The next Silicon Valley? Tech Nation to close after UK pulls funding
Traffic passes around the Old Street roundabout, also referred to as “Silicon Roundabout,” in the area known as “Tech City” in London, U.K. Chris Ratcliffe | Bloomberg | Getty Images Tech Nation, the U.K. startup accelerator program, is set to close its doors after failing…
Tech ‘down but by no means out’ — watch these stocks: Fund manager
It’s been a bad year for tech companies, as investors flee growth stocks in the face of rising interest rates and other headwinds. Growth stocks, such as Big Tech, were an investor favorite in an era of low rates. But this year, tech has been…
‘Recession-resistant’ cyber-security stocks with more than 60% upside
Frequent and increasingly sophisticated cyberattacks are costing companies millions every month. Businesses have responded by spending more on cybersecurity, which has meant new opportunities for a handful of tech firms in that sector, according to a Bank of America forecast. “We forecast a rise in…
London suffers IPO ‘drought’ as fund raising plunges by 90% this year
The City of London, the capital’s financial district, under a darkening sky. The number of firms listing in London fell by 67% in 2022. Richard Baker | In Pictures | Getty Images LONDON — Funds raised by companies listing in London plunged by more than…
