News
Chinese AI-powered robot Xiaoyi took the country's medical licensing examinations and passed, according to local reports. Xiaoyi is just one example of how much China is keen on using AI to make a number of industries more efficient.
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Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, is assembling quite an array of backers, many with a U.S. bent.
It’s most recent round, which gave the startup a £280 million post-money valuation, saw the likes of Goodwater Capital, Stripe, and Michael Moritz invest, and before that Thrive Capital became a backer. Now TechCrunch has learned that we can add Instagram co-founder Kevin Systrom to the list of U.S. investors.
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I caught up with Anthony Rose, co-founder of SeedLegals, winner of ‘Best in FinTech‘ at UKTN‘s hotly contested Elevator Pitch LIVE 2017.
Fundraising platform SeedLegals,currently employs 10 people and raised £1m to date from investors including Seedcamp, Fieldfisher, Harry Briggs and Will Neale.
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Deliveroo has raised an additional $98m as part of a Series F round first announced in September.
The on-demand delivery startup made headlines a couple of months ago when it disclosed that it had raised a £285m ($385m) from investors including Fidelity and T Rowe Price.
Other investors who participated in the round include DST Global, General Catalyst, Index Ventures and Accel Partners.
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Marks & Spencer has been usurped by online rival Asos in what has been described as the high street’s “Tesla moment” as old retailing stalwarts get overtaken by new online rivals.
The 17-year-old fashion website has been biting at M&S’s heels for several months but on Friday its shares gained 2%, boosting its market value to £4.89bn, making it a more valuable business than the 133-year-old high street giant, now worth £4.88bn, according to Reuters data revealing the number of shares in issue.
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The Deloitte Technology Fast 50 is one of the UK's foremost technology award programmes. It is a ranking of the country's 50 fastest growing technology companies, based on revenue growth over the last four years.
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For the first time this holiday season, Calvin Klein will sell new underwear exclusively on Amazon, rather than in department stores. But while this looks like a smart move for the underwear maker, it’s not a strategy all brands should follow.
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Online luxury fashion retailer Farfetch sold over half a billion pounds worth of good across its platform last year, new accounts show.
Gross merchandise value, which measures the value of all goods sold, rose by 81% to £547.9 million in 2016, according to accounts filed with Companies House. Revenue rose by 74% to £151.3 million, while losses rose by 18% to £34 million.
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Whole Foods Market just offered customers a revealing "sneak preview" of what its Amazon Prime Rewards program will look like.
On Wednesday, the grocery chain released a new list of price cuts. While turkey will now cost less for all Whole Foods customers, Amazon Prime members will receive an additional 20% off.
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Amazon is preparing to launch Amazon Go, an ambitious and experimental retail concept that uses sensors and other technology, not cashiers, to identify and automatically charge customers.
For the past year, Amazon employees have been testing, and trying to trick, the technology in its 1,800-square foot shop Amazon Go store in downtown Seattle. Now, the tech is apparently close to being ready for the public, Bloomberg reported. For example, employees dressed up in bright yellow Pikachu costumes to try and fool sensors and cameras that identify when someone is trying to buy products at an Amazon Go marketplace. Amazon’s tech wasn’t fooled.
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