MWek Solutions launches Regulatory Outsourcing and Technology business December 9, 2022 | Sponsored MWek Solutions comes to the market at a time of need, where regulatory and compliance uncertainty combined with opaque market activity has caused immeasurable damage. For those businesses left, having the correct internal processes in place have now become a priority for future success. Regulations and compliance will become a necessity and not a nice [...]
‘Web 3.0’ venture investment in freefall as crypto winter shakes market December 8, 2022 Investment into crypto firms has been in freefall this year as a deep ‘crypto winter’ sends shockwaves through the sector and causes venture capital firms to turn off the funding taps.
Former Theranos COO sentenced to nearly 13 years for defrauding investors December 8, 2022 The former president of Theranos was sentenced to nearly 13 years in prison last night for defrauding investors and patients before the defunct health-tech firm’s collapse. Ramesh “Sunny” Balwani, the former chief operating officer of the blood testing group, faces a longer jail term than founder and former girlfriend Elizabeth Holmes. The 155-month prison sentence [...]
Incorporating business purpose into corporate social responsibility: how and why December 8, 2022 | Sponsored Consumers, candidates and society, in general, seek to live in and create a much fairer world where the organisations they purchase from or are employed by mirror their personal values and purpose. This fairer world benefits all of us – especially young people facing a rapidly changing world. More and more organisations are placing social [...]
Apple expands data-encryption practices in security push December 7, 2022 Apple plans to to significantly expand its data-encryption practices, allowing users to make photos and notes stored on its iCloud service even more private. The tech giant said it would expanding the end-to-end encryption protections in its iCloud service as the security threats increase across the world. The feature, known as Advanced Data Protection for [...]
GSK and Sanofi shares jump with investor fears soothed by Zantac ruling December 7, 2022 Shares in GlaxoSmithKline (GSK) and Sanofi jumped today, after thousands of claims apart of the Zantac lawsuit were dismissed. Investors’ fears were soothed yesterday when US district judge Robin Rosenberg rejected 50,000 claims in federal court for not being based on sound science. GSK’s shares jumped around eight per cent to 1,498.00p per share in [...]
UK and Japan join forces on chip supply with Taiwan ties feeling ‘risky’ in China conflict December 7, 2022 The UK and Japan have pledged to improve the resilience of their semiconductor supply chains, as part of a freshly inked partnership between nations. In a statement today, the UK government said the partnership – which will oversee a combined IT sector worth more than £406bn – will further cement foundations for trade and investment [...]
Buzzfeed slashes team by 12 per cent in bid to save cash December 6, 2022 Buzzfeed will cut 12 per cent of its headcount in a desperate push to slash costs in the face of economic uncertainty. In a note written to staff, the firm said revenues had been battered by a “combination of worsening macroeconomic conditions, and the ongoing audience shift to vertical video”. “That requires us to lower [...]
Apple expands DIY repair service to UK December 6, 2022 Apple has expanded its iPhone self-repair service to the UK as Brits hoard their phones for longer than ever before. The tech giant said today that the Self Service Repair is now available in eight European countries, providing repair manuals and genuine Apple parts and tools. The service will apply to iPhone 12 and iPhone [...]
CMA concerned £94m hearing implant merger will stoke higher prices for NHS December 6, 2022 A merger between two hearing implant suppliers has raised concerns within the UK’s competition watchdog, which said a deal could risk higher prices for the NHS and less choice for patients. Should Cochlear and Demant’s £94m deal for Otican Medical go ahead, it would mean the combined group would control between 90 and 100 per [...]
