British tech firm Nanoco plans to buyback half of its shares following Samsung settlement March 27, 2024 British nanotechn company Nanoco has swung to a profit after shipping its first commercial orders and settling a major lawsuit with Samsung.
London tech startup Oriole bags £10m seed funding for rapid AI training March 27, 2024 London tech startup Oriole Networks has secured £10m in a seed round to support its mission to speed up the training of AI models.
Out-of-pocket Bidstack investors vow to take action after execs buy AIM-listed firm out of administration March 27, 2024 Angry investors in AIM-listed Bidstack are preparing regulatory complaints and plotting legal action after the company’s top brass bought the firm out of administration.
Tiktok faces uncertainty in the US, but a UK ban seems unlikely March 27, 2024 As the United States moves to ban Tiktok, Jess Jones argues that a similar ban or forced sale of the popular short video clip platform in the UK is unlikely - for now.
Google owner Alphabet, Apple and Meta probed under sweeping new EU digital law March 25, 2024 The EU has opened investigations into Apple, Facebook owner Meta and Google owner Alphabet in the first probes under sweeping new tech legislation that could lead to heavy fines.
Bank of England embarks on ‘Kardashian-style spending spree’ as IT budget hits almost £100m March 20, 2024 704 IT staff shared a salary pot of £48.9m, making the average salary in the tech team a whopping £69,000-a-year.
Computacenter: Record year for London firm as large IT businesses splash out on tech March 20, 2024 Computacenter reported a seven per cent increase in revenue, reaching £6.9bn, while gross profit rose over 10 per cent to surpass £1bn.
Minister: Cyber brings ‘risks we can’t ignore’ with UK firms still vulnerable March 20, 2024 Three quarters of medium and large sized businesses were hit by a cyber attack in the past year, according to new government figures.
Microsoft: Tech giant makes splash by tapping Deepmind founder to run AI division March 19, 2024 Microsoft has hired the co-founder of Google’s Deepmind, Mustafa Suleyman, to head up its new Artificial Intelligence division, the technology firm said this evening.
Trustpilot swings to profit as monthly users soar March 19, 2024 Trustpilot has turned a profit of $7m (£6m) in its full financial year, swinging back from losses of $15m (£12.8m) in 2022.