Tag: United Kingdom
Window Snyder’s new startup Thistle Technologies raises $2.5M seed to secure IoT devices
The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Worse, many device manufacturers make no effort…
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UK gov’t triggers national security scrutiny of Nvidia-Arm deal
The UK government has intervened to trigger public interest scrutiny of chipmaker’s Nvidia’s planned to buy Arm Holdings. The secretary of state for digital issues, Oliver Dowden, said today that the government wants to ensure that any national security implications of the semiconductor deal are explored. Nvidia’s $40BN acquisition of…
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Facebook takes down 16,000 groups trading fake reviews after another poke by UK’s CMA
Facebook has removed 16,000 groups that were trading fake reviews on its platform after another intervention by the UK’s Competition and Markets Authority (CMA), the regulator said today. The CMA has been leaning on tech giants to prevent their platforms being used as thriving marketplaces for selling fake reviews since…
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UK’s Digital Markets Unit starts work on pro-competition reforms
A new UK public body that will be tasked with helping regulate the most powerful companies in the digital sector to ensure competition thrives online and consumers of digital services have more choice and control over their data has launched today. The Digital Markets Unit (DMU), which was announced in…
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Astroscale launches its ELSA-d orbital debris removal satellite
Space startup Astroscale has launched ELSA-d, the demonstration mission for its End-of-Life Services by Astroscale (ELSA) technology, which aims to dock with, and then safely remove, orbital debris. Astroscale’s demonstrator package includes two separate payloads, a servicer that represents its future production spacecraft, and a ‘client’ satellite that’s meant to…
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Credit-and-collect fintech start-up Diem raises $5.5M Seed led by Fasanara Capital
Diem, a London, UK-based fintech start-up has raised a seed round of $5.5 million led by Fasanara Capital, and Angel investor Chris Adelsbach, founder of Outrun Ventures. Additional investors include Andrea Molteni (early investor in Farfetch), Ben Demiri (co-chairman at fashion tech PlatformE) and Nicholas Kirkwood (founder of the eponymous…
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