Nokia slashes up to 14,000 jobs as revenues and profits tank October 19, 2023 Nokia sales fell 15 per cent in its third quarter due to the ongoing impact of stubbornly high interest rates.
Amazon to start drone delivery in the UK next year October 18, 2023 Amazon Prime's Air drove delivery service is set to expand into the UK in late 2024, the company confirmed today.
BT will sell fridges and subscriptions in push for more customers October 18, 2023 BT is branching out from its telco business into household appliances and a subscription service in a rebranding effort to accelerate customer growth.
Kin and Carta shares soar 40 per cent after £203m takeover deal October 18, 2023 Shares in technology consultancy Kin and Carta rocketed over 40 per cent after it said a £230m cash offer is taking it private.
Tech companies boycott Web Summit after chief’s Israel conflict remarks October 17, 2023 A number of UK-based tech companies are boycotting the Web Summit conference in Lisbon after the chief executive called out Israel for committing war crimes.
Vodafone and Three hit back at union concerns deal will kill competition October 17, 2023 Vodafone and Three have hit back at a warning from trade union Unite that their telco tie-up will stifle competition, threaten national security and raise customer bills by up to £300 a year.
Seraphim Space fund’s value falls back down to earth as share price tanked this year October 17, 2023 Seraphim Space Investment Trust (SSIT) has posted a decline in its net asset value as shares remain stuck in a rut.
Hoberman-led Tech Nation pledges £10bn funding bonanza for start-ups October 16, 2023 The start-up group freshly revived by Brent Hoberman has pledged to facilitate a £10bn investment bonanza for UK tech today as it restarts operations. The group wound down earlier this year after ministers pulled its funding.
X fined for failing to reveal safeguards against child sexploitation October 16, 2023 Social media platform, X, fined 610,500 AUS dollars for failing to fully explain how it tackled child sexual exploitation content.
Cerillion expects full-year profits to be ‘meaningfully ahead’ October 16, 2023 Software developer Cerillion said today it expects profits to be “meaningfully ahead” in an update before its full-year results. The provider of billing, charging and customer relationship management software entered the second half of the financial year, which ended on 30 September, with a “strong back-order book and buoyant sales pipeline”, it said. Adjusted profit [...]
