UK tech vacancies easier to fill than any other European country December 7, 2021 New analysis by the world’s largest job site Indeed has shown that the number of UK tech sector vacancies posted on the platform doubled (up by 101 per cent) between October 2020 and October 2021.
Rohingya sue Facebook for £150bn over its role in Myanmar genocide December 6, 2021 Rohingya victims of Myanmar's genocide in the UK and US are launching legal action against Facebook over its negligence towards hate speech.
Biotech BenevolentAI to make £1.3bn market debut in Europe’s biggest Spac deal December 6, 2021 British biotech BenevolentAI has today agreed to go public at a €1.5 billion (£1.3bn) valuation in Amsterdam via Europe’s largest-ever merger via a special acquisition company (Spac). BenevolentAI’s deal with Odyssey, a blank cheque company founded by dealmaker brothers Michael and Yoel Zaoui, will allow it to raise €390 million (£332 million) ahead of its [...]
Tech giants Alphabet, Meta and Amazon control half of ads outside China December 6, 2021 New data has revealed just how heavily Alphabet's Google, Meta and Amazon dominate advertising.
Aerospace Institute unveils liquid-hydrogen aircraft concept December 6, 2021 The UK Aerospace Technology Institute (ATI) unveiled today the concept for a liquid-hydrogen aircraft able to fly non-stop from London to San Francisco. Funded by the government and led by ATI, the FlyZero project received a £15m investment, Bloomberg reported. “These designs could define the future of aerospace and aviation. By working with industry, we [...]
EV patents rise as net zero deadline drives fossil fuels down December 6, 2021 The number of electric vehicle (EV) patents has gone up all across the world, while fossil fuel ones have registered a rapid decrease in the last five years – a sign that manufacturers are taking seriously the decision made by governments to phase out the sale of new fossil fuel cars from 2030. Data from [...]
ICAS CEO Bruce Cartwright CA on embedding technology at the heart of the organisation December 6, 2021 | City Talk This article first appeared in ICAS’ CA magazine. Embedding technology at the heart of ICAS, including its education and training, will prepare the profession for digital and hybrid futures, says CEO Bruce Cartwright CA Technology continues to evolve at a rapid pace. And, during the pandemic, we’ve all been at the cusp of that wave. In [...]
Canadian biotech Ondine picks London and floats in £104m IPO December 6, 2021 London’s life sciences assets have been boosted this morning as Canadian-headquartered Ondine Biomedical made its debut on the Aim market at a valuation of £104m. Ondine raised around £23m prior to the listing, and it plans to use the IPO funds to roll out its first product, a “photo-disinfection liquid treatment” that is says destroys [...]
Will autonomous vehicles succeed in revolutionising travel? December 6, 2021 | City Talk Investors have a bird’s-eye view of the driverless revolution happening before their eyes Recently, Cruise, the autonomous vehicle subsidiary of General Motors, announced that they plan to have one million or more autonomous vehicles in their fleet by 2030. In late September 2020, the research arm of Toyota Motor Corporation, Woven Planet, acquired Renovo, an automotive operating system software [...]
Elon Musk is being allowed to ‘make the rules’ in space warns ESA December 5, 2021 The chief of the European Space Agency has warned that governments are allowing tech billionaire Musk to "make the rules" in space.