Media bosses under fire over Russell Brand allegations September 17, 2023 Pressure is mounting on TV industry execs as allegations of sexual misconduct by entertainer Russell Brand come to light.
Arm Mk 2: Another British tech firm snubs London for New York float September 17, 2023 Imagination, which licences designs to companies including Apple, has quietly registered for a public listing in New York
Arm maintaining its lofty US valuation will be indicator for London IPO revival September 15, 2023 Shares in Softbank’s Arm have taken flight, surging nearly 25 per cent above their Nasdaq debut price, marking a triumphant return to the public markets after a seven-year hiatus for the chip designer. A loud reception has bolstered market experts’ optimism for beleaguered IPOs, which has faced substantial headaches in recent years, such as rising [...]
Amazon deal boosts Games Workshop ahead of Warhammer TV series September 15, 2023 Warhammer owner Games Workshop has said its trading performance for the three months ending 27 August has shot past expectations set by the board, as the company is spurred by a mega-deal with Amazon. Licensing revenue nearly doubled at £6m compared to last year’s £3m in the same period, while core revenue soared to £121m, [...]
Payally boss: Big Tech crackdown will kill London startups September 13, 2023 The UK needs to “loosen its grip” on Big Tech and steer away from copying the EU’s tough approach to the sector, the founder payments firm Payally has warned. “We need to be attracting big tech to London, not discouraging it,” Rafal Andzejevski told City A.M. “For right or for wrong, we left the EU, [...]
Linkedin founder slams efforts to rein in AI as ‘anti-humanist’ September 13, 2023 The founder of LinkedIn has said a six month pause on artificial intelligence (AI) would be "anti-humanist".
UK vape ban slammed as ‘own goal’ for the government September 13, 2023 Industry groups have slammed a looming government plan to ban disposable vapes, warning it is a threat to public health.
Apple reveals iPhone 15 amid stock price struggles September 12, 2023 Apple is trying to clamber back from a share price topple last week and grapple with falling global phone demand with the reveal of its latest innovations in California.
IQE: ‘Weak’ global demand hits chipmaker’s bottom line September 12, 2023 IQE are delivering their wireless products to Chinese Wi-Fi suppliers to tap into growing smartphone markets in China and India.
Hipgnosis may swerve buyout avoiding recent fate of LA-based rival RHM September 11, 2023 Shares in Hipgnosis Songs Fund rose as much as 16.5 per cent on Friday after it emerged rival music royalty firm Round Hill Music (RHM) had received a cash offer for a multimillion dollar buyout. But analysts say this does not necessarily mean the same fate awaits Hipgnosis. After US company RHM failed to reverse [...]