Apple cut at least 600 employees when it ditched its car project April 5, 2024 Apple's layoffs affected employees across various California addresses, with most from sites linked to the company's now-defunct car unit dubbed Project Titan.
Samsung profit to skyrocket by 931 per cent as chip recovery in sight April 5, 2024 It will be Samsung's most successful quarter since 2022 as sales also climbed to 71t won, up 11.4 per cent from a year earlier.
Amazon, Dell, Google and Microsoft: Nearly 60,000 tech layoffs so far in 2024 and ‘more pain to come’ April 4, 2024 The tsunami of tech layoffs which plagued much of 2023 has continued to hit companies of all sizes this year.
Post Office scandal: Leaked recordings reveal bosses knew Fujitsu meddled with postmaster Horizon accounts April 4, 2024 Forensic accountants discovered direct instructions from the Post Office to Fujitsu, instructing the alteration of sub-postmaster accounts.
Spotify exec: The UK must break Apple’s stranglehold on new tech April 4, 2024 Apple's anticompetetive conduct is holding consumer choice in a stranglehold. The Digital Markets Bill has the power to break it.
Shearwater: London cyber security firm misses forecasts while waiting on big contracts April 3, 2024 Shearwater Group, a cyber security firm based in London, has reported a decline in its full year revenue, missing expectations by £10m.
Tesla misses delivery targets by over 60,000 cars as growth grinds to a halt April 2, 2024 Tesla missed the consensus Wall Street estimate of 449,080 deliveries by more than 62,000, its largest margin to date.
London legal AI firm Luminance secures £32m funding in US expansion push April 2, 2024 Luminance’s proprietary legal AI model automates the negotiation of contracts and other legal documents to speed up a lengthy process.
Ad agency Mission in line with lowered expectations amid turnaround plan April 2, 2024 Advertising agency firm Mission Group said it traded in line with lowered expectations outlined late last year, as it steams ahead with its turnaround plan
Insig AI: UK tech company reports ‘frustrating’ drop in revenue on contract delays April 2, 2024 Insig AI said two license contracts worth a combined total of £1m failed to close before the end of 2024 and their closure is not guaranteed.