Oracle: Tech giant passes UK milestone as profit jumps March 7, 2025 US technology giant Oracle has reported sales in the UK of more than £2bn for the first time as its profit jumped by over 20 per cent. Oracle, which in 2023 was the third largest technology company in the world by revenue behind Microsoft and Google, is the title sponsor of the Red Bull F1 [...]
Airbnb: Top UK and Northern European boss checks out March 4, 2025 Airbnb’s top boss in the UK and Northern Europe is to step down after four years in the role. Amanda Cupples was appointed general manager for the region in March 2021 and was responsible for UK, Ireland, Netherlands and the Nordics. Australian Cupples joined Airbnb from digital health company Babylon Health where she was first [...]
Checkatrade: ‘More can be done to protect customers from rogue traders’ February 27, 2025 Checkatrade CEO Jambu Palaniappan said the home improvement platform is in the business of trust and that it forms "a core part of who we are".
UK bosses to embrace M&A to stay ahead of digital curve February 12, 2025 Nearly all business bosses (99 per cent) said they expect to actively pursue transactions over the next year, according to EY's latest CEO outlook.
CurrentBody: Owner of beauty tech firm used by Kim Kardashian and Serena Williams eyes £350m London Stock Exchange float February 4, 2025 The group behind beauty technology company CurrentBody is eyeing a float on the London Stock Exchange which could be worth £350m. The Beauty Tech Group has lined up Berenberg to lead the business through an initial public offering (IPO), according to a report first published by Sky News. The group is headquartered in Manchester and [...]
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 [...]
‘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” [...]
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, [...]
Thursday: Tinder and Hinge rival to shut app amid ‘rapidly declining interest’ January 9, 2025 Thursday, a challenger to the likes of Tinder and Hinge, is to close its app amid “rapidly declining consumer interest”. The London start-up’s app was launched in 2021 by George Rawlings and operated exclusively on Thursdays. It was originally designed as a bid to combat ‘dating fatigue’ and limited user activity to one day per [...]
The femtech revolution is just getting started – but who are the real winners? January 9, 2025 What is so revolutionary about femtech? A once-niche term that, since coined by entrepreneur Ida Tin in 2016, has become synonymous with the future of healthcare and technology. The concept quickly struck a chord with the broader healthtech landscape, tapping into an underserved market for women’s health. The industry has witnessed exponential growth over the [...]