Fitbit recalls more than a million smartwatches amid burn injuries March 2, 2022 Fitbit has recalled more than a million of its Ionic smartwatches after reports that some users are being burned from overheating batteries. The U.S Consumer Product Safety Commission (CPSC) said today that Google-backed Fitbit had received at least 115 reports in the United States and 59 from abroad about the issue. “These incidents are very [...]
Streamer turned gamer: Netflix snaps up Walking Dead publisher Next Games in £54m deal March 2, 2022 Netflix becomes the latest tech firm to pivot into the world of gaming, with the streaming giant announcing its acquisition of Finnish firm Next Games in a €65m (£54m) deal.
Competition watchdog green lights Microsoft’s £13.9bn snap up of Nuance Communications March 2, 2022 UK competition watchdog has given Microsoft’s $19.7bn (£13.9bn) acquisition of Nuance Communications the green light this morning, stating that it did “not give rise to a realistic prospect of a substantial lessening of competition”. Tech giant Microsoft snapped up the US-headquartered software firm last April in a push to advance its software capabilities. Nuance offers [...]
Lockheed Martin dives into Satellite Vu’s £20m funding round March 2, 2022 Lockheed Martin has dived into a £20m funding round for Seraphim Space-backed Satellite Vu, as the US aerospace giant looks to plant a new space base in the UK. The London-based satellite firm, which uses infrared imaging and data to observe the Earth from space, has caught the eye of Lockheed in hopes of luring [...]
Telecom Italia set to propose alternative to £9bn KKR takeover swoop March 1, 2022 Telecom Italia is gearing up to offer an alternative to US fund KKR's hefty €10.8bn (£9bn) takeover bid.
Toshiba boss resigns suddenly amid historic break-up plans March 1, 2022 Toshiba’s boss has suddenly resigned, as the company undergoes a significant restructuring. Satoshi Tsunakawa will be replaced by interim CEO Taro Shimada, amid reports that the plans to split the company had been met with opposition. The Japanese technology giant announced a historic break-up plan in mid-November, following pressure form activist investors to streamline operations. [...]
TikTok rolls out 10 minute videos as it closes in on YouTube March 1, 2022 TikTok is set to roll out videos of up to 10 minutes in length, as the Chinese tech firm closes in on competitors like YouTube.
Visa and Mastercard shut out Russian financial institutions from networks March 1, 2022 US card payment giants Visa and Mastercard have shut out Russian financial institutions from their payments networks after Western nations ramped up sanctions on Russian firms.
BBC bombarded by almost 400,000 spam emails and attacks every day March 1, 2022 The BBC were the target of nearly 50 million email attacks between October 1 2021 and the end of January 2022. This is according to official figures obtained via a Freedom of Information act (FOI) request, and analysed by a Parliament Street think tank. This means the BBC is facing an average of 383,278 email [...]
Lockheed Martin eyes the UK for £50m space base March 1, 2022 Lockheed Martin is looking to plant a £50m satellite base in the northeast, as the UK emerges as a global player in the space industry. The government’s ambition to grow the sector has caught the eye of the US aerospace and defence giant, as it seeks favourable market conditions. In a move which could create [...]