Tech News

At Prolific London, we take great amounts of pride in being able to report and provide some of the latest and most exciting news from the world of technology. There's forward-thinking startups harnessing the power of the internet, and legacy organisations moving rapidly into the modern age. It's fast-moving, and we're reporting from the very front.

Yesterday, Prolific London reported that Facebook saw a revenue increase of 28% in the second quarter of 2019. Now, two more internet giants, Google and Amazon, have reported ad revenue growths of 37% and 16% respectively.

Online property website Rightmove has reported a 10% rise in revenue and profits for the half year, but a sluggish UK property market has led to the number of agents it has using its site falling by 3%.

London-based machine learning start-up Futr. has secured £2.4m in seed funding, in a round led by VC firm Praetura Ventures.

Cypher, the London-based tech startup that produces creatively themed coding camps for children aged 5 to 14, has appointed former NatWest Accelerator Entrepreneur Development Manager Jodie Faitakis as COO.

In the face of increasing pressure from regulators and massive privacy fines, Facebook's fortunes have remained strong for the second quarter of the year.

London-listed Accesso, which provides virtual and online ticketing solutions and virtual queueing technology solutions to the hospitality industry, has put itself up for sale.

London-listed retail payments technology firm PayPoint reported a 3.6% rise in revenue thanks mainly to a new retail platform called PayPoint One

Cambridge Touch Technologies, the pressure sensing technology firm which was spun out of Cambridge University, said it has raised $10 million in its latest funding round.

Apple has filed a patent for a mixed reality headset that includes a range of sensors designed to track users' facial expressions.

Ticketpass has launched its ethical ticketing and event creation platform which, with its “Give Back 50” promise, pledges to donate 50% of all its booking fee revenues to charities across the world.


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