UK

UK confirms in-depth antitrust probe into Three and Vodafone’s planned $19B merger

The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA

Black British founders are down but not out

Black people make up 2.5% of the U.K.’s population; proper representation in venture would mean at least 2.5% of funds going to Black-led businesses.

Poshmark to shut shop in India, Australia and UK in abrupt retreat from international markets

Poshmark is shutting down its international businesses — operations in India, Australia and the U.K. — as the social shopping marketplace shifts attention to “core markets,” th

Consistent policy is key to unlocking the climate tech boom, but the UK’s U-turn isn’t helping

For entrepreneurs, innovators and businesses to thrive and unlock the economic potential that comes from creating new industries, we need a consistent approach from the government.

11xAI closes a $2M pre-seed round to create autonomous AI workers

The company builds automated digital workers that can be used in lieu of human employees.

Bloom Money raises £1M to digitize finance for ethnic communities

The company seeks to digitize the rotating savings and credit association (ROSCA) financial technique often used by ethnic communities.

Materials Nexus raises £2 million seed to discover clean climate material

The company seeks to enhance zero-net technologies in a way that gives higher performance and sustainability at lower costs.

Cornerstone VC hires Ella Wales Bonner as first female partner

She will be the fund's first female partner as it seeks to build a "world-class" team.

UK’s early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fund

U.K.-based early-stage media technology venture capital firm GMG Ventures has rebranded to Mercuri. It has also raised £50 million ($81.35 million) for its second fund led by British Business Bank, t

There’s a growing desire in the UK for more Black specialty venture funds

There is an increasing number of funds saying they are dedicated toward backing diverse founders.

Venture firm Black Seed raises £5M inaugural fund to invest in Black founders

Many Black founders in the U.K. are overmentored yet underfunded. This firm cuts straight to the chase by writing checks.

Spotify expands AI-powered DJ feature to UK and Ireland

Spotify is launching its AI feature called “DJ” for premium customers in the U.K. and Ireland. The feature is aimed at music discovery and it plays curated music with AI-powered commentary

UK narrows antitrust probe of Microsoft-Activision

The UK's antitrust watchdog has narrowed its probe of Microsoft's $68.7 billion bid for video game giant, Activision Blizzard, the regulator said today.  

The UK joins other countries in banning TikTok from government devices

The U.K. has become the latest jurisdiction to ban social video app TikTok from government devices, confirming reports that surfaced earlier this week. The ban follows a security review ordered by U.K

UK Spring Budget: Chancellor plans £1M annual AI prize, quantum investments and a new £900M ‘exascale’ computer

The U.K.’s Chancellor of the Exchequer Jeremy Hunt’s spring budget — delivered on the same day that teachers, transportation workers, civil servants and others were on strike across

The UK rolls back controversial plans to open up text and data mining regulations

The U.K. government is seemingly backtracking on plans that would have allowed text and data mining “for any purpose,” plans designed to position the U.K. as a “global AI superpower.

Apple takes down Russian social network VK’s app from the App Store

Apple has taken down Russian social network VK’s app from its App Store globally. The social media company said the VKontakte app is “not available for download and update in the App Store

‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank

Tech Nation is trailing in second place in the race to remain the U.K.’s government-backed “startup champion” after the latter put the £12 million contract out to tender, according to T

TikTok faces $29M fine in UK for ‘failing to protect children’s privacy’

TikTok is facing a £27 million ($29 million) fine after the U.K.’s Information Commissioner’s Office (ICO) provisionally found that the company breached child data protection laws for a t

UK trumpets roaming caps for travellers to Norway, Iceland and – maybe one day – Liechtenstein

U.K. residents travelling to Norway or Iceland will soon have their mobile roaming fees capped, representing part of a recent trade agreement between the countries. The U.K. signed a free trade agreem
Load More