News
Technology startups
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April 09, 2021
09
Apr'21
Global demand for IT and business services highest ever for first quarter
Global demand for IT and business services began the year strongly, with a record first quarter
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April 07, 2021
07
Apr'21
Deliveroo riders strike over pay and work conditions
Riders across the country are demanding fair pay, safety protections and basic workers’ rights pay on Deliveroo’s first day of trading as a public company
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March 29, 2021
29
Mar'21
How far has open banking come in Europe?
Open banking is a relatively new concept, having come into effect in Europe only in the last couple of years. So what is the state of play?
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March 18, 2021
18
Mar'21
Reshaping the women-in-tech debate in Denmark, from the top down
Tech Nordic Advocates adopts a different approach to closing the gap between women and men in the Danish tech startup sector
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March 17, 2021
17
Mar'21
Nordic healthcare digitisation drives medtech growth
Nordic medtech is growing rapidly as the healthcare sector adopts technologies such as artificial intelligence and the internet of things
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March 16, 2021
16
Mar'21
One-fifth of all UK tech investment went to just 10 scaleup firms in 2020
Annual Tech Nation report shows UK technology firms saw record levels of investment in 2020, but a significant proportion of it was concentrated in a small number of scaleup enterprises
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March 16, 2021
16
Mar'21
Insurers unable to fill a quarter of tech roles
Insurance companies need to fill tech skills gaps if they are going to prosper in the age of insurtech
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March 12, 2021
12
Mar'21
UK technology business created every 30 minutes in 2020
New figures on UK business creation show surge in entrepreneurs setting up technology businesses during 2020, while the sector’s hiring efforts climb back to pre-pandemic levels
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March 03, 2021
03
Mar'21
Glitch signs collective bargaining agreement with unionised workers
US software startup’s ‘milestone’ agreement with employees focuses on job security and labour rights rather than salaries and benefits
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February 26, 2021
26
Feb'21
It’s now or never for UK fintech, government told
The UK government faces a ‘now or never’ moment if it wants financial technology to play a central role in the economy for years to come
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February 26, 2021
26
Feb'21
Nordic startups strive to fuel international e-commerce transformation
Nordic startups are developing technology for retailers that want to improve the customer experience when buying online
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February 24, 2021
24
Feb'21
Businesses forced to ask IT service providers for help during pandemic
IT service providers have been approached by long-time enterprise customers asking for price cuts due to the impact of the pandemic
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February 22, 2021
22
Feb'21
Startup founders worried about proposed capital gains tax changes
British technology startups are concerned about proposed changes to widen the UK’s capital gains tax, with just over four in five saying they would consider moving their enterprise abroad
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February 19, 2021
19
Feb'21
European Commission proposes UK data adequacy agreement
The publication of two draft data adequacy decisions brings the UK closer to a final positive decision, which will enable the continued free flow of data between the EU and the UK if green-lit by member states
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February 17, 2021
17
Feb'21
Finnish IT sector demand increases after months of decline
IT sector in Finland sees small signs of recovery as demand increases after months of Covid-19-related decline
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February 16, 2021
16
Feb'21
TransferGo to harness Google-inspired tech capability
Payments fintech TransferGo chooses cloud-native core banking platform to build a digital wallet and expand its services
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February 10, 2021
10
Feb'21
Tech sector calls for renewed cooperation in global digital tax talks
Industry groups want renewed multilateral negotiations between countries about taxation of the digital economy in the wake of Joe Biden’s election as US president
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February 08, 2021
08
Feb'21
Interview: Robert Opp, chief digital officer, United Nations Development Programme
Chief digital officer of the United Nations Development Programme talks about the relationship between digital technologies and sustainability, and how it can be used for a more environmentally-friendly and inclusive future
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February 08, 2021
08
Feb'21
North-West England ‘perfect’ growth area for tech startups
Industry groups mapping the UK’s technology landscape say the North-West of England is a hotspot for growing tech firms, which benefit from increasing investment and geographic proximity to academic and business support networks
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February 05, 2021
05
Feb'21
Government R&D funding fails to maximise ‘catapult’ potential
Barriers in the UK’s research and development funding system mean technology and innovation centres, also known as catapults, are prevented from maximising their potential economic impact
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February 03, 2021
03
Feb'21
Venture capital trusts lobby for relaxed state aid rules
Venture Capital Trust Association chair speaks to Computer Weekly about how the UK’s exit from the EU means state aid rules can be rewritten to allow for the expansion of funding mechanisms used by tech startups
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February 02, 2021
02
Feb'21
Ten startups graduate from virtual reality-focused accelerator
Startups focusing on building new immersive technology products have completed Digital Catapult’s Augmentor accelerator programme
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January 26, 2021
26
Jan'21
Saudi IT spending to hit $11bn in 2021
Saudi Arabian organisations will spend about $11bn on IT this year, with emerging technologies high on shopping lists
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January 21, 2021
21
Jan'21
Interview: Tony Porter, chief privacy officer, Corsight AI
Tony Porter speaks to Computer Weekly about the changes in facial-recognition during his time as surveillance camera commissioner, the ethics of using the technology, and his new role as chief privacy officer at Corsight AI
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January 18, 2021
18
Jan'21
Nottinghamshire uses citizen engagement tools to inform residents
Nottinghamshire Council is seeking to expand Granicus integrations after success in using its communications services to keep citizens informed during pandemic
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January 15, 2021
15
Jan'21
Nordic startups make advances in pet tech
Nordic tech startups are looking to take pet tech mainstream following the acceleration of the industry during the current pandemic
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January 14, 2021
14
Jan'21
London received quarter of all European tech funding in 2020
Technology startups in London raised near-record levels of venture capital investment last year despite uncertainty related to Brexit and Covid-19
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January 14, 2021
14
Jan'21
Numbers stack up for UK open banking three years on
Three years have passed since open banking regulations came into force and momentum is gathering
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January 13, 2021
13
Jan'21
European IT outsourcing spend up in 2020 after cloud boost
IT outsourcing sector growth is an indication that businesses are beginning to see light at the end of the tunnel amid the Covid-19 pandemic and the economic disruption it has brought
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January 12, 2021
12
Jan'21
Retail giant Walmart to launch a fintech
Fintech will be geared towards offering the services Walmart’s customers and employees want
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January 12, 2021
12
Jan'21
Early stage UK security startups face funding crisis
Overall cyber security funding since the advent of the pandemic is well up, but investment is dominated by safe, later-stage firms while those raising capital for the first time fall away
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December 23, 2020
23
Dec'20
Top 10 startup stories of 2020
Here are Computer Weekly’s top 10 startup stories of 2020
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December 17, 2020
17
Dec'20
Danske Bank fights money laundering with AI
Danske Bank is using artificial intelligence to help it prevent a repeat of the huge money laundering scandal that hit one of its operations in Estonia
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December 15, 2020
15
Dec'20
UK government unveils details of upcoming online harms rules
Online Harms Bill due early 2021 will introduce GDPR-style fines for technology companies that breach online duty of care rules
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December 14, 2020
14
Dec'20
Digital Ethics Summit 2020: governance key to inclusive post-Covid economic recovery
Pluralism key to developing and deploying technologies for an inclusive post-Covid economic recovery, according to a panel at Digital Ethics Summit 2020
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December 08, 2020
08
Dec'20
CIO interview: David Plumb, chief innovation officer, University of Warwick
The innovation leader is developing ecosystems of partners from industry, public sector and academia to not only help Warwick students, but also to support them as entrepreneurs and benefit the regional economy
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December 01, 2020
01
Dec'20
Wayra partners with UK government for Latin American scaleup project
Two scaleups from three Latin American countries – Argentina, Chile and Uruguay – will be selected by a project that will help the growing firms expand overseas into the UK market
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November 30, 2020
30
Nov'20
$60m Middle East tech fund targets 120 startups
Venture capital fund expects rapid regional technology growth in the post-Covid-19 world
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November 24, 2020
24
Nov'20
Fintechs take stock amid economic shocks
Survey reveals that the top priority for 10% of UK fintechs next year will be to survive the double blow of Covid-19 and Brexit
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November 12, 2020
12
Nov'20
Financial Stability Board says it’s time to talk about IT outsourcing risks
International organisation that monitors the finance sector asks for the industry to discuss the risks that IT outsourcing brings to the sector
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November 12, 2020
12
Nov'20
TCS acquires Prudential Financial tech operation unit for free
Hot on the heels of its €1 acquisition of Deutsche Bank’s Postbank Systems IT unit, TCS has taken on 1,500 people from the insurance giant’s Ireland-based IT unit
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November 11, 2020
11
Nov'20
Tim Berners-Lee startup releases decentralisation tech to enterprises
Roll-out of Inrupt’s decentralised privacy technology to four large organisations is helping the startup to develop explicit use cases, which it hopes will prove the tech and lead to faster adoption
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November 10, 2020
10
Nov'20
Border technologies largely fail to respect human rights
AI-powered border technologies used to ‘manage’ migration frequently make the process more arbitrary, discriminatory and unjust, says human rights group
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November 10, 2020
10
Nov'20
Deutsche Bank to sell retail banking IT unit to TCS for €1
Deutsche Bank has agreed to sell its retail banking IT operation to one of its main IT suppliers for a token €1
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November 10, 2020
10
Nov'20
Better data sharing needed to help children during pandemic
Closing gaps in data infrastructure will help the education sector respond better to children’s needs during the Covid-19 pandemic, says Open Data Institute
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November 09, 2020
09
Nov'20
Tampere’s perfect storm triggers a startup revolution
Previously a hub for Nokia and Microsoft, Finland’s second-largest city is capitalising on a wealth of technical knowhow to become the dark horse of the Nordic startup scene
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November 05, 2020
05
Nov'20
Microsoft to support next generation of security startups
Tech giant lends its support to the NCSC Cyber Accelerator scheme, which is seeking its seventh cohort of startups
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November 04, 2020
04
Nov'20
Government releases funding for green technology businesses
New funding will support UK entrepreneurs and startups in scaling up their eco-friendly innovations
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November 02, 2020
02
Nov'20
Finnish government rolls out digital projects to support SMEs
Finland is set to create network of technology hubs that will support SMEs in the country, as well as create links across the EU
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October 27, 2020
27
Oct'20
UK ‘impact startups’ see investment surge
‘Impact startups’ continue to raise funding during the pandemic despite difficulties faced by the wider tech startup sector
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October 23, 2020
23
Oct'20
Digital public services fail UK citizens on multiple fronts
Commission for Smart Government publishes paper on obstacles facing the UK’s digital government, setting out principles for digital government initiatives to follow
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October 22, 2020
22
Oct'20
Nordic CIO Interview: Teemu Salmi, Stora Enso
Working with startup communities helps to drive digital transformation at one of the world’s largest forest industry companies, Stora Enso
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October 19, 2020
19
Oct'20
Pandemic causes record spike in collapse of tech startups
A record number of technology startups folded in September, after months of early-stage companies struggling to attract the investment needed to stay afloat
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October 19, 2020
19
Oct'20
London’s fintechs continue to attract investment
The capital’s fintechs continue to attract large volumes of venture capital funds despite the global economic slowdown
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October 19, 2020
19
Oct'20
Estonian rude awakening spurs tech startup activity
Money laundering scandal in Estonia has sparked tech startup activity in the Baltic country as banks look for answers
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October 12, 2020
12
Oct'20
Challenger bank accessing latest anti-money laundering technology through fintech
Challenger banks works with fintech to support its anti-money laundering efforts
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October 09, 2020
09
Oct'20
TCS results signal enterprise readiness to spend on IT after Covid-19 pause
TCS’s financial results signal that enterprises are ready to invest in IT to help them recover from the coronavirus-related business slowdown
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October 07, 2020
07
Oct'20
US lawmakers release big tech antitrust report
House Democrats have published a report on the monopoly power wielded by big tech companies and how to restore competition in digital markets
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October 07, 2020
07
Oct'20
Consumers find new payment methods during pandemic
Non-cash payments have grown at their fastest rate for a decade and due to Covid-19 restrictions, more people are discovering different ways to pay
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October 05, 2020
05
Oct'20
Employees overwhelmingly hostile to workplace monitoring tech
The use of workplace surveillance technologies to monitor and track staff working from home has increased hugely since the start of the pandemic, but most workers say it makes them feel uncomfortable
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October 05, 2020
05
Oct'20
Business leaders call on G20 to drive affordable and responsible tech
A new report from the Business Twenty has urged G20 members to use digitisation to support economic recovery
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October 05, 2020
05
Oct'20
Regulator wants fintechs to address pandemic financial challenges
UK financial services regulator is supporting fintechs in addressing some of the challenges consumers and small businesses face amid the current pandemic
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October 01, 2020
01
Oct'20
Trust in government technology is key to adoption
Panellists at GovTech Summit 2020 speak about the need to build trust in government digital services, as the pandemic has created room for increased use of technology in the public sector
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September 23, 2020
23
Sep'20
Latest Tech Nation fintech cohort reflects diversifying sector
The latest group of fintechs accepted into Tech Nation’s growth programme reflects the diversification of a maturing sector
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September 18, 2020
18
Sep'20
Ex-NCSC boss Ciaran Martin joins cyber venture capital outfit
Outgoing NCSC CEO Ciaran Martin is to take up a new role guiding new investments in cyber security
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September 16, 2020
16
Sep'20
Lorca security scaleups to get Splunk data expertise
Lorca inducts Splunk onto its co-marketing programme, giving security scaleups access to new data expertise
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September 14, 2020
14
Sep'20
Fintech Pledge launched to strengthen UK’s financial technology sector
The Fintech Pledge initiative is designed to foster closer collaboration between banks and fintechs so that the UK can continue building a globally competitive fintech ecosystem
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September 11, 2020
11
Sep'20
Law Commission proposes greater protections for victims of online abuse
The Law Commission wants to change the criminal law around communications offences to better protect victims from harmful online behaviour
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September 11, 2020
11
Sep'20
UK ‘future tech’ development gets government funding boost
£65m in funding will be used to develop electric batteries, robotics and advanced healthcare treatments
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September 11, 2020
11
Sep'20
Santander to double investment in fintechs
Santander is doubling the amount of money it invests in fintech startups after the success of its funding arm, which was established in 2014
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September 10, 2020
10
Sep'20
Lorca security scaleups hit funding milestone
£153m of investment has been raised by Lorca cohort companies in just two years, almost four times the original target
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September 10, 2020
10
Sep'20
Edinburgh council to create smart city operations centre
Edinburgh council extends an outsourcing agreement with CGI as it steps up its smart city programme
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September 09, 2020
09
Sep'20
Technology businesses vital to UK post-Covid economic recovery
Technology firms are set to play a larger role in UK’s post-Covid economy and are being encouraged to expand overseas after a strong year for digital exports
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September 08, 2020
08
Sep'20
UK leads Europe in net zero venture capital investment
With the UK leading venture capital investment in net zero enterprises, Tech Nation have launched a new, government-backed scaleup programme to further develop the sector
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September 08, 2020
08
Sep'20
TechUK urges government to back emerging digital clean technology sector
To ensure the UK reaches its climate and decarbonisation goals, TechUK is calling on the government to support the emerging clean tech sector
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September 04, 2020
04
Sep'20
Covid-19 has strained London tech firms but they have central role in recovery
London tech startups are feeling the effects of the economic slowdown brought on by Covid-19, but there is a huge opportunity for those with the right focus
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September 03, 2020
03
Sep'20
Insurers accept they were slow to adopt digital
Insurance companies know they must prioritise digital investment and are planning in-house development to help make up lost ground
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September 03, 2020
03
Sep'20
UK tech firms urged to seek out international opportunities
Tech Nation study finds UK businesses are in a strong position to take advantage of global tech growth
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September 01, 2020
01
Sep'20
Here East CEO advises startups to generate own revenue streams
In a time of deep uncertainty, startups with their own streams of revenue independent of investors and large corporates will have more options and be in a much stronger negotiating position
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August 27, 2020
27
Aug'20
Tech and telecoms advisory group set up to help trade negotiations
Department of International Trade launches new Trade Advisory Groups to guide trade negotiations with other countries
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August 27, 2020
27
Aug'20
Aggrieved Amazon employees organise protests at homes of Jeff Bezos
A newly formed workers’ collective will protest outside the homes of Amazon CEO Jeff Bezos seeking to secure a number of concessions for essential workers
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August 25, 2020
25
Aug'20
Nordic startups send a message to global investment community
Early-stage tech companies across the world should set up Nordic operations earlier in their development journeys
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August 21, 2020
21
Aug'20
SMEs outperform Q2 expectations but remain cautious about Q3 prospects
Small confidence boost for small to medium-sized enterprises puts tech investment back on the table over coming 12 months
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August 17, 2020
17
Aug'20
Comms startup Element helps support secure communications during pandemic
With the huge increase in remote working, Element is using an open, decentralised network to give organisations more control over their communications
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August 12, 2020
12
Aug'20
Government awards funding for innovation projects
The funding for innovative projects forms part of the government’s plan to increase research and development spending, which it claims will aid the UK’s post-Covid-19 economic recovery
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August 07, 2020
07
Aug'20
Cyber attack combined with Covid-19 puts Travelex into administration
Foreign exchange firm Travelex has cut UK staff by 1,300 and physical outlets will remain closed
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August 03, 2020
03
Aug'20
Covid-19 forces TechHub into administration
Silicon Roundabout mainstay TechHub has been forced into administration after Covid-19 pandemic undermines ability to generate revenue
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July 31, 2020
31
Jul'20
US lawmakers grill big tech chiefs over market power
Sixth antitrust hearing sees CEOs of major technology companies face combative questioning from members of Congress over their market power and dominance
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July 29, 2020
29
Jul'20
Campaigners urge government to resist big tech lobbying pressure
Lobbyists for big tech, supported by senior US politicians, have rallied against stricter regulation of technology companies, and threatened the US-UK trade deal unless Britain scraps plans to levy a digital services tax
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July 28, 2020
28
Jul'20
NCSC inducts six security startups to Cyber Accelerator
10-week programme will guide some of the UK’s most innovative security startups as they scale their businesses for future growth
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July 28, 2020
28
Jul'20
Latent demand for fertility tech identified by market study
Global investment in fertility tech startups tops $2.2bn over five-year period, with significant growth opportunities going forward due to combination of technological innovation and latent demand for fertility treatments
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July 24, 2020
24
Jul'20
Venture firm Public launches fourth GovTech accelerator
The GovStart 2020 accelerator programme is looking for innovators working on transport, health and workforce-related technology to help get more startups working on the delivery of public services
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July 23, 2020
23
Jul'20
Business resilience key to startups ahead of post-Covid recession
Startups should begin building up their resilience to resist unattractive acquisition bids ahead of post-Covid recession
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July 15, 2020
15
Jul'20
Huge declines in traditional outsourcing as Covid-19 puts a stop on deals
Traditional IT outsourcing deals value plummets in the last quarter as contracts dry up amid Covid-19 disruption
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July 08, 2020
08
Jul'20
Security funding soars despite Covid-19 slump, but problems lie ahead
The overall cyber security funding ecosystem in the UK is healthier than ever despite Covid-19, but the figures mask stark and concerning disparities in where the money is going
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July 06, 2020
06
Jul'20
Lorca scale-ups bring diverse security to the fore
London Office for Rapid Cybersecurity Advancement announces the cyber security scale-ups that will make up its fifth cohort
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July 06, 2020
06
Jul'20
Ferry port implements terminal operation system remotely
UK ferry port takes advantage of suppliers remote-working capability to complete IT project during lockdown
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July 03, 2020
03
Jul'20
Green tech needed for post-Covid economic recovery
Green technology investments could help society recover from the coronavirus – and prepare it for the long-term negative social and economic outcomes of climate change
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July 03, 2020
03
Jul'20
Bergen’s tech hub seeking to scale after positive start
Norway's second largest city is building a tech ecosystem that is beginning its development with a focus on the city's industrial heritage
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July 02, 2020
02
Jul'20
New normal of remote working sees more than half of innovation budgets cut
Nearly one-fifth of tech executives have seen significant reductions in their innovation budgets because of the Covid-19 pandemic, says report