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Tech

  • Latin America’s richest man takes £400m stake in BT

    June 12, 2024

    Analysts said the move reflects the "good recent momentum" for BT, especially after chief Alison Kirkby recently revealed a £3bn cost-saving initiative.

  • Apple overtakes Microsoft as world’s most valuable company

    June 12, 2024

    Apple shares rose nearly five per cent to a new record high of $218.02 per share on Wednesday, making it more valuable than Microsoft.

  • Wayve: Loss widens at British AI darling backed by Nvidia, Microsoft and Softbank

    June 12, 2024

    Wayve, the British artificial intelligence (AI) start-up that secured an investment of more than £800m recently, saw its losses pass £40m during its latest financial year.

  • Frontier Developments: Rollercoaster Tycoon maker returns to profit ahead of new F1 and Jurassic World games

    June 12, 2024

    Frontier Developments, the developer behind games including Rollercoaster Tycoon and Elite Dangerous, is finally back in the green after cost saving measures triggered by a rough 2023.

  • UK chip boss ‘really, really frustrated’ with funding environment as US investors lead

    June 12, 2024

    Paragraf says its chips are a thousand times faster than today's typical silicon wafers.

  • Exclusive: Why this London-based AI firm has picked Aquis for its float next month

    June 12, 2024

    Pri0r1ty AI automates tasks like writing press releases, regulatory news, and social media content, typically handled by multiple external agencies.

  • UK tech firm agrees £571m deal to buy Canadian software company Copperleaf

    June 11, 2024

    A UK tech firm has snapped up Canadian software company Copperleaf in a deal that values the company at CA$1bn (£571m). 

  • Vianet slashes debt as demand for customer data continues to rise

    June 11, 2024

    Drinks and vending data specialist Vianet is continuing to claw its way out of debt following substantial disruption to its market during the Covid-19 pandemic and into the cost of living crisis.

  • Oxford Instruments shares jump as company to revamp ‘overly complex’ business structure

    June 11, 2024

    British microscope maker Oxford Instruments said it will change its "overly complex" business structure after its profit fell, despite revenue growth.

  • Eckoh: Data security firm has ‘record’ year after ‘success’ with North America focus

    June 11, 2024

    The Aim-listed speech recognition business said revenue was at £37.2m, down four per cent from £38.8m the year prior.

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