Regulator launches three investigations into Microsoft and Amazon April 24, 2024 The CMA is worried that big tech partnerships could give the likes of Microsoft and Amazon too much market power and harm competition.
National security is an ‘arms race’ says boss of chip designer Arm April 24, 2024 The chief architect at Arm said although national infrastructure is improving, there is a "tremendous amount" that needs to be done.
US regulator accepts GSK’s application to expand treatment of cancer drug April 24, 2024 The treatment, Jemperli, will now be classed as being able to help all adult patients with primary advanced or recurrent endometrial cancer. It is used alongside chemotherapy.
Angle agrees deal with Astrazeneca for tech to kill cancer cells April 24, 2024 This is expected to be driven by an increase in the use of combination therapy for the treatment of drug-resistant cancers and the need for novel targeted medicines for cancer treatment.
Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance April 24, 2024 Shares in microwave technology firm Filtronics soared as much as 52 per cent on Wednesday morning after it unveiled a new long-term deal with SpaceX's Starlink platform that could make Elon Musk's company a major shareholder.
Spotify rises after smashing records just months after layoffs April 23, 2024 Spotify shares jumped over 12 per cent on Tuesday after it broke a profit record in its first quarter, surpassing one billion euros (£860m) for the first time.
Silicon maker Alphawave Semi reports lower royalty revenues on ‘accelerated transition away from China’ April 23, 2024 In the first quarter of 2024, Alphawave said royalties dropped 75 per cent year on year to $9m, reflecting its transition away from China.
RWS: Language tech firm bets on AI to boost growth as it forecasts drop in profit April 23, 2024 Language services group RWS Holdings is expecting a fall in profit as it bets on its artificial intelligence offerings to provide much-needed growth.
Videndum: Hollywood writers strike calls ‘cut’ on camera gizmo firm’s bottom line April 23, 2024 The 148 day-long strike is the second longest in the history of the Writers Guild of America
Regulator: Working with big tech including Google, Microsoft, Amazon, Apple and Meta is top priority April 22, 2024 If the FCA deems technology companies' data useful for finance, it will "incentivise" sharing through Open Banking.