Leaked documents: Amazon denies claims Alexa’s novelty has worn off December 22, 2021 Amazon has denied claims consumers are losing interest in Alexa after media obtained internal documents predicting a slump in sales growth.
Genedrive shares jump as Covid-19 test maker files for UK approval December 22, 2021 Covid-19 test maker Genedrive has filed for approval to sell its product in the UK, after new testing regulations came into effect last month. Shares jumped 14.4 per cent to 41.5p per share by mid-morning. The new Coronavirus Test Device Approvals (CTDA) regulations place specific performance requirements on test suppliers, after the new pandemic-era industry [...]
Microsoft’s $16bn Nuance bid secures EU antitrust approval December 21, 2021 Microsoft's $16bn (£12bn) bid for AI company Nuance has won approval from the European Commission following an antitrust probe.
Jack Dorsey says Bitcoin will replace the dollar as he trashes Web3.0 December 21, 2021 Former Twitter chief Jack Dorsey caused a stir on the social networking site he helped to found by sharing his thoughts on crypto and Web3.0.
Three and EE to bring 4G to Tube network December 21, 2021 Mobile operators Three and EE have announced a partnership to bring 4G and 5G connectivity to the whole Tube network. “Three is delighted to be part of bringing even more connectivity to our customers in London,” said Three’s chief executive Robert Finnegan. “They will be able to enjoy smooth streaming, phone calls underground and continued [...]
Covid-19: Moderna booster strengthens antibodies to combat Omicron December 20, 2021 Moderna’s booster vaccine significantly strengthens the level of antibodies that can combat the Omicron variant, the pharmaceutical giant said today. It comes as the new strain of Covid-19 shows signs of slowing in some countries, including South Africa. “The dramatic increase in Covid-19 cases from the Omicron variant is concerning to all. However, these data [...]
Chinese AI firm SenseTime heads for £580m listing despite US investor ban December 20, 2021 Chinese artificial intelligence start-up SenseTime Group announced today that it has relaunched its $767m (£580m) Hong Kong share sale after its listing was pulled last week following an American ban on investment.
London ‘uniquely well-placed’ as space sector heads for M&A boom in 2022 December 20, 2021 The UK’s space sector is bound for an explosion in mergers and acquisitions (M&A) next year – with London “uniquely well-placed” for a leading role in the forecasted frenzy. Managing associate of Linklaters technology practice, Katie Williams told City PM, that an increase in M&A activity is likely, with banks and other financiers expected to [...]
A quarter of the UK’s unicorns were created in 2021 alone as the tech sector shines December 20, 2021 New data shows how UK tech boomed in 2021, raising £26bn, doubling last year’s figures and creating a record number of unicorns.
Microchip maker Imagination on the verge of London listing after board reshuffle December 19, 2021 Chinese-owned Imagination Technologies gets one step closer to its London listing dream as a board reshuffle stifles concerns.
