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Tech

  • Computacenter cautions on first half results amid ‘challenging’ UK market

    May 1, 2024

    "Germany and North America delivered solid underlying performances while the UK remained challenging," Computacenter said on Wednesday.

  • GSK raises 2024 guidance after strong vaccine sales

    May 1, 2024

    In its first quarter, British company GSK said sales rose 10 per cent to £7.4bn but total operating profit fell 18 per cent to £1.49bn.

  • Shein cash giveaways similar to Temu’s raise data privacy issues

    April 30, 2024

    Fast-fashion giant Shein has launched a number of promotions on its app,  such as "magic draw", "draw easily", "free gift", and "spin to win".

  • Meta to face £2.2bn class action after failing to overturn approval

    April 30, 2024

    Meta is set to face £2.2bn over allegations it abuses its dominant market position by imposing unfair terms after the Tribunal threw out its appeal

  • Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw

    April 29, 2024

    Before Jigsaw, the co-founders worked on building XRef, a proofreading software company, which they sold for a reported $10m (£8m).

  • Gresham posts strong results as it gears up to leave London Stock Exchange

    April 29, 2024

    It comes three weeks after Gresham announced it is set to be bought by STG Partners, an American private equity firm, for just under £150m.

  • Microsoft’s UK revenue soars on success of cloud storage services

    April 28, 2024

    Microsoft's UK revenue surged to over $8bn as it added 600 new staffers last year, according to new company filings.

  • Shares in Apple trade at 12-month low ahead of company’s earnings

    April 28, 2024

    Apple's stock woes largely stem from stagnant earnings per share growth, a drop in iPhone sales and ongoing regulatory pressures.

  • Amazon: AWS, Prime and AI set to drive first-quarter earnings

    April 28, 2024

    Analysts said that Amazon has recently got its mojo back after losing momentum over the last few years.

  • ‘Existential crisis’: London Stock Exchange exodus tops £60bn after Darktrace deal

    April 26, 2024

    A top investment bank has sounded the alarm and called on government to act today after a take-private deal for Darktrace took the total value of London Stock Exchange exits to north of £60bn.

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