Sage: Profit booms sends FTSE 100 tech shares flying November 20, 2024 Enterprise technology firm Sage has reported a boom in revenue and profit as the UK tech champion has capitalised on artificial intelligence. Underlying operating profit at the Newcastle-based firm rose 21 per cent over the last year to £529m. Its operating profit margin grew 220 basis points to 22.7 per cent. Meanwhile, Sage’s annualised recurring [...]
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 [...]
Saudi Arabia: A Unique Travel Experience November 19, 2024 At the World Travel Market (WTM) in London, Inside Saudi’s Sir Martyn Lewis stepped onto the Saudi Tourism Authority’s (STA) stand to see just how Saudi Arabia is positioning itself as a ‘Must-Visit’ international tourist destination. Having undergone a significant cultural transformation in recent years, the government has committed vast resources to tourism and hospitality. [...]
Cityscape Global 2024: Showcasing Saudi Arabia’s Real Estate Opportunities November 19, 2024 Cityscape Global, the world’s largest exhibition for real estate, was bigger than ever this year. Opened by His Excellency Majed bin Abdullah Al-Hogail, the Minister of Municipalities and Housing, Riyadh played host to over 400 exhibitors, 200 institutional investors and 500 speakers. New projects and strategic agreements worth over US$51.26 billion were announced in the first [...]
Beware of the big promises of AI – we’ve been here before November 18, 2024 AI hype is everywhere, but we've been here before. Ian Whittaker prescribes a healthy dose of scepticism in today's Notebook.
Will an algorithm generate the next big Christmas ad? November 18, 2024 Christmas is coming and algorithms are at work, pushing the boundaries of creativity to ensure the tills keep ringing. But can AI tools ever really craft an ad that resonates on a deep, human level? Asks Paul Armstrong The Christmas ads have arrived, including a fake – and viral – John Lewis one, flooding our [...]
Nvidia earnings set to guide US stock market as Trump boost fades November 17, 2024 Nvidia’s earnings will take centre stage for the US stock market this week, while FTSE 100 firms Imperial Brands, Severn Trent and Halma report across the pond. The chipmaking behemoth has seen its share price gain nearly 800 per cent over the last two years as booming demand for AI has driven it to become [...]
‘Nutrition labels’ needed to build trust online November 17, 2024 The average person in the UK spends over three hours and 40 minutes online each day, with much of that time being spent consciously or passively consuming vast amounts of content. This content, whether it’s personal photos from our friends and family, viral videos or news articles, is shared with us in a variety of [...]
Retailers reassess how to reel in cash-strapped Brits for Black Friday November 16, 2024 As Brits’ loyalty to brands continues to erode and their commitment to seeking value continues to rise, retailers are optimising their digital presence in hopes of a bumper festive season. With online spending reaching ever-higher levels, and brand loyalty going down thanks to the increasing ease of switching between products on the internet, it’s become [...]
British AI start-up lands $750m valuation nine months after creation November 14, 2024 British AI start-up Tessl has landed a $750m valuation just nine months after being created, it is understood, as it looks to revamp how computer programmers create software.