Britishvolt founder and CEO steps down, passing reins to former Ford chairman August 22, 2022 The founder and CEO of battery technology giant Britishvolt has stepped down from the role, handing over the reins to deputy CEO and former Ford chairman Dr Grahan Hoare OBE. Orral Nadjari, who had held the position since the company’s inception in 2019, said in a statement today: “Although it was a difficult decision for [...]
Open Orphan subsidiary to trial influenza antiviral for Big Pharma firm in £10m deal August 22, 2022 A subsidiary of clinical research firm Open Orphan has inked a £10.4m contract with a Big Pharma client to test an influenza challenge virus and an antiviral product in human trials. The London-listed firm’s challenge trials company hVIVO has seen a rise in pharmaceutical companies looking to test their vaccines and antivirals against specific subtypes [...]
Vodafone strikes deal to sell Hungary operation for £1.53bn August 22, 2022 Vodafone has struck a deal with a Hungarian tech firm 4iG and state-backed Corvinus Zrt to sell off its operations in the country for €1.8bn.
Apple says security flaw could allow full control over devices August 19, 2022 Apple has said it has discovered a serious security vulnerability in its iPhones and iPads that could let hackers take full control over their devices. In an update, Apple said it had discovered a vulnerability that could let an application “execute arbitrary code with kernel privileges,” meaning hackers could obtain full access to devices. The [...]
Helios Towers revenue swells as it sets aside $650m for acquisitions spree August 18, 2022 Telecoms infrastructure company Helios has had its revenue swell by a quarter to over $265m, following a M&A spree in Africa. The London-listed firm, which focuses on the Middle East and Africa for its telecoms infrastructure, has also seen its phone tower sites jump by more than 2,000 over the past year to some 10,700 [...]
Exclusive: Three names Iain Milligan as new Chief Network Officer to drive 5G rollout August 18, 2022 Three UK today announced that Iain Milligan has been appointed the new Chief Network Officer (CNO), responsible for the rollout of the firm's 5G growth.
STEM skills shortage continues to hit UK businesses, says Gattaca boss August 17, 2022 The boss of engineering and technology recruiter Gattaca has said the UK’s current shortage of STEM skills is continuing to hit firms. Chief executive Matthew Wragg said today that the London-listed firm was “well placed” as it entered a new financial year, amid a limited supply of the “niche” skills. “There remains a shortage of [...]
Airbnb introduces anti-party tech to crackdown on lively holiday goers August 17, 2022 Airbnb has introduced new anti-party tools to help identify potentially high-risk reservations and stop them from making bookings.
Drought plagues supply chains as Toyota and Apple supplier Foxconn latest hit August 17, 2022 Toyota and Apple supplier Foxconn, among others in south west China, have paused their plant operations as drought continues to further jeopardise supply chains amid the pandemic. The Sichuan province announced today that it must suspend energy supplies to factories in several cities as drought hits its hydropower supply, the Financial Times first reported. The [...]
GSK shares float above recent lows amid looming legal woes August 17, 2022 British pharmaceutical giant GlaxoSmithKline (GSK) has been wrapped up with legal woes this week over recalled heartburn drug Zantac and a former AstraZeneca dealmaker – which have wiped billions off its market value. London-listed GSK’s shares have dipped into the red slightly today but remained above recent lows. However, the company has lost nearly eight [...]
