Samsung misses estimates as chip demand dwindles January 31, 2025 Samsung Electronics missed chip profit estimates in its fourth quarter, falling short of market expectations of 3 trillion won (£1.68bn) as competition heightened and demand plateaued. In Friday’s report, Samsung Electronics announced a 22 per cent year over year increase in net profit for its fourth quarter, reaching 7.754tr won (£4.65bn). However, this represented a [...]
People demand better data protection from businesses January 28, 2025 Most people are apprehensive about how their data is used, with trust in businesses at a worryingly low rate
DeepSeek: US AI tech giants face ‘Sputnik moment’ which could start new race January 28, 2025 The rapid rise of Chinese AI startup DeepSeek has been described as the US tech sector’s ‘Sputnik moment’ which “may well kickstart a new, even more energetic race”. US tech stocks took a battering yesterday after gaining global attention over its seemingly cheaper AI model which sparked a sell off in shares for its competitors. The sudden [...]
Is your Netflix subscription price about to rise? January 22, 2025 Netflix is to increase its prices in several countries after reportedly gaining nearly 19 million subscribers during its last quarter. The streaming giant confirmed price hikes in the US, Canada, Argentina and Portugal. On whether price rises could soon be made in the UK, a Netflix spokesperson said there is “nothing to share as of [...]
Top 5 sustainability trends for 2025 January 22, 2025 By Mark McLardie, Head of ESG, Westcon-Comstor As 2024 slides into the rear-view mirror, policymakers and business leaders are left to reflect on a mixed and challenging year in the fight to protect the planet from the effects of climate change. New data confirms last year was the hottest on record, with Earth warming by more [...]
‘It feels like a break-up’: CEO shuts down firm after passion runs dry January 22, 2025 The chief executive of a technology start-up has decided the close down the business after ‘running out of passion’. Ike Cooke, who co-founded Liverpool-based Bundant, announced the news on social media that the firm is to be wound down. The company provided a home refill service centred around a smart device – The Bundantband – [...]
Trump launches $500bn AI investment round with big tech bosses January 22, 2025 Donald Trump announced a “monumental” round of investment in artificial intelligence infrastructure, backed by some of the biggest tech firms in the US. OpenAI’s Sam Altman and Oracle’s Larry Ellison, appeared with President Trump in the White House yesterday to unveil the Stargate Project. The company will start with an initial $100bn investment round to [...]
The ISO 27001 Compliance Checklist January 21, 2025 | Sponsored ISO 27001 is the global gold standard for ensuring the security of information and its supporting assets. Obtaining ISO 27001 certification can help an organization prove its security practices to potential customers anywhere in the world. Vanta’s ISO 27001 checklist will help your organisation successfully implement an Information Security Management System (ISMS) according to the [...]
New frameworks and updates to help European companies achieve compliance faster January 21, 2025 | Sponsored To build customer trust, companies doing business in Europe must establish and maintain compliance with cybersecurity frameworks. However, changing regulations and new frameworks make managing compliance even more complex and burdensome for overworked security teams. To stay ahead and compete on a global stage, European companies need the right technology, local expertise, and trusted partnerships. [...]
‘The Silicon Beach dream was a lie’: Onbuy quits home with parting shot January 16, 2025 Technology company Onbuy has quit its home town of Bournemouth and hit out at the local council saying there is no support for the industry. Chief executive Cas Paton took to LinkedIn to announce the news that the business will now mainly operate from London and New York. He added that while Onbuy “will always” [...]