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Supercomputer company Cray has been awarded a contract to provide the Met Office in the United Kingdom with multiple XC supercomputers and Sonexion storage systems. The contract consists of three phases spanning multiple years, and is valued at $128 million. It is also the largest supercomputer contract ever for Cray outside of the United States, says the company. The supercomputer from Cray will be 13 times more powerful than the current system used by the Met Office and will have 120,000 times more memory than a top-end smartphone, says the Met Office. The supercomputer, which will be based at the Met Office and Exeter Science Park, will be able to perform more than 16,000 trillion calculations per second, and at 140 tonnes, will weigh the equivalent of 11 double...
Amazon is hiring a staff of about 1,000 in the UK. The staff will not be on its list of seasonal workers, but on the company's permanent payroll. The retail giant is Britain's biggest online retailer, and employs roughly 6,000 people in its warehouses. According to a report by Sean Farrell at The Guardian, Amazon permanent employees get £7.39 an hour on an average, and can earn about £8.90 an hour after two years.
Cambridge UK-based design studio Dovetailed has developed a 3D printer that can print edible fruit. The company is using spherification at the backend, which is a molecular gastronomy technique that can turn liquids into spheres.
Britain's Prince Harry send out his first tweet on Thursday, sending a message on Twitter supporting the upcoming Paralympic-style games for injured and sick servicemen and women. He was attending a press event at the top of London’s BT Tower. Hope everyone will get behind #invictusgames. Great opportunity to support and thank the men and women who have given so much. Harry — Invictus Games 2014 (@InvictusLondon) May 15, 2014 The tweet was followed by a Twitter Q&A with athletes hoping to take part in the games. Inspired by the Warrior Games in the US, Invictus London will take place from 10-14 September at London’s Queen Elizabeth Olympic Park, with more than 300 wounded, injured and sick Servicemen taking part.
Salesforce says it plans to open new data centers in U.K., France and Germany. The company also plans to add more than 500 new jobs across Europe during its fiscal year 2015. Salesforce is expected to open the first data center in the U.K. in August 2014, with additional data centers to open in France and Germany in 2015.
Google is buying artificial intelligence company DeepMind for a reported $400 million. Founded by Demis Hassabis, Shane Legg and Mustafa Suleyman, DeepMind is based in London. DeepMind combines techniques from machine learning and systems neuroscience to build general-purpose learning algorithms, according to its corporate website. The company says it is supported by some of the most iconic technology entrepreneurs and investors of the past decade. The report of the acquisition was first covered by Liz Gannes of Re/code.
Renowned mathematician Dr Alan Turing, the man behind the hypothetical Turing Machine and referred to as the 'father of computing', was granted a posthumous pardon under the Royal Prerogative of Mercy by the Queen of England, on Christmas eve. Dr. Turing was also pivotal in breaking the ‘Enigma’ code, arguably shortening the Second World War by at least two years. David Cameron (Prime Minister, UK): Alan Turing was a remarkable man who played a key role in saving this country in World War 2 by cracking the German enigma code. His action saved countless lives. He also left a remarkable national legacy through his substantial scientific achievements, often being referred to as the ‘father of modern computing’. Dr Turing was convicted in 1952 for homosexual activity which was...
ARM has acquired Geomerics, a software company based in Cambridge, UK, that specialises in creating lighting technology for the video game industry. The terms of the deal were not disclosed.
Programmatic digital media marketplace Exchange Lab has raised $8 million in funding from UK growth capital provider, Business Growth Fund (BGF). BGF is an independent investment company backed by Barclays, HSBC, Lloyds, RBS, and Standard Chartered. The Exchange Lab delivers campaigns across digital display, video, social media, and mobile channels, evaluating a billion audience interactions daily, according to the company. Current clients include Omnicom, Aegis and WPP as well as Weight Watchers, Sky and Ford in Europe and McDonald's, Mazda and Dell in North America.
PGi has acquired Via-Vox, trading under the name Powwownow, an European conferencing and collaboration provider focused on small and midsize businesses. The transaction was worth roughly $52.6 million. PGi funded the purchase through its credit facility and cash and equivalents on hand. Powwownow serves approximately 240,000 active users in the U.K., France and Germany and has a current projected annual revenue run rate of approximately $22 million, according to PGi.
U.K.-based startup DataSift has secured $42 million in Series C financing led by Insight Venture Partners, with participation from existing investors Scale Venture Partners, Upfront Ventures, IA Ventures, Northgate Capital, Daher Capital and Cendana Capital. Insight Venture Partners co-founder and managing director Jeff Horing is joining the DataSift board of directors. DataSift now powers over 1,000 corporate customers across 40 countries including Bloomberg, Dow Jones, CBS Interactive, Dell, Marketwired, and HootSuite, among others, according to the company. DataSift offers social analytics and insights from the billions of public social conversations on Twitter and other social networks, and includes both real-time and historical social data. The latest investment brings the company's total funding to roughly $70 million.
BT has launched a virtual Chief Security Officer (vCSO), a new managed service that provides development, management and operation of an enterprise information security team. The vCSO service is a flexible delivery model that can be tailored to fit the needs of each company. The service is available on both a project basis for specific security initiatives, including emergency scenarios, as well as an on-going retainer for more long-term support.
IBM has acquired Daeja Image Systems, a privately held software company with headquarters in Milton Keynes, UK. Financial terms of the deal were not disclosed. Daeja technology makes it easier to view very large files. An insurance agent, for example, can view car accident photos and images off-site to speed up the claims review process. Or a physician can review a patient’s detailed charts or x-rays for more timely diagnosis and treatment. Through partnering with IBM and other companies, Daeja technology is used by more than 4,000 clients, says IBM. IBM intends to incorporate Daeja into its Software Group and its Enterprise Content Management (ECM) business. Upload: 09-27-13
A study by SAS recently found that nearly 95 percent of UK consumers have at least one loyalty card. Most use them regularly. SAS and retail research company Conlumino surveyed 2,109 consumers and 100 UK retailers. More than 40 percent of the consumers said they are less likely to do business with a retailer lacking a loyalty program. The research also found that 80 percent of consumers believe engaging with a brand emotionally influences their likelihood of making a purchase. According to the report, retailers that invested in customer loyalty programs – like Tesco, Boots UK, Marks & Spencer and Sainsbury’s – show the highest emotional connection with consumers. Tesco came out on top. With 16 million active participants, Tesco uses information obtained by consumer loyalty card...
More than a million British kids get their first mobile phone by the time they’re five years old, according to research from UK-based price comparison site uSwitch.com. According to the study, the typical British child gets their first handset by the age of 12, costing just £125 on average, which is a little more than half of what parents spend on their own mobile devices. When shopping for handsets, parents will spend £246 on themselves, while they’ll pay an average £125 on their kids’ phones – enough to cover the cost of an entry-level smartphone like the Samsung Galaxy Ace or BlackBerry Curve 9320, according to the study. 15% of kids under 16 have mobiles worth more than their parents’. SIM-free handsets above the £245 mark...