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Tech

  • 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.

  • Exclusive: UK businesses making strides in quantum computing despite the technology being considered “overhyped”

    January 21, 2022

    New research of UK business decision makers has revealed that 55 per cent of companies think that quantum computing – a type of computing that uses quantum mechanics so that it can perform certain types of computation more efficiently than a regular computer – is an overhyped technology.

  • London film studio reveals ambitious plans to broadcast from space by 2024

    January 20, 2022

    A London entertainment studio has ambitious plans to film the first-ever movie in space – which could come to fruition before the end of the decade. Space Entertainment Enterprise (SEE) is currently co-producing Tom Cruise’s upcoming space movie with Hollywood veteran Doug Liman. Alongside production, Southwark-based SEE has revealed plans to launch a micro-gravity film [...]

  • TikTok’s rocket revenue slows down as China tightens grip on big tech

    January 20, 2022

    TikTok's momentous ascent may be slowing as insiders reveal that revenue grew by 70 per cent year-on-year to around $58bn in 2021, down from its 100 per cent growth rate in 2020.

  • Meta plots entry into red hot NFT market

    January 20, 2022

    Meta is reportedly working on plans to let users create and sell non-fungible tokens as the global market for digital collectibles heats up.

  • Cyberattacks on the rise as skills shortage sees law firms made easy target

    January 20, 2022

    Law firms, accountants, and consultancies are becoming an easy target for cyberattacks, as they lack the IT skills to protect themselves. Almost two-thirds (65 per cent) of IT experts working in professional services companies said they believe their firms are facing a shortage of cybersecurity skills, according to a report from cybersecurity company Keeper. In [...]

  • Network International revenues jump as Dubai bounces back from pandemic

    January 20, 2022

    Digital payments giant Network International reported a jump in revenues in the past year driven by record levels of customer growth.

  • Chip industry revenue tops $500bn for the first time amid roaring demand

    January 19, 2022

    Revenue in the global chip industry soared 25 per cent last year, exceeding an eyewatering $500bn for the first time on record, according to new data. A combination of strong demand amid a short supply and the inflation of raw material costs has pushed up the average selling price for semiconductors, Stamford-based research services company [...]

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