UPDATED A £106 million package for projects developing green battery, vehicle and refuelling technology is to be unveiled today by the prime minister at the UK’s first ever Zero Emission Vehicle (ZEV) Summit. The central investment will be backed by a £500 million inward investment round from industry. Building on the government’s Road to Zero…
Meet Paysend’s global account, a new way to hold, spend and send money in multiple currencies using a mobile app and a card. It looks a lot like Revolut’s basic features. But the company is trying to provide a more focused and robust experience from day one. “We are quite different from both a technical…
Researchers at Carnegie Mellon University have created a method to turn one video into the style of another. While this might be a little unclear at first, take a look at the video below. In it, the researchers have taken an entire clip from John Oliver and made it look like Stephen Colbert said it.…
A stablecoin is a cryptocurrency pegged 1-to-1 with another “stable” currency. In most cases, these coins are pegged to the US dollar and, as such, allow for true transfers of actual fiat currencies between parties using the blockchain. If you’re nodding off right now thinking about this, I would posit that these moves, however minor…
If you had a cup of delicious coffee this morning, there’s a good chance those beans came from Colombia, which has famously been growing and selling them for centuries. But the country hasn’t produced any coffee makers — until now, anyway. The FrankOne is a clever device that puts a versatile vacuum-extraction technique in a…
PayPal, now with 19.5 million businesses and 250 million customers using its payment rails to sell and buy goods and services, is today taking the wraps off a new feature that it hopes will bring more transactions to its platform. The company is launching Funds Now, instant payouts to businesses using PayPal for their transactions.…
The battle-lines have been clearly drawn for several years now, but as the European Parliament vote on copyright reform in the EU looms tomorrow, both sides are bringing out the big guns. Speaking at a press conference today in the European Parliament, former Fugees founder and global music star, Wyclef Jean called on MEPs to…
Apple has removed almost all popular security apps offered by well-known cyber-security vendor Trend Micro from its official Mac App Store after they were caught stealing users’ sensitive data without their consent. The controversial apps in question include Dr Cleaner, Dr Cleaner Pro, Dr Antivirus, Dr Unarchiver, App Uninstall, Dr. Battery, and Duplicate Finder for…
Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology. Renesas produces microprocessor and circuits that power devices, and automotive is its core focus. It is second only to NXP…
Ravelin, the London-based company using machine learning to help e-commerce companies fight and predict the risk of fraud, has raised £8 million in Series B funding. The round is led by BlackFin Capital Partners, while existing investors Amadeus Capital Partners, Passion Capital, and Playfair Capital followed on. In a call with co-founder and CEO Martin…
