Zoopla investor ploughs £3.3m into London gig economy startup’s seed round February 25, 2020 Collective Benefits, a gig economy startup which is set to exit Facebook’s London accelerator next month, has closed £3.3m in seed funding. The round was led by Stride.VC, a backer of Zoopla, Secret Escapes and Pill Pack, with participation from Delin Ventures and Insurtech Gateway. Collective said a number of angel investors also joined the [...]
America has few options to take on Huawei in a 5G fight February 25, 2020 Washington has long maintained that Huawei is a national security threat. It says the company is a risk because China could use its equipment to spy on citizens. Huawei has repeatedly denied those accusations. Under Donald Trump’s presidency, the US has sought to convince countries to ban Huawei outright from next-generation mobile networks known as [...]
Alphabet drops out of trillion-dollar club amid coronavirus rout February 24, 2020 Google parent company Alphabet has dropped out of the prestigious trillion-dollar club after fears over the coronavirus outbreak prompted a wider global sell-off. Shares in Alphabet dropped almost four per cent in New York trading this afternoon, taking its market capitalisation to just below $980bn (£758bn). The fall came amid a wider decline across stock [...]
Disney Plus UK: Everything you need to know (and why The Simpsons is missing) February 24, 2020 Eager film and TV fans can today get their hands on a discounted Disney Plus subscription ahead of the streaming service’s UK launch next month, while the media giant has given subscribers a taste of its content slate. How much does it cost? Disney Plus today announced that customers can sign up for an introductory [...]
Don’t leave it up to the EU to decide how we regulate AI February 24, 2020 The war of words between Britain and the EU has begun ahead of next month’s trade talks. But as Britain sets its own course on everything from immigration to fishing, there is one area where the battle for influence is only just kicking off: the future regulation of artificial intelligence. As AI becomes a part [...]
Camden takes tech crown as it leads UK for new business creation February 24, 2020 Camden has topped the UK rankings for new business creations as London’s booming tech scene continues to drive growth in the capital. A total of 2,110 net new businesses were created in Camden in 2018, according to figures published today by private equity investment firm Growthdeck. This was closely followed by Westminster with 2,100, while [...]
France warns of tech tax chaos if global deal not reached this year February 23, 2020 Failure to reach a global agreement on how to tax tech giants such as Google and Facebook would lead to a chaotic mix of different tax regimes, France’s finance minister has warned. Bruno Le Maire today called on international leaders to reach a consensus over tax reform by the end of the year or risk [...]
David Davis: Huawei deal is ‘worst intelligence decision since Cambridge Five’ February 23, 2020 Former Tory cabinet minister David Davis has lambasted the government’s 5G deal with Chinese tech firm Huawei, branding it the “worst intelligence decision since MI6’s recruitment of Kim Philby”. Davis, who served as Brexit secretary under Theresa May, warned the verdict posed a huge risk to national security and likened it to the appointment of [...]
The best cycling gear of 2020: Here’s how to get the most out of your ride February 20, 2020 The storms have passed, the skies are clearing and your excuses for not getting back on your bike are evaporating like so many brown puddles. Whether you’re commuting along cycle superhighways, or just looking to take your bike for a spin through the countryside, here’s our pick of the best (or most interesting) cycling gear [...]
Sorry! Justin Bieber’s details leaked in huge MGM Resorts hack February 20, 2020 Popstar Justin Bieber and Twitter founder Jack Dorsey are believed to be among 10.6m people who had their data leaked after MGM Resorts was hacked last year. Names, addresses and passport numbers featured among the details stolen from former guests of the chain, which owns a string of hotels in Las Vegas and around the [...]