Software group Aveva announces revenue growth October 27, 2021 AVEVA, specialists in engineering and industrial software, announces a revenue growth of approximately 9 per cent in the first half of the financial year on a pro forma organic constant currency.
Tik-ing time bomb: Social media companies told to crack down on money mule ads October 27, 2021 City bigwigs have demanded social media companies clamp down on “money muling” ads on their platforms which could leave young people blacklisted from credit for life. Teenagers are being targeted on TikTok by criminals who promise quick money in exchange for participating in fraudulent activity, or so called “money muling”. An increasing number of teens [...]
Cloud services push Microsoft results sky high October 26, 2021 Microsoft beat expectations in its fiscal first quarter results published last night, with revenue up 22 per cent. First quarter revenue at Microsoft reached $45.3bn (£32.9bn), a figure that surpassed the $43.9bn sum pencilled in by analysts. The tech giant’s winning results were largely attributed to the success of its cloud-based services, with revenue in [...]
Twitter falls short of user estimates as class action weighs on losses October 26, 2021 Twitter’s monetisable daily active users fell short, the company reported. In its third quarter results, the social media platform registered 211 daily active users, falling short when compared to analysts’ estimates of 212.6 million. “Average monetizable daily active users (mDAU) reached 211 million, up 13 per cent year over year in the third quarter, accelerating [...]
Google’s owner Alphabet smashes expectations for revenue and profit October 26, 2021 Google’s owner Alphabet smashed expectations in its third quarter results, chalking up its third straight quarter of record profit and $65.5bn in revenues against Wall Street estimates of $63.3bn. The tech giant banked a $18.9bn net profit – or earnings per share of $27.99, up from $11.2bn for the same period last year. “Our consistent [...]
Darktrace stock continues to fall after analyst comments October 26, 2021 Darktrace may be the darling of the UK tech scene, but their shares are continuing to plummet, 2.33% lower today at 732.5p.
UK Space Agency renews efforts to tackle ‘neglected’ space debris October 26, 2021 The UK Space Agency has renewed its efforts to tackle the “neglected” issue of space debris, amid concerns it could damage satellites and impact SatNav use. Space debris and orbital congestion is one of the largest issues in the global space sector, as it could cost launching companies millions in damaged satellites. With seven space [...]
File-sharing platform WeTransfer shows strong third-quarter as workforce remains remote October 26, 2021 WeTransfer reports a strong third-quarter, as clients remain digital and remote.
Why you need to train your staff to be cyber safe October 26, 2021 | City Talk One of the challenges facing businesses in the post-pandemic era is how to ensure remote workers can safely access the corporate network without creating a cybersecurity risk. Allowing employees to use personal devices or insecure home wi-fi connections to access sensitive company data creates potential weak spots for unscrupulous cyber criminals to target. In fact, [...]
Photo hoarding carries higher carbon cost than international flights October 26, 2021 New research today reveals Britons' hidden dirty data habits, with the nation’s trigger-happy social snappers contributing over 355,000 tonnes of CO2 every year through unwanted pics alone: the equivalent to the entire population of Chelmsford flying to Australia and back