News
Technology startups
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March 27, 2023
27
Mar'23
CBI launches campaign to boost UK tech unicorns
The CBI has launched a campaign to transform the UK’s technology unicorns into decacorns valued at $10bn, with specific policy recommendation due to be published later in 2023
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March 24, 2023
24
Mar'23
Accenture to cut 19,000 jobs globally
Accenture is cutting ‘structural’ costs which includes a reduction of 19,000 staff and a consolidation of office space
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March 23, 2023
23
Mar'23
Tech Nation says UK needs roadmap to help tech sector reach $4tn
In its final report published before shutting for good in April, Tech Nation has outlined success of the UK’s tech sector to date, and explores at a high level what needs to be done to ensure massive future growth
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March 17, 2023
17
Mar'23
UK government to create code of practice for generative AI firms
The code will look to strike a balance between copyright holders and generative AI firms so that both parties can benefit from the use of copyrighted material in training data
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March 16, 2023
16
Mar'23
Budget 2023: startups extra funding via R&D relief and pensions
UK government aims to promote increased investment in research and development-intensive startups through tax relief measures, relaxed pension rules, and new investment zones
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March 14, 2023
14
Mar'23
AI interview: Elke Schwarz, professor of political theory
Elke Schwarz speaks with Computer Weekly about the ethics of military artificial intelligence and the dangers of allowing governments and corporations to push forward without oversight or scrutiny
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March 13, 2023
13
Mar'23
HSBC buys Silicon Valley Bank UK arm for £1 following collapse
UK tech ecosystem welcomes government intervention to facilitate HSBC purchase after the collapse of SVB left many UK startups unable to access their deposits
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March 10, 2023
10
Mar'23
Technology minister Michelle Donelan defends data reforms
Secretary of state Michelle Donelan has defended the government’s new data reforms as providing certainty for businesses while simultaneously retaining high standards of data protection, but industry figures are having mixed reactions
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March 08, 2023
08
Mar'23
UK government introduces revised data reform bill to Parliament
Designed in close collaboration with technology businesses, the UK government is re-introducing an updated version of its Data Protection and Digital Information Bill to Parliament, which civil society groups say upends key safeguards
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March 02, 2023
02
Mar'23
UK government migration scheme to boost tech ties with India
The UK has agreed to allow thousands of young Indian professionals to work for two years in the UK as part of a migration exchange
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February 28, 2023
28
Feb'23
Industrial safetytech startups secure £150m funding since 2020
Industrial safetytech investment reached a record high of $100m in 2021, and remains significantly ahead of pre-pandemic funding levels despite a dip in 2022
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February 28, 2023
28
Feb'23
Two years on from the Kalifa report, UK fintechs speak out
Two years after the UK government’s Kalifa fintech report, entrepreneurs warn of a continuing Brexit headache and slow regulatory reform
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February 28, 2023
28
Feb'23
Government announces national fintech hub
The UK Treasury has announced a centre for fintech innovation, two years after a major report recommended one
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February 22, 2023
22
Feb'23
UK HSE to launch regulatory sandbox for industrial safety tech
The sandbox will see the regulator work with industry and tech startups to accelerate the development and adoption of a range of safety-related technologies, with a particular emphasis on data and analytics
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February 21, 2023
21
Feb'23
Seven million people in UK used open banking services in 2022
More than seven million people used services that harnessed open banking last year, with 1.2 million of these first-time users
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February 20, 2023
20
Feb'23
App-based Zopa bank buys BNPL fintech
App-based Zopa bank is adding a buy now, pay layer platform to its technology stack through its first acquisition
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February 16, 2023
16
Feb'23
Helsinki’s tech and business ecosystem in 90 days
Helsinki gives tech entrepreneurs a taste of life and business in Finland for 90 days as it bids to attract global tech startups
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February 15, 2023
15
Feb'23
UK saw fintech investment collapse in 2022, but is still a world leader
Fintech investment in the UK sees steep drop, but the country was still a top destination for capital
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February 13, 2023
13
Feb'23
KPMG launches metaverse and digital twin hub in Saudi Arabia
The Saudi Arabian government’s commitment to investing in metaverse technology has attracted a KPMG centre of excellence to its shores
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February 06, 2023
06
Feb'23
Estonian anti-money laundering platform used to fight APP fraud
A real-time data-sharing platform originally built to identify money laundering is also being applied to the fight against authorised push payment fraud
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February 01, 2023
01
Feb'23
NCSC for Startups inducts four companies into programme
Four more startups are set to join the NCSC accelerator, which helps the UK government develop technology and approaches to pressing cyber security challenges
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February 01, 2023
01
Feb'23
PayPal slashes 2,000 jobs in face of tough economic outlook
Fintech giant making thousands of redundancies as global economic outlook remains poor
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January 31, 2023
31
Jan'23
Tech Nation to shutter after more than a decade
Tech Nation due to shutter after losing core funding to Barclays Eagle Labs, which will take over its role in supporting UK technology startups and scaleups
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January 24, 2023
24
Jan'23
Executive interview: Andrew Roughan, CEO, Plexal
Plexal CEO Andrew Roughan talks about how tech startups collaborate with the government to transform public services, the barriers to entry, and how the process can be improved
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January 20, 2023
20
Jan'23
Barclays Eagle Labs awarded Digital Growth Grant over Tech Nation
Barclays Eagle Labs incubator to take over Tech Nation’s role in administering UK government digital growth grant amid backlash from startup ecosystem
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January 13, 2023
13
Jan'23
Unionised contract workers who train Google’s AI win pay rise
Google contract workers employed at artificial intelligence training supplier RaterLabs have secured their first-ever pay rise, following collective demands that Google fulfil its own commitment to pay its extended workforce a minimum of $15 an hour
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January 11, 2023
11
Jan'23
SMEs eye moving business to challenger bank
Known for their consumer banking success, challenger banks are now winning over hearts and minds in the small business sector
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January 10, 2023
10
Jan'23
Latest Innovate Finance report reveals decrease in UK fintech investment, but like-for-like increase
Innovate Finance’s latest figures on fintech investment show reduction in UK, but report methodology leaves this open to change
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January 04, 2023
04
Jan'23
Why India’s Mphasis chose West Yorkshire for tech hub
IT services firm Mphasis is moving more service delivery to the UK with around 1000 tech recruits planned for Northern England
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December 29, 2022
29
Dec'22
CIO interview: David Schwartz, vice-president, PepsiCo Labs
The food and drinks giant actively seeks out innovative tech startups and runs a programme to find creative ways to use their products to benefit the business
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December 29, 2022
29
Dec'22
Top 10 technology and ethics stories of 2022
Here are Computer Weekly’s top 10 technology and ethics stories of 2022
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December 29, 2022
29
Dec'22
Top 10 technology startup stories of 2022
Here are Computer Weekly’s top 10 technology startup stories of 2022
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December 15, 2022
15
Dec'22
Digital Ethics Summit: Who benefits from new technology?
Experts at the 2022 Digital Ethics Summit say expedited development cycles and obviously over-hyped PR material, in tandem with the public’s near-total exclusion from conversations around technology, is creating distrust towards the tech sector
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December 09, 2022
09
Dec'22
Labour unveils plans to make UK global startup hub
The Labour Party has published a review into the UK startup landscape, which calls for a number of changes to help make the country a more attractive place for startups
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December 06, 2022
06
Dec'22
Industrial IoT focus of next NCSC startup challenge
The NCSC for Startups programme is looking for innovative ideas to encrypt and secure the industrial internet of things
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November 30, 2022
30
Nov'22
Parity AI talks about auditing recruitment algorithms for bias
Algorithmic auditing firm Parity speaks to Computer Weekly about the process of auditing artificial intelligence for bias, following its partnership with AI-powered recruitment platform Beamery
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November 27, 2022
27
Nov'22
Plexal inducts six into cyber leadership scheme
Tech innovation hub Plexal is expanding its Cyber Runway programme with a new Ignite strand dedicated to supporting high-potential security leaders
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November 17, 2022
17
Nov'22
Brexit deregulation will make UK next Silicon Valley, vows Hunt
Chancellor vows to revolutionise how the IT industry is regulated to spur competition, investment and innovation in a technological ‘Big Bang’
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November 14, 2022
14
Nov'22
Sadiq Khan launches Data for London Advisory Board
Board will look at how to join up and share data between public and private London organisations in an effort to build a stronger data economy and improve public services
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November 07, 2022
07
Nov'22
UK climate tech startup investment doubles in 2022
Climate technology investment has nearly doubled in the UK over the past year and is growing globally, but questions remain over how to scale capacity and whether the necessary change will occur in time to prevent climate catastrophe
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November 07, 2022
07
Nov'22
Public sector IT projects need ethical data practices from start
Data ethics needs to be integrated into public sector IT projects from the very start, and considered throughout every stage of the process, to be effective
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October 26, 2022
26
Oct'22
ICO warns against using biometrics for ‘emotional analysis’
ICO warning highlights risk of ‘systemic bias’ and discrimination associated with organisations using biometric data and technologies for emotion analysis
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October 25, 2022
25
Oct'22
Sainsbury’s outsources for cloud-first benefits
Retailer signs multi-year IT services contract with Tata Consultancy Services to support move to cloud-first strategy
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October 25, 2022
25
Oct'22
UK needs stronger regional innovation clusters outside South East
Venture capital fund managers speak to Computer Weekly about the importance of innovation clusters to the UK tech ecosystem, and the need to develop further investment opportunities outside the South East
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October 19, 2022
19
Oct'22
Lloyds Bank launches innovation sandbox
Banking group establishes a sandbox where fintechs can build and test applications for Lloyds
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October 18, 2022
18
Oct'22
Skype’s legacy and the rise of the ‘new Nordics’
Estonia and other Baltic states could be part of a ‘new Nordics’ of technology innovation
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October 10, 2022
10
Oct'22
Dutch infrastructure sector seeks closer collaboration with government
Although the Netherlands government is increasingly realising how vital the country’s digital infrastructure is, it lacks sufficient policy-making and vision, say industry associations
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October 06, 2022
06
Oct'22
Tech Nation and PwC launch joint climate tech accelerator
The Net Zero X programme by Tech Nation and PwC will help climate tech companies to overcome common growth challenges and scale faster
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October 04, 2022
04
Oct'22
Public sector aims to close digital skills gap with private sector
Digital leaders from the public sector have stressed the need to build up the digital skills and capabilities of civil servants to successfully deliver the government’s digital transformation ambitions, but not at the expense of supplier ecosystems
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October 04, 2022
04
Oct'22
Next phase of open banking already gathering pace
Open banking has had a major impact on the banking industry as finance forms harness data to provide better services, but the next phase of open finance promises even more