Moneyfarm expands into Germany with acquisition of digital wealth manager Vaamo November 20, 2018 Digital wealth manager Moneyfarm has expanded into Germany with the acquisition of Vaamo, the UK-based company announced today. The deal – the value of which was not disclosed – marks Moneyfarm’s entrance into its third European market, after establishing a presence in the UK and Italy. Vaamo co-founders and chief executives Thomas Bloch and Oliver [...]
Samsung to put its voice assistant Bixby in all devices by 2020 November 20, 2018 Samsung Electronics has put its faith in its smart voice assistant Bixby, today announcing a pledge to put the software in all of its electronic products by 2020. The technology, chosen as a rival to Amazon's Alexa, was launched last year via Samsung's top tier smartphone range. The Korean tech giant said at a developer conference [...]
Meet London’s 25 under 25 up and coming tech stars November 20, 2018 Industry network Tech London Advocates has today launched its first 25 under 25 list, highlighting the best and brightest of the UK's next generation of tech talent. Gathering insight and nominations from its community of over 6,000 technology leaders, founders and investors, the list aims to recognise the breadth of tech expertise in the UK and [...]
Tandem Bank takes in £15m from Convoy in Hong Kong expansion November 20, 2018 Fintech challenger bank Tandem has today closed a strategic partnership with Convoy Global Holdings, a Hong Kong-based financial services group which will make the London startup one of the first digital banks to launch in the city. Convoy is investing an initial £15m into Tandem Bank as part of the deal, which will provide Tandem with [...]
Twitter picks a man named John Lewis as the star of its new Christmas advert November 20, 2018 Every year, a man named John Lewis in Virginia receives over 50,000 tweets intended for UK department store John Lewis and Partners. This year, he's been made the star of Twitter's Christmas advert. Lewis secured the Twitter username @JohnLewis in 2007, and has become known for his witty responses to people who confuse him for [...]
European tech stocks slump in worst fall for seven years on Apple woes November 20, 2018 European technology stocks have been hit by their biggest quarterly drop since 2011, after production worries for Apple caused a global industry wobble. Stocks on the pan-European stoxx 600 tech index fell more than 1.8 per cent in trading this morning, hitting its lowest level since February 2017 and charting a quarterly loss of more than 14 [...]
All I want for Christmas… is for retailers to get real and rethink their festive ads November 20, 2018 TV has long been a staple of Christmas advertising, highlighted by the millions of people who look forward to the annual John Lewis spot. This year, the retailer reportedly spent millions of pounds on a cameo from Elton John, though it is being tight-lipped about exactly how much. However, while the department store’s festive offering [...]
Banks should watch out – the fintech era has barely begun November 20, 2018 The fintech sector makes a lot of noise in London. There’s an endless stream of news about open banking and challenger banks, while the traditional finance sector watches on with a mixture of admiration and suspicion. Banks have come under attack, not only from the hype-machine, but more meaningfully from startups. Traditional finance providers that assumed [...]
Google and DeepMind are playing fast and loose with society’s trust November 20, 2018 Last week, we were greeted by the disturbing news that DeepMind, an artificial intelligence subsidiary owned by Google’ s parent company Alphabet, is moving some of its healthcare activities into the newly formed Google Health. This isn’t the first time that one of the tech giants has been accused of making misrepresentations to consumers, using [...]
The UK’s technology startups are raising the bar in European venture capital November 20, 2018 The UK's share of the European venture capital industry has grown exponentially over the last decade, as investors turn towards larger and later-stage deals in a focus on the country’s growing startups. Data compiled by Octopus Ventures has today revealed that the UK now receives 42 per cent of all venture capital funding in Europe, [...]