London fintech funding soars in first half of the year
Fintech companies based in London raised more funding from venture capital investors in the first six months of 2021 than in any other year, demonstrating the British capital’s resilience as a hub for digital financial services post-Brexit.
Factbox: Bezos, Branson and Musk: Who is winning the space tourism race?
Three billionaire entrepreneurs – Jeff Bezos, Elon Musk, and Richard Branson – are each vying to usher in a new era of private commercial space travel.
eCom Scotland offers help to the UK’s training-starved Pharmacies
The digital learning and assessment specialist, eCom Scotland, is offering help to the UK’s 12,000 or so retail pharmacies – in particular, to help meet pharmacists’ need for education and training on digital technologies. This need was revealed via recent surveys of early career pharmacy professionals, including students, with most respondents (87.3%) saying that they lacked education and training in the area of clinical informatics.
EXCLUSIVE Weibo chairman and state firm plan to take China’s Twitter private -sources
Weibo Corp (WB.O) Chairman Charles Chao and a state investor are in talks to take the Nasdaq-listed Chinese social media company private in a deal that could value it at $20 billion-plus, sources close to the matter told Reuters.
Samsung Electronics Q2 profit likely up 38% on strong chip prices
Samsung Electronics Co Ltd (005930.KS) likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres.
Asia shares volatile as China tech worries remain
Asian share markets were volatile on Tuesday, after Australia’s central bank flagged some tapering in its quantitative easing programme and concerns over the future of China’s powerful technology sector weighed down shares.
Didi cybersecurity probe blindsides shareholders days after debut
Chinese regulators have gained a reputation for aggressive action, but even hardened investors were shocked by the announcement of a probe into ride-hailing firm Didi (DIDI.N) just two days after its $4.4 billion New York stock market debut.
Factbox: The challenges facing Amazon’s new CEO, Andy Jassy
Amazon.com Inc (AMZN.O) on Monday got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division, who succeeds company founder Jeff Bezos.
Chinese regulators suggested Didi delay its U.S IPO – WSJ
China’s cybersecurity watchdog suggested Didi Global Inc (DIDI.N) delay its initial public offering and urged it to review its network security, weeks before the Chinese ride-hailing giant went public, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Coop, other ransomware-hit firms, could take weeks to recover, say experts
Computer systems of several companies across the world, including 800 physical grocery stores of Sweden’s Coop, that were shut down after attacked by REvil ransomware could take weeks to recover, cyber security experts said.
