DigitalOcean Holdings, the developer cloud optimised for startups and growing technology businesses, has announced the next evolution of App Platform, a fully managed platform-as-a-service (PAAS) solution designed to streamline the entire application lifecycle.

A new study from BusinessComparison has investigated the current state of startups in the UK, identifying the regions and industries with the newest businesses. The study also investigated businesses that dissolved in 2023, focusing on younger companies.

The pitching competition of the international startup and technology conference Latitude59, which took place in Tallinn, was won by three startups. Ukrainian-founded AI startup Beholder earned the largest investment of €600,000, Lithuania's AskToSell took home €300,000, and Estonian startup GaltTec won €100,000.

HSBC UK has partnered with Greenly, the carbon management company to support clients in measuring their carbon footprint by enabling them to identify their main sources of carbon emissions and spot opportunities to reduce them.

The marketing industry is rapidly adapting to the new consumer profile, who spends a large part of their time online. According to the study 'Trends Review 2024', prepared by The Cocktail, 35% of our daily rest routine is spent using the Internet. This digital experience has made users increasingly more informed when making decisions, more up to date with trends on social networks, and more aware of different causes although, on the other hand, they are saturated with content and screens, so they seek physical disconnection as an escape route.

If there is one element that we can no longer discern from any industry, it is technology. Its implementation has generated a true revolution that has also reached the travel and tourism sector. A transformation that is analysed every year at Tourism Innovation Summit (TIS), the technological event for the tourism industry, which returns in 2024 to Seville, Spain, from 23 to 25 October to learn about the latest traveltech trends from the world's leading experts in the field.

The eternal “nothing to wear” dilemma arises from having a wardrobe filled with up to 88% of clothes that go unworn throughout the year, according to Movingo. Style DNA, a company in image consulting tech, unveils its brand-new AI Stylist Assistant to address the issue.

The majority of UK Chief Executives are experiencing tech imposter syndrome in the boardroom, with nearly two-thirds (64%) admitting they secretly feel out of their depth when it comes to digital skills.

Aerospace Xelerated (AX) announced it will run a pitching competition during this year’s Farnborough International Airshow (FIA) on 25th July. The winning startup will receive a prize of £5,000, six months of mentorship from the AX team, and exclusive exhibition space for the 2026 Farnborough International Airshow to help them grow their business. The second-place winner will receive a prize of £2,500 and three months of mentorship.

This year’s entries raised the bar once again, showing the incredible talent and ambition within our great industry. A special thank you to our esteemed judging panel for investing their valuable time to ensure the winning entries are worthy of being crowned victorious.

In recent years, the digital world has been immersed in a convulsive situation. Geopolitical conflicts, volatility in the world economy, changes in the executives of decision-making countries and the rise of exponential technologies, among other factors, have led to the creation of an uncertain global scenario where challenges and threats are increasing. In this respect, the digitalisation of industries and society as a whole has led to crimes also moving to a virtual format, with cyber-attacks being the main protagonists of this new paradigm.

Younger investors in the UK do not consider building and managing wealth a priority, according to a new survey conducted by Invessed in association with YouGov.

Prograd, one of the leading financial literacy companies for Gen Z, has announced the launch of a new feature that promises to transform the way young people find side hustles this summer.
 

Empowered Brands, the Milton Keynes headquartered fitness franchise investor spearheading the growth of the UK’s leading gym franchise, énergie Fitness, and Australian-born, innovative boxing and strength training concept, UBX Boxing & Strength, has announced the signing of a master licence agreement with fit+, a German-based pioneer in staffless gyms with over 250 locations across Europe projecting 2024 turnover in excess of €30 million.

55% of businesses say they would pay a premium for a top-quality workspace.

The Institute of Enterprise and Entrepreneurs (IOEE) has announced the launch of Enterprise Spark, a programme designed to revolutionise entrepreneurship education for 16-18-year-olds.

After the economic dynamism recorded at the end of the pandemic, we are currently in a period characterised by question marks. Geopolitical conflicts, rising energy and labour costs, increased tax pressure and staff shortages, among other factors, have had an impact on the business ecosystem. According to CEOE data, in order to face these challenges, 81% of organisations are betting on digitalization, with the purpose of reducing costs and increasing competitiveness. A fact that also has an impact, to a large extent, in the field of human resources, responsible for retaining and attracting talent, a driving force for all companies.

The EU announced the establishment of a dedicated AI office, created to play a pivotal role in implementing the landmark AI Act.

For the first time ever, women are taking the streets of London to shine light on financial gender inequality. How? By placing an enormous hourglass in the heart of London, where time is money, visualising how time is ticking on the issue.

Japan is investing heavily in artificial intelligence (AI) technologies to increase the competitiveness of its businesses and close the gap with rivals the US, EU, and China.