‘If we’re serious about growth this is the lever to pull’, says Treasury adviser – as founders feel undervalued
Apple loses $10bn as iPhone designer Sir Jony Ive steps down June 28, 2019 The British designer behind the iPhone, iPod and iMac is set to leave Apple after nearly three decades, wiping roughly $10bn (£7.9bn) off the company’s value. Chief design officer Sir Jony Ive, who played a key role in turning Apple into the world’s most valuable company, will step down later this year to start an [...]
Nokia disowns executive’s attack on Huawei security June 28, 2019 Nokia has issued a statement disowning disparaging comments made by one of its senior executives about Chinese rival Huawei. In an interview with the BBC, Nokia chief technology officer Marcus Weldon warned the UK against using equipment made by Huawei, citing concerns about national security. Read more: Nokia warns UK over use of Huawei kit [...]
Sir Jony Ive: Six iconic Apple designs that changed tech forever June 28, 2019 The tech world has been shaken by the news that Sir Jony Ive, the veteran British designer behind a string of iconic Apple products, is stepping down after nearly three decades. As chief design officer, Ive played a vital role in transforming Apple from an ailing tech firm into the world’s most valuable company. Alongside [...]
Nokia warns UK over use of Huawei 5G kit in swipe at rival June 28, 2019 Telecoms firm Nokia has warned the UK against using equipment made by its Chinese rival Huawei, citing concerns about network security. The Finnish firm said Huawei kit had security vulnerabilities that posed a risk to 5G networks and insisted rival vendors were more reliable. Read more: Blanket bans ‘not the answer’ to Huawei question, report [...]
Getting a better deal for the consumer? That’s music to my ears June 27, 2019 It’s hard to recall now how long we’ve been hearing that the music industry is changing: in flux, in transition, in crisis, most recently in the development of reliable music streaming; like any other industry, the music business is always on the lookout for the next big thing, the opportunity to get in at the [...]
Unilever and SAP lead £4m investment round in digital reward platform WeGift June 27, 2019 The likes of SAP and Unilever have led a £4m investment round into London startup WeGift, which is aiming to become the first real-time digital reward platform. The company secured the £4m Series A funding, which was also led by venture capital firm Stride, as it also reported a 500 per cent growth in annual [...]
Calling the data doctor: How Chronomics wants to educate you about your epigenetics June 27, 2019 How old are you? A simple enough question, you may think, but not for Dr Tom Stubbs, co-founder and chief executive of epigenetic testing company Chronomics. Epigenetics is (to quote the Chronomics website) the study of heritable phenotype changes that do not involve alteration in the DNA sequence. It’s essentially how environmental factors – from [...]
Tech investor raises a record $100m in capital June 27, 2019 London venture capital firm Talis Capital has secured a record $100m (£78.8m) to invest in tech startups across the UK, Europe and US in 2019. The firm has previously backed the likes of Darktrace, Iwoca, Onfido and Luminance. Unlike other venture capital firms, Talis Capital is backed by a network of private investors and does [...]
Blanket bans ‘not the answer’ to Huawei question, report warns June 27, 2019 The UK must find a “compelling” risk management approach to Chinese tech firm Huawei rather than rolling out a blanket ban, according to a report published today. Defence think tank the Royal United Services Institute (RUSI) questioned whether it was realistic to ban all Chinese tech from UK national infrastructure, and argued the government should [...]
Autonomy founder Mike Lynch kicks off testimony in UK’s biggest fraud trial June 26, 2019 Business tycoon Mike Lynch was accused of masterminding a fraud at Autonomy in order to be “seen as a success story” as he began his month-long testimony in the UK’s biggest ever civil fraud trial. Lynch, the founder and former chief executive of Autonomy, is being sued by Hewlett Packard (HP) for $5.1bn for allegedly [...]