Seraphim Space fund’s value falls back down to earth as share price tanked this year October 17, 2023 Seraphim Space Investment Trust (SSIT) has posted a decline in its net asset value as shares remain stuck in a rut.
Hoberman-led Tech Nation pledges £10bn funding bonanza for start-ups October 16, 2023 The start-up group freshly revived by Brent Hoberman has pledged to facilitate a £10bn investment bonanza for UK tech today as it restarts operations. The group wound down earlier this year after ministers pulled its funding.
X fined for failing to reveal safeguards against child sexploitation October 16, 2023 Social media platform, X, fined 610,500 AUS dollars for failing to fully explain how it tackled child sexual exploitation content.
Cerillion expects full-year profits to be ‘meaningfully ahead’ October 16, 2023 Software developer Cerillion said today it expects profits to be “meaningfully ahead” in an update before its full-year results. The provider of billing, charging and customer relationship management software entered the second half of the financial year, which ended on 30 September, with a “strong back-order book and buoyant sales pipeline”, it said. Adjusted profit [...]
Game on! Microsoft’s acquisition of Activision gets green light from competition watchdog October 13, 2023 The CMA has green-lit the merger between Microsoft and Activision Blizzard
Amazon Prime Big Deal Days sees shoppers trim spending October 12, 2023 Protein shakes did well during Amazon's 'Prime Big Deal Days' event but analysts warn shoppers are tiring of discount days.
Darktrace holds forecasts as cybersecurity business picks up October 12, 2023 British cybersecurity company Darktrace has expressed confidence in its full year outlook as new customer additions pull up revenues.
CMA launches probe into Vodafone and Three UK’s £15bn tie up October 11, 2023 Britain's antitrust watchdog is examining whether an £15bn tie-up between Vodafone and Three UK would substantially lessen competition.
Cambridge sets out plan to double number of unicorns by 2035 October 11, 2023 Cambridge is aiming to double its number of "unicorns" by the year 2035, according to new plans set out by Innovate Cambridge.
Samsung narrows losses as ‘signs of life’ emerge from dead smartphone market October 11, 2023 Samsung has posted slimmer than expected losses as the beleaguered smartphone and chip markets show signs of recovery.