British tech tycoon Mike Lynch facing extradition to US loses appeal bid April 21, 2023 A British technology tycoon facing extradition to the United States has lost an appeal bid. Two judges finished considering Mike Lynch’s challenge at a High Court hearing in London on Thursday. Lord Justice Lewis and Mr Justice Julian Knowles ruled against him on Friday. They had heard how then-home secretary, Priti Patel, approved Dr Lynch’s extradition to the US, [...]
How the Internet of Things is taking tech into the future September 13, 2022 IoT’s importance as a technology trend this year and into the future is the role it plays in the successes of other technologies.
Share price plummets: Sorrell’s S4 Capital downgrades outlook as tech slowdown bruises ads market September 18, 2023 Shares in Sir Martin Sorrell’s S4 Capital plunged as much as 27 per cent at market open after it reported a mix bag of updates for the first half of 2023, with a strong technology division failing to make up for a slow ads market elsewhere in the business. The firm reported an operating loss [...]
Boss of Newport Wafer Fab’s Chinese owner convicted for stealing tech secrets February 26, 2023 The boss of the Chinese company that owns Britain’s largest semiconductor factory was handed a jail sentence over allegations he stole trade secrets, it has been revealed. Zhang Xuezheng, the founder of Wingtech, was sentenced to 17 months in jail and fined in 2005 for buying trade secrets from ZTE, his old employer, The Sunday [...]
Energy storage: UK puts faith in tech to harness the renewable revolution January 17, 2023 The UK is turning to technology to meet its energy needs as renewables' role in the domestic energy mix continues to grow.
Bain & Co snaps up London tech consultancy Enterprise Blueprints January 12, 2023 Bain & Co has acquired London consultancy Enterprise Blueprints as pushes forwards with efforts to bolster its tech advice offerings, City A.M. can exclusively reveal. The Boston consultancy’s deal for an undisclosed sum comes as the world’s top professional firms have sought to profit on the global push to digitalise the economy by selling advice [...]
Tech Nation in talks with Brent Hoberman’s Founders Forum as wind-down date looms March 28, 2023 Start-up quango Tech Nation said it is in talks to sell its brand to Brent Hoberman’s Founders Forum today as it prepares to wind down at the end of this month.
So you want to be a tech superpower? Put your money where your mouth is March 27, 2023 Last week, the Government published a roadmap for reaching tech superpower status by 2030. At the heart of this strategy must be addressing the funding gap which is impeding innovative businesses from scaling up and growing. Tech is an area where the UK already has so many competitive strengths not just in London but across [...]
Amazon to slash 10,000 corporate and tech jobs – reports November 14, 2022 E-commerce behemoth Amazon is mulling laying off around 10,000 people, it has been reported, amid a torrid slew of tech lay-offs last week. According to a report in The New York Times, redundancies for corporate and technology roles could begin as early as this week, people with knowledge of the matter said. This would mark [...]
Exclusive: London beats European cities to continental tech crown November 22, 2022 London is the most technologically advanced city in Europe, beating Paris, Frankfurt and Madrid, exclusive research shared with City A.M. unveils. The capital’s capacity for world class innovation drove it to the top of the continental rankings in Z/Yen’s sixth smart cities index. New York topped the global rankings, again. The Square Mile’s banks, brokers [...]