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Technology & Media

Wise co-founder Hinrikus partners for €250 million tech fund

Plural will benefit from ‘scar tissue’ built by digital start-up luminaries


Bitcoin crashes further as crypto market losses top £300 billion

The crash has now wiped over £300 billion from the combined value of crypto assets


London tech funding more than double Paris since January

Over 950 UK tech companies raised a combined £12.4 billion since the start of 2022


Bitcoin drops to lowest level since December 2020

Almost $80 billion has been wiped off the value of the global cryptocurrency market in the past 24 hours


Dog track is gone but White City is racing ahead

The former home of the BBC is rapidly becoming a London tech hub


Blair’s son on way to billionaire status as firm worth £1.35 billion

Multiverse’s new funding round doubles its previous valuation of £700 million only eight months ago


London needs another wave of innovation like the post-2008 boom

The financial crisis birthed a generation of fintech innovators — what will the Covid crisis bring?


THG shares rocket as Nick Candy circles and separate bid rejected

The e-commerce company rejected a ‘highly preliminary’ 170p-a-share bid from Belerion Capital Group and King Street Capital Management but analysts think THG will continue to be a takeover target


Elon Musk ‘still committed’ to Twitter deal despite ‘on hold’ comment

The Tesla billionaire said the deal paused was ‘pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users’


Deliveroo GMB deal dubbed ‘cynical backroom deal’

As part of the agreement, Deliveroo will recognise GMB as sole trade union for its riders.


Can Netflix get its magic back?

The streaming service has seen billions wiped off its value after posting its first fall in subscribers for a decade. Can CEO Reed Hastings get it back on the right track?


Hedge fund boss Bill Ackman takes £300m hit dumping Netflix stake

Film streaming company had said it lost 200,000 subscribers in the first three months of the year


Musk promises ‘robotaxis’ by 2024 as Tesla posts record results

Sales jumped 81% to reach $18.8 billion in the first quarter, while net profits climbed over 600% to $3.3 billion