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…
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If 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…
Read more‘Everyone I know buys vintage’: the Depop sellers shaking up fashion
The fast-growing social media app combines Instagram-style image creation with digital market bargainingCaitlin Young is one of millions of teenagers and 20-somethings who are shaking up the fashion industry by digging out their parents’ cast-offs, rai…
Read more‘It came from annoyance and anger’: what really drives disruptors
In a competitive business landscape, breaking conventions has become an aspiration for many businesses. But are personal or practical reasons a bigger motivator for disruptors?Once upon a time, if you asked someone about their aspirations in business, …
Read moreWireless in Gaza: the code school bringing hope to the strip
Gaza City academy hopes its hi-tech business model will be immune to physical barriers to tradeIt’s a scene straight from a Silicon Valley startup. Continue reading…
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