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 [...]
Lenovo UK sales near £1bn amid Huawei retreat January 2, 2025 Sales at the UK arm of Chinese technology giant Lenovo jumped closer to the £1bn mark during its latest financial year. The division has reported a turnover of £982.8m for the 12 months to 31 March, 2024, up from the £969.3m it generated in the prior year. Newly-filed accounts with Companies House also show that [...]
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 [...]
Lendinvest inches closer to profit as fintech eyes housebuilding boost December 9, 2024 Lendinvest is nearing a return to profitability as the property fintech eyes a boost from the new government’s housebuilding plans. The London-listed firm reported a pre-tax loss of £1.7m for the six months to 30 September, 2024, compared to a £15.7m loss during the same period last year. Lendinvest’s bottom line was helped by a [...]
The future of the high street lies within collaboration, not competition December 6, 2024 What was once a shopping experience to look forward to has become a memory for many: will the high street ever feel the same? For quite some time, the online and in-store worlds have been competing over the same simple access to products, for better or for worse. Since the pandemic, consumers have gravitated towards [...]
Microsoft facing £1bn overcharging claim from UK firms December 3, 2024 Microsoft is facing a £1bn legal action over claims the US giant overcharged firms for access to products. Filed to the Competition Appeal Tribunal, the claim alleges customers using rival cloud computing platforms to Microsoft’s own Azure were charged higher licensing fees to access its Windows Server. It also alleges that UK companies and organisations [...]
London maintains tech capital crown but New York threatens November 26, 2024 London has kept its title as the tech capital of the world in a closely-watched league table, while New York edged closer to reclaiming the crown.
Plans worth £200m revealed by Imperial College London and Bruntwood SciTech November 20, 2024 Imperial College London is to build a life sciences and deep tech development worth over £200m in the west of the capital after partnering with Bruntwood SciTech. The university has earmarked land at its White City Deep Tech Campus after signing an agreement with the joint venture between property group Bruntwood, Legal & General and [...]