UK - page 15

Fintech & Ecommerce

Barclays Bank Invests £3 Million in Trade Ledger

Barclays Bank has directed investments of 3 million pounds to the development of Trade Ledger.

News

Coinbase Introduces Zero Trading Fee Subscription

Coinbase’s new subscription service, “Coinbase One,” provides a range of exclusive benefits and features besides zero-fee trading

News

BT to Cut 55,000 Jobs

Telecommunications giant BT has announced its intention to cut 55,000 jobs by the end of this decade.

News

Vodafone to Cut 11,000 Jobs

Vodafone announced its intention to lay off 11 thousand employees.

Society & Lifestyle

Amazon Workers Launch Battle to Unionize in Britain

Employees at Amazon at a large warehouse located in the UK reported about unionization.

Finance & Economics

In UK Ransomware Payments Nearly Double in One Year

In the UK, payments by companies to ransomware programs have almost doubled over the past year.

News

UK Extradites Autonomy Co-Founder Mike Lynch to US

British technology entrepreneur Mike Lynch has been extradited to the United States, where he will be charged with committing illegal acts.

News

Revolut CFO Resigns Citing Personal Reasons

Revolut’s chief financial officer retired two years after starting work in the British fintech industry.

Fintech & Ecommerce

UK Food Bank Uses QR Codes and Biometrics to Distribute Food to Those in Need

Already available in a trial mode, the innovative food bank initiative enables people fighting personal crises and poverty to spend dedicated charitable funds at local grocery stores using QR code payment technology

News

UK Greenlights $7.3 Billion Merger Between Satellite Rivals Viasat and Inmarsat

The UK Competition and Markets Authority (CMA) has officially approved the proposed merger of Viasat and Inmarsat worth $7.3 billion.

Fintech & Ecommerce

Revolut CEO Blames Banking Troubles for UK License Delay

The CEO of Revolut said that the recent turmoil in the banking industry caused the suspension of the banking license of this company in the UK.

News

British Banks Warn of Big Increase in Online Scams

British banks report that at the end of last year, there was a significant increase in fraud, most of which is observed in the online space.

News

HSBC Announces Increase in Profits from Purchase of Silicon Valley Bank’s UK Business

Banking giant HSBC reported that its profit increased by $ 1.5 billion after the acquisition of the British business of the Silicon Valley Bank.

News

Sotheby’s Metaverse Launches P2P Secondary NFT Marketplace

The Web3 arm of the famous auction house Sotheby’s has introduced another platform for trading digital art in the form of NFT

Fintech & Ecommerce

HumanForest Raises $15 Million to Grow UK eBike Business

The British micro-mobility company HumanForest announced that it managed to attract investment funds in the amount of $ 15 million for the development of e-bike technology.

News

Microsoft Xbox Chief Seeks to Reassure Game Staff on Activision

Microsoft Corp. Executives They tried to assure employees of the Xbox gaming division of the possibility of approving the planned purchase of Activision Blizzard Inc. for $ 69 billion, noting that success in games depends not only on the deal.