Budget 2021: UK tech sector ‘delighted’ with spending plans March 3, 2021 The UK’s thriving tech sector has hailed Rishi Sunak’s spending plans in the Budget today, saying the chancellor was “backing tech in a big way”. Announcing the Budget this afternoon, Sunak unveiled a raft of new measures aimed at boosting both startups and established tech firms. “This government should be applauded for committing heavily to [...]
Online sales tax would ‘kneecap’ small retailers, startups warn March 2, 2021 The introduction of a new online sales tax would “kneecap” retailers and have a disproportionate impact on smaller businesses, UK startups have warned. In his Budget tomorrow, chancellor Rishi Sunak is expected to launch a consultation on new levies targeting online retailers such as Amazon and Asos that have seen their profits soar during the [...]
Darktrace appoints former BT boss to board ahead of £4bn float March 1, 2021 Darktrace has appointed former BT chief executive Sir Peter Bonfield to its board ahead of a potential stock market float that could value the cybersecurity giant at £4bn. Bonfield has more than five decades of experience in the tech sector, including a six-year tenure as boss of the blue-chip telecoms giant. He currently serves as [...]
Nvidia resists UK jobs guarantee after $40bn Arm takeover March 1, 2021 British chipmaker Arm is facing uncertainty over its future headcount as Nvidia resists a guarantee on jobs following its planned $40bn (£29bn) takeover. California-based Nvidia is in talks with the government over potential commitments linked to the mammoth merger, including maintaining Arm’s headquarters in Cambridge. The company has pledged to keep the chip giant in [...]
Tech platforms must be more transparent over news, says Reach boss March 1, 2021 Tech giants such as Facebook and Google must be more transparent over how they use news content, the boss of publishing group Reach has said. The social media companies have been embroiled in controversy surrounding their control over online media after Facebook blocked access to news in Australia. Jim Mullen, who leads the publisher behind [...]
How Bloodborne dragged me through the dark days of lockdown February 27, 2021 In the before-times, people like me – people in the prime of their working lives, three decades away from collecting a pension – would occasionally drift into reverie about what it might be like to retire. The books we would read, the places we would visit, the things we would create. Somewhere, the mother of [...]
Cyber gang hacks into Oxford University’s Covid-19 lab February 25, 2021 Oxford University Lab Strubi has been hacked by Cybergang selling secrets
Twitter shares take flight as it unveils plan to double revenue by 2023 February 25, 2021 Shares in Twitter pushed eight per cent higher this afternoon after the social media platform said it plans to double its annual revenue to at least $7.5bn (£5.3bn) over the next three years. Announcing a string of long-term goals ahead of its analyst day today, the company also said it aims to reach 315m monetisable [...]
London has highest level of antibodies in England, study finds February 25, 2021 London currently has the highest level of Covid antibodies in England, a major new study has found, following a huge surge in coronavirus cases in the capital over Christmas. Imperial College London’s latest React study used blood tests on over 155,000 people to test for immunity levels against coronavirus. One in seven people in England tested [...]
Brits could receive £480m payout in Qualcomm smartphone legal case February 25, 2021 Roughly 29m Brits could be entitled to a £480m payout if a landmark legal claim against US chipmaker Qualcomm is successful. Consumer group Which is suing Qualcomm over claims it breached UK competition law by taking advantage of its dominance in the patent-licensing and chipset market. The lawsuit alleges that this enabled the chipmaker to [...]