Digi-Capital tracked startups raising over $6 billion across AR/VR/computer vision in 2018, driven by large, late-stage deals in China. A decline in deal volumes (number of deals) during the first three quarters of the year stabilised in Q4, while deal value (dollars invested) returned to a two-year average after large spikes from a few mega-deals […]
Digi-Capital’s Games Report Q1 2019 tracked games companies raising $5.7 billion (€4.9bn) in 2018, which was over twice the previous record investment from 2017. Tim Sweeney’s Epic Games’ $1.25 billion was not only the largest round raised last year, it was the largest non-IPO games investment of all time. The only larger single amount raised […]
The UK Secretary of State for Work and Pensions, Amber Rudd MP, has welcomed news that Openreach, the UK’s digital network business, will hire 3,000 new trainees – of which around 1,600 are newly created roles – over the next 12 months. The announcement is an extension of Openreach’s largest ever recruitment drive, with 6,500 […]
Open Fiber, the sole wholesale-only player in the Italian broadband market, has selected Nokia for a fibre-to-the-home (FTTH) rollout that will bring ultra-broadband services to the small towns and rural areas of Italy. The Open Fiber network will bring optical fibre from a point of presence to the customer’s home and deliver speeds of up […]
With the UK set to leave the European Union, the Brussels Capital Region is launching a major initiative to attract UK-based businesses in the film, broadcast and creative industries to base themselves in the Belgian capital, ensuring they can continue to operate seamlessly across Europe following Brexit. With the nature of the UK’s relationship with […]
WarnerMedia has revealed plans to launch the WarnerMedia Innovation Lab, a future-forward incubator that will combine emerging technologies with content from across its operating units to create new and innovative consumer experiences and businesses. The initiative will further encourage deep collaborations across WarnerMedia and AT&T, as well as between key corporate partners and developers of […]
The Digital, Culture, Media and Sport Committee of the UK’s House of Commons has published a short report in reaction to the BBC’s formal response to the Committee’s report on equal pay at the BBC. That report also considered the use of Personal Service Companies, licence-fee funding for people over 75, and the future of […]
Beeswax, the extensible programmatic buying platform, has secured $15 million (€13.2bn) in Series B Funding led by RRE, Foundry, and Amasia along with participation from You & Mr Jones. Having raised $28 million to date, Beeswax says its continued growth across North America, Europe, and APAC is fueled by the company’s alignment with major industry shifts including the rise of […]
Parts of central London, Stroud, Tunbridge Wells and Canterbury were among the more surprising areas suffering from the worst broadband in the UK, according to Which? analysis of customer speed tests. The consumer champion found that while rural Scotland and Wales still have Britain’s slowest average connection speeds, many local authority areas including in the […]
Digital Catapult, a technology innovation centre that unlocks digital growth in the UK economy, and national development body Arts Council England, have announced an Open Call for a new cohort of content creators to join CreativeXR, a programme aimed at supporting the development of new virtual, augmented and mixed reality experiences within the creative industries. […]