Figma plots London office expansion despite fresh wave of tech layoffs January 11, 2024 Design company Figma is planning to ramp up its hiring this year in London amid a rapidly growing UK digital design market.
Andreessen Horowitz backs London insurance start-up to shrug off UK venture woes January 11, 2024 Silicon Valley giant Andreessen Horowitz (a16z) has thrown its weight behind London insurance tech Hyperexponential today in a deal that shrugs off the gloom gripping the UK’s venture capital market.
Trustpilot shares surge after firm upgrades profit guidance launches share buyback January 11, 2024 Global review platform Trustpilot has launched a £20m share buy back programme.
New York listing ‘not on the agenda’ for YouGov as it strikes biggest deal yet January 10, 2024 The chief of data site YouGov has said that a previously ruminated listing in the Big Apple is "not on the agenda" right now.
Irish ‘unicorn’ rules out London IPO after spat with FTSE 100 private equity firm January 10, 2024 An Irish tech ‘unicorn’ has ruled out a potential London IPO after a bitter spat with FTSE 100 private equity giant Intermediate Capital Group (ICG), which holds a ten per cent stake in the firm, City PM has learned.
Tinder and Hinge owner’s shares rise as activist investor Elliott builds 10 per cent stake January 9, 2024 An activist investor is trying to turn around Match Group as the Tinder and Hinge owner faces a stock slump.
Samsung issues profit warning as microchip market stutters January 9, 2024 Samsung has said its operating profit is likely to plummet 35 per cent in the fourth quarter of 2023 as it struggles to get a grip on a microchip market that is still in the lurch. The South Korean tech giant has forecast a dip to 2.8t South Korean won (£1.7bn) in its October to [...]
London-based tech company with ‘unlimited growth potential’ gets new chief January 9, 2024 London-headquartered tech company IFS has announced a leadership shake up as it prepares for its next stage of growth.
UK rocket startup looks to scale up with fresh space and tech duo January 8, 2024 UK rocket startup Orbex has announced a fresh leadership duo as it gears up to launch one of the first rockets from Britain.
Richard Branson gifts holiday of a lifetime to Post Office scandal victim January 8, 2024 Business magnate and founder of the Virgin Group, Richard Branson has given away a free luxury holiday and a chance to stay on his private island to one of the most high-profile victims of the Post Office scandal. Alan Bates, who played a crucial role in bringing the misjustice to light, is understood to have [...]
