News That Matters

Tag: backing

Learning People attracts new backing from Talis

Learning People attracts new backing from Talis

Business
One of London's leading backers of technology start-ups is leading a multimillion pound investment in Learning People, an online training company which its backers believes is well-placed to capitalise on the explosion in corporate demand for cybersecurity advice. Sky News understands that Talis Capital, which is a shareholder‎ in businesses including Darktrace and Iwoca, will announce this week a fresh commitment to Learning People.‎The online training‎ group and its subsidiary, Skillsfox, will also unveil the appointment to their advisory boards of Tony Glass, former boss of the European operations of Skillsoft, a similar company sold to the buyout firm Charterhouse for $ 2bn‎.‎Talis's new backing for Learning People will follow an initial in...
Trump flies home to storm after backing Putin over FBI

Trump flies home to storm after backing Putin over FBI

World
Donald Trump is heading back to the US and into a furious storm of controversy after suggesting he trusts Vladimir Putin over his own intelligence services. US investigators believe Russian hackers and propaganda experts interfered in the 2016 election, in which Mr Trump beat Democrat Hillary Clinton.But in a joint news conference with the Russian leader, Mr Trump told reporters: "I have great confidence in my intelligence people but I will tell you that President Putin was extremely strong and powerful in his denial today."His comments have been strongly criticised by a long list of senior American political figures, including many from his own party who have expressed their disgust. Some have called his comments "thoughtless", others have condemned them as "shameful" - ...
Backing Big Brother: Investors are pouring into Chinese facial recognition firms

Backing Big Brother: Investors are pouring into Chinese facial recognition firms

Finance
Buoyed by China's plans to build a ubiquitous CCTV surveillance network, Chinese and some foreign investors are pouring money into start-up technology firms that specialize in facial recognition software.At stake for firms such as SenseTime Group, Face++ and DeepGlint, is a multi-billion dollar global public and private market for facial recognition technology that can quickly identify individuals by measuring major elements of their faces, such as the distance between the eyes and the curve of the cheekbones.With the use of artificial intelligence (AI) the technology can recognise and track those wanted by the authorities by seeking a match from a database of photographs. In the commercial world it can be used for security at homes, workplaces and ATM machines, and as a part of payments s...
Catalan leader criticises EU for backing 'coup'

Catalan leader criticises EU for backing 'coup'

World
The disputed president of Catalonia has told a crowd of 200 mayors from the region that he will "defeat at the ballot box the Spanish government’s repression" of the region's wish for independence. In his first public appearance since he was called before a Belgian judge at the weekend to answer an arrest warrant issue by Spain, Carles Puigdemont accused Spain of a "coup d'etat" in Catalonia."Thank you for your commitment to democracy... people are wondering why Europe doesn't intervene in the face of a coup d'etat in Catalonia," the ousted leader said.Defending the illegal referendum of 1 October, which sparked the crisis, he said Catalonia "has one path to becoming a republic via democracy".:: Catalonia: What next for Carles Puigdemont?Video:Voices of Catalonia on independenceThe mayors,