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Improbable is developing a platform called SpatialOS that would enable third-party developers to create simulated and virtual worlds for use in games and massive-scale simulations of the real world. Mr Narula told The Times that the technology had already been used in video games, such as Worlds Adrift, which is set in a vast universe that is permanently changed by players’ actions. Government bodies in the UK had also expressed an interest in using it to manage and develop transport and power grid infrastructure by creating vast, realistic simulations of cities.
Improbable has received $502 million in a funding round led by the Japanese conglomerate Softbank. Existing investors in the company, Andreessen Horowitz, a Silicon Valley venture firm that backed Facebook, Twitter and Airbnb , and Horizons Ventures, from Hong Kong, are also putting up cash in a deal that puts an estimated value on the company of at least $1 billion.
Not a British investor in sight as they are risk averse. No interest from the City of London and no protection of innovative British companies by the government. The main UK office is in London, but there's also an office San Francisco. The money will be used to get more developers to develop the tech. I bet this heads to the US.
The deal comes less than a year after Softbank paid £24.3 billion for Arm, Britain’s largest technology company and a maker of chips that are used in almost every smartphone, tablet and wireless consumer device in the world. That deal was welcomed by the British government as a sign that Britain had lost “none of its allure” as a place to do business as a result of Brexit. The Tories don't get that selling your crown jewels to foreign investors over whom you have no control is no way to build an industrial strategy.
Rant over.
Remember, it's easier to criticise than create!
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I think the LibDems suggested this a few years ago, for subjects where we currently have a skills gap in the jobs market.
...or it could have been Ed Miliband...
...or David Miliband...
...or David Cassidy for all I know.
I clearly spend too many hours in the pub...
Flippant gag material for sure, but that's the root cause of the problem, not money. Whoever solves this gets my vote !
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:-)
Remember, it's easier to criticise than create!
Interesting:
this Government spreadsheet shows that only 1.7m were on higher rate tax in 1990
Now it's 4.7m
What change in perspective is it that's brought higher rate taxes to people in quite ordinary jobs?
So no positive discrimination on one hand but how would you get more men in primary schools without positive discrimination?
I'd like to add tax breaks (for employees and employers) for allowing working from home. Not huge ones, but enough to reduce traffic a bit.
The power of pupils is putting many men off as if a child accuses a teacher they are suspended and even if no action is taken it remains on your record. It's a problem in the US. There was a US YouTube video on how to get your teacher sacked.
Remember, it's easier to criticise than create!
If that were the case, it hasn't translated into a drop in male sports coaches despite numerous scandals. So blaming the press for a lack of male teachers is an assertion with zero backing to my mind.