What3words: Losses slashed as jobs cut and sales double Tech What3words shed jobs and significantly cut its pre-tax loss as sales more than doubled in 2024, it has been revealed. The London-headquartered tech business, which is backed by ITV, Mercedes-Benz and former F1 champion Nico Rosberg, has reported a pre-tax loss of £10.6m for its latest financial year, down from the £16.4m it posted for 2023. New accounts filed with [...]
Forget gadgets, London’s tech prowess is now all about experiences Opinion London is becoming the global testbed for a new kind of tech, and it's all about the experience economy, writes Paul Armstrong.
London is a tech superpower – so why don’t we act like it? Opinion London is a tech superpower, but gloomy commentators hate to acknowledge it. It's time to start backing ourselves, writes Adam French.
Microsoft cuts UK jobs as sales near £10bn and profit surges April 8, 2025 Microsoft shed more than 200 UK jobs in the year its turnover jumped to almost £10bn, it has been revealed. The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show. The reduction comes after Microsoft’s headcount grew from 4,955 in [...]
LinkedIn shouldn’t be like Facebook – UK boss April 7, 2025 LinkedIn should be kept as a professional network and not turned into a new version of Facebook by its members, the UK boss of the social media site has said. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, country manager Janine Chamberlin said that while there has been a lot of new [...]
‘I was in the RAF for 20 years before this’: Gavin Poole on setting up Hackney tech hub Here East February 27, 2025 Gavin Poole served in the RAF for 20 years before studying for an MBA. Now he heads up powerhouse tech campus Here East. He tells us how.
How AI will ‘reshape the UK business landscape’ in 2025, according to Dell boss December 28, 2024 How artificial intelligence (AI) will “reshape the UK business landscape” in 2025 has been outlined by Dell Technologies’ top boss in the country. Steve Young, who is the US giant’s UK senior vice president and managing director, has said new approaches to data centre infrastructure will be crucial to delivering the predicted return on investment [...]
FTSE 250 group Raspberry Pi beats profit expectations September 24, 2024 Raspberry Pi has surpassed its expectations in its first set of financial results since it floated on the London Stock Exchange earlier this year. The Cambridge-based computer company, which was added to the FTSE 250 on Monday this week, raised nearly £179m at its oversubscribed IPO in June, said revenue soared 61 per cent to [...]
Alfa Financial keeps full year forecast amid lower software revenue July 24, 2024 Asset finance software company Alfa Financial Software has maintained its full year revenue forecast in a preliminary trading update for the first half of the year. The FTSE 250 firm said it continues to expect mid to high single digit revenue growth for the full year. Its total contract value (TCV) in the second quarter of 2024 [...]