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Tech

  • What3words: Mercedes-backed tech firm still in the red despite slashing loss in half

    June 28, 2024

    What3words, a tech company backed by ITV, Mercedes and former F1 champion Nico Rosberg, has slashed its loss almost in half thanks to a slowdown in acquisitions among its customers.

  • Guild Esports: Beckham-backed gaming group slashes costs as revenue dips

    June 28, 2024

    The David Beckham-backed gaming company Guild Esports has cut its pre-tax loss after slashing its costs amid a "challenging macroeconomic environment" for the company, according to a newly filed half-year report.

  • Healthy revenue increase for One Media iP as it continues to invest in copyright tool

    June 28, 2024

    Listed One Media iP, which specialises in music royalties, has reported positive figures all-round for its first six-month results of 2024.

  • London-listed Keywords Studio receives revised cash offer from private equity giant

    June 28, 2024

    The video game services company Keywords Studios said it would be "minded" to accept a revised cash offer from Swedish private equity giant EQT Partners if it makes an official bid.

  • Tech firm Checkit abandons takeover pursuit of AIM-listed Crimson Tide

    June 26, 2024

    Checkit is now unable to submit another takeover proposal for six months. It had previously attempted to engage in discussions with Crimson multiple times over the last four years.

  • Microsoft breached EU rules with ‘possibly abusive’ move bundling Teams with Office suite

    June 25, 2024

    Microsoft violated European Union competition rules with “possibly abusive” practices by tying its Teams messaging and videoconferencing app to its widely used business software, the bloc has said. The European Commission said on Monday that it has informed Microsoft of its preliminary view that the US tech giant has been “restricting competition” by bundling Teams [...]

  • Vodafone boss warns poor mobile networks put Britain’s AI goals at risk

    June 25, 2024

    “5G standalone in the UK, which is the capability you need for this type of communication, is simply not available and will not be available even in three, four, five years time,” Della Valle told The Times.

  • Click a Snap eyes AIM listing to help it pay its users for content

    June 24, 2024

    A fledgling social media site that pays its contributors whenever someone views their images is hoping to take on the likes of Instagram and Tiktok as it explores a London float that could see it valued at £25m. 

  • EU regulators accuse Apple of breaching competition rules for app stores

    June 24, 2024

    The Act is a sweeping set of regulations aimed at preventing tech giants from cornering digital markets.

  • Video game maker Tinybuild reveals ‘disappointing’ performance of new title Broken Roads

    June 24, 2024

    Tinybuild has revealed better than expected sales, despite its new game Versus Evil continuing to put on a "disappointing" performance.

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