Are Britain’s banks close-minded to Open Banking? January 14, 2019 Lauded as the start of a new revolution in banking, Open Banking was expected to take the financial world by storm when it was introduced almost a year ago to the day. The set of new rules require that the big banks allow their customers to share their own transaction data with third parties. Specifically designed to open [...]
Global cyber attacks soar by 63 per cent in three years as criminals harness AI January 11, 2019 The number of significant cyber attacks has grown by more than 50 per cent in the last three years, with artificial intelligence increasingly being used as a cyber security threat, Linklaters has warned. A new report from the global law firm has revealed that there were 67 significant cyber incidents worldwide in January to October 2018, [...]
London raked £1.8bn in tech funding last year, almost double its next closest rival January 9, 2019 London has retained its spot at the top of the tech charts for another year, securing almost double the amount of investment in 2018 than its next closest European competitor. Tech firms in the capital raised £1.8bn in venture funding and public listings in 2018, raking in 72 per cent of the UK’s £2.5bn total [...]
Police handed new powers to tackle illegal drones after Gatwick chaos January 8, 2019 Police are to get additional powers to help combat the illegal use of drones following the mass disruption at Gatwick airport last month. Thousands of flights were grounded at Gatwick between 19 December and 21 December after drones were repeatedly sighted close to the runway. Read more: Gatwick and Heathrow spend millions to avoid more [...]
Britain needs to step up to win the global AI healthcare race January 7, 2019 At this time of year, the news is invariably gearing up for a season full of stories about a crisis in hospital care. But away from the headlines, Britain is on the brink of a real global health success story – one we must capitalise on in 2019. It’s no stretch to say that the UK [...]
Gousto cooks up £18m funding and signs up ‘The Body Coach’ Joe Wicks January 6, 2019 Meal kit company Gousto has cooked up a further £18m worth of funding and welcomed fitness writer Joe Wicks on board. New investors, including Wicks, Unilever Ventures, Hargreave Hale, MMC Ventures and Angel CoFund have backed the recipe box company, it said yesterday. Gousto, which deliver 1.5m meals a month to customers, has now raised [...]
Gatwick and Heathrow spend millions on anti-drone equipment after Christmas travel chaos January 4, 2019 Gatwick and Heathrow are spending millions of pounds on anti-drone technology after drones disrupted thousands of passengers in the run-up to Christmas. The airports, which are the two busiest in the UK, have invested in military-grade equipment designed to jam drone signals. Read more: Drones, AI and 5G: Our tech predictions for 2019 A spokesperson [...]
Alexa: Tell me why I can’t have a flying car like in Blade Runner January 4, 2019 Bad news: it’s 2019, and that means we are now living through the year in which the original Blade Runner film was set. Released in 1982, Blade Runner has some interesting ideas about 2019. Yes, it’s a post-apocalyptic dystopian hellscape where sentient bioengineered robots (“replicants”) must be hunted down against a backdrop of a dying [...]
Plans for tiny robot workers to fix Britain’s underground pipes get £7m government backing January 3, 2019 Tiny robots the size of a human fingernail will one day swim and crawl along Britain’s vast network of underground pipes, working in teams to carry out repairs in place of people. The government is to plough £7m into the creation of the micro robots, which it hopes will one day perform infrastructure maintenance work on pipes, [...]
Drones, cybercrime, AR, and robots – the tech trends to watch out for in 2019 January 3, 2019 It is finally 2019, and I can’t wait to see what surprises the technology industry has in store for us. What should we keep our eyes peeled for over the next 12 months? To whet your appetite about the future, I asked the experts for their predictions for the top tech trends of this year. Devious [...]