‘Shop now, pay later’ payments operator valued at $5.5bn after fresh round of investor fundingKlarna, the Swedish payments company with a “shop now, pay later” model, has become the largest private fintech firm in Europe after a fresh round of investor…
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More than a third of Europe’s fastest-growing tech firms are in UK – study
Government research suggests British tech ‘unicorns’ are only surpassed by US and ChinaBritain is creating more technology companies worth at least $1bn (£786m) than any other company in Europe, according to government research.It found that UK-based e…
Read moreMore than a third of Europe’s fastest-growing tech firms are in UK – study
Government research suggests British tech ‘unicorns’ are only surpassed by US and ChinaBritain is creating more technology companies worth at least $1bn (£786m) than any other company in Europe, according to government research.It found that UK-based e…
Read moreChancellor pledges £200m for research into medical lasers and gene technology
Philip Hammond will use spring statement to support hi-tech industry in Cambridge, Edinburgh and OxfordshirePhilip Hammond will boost public spending on genetic research and laser technology by £200m in this week’s spring statement to support some of B…
Read moreIf Silicon Valley’s unicorn bubble bursts, what legacy will it leave? | John Naughton
Many tech startups are vastly overvalued and will one day vanish, leaving nothing but the ghost of a smileA unicorn, as every schoolchild knows, is a legendary creature – a horse with a single pointed, spiralling horn projecting from its forehead. As f…
Read moreGraphics dispute plunges British gaming company into crisis
Improbable says key partner Unity blocked its SpatialOS product without warningImprobable, a UK “unicorn” that once received the largest investment ever made in a European tech startup, faces a crisis after being blocked without warning from working wi…
Read moreNine jobs George: Osborne adds new role at venture capital firm
Ex-UK chancellor and austerity architect adds job as adviser to brother’s tech fund to portfolioGeorge Osborne has added a ninth job to his already bulging portfolio, joining his brother’s Silicon Valley venture capital fund.The former chancellor and c…
Read moreScooter hire firm Bird launches UK trial – on one east London path
US startup stymied by ban on powered vehicles using public roads and footpathsThe electric scooter revolution is coming to London, as the US-based startup Bird launches the UK’s first legal scooter-hire service.The company, which has already launched i…
Read more‘This is Wakanda’: the black tech entrepreneurs taking on Silicon Valley
In the 2000s, most investors would hear that a tech company was from Atlanta and immediately say, ‘No.’ But great universities and a strong black middle class have turned the tablesIt’s just past 6pm when the conversation at the coworking space turns t…
Read more‘Tech tax’ necessary to avoid dystopia, says leading economist
Exclusive: Jeffrey Sachs warns AI could lead to wealth being concentrated in the hands of a few thousand peopleA “tech tax” is necessary if the world is to avoid a dystopian future in which AI leads to a concentration of global wealth in the hands of a…
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