‘The Silicon Beach dream was a lie’: Onbuy quits home with parting shot January 16, 2025 Technology company Onbuy has quit its home town of Bournemouth and hit out at the local council saying there is no support for the industry. Chief executive Cas Paton took to LinkedIn to announce the news that the business will now mainly operate from London and New York. He added that while Onbuy “will always” [...]
Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech January 16, 2025 Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?
Trump to ‘save’ Tiktok as RedNote rises ahead of Sunday’s ban January 16, 2025 President Donald Trump has reportedly considered rescuing the Chinese-owned social media app Tiktok from its looming ban. Once in office, Trump may suspend the enforcement of the ban-or-sale law through executive order, reported the Washington Post. He has been exploring unconventional ways in which he could save the app, which now hosts over 170m users [...]
Trustpilot: UK and US bookings surge helps revenue jump as shares spike January 16, 2025 Surge in bookings in North America and the UK helped lead a jump in revenue at Trustpilot during its latest financial year. The FTSE 250 company has revealed it expects to report a revenue from bookings of $239m (£195.7m) for the 12 months, up from the $195m it achieved in the prior year. Trustpilot’s annual [...]
Serco: FTSE giant bags £200m US army deal January 15, 2025 British outsourcing giant Serco has secured a $247m (£203m) contract to enhance the health and fitness of US army soldiers. The government services provider will support 45 US army brigades across 15 locations, including bases in Alaska and Texas. Under the deal, the firm is set to drive soldier fitness, reducing injury rates and supporting [...]
Experian: Global data and tech operations drive growth January 15, 2025 Experian reported an eight per cent increase in total revenue for the third quarter of fiscal year 2025, as the firm stressed the strength of its global data and technology arms. According to a trading update published this morning, the consumer and analytics firm maintained outlook, as its organic revenue rose by six per cent, [...]
Apple is first of the big tech firms to face a UK class action trial January 13, 2025 Apple is set for trial on Monday as the first of the Big Tech to face a UK class action over allegations it has been charging “excessive and unlawful” its App Store
Thursday: Tinder and Hinge rival to shut app amid ‘rapidly declining interest’ January 9, 2025 Thursday, a challenger to the likes of Tinder and Hinge, is to close its app amid “rapidly declining consumer interest”. The London start-up’s app was launched in 2021 by George Rawlings and operated exclusively on Thursdays. It was originally designed as a bid to combat ‘dating fatigue’ and limited user activity to one day per [...]
Zuck rediscovers love of free speech – just in time for Trump 2.0 January 8, 2025 Will Mark Zuckerberg’s drastic policy changes tempt me back to Facebook? Nope. I quit the platform in 2010, after a friend request from an uncle made me realise it was no longer just a safe space for sharing morning-after-the-night-before photos and gags with university pals. Having left the party 15 years ago, it’s been interesting [...]
Crypto ranked among top three alternative investments in 2024 January 6, 2025 Crypto and digital assets emerged as the third most popular investment of the past 12 months, driven by a 49 per cent surge in online searches. Whisky and Wealth Club’s research highlighted cryptocurrencies as one of the top three performing alternative investment sectors, alongside peer-to-peer lending and music royalties. Despite their notorious volatility, digital assets [...]