• Sale of SVB UK ‘minimises disruption to British tech,’ says Bank of England

    Sale of SVB UK ‘minimises disruption to British tech,’ says Bank of England
    The British tech sector can rest a little easier tonight after the UK arm of Silicon Valley Bank (SVB) was sold to HSBC for just £1. The intervention followed last week’s collapse of the subsidiary’s California-based parent company. The Bank of England (BoE) intervened over fears that mass withdrawals in the US would spread to the UK business. Many of SVB UK’s 3,300 customers, which include numerous VC investors and startups, warned they would go bust if their depos
  • New plans for a GDPR replacement have divided Britain’s tech sector

    New plans for a GDPR replacement have divided Britain’s tech sector
    The UK has finally unveiled plans for its GDPR replacement: the Data Protection and Digital Information Bill (DPDIB). Introduced in Parliament last week, the bill aims to boost economic growth while protecting privacy.  The proposed rules promise to reduce paperwork, slash costs, foster trade, and (please, Lord) cut down on cookie pop-ups. They also controversially claim to produce savings of more than £4 billion over 10 years (more on that later). The shadow of the UK’s withdr
  • From surplus energy to investment opportunities: Startups across Europe combat fuel poverty

    From surplus energy to investment opportunities: Startups across Europe combat fuel poverty
    On Christmas morning last year, dozens of households in the Republic of Ireland woke up to a hot water tank that had been heated overnight – for free. These households were part of a pilot run by the pioneering social enterprise EnergyCloud, which has found a way of using surplus wind energy on blustery nights to help people who are experiencing fuel poverty.  All it takes is the installation of a special switch that allows EnergyCloud to activate water heating when there is bountifu
  • No Wifi? No problem: The traveler’s guide to eSIMs

    No Wifi? No problem: The traveler’s guide to eSIMs
    The reasons you’ll want to stay connected while traveling are pretty obvious: unless you’re planning an Into the Wild style off the grid experience, you’ll probably want to be able to use your data to find your way around, buy tickets, upload photos onto social media, fire up that local dating app, or whatever you like to do while abroad. But, international data and calling rates can place a hefty burden on your travel budget, not to mention roaming fees which vary with every
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