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News & Views
Content posted in November 2017
Amazon Adds $100M to Alexa Fund, Preps Launch of Alexa for Business
Phil Oakley  
11/30/2017   Post a comment
Amazon has added a further $100 million to its Alexa Fund in order to push for international expansion, and is also gearing up to launch Alexa for Business.
Banking, Telecom 'Most Advanced' in Digital Transformation Ovum
Ray Le Maistre  
11/30/2017   1 comment
The telecoms and banking sectors are most mature in the drive for digital transformation, according to the results of an extensive survey of ICT executives conducted by research house Ovum.
Samsung Acquires South Korean AI Startup in Effort to Improve Voice Assistant
Phil Oakley  
11/29/2017   Post a comment
Samsung has acquired a South Korean AI startup in the hope it will help improve its beleaguered voice assistant, Bixby.
Waymo's Cars Log Over 4 Million Miles in 23 US Cities
Phil Oakley  
11/28/2017   Post a comment
Waymo's autonomous cars have driven over 4 million miles on roads, in 23 US cities over four states, and have covered over 2.5 billion miles in simulation.
Is Brexit Just Another Problem to Solve? Russ Shaw Weighs In
Phil Oakley  
11/27/2017   Post a comment
We sat down for a chat with Russ Shaw, the founder of Tech London Advocates, to discuss tech, startups and Brexit.
Balderton Raises $375M Fund for European Startup Investments
Phil Oakley  
11/27/2017   Post a comment
London-based Balderton Capital has raised a $375 million fund – Fund IV – for investing into early-stage European startups. The firm is in search of a company to take on the likes of Google and Facebook.
How Not to Do It: Uber Was Hacked in 2016 but Kept It Quiet
Phil Oakley  
11/24/2017   Post a comment
Uber suffered a huge hack in 2016, with 57 million accounts compromised, but didn't inform the regulator or users.
Lyft to Raise Another $500M
TechX365 News  
11/24/2017   Post a comment
Alphabet's CapitalG is once again leading the funding for Uber's rival.
5G, AI Are Autumn Budget Winners
Phil Oakley  
11/22/2017   Post a comment
The government has allocated money to AI, connected and electric cars and 5G mobile networks, as well as training teachers in computer science and extra money for schools when pupils take maths.
Startup Profile: Plum
Phil Oakley  
11/22/2017   Post a comment
Plum is a chatbot in Facebook's Messenger app, which uses machine learning to save its users money automatically over time.
Deliveroo Raises $98M to Close Out Series F Funding Round
Phil Oakley  
11/21/2017   Post a comment
Deliveroo has raised a further $98 million to close out its Series F funding round, after initially raising $385 million in September.
All Eyes on Hammond's Budget as AI, Connected Cars Set for Boost
Ray Le Maistre  
11/20/2017   1 comment
UK chancellor seems set to provide financial and legislative support to the 5G, AI and connected car sectors in his budget on Wednesday, but the devil will be in the detail.
Spotify to Open London R&D Office, Will Reportedly Double Workforce
Phil Oakley  
11/20/2017   Post a comment
Spotify is relocating to a new office in London, where it will have a renewed focus on R&D and engineering, and reportedly double its workforce.
'Just Get on With It' Say Tech Leaders at Tech World Tour
Phil Oakley  
11/17/2017   Post a comment
Close to 100 speakers discussed the challenges facing the Global Tech Industry at the Tech London Advocates 'Tech World Tour' at Here East in London.
UK Government Pledges 61M to Tech Industry, Doubles Talent Visas
Phil Oakley  
11/16/2017   Post a comment
The UK government is supporting the tech industry with 61 million, which will see Tech City UK become Tech Nation, plus the doubling of talent visas to 2,000.
Startup Profile: Greengame
Phil Oakley  
11/15/2017   Post a comment
Greengame aims to help people live sustainably by 'gamifying' the experience and rewarding people through brand participation.
Bristol Overtakes London as UK's 'Smartest City,' Says Report
Phil Oakley  
11/15/2017   Post a comment
The West Country tech hotspot has overtaken the capital as the UK's smartest city, says the UK Smart City Index from Huawei.
Smart Move: Bill Gates Firm Invests in Land for Arizona 'Smart City'
Phil Oakley  
11/14/2017   Post a comment
A firm owned by Bill Gates has invested $80 million for a smart city development project in Arizona.
Is Your Company Digitally Savvy?
Phil Oakley  
11/14/2017   Post a comment
New report suggests 31% of UK employees don't trust their management to run a modern digital company.
UK AI Hardware Startup Graphcore Raises $50M From Sequoia Capital
Phil Oakley  
11/13/2017   Post a comment
Graphcore, which builds AI chips that it claims are 100x better than the competition, has raised $50 million from Silicon Valley-based Sequoia Capital.
Uber Set to Sell Stake to SoftBank in Deal Worth Billions
Phil Oakley  
11/13/2017   Post a comment
Uber has agreed to sell a stake to SoftBank in exchange for investment worth billions of dollars.
This AI-Powered Chatbot Will Talk to Email Scammers for You
Phil Oakley  
11/10/2017   Post a comment
Netsafe's chatbot will waste email scammers time so you don't have to.
31% of UK Workers Think AI Will Help With Their Jobs Report
Phil Oakley  
11/9/2017   1 comment
Almost a third of British workers think AI will help them in day-to-day tasks at their jobs, although there is a stark gender gap in the figures.
Startup Profile: MirrorWeb
Phil Oakley  
11/8/2017   Post a comment
MirrorWeb is developing the next generation of digital archiving tools.
Virtuous Circle: How Good-Loop Aims to Change the Ad Industry
Phil Oakley  
11/8/2017   Post a comment
London-based startup Good-Loop wants to bring ethical advertising to the world, by giving money to charity for every video ad viewed.
Monzo Raises 71M Funding, Aims to Grow in UK & Abroad
Phil Oakley  
11/7/2017   Post a comment
London-based challenger bank Monzo has raised 71 million in funding, as it launches its current account and continues to grow.
What Is a Smart City?
Phil Oakley  
11/6/2017   1 comment
We are increasingly hearing the term 'smart city,' but what does it actually mean?
TransferWise Raises $280M From US VCs
Phil Oakley  
11/2/2017   1 comment
TransferWise has raised $280 million in new funding, allowing global expansion into Asia-Pacific and continued development of new products, including the Borderless account.
UK Not Ready for Fourth Industrial Revolution – Report
Phil Oakley  
11/1/2017   1 comment
A new report has detailed how the UK can get prepared for the Fourth Industrial Revolution by adopting Industrial Digital Technologies and upskilling workers.
UK Tech Still a Magnet for Silicon Valley VCs
Phil Oakley  
11/1/2017   Post a comment
Silicon Valley investors have pumped more than $1 billion into the UK tech sector since the beginning of the year, cementing the UK as Europe's tech capital.
Startup Profile: Locomizer
Phil Oakley  
11/1/2017   Post a comment
Locomizer uses location data to build customer profiles of individuals, which enables advertisers to better target ads to the right audience.




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Phil Oakley, Site Editor, TechX365, 12/12/2018
Fuel Ventures aims to invest in startups beyond the UK with its new warchest.
Phil Oakley, Site Editor, TechX365, 12/12/2018
Startups often fail because entrepreneurs haven't aligned product and market together to achieve 'fit,' which is crucial to scale and growth.
Phil Oakley, Site Editor, TechX365, 12/10/2018
Identifying a problem is the first step to founding a successful business, but it's a step many entrepreneurs bypass, then wonder why their business is failing.
Phil Oakley, Site Editor, TechX365, 12/6/2018
In what will be seen as a blow to the gig economy, a UK high court judge has ruled that Deliveroo riders are self-employed, meaning they do not have the right to collectively bargain.
Phil Oakley, Site Editor, TechX365, 12/5/2018
SoftBank's Vision Fund is worth a staggering $100 billion and has invested in tens of technology companies across the world.
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Why is London's startup scene the best in the world, bettering Silicon Valley, New York City, Tel Aviv and Beijing? Aoife Geary from Jobbio explains.
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The global startup ecosystem is booming right now.
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Indoor navigation is going to completely change our shopping centres and the entire retail experience.
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The Quintessence AM37 lets you try out the same boat James Bond would use in a full VR experience.
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Heavy Reading analyst Steve Bell walked the floor at TechXLR8 and found that various strands of the event, from 5G to IoT to the connected car, ...
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