India and the UK on Wednesday firmed up a landmark technology security initiative that sets out a bold new approach for collaboration in a range of “priority” sectors including telecom, critical minerals, semiconductors and artificial intelligence, with a broader aim to elevate their strategic partnership to the next level. The decision on the...
Category: Tech
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India, UK launch Technology Security Initiative led by NSAs
New Delhi: The Prime Ministers of India and the United Kingdom are launching a new ‘Technology Security Initiative‘ (TSI) to elevate the strategic partnership between the two countries to the next level. This was announced during visit of UK Foreign Secretary David Lammy. The TSI will be coordinated by the National Security Advisors (NSAs) of...
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Wegovy: Weight-loss jab approved for use in preventing heart attacks and strokes in UK
A weight-loss jab has been approved by the UK’s medicines regulator for use in preventing heart attacks and strokes in overweight or obese adults. Wegovy, which is the brand name for the drug semaglutide, had already got the green light for weight management in those with obesity. The Medicines and Healthcare products Regulatory Agency (MHRA)...
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UK soldiers test next generation of body-worn technology
Major advances made in body-worn technology for UK soldiers. Improving operational advantage by connecting soldiers to data tools and new technology. A range of technologies, such as laser detection systems and on person drone control will enhance battle fighting tactics. The next generation of body-worn technology has been put through its paces by British soldiers, bringing a modernised advantage to...
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Mass IT outage hits airports, businesses and broadcasters around the world
Major airlines, medical facilities, businesses and police forces around the world are currently being affected by a massive information technology glitch caused by a problem with Microsoft cloud computing services early Friday. CrowdStrike, the U.S. cybersecurity company behind the glitch that affects Microsoft Windows users, says that the outage “is not a security incident or...
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Global IT outage causes chaos, disrupting airlines, banks, media, telecoms
Australia’s National Cyber Security Coordinator says ‘no information to suggest it is a cyber security incident’. A massive technology outage has disrupted businesses and institutions in multiple countries, throwing airlines, government services, banks, supermarkets, telecoms and media outlets into chaos. The cause of the outage was not immediately clear, but it came hours after Microsoft...
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United Kingdom to introduce stricter AI Bill in King’s Speech
In an anticipated move towards more stringent regulation of Artificial Intelligence (AI) technologies, the UK government has announced the introduction of an AI Bill in the King’s Speech. This legislation marks a significant departure from the previous administration’s flexible, principle-based framework, aiming instead for binding regulations that ensure the responsible use of AI. Simon Morris,...
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Zing Dev (Zing) secures £1.25 million Seed Follow On investment from Maven Capital Partners
LONDON, UK — 01.05.24 — Zing, one of the most prolific Twilio consulting partners, has raised an additional £1.25 million from existing shareholders Maven Capital Partners to support its expansion in the United States (US). Headquartered in the United Kingdom (UK), Zing builds exclusively on the Twilio technology stack, helping organizations around the world deliver amazing customer experiences. Through its...
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Purple Dot Technologies secures £7.93 million Series A investment led by OpenOcean
With funding led by OpenOcean, Purple Dot will help brands sell more, store less, and reduce unsold inventory Purple Dot, the pioneering e-commerce pre-order and waitlist platform, today announced the closure of a $10 million (£7.93 million) Series A funding round. The round was led by leading European venture capital firm, OpenOcean, to fuel Purple Dot’s mission of creating a world...
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Phlo Technologies (t/a Phlo) secures £9 million Series A Follow On investment led by Par Equity
Phlo have today announced the close of a £9 million funding round, accessing additional investment for their group of businesses amid a challenging investor market. The new capital will power significant scaling of the digital healthcare business, and its evolution from a digital pharmacy innovator into a holistic digital healthcare leader. The raise comes at...
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TABBx (TABBit) secures £320K Pre-Seed investment led by Angel Invest
London, United Kingdom – 29 February, 2024, 14:00 GMT – TABBit, a London based fintech startup, making it possible for friends to manage shared expenses via their existing banking apps, has successfully raised £320k to focus on growth and further product development. The investment has been led by the European super-angel fund Angel Invest. Fintech industry veterans such as Dr Andrew...
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How UK SMBs Can Prepare for 5G Rollout
With many UK businesses prioritising digitisation, a strong network connection is becoming a key driver of the nation’s economy. This is why the UK government has invested £40 million in extending 5G coverage to all populated areas of the nation by 2030. A reliable network connection is arguably most crucial for small and medium businesses....