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Micro Focus Shares Tumble Amid Sales Slump and CEO Exit

March 19, 2018

Micro Focus International is entering a crisis, as it warns revenues will drop by a far greater amount than expected. The company, which is Britain’s biggest tech brand, has seen 56% wiped…

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The Top Three Irish Startups to Watch Out For This St. Patrick’s Day

March 16, 2018

It’s been a topsy turvy year for Ireland’s tech sector. The island nation has enjoyed a tech boom, thanks in no small part to its wooing of several key Silicon Valley players…

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“We’re Not Your Traditional Accelerator” – L Marks Bridges the Gap Between UK Startups and Corporates

March 12, 2018

When Daniel Saunders started out in tech, IT was just a bolt-on department, often to be found in some silent office or building well away from a company’s major functions. Today Saunders…

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Tech Companies Must Do More to Counter Hate Speech – European Summit

March 9, 2018

Some of Europe’s leading politicians and academics have warned tech companies to play a more active role in countering hate speech, at a summit in Monaco. The session, entitled Responding to the Challenges…

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BlackBerry to Battle Messaging Service Giants in Patent Suit

March 7, 2018

BlackBerry is suing three of the messaging space’s biggest companies for multiple patent violations. The Canadian firm is fighting Facebook, Instagram and WhatsApp for a host of features related to its BlackBerry…

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EU Lands Blow in Tech Tax Battle

March 5, 2018

The European Union will overhaul its tax relationship with Big Tech, a leading politician has revealed. Speaking to Le Journal du Dimanche, French finance minister Bruno Le Maire said that Brussels plans to…

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High-Speed AR Firm Edgybees Completes $5.5m Seed Round

February 28, 2018

Edgybees, a Californian startup offering augmented reality solutions for “high speed” platforms like drones and cars, has won a $5.5 million Seed funding round. The investment was raised from Motorola Solutions Venture…

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Deliveroo Hires 250 More in London to Beat Rivals

February 26, 2018

Deliveroo will create 250 more jobs at its London headquarters, as the food delivery firm strives to eliminate its powerful local rivals. The company, which has endured a topsy-turvy year including flirtations…

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Snapchat Hack Affects 55,000 Users, in Latest Sting for Social Media Firm

February 19, 2018

Over 55,000 Snapchat users were hacked as part of a complex phishing scam, first flagged by a British government official in July last year. KLKViral, a website believed to originate from a…

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The Uber-Waymo Case Could Speed Up Regulatory Action

February 16, 2018

Industrial subterfuge is nothing new. In 1712 Father Francois Xavier d’Entrecolles brought porcelain-making trade secrets back to Europe from China. Since then espionage cases have been scattered throughout history like invisible ink…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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