Funds for London fintech firm
London-based online currency transfer outfit TransferWise has raised a $58 million Series C round that was led by Andreessen Horowitz. This follows…
The Web We Want festival runs from this weekend in London. With education at the festival’s core, the organizers — including web inventor Tim Berners-Lee — want to create a movement that’s as broad-based as environmentalism.
Julian Assange will “soon” leave the Ecuadorian embassy in London, where he has been taking refuge since breaking bail terms two years…
The web giant’s investment arm is setting up a London office. Details are pretty sketchy when it comes to the type of investments it will make, and it certainly isn’t the biggest pot in town, but Google says European startups have “enormous potential”.
It’s easy to assume that traditional players protesting against their nimble new competitors are just sore losers — easy, but not always fair nor accurate.
We’ve covered TransferWise quite a few times – along with one or two rivals such as CurrencyFair, the London-based financial technology startup…
The city’s transport authority says it reckons the services of companies like Uber don’t qualify for regulation in the same way as traditional taxi services do, but it realizes the law is unclear on this point and wants senior judges to step in.
Google(s goog) has bought London security startup spider.io, which deals in detecting ad fraud. Founder Douglas de Jager and his small team…
Organizations and individuals will be able to sign up from Spring 2014, through a subsidiary of London’s promotional agency.
http://techcitynews.com/2013/08/29/tech-firms-lead-3rd-year-as-largest-source-of-office-space/ For the third year in a row, tech is the sector that’s been demanding the most office space in London, reports…
Three carriers now offer super-fast mobile broadband services in the UK, although EE has had a valuable headstart on its rollout. Underdog Three will join the party in December — and unlike the others, it won’t charge a premium for 4G.
The free Wi-Fi project could be a prelude to large-scale small cell rollout in one of Europe’s busiest financial and commercial centers.
The Open Data Institute, a non-profit in London that’s working to create demand for open data through research, storytelling, consulting and startup incubation, is starting to get some velocity.
GigaOM is launching our ramp up of the London tech scene with a pub summit next Monday, July 8. Come say hi and have a pint with us!
London’s tech scene has been growing for years — is it finally on the cusp of breaking out and delivering billion-dollar startups?
The operator, which is still the only one in the U.K. to offer LTE, has launched a three-month promotion where passengers of some black cabs will get to surf through a 4G connection for free.
Truphone just got a £75M boost led by Abramovich’s investment arm Minden. The VoIP provider-turned-MVNO said it will use those funds to staff up and expand to continental Europe and Asia.
A string of offensive hashtag memes in France has spurred the government to announce a consultation on hate speech with Twitter. It could mark a watershed for the country’s approach to social media — but it’s not just Paris that has a problem. We all do.
Five years after its $280 million acquisition, the music service is still struggling to turn a profit for CBS, if latest efforts to tactically abandon and charge for royalty-incurring personalised radio are anything to go by.
Four years ago developer Matt Biddulph jokingly coined ‘Silicon Roundabout’ as a description of East London’s small but growing startup scene — now it’s become the de facto term for the area around Old Street. Here he recounts how a moment of mirth turned into a meme.
The British government’s constant adulation of the London startup scene reached its culmination this week with the news of a huge new redevelopment project. But the reality is that many of Britain’s smartest innovators are locked inside government and the rest look increasingly like poseurs.
The app, which is similar to WillCall but focused on a wider variety of events, intends to take its curated approach to last-minute event booking international next year.
London has relied heavily on the financial sector over the last few decades, but that industry’s importance is waning. An influential think tank says it’s tech startups that will need to pick up the slack.
As investors go, Balderton’s Barry Maloney has one of the best hit rates in Europe. But in a rare interview he explains why he’s not optimistic about the future for tech companies on the continent who want find an exit locally.
SpringboardIoT, a new accelerator program focused on startups working on hardware and the Internet of Things, has launched in the UK. The scheme’s founder joins forces with an experienced insider to explain why it’s a necessary and useful development.
Music service Rara has spent the last 10 months quietly tweaking its offering following a quiet launch. Now it will start going live properly. The catch? Every user is going to have to pay to play.
Facebook Vice President Joanna Shields, who in the past has worked for Google, Bebo, AOL and most recently with Facebook is now taking over as the chief executive of Tech City Investment Organization, a group that wants to make London a center of tech innovation.
Following a successful first two years for the original FinTech Innovation Lab in New York, Accenture and its banking pals are trying to replicate the scheme in the world’s top financial center.
Business card printer and east London tech darling Moo.com acquires web personal landing page Flavors.me to bolster its digital profile.
Two of the biggest taxi service startups are preparing to go head-to-head as San Francisco’s Uber and London’s Hailo gear up for launch in New York. Who will win? Evidence so far suggests it’s a tough game, but the British company may just have the edge.
European technology companies looking to go public usually desert their home turf and head to the U.S. — creating an echo chamber that has made some local investors angry. Now reports suggest that the British government may be trying to reverse that trend. Can it work?
More data suggests these were the “mobile games”. London 2012’s organising committee says most digital engagement was via mobile devices, as it closes the lid on the Olympics with an end-of-games stats dump.
The BBC’s celebrated ‘four-screen’ London 2012 output has revealed a late-night iPad fetish and new high water marks for live video and mobile content consumption. ‘This has really been the multi-platform Games,’ the corporation says.
Half of searches and video streams are coming from mobiles and tablets during the Olympic games. Has the mobile internet reached a tipping point? New Google data would seem to suggest as much.
UK TV viewers are gobbling up 24 simultaneous live Olympics streams the BBC is taking from web to TV. First-week data shows a big appetite for viewing of all kinds.
London startup Mendeley is already beloved by researchers around the planet for helping them manage their work. Now it’s unveiled a new product that it hopes can help universities get a better handle on what’s happening right now. Goodbye slow, stuffy academia.
As it takes a hammering at home, Netflix is pinning its hopes on getting traction in Europe. But Adam Valkin, the founding CEO of rival video service Lovefilm, says that the US company could have owned the market if it hadn’t pulled out of a European launch in 2004.
Almost half of the internet video NBC is serving this Olympics is going to mobiles and tablets. That’s a watershed for portable TV. But what happens when at-home internet TV becomes commonplace?
Stung by online criticism of its “#NBCFail” Olympics, the broadcaster comes out fighting with a range of record cross-platform viewing stats it says show critics are just a ‘vocal minority’. But can it make the most of digital when the laser focus is on prime time TV?
Many publishers are introducing digital fees but, in print, shrinking economics are moving others to abandon cover prices. Their hope is to drive up free circulation and advertiser interest.
Irony of ironies – after encouraging fans to tweet copiously, the International Olympic Committee requests London 2012 attendees limit their output only to “urgent” status updates. The problem – mobile updates from some attendees have clogged a mobile network used by official TV data suppliers.
As Britain prepares to host the Olympics, London’s startup entrepreneurs are the focus of a string of major announcements that all promise to transform the city from a fading Victorian giant into a gleaming technopolis. It’s a revolution that can’t come soon enough.
Who owns the airspace in London’s Olympics venues? Organisers want to stop spectators from creating personal WiFi hotspots, while BT charges up to £9.99 per day for on-site access.
Traditional TV will dominate, viewing on other devices is growing, and researchers can’t agree on how many people will watch the Olympics on mobile and tablet – that’s the conclusion from sifting research forecasts on the matter.
Amazon is amalgamating development teams from two acquired companies in to a London “centre of excellence” for streaming movies, TV and music on devices around the world.
Speaking with paidContent at the Olympic Park, International Olympic Committee social media head Alex Huot explains social media rules must safeguard TV rightsholders, and says big media can find a new role for themselves…
The London Olympics’ host team will launch two digital products next week, joining broadcasters, other media, the IOC and the games’ organising committee in seeking fans’ electronic mindshare.
A new competition is trying to tempt more startups to London with a £1m booty. But it turns out the “prize” is actually a cash-for-equity investment on terms that are yet to be decided — and from an individual whose identity is being kept secret.
New mobile data service Samba has launched in the U.K. with a novel idea — agree to watch a few ads, and it will give you free data. But while the company hopes it’s on track for glory, the path it’s taking is littered with bodies.
London currency exchange startup Transferwise has teamed up with a neighbor, The Currency Cloud, to let people transfer money between a range of European currencies. But is the next stop for the disruptive finance company going to be the US dollar?
Since taking the job heading up the UK government’s project to champion East London as a global technology hub, Eric van der Kleij has taken plenty of brickbats. Now he’s stepping down, who will be there to take on the challenge?
Paris is following London by starting to provide free wireless access to subway travelers, thanks to a new initiative from WiFi service company GOWEX. With similar moves in New York as well, is this boost in transport connectivity a trend?
Private car hire service Uber is preparing to hit the British capital just in time for the Olympics, and the reality is that London, with its iconic black cab service, has the potential to make — or break — Silicon Valley’s latest transportation darling.
Bad news for Netflix’s international aspirations, as Amazon-owned rival Lovefilm announced a U.K. rights deal to show 20th Century Fox movies on its streaming service. But with antitrust authorities hovering over the movies-on-demand market, things are still up for grabs.
Starting Wednesday, Hotel Tonight users can use the app for the first time to book a last-minute hotel room in London. The company is staffing up its London office and has hired a respected travel industry veteran as it prepares for further expansion into Europe.
UK politician Louise Mensch has got a ton of publicity for her new startup, Menshn — a Twitter-like messaging service that has pre-determined topics for people to talk about. But here’s the thing: it’s an idea that’s rotten from top to bottom.
With more than $1 billion in tickets sold through its platform, Eventbrite is on a tear — and co-founder Kevin Hartz says it’s now ready to spend some of the $50 million it raised last year on a massive global expansion.
With the London Olympics just around the corner, the event’s addiction to crass sponsorship and commercial exploitation just gets worse and worse. The latest victim? Mobile network O2, which has effectively been stripped of its sponsorship of The Millennium Dome for the duration of the event.
Gig listings startup Songkick has started its expansion into broader music services, with a new feature called Tourbox that lets bands manage and promote their live dates across the web, through integrations with the likes of YouTube, Spotify, SoundCloud and Bandcamp.
70 years ago Bletchley Park in England was home to a team of computer pioneers who were breaking Nazi ciphers to try and win the war. This weekend, it’s playing host to a different generation of geeks as Europe’s largest mobile hack day prepares to land.
The team behind London-based photo app developer Lightbox are joining Facebook. But it’s a long way from Instagram’s billion-dollar deal: in fact, while the company’s employees are rejoicing, users and investors appear to have been left out in the cold.
Neil Rimer of Index Ventures thinks one of the big problems for European startups — the lack of local exit opportunities — is all of its own making. But who has the guts to take up his challenge and go public in London?
London’s increasingly competitive taxi app space has a new player launching officially on Thursday: Ubicabs, which wants to grab a slice of the British capital’s lucrative transport market. Investor Sean Phelan explains why he thinks it can succeed.
Britain looks set to re-open the question of how adult internet content is regulated, as embattled Prime Minister David Cameron scrambles for ways to shore up support from the conservative heartland.
A year into its life, Passion Capital has established itself as one of London’s premier seed investors. Here’s what the trio behind the business have learned since making the change from entrepreneurs into serious investors.
Organisers want to stop athletes and spectators from publishing photos, video and audio from this summer’s London Olympics, in an effort to protect Big Media rights outlay – but that doesn’t mean the Olympics doesn’t have a social media strategy…
Another Russian company looks set to list on the London exchange — this time the country’s second-largest mobile operator, MegaFon. It follows Mail.ru, which used London to become a real force in the technology industry. What makes the British capital so alluring?
London-based social network Badoo is trying to jettison its saucy reputation and crack the lucrative American market — where its outsized Spanish-speaking audience is driving growth and expansion.
With British unemployment levels running above 8 percent, a community-organized jobs fair that wants to get people working with startups has announced it is back for a third time.
Plans by the British government to give intelligence agencies access to details of every phone call, email, text and website visit made in the country have drawn plenty of anger from across the spectrum. Here’s what people are saying about the controversy.
French startup Jolicloud has spent the last few years trying to do ambitious things with cloud-based computers, operating systems and portable desktops — but it’s failed to get much mainstream traction. Can its new service for centralizing your data change all that?
Just days after launching a revamped website, music subscription service Rdio is set to announce that it is launching in the lucrative British market — a move that will continue its rivalry with Spotify and others.
Bethnal Green Ventures thinks it can have an impact on the big issues with an accelerator program for support technology companies working on social and environmental problems. Can it work?
London concert site Songkick has just become Sequoia Capital’s first British investment, with a $10 million funding round that underscores the level of interest that venture capital’s most prestigious firms now have in Europe’s burgeoning startup scene.
After the Court of Appeal in London told Britain’s two biggest Internet providers they must abide the controversial antipiracy rules brought in by the Digital Economy Act, some experts suggest it could spark a SOPA-style protest. Is it likely?
In the never-ending quest to provide easy sound bites and press-friendly stats, startups often flirt with numbers that just don’t make sense. Case in point: London-based kids’ website Moshi Monsters, which has a very strange piece of numerical wizardry.
London-based peer to peer currency exchange Transferwise has passed €10 million in transactions, saving customers nearly half a million Euros in fees that would have otherwise landed in the hands of the banking industry.
Cloud collaboration software company Huddle is launching a new sync option for its hundreds of thousands of business users — centered on a smart matching algorithm that makes sure you only get the files you need
London-based art discovery service Artfinder is set to step up its plans for taking high culture to the web, after bringing in a second round of funding from Northzone, Greylock, and Wellington Partners.
More details have emerged about Google’s intriguing plan to open a co-working space in London’s trendy startup district — but businesses and the authorities should be careful of reading too much into the move.
A new portal that lets British citizens access government services online has just launched in beta. It’s fast, easy, accessible — and should save the tax payer bundles of cash. Is this a model for the future of connected government?
Cloud collaboration service Huddle is targeting huge corporate customers, bringing them a new tier of service that allows an unlimited number of users for no extra charge. Can it help win new business and take on the industry’s biggest beasts?
Sources have confirmed that work on an iPad app specially designed for British Prime Minister David Cameron has been underway for several months — and that, once completed, officials plan to make it available to the public.
London startup Transferwise wants to be the Skype of currency exchange, disrupting existing services that charge customers heavily for moving their money. But can its low-cost, peer-to-peer approach really succeed?
British Prime Minister David Cameron yesterday hailed the 200% growth in East London’s technology cluster over the past year — but closer examination of the official figures by GigaOM shows that the statistics include nightclubs, fashion retailers and other non-tech businesses.
Twitter has made the world faster with its real-time messaging. But what if it’s not actually real-time enough? Enter Bonfire, a new browser plugin that promises to bring IM-style chat and presence into Twitter itself.
Index Ventures partner Saul Klein is a champion of Europe’s tech scene, from London to Ljublana. Now he’s in to bat for Israel — a country he says is ready to set aside its history of security, pornography and gambling to become the next great innovation hub.
A Wall Street Journal columnist says that blocking access to social media during emergencies isn’t a big deal, and that “techno-utopians” are over-reacting. But are they? Or are these kinds of moves a step on a slippery slope that leads to Chinese-style control over information networks?
After a weekend of riots in London, reports are spreading suggesting that mobs are using BlackBerry Messenger to organize themselves. That news may come as a surprise, but it’s really just evidence of how popular the brand is in the inner city.
Twitter has filled out its European team with another two executive positions based in London, but its focus on sales and marketing prompts the question: can foreign markets be anything more than just another chance to score big advertising dollars?
The surprise death of London’s much-loved Tower Bridge Twitter account over a trademark claim has upset its fans. But with the service facing increasing demands from litigious trademark owners and well-funded businesses, should we really expect Twitter to hold a higher standard?
London design consultancy BERG has spent the last couple of years carving out a strong reputation with its futuristic films and approach to innovative-but-tasteful technology. But it doesn’t just want to build ideas: now it’s moving into making products.
How’s your reality? Blasé, run-of-the-mill, so-so? Fear not — an augmented reality is right around the corner, so long as you own…
London Mayor Boris Johnson wants his city to take the lead in making the UK the electric vehicle capital of the EU.…
2008 was the year of the netbook: My local electronics store went from having none in stock to a display offering some…