UK Infrastructure Bank to create 500 ‘highly skilled jobs’ with £60m investment into British chip company December 6, 2023 The UK Infrastructure Bank (UKIB) has announced it is ploughing £60m worth of equity into Pragmatic Semiconductor.
Musk eyes $1bn for startup xAI as he seeks to expand tech empire December 6, 2023 Musk is hoping to raise $1bn (£0.8bn) in equity for his artificial intelligence (AI) model xAI, according to the US securities regulator.
Open banking experts say current technology is just ‘tip of the iceberg’ December 5, 2023 Open banking is at a critical junction and the UK must capitalise on the head-start it already has, according to two industry experts.
Money Money Money: firm behind ABBA Voyage revenue soars thanks to new tech December 5, 2023 Oxford Metrics, the firm and technology behind London's hit ABBA Voyage show, has posted record revenue for its full year,
Moonpig: video and audio cards drive more orders December 5, 2023 Moonpig Group has said its technological innovations are driving more orders as customers now want audio and video cards.
Saudi-owned Champions League, obesity crisis and EU wealth tax: Danish bank’s ‘outrageous’ 2024 predictions December 5, 2023 Saxo Bank has published the latest in an annual series of "outrageous predictions" for next year, including a global Champions League owned by Saudi Arabia, a health crisis triggered by obesity drugs and a two per cent EU wealth tax.
One of the UK’s fastest growing fintechs says it will outpace Starling soon December 4, 2023 Some 10 months into the launch of digital bank Kroo, the founder reckons it will achieve profitability twice the speed of Starling Bank.
One third of tech giants under digital services tax faced investigations by HMRC December 4, 2023 One third of tech giants that pay the UK’s new digital services tax have already been subjected to checks by HMRC, says national law firm Pinsent Masons. The digital services tax was introduced at the 2020 Budget in a move to ensure tech giants pay their fair share of tax, as they would be charged [...]
William Hill owner rejected £700m takeover bid from Playtech December 3, 2023 The owner of betting giant William Hill reportedly rejected a £700m takeover offer from sports-betting software firm Playtech this summer.
These tech companies have breached the most data rules this year December 3, 2023 Big tech companies have breached their fair share of data rules this year and regulators have dished out penalties. Here are the largest ones.