UK - page 15

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.

Finance & Economics

Revolut CFO Resigns Citing Personal Reasons

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

News

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

Finance & Economics

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.

News

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.

Finance & Economics

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.

Blockchain & Crypto

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.

Science & Technology

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.

Fintech & Ecommerce

UK Wants New Regulator to Tackle Big Tech

In the UK, a new regulator will appear in the foreseeable future, whose activity will be to supervise technology giants, including Amazon and Google.

Fintech & Ecommerce

Barclays Unveils Govt-Funded Support Programme for UK Tech

Barclays Eagle Labs has announced the official launch of a program to support British technology companies.

Fintech & Ecommerce

UK and India Seek to Further Strengthen Fintech Collaboration

A new report by the Indian-British Financial Partnership (IUKFP), a leading forum for cooperation in the field of financial services between India and the UK, outlined ways to activate and strengthen cooperation between the two countries in the field of fintech.