Medical tech firm Sensyne set to axe 80 staff in scramble to stay afloat April 26, 2022 London-listed medical tech firm Sensyne is set to axe two thirds of its workforce after being rescued from the brink of collapse earlier this month.
UK tech special: The rocky but unstoppable rise in startup valuations January 30, 2022 The accelerated growth of startup valuations has sparked debate around the world, particularly in the markets where this has been reflected in the most significant raises and the speediest unicorns. Despite ongoing pandemic uncertainty, a quarter of the UK’s 116 unicorn tech companies became unicorns during 2021. Investment climbed significantly, up to £26bn in 2021 [...]
Microsoft and Google: Results show a cautious market reaction to AI spending January 31, 2024 Microsoft and Google both reported strong quarterly earnings today but the tech giants failed to satisfy the market.
Apple UK iOS economy supports 440,000 tech jobs across the country May 25, 2022 Apple announced that the UK iOS app economy has posted record growth in 2021, supporting more than 440,000 jobs. Not only is this a boost of 21 per cent compared to 2020 levels, but it also makes the makes the UK the leading provider of iOS app economy jobs in Europe. Indeed, the number of smaller UK [...]
Mixed reviews for Sky Glass as high-tech TV suffers recording issues March 29, 2022 Sky Glass continues to have a rather rocky rollout, with users complaining that the flashy new TV’s playback feature is faulty. Problems were first reported back in November, with UK early adopters recording screen flickering and recording problems on their devices. “When watching anything I keep getting distracted by the occasional flash/blink in the top [...]
Chinese tech giant Tencent snaps up stake in business finance firm Previse April 22, 2022 Chinese tech giant Tencent has snapped up a stake in London business finance firm Previse as it accelerates its push into UK fintech.
Crypto markets continue to look flat amid disappointing earnings season for tech giants April 28, 2022 Bitcoin is currently changing hands for around $39,700 – up by more than two per cent over the past 24 hours.
Tech giants prefer fines to compliance says EU’s Margrethe Vestager February 23, 2022 Some tech giants may prefer to pay a fine rather than comply, said the European Union's antitrust chief, citing Apple's recent battle with the Dutch courts.
Marks & Spencer pushes further into tech as high street giant extends 15-year old pact with Flooid July 18, 2022 UK high street retailer Marks & Spencer confirmed this morning it has extended its agreement with Flooid for the provision of store point-of-sale and unified commerce platform basket services for up to another five years. Flooid, formerly PCMS Group, agreed with Marks & Spencer in 2007 to supply software to run point-of-sale and self-checkouts across [...]
Volkswagen Touareg eHybrid review: Power to the people April 17, 2024 Tim Pitt drives the 2024 Volkswagen Touareg, a large SUV with plug-in hybrid tech and a premium price tag.