Spirent: Another listed UK firm to go stateside after £1bn offer March 5, 2024 British telecoms testing services provider Spirent Communications has agreed to be sold to US tech firm Viavi in a deal valuing it at £1bn.
UK strikes science deal with Saudi Arabia as the kingdom grows its tech industry March 4, 2024 The UK has struck a science and research deal with Saudi Arabia in a bid to get its foot in the door of the fast growing oil-rich nation.
EU takes a bite out of Apple with £1.6bn antitrust fine March 4, 2024 The European Commission has fined Apple €1.84bn (1.57bn) for favouring its own music streaming app over rivals.
Matalan turns to AI in ‘retail first’ as it predicts productivity to quadruple March 4, 2024 Matalan launched a Generative AI (GenAI) tool in a "retail first" which it has said will lead to a quadrupling of productivity.
Lord Sugar buys back Amstrad brand name for new marketing agency led by grandson March 4, 2024 Lord Alan Sugar has bought back the rights to the household name Amstrad, 17 years after selling it to Sky, for a new digital marketing firm led by his grandson.
Elon Musk files lawsuit against OpenAI and Sam Altman amid regulator scrutiny over Microsoft March 1, 2024 Elon Musk has taken legal action against OpenAI and its chief executive, seeking to force it to return to its founding principles over profit.
Meta faces European complaints over ‘gargantuan’ data collection February 29, 2024 Consumer groups have criticised Meta's ad-free offerings, which they say leaves users with an “unfair ‘pay-or-consent’ choice” in the face of mass data collection.
Losses at Itim Group to beat market expectations as sales rise February 29, 2024 Technology company itim Group has said its pre-tax losses are anticipated to be ahead of market expectations when it announces its full results for 2023.
Ocado: Surging tech solutions growth drives sales for Sparks-linked online grocer February 29, 2024 Online grocery company Ocado has reported improved revenues driven by improvements in its retail and technology businesses.
Silverbullet slashes losses as switch to AI by global giants boost sales February 29, 2024 AI firm Silverbullet slashed its losses and saw its revenue surge during 2023 thanks to a major shift by global brands.