London AI startup InstaDeep bought by BionTech in half-a-billion deal HealthTech London based AI startup InstaDeep has been bought out by biotechnology giant BioNTech in a half-a-billion pound deal. InstaDeep focuses on machine learning and artificial intelligence, and has raised nearly £100m across four seed rounds. The deal will allow BioNTech to use InstaDeep’s machine learning to “improve its drug discovery process, including developing personalised treatments tailored [...]
Tech chiefs demand pragmatism while retail CEOs go for enthusiasm and City finance bosses value a vision exclusive interview on leadership As 2023 gets underway the World Cup in Qatar is fast becoming last year’s news. However, for Chris Watt, Managing Partner at ECI Partners, it would be wise for City chiefs to sit back and reflect on the tournament, as there are some lessons to be learnt. Leadership, vision and strategy being the keywords during [...]
New Year fitness regime: How to stick to your goals Get fit! Struggling to stick to your new year’s fitess regime? We asked three fitness experts their top tricks to make sticking to your gym routine a breeze. Abigail Roberts, sports nutritionist at Bulk.com Set SMART goals: The vaguer your fitness goals, the less likely you are to commit to them long-term. Structure your fitness goals so [...]
Peloton slapped with £16m fine over defect which caused child’s death and forced it to recall its Tread+ January 6, 2023 Peloton Interactive has agreed to pay roughly US$19m (£16m) in fines related to its delay in reporting a defect for its treadmills that caused one death and multiple injuries, the US federal consumer watchdog said. The Consumer Product Safety Commission (CPSC) said the fine resolves the agency’s charges that Peloton knowingly failed to immediately report [...]
EXCL – The unstoppable rise of the Chief Innovation Officer in 2023 January 2, 2023 More and more UK businesses are making innovation a priority. The conviction is growing that tech and the implementation of innovative solutions drive business growth and help firms to stay ahead of the competition. It is therefore no surprise that the chief innovation officer takes an increasingly prominent position within many businesses, and that won’t [...]
Best of 2022: Simon Shaw on why rugby must act on concussion December 30, 2022 In June of this year, City A.M. spoke to former England rugby player Simon Shaw about his experiences with concussion and what tech can do to change the game. Article originally published on 15 June 2022. It was a project hatched over a pre-arranged dinner, but the cogs that were left turning once the bill [...]
London’s unicorns: City’s tech start-ups are bringing in the big bucks December 21, 2022 London’s tech start-ups have had a turbulent 2022. But while some of the original tech players in the city have struggled with rising costs and depleting revenues, newer unicorns are making moves. Here are the five London start-ups that made their mark this year, and are to be watched out for in 2023. OakNorth Valued [...]
UK appoints five new innovation experts to drive post-Brexit technology boom December 18, 2022 The UK government has appointed five, industry leading experts to make use of post-Brexit freedoms by driving innovation in cutting edge sectors that will be vital to Britain’s future growth. The five new experts will work with the government’s chief scientific advisor, Sir Patrick Vallance, to review existing rules and develop a pro-innovation, regulatory approach. [...]
Apple Watch Series 8 review: More of the same good stuff October 13, 2022 Place the new Apple Watch Series 8 on your desk besides the Series 7 and even Tim Cook would have trouble telling them apart. It keeps the same smooth curves and ultra-slim bezels as the previous generation, which itself only incrementally updated a design that had remained the same since 2018. Unlike the iPhone, the [...]
Theranos president Sunny Balwani convicted on 12 counts for role at collapsed health tech firm July 8, 2022 The former president of Theranos has been convicted on all 12 counts brought against him over his role at the now discredited health technology firm. Sunny Balwani’s conviction marks the end of years of legal troubles for the exec after Theranos collapsed in 2016. Following a 13-week long trial, the 57-year year executive was convicted [...]