Aoti: US healthcare firm raises £35m in London IPO June 18, 2024 US healthcare group Aoti has raised £35.1m from its initial public offering (IPO) on London's AIM sub-market, which it said will give it a market capitalisation of roughly £140m.
Debts, disputes and a ‘shadow CEO’: The curious case of Truspine June 18, 2024 Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. Morning Wire takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors
Tesla, Google, Microsoft and Tiktok push tech layoffs total to nearly 100,000 this year June 17, 2024 A total of 326 tech companies have laid off more than 98,000 employees so far this year, according to online tracker layoffs.fyi.
Mindgym swings to loss as macroeconomic headwinds dent confidence June 17, 2024 The AIM-listed firm, which uses behavioural science to improve the performance of company's employees, has been hit by macroeconomic headwinds.
Raspberry Pi extends gains after London listing as retail investors start trading stock June 14, 2024 Sahres in Raspberry Pi have accelerated their gains after retail investors started trading the computer firm's stock, which made its London Stock Exchange debut earlier this week.
Temu targets trademarked brands such as Dyson and Zara on Google and Bing June 14, 2024 The majority of these targeted brands are retailers, including Zara, Rayban, Dyson, Curry's, and Marks & Spencer.
Tesla shareholders approval Musk’s £44bn pay package but reject ESG proposals June 14, 2024 Elon Musk has won a battle to have his bumper pay packet approved.
Halma: Record profit for safety equipment maker as sales pass £2bn June 13, 2024 British health and safety device maker Halma achieved a record profit again during its latest financial year as sales hit £2bn for the first time in its history.
David Beckham-backed Guild gains entry into Esports World Cup Club June 13, 2024 Guild, Esports, a gaming company co-owned by David Beckham has confirmed its entry into a number of competitive gaming competitions.
Banks struggle on compliance with staff Whatsapp bans as regulators dish out heavy fines June 13, 2024 Investment banks are increasingly struggling to get workers to comply with bans on using Whatsapp for business communication, a new survey suggests, after a slew of heavy regulatory penalties.