British investor eyes 23andMe rescue as it files for bankrupcy March 28, 2025 A major British investor is exploring a potential rescue plan for 23andMe, after the consumer genetics company filed for bankruptcy protection in the US. Richard Magides, director of Singapore-based Zentree Investments, and one of the firm’s largest shareholders, had been reportedly increasing his take in the firm in the lead up to its Chapter 11 [...]
How Virgin Media 02 keeps your data running 24/7 February 20, 2025 City AM was invited inside one of Virgin Media 02 (VM02)'s largest data centres in the UK, located in Slough.
UK train ticket reform is long overdue, but we need smart data to power it January 24, 2025 Buying a train tickets shouldn't feel like getting out of a labyrinth. Utilising data in transport, like Manchester, could revolutionise our railways, writes Nigel Shadbolt.
Experian: Global data and tech operations drive growth January 15, 2025 Experian reported an eight per cent increase in total revenue for the third quarter of fiscal year 2025, as the firm stressed the strength of its global data and technology arms. According to a trading update published this morning, the consumer and analytics firm maintained outlook, as its organic revenue rose by six per cent, [...]
The world’s first AI university January 1, 2025 Over the past year, AI has taken the world by storm. It is no surprise that there is the world’s first University focused exclusively on AI
Court rejects appeal in data privacy class action against Google December 12, 2024 A court has rejected an appeal against a decision to throw out a data privacy class action against Google and its AI subsidiary, DeepMind
Experian lifts margin outlook as revenue rises November 13, 2024 Revenue was up six per cent in the six months to September, rising to $3.6bn from $3.4bn in the same period last year.
YouGov shares jump after revenue and profit growth revealed October 29, 2024 YouGov shares jumped 13 per cent on Tuesday as the data firm reported revenue and operating profit narrowly ahead of full-year expectations. In unaudited results for the year to 31 July, 2024, Yougov posted a three per cent organic revenue increase, with reported revenue up 30 per cent to £335.3m, driven by its recent CPS [...]
RELX: Strong demand pushes up revenue for data firm October 24, 2024 Global analytics and decision tools provider RELX has reported an increase in its underlying revenue for this year, as it stood by its guidance looking at strong growth. According to a trading update to markets this morning, the London-listed firm said its underlying revenue rose by seven per cent, reaffirming its full year outlook as [...]
Millions pumped into anti-fraud work as DWP staff costs jump almost 200 per cent October 23, 2024 The Department for Work and Pensions has increased its anti-fraud staff costs by nearly 200 per cent since 2021, as it seeks to crackdown on fraud