London will reinvent itself again post-Brexit if it remains flexible and open to the world November 29, 2016 "We don't plan London very much. Nobody planned to have the euro-dollar market, for example. It rose because clever people were very quick at responding to market signals.” Speaking at a debate at the Museum of London on the future of the capital, hosted by Eversheds, The Independent’s Hamish McRae set out the optimistic case for the [...]
The London mayor’s ploughed £2.5m into startups since Brexit November 28, 2016 The Mayor of London has ploughed more than £2.5m into the capital's soon-to-be star startups since the vote for Brexit in a bid to show the world the city's "open for business", as he unveiled a new line up of advisors drawn from the UK's ranks of top entrepreneurs and business leaders. Sadiq Khan hailed the London Co-investment [...]
Google’s DeepMind wants to make doctor’s paperwork obsolete in new NHS deal November 22, 2016 DeepMind, the UK company leading the way in artificial intelligence research, is doubling down on applying its technology to healthcare which could save the NHS millions of pounds as well as time spent on paperwork. It has signed a five-year deal with a London NHS Trust to put into practice a prototype app designed to [...]
That’s far out: UK investment firm launches £80m space tech fund November 21, 2016 A UK investment firm has today launched an £80m space-tech venture fund. Seraphim Capital said the fund, which will focus on early-stage, space-related technology businesses, is the largest of its kind. The company expects to have raised the £80m over the next two quarters, and today announced a £30m investment from the British Business Bank alongside [...]
Facebook to create 500 jobs in the UK November 21, 2016 Facebook has said that it will be hiring an additional 500 employees next year when it opens its new base in London. The tech giant will be creating jobs in engineering, marketing, and sales at its new Fitzrovia headquarters. Nicola Mendelson, Facebook's European boss, said: "The UK remains one of the best places to be a tech [...]
Tech-tastic: May pledges billions to support tech champions as she fleshes out industrial strategy November 21, 2016 Prime Minister Theresa May will reveal details of her government’s flagship industrial strategy at a conference of business leaders today, promising billions in extra funding and potential tax breaks for a range of sectors. While insisting her plan is “not about picking winners”, she will identify several technology-related areas in the UK that the government [...]
Two thirds of business leaders think technology will create more value in the future than people November 17, 2016 Feeling a little undervalued and overlooked at work? Well, look away now. Some new research from Korn Ferry is unlikely to make you feel much better. A study of 800 global business leaders found that over two thirds think technology will create greater value in the future than people will. Ouch. And 44 per cent [...]
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 [...]
AI firm ASI Data Science raises £1.5m investment with backing from Skype founding engineer November 6, 2016 Jaan Tallinn, one of the men behind Skype, has backed a London firm that trains computer scientists in using artificial intelligence (AI). According to the Sunday Times, ASI Data Science, which works with the likes of easyJet and the BBC, has landed £1.5m of new investment, with LocalGlobe another backer. LocalGlobe was set up by [...]
Watch out Siri? Samsung’s next phone will have an AI assistant November 6, 2016 Samsung is following the lead of Apple and Google, revealing it will add a Siri-like personal assistant to its newest smartphone, the Galaxy S8. It's the first time a Samsung phone will have the feature and follows the tech company's acquisition of San-Francisco artificial intelligence startup Viv Labs last month. The open platform will let others [...]