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Tech

  • Vodafone vows to boost competition in new network deal with Virgin Media O2

    July 3, 2024

    Vodafone and Virgin Media O2 have struck a new network agreement as the firms looks to reassure regulators of competition concerns in the telecoms sector.

  • Merck Mercuriadis to step down as chair of Hipgnosis Song Management

    July 2, 2024

    Merck Mercuriadis is to step down as chair of Blackstone-owned Hipgnosis Song Management (HSM) as the private equity giant vies to acquire the music catalogue it manages.

  • Oscar-winner DNEG lands $2bn-plus valuation after Abu Dhabi fundraising

    July 2, 2024

    Oscar-winning UK movie tech firm DNEG Group has achieved a valuation of more than $2bn (£1.6bn) after an Abu Dhabi-backed fundraising to support expansion into producing its own films and games.

  • Rupert Murdoch’s Fox to roll out free Tubi streaming service in UK to rival Disney+ and Netflix

    July 2, 2024

    Rupert Murdoch’s Fox Corporation is set to launch its ad-supported free streaming service, Tubi, in the UK.

  • What3words: Mercedes-backed tech firm still in the red despite slashing loss in half

    June 28, 2024

    What3words, a tech company backed by ITV, Mercedes and former F1 champion Nico Rosberg, has slashed its loss almost in half thanks to a slowdown in acquisitions among its customers.

  • Guild Esports: Beckham-backed gaming group slashes costs as revenue dips

    June 28, 2024

    The David Beckham-backed gaming company Guild Esports has cut its pre-tax loss after slashing its costs amid a "challenging macroeconomic environment" for the company, according to a newly filed half-year report.

  • Healthy revenue increase for One Media iP as it continues to invest in copyright tool

    June 28, 2024

    Listed One Media iP, which specialises in music royalties, has reported positive figures all-round for its first six-month results of 2024.

  • London-listed Keywords Studio receives revised cash offer from private equity giant

    June 28, 2024

    The video game services company Keywords Studios said it would be "minded" to accept a revised cash offer from Swedish private equity giant EQT Partners if it makes an official bid.

  • Tech firm Checkit abandons takeover pursuit of AIM-listed Crimson Tide

    June 26, 2024

    Checkit is now unable to submit another takeover proposal for six months. It had previously attempted to engage in discussions with Crimson multiple times over the last four years.

  • Microsoft breached EU rules with ‘possibly abusive’ move bundling Teams with Office suite

    June 25, 2024

    Microsoft violated European Union competition rules with “possibly abusive” practices by tying its Teams messaging and videoconferencing app to its widely used business software, the bloc has said. The European Commission said on Monday that it has informed Microsoft of its preliminary view that the US tech giant has been “restricting competition” by bundling Teams [...]

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