Judge says No: Mike Lynch loses High Court battle to delay extradition to US January 26, 2022 British technology tycoon Mike Lynch, who is facing extradition to the US after being accused of fraud, has lost the latest stage of a legal battle. Lynch wants Home Secretary Priti Patel to be given more time to make an extradition decision. He mounted a High Court challenge after a judge who oversaw an extradition [...]
Smart device security law banning easy-to-guess passwords edges a step closer January 26, 2022 MPs are set to debate a new law to keep consumers’ phones, tablets, smart TVs, fitness trackers and other devices secure from cybercriminals today.
InstaDeep raises $100m to ramp up development of ‘real world’ AI technology January 25, 2022 London-based AI firm InstaDeep has today announced $100m funding injection which it will use to fuel a global expansion and ramp up development of AI technologies.
Bridgepoint sells off Element Materials to Singaporean Temasek for $7bn January 25, 2022 Element Materials Technology has been snapped up by Singapore-based Temasek from British investment giant Bridgepoint today. A deal has been on the horizon for some time, with Element rumoured to be in the sights of investment duo Cinven and Canada Pension Plan Investment Board in November. London-based Element, which offers testing services for materials used [...]
Sales and productivity have jumped since move to four-day work week, says London tech firm January 25, 2022 A London-based tech company has seen a 30 per cent boost in sales since moving to a four-day work week, the agency told Morning Wire Since the change to a four-day, 32 hour working week, implemented in October of last year, technology consultancy company THRYVE ahas also seen its productivity go up by 20 per [...]
Government calls in Google and Microsoft to help advise on ‘free flow of data’ innovation January 25, 2022 A group of experts combining the world’s leading academics and digital industry figures, including Google, Mastercard and Microsoft, will meet for the first time today to help Britain seize the opportunities of better global data sharing.
MPs: Online harm bill a “missed opportunity” to rein in tech giants January 24, 2022 Martyn Landi / Press Association The Government’s draft Online Safety Bill would fail to prevent the sharing of the most “insidious” images of child abuse and violence against women and girls, a new report from MPs has warned. The House of Commons Digital, Culture, Media and Sport (DCMS) Committee said the draft legislation is currently [...]
Forbes 30 under 30 data shows London is the best city in the world to be a young entrepreneur January 23, 2022 Using the Forbes 30 Under 30 lists from Europe, North America, Russia, Asia and Africa, London has been named as the best city in the world to be a young entrepreneur. Despite North America being by far the most popular in providing Forbes Under 30 candidates, London is the most popular city for young entrepreneurs [...]
Elon Musk lashes out at Twitter over NFT profile pictures January 21, 2022 Twitter has dropped a new feature which allows users to showcase hexagon-shaped NFTs on their profiles.
‘It was always going to disappoint’: Analysts react to Netflix’s slowed growth as shares tumble 20 per cent January 21, 2022 Netflix shares take a beating as the streaming giant warned of "intensified" competition in the market as its pandemic glow begins to fade.