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Hailo protests against driverless cars by projecting cabbies’ faces onto London landmarks

Image Credit: Matt Alexander/PA Wire Driverless cars will undoubtedly have a big part to play in the future of personal transport, with the likes of Google making big moves and Uber planning its own automated car research center. But the taxi industry isn’t happy about this, which is why e-transport company Hailo is aligning itself with the people who power what…

Canary Wharf Fintech

UK accounts for 42% of European fintech deals in 2014

The UK continues to lead the way in fintech in Europe, taking 42% of all investment made in the region last year, Accenture has found in its Future of Fintech and Banking study. Fintech investment in the UK and Ireland was up 136% in 2014, growing from $264m in 2013 to $623m. This is almost double…

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Edtech Centre launches in Tech City to tackle ‘growing digital skills divide’

Hackney Council is working with the Education Foundation think thank  to launch a digital skills hub that seeks to create links between the edtech sector and job seekers in the borough. “Tech City’s growth and investment has been significant but its vital that local communities see the benefit in jobs and improving digital skills in young people….

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WordPress host WP Engine gets $23m to fuel European expansion

Texan startup WP Engine, which recently opened its first office in London, has secured $23m in funding to fuel its growth across the rest of EMEA. The company manages back-end operations for enterprise WordPress users, like Uber, and it is currently working with more than 300,000 websites and apps in 128 countries. WordPress itself now powers some…

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UK and Israel sign £1.2m deal to work on “global threat” of cyber security

The UK government has pledged £1.2m towards bilateral cyber security research with Israel. Francis Maude, Minister for the Cabinet Office with responsibility for cyber security, said he is glad to be addressing this “global threat”  using Isreali expertise. “On a recent visit to Israel I saw for myself the strength of cyber and digital innovation…

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John Lewis’ JLAB offers £100,000 to shopping innovators

John Lewis has re-opened the doors to its JLAB tech accelerator, offering £100,000 to entrepreneurs and startups who think they hold the key to the future of shopping. The competition is open to startups who are meshing the physical and digital world, making payments seamless, creating smart workforce solutions or those looking at connected home…

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Silicon Valley Bank: raising capital is a continued challenge for innovators

Raising capital is a continued challenge for those working in the tech sector, Silicon Valley Bank’s sixth annual Innovation Economy Outlook study has found. “Whilst more than half of UK respondents were able to raise private capital in 2014, the majority say that it is a challenge – this is a sign that quality control…

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850 Sports News Digest secures $500,000 to transform sports reporting

London-based  850 Sports News Digest has secured $500,000 to help it in its bid to transform sports news for the mobile world. The company’s editor-in-chief Neil Goulding believes that too often sports app “rely on aggregation, re-writes, content farms, or simply repurposing full web articles into the mobile format”. He said: “Our approach is to use professional…

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#Budget2015, lesbian dating, modern scarecrows & more in your week in tech

Lesbian dating gets a boost, Robot Birds are flying, Osborne reveals the budget and more in your week in tech. This week we say goodbye to Anastasia Emmanuel as she heads off to concentrate on Indiegogo. We welcome Sian Jones who has presented on ITV Morning News, Bloomberg and CNBC, Sky News, Channel 5, ITV…

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Chief scientific adviser warns on “dystopian” future of fintech

Unless a strategic plan for the future of fintech is put in place, the entire sector could be in jeopardy, warns Sir Mark Walport, the government’s chief scientific adviser. In his FinTech Futures report, commissioned by chancellor George Osborne, Walport said: “There are dystopian scenarios for the evolution of FinTech, with the possibility of increased…

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#Budget2015: the industry reacts

The commitments outlined in #Budget2015 clearly demonstrate the importance that connectivity and the tech industry now hold in the mind of government. Below we hear from some big hitters and numbers folk on each of the headline tech policies. “Today’s Budget announcement demonstrates that tech is essential for ensuring the UK’s long-term economic success,” said Julian…

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#Budget2015: £100m on driverless cars and £60m for energy accelerator

Chancellor George Osborne has used his pre-election budget speech to unveil a £room investment in the driverless car industry. It’s not yet clear where the money will go, but he also outlined support for creating a “new generation of low emission vehicles”. Osborne also pledged £60m for the UK’s first energy research accelerator, to be located…

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Hailo protests against driverless cars by projecting cabbies’ faces onto London landmarks

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Government pledges £500,000 for data-driven app development

Cloud

UK’s FinancialForce.com raises $110m round

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Intimate women’s wearable wins best R&D at Axa Health Tech awards

WP Engine raises $23m, BT returns to mobile, techie bees & more in your week in tech

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Tradiio offers freebies as a music discovery platform