Competition watchdog launches formal probe of Vodafone and Three tie-up January 26, 2024 The Competition and Markets Authority (CMA) has launched a formal investigation into the merger of Vodafone and Three. Back last June, Vodafone and CK Hutchinson, owner of Three, announced their long-awaited UK £15bn merger. The deal would combine the companies’ telecommunications operations under one single network provider. The CMA today has started its Phase 1 [...]
Back in the game: Venture Capital Trust to raise after Chancellor’s stay of execution January 25, 2024 A venture capital trust (VCT) is set to launch a £50m fundraise on the London Stock Exchange next month in one of the first major moves since Jeremy Hunt delayed a phase-out
UK data centre company raises £206m from Deutsche Bank to support AI ambition January 24, 2024 Kao Data has completed a £206m debt raise with Deutsche Bank as it looks to support the UK's increasing appetite for AI.
Embrace it or be left behind, says AI-driven business founder January 24, 2024 Scaling a start-up with the help of AI could be the newest trend in 2024, as small and medium enterprises (SMEs) across the UK are beginning to consider it their "gateway to growth".
S4 Capital shares jump despite Sir Martin Sorrell’s firm warning on ‘client caution’ January 22, 2024 Digital marketing giant S4 Capital said it does not expect to see any macro economic improvements this year, as the firm trades in line with lowered expectations.
Investors ready for Tesla update as Musk eyes bigger stake January 21, 2024 Elon Musk's Tesla is gearing up to release its fourth quarter results on Wednesday as Musk is vying for a larger stake.
‘Huge vote of confidence’: Sunak cheers Google’s £790m AI injection in Watford January 18, 2024 Google has announced plans to invest $1bn (£790m) to build a new UK data centre as it tries to gain a lead in the race for AI supremacy.
Reddit to pursue March IPO after three years mulling it – reports January 18, 2024 The IPO would be the first by a major social media company since Pinterest's launch back in 2019.
Sage reports growth in all regions as cloud business soars January 18, 2024 Software firm Sage has reported revenue growth in all its regions as its cloud business continues to attract demand.
Expect M&A uptick in cybersecurity market, says Arctic Wolf boss January 18, 2024 The boss of one of the world's biggest cybersecurity companies has said he expects a surge in M&A activity in the sector in 2024.
