Australia’s richest man files lawsuit against Facebook over scam ads February 3, 2022 Facebook is in hot water once again after an Australian billionaire launched legal proceedings against parent company Meta. Iron ore magnate Andrew Forrest today confirmed the launch of criminal proceedings against Meta in an Australian court, alleging that it breached anti-money laundering laws and let its platform be used to scam Australians. The Fortescue metals [...]
Interview: Zoom beyond lockdown February 3, 2022 Zoom CIO Harry Moseley talks to Leah Montebello about the firm beyond Covid-19
Vodafone chief calls for consolidation amid fears European mobile operators are falling behind February 2, 2022 Vodafone chief urges policymakers to allow European mobile operators to merge and consolidate as firms feel mounting pressure. European telecoms companies face a bill of up to €300bn to roll out super fast 5G across the continent, which some argue is made harder by regulators demanding multiple operators compete in each market to keep consumer [...]
White House cybersecurity lead to help NATO prep for potential Russian cyberattacks February 2, 2022 The US has sent its top cybersecurity official to NATO in a bid to prepare European allies for potential Russian cyberattacks. Intelligence assessments suggest that Russia would issue cyberattacks on Ukraine’s electricity grid, its communications systems and its government, prior to invading. The relationship between Russia and Ukraine has been turbulent since Ukraine gained independence [...]
UK to strengthen ‘space clusters’ following £1.4bn defence investment February 2, 2022 The UK is set to inject extra cash into so-called ‘space clusters’ – regional hubs where the space industry is booming, such as Cornwall and Scotland. Forming part of the government’s Levelling Up White Paper today, it comes as the Ministry of Defence (MoD) confirmed a £1.4bn investment into future space defence yesterday. Defence secretary [...]
Microgravity as a service: Commercial space sector gets NASA green light February 2, 2022 Microgravity is increasingly widening the benefits of space, allowing scientists to manipulate materials and elements in ways that are impossible on Earth. However, there is limited investment in microgravity as a commercial sector. Used frequently by astronauts within the International Space Station (ISS), what it could mean for the UK’s pharmaceutical industry is yet to [...]
PM pulls out of tech chief meet-up following Sue Gray party report February 1, 2022 The Prime Minister pulled out of a well-publicised meeting with tech chiefs yesterday as he focussed on responding to the report into lockdown parties at Downing Street.
Hiro Metaverse heads for £115m London listing as UK games industry booms January 31, 2022 Hiro Metaverse announced this afternoon that it plans to raise up to £115m by listing itself on the London Stock Exchange, as the blank-check company looks to tap into the video games and metaverse industries in the UK.
UK tech IPOs raise record £6.6bn last year doubling 2020 figures January 31, 2022 UK tech IPOs raise record £6.6bn last year doubling 2020 figures
HBSC injects ‘eight-figure funding’ into indie UK video game firm Rebellion January 31, 2022 Independent UK video game studio Rebellion has received eight-figure funding from HSBC to help scale its business.