UK dials up the spin on data reform, claiming ‘simplified’ rules will drive ‘responsible’ data sharing

The U.K. government has announced a consultation on plans to shake up the national data protection regime, as it looks at how to diverge from European Union rules following Brexit. It’s also a year since the U.K. published a national data strategy in which said it wanted pandemic levels of data sharing to become Britain’s […]

Roku’s first original film continues NBC’s canceled series ‘Zoey’s Extraordinary Playlist’

Roku’s expansion into original content continues with news that the streaming platform and device maker will debut its first original feature-length film during the 2021 holiday season. In partnership with Lionsgate, Roku announced it will introduce a movie based on the Emmy-winning TV series “Zoey’s Extraordinary Playlist,” which will air on its free streaming hub, […]

Nuula raises $120M to build out a financial services ‘superapp’ aimed at SMBs

A Canadian startup called Nuula that is aiming to build a superapp to provide a range of financial services to small and medium businesses has closed $120 million of funding, money that it will use to fuel the launch of its app and first product, a line of credit for its users. The money is […]

Two UK tech figures plan to row the Atlantic for charity supporting minority entrepreneurs

Two UK tech figures are to row across the Atlantic Ocean to raise money for a charity that funds social entrepreneurs from minority backgrounds. Guy Rigby, founder and now Chair of the Entrepreneurial Services Group at Smith & Williamson, and entrepreneur, investor David Murray will raise money for UnLtd which has supported over 15,000 social […]

‘Thin file’ loans startup Koyo closes $50M Series A led by Force Over Mass

Koyo, a fintech startup using open banking to offer loans to people with poor credit histories, has closed a Series A funding round of $50m in debt and equity led by Force Over Mass, with participation from existing investors Forward Partners, Frontline Ventures and Seedcamp. New investors in Koyo include Force Over Mass, Matt Robinson […]

UK offers cash for CSAM detection tech targeted at E2E encryption

The U.K. government is preparing to spend over half a million dollars to encourage the development of detection technologies for child sexual exploitation material (CSAM) that can be bolted on to end-to-end encrypted messaging platforms to scan for the illegal material, as part of its ongoing policy push around internet and child safety. In a […]

UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance

Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates — is announcing a milestone […]

Driven by livestreams, consumer spending in social apps to hit $17.2B in 2025

The livestreaming boom is driving a significant uptick in the creator economy, as a new forecast estimates consumers will spend $6.78 billion in social apps in 2021. That figure will grow to $17.2 billion annually by 2025, according to data from mobile data firm App Annie, which notes the upward trend represents a five-year compound […]

Women’s health tech brand, Elvie, tops up Series C to $97M

Elvie, the women’s health tech pioneer behind a connected breast pump and smart pelvic floor exerciser, has topped up a Series C which it announced earlier this summer (July) — adding a further £12.7m to bring the total raised to £70 million ($97m). The 2013-founded, UK-based startup previously raised a $42M Series B in 2019, and […]

After years of inaction against adtech, UK’s ICO calls for browser-level controls to fix ‘cookie fatigue’

In the latest quasi-throwback toward ‘do not track‘, the UK’s data protection chief has come out in favor of a browser- and/or device-level setting to allow Internet users to set “lasting” cookie preferences — suggesting this as a fix for the barrage of consent pop-ups that continues to infest websites in the region. European web […]