American private equity firm to snap up Darktrace for £4.3bn April 26, 2024 American private equity firm Thoma Bravo has struck a deal to buy British cyber security company Darktrace in an all-cash transaction.
Pearson ‘pleased’ with pivot to AI but Virtual Schools slow again April 26, 2024 Pearson is integrating artificial intelligence (AI) into its suite of educational products as it looks to modernise.
British Patient Capital invests over £40m to boost UK cyber security firms April 25, 2024 The UK's cyber security industry is currently in high demand due to a rise in attacks, especially on businesses and high-income charities.
Pinewood Technologies pivots to software after sale of legacy Pendragon business April 25, 2024 On Thursday, Pinewood reported revenue of £24.5m from its software unit.
Focusrite: Music software company hits flat note as revenue falls £11m April 25, 2024 Focusrite's net debt more than doubled to £27.3m in the first half of the year, which it blamed on higher working capital levels.
Social media drives UK online ad spend to highest level ever April 25, 2024 Total ad spend rose six per cent in 2023 to £36.6bn, although this translated to a 1.2 per cent contraction after accounting for inflation.
Regulator launches three investigations into Microsoft and Amazon April 24, 2024 The CMA is worried that big tech partnerships could give the likes of Microsoft and Amazon too much market power and harm competition.
National security is an ‘arms race’ says boss of chip designer Arm April 24, 2024 The chief architect at Arm said although national infrastructure is improving, there is a "tremendous amount" that needs to be done.
Hipgnosis bidding war shows these corporate jukeboxes are valuable after all April 24, 2024 The bidding war between Blackstone and Concord for Hipgnosis shows that the music asset class has not lost its allure, Jess Jones writes
Spotify rises after smashing records just months after layoffs April 23, 2024 Spotify shares jumped over 12 per cent on Tuesday after it broke a profit record in its first quarter, surpassing one billion euros (£860m) for the first time.
