Meet the UK’s 70 fastest-growing tech firms November 20, 2019 70 of the most promising high-growth tech firms in the UK have been named as the country’s top scaleup companies by tech group Silicon Valley Comes to the UK (SVC2UK). Media intelligence company Signal AI, car insurance specialist Cuvva, and online plant store Patch are among the firms that have been selected for SC2UK’s 2019 [...]
Brexit campaigner Arron Banks has Twitter account hacked November 19, 2019 Self-described “bad boy of Brexit” Arron Banks has had his Twitter account hacked and his personal messages shared online. Banks – who co-founded Leave.Eu – also accused Twitter of not taking action or removing the “illegal data downloads” from the platform. Read more: Arron Banks apologises for Leave.Eu tweet about Angela Merkel that ‘went too [...]
Audio firm Focusrite records strong year of growth but warns on outlook November 19, 2019 Shares in audio equipment firm Focusrite dropped more than seven per cent today as it warned of a more subdued first quarter of trading following a bumper year of growth. The Aim-listed company posted revenue of £84.7m for the 12 months to the end of August, up almost 13 per cent on last year, while [...]
Google Stadia responds to complaints over lag on gaming platform November 19, 2019 Google’s Stadia has responded to complaints that lag is affecting services on the new cloud-based game streaming platform. Early adopters have complained about latency – delays between when they press a button and that action being carried out in-game – on the new service. Read more: Google announces Stadia game streaming platform Google vice president [...]
Virgin Media website down: Customers complain as provider denies broadband outage November 19, 2019 Virgin Media broadband customers complained after being left without internet today, but the company denied it has suffered a major outage. Virgin Media’s status checker, which allows users to check the level of service in their local area, was inaccessible, with the company saying it was undertaking “essential work on our systems”. Read more: 21 [...]
London software firm Kape snaps up US cybersecurity company for $95m November 19, 2019 London-based security software firm Kape Technologies today said it has acquired US online privacy company Private Internet Access (PIA) for $95.5m (£74m). Kape, which provides privacy-focused security software, said the merger will create a new global cyber company and almost double its profit. Read more: Labour suffers second cyber attack in 24 hours The Aim-listed [...]
Augmented reality to add £62.5bn to British economy by 2030 November 19, 2019 Virtual and augmented reality (AR) technologies are forecast to add £62.5bn to the UK economy in the next decade, as businesses embrace innovation in the workplace. More than £44bn of the 2.44 per cent injection to UK GDP will come from AR, according to research published today by PwC. The technology is used by the [...]
Snapchat says it fact checks political ads in dig at rival Facebook November 18, 2019 Snapchat boss Evan Spiegel has revealed that his platform fact checks all political ads, as he took a swipe at rival social media firm Facebook. Read more: Mark Zuckerberg defends politics ads on Facebook after Twitter ban Tech giants have come under fire in recent months over their failure to crack down on adverts that [...]
Corporate sponsors review links to Duke of York’s Pitch@Palace scheme after disastrous interview November 18, 2019 FIRMS are under scrutiny over their support for Prince Andrew’s Pitch@Palace initiative, as the fallout from the Duke of York’s weekend interview regarding his relationship with convicted sex offender Jeffrey Epstein continues. Founding partner of the entrepreneurs’ mentoring scheme KPMG is said to have decided not to renew its sponsorship, which expired at the end of last month. It [...]
Trump administration grants Huawei another 90-day reprieve on trade ban November 18, 2019 US President Donald Trump’s administration has issued a fresh 90-day extension allowing American companies to continue doing business with controversial Chinese tech firm Huawei. In May the US added Huawei to a trade blacklist, citing concerns its technology could be used for spying by authorities in Beijing. Read more: Huawei rewards staff with $286m in [...]