Technology giant SoftBank has reportedly agreed to sell its stake in dog-walking app Wag.
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Japan’s SoftBank to buy iPhone chip maker ARM in £24bn acquisition of Britain’s biggest tech company
ARM Holdings, Britain’s biggest listed technology company, has agreed to be acquired by the Japanese conglomerate SoftBank for £24.3bn.
Creating the First Pegasus, Candid Interview with Online Shop’s Terry McGinnis
If you’re dumbfounded by the word ‘Pegasus’ in the title, you are right to be confused.
Investors have a big appetite for Gousto
Gousto, a UK meal-kit box service, has raised a further $230 million a month after sealing its unicorn status with a $100 million placing.
PrimaryBid, champion of small investor, raises £190m
A fintech company that enables ordinary investors to access corporate fundraisings has raised $190 million in new funding.
Gousto delivers up £150M of new funding valuing meal delivery giant at $1.7BN
Gousto, the UK meal-box subscription service, has raised $100 million from SoftBank’s Vision Fund 2 and $50 million in new debt capital from HSBC and Barclays.
Ocado wins ruling over robot patents
An American federal agency has found that Ocado did not violate the patents of a Norwegian robot maker.
Edtech success set to extend far beyond Covid boom
Indian edtech unicorn Byju’s continues to ride the crest of a Covid-induced online education wave.
Loss-making Revolut worth more than Natwest at $33bn after fundraising
Revolut has hit a record-breaking valuation of $33 billion after an $800 million fundraising that put the digital lender’s worth at six times higher than last year.
Elon Musk set to launch into UK broadband market
Elon Musk is poised to compete with the government’s Oneweb satellite broadband service after his Starlink venture was cleared by the UK communications regulator.
Getting To Know You: Dr Sanjeev Kanoria, founder & Chairman, Advinia Health Care
Dr Sanjeev Kanoria, is the founder and Chairman of Advinia Health Care, one of the top 10 private care providers in the UK which is now valued at around £250m.
UK government under pressure to intervene in Arm sale to Nvidia
The government is under pressure to intervene in the $40bn (£31bn) takeover of the UK’s biggest tech company, Arm Holdings, after Labour, trade unions and the company’s co-founder voiced concerns about the deal.
Philip Hammond joins British bank OakNorth as adviser
The former chancellor Philip Hammond has taken his second job since quitting frontline politics last year, joining the British business bank OakNorth as an adviser.
Foreign investment hits record levels as £5.5bn goes into British tech start-ups
British technology start-ups are enjoying an unprecedented investment boom, shrugging off concerns over a no-deal Brexit.
London gives green light to Uber rival
London’s transport agency has given Ola of India, one of the world’s largest ride-sharing companies, permission to launch its ride-hailing service in London, intensifying competitive pressure on Uber.
