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Top related persons:
Reeves - 1 Oli Scarff - 1 Atomico - 1 Tom Wehmeier - 1 Wehmeier - 1 Europe's - 1 Rachel Reeves - 1 techUK - 1
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Microsoft - 3 Thomson - 2 Startup Coalition - 1 Getty Images Venture - 1 European Tech - 1 CNBC - 1 VC - 1 Skype - 1

Search resuls for: "techUK"


4 mentions found


☆ European tech funding declines for third consecutive year — but the sector is finally stabilizing
  + stars: | 2024-11-19 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
Still, Atomico said this shows that European tech funding levels have finally "stabilized" despite worsening global macroeconomic conditions leading to three consecutive years of declines. In the period spanning 2015 to 2024, European startups have bagged $426 billion, dwarfing the sum of investment deployed into tech firms the decade prior. Europe's first $1 trillion tech firm? Atomico said it's optimistic about the next decade in European tech. The VC firm, which was established by Skype co-founder Niklas Zennström, is predicting the entire European tech ecosystem combined could be valued at $8 trillion by 2034, up from around $3 trillion currently.
Persons: Reeves, Oli Scarff, Atomico, Tom Wehmeier, Wehmeier, Europe's, Rachel Reeves, techUK, Niklas Zennström Organizations: Startup Coalition, Getty Images Venture, European Tech, CNBC, VC, Skype, Spotify, Google, Apple, Facebook, Meta, Microsoft, Nvidia, Tesla Locations: British, State, Europe, U.S, China, Atomico, United States
☆ UK self-driving car dreams could break down at the starting line
  + stars: | 2023-06-08 | by ( Nick Carey Alistair Smout | Nick Carey | Alistair Smout | ) www.reuters.com   time to read: +5 min
The UK government said last August it would advance a bill in the current parliamentary session, which is expected to end this autumn, providing detailed regulations by 2025. That has not yet happened, with political turmoil forcing the government to water down ambitions for this session. Transport Minister Mark Harper in December said there would no longer be a Transport Bill this session, and did not mention a separate AV bill in an outline of the ministry's legislative agenda. Last month Junior Minister Jesse Norman said he shared AV startups' concerns. They fear a self-driving bill will be crowded out by other vote-winning priorities in the run-up to the election.
Persons: Toby Melville LONDON, Claudio Gienal, Mark Harper, Iain Stewart, Jesse Norman, We've, Kaity Fischer, Wayve, Ashley Feldman, Alexander Dennis, Jim Hutchinson, Oxbotica, Paul Newman, Nick Carey, Ben Klayman, Sharon Singleton Organizations: REUTERS, Ireland, AXA, Transport, United Arab Emirates, Microsoft, Autonomous Vehicles, Stagecoach, BP, Thomson Locations: Oxford, Britain, British, France, Germany, California, London, Bristol, Edinburgh, Fife
☆ Microsoft searching for solutions over UK block on Activision deal -president
  + stars: | 2023-06-06 | by ( Paul Sandle | ) www.reuters.com   time to read: +1 min
LONDON, June 6 (Reuters) - The president of Microsoft (MSFT.O) said he was looking for solutions to try to get British approval for the software giant's $69 billion acquisition of "Call of Duty" maker Activision Blizzard (ATVI.O). British competition authorities blocked the biggest ever deal in gaming in April, in a shock decision which Microsoft has since appealed. "I'm in search of solutions," Microsoft President Brad Smith told the techUK Tech Policy Leadership conference in London on Tuesday. The EU's competition authorities approved the deal in May after they accepted remedies put forward by Microsoft that were broadly comparable to those it proposed in the UK. Microsoft has also appealed the U.S. Federal Trade Commission's action seeking to block the deal on the grounds that, the agency said, it would suppress competition.
Persons: Brad Smith, Smith, Paul Sandle, Sarah Young, Kate Holton Organizations: Microsoft, Activision, techUK Tech, U.S . Federal Trade, Thomson Locations: British, London, EU
☆ Exclusive: U.S. Chamber of Commerce warns against draft EU plan to exclude non-EU cloud vendors
  + stars: | 2022-12-01 | by ( Foo Yun Chee | ) www.reuters.com   time to read: +3 min
REUTERS/Paresh Dave/File PhotoBRUSSELS, Dec 1 (Reuters) - The U.S. Chamber of Commerce and 12 other groups on Thursday warned the European Union against adopting rules that could exclude Amazon (AMZN.O), Alphabet (GOOGL.O) unit Google, Microsoft (MSFT.O) and other non-EU cloud services providers from the European market. ENISA's draft dated May seen by Reuters sets out requirements for a certified cloud service provider (CSP) aimed at preventing and limiting interference from non-EU states with the operation of certified cloud services. "If other countries were to pursue similar policies, European cloud providers could see their own opportunities in non-EU markets dwindle," they said. Not all cloud services," a spokesperson said. The size of the global government cloud market is expected to reach $71.2 billion by 2027 from $27.6 billion in 2021, according to market research firm Imarc Group.
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