The government will spend over £1 billion to cut emissions from industry, schools, and hospitals, as it announces an “ambitious blueprint” to deliver the world’s first low-carbon industrial sector.
The government has said that the UK’s first hydrogen transport hub is almost a reality, as it pledges £3 million to the project and unveils an “official masterplan.”
During the pandemic, 49 per cent of people in the UK and the US have struggled, or know someone else who has struggled, to gain access to basic online services like healthcare, grocery delivery, and education, because of how they are offered online.
The use of technology is one of four key objectives outlined in a new government review on UK national security, defence, and foreign policy over the next decade. The government said that sustaining strategic advantage through science and technology (S&T), by incorporating it as an “integral element” of national security and international policy, would “firmly” establish the UK as a global S&T and responsible cyber power.
Companies are increasingly investing in low-code, a visual approach to software development, to help support their business post-Brexit. Research from Mendix revealed that 58 per cent of financial services leaders say that low-code has helped them develop new applications to support their company post Brexit.
Shared e-scooter company Bird has announced it will spend $150 million on an expansion across Europe. European riders already account for nearly half of Bird rides globally, with people on average traveling more than 30 per cent longer on the company’s e-scooters during the pandemic.
Deliveroo has confirmed its plans to float on the London Stock Exchange and has announced it will sell approximately £1 billion worth of new shares. The listing is predicted to be the biggest in over seven years.
Bitcoin reached a record high of $61,781 (around £44,445) over the weekend, before dropping sharply on Monday. The surge came after US president Joe Biden signed off on a $1.9 trillion fiscal stimulus and ordered a speedier roll out of vaccinations.
Microsoft and Google have made their feud public as the tech giants face scrutiny over a hacking scandal and antitrust issues. The open dispute has largely been driven by pressure from regulators and governments over the power both companies have in the US, according to a report by Reuters.
More than 500 UK email servers could have been breached as part of global hacking campaign targeting Microsoft Exchange, cyber-security firm Eset told the BBC.
The surge of bitcoin price earlier this year could leave a carbon footprint the size of London’s, research has found. Dutch economist Alex de Vries, who created the Bitcoin Energy Consumption Index, revealed that the record-breaking rise of bitcoin value at the start of the year could see the network consuming as much energy as all data centres globally.
The equivalent of 1.4 million full-time UK jobs could be automated in the next year, according to a study by Faethm AI. This number represents 4.8 per cent of the work currently undertaken across the country.
Russian food retailer X5 Retail Group, Visa, and Russian bank Sber have joined forces to launch ‘pay-with-a-glance’ technology in stores. The technology is already available at check outs across 52 Perekrestok supermarkets.
Facebook has asked a federal court to dismiss antitrust cases filed by the US Trade Commission. The social media giant said that the commission had failed to show that the company had a monopoly or harmed consumers, according to a Reuters report.