Sony snaps up Savage Game Studios in console pivot August 29, 2022 Sony has snapped up Savage Game Studios this morning as the company continues to pivot away from consoles.
EXCLUSIVE: UK semiconductor industry in urgent need of a strategy, say Nexperia, Imagination, IQE and Paragraf August 26, 2022 The UK is in urgent need of a strategy to bolster its semiconductor industry, bosses of some of the country’s biggest chip companies have told Morning Wire Maintaining a steady supply of semiconductors will be critical to the electric vehicle transition and roll out of 5G infrastructure. The long-awaited strategy is expected to be published [...]
Indecision over Nexperia takeover review risks hurting UK semiconductor industry, Paragraf warns August 26, 2022 The government’s failure to complete the security review of Nexperia’s takeover of Newport Wafer Fab risks hurting the UK’s semiconductor industry, CEO of British semiconductor startup Paragraf told Morning Wire “Not making the decision is more damaging than making the wrong decision sometimes,” Simon Thomas said. Thomas described the looming national security review as the [...]
Sony ups Playstation prices amid inflation woes August 25, 2022 Sony has upped the prices for its PlayStation 5 games console, citing the the global economic environment.
Amazon to wind down staff telemedicine service months after expansion pledge August 25, 2022 Amazon is reportedly set to wind down its in-house telemedicine service designed for its employees, on the basis of it not working in the long-term. The technology giant said Amazon Care will close by the end of the year, just months after the group said it would expand the offering across 20 new cities. The [...]
Government must support UK science firms in shouldering cost pressures, says ABPI president August 25, 2022 The Government must help paint a positive picture for the pharmaceutical industry via increased support, so that CEOs feel encouraged to shoulder the cost pressures hitting the sector, the president of the Association of British Pharmaceutical Industry (ABPI) told Morning Wire The industry is currently navigating staff shortages, inflation as well as dwindling investment, which [...]
UK regulatory fines slump after pandemic logjam August 24, 2022 The amount of fines dished out by the UK’s financial regulators has tumbled by nearly half in the first half of the year as officials catch up with a pandemic backlog, a compliance consultancy said today.
NFTs worth more than $100m stolen in the past year August 24, 2022 Over $100m worth of non-fungible tokens (NFTs) have been reported as stolen in the past year as scammers pounced on a surge in interest in digital assets, new data has revealed.
WhatsApp clampdown: Lawyers warn City firms about increasing scrutiny of app August 24, 2022 Lawyers have warned City firms to “dust off” their communication training handbooks amid fears that regulators could ramp up scrutiny of the use of WhatsApp in UK financial services.
Amazon feeds its ‘inquisitive appetite’ in healthcare sector with Signify bid August 23, 2022 Amazon looks set to continue its push into healthcare with a bid for Signify Health, which provides in-home health evaluations, in a move long predicted by analysts. The Big Tech firm, competing with rival bidders UnitedHealth Group, CVS Health and Option Care Health, has offered the second highest figure for the company, according to Bloomberg. [...]