Video game maker Tinybuild reveals ‘disappointing’ performance of new title Broken Roads June 24, 2024 Tinybuild has revealed better than expected sales, despite its new game Versus Evil continuing to put on a "disappointing" performance.
Uber faces £1bn VAT showdown with HMRC June 23, 2024 Despite achieving its first full-year profit in February, Uber swung to a net loss of $654m (£524m) in the first quarter of this year.
Major data centre greenlit for London’s Royal Docks June 20, 2024 It has been designed to support large AI applications, meeting the power and cooling demands of rising AI workloads.
YouGov shares tank 35 per cent after it lowers forecasts June 20, 2024 Sales in its data products division were still slow and its fast-turnaround research services are declining.
Nvidia overthrows Microsoft and Apple as world’s most valuable company June 19, 2024 New York's Nasdaq exchange, where Nvidia is listed, has also surged 21 per cent year to date to a record high.
FTSE 100 giant Vodafone raises £1.4bn from Indus Towers stake sale to pay debt June 19, 2024 Vodafone is still waiting to hear back from the competition regulator about whether its proposal to merge its UK operations with those of Three can go ahead.
UK tech diversity body to shutter as sector faces ‘going backwards’ June 18, 2024 A UK government-funded body working to increase diversity in the tech sector has decided to close despite saying there is a "real risk of going backward".
Advanced Energy pulls out of XP Power pursuit June 18, 2024 US semiconductor firm Advanced Energy is no longer pursuing a deal for XP Power after it had three informal approaches rejected by the Singapore competitor.
Recruitment firm SThree posts drop in fees as tech giants slash jobs June 18, 2024 London-listed recruitment firm SThree has posted a drop in fees amid a "challenging backdrop" and mass global layoffs across the technology industry.
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m June 18, 2024 A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding.