Audioboom rakes in £50m in third quarter as advertising revenue perks up October 17, 2022 Podcast giant Audioboom has announced it took in £50m up until September, a 44 per cent increase on last year. The firm said quarterly revenue was however down from £15m to £14.3m as a tough economic climate continued to impact its intake. A boost in advertising revenue of £68m in 2022 so far has helped [...]
Slack chief says offices should be social spaces where people ‘actually enjoy themselves’ October 14, 2022 The chief executive of messaging platform Slack has said offices should be social spaces where people “come together and actually enjoy themselves” rather than a place where people take video calls. Speaking with the BBC, Slack boss Stewart Butterfield said office time was particularly important for young people starting their career. “It’s hard to imagine [...]
Legal woes weigh on GSK despite ‘exceptional’ trial for landmark RSV jab October 14, 2022 GlaxoSmithKline (GSK) shares slipped into the red yesterday despite “exceptional” results from the latest trial of its RSV vaccine as legal woes dampen investor confidence. The jab’s overall efficacy of 82.6 per cent was hailed as “pivotal” in finding a vaccine against RSV, which is a major cause of morbidity in toddlers and the elderly, [...]
Computer chip supply could be recovering as inflation weighs on demand October 14, 2022 There are signs of a potential recovery in the supply of computer chips, as a handful of the world’s largest semiconductor firms caution weaker demand. The supply of semiconductors, microchips used in most of today’s electronics, is “gradually improving” following several years of trickling quantities and rampant demand, British electronic components manufacturer DiscoverIE said yesterday. [...]
Netflix to launch new ad tier for £4.99 next month to win back subscribers October 13, 2022 Netflix has confirmed that its new basic ad-supported offering will launch next month, setting more frugal Brits back £4.99 a month. The new option will be an addition to existing plans, but will mean users who want to save a bit of cash will have to watch an average of four to five minutes of [...]
UK risks exodus of science firms with hard-line immigration stance October 13, 2022 Science and technology businesses are bailing out of the UK amid strict limitations on visas for oversees talent. One in six firms have plans to relocate abroad over the next three years, according to research by consultancy Ridge and Partners, with nearly a third of businesses polled being hit by the government’s visa limits. Liz [...]
Apple Watch Series 8 review: More of the same good stuff October 13, 2022 Place the new Apple Watch Series 8 on your desk besides the Series 7 and even Tim Cook would have trouble telling them apart. It keeps the same smooth curves and ultra-slim bezels as the previous generation, which itself only incrementally updated a design that had remained the same since 2018. Unlike the iPhone, the [...]
Govt gives telecom giants extended deadline to boot Huawei out October 13, 2022 The government has extended the deadline for telecom giants to boot Huawei from its 5G network after concerns that it could cause major disruption. The timeframe for the likes of BT’s Openreach and Vodafone to remove Huawei equipment and services in core networks was moved 11 months from January 2023 to December. Telecoms and broadband [...]
Alphawave inks £215m deal for Israeli processing chip developer October 13, 2022 Connectivity infrastructure company Alphawave has inked a $240m (£215m) deal for an Israeli processing chip developer, which makes semiconductors powerful enough to help data centres run. The deal for Bainas Labs strengthens Alphawave’s silicon products in its digital signal processing division, the company said in a statement this morning, as it looks to double down [...]
Semiconductor supply ‘gradually improving’, says Britain’s DiscoverIE October 13, 2022 The supply of semiconductors is “gradually improving” following several years of trickling quantities and rampant demand, British electronic components manufacturer DiscoverIE said today. Bosses within the semiconductor industry have described the chips market as cyclical, with ebbs and flows of over-and-under supply. The London-listed group, which relies heavily on semiconductors, said that despite supplies remaining [...]
