Chip industry revenue tops $500bn for the first time amid roaring demand semiconductor shortage Revenue in the global chip industry soared 25 per cent last year, exceeding an eyewatering $500bn for the first time on record, according to new data. A combination of strong demand amid a short supply and the inflation of raw material costs has pushed up the average selling price for semiconductors, Stamford-based research services company [...]
London’s Queen Mary students receive first lecture in the metaverse META MAD A group of Queen Mary third year medical students received their first lecture in the virtual reality (VR) world this week
When tech giant becomes gaming giant: Microsoft buys Call of Duty maker Activision Blizzard for a record £51bn MONSTER ACQUISITION Microsoft have announced that it would buy videogame publisher Activision Blizzard for $68.7bn (£51bn) in cash, making it the largest deal in the sector.
UK-built Mars rover passes pre-flight tests with flying colours January 18, 2022 The European Space Agency’s Mars rover has passed all its tests, making it ready for launch in September. The Rosalind Franklin rover, built by Airbus in the UK, has some ‘minor tuning’ left but will be ready to search for signs of life on Mars in the near future. Head of Space Exploration at the [...]
Blossom Capital raises $432m to tap into early stage tech January 18, 2022 Venture capital firm Blossom Capital has raised $432m for a new fund as it looks to tap into high-growth tech firms.
Trade with Ireland takes a £3bn Brexit hit as UK exports drop by more than a fifth in less than a year January 18, 2022 Exports from the UK to the Republic of Ireland crashed by more than a fifth since Brexit, according to new figures coming from Dublin. Numbers published by Ireland’s Central Statistics Office (CSO) show that the value of goods imports from Great Britain fell by almost £3bn from January to November last year. The drop in [...]
SpaceX’s mega-rocket Starship could make or break space industry, say experts January 18, 2022 The rise of mega-rockets, such as SpaceX’s Starship, could make or break the ‘New Space’ industry, according to experts. Countries including South Korea, Japan, India and UAE are planning to launch their first missions the Moon, which will require the use of so-called mega-rockets. “Public enthusiasm for space will remain high with the launch of [...]
Scotland boosts renewable goals with £700m auction for offshore wind projects January 17, 2022 ScotWind has raised hundreds of millions from an auction of seabed plots for offshore wind projects, boosting its net zero ambitions.
Hydrogen specialists CPH2 announce plans to list on London Stock Exchange January 17, 2022 Clean Power Hydrogen has announced plans to trade on the AIM market of the London Stock Exchange with a £50m fundraiser.
Exclusive: MyTutor snaps up tech platform amid digital skills shortage January 17, 2022 MyTutor has snapped up Fire Tech, a coding and technical training platform for children, in a merger aimed at improving digital skills.