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.
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O2 mobile phone network restored after day-long outage
Mobile operator O2 has said its data networks have been restored after a day of disruption for smartphone users.
Silicon Valley Comes to the UK returns for Twelfth Year
This November some of America’s most successful tech entrepreneurs will be visiting the UK to take part in ‘Silicon Valley Comes to the UK’.
Uber in early talks to buy Deliveroo
Uber is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.
UK leads the race in Europe’s record year of tech investment
The UK’s tech industry is leading the way in the creation of billion-dollar businesses despite Brexit fears, according to new research.
How Uber is winning over customers with new features
We all know that last year Uber went through a tough time, and while it did get drivers to sign on, it was also losing drivers to both bad publicity and inefficient app features. That’s why the new CEO, Dara Khsorowshahi got personally involved in the app development stage and even had the driver’s opinion […]
Worldpay and US suitor Vantiv haggle over UK HQ in £9bn merger
Worldpay and its American suitor are haggling over the future status of its British operations as they seek to finalise a £9bn takeover of the FTSE-100 payments giant.
Rising trend in deals between UK SMEs and corporates threatened by 28% fall
Deals between large organisations and UK SMEs dropped 28 per cent in 2016/7, after a three-year upward trend in collaborative investment, according to data released today.
UK M&A activity to drop sharply in 2017 amid Brexit uncertainty
Baker McKenzie predicts that the total value of M&A activity in the UK will reach just $125bn in 2017, a more than 60 per cent slump from the $340bn of deals seen in 2016
Scotland’s Skyscanner sold to Chinese travel giant Ctrip for £1.4bn
One of Britain’s most promising technology companies, the flights comparison service Skyscanner, has been bought by a Chinese travel giant for £1.4bn.
Big businesses warn UK will be the loser from government intervention on foreign takeovers
Top businesses have spoken out about the damage that a heavy-handed government clampdown on foreign takeovers is likely to inflict on the UK’s interests at home and overseas.
ARM’s sale shows the limits of British patriotism
Anyone who cares about Europe’s technology scene will be sad to see ARM Holdings become a unit of Japanese conglomerate SoftBank
