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Tech

  • Airbnb ‘reinventing’ itself with £4.8bn share buyback as it looks to go ‘far beyond travel’

    February 14, 2024

    Airbnb has said it is expanding beyond its core services and has revealed a $6bn share buyback scheme amid mixed results.

  • Arm shares double in three days as investors cheer company’s AI-driven earnings boom

    February 13, 2024

    Shares in the newly public chip company Arm soared over 40 per cent on Monday as a three-day rally post earnings continues.

  • Gresham Technologies wins ‘strategic’ data contract ahead of US expansion

    February 13, 2024

    Software company Gresham Technologies has secured a contract worth $1.5m (£1.2m) for its Clareti Control platform, designed to help financial institutions control their data.

  • Tech secretary working to ease UK access to Horizon Europe funding

    February 12, 2024

    Tech secretary Michelle Donelan has said she is working to make it easier for British companies to access Horizon Europe funding as the UK looks to secure its science 'superpower' status.

  • Google in talks to participate in Lloyd’s of London captive syndicates

    February 12, 2024

    US tech giant Google is reportedly in talks to participate in the City's insurance and reinsurance market via a captive.

  • UK should resist ‘over-regulating AI’: Founder of British tech start-up hailed by Sunak as ‘revolutionary’

    February 12, 2024

    The founder of a fast growing British tech startup, RobinAI, has said he believes the UK should resist over-regulating AI.

  • How widening losses at delivery tech platform Sorted led to £66.73 rescue deal

    February 12, 2024

    Losses neared £30m at delivery tech platform Sorted ahead of it being bought just £66.73 in a reverse takeover deal, it has been revealed.

  • Profits fell at green tech start-up Myenergi ahead of major job losses

    February 12, 2024

    Profits were cut at smart home start-up Myenergi ahead of the HSBC-backed company slashing more than 100 jobs, it has been confirmed.

  • GSK receives Fast Track designation for chronic hepatitis B drug in latest boost for pharma giant

    February 12, 2024

    Pharmaceutical giant GSK has received a special recognition from the US Food and Drug Administration (FDA) for its bepirovirsen drug.

  • Over a quarter of lawyers use AI tools despite security fears

    February 12, 2024

    The number of lawyers using generative AI tools at least once a month has more than doubled in half a year, according to a survey.

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