A group of tech companies in the north of England have called for the creation of a Manchester-based digital investment fund to help challenge the “dominance of London and the South East”. Industry body Manchester Digital and several tech firms based in the north or with a significant northern presence – including Auto Trader, BT […]
Israel's government has launched a new fund to encourage institutional investors to boost investments in high-tech companies, the Israel Innovation Authority said on Sunday. The tech sector is a key driver of Israel's economy, accounting for close to 20% of output, 12% of jobs, more than 50% of exports and 25% of tax income. The high-tech sector is a central and significant pillar of the Israeli economy, and we must ensure diversity in its sources of funding, said Finance Minister Bezalel...
(The Center Square) - Oregon will seek federal semiconductor research and development funds to create a National Semiconductor Technology Center affiliated technical center. “With our existing workforce hub in Washington County and a robust semiconductor manufacturing and exporting industry, Oregon has set a strong foundation as a decades-long national center of research and development,” Governor Tina Kotek said in a statement. “With support from industry...
"We want to attract global unicorns to enter Malaysia, so that high-skilled and high-value jobs are created, besides developing a pipeline of future entrepreneurs and senior leaders in tech," Minister Rafizi Ramli said at the KL20 Summit, aimed at launching new policies to support Malaysian start-ups.
According to the Health Ministry in Gaza, since Hamas' on-the-ground massacre and capture of Israelis on October 7, Israel's relentless bombardment and destruction of the Gaza Strip has killed more than 34,262 Palestinians.Palestinians in the West Bank have also suffered fatalities after the conflict increased tensions in the occupied territory. Since Israel officially declared war on Gaza, at least 288 Palestinians have been killed in the West Bank, and 3,430 others have been injured.The...
This week’s UK tech funding deals include flying taxi company Skyports, Scottish rocket manufacturer Orbex, generative AI legal assistant Lawhive and more. UKTN tracked £176.6m worth of tech funding deals this week (15 April to 19 April), a whopping 316.5% week-on-week increase. Here’s your weekly roundup of UK tech startup funding. Skyports – £88m Sector: Mobility […]
Royal College of Paediatrics and Child Health urges ministers to follow lead of Scotland and WalesParents in England and Northern Ireland should be banned from smacking their children because doing so is unjust, dangerous and harmful, leading doctors have urged ministers.It was “a scandal” that Scotland and Wales had outlawed smacking but not the other two home nations, the Royal College of Paediatrics and Child Health said on Wednesday. Continue reading
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of takeover bids for UK companies.The tech heavy Nasdaq led the way on Wall Street, adding more than two percent as traders shrugged off official data showing that a key measure of inflation favored by the US Federal Reserve had accelerated in March.The broader-based S&P added 1.0 percent while the Dow was 0.4 percent in the green as major European indices also rose.The markets had...
In Q1 2024, there was a fall of just below 1% in the number of businesses in Northern Ireland experiencing ‘significant’ or early-stage financial distress compared with Q4 2023. In the last quarter, under 9,000 businesses in Northern Ireland were affected by this type of distress (which refers to businesses showing deterioration in key financial ratios and indicators including those measuring working capital, contingent liabilities, retained profits and net worth). The province also saw a fall...
A law firm is considering bringing a legal claim against a Home REIT sister fund, which has collapsed in value and is being investigated by the Financial Conduct Authority (FCA), City A.M. has learned.
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Tangent, a jobseekers network targeting aspiring tech workers from less advantaged backgrounds, has raised $1.1m (£882,000). Founded by former LinkedIn employee Gary Izunwa, Tangent is a platform that connects jobseekers from low socioeconomic backgrounds with people in tech offering mentorship and referrals. The recently launched Tangent network is initially starting with entry-level tech sales roles, […]