Oxford Instruments shares jump as company to revamp ‘overly complex’ business structure June 11, 2024 British microscope maker Oxford Instruments said it will change its "overly complex" business structure after its profit fell, despite revenue growth.
Eckoh: Data security firm has ‘record’ year after ‘success’ with North America focus June 11, 2024 The Aim-listed speech recognition business said revenue was at £37.2m, down four per cent from £38.8m the year prior.
GB Group’s loss shrinks as tech group’s new chief gets stuck in June 11, 2024 GB Group provides global identity and location software and the company has turned itself around recently.
London-listed software firm Idox cheers revenue rise following £15m acquisition June 11, 2024 Software company Idox plc said recurring revenue grew by 21 per cent to £43.1m in the six months to April.
IBM chief: London Tech Week a chance for the UK to get a lead on AI June 10, 2024 Last year, London Tech Week heard from top political figures including Prime Minister Rishi Sunak and Labour leader Keir Starmer.
Landmark report reveals GenAI’s time-saving impact on legal work June 10, 2024 A significant number of lawyers reported that GenAI helped them manage their workload more effectively, as new data highlights the time savings
Boom in Hikvision UK sales sparks calls for full ban on Chinese CCTV giant June 9, 2024 News that Hikvision's UK sales boomed last year has sparked calls for a complete ban on the Chinese CCTV giant.
New data centre planned for London amid ‘significant lack of power’ June 7, 2024 The demand for data centres is rapidly rising. AI training and large language models, such as ChatGPT and Gemini, require enormous amounts of power.
British tech giant Mike Lynch acquitted after 12-year legal battle June 7, 2024 Lynch was initially charged with 16 counts, including wire fraud and conspiracy but one charge of securities fraud was dropped during the trial.
Amazon hit with ‘biggest ever’ UK class action in £1bn legal case June 6, 2024 The 'biggest ever' class action will be filed to a London Tribunal against Amazon over allegation it has illegally misused data and manipulated its Buy Box