News

Technology startups

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
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
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
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

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
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
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
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
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
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

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
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
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
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
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
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
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
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
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
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
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
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
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
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
July 02, 2020 02 Jul'20
Accenture to cut 900 UK staff

Accenture is cutting 900 jobs in the UK, as business levels drop amid the global Covid-19 pandemic
June 30, 2020 30 Jun'20
Government expands Future Fund eligibility criteria

The Future Fund will now be accessible to startups that have previously taken part in accelerator programmes, but early-stage firms continue to struggle
June 29, 2020 29 Jun'20
GCHQ launches Manchester accelerator programme to help firms leverage tech for citizen well-being

Innovation Co-Lab will mentor companies to grow, prevent crime and improve online safety
June 26, 2020 26 Jun'20
CBI: Government must take steps to drive SME business innovation

The coronavirus pandemic has shown how much can be achieved in a short period with a strong partnership between government and industry – and this needs to continue
June 25, 2020 25 Jun'20
CBI: Digital economy needs joined-up regulations and gigabit broadband

The coronavirus pandemic has shown the need for fast, reliable networking across the UK. The CBI is urging the government to do more
June 25, 2020 25 Jun'20
Peer-to-peer lender Zopa gets full banking licence

Peer-to-peer lending pioneer works towards creating the ‘Netflix of banking’
June 18, 2020 18 Jun'20
Nordic business is leading open banking charge in Europe

Nordic region has the right ingredients to prove open banking can benefit consumers, businesses and the economy
June 11, 2020 11 Jun'20
Amazon bans police use of its facial-recognition technology for a year

Tech giant claims it has been an advocate for stronger government regulation on the ethical use of facial recognition
June 10, 2020 10 Jun'20
CogX 2020: Rethinking technological innovation

Innovation processes and relationships must be fundamentally restructured to bring in more stakeholders, and spread the benefits of technological change as far as possible
June 10, 2020 10 Jun'20
Berlin breaks the national mould to become a global hub

German capital is attracting tech startups from across the world as it cements its position as a leading European hub
June 09, 2020 09 Jun'20
Major technology companies ‘negligent’ on forced labour practices

Most of the world’s largest information technology companies continue to leave supply chain workers at serious risk of forced labour, according to a new report that highlights the sector’s inaction
June 05, 2020 05 Jun'20
London Tech Week to go ahead through Zoom

London Tech week will go ahead next week, with the tech industry attending through Zoom
June 02, 2020 02 Jun'20
Government departments could cut payment costs through API deal

The UK government adds fintech to its approved procurement list which promises to cut the costs of receiving payments
June 01, 2020 01 Jun'20
Former Sage boss becomes chairman of Tech Nation

After five years as chair of Tech Nation, Eileen Burbidge has stepped down. Replacing her is Stephen Kelly, who says he wants to support the next generation of tech scaleups
May 29, 2020 29 May'20
UK fintech investment reaches record high

Huge increases in UK fintech investment over the past three years has seen the sector explode, but most of the activity is still concentrated in London
May 27, 2020 27 May'20
British companies dominate safety tech sector

UK companies dominate ‘safety tech’ sector with a quarter of global market share, says report, although legislation regarding online harms has stalled
May 27, 2020 27 May'20
New Level39 chief sets out vision for incubator

New head of Level39 speaks to Computer Weekly about her vision for the accelerator going forward, and how it will leverage its network to support the startup and tech community
May 21, 2020 21 May'20
Cyber security magnate Kaspersky launches travel accelerator

With travel and tourism devastated by the Covid-19 pandemic, cyber security entrepreneur Eugene Kaspersky is funneling resources into an accelerator to help the beleaguered industry
May 21, 2020 21 May'20
Early-stage startups struggle to secure funding during lockdown

Investment in UK startups is being directed to a small number of already-established firms, with new data showing first-time funding has plummeted since the lockdown began
May 14, 2020 14 May'20
Coronavirus: Nearly £2bn of UK fintech investment lost so far

Investment into UK fintechs falls dramatically during Covid-19 pandemic as venture capitalists hold back
May 14, 2020 14 May'20
CenturyLink digitally revamps sales framework

The difficulty of navigating information silos during the sales process and high customer churn prompted CenturyLink to adopt new digital tools that get the right information to the right sellers
May 12, 2020 12 May'20
Opportunity in times of crisis for Nordic tech startups

Nordic tech startups face some major challenges during the Covid-19 pandemic, but this could be the making of some of them
May 06, 2020 06 May'20
Tech firms risk cashflow issues due to pandemic

Analyst Gartner warns that some tech firms may go bust because of inadequate coronavirus planning, and CIOs will need to reassess IT supplier viability
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?