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Tech

  • YouGov shares tank 35 per cent after it lowers forecasts

    June 20, 2024

    Sales in its data products division were still slow and its fast-turnaround research services are declining.

  • Nvidia overthrows Microsoft and Apple as world’s most valuable company

    June 19, 2024

    New York's Nasdaq exchange, where Nvidia is listed, has also surged 21 per cent year to date to a record high.

  • FTSE 100 giant Vodafone raises £1.4bn from Indus Towers stake sale to pay debt

    June 19, 2024

    Vodafone is still waiting to hear back from the competition regulator about whether its proposal to merge its UK operations with those of Three can go ahead.

  • UK tech diversity body to shutter as sector faces ‘going backwards’

    June 18, 2024

    A UK government-funded body working to increase diversity in the tech sector has decided to close despite saying there is a "real risk of going backward".

  • Advanced Energy pulls out of XP Power pursuit

    June 18, 2024

    US semiconductor firm Advanced Energy is no longer pursuing a deal for XP Power after it had three informal approaches rejected by the Singapore competitor.

  • Recruitment firm SThree posts drop in fees as tech giants slash jobs

    June 18, 2024

    London-listed recruitment firm SThree has posted a drop in fees amid a "challenging backdrop" and mass global layoffs across the technology industry.

  • Cambridge tech startup backed by ‘Godfather of AI’ raises £24m

    June 18, 2024

    A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding. 

  • Aoti: US healthcare firm raises £35m in London IPO

    June 18, 2024

    US healthcare group Aoti has raised £35.1m from its initial public offering (IPO) on London's AIM sub-market, which it said will give it a market capitalisation of roughly £140m.

  • Debts, disputes and a ‘shadow CEO’: The curious case of Truspine

    June 18, 2024

    Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. City A.M. takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors

  • Tesla, Google, Microsoft and Tiktok push tech layoffs total to nearly 100,000 this year

    June 17, 2024

    A total of 326 tech companies have laid off more than 98,000 employees so far this year, according to online tracker layoffs.fyi.

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