirus outbreak
Delaying liabilities for a year could help technology companies already stretched thin by the outbreak of the Covid-19 coronavirus pandemic, according to TechUK
-
April 15, 2020
15
Apr'20
Coronavirus: Nordic authorities use tech in fight against Covid-19
Nordic government organisations are working with private technology firms in the region to support their efforts to contain the coronavirus
-
April 09, 2020
09
Apr'20
How Bolt plans to be more uber than Uber
Overcoming competitors with brand names that have become part of the modern vernacular is a challenge Estonia-based Bolt has set itself as it takes on Uber
-
April 06, 2020
06
Apr'20
Coronavirus: Nordic tech startups face job cuts amid falling sales and a lack of funding
Tech startups based in the Nordic region face difficult decisions as the Covid-19 pandemic leads to falling sales and investment
-
April 06, 2020
06
Apr'20
Extension of coronavirus loan scheme does little for startups, says Tech Nation
Changes to the government’s coronavirus business loan scheme will do little to alleviate the financial pressure on startups and pre-revenue companies, despite previous warnings from tech industry bodies about the dangers they face
-
April 01, 2020
01
Apr'20
Coronavirus: NHSX working on contact tracing app
A contact tracing app to track the spread of infection is being developed, although specific technical details remain scarce
-
March 31, 2020
31
Mar'20
Hackathon launched to help fight coronavirus pandemic
Virtual hackathon seeks to develop a suite of applications to help people during the Covid-19 coronavirus outbreak through ethically built technology
-
March 31, 2020
31
Mar'20
Insurance company uses artificial intelligence to assess car damage when claims are made
In the latest insurtech development, the UK arm of insurance company Ageas is using artificial intelligence to assess vehicle damage in accidents
-
March 30, 2020
30
Mar'20
Coronavirus: Viability of half of London’s tech startups threatened
Technology startups in London are fighting for their existence, with business plans for the next three months geared towards survival
-
March 27, 2020
27
Mar'20
Lorca calls on security scaleups to tackle coronavirus challenge
Lorca innovation programme has launched an open call for its next cohort of cyber security scaleups, with a timely focus on coronavirus challenges
-
March 25, 2020
25
Mar'20
Coronavirus: Chatbot to help Estonians cope during pandemic
Estonian government is using a chatbot developed by local startups to answer the many questions its citizens have about Covid-19
-
March 24, 2020
24
Mar'20
Workplace misconduct platform reports rise in coronavirus-related racial discrimination
More people are experiencing racial discrimination at work since the spread of Covid-19
-
March 18, 2020
18
Mar'20
UK facial recognition project to identify hidden faces
A research project being conducted by UK universities in collaboration with the Home Office and Metropolitan Police could produce facial recognition systems that allows users of the technology to identify people with their faces covered
-
March 18, 2020
18
Mar'20
Employment and investment in UK tech sector booms
UK digital tech sector continues rapid growth in 2019, attracting record investment for another year
-
March 17, 2020
17
Mar'20
UN identifies tech companies working in Occupied Palestinian Territories
United Nations Human Rights Office report names a number of technology companies that could be involved in violating human rights
-
March 13, 2020
13
Mar'20
Budget 2020: Full of promises, but is it enough?
Chancellor Rishi Sunak’s Budget provided plenty of cash for technology and innovation, but has the government done enough to make the tech industry happy?
-
March 05, 2020
05
Mar'20
Biometrics ethics group takes evidence on public-private use of facial recognition
Collaboration between police forces and private entities on facial recognition technology comes under scrutiny by the Home Office’s Biometrics and Forensics Ethics Group
-
February 27, 2020
27
Feb'20
IBM seeks developers to tackle climate change with open source technology innovations
IBM and its ecosystem partners are calling on developers worldwide to help develop innovative technologies to help combat climate change
-
February 21, 2020
21
Feb'20
Greenpeace takes open-source approach to finish web transformation
Non-profit environmental group Greenpeace is collaborating with Red Hat to finish the delivery of its global web redesign
-
February 21, 2020
21
Feb'20
Exploring the Nordics’ healthy advantage in leisure tech
The Nordic region is home to an increasing number of global leisure tech startups
-
February 14, 2020
14
Feb'20
PM Johnson shuffles technology and digital ministers again
Boris Johnson has changed all the key Cabinet appointments responsible for tech and digital policy for the second time since becoming prime minister last year
-
February 13, 2020
13
Feb'20
Tech Nation announces Rising Star winners
The UK’s entrepreneurial network, Tech Nation, has announced the winners of its scaleup competition
-
February 13, 2020
13
Feb'20
London tech startups shortlisted for mayor’s Civic Innovation Challenge
Eight London startups will receive funding from the mayor to help democratise urban planning and combat violent extremism online
-
February 07, 2020
07
Feb'20
Startup success is ‘The Finnish Dream’
Finland has a startup mentality running through its veins and its water, with an “all for one” attitude driving fledgling tech companies
-
February 05, 2020
05
Feb'20
Research network for ethical AI launched in the UK
The network claims it will put social justice at the core of a multidisciplinary approach to artificial intelligence research
-
February 04, 2020
04
Feb'20
Azimo gets loan from European Investment Bank to build cross-border payments infrastructure in EU
UK fintech gets validation from EIB through €20m loan which will contribute to building its smartphone app-based payments infrastructure
-
February 03, 2020
03
Feb'20
New jobs in Ireland as Brexit forces Revolut to migrate work from London
Brexit has pushed the financial technology firm into moving London jobs to Ireland
-
February 03, 2020
03
Feb'20
Cost-cutting and digital transformation spur increased European IT outsourcing in 2019
The need to rein in costs while digitally transforming has led to growth in traditional and as-a-service base outsourcing
-
January 30, 2020
30
Jan'20
Tech Nation selects fifth Upscale programme cohort
Entrepreneurial network Tech Nation has announced its Upscale 5.0 cohort as the UK scaleup ecosystem continues to grow
-
January 29, 2020
29
Jan'20
UK cyber security sector worth more than £8bn
The UK’s cyber security industry employs 43,000 full-time workers, and contributed nearly £4bn to the UK economy in 2019, according to DCMS
-
January 29, 2020
29
Jan'20
AI is transforming the Nordic workplace – and it won’t stop there
Nordic startups are applying artificial intelligence to address workplace challenges, with HR and operations managers across the world watching
-
January 27, 2020
27
Jan'20
Met Police to launch facial recognition operationally
Despite the continuing controversy around its use, the Metropolitan Police will be deploying live facial recognition across the capital
-
January 24, 2020
24
Jan'20
Gender funding gap reveals complacency in the Nordics
Tech investors are biased towards men when it comes to investing – even if they are not aware of it
-
January 24, 2020
24
Jan'20
Milan hosts Cisco’s first European security innovation unit
Cisco has cut the ribbon on its first Cyber Security Co-Innovation Centre in Europe, at Milan’s Leonardo da Vinci Science and Technology Museum
-
January 17, 2020
17
Jan'20
App developers sue Facebook over ‘anti-competitive conduct’
Lawsuit is based on leaked internal Facebook documents obtained and published by Computer Weekly and NBC last year