How Rightmove became London’s (and the FTSE 100’s) most profitable company September 3, 2024 From an unknown tech start-up to the undisputed king of the UK’s online property sector, Rightmove is a shining example of how to turn a simple idea into a whole lot of profit. In its most recent full-year results, the London-listed property portal astounded investors by revealing it had achieved a record 71 per cent operating profit margin – [...]
Mike Lynch and other missing yacht passengers feared dead August 20, 2024 The Italian coastguard has started its second day of searching for survivors of a sunken superyacht off the coast of Sicily, including the tech media mogul Mike Lynch and Morgan Stanley boss Jonathan Bloomer
University spinouts could be the answer to the UK’s growth problem August 20, 2024 University spinouts are vital to retain the UK’s innovation crown, writes Simon Bumfrey, tech chief at HSBC Innovation Banking UK.
How to end the American choke-hold on British tech? Stop ‘acting like an incubator’ August 19, 2024 As tech companies flee London in droves, serial entrepreneur William Reeve—whose leadership credits include Lovefilm, a trailblazer in online movie streaming, and Zoopla, a leading real estate portal —has warned the City risks becoming nothing more than an incubator for the US unless it can shift its focus beyond short-term profit. Since 2019, at least [...]
Mike Lynch feared he would die in prison if convicted July 28, 2024 British tech mogul Mike Lynch thought he would die in jail if he had not been cleared of defrauding Hewlett-Packard (HP) in a multi-billion-dollar deal.
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.
Why London shouldn’t chase Silicon Valley in the global tech race: James Wise July 4, 2024 Every week, Charlie Conchie sits down with the biggest names in financial services, tech and fintech. This week, its venture capital investor and author James Wise.
London-listed Keywords Studio receives revised cash offer from private equity giant June 28, 2024 The video game services company Keywords Studios said it would be "minded" to accept a revised cash offer from Swedish private equity giant EQT Partners if it makes an official bid.
Exclusive: Why this London-based AI firm has picked Aquis for its float next month June 12, 2024 Pri0r1ty AI automates tasks like writing press releases, regulatory news, and social media content, typically handled by multiple external agencies.
IBM chief: London Tech Week a chance for the UK to get a lead on AI June 10, 2024 Last year, London Tech Week heard from top political figures including Prime Minister Rishi Sunak and Labour leader Keir Starmer.