Fintech brokerage startup set up by footballer Ryan Bertrand announces £1m seed funding November 10, 2016 It’s a big week for England footballer Ryan Bertrand. Not only will he be fighting for his place in the Scotland match on Friday, his brokerage startup is also announcing it has raised £1m in seed funding. Pacific & Orient Berhad, a Malaysian-listed company with a UK subsidiary, led the funding round, supplemented by angel [...]
Hitman Season One review: There’s nothing in gaming that’s quite so deviously inventive November 9, 2016 Globetrotting assassination might sound like hard work, carrying all those bodies around and avoiding being spotted, but in the crime-ridden world of gun-for-hire Agent 47 it’s a surprisingly creative profession. Fun, even, if you can call choking, shooting, crushing, exploding, stabbing, incinerating and pulverising your various targets enjoyable. Square Enix’s episodic experiment has wrapped up [...]
Call of Duty: Infinite Warfare limps into outer space, but its generic sci-fi stylings are anything but stellar November 9, 2016 This year’s Call of Duty takes place in a war-torn vision of the future that, given the current political climate, seems entirely too achievable. Mankind has successfully mastered space travel, colonising the planets of our solar system using our fleet of cool spaceships. But despite our advanced technology, infinite resources and superfast iPads, we’re still [...]
The Bank of England has revealed the startups in its fintech accelerator November 9, 2016 The Bank of England has lifted the lid on its groundbreaking fintech accelerator which launched back in June. Speaking at the Web Summit in Lisbon on Wednesday, the central bank's chief operating officer Charlotte Hogg said it had been focused on three key areas: "data analytics, information security, and some work exploring distributed ledgers." "Just over [...]
Don’t be fooled by the Tesco Bank hack – Hackers are more likely to go after firms outside of financial services November 9, 2016 Despite the recent high profile hack on Tesco Bank, cyber criminals are increasingly unlikely to target financial services firms. The Tesco Bank attack – branded unprecedented by top regulators – runs against the trend for hackers to focus on non-banks with lower levels of cyber security, City law firm RPC has warned. According the law firm data [...]
Here’s what tech stocks are doing after Trump’s win November 9, 2016 Shares in Google parent Alphabet, Apple and Amazon were down more than two per cent in pre-market trading on Wednesday after Donald Trump clinched victory from Hillary Clinton to become the next President of the United States. Many of the firms hold billions of dollars in profits offshore so they don't have to pay a 40 [...]
Hired raises another $30m to recruit tech talent for Facebook, Uber and top tech companies November 9, 2016 Recruitment startup Hired has landed a new round of funding just months after it last raised cash, City A.M. can exclusively reveal. The Ontario Pension Board and wealth advisory firm Glenmede Trust, both of which already have a stake in the firm via venture capital (VC) investments, are among new investors to put $30m (£24.2m) into the startup, [...]
European tech startups just got a major €1.6bn boost November 8, 2016 Brussels is launching a fresh fund to boost investment in startups across Europe which is expected to create more than a billion euros in capital ready to be put into up-and-coming technology firms. The European Commission will commit up to €400m (£357m) to the European Investment Fund's (EIF) new fund-of-funds and will look for three times more investment from institutional investors to make up to [...]
Entrepreneurs must be nimble in the face of cyber risks November 8, 2016 Chancellor Philip Hammond announced last week that, over the next five years, the government will invest £1.9bn in trying to tackle cyber attacks. There’s an argument that a sizable chunk of this funding should be directed towards stopping the problem at source abroad, but for UK-based entrepreneurs, their fight against cyber crime will necessarily be [...]
National Crime Agency launches criminal investigation over Tesco Bank fraud attack November 8, 2016 The National Crime Agency (NCA) has launched a criminal investigation into the recent fraud attack on Tesco Bank. The National Cyber Security Centre (NCSC) said it was working with the NCA and Tesco Bank, as well as other groups, and said it was "providing direct assistance to the company at their request, including on-site assistance". Tesco Bank uncovered [...]