What do the Uber files tell us about the company’s expansion tactics?
A leak of internal documents reveal evidence that the company broke laws, duped police, exploited violence against drivers and secretly lobbied prime ministers and presidents in an effort to break into...
View Article‘Embrace the chaos’: a history of Uber’s rapid expansion and fall from favour
The firm was one of the pioneers of the gig economy model but its operations soon caused a global furore As Uber expanded around the world at breakneck speed under the leadership of Travis Kalanick, an...
View ArticleHermann Hauser, founder of Arm: ‘Brexit is the biggest loss of sovereignty...
The doyen of the UK computing industry says that a hi-tech future will leave Britain no choice but to turn to EuropeThe story of the smartphone revolution might have been very different. Hermann Hauser...
View ArticleOnlyFans profits boom as users spent $4.8bn on platform last year
Highly profitable company paid out more than $500m to reclusive owner Leonid Radvinsky in last two yearsOnlyFans has paid out more than $500m (£433m) to its reclusive owner in the last two years, as...
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View ArticleBattery startup Britishvolt enters administration as rescue talks fail
Staff told majority of firm’s 300 employees would be immediately made redundant on Tuesday morningAnalysis: where does this leave UK dreams of an electric future?The battery startup Britishvolt has...
View ArticleWhere does the Britishvolt collapse leave UK’s dream of an electric future?
Britain’s car industry relies on petrol or diesel vehicles – and every failure to be part of the electric revolution makes it more exposedBritishvolt enters administration as rescue talks failThe...
View ArticleNo 10 defends Zahawi after reports he paid millions to settle tax dispute –...
This live blog has now closed, you can read more about this story hereHuw Merriman, the rail minister, told MPs this morning that the government has lost more money due to the impact of rail strikes...
View ArticleActivist investor Elliott takes stake in Slack owner Salesforce
US investment group typically buys stakes in underperforming firms and seeks changes to way they are runThe US activist investor firm Elliott Investment Management has taken a multibillion-dollar stake...
View ArticleIs the US government ready for the rise of artificial intelligence? | Robert...
AI could benefit society, but it could also become a monster. To guide the way, we need leadership and understandingWe’re at a Frankenstein moment.An artificial intelligence boom is taking over Silicon...
View ArticleTell us: are you affected by the Silicon Valley Bank collapse?
We’re interested to hear how affected SVB investors and workers in the tech and start-up sector view the bank failure and what the wider implications might beWe’re keen to hear from investors who have...
View ArticleBig tech has long thought itself above the state. Silicon Valley Bank’s...
In the US, the Federal Reserve has stepped in to guarantee deposits. The tech sector should realise it can’t go it aloneSilicon Valley Bank (SVB) became one of the 20 largest banks in the US by being...
View Article‘It was frantic’: the scramble to save SVB UK and avert a banking crisis
A small army worked through the weekend to ensure 3,500 UK customers – largely tech firms – still had cash on MondayFrom the moment Silicon Valley Bank collapsed on Friday afternoon, banking regulators...
View ArticleInnovative heat tech could save England’s swimming pools from closure
Twenty pools may be upgraded this year after startup uses energy from small data centre to heat waterPublic swimming pools facing closure because of soaring energy bills have been offered a lifeline...
View ArticleTechScape: How Silicon Valley Bank UK was saved
In this week’s newsletter: While its quick slip into financial hardship has left American bankers reeling, its UK division is surprisingly fine. But the tech sector isn’t out of trouble yetDon’t get...
View ArticleCreative tech firm Talenthouse is close to failure as debts mount
Company that matches artists with brands is understood to have laid off most of its staff and faces legal action by creditorsA tech company that claimed to “democratise creativity” by matching artists...
View Article‘A naive and stupid idea’: how Rishi Sunak’s Future Fund spent millions on...
The then chancellor’s loan scheme, set up as Covid hit, was supposed to keep dynamic startups going, but ended up giving taxpayer cash to long-established or lame-duck businessesIn the small hours of a...
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