News
UK businesses lost over 50 million hours and £3.7 billion due to internet failures in 2023, according to a new report from Beaming, a specialist business ISP. Reliance on connectivity for trading and operational activities has increased among businesses in the last five years, and the cost of missed sales, lost productivity and other disruptions due to downtime has risen by 400%.
Lloyd’s, the premier global insurance and reinsurance marketplace, has released a new report today highlighting the significant impact that the swift advancement of Generative Artificial Intelligence (GenAI) technology will have on the cyber risk environment. This evolution demands that businesses enhance their resilience against these changing threats.
Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announces the launch of QuickBooks Bureau Payroll, a standalone, full-cloud solution built for UK accountants and bookkeepers with diverse client needs. Integrating with major accounting solutions such as Xero, Sage, Iris and more, QuickBooks Bureau Payroll helps accountants streamline and speed up their payroll processes.
TheyDo, the leading journey management platform, announced an additional $34 million in funding today (14th March 2024). Blossom Capital led the round, supported by other existing investors Arches Capital and Innovation Quarter and joined by global customer experience evangelist Steven van Belleghem, Highsage Ventures and 20Sales. The round will enable TheyDo to continue leading the journey management movement at scale; increase R&D, focus on AI and data ingestion; and build out its customer-facing team in the United States.
The CIBER-SHUBE project, implemented under the public invitation for collaboration in the promotion of Strategic Cybersecurity Projects in Spain, is co-funded by INCIBE and the University of Salamanca under the Recovery, Transformation and Resilience Plan, financed by the European Union (Next Generation EU).
Global proptech venture capital firm Pi Labs has today launched ‘Sustainably Intelligent: AI for a Greener Built World’, a research report that uncovers new details about the transformative impact that artificial intelligence will have on reducing carbon impact in the real estate industry and built environment.
Spyrosoft Ltd. will support the BBC (British Broadcasting Corporation) with Digital Engineering Augmentation services in the UK. According to the cooperation agreement signed in December 2023, Spyrosoft will act as an external partner providing technology expertise and resources to expand its media technology teams in the United Kingdom.
Oxford University Innovation proposes a new target to increase the proportion of women founders or co-founders from 15 per cent in 2015-16 to 50 per cent by 2030. The University of Oxford’s Increasing Diversity in Enterprising Activities (IDEA) initiative aims to promote inclusivity in entrepreneurial activities, first tackling the under-representation of women in entrepreneurship. Over the past eight years, the proportion of women founders and co-founders of spinout companies at the University of Oxford has roughly doubled to over 28 per cent.











