Spotify rises after smashing records just months after layoffs April 23, 2024 Spotify shares jumped over 12 per cent on Tuesday after it broke a profit record in its first quarter, surpassing one billion euros (£860m) for the first time.
Silicon maker Alphawave Semi reports lower royalty revenues on ‘accelerated transition away from China’ April 23, 2024 In the first quarter of 2024, Alphawave said royalties dropped 75 per cent year on year to $9m, reflecting its transition away from China.
RWS: Language tech firm bets on AI to boost growth as it forecasts drop in profit April 23, 2024 Language services group RWS Holdings is expecting a fall in profit as it bets on its artificial intelligence offerings to provide much-needed growth.
Videndum: Hollywood writers strike calls ‘cut’ on camera gizmo firm’s bottom line April 23, 2024 The 148 day-long strike is the second longest in the history of the Writers Guild of America
Regulator: Working with big tech including Google, Microsoft, Amazon, Apple and Meta is top priority April 22, 2024 If the FCA deems technology companies' data useful for finance, it will "incentivise" sharing through Open Banking.
Grindr faces lawsuit over alleged data breach involving users’ HIV status April 22, 2024 Gay dating app Grindr faces a lawsuit over an alleged major data breach, which involved users’ HIV status.
Made Tech shares jump 35 per cent as lucrative government contract announced April 22, 2024 Since 2019, data services firm Made Tech has won three major government contracts worth a combined total of around £12.6m.
Banks, retailers and tech giants dominate big blue-chip results week April 21, 2024 A slew of blue-chip results on both sides of the Atlantic will dominate the corporate news agenda this week, alongside key US economic data set to bolster the case for higher-for-longer interest rates.
Getir departure from UK market could put 1,500 jobs at risk April 21, 2024 Grocery delivery firm Getir is reportedly considering leaving the UK, putting as many as 1,500 jobs at risk.
Ocado faces investor calls to abandon London listing for New York April 21, 2024 Ocado has reportedly discussed with investors the possibility of moving its listing from London to New York in what would be yet another major blow to the capital's beleaguered bourse.