Future: Go Compare owner announces share buyback May 16, 2025 Future has reported a robust set of half year results, with profits and margins holding firm despite a three per cent drop in revenue. In the six months to 31 March, the London-headquatered media platform posted adjusted operating profit of £100.7m, down five per cent from the same period last year. Profitability remained resilient with [...]
Org Group acquires UK tech recruitment firm in global expansion May 16, 2025 Multinational professional services firm Org Group has acquired Manchester-based technology recruitment firm Venturi, in a strategic move that expands its presence in Germany and the US, and strengthen its capabilities in digital talent acquisition. The acquisition bolsters the group’s growing portfolio, adding Venturi’s tech expertise to a business that already includes global talent from Morgan [...]
Cyber attack: Coinbase warns of $400m hit after data breach May 15, 2025 Crypto exchange Coinbase has disclosed a significant cyber attack that could cost the company between $180m (£135m) and $400m (£300m), after hackers breached account data belonging to a “small subset” of its users. The news sent shares down three per cent in pre-market trading on Thursday. Coinbase said it received an email from an unknown [...]
North Korean hackers use fake WFH jobs to infiltrate UK firms May 15, 2025 North Korean state-backed hackers are using AI generated resumes and stolen identities to infiltrate UK firms, under the guise of remote IT working. According to a new threat report from Crowdstrike, the group – known as ‘Famous Chollima’ – has pivoted its focus from the US to the UK and Europe after a string of [...]
ITV grows digital ad sales amid Studios boost May 15, 2025 ITV has kicked off 2025 with a strong showing from its digital arm and a rebound at ITV Studios, helping it stay firmly on track with its turnaround strategy. In a trading update for the three months to 31 March, the broadcaster said digital advertising revenue rose 15 per cent year on year, outpacing the [...]
Sage boosts profit and margins as AI tools drive growth May 15, 2025 Accounting software giant Sage has posted a strong set of half year results, powered by rising demand for cloud services and adoption of its AI tools. The firm’s operating profit went up 16 per cent to £288m, whilst revenue saw a nine per cent uptick to £1.24bn, Sage told the market on Thursday. Sage said [...]
Legal tech this, AI law firm that: But what about jobs and trust? May 15, 2025 AI is the craze, every big business has jumped onto the hype, and the legal sector is no different—but the skepticism wafting around is there for a reason
GoDaddy recovers from huge loss as revenue jumps May 14, 2025 The European arm of GoDaddy, the US internet domain registry and web hosting company, has returned to the black after recovering from a loss of almost $70m (£52.6m). The Nottingham-headquartered division has reported a pre-tax profit of $4.2m (£3.15m) for 2024 after having slumped to a loss of $68.2m (51.2m) in 2023. New accounts filed [...]
Premier league players challenge use of data by betting firms May 14, 2025 A growing group of professional footballers in the UK are challenging how their personal performance data is being collected, used, and ultimately monetised. The global sports data and technology group (GSDT) has recently submitted firm “stop processing” requests on behalf of footballers and other sportspeople. This forms the latest part of its ‘project red card’ [...]
AI risks creating a cyber crunch for the UK’s national infrastructure May 14, 2025 The UK’s cyber watchdog has warned that artificial intelligence (AI) could significantly increase the country’s exposure to cyber attacks, especially those across its critical infrastructure, unless urgent steps are taken. In a recent report, the National Cyber Security Centre (NCSC) argued that AI is already transforming the threat landscape, and that by 2027, it could [...]