Future Fifty hopes to encourage start up companies in UK to expand globally and be at par with Google and Amazon.
Tags: Technology
New program to enhance fight versus cyber threat
iSight Partners gets funding from Blackstone to unveil Cyber Risk Management System. iSIGHT Partners received new investment from asset management firm Blackstone to launch the Cyber Risk Management System (iCRMS).
NASCAR to improve tech, simplify rules
NASCAR said that it will simplify its rules and focus in technology. A restructuring of the competition structure was disclosed by NASCAR today, focusing on innovation, transparency, and efficiency.
The telegram dies in India
The last remaining postal service in India finally shut down after more than a century's operation.
Longest losing streak for PC shipments recorded
Last quarter extended the losing streak of PC deliveries, making it the longest recorded . Personal-computer deliveries have slipped for a fifth straight quarter, the lengthiest losing streak documented, as customers continue to prefer touch-screen smartphones and tables for getting online.
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Sonendo announced the completion of equity financing totalling US$27 million. (Photo : Reuters)This is one of the root canal procedures that Sonendo has revolutionized with modernized technology.
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Bloomberg LP unveils Bloomberg Beta, a fund focusing on technology start up firms. (Photo : Reuters)The image is the corporate logo of Bloomberg News. In an announcement, Bloomberg LP unveiled Bloomberg Beta, the US$75 million venture fund that would focus on providing financial investments in early stage technology firms and start up ventures.
Partnership between Box and GoodData expanded with supporting capital funding. Partners Box and GoodData launched today the GoodBox Bash. The partners recent project is a cloud based application that allows their client to view, analyze and process business information.
Corsair, the gaming components expert, has received US$75 million investment from Francisco Partners.
PowerbyProxi raises new funds to expand its wireless power technology. Reuters reported that PowerbyProxi was able to raise an additional US$5 million of funding previously reported in VentureBeat.
VeriFone's current conditions makes it ripe for takeover by private equity firm according to analysts.
Temenos, a Swiss financial services software provider, said it completes its acquisition of U.S.-based compliance technology firm TriNovus in addition to its 800 institutional clients.
Blacberry founder forms Quantum Science fund for technology development. The venerated inventors of Blackberry Mike Lazaridis and Doug Fregin are again in partnership to set up a fund that would foster the growth, development and commercialization of quantum science technologies.
