UK

The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London

Investment aims to persuade tech business to list in London as it gears up for IPO  —  The UK government will take a £25mn stake …

Sources: ElevenLabs seeks to raise hundreds of millions at a valuation of $11B, four months after a secondary share sale that valued it at $6.6B

Fundraising would transform company into UK's most highly valued AI start-up  —  ElevenLabs is in talks for new funding that would almost double …

Yield Sec: the top 10 pirate sports streaming sites in the UK, largely funded by ads from unlicensed gambling operators, had 1.6B views in H1 2025, up 33% YoY

Illegal sports streaming is surging in the UK, fueled by sites that are largely funded by advertising from unlicensed gambling operators …

Filings: X's UK revenue fell 58.3% YoY from £69.1M in 2023 to £28.9M in 2024; pre-tax profit fell from £8.5M in 2022 and £2.2M in 2023 to £767K in 2024

Elon Musk-owned site reports plunging profits amid outcry over use of AI tool Grok to create sexually explicit imagery

UK-based Pragmatic, a semiconductor startup that produces flexible integrated circuits, raised a $35M Series C extension, bringing the round's total to $125M

Chainalysis: American bitcoin traders made $4.1B in profits last year, 3x more than Chinese traders, followed by Japan, UK, Russia, and Germany

Snap says Snapchat now has 500M MAUs, reaches 90% of 13-24-year-olds in the US, UK, France, and Australia, and grew 100%+ YoY for the last 5 quarters in India

OnlyFans says its revenues rose 553% to £281M in the year to November and pre-tax profits rose from £6M to £53M, while transactions reached £1.7B

Profits surge at subscription platform known for sexual content as it branches into TVTweets:@martinsfpSee also MediagazerTweets:Martin Sfp Bryant /@martinsfp:OnlyFans transactions hit £1.7bn, “revenu...

UK's 5G spectrum auction raised only £1.36B, just above the £1.1B reserve price and a fraction of the £22.5B 3G auction in 2000

Filing: ByteDance says TikTok UK had sales of $20M in 2019, with a loss of $119.5M, driven by advertising and marketing expenses of $109M