Hillary Clinton has backed public service blockchain applications as part of her technology manifesto June 29, 2016 Democratic presidential candidate Hillary Clinton backed blockchain in her Initiative on Technology & Innovation, released on Monday. Clinton, who according to the Associated Press has won enough support to secure the Democratic Party's nomination, announced she would back the distributed public ledger technology if she became president, as part of a wider strategy to promote innovation and ensure [...]
Fintech boss Rajesh Agrawal named as deputy mayor for business and enterprise June 29, 2016 Fintech entrepreneur Rajesh Agrawal has been named as the new deputy mayor for business and enterprise. Agrawal, chief executive of Rational FX and online money transfer platform Xenday, was named to the position by London mayor Sadiq Khan earlier today. Khan has tasked Agrawal with protecting jobs and growth while trade negotiations with the European Union and other countries take place. Agrawal said: Having run my [...]
Taxpayers’ investment into science is being poured down the drain, according to a report from the Public Accounts Committee June 29, 2016 The Public Accounts Committee (PAC) has urged the government to do more to protect taxpayers' investment into science. The government is not safeguarding the intellectual property coming from UK science, the committee said – wasting taxpayer money that could be boosting the UK economy through scientific discoveries. Read more: Boaty McBoatface has a name. It's not Boaty McBoatface [...]
Oracle and BT team up for UK cloud push June 28, 2016 US software giant Oracle has entered into a partnership with BT to grow its cloud computing business. Oracle customers will be able to get on to it’s cloud through BT’s network. BT’s so-called cloud of clouds was launched in April last year and has already partnered with Amazon, Microsoft Azure, Salesforce and Cisco. After a [...]
Amazon who? Ocado shares jump as it delivers 14 per cent sales rise June 28, 2016 Everyone and their mum may be trying to get into the food delivery business at the moment (Amazon and Uber have both just launched offerings…) – but Ocado has suggested with experience comes wisdom, after it posted a juicy rise in sales. The figures Retail sales rose 13.9 per cent to £582.9m in the 24 weeks to the end of May, [...]
Forget the Nexus, Google is set to launch its own smartphone by the end of the year June 26, 2016 Tech goliath Google is expected to release it own smartphone by the end of the year in a bid to get a bigger slice of the smartphone market. The search giant has approached mobile operators to discuss manufacturing a Google-branded phone, sources told the Daily Telegraph. Currently the tech giant provides operating systems for smartphones [...]
Bitcoin price has risen more than $100 in the last 12 hours as traders panic over the EU referendum results June 24, 2016 Bitcoin has risen in value by more than $100 in the last 12 hours, as traders panicked over the outcome of the EU referendum. Just before 4am its value was at $654.08 – up from $563.92 at 5pm yesterday, according to Coinbase. The pound was taking its worst battering in years after it fell more than seven [...]
Five things we learned about the EU referendum from our Google searches June 23, 2016 Soon, we may consciously uncouple from the rest of Europe. What's it all about? Here's what the oracle of all modern day information (Google) has to say about it. 1. It's the economy, stupid Immigration or the economy? When it comes to the referendum's effect on the country, it's apparently money that matters to us the most. Of [...]
Meet the tech foals to watch if you’re looking for growth June 23, 2016 London is home to 14 billion-dollar valued tech firms, or unicorns. It is the digital capital of Europe, a hub unrivalled in Stockholm, Berlin, Paris or Tel Aviv. But long-term growth doesn’t come from high profile valuations, but the next generation of emerging businesses. In this year’s European Unicorn 2016 report, our analyst team has [...]
Forget unicorns, it’s all about gazelles June 23, 2016 Investors, founders and journalists tend to become animated when discussing unicorns, those rare tech startups valued at over $1bn. Some consider these companies the pinnacle of success, while others claim they represent market froth and an impending correction. Research released this week by GP Bullhound found that in 2016 Europe as a whole has seven [...]