Arm: Chip firm expecting to close IPO at top of $50bn-plus range September 11, 2023 British chip designer Arm is reportedly set to hit the upper range of its valuation target as the year's biggest IPO creeps towards completion.
Wandisco loses out on bookings as it tries to swivel fortunes with rebrand September 11, 2023 Wandisco – soon to be known as Cirata – has reported a loss in bookings for the first half of the year after the company has battled off crisis after crisis. Shares in the scandal stricken company plunged nearly eight per cent at market open on Monday morning after it said bookings – the total [...]
Qatari’s £4bn climate tech plans shows UK’s appeal – but there’s more to do, think tank warns September 11, 2023 A £4bn Qatari splurge on UK climate tech could boost the UK’s green ambitions, but Sunak must get the policy right, a think tank has warned.
Vodafone boss: Social media’s a good thing – it tells us what’s happening September 11, 2023 Vodafone's UK boss on immediate feedback, the merger with Three, and his cycling summer holiday
London Underground’s Central Line just got better with 5G between Oxford Circus and Tottenham Court Road September 8, 2023 It will now be easier to play Minecraft and scroll Instagram on the tube as some parts of London’s West End underground are set to receive a connectivity boost from mobile providers. Oxford Circus and Tottenham Court Road stations, both on the Central Line, are the first stations in the West End flurry of theatres, [...]
Meet the AI startup getting ahead of regulation and artist copyright protection September 7, 2023 Amid the ongoing legal knots and evolving regulations surrounding generative artificial intelligence (AI), businesses would be right to be concerned about infringing copyright laws. AI image generators have been the subject of much backlash, with accusations of scraping material from artists landing them in murky legal territory. Earlier this year, several visual artists filed a [...]
Online Safety Bill: Tech bosses slam fresh government statement September 7, 2023 The UK government has denied its stance on the controversial Online Safety Bill has changed despite admitting that the technology to access messages without compromising user privacy does not currently exist. The bill has come under intense scrutiny from tech companies as it seeks to override encryption to scan online messages sent in the UK [...]
Google faces £7bn UK legal claim over anti-competitive search engine practices September 7, 2023 Google is the subject of a new multibillion-pound legal claim in the UK which accuses the tech giant of shutting out competition in mobile search and driving up prices for consumers as a result. The claim, filed with the Competition Appeal Tribunal, is seeking around £7 billion in damages for UK consumers. It accuses the [...]
M&G injects £31m into holographic car display firm Envisics September 7, 2023 Global investor M&G has given a $40m (£31.9m) boost to Envisics, an augmented reality firm, to help grow their holographic car displays.
Brexit: Sunak closing in on UK rejoining EU Horizon science scheme September 6, 2023 Rishi Sunak appears set to announce that the UK will rejoin the European Union’s £85bn Horizon science research programme. Sources familiar with the negotiations between the two sides said on Wednesday that the Prime Minister has given the go-ahead for a deal to be finalised. The level of compensation for the UK being frozen out [...]