Government cancels £1.3bn in AI funding as spending cuts bite August 2, 2024 The new Labour Government has shelved £1.3bn of “unfunded” investment for UK tech and AI projects promised by the Conservatives. The Department for Science, Innovation and Technology (DSIT) said no new funding for the programmes had been allocated in the previous Tory government’s spending plans, and therefore will not be taken forward. It included £800m [...]
Trustpilot expects revenue jump on ‘strong growth’ amid share price rally July 11, 2024 Trustpilot has said it expects to report a jump in revenue for the first half of 2024 as the global review platform looks to keep up a rally in its share price.
UK sweeps a third of European tech funding in 2024 as London and Cambridge boom July 11, 2024 UK firms have received nearly a third of European venture capital tech funding so far this year, new data shows, as investors flock back to London and Cambridge bolsters its credentials as an international hub.
Square Mile and Me: Flavilla Fongang on her career, from McDonald’s to tech’s most influential woman July 11, 2024 From McDonald's to the most influential woman in tech, entrepreneur Flavilla Fongang takes us through her career.
Worst corporate jargon of the week: Architect July 11, 2024 Thought architects designed builders? Wrong! Architects now build the intangible world: data architects, content architects, even video architects.
The Notebook: How Labour can make the UK a tech superpower July 9, 2024 This Labour government has the power to make the UK a tech and science superpower if it takes these steps, writes Owen Thompson.
The Notebook: Freedom of speech at risk under Labour’s online safety plans July 8, 2024 Silkie Carlo tells us what to expect from Labour's online safety plans - and how they might put personal rights at risk.
Activeops ‘well placed’ for investment as profit rises July 3, 2024 The firm posted a pre-tax profit of £1m, up from a loss of £0.2m the year prior. Revenue meanwhile rose five per cent to £26.8m.
Mindgym swings to loss as macroeconomic headwinds dent confidence June 17, 2024 The AIM-listed firm, which uses behavioural science to improve the performance of company's employees, has been hit by macroeconomic headwinds.
Election 2024: Labour will be ‘partner’ not ‘barrier’ to innovation June 11, 2024 A Labour government will be a “partner that can unlock potential”, not a “barrier” to innovation, shadow minister Peter Kyle has pledged.