Author: Scott Dylan
Scott Dylan is an accomplished entrepreneur, investor, and philanthropist, best known as the co-founder of Inc & Co and founder of NexaTech Ventures. With a focus on rescuing distressed businesses and supporting AI and tech startups, Scott’s expertise spans multiple sectors including technology, retail, and logistics. A passionate mental health advocate, drawing from his experience with Complex PTSD, Scott frequently writes about business transformation, AI integration, and leadership. Outside of work, he enjoys travelling, music, and spending time with his partner Gareth.
Steam has recently made a significant policy change by removing its forced arbitration clause from the subscriber agreement. This change now allows gamers to take legal action against Valve, the parent company of Steam.Previously, Steam’s user agreement stipulated that disputes were to be resolved through individual binding arbitration, preventing users from taking their issues to court. Arbitration often benefits companies over consumers, as it bypasses traditional legal processes.Steam has recently made a significant policy change by removing its forced arbitration clause from the subscriber agreement. This change now allows gamers to take legal action against Valve, the parent company of…
A wave of resignations has hit ScS as executive members depart following its recent acquisition by Italian owner Poltronesofà.Noteworthy figures such as commercial director James Heese and others have resigned, signalling a significant shift.The acquisition was completed last year for a substantial £99.4m, indicating major strategic changes.Multiple directors, including the CEO Steve Carson, had already stepped down during the summer.Departing executives are expected to remain with the company until January as they serve their notice periods.Senior executives have resigned “en masse” from ScS, correlating with transformative strides led by its new owner, Poltronesofà. Several sources familiar with the situation revealed…
Meta has unveiled their latest breakthrough in augmented reality: the Orion smart glasses. These glasses represent a significant leap forward in AR technology, signalling a future where digital and physical worlds seamlessly merge.While the Orion glasses are not yet available for purchase, their development highlights Meta’s commitment to advancing AR. These glasses were showcased at Meta Connect, alongside other innovative announcements, offering a glimpse into the future of augmented reality.The Orion Smart Glasses: A Glimpse into the FutureMeta’s Orion smart glasses are an impressive demonstration of what augmented reality can achieve. Although they are not yet commercially available, their capabilities…
Fenwick, a prominent player in the department store sector, has strategically enhanced its leadership team to navigate recent economic challenges.The company appointed Susan Gordon as Chief People Officer and Joseph Wright as Chief Trading Officer to drive growth and innovation.Despite a challenging environment, Fenwick aims to strengthen its business model and expand its omnichannel strategy both online and in-store.2023 financial results show a pre-tax loss of £28.4m, contrasting with the previous year’s £57.1m profit attributed to exceptional items.Key growth areas include its food and beverage department, with notable initiatives such as Bistro Greggs pop-up and partnership with Newcastle United.In a…
LG has partnered with Razer and MediaTek to introduce a groundbreaking Bluetooth gaming controller. This new innovation promises reduced input lag, making it ideal for cloud gaming.The controller utilises Ultra-Low Latency (ULL) technology, positioning it as a competitive alternative to wired controllers. Gamers can expect enhanced responsiveness and precision, potentially revolutionizing the gaming experience.Advancements in Bluetooth TechnologyThe collaboration between these tech giants has resulted in a controller that employs BT Ultra-Low Latency (ULL). This technology aims to minimise input lag, often a challenge with Bluetooth devices. The goal is to achieve responsiveness comparable to that of wired gamepads.During a demonstration…
A recent report highlighted concerns regarding UK supermarkets and their approach to antibiotic use in farming.The report by the Alliance to Save Our Antibiotics (ASOA) indicates significant gaps in adherence to new UK regulations.Many supermarkets have not extended antibiotic policies to all products beyond their own-brand lines.Marks & Spencer emerged as a leader, yet full transparency remains lacking even among top-ranked retailers.The findings raise concerns about consumer safety, particularly with imported foods.The Alliance to Save Our Antibiotics (ASOA) has conducted an illuminating study on the state of antibiotic use among UK supermarkets. This examination comes on the heels of new…
In a recent blind taste test, Aldi’s own-label baked beans have emerged as the top choice, surpassing several well-known brands.The evaluation was conducted by Which?, involving 66 consumers rating various baked bean brands based on several criteria.Aldi’s beans achieved the highest score, praised for their appearance, aroma, and flavour strength, with a texture deemed ‘just right’ by 80% of participants.Branston’s beans closely followed in the ranking, with high marks for the texture of its tomato sauce.Heinz, although popular for flavour strength, faced criticism for aroma and sauce texture.Aldi has topped a blind taste test conducted by consumer watchdog Which?, with…
The UK’s Competition and Markets Authority (CMA) has decided not to further investigate Amazon’s investment in AI firm Anthropic.The decision is based on the fact that Anthropic’s UK turnover does not exceed £70 million, avoiding the creation of a significant merger situation.Amazon’s investment in Anthropic totals $4 billion, with notable installments in 2023 and 2024.Under their partnership, Amazon provides AWS cloud services to Anthropic, granting it specific rights within the agreement.The CMA’s decision mirrors a prior ruling on a similar partnership involving Microsoft and Mistral AI.The UK Competition and Markets Authority (CMA) has concluded its inquiry into Amazon’s substantial investment…
Delli reports increased losses as new funding is sought, with founder support.Financial setbacks continue to challenge Delli’s business operations.2023 losses increased by over 80% from the previous year for Delli.Despite financial hurdles, Delli secured significant funding from existing backers.Delli’s strategy leverages lessons from the fashion industry to enhance growth.Losses at Delli have broadened significantly, as the independent food platform sought new financial resources to stabilise its cash reserves. The company, founded by Simon Beckerman—also the creator of Depop—recorded a £6.4 million loss in 2023. This represents an over 80% increase in losses compared to the prior year, highlighting the financial…
A notable increase in UK tech funding marks a 176% rise in a week.Constructive Bio secures Series A funding for genomic innovations.Battery tech pioneer Anaphite advances with substantial investment.Raycast enhances workflow management with new financial backing.UK startups attract attention from leading global investors.In a remarkable advancement for the UK’s tech sector, this week witnessed a 176% increase in investments, totalling £146.5m across 10 funding rounds. This significant growth underscores the vibrant momentum within the industry, fueled by diverse investment activities across various sectors.Cambridge-based Constructive Bio, operating within the biotech sphere, successfully closed a Series A funding round. Backed by notable…
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