Watchdog that could rein in the tech giants: New UK digital regulator might have power to suspend or reverse anti-competitive action Digital regulator could investigate Google’s algorithms, says Oliver Dowden Concerns they disproportionately direct enquiries to Left-leaning news sites The Digital Markets Unit (DMU) has already begun work on a code of conduct By Paul … Read more
Goldman Sachs, a key adviser on Deliveroo’s car crash market debut last week, is brushing aside a storm of protest and is already preparing to unleash its second giant tech listing this year. Sources last night said Goldman Sachs and Morgan Stanley were on track to sell shares in financial technology giant Wise next month … Read more
Few companies make promises to get people employed after they sign up to their courses, particularly during a pandemic. But that’s exactly what Amy Golding, chief executive of Opus Talent Solutions and founder of _nology says she’ll do. The straight-talking businesswoman, who became CEO of tech recruitment company Opus Talent Solutions at just 31, says she’s … Read more
It had been hailed as a ‘golden year for UK tech’, with a string of star companies making their stock market debuts. But after Deliveroo’s disastrous float this week, some wonder if such optimism for 2021 has been misplaced. Ahead of the listing, Deliveroo unveiled a valuation as high as £8.8billion – setting the company … Read more
The British technology industry had a solid 2020, despite the pandemic and fears over Brexit, an annual study shows. Tech start-ups and scale-ups in the UK have more than doubled their collective value since 2017, according to Tech Nation. Collectively, they are valued at $585billion (£422.55billion) which is more than double the next most valuable … Read more
Technology being built into smart motorways to improve their controversial safety credentials might only detect around 85 per cent of stranded vehicles – and leave thousands of motorists a year vulnerable to potentially life-threatening collisions, a report has revealed. Stationary Vehicle Detection (SVD) systems are due to be rolled out across all smart motorways in … Read more
Founder of retirement savings app Pensionbee eyes £135m windfall amid tech float buzz By Matt Oliver For The Daily Mail Published: 22:35 GMT, 23 March 2021 | Updated: 22:35 GMT, 23 March 2021 Windfall Pensionbee founder and chief exec Romi Savova A retirement savings app is the latest technology firm to unveil plans for a … Read more
Abu Dhabi agrees to pump £5bn into British technology and infrastructure By Daily Mail City & Finance Reporter Published: 22:36 GMT, 23 March 2021 | Updated: 22:36 GMT, 23 March 2021 Abu Dhabi will invest up to £5bn in the UK through its state-run fund Mubadala Abu Dhabi has agreed to pump billions of pounds into … Read more
Telit Communications comes under fire from some shareholders after it rekindles talks with Dbay Advisers about £280m takeover By Ben Harrington, Financial Mail on Sunday Published: 21:50 GMT, 20 March 2021 | Updated: 21:50 GMT, 20 March 2021 Telit Communications has come under fire from some of its shareholders after it rekindled talks with Dbay … Read more
ALEX BRUMMER: Departure of James Anderson (the tech Warren Buffett) from Scottish Mortgage leaves an enormous hole By Alex Brummer for the Daily Mail Published: 21:57 GMT, 19 March 2021 | Updated: 22:26 GMT, 19 March 2021 Britain has not been short of ‘star’ fund managers in recent decades. Carol Galley at Mercury (now part … Read more