Microsoft is planning to give away $1 billion (£700 million) worth of the company’s cloud computing services to non-profit organisations and university researchers.
Chinese tech and investment group, Cocoon Networks, is launching a £500 million London-based venture capital fund aimed at investing UK and European tech startups.
A quarter of Brits are planning to embark on a ‘digital detox’ this year, by reducing their use of social media and mobile devices, according to research commissioned by digital marketing agency Greenlight.
The UK’s technology sector is continuing to attract record levels of venture capital funding, with companies raising more than $3.6 billion in 2015, according to figures compiled by London & Partners, the Mayor of London’s promotional company.
The UK is a world leader in the e-commerce space, Google boss Eric Schmidt has said.