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Technology
Liverpool Life Sciences Sector Poised for £800m Pound Investment Boom Despite AstraZeneca…
Liverpool's burgeoning life sciences sector is positioning itself as one of Europe's premier biotech clusters, with projections indicating up to £800 million in investment over the next decade. The region's ambitious growth plans include…
AI Revolution in Audit Industry Promises Speed but Not Cost Savings
The landscape of auditing is experiencing a profound transformation through artificial intelligence, yet the promised cost reductions remain elusive. Major accounting firms, including Deloitte, EY, KPMG and PwC, have poured hundreds of…
Artificial Intelligence Pioneer Anthropic Set to Reach $60bn Valuation in Latest Funding Round
San Francisco-based AI powerhouse Anthropic is on the verge of securing a $2bn investment, propelling the company's valuation to an impressive $60bn. The deal, which would effectively triple the organisation's worth, involves prominent…
Is The US Stock Market Ready For A Tumble
In an era where investors remain vigilant for signs of market bubbles, the spotlight shines brightly on America's "Magnificent 7" technology companies. These market titans have dominated the S&P 500, generating an outsized portion of…
Avon Technologies Secures $18M USD Combat Helmet Contract With US Military
British defence equipment manufacturer Avon Technologies has clinched a significant $18 million order from the US military for combat helmets. The company's Ohio-based subsidiary, Team Wendy, secured the contract from the US Defense…
Malaysian Tech Giants Face Premium Energy Costs for Data Centre Operations as Environmental Concerns…
Global technology companies must prepare to pay premium rates for energy and water resources to operate data centres in Malaysia, according to the country's environment minister, as the surge in artificial intelligence infrastructure places…
Silicon Valley Tech Giants Set To Dominate Global Markets in 2025 as Apple Eyes 5 Trillion Valuation
The technological landscape witnessed seismic shifts throughout 2024, with Silicon Valley's influential figures emerging as formidable political powerbrokers. Elon Musk, the tech industry's most controversial figure, channelled £220 million…
Four Key Artificial Intelligence Predictions That Will Shape 2025 and Beyond
The artificial intelligence landscape is poised for significant shifts in 2025, with industry experts forecasting notable changes in development trajectories, market dynamics, and technological capabilities.
The remarkable momentum…
UK Electric Vehicle Charging Network Grows By 36 Percent in 2024 Despite Market Headwinds
Britain's public electric vehicle charging infrastructure witnessed substantial growth in 2024, with the total number of chargers increasing by 36% to reach 73,421 units by year-end, according to data from Zapmap. The expansion,…
Iran Makes Historic Move to Unblock WhatsApp and Google Play Access
Iran's reformist government, led by Masoud Pezeshkian, has taken a landmark decision to lift the ban on WhatsApp and Google Play, marking a significant shift in the nation's approach to internet restrictions. The breakthrough came during a…
Meta Accelerates Smart Glasses Development with Ray Ban Display Integration Plans for 2025
Meta, the social media behemoth valued at £1.5 trillion, is set to revolutionise its Ray-Ban smart glasses line by incorporating display screens as early as the second half of 2025, according to sources close to the development. The…
Mitsubishi Electric Takes Strategic Stake in Eye Tracking Technology Pioneer Seeing Machines
In a significant move that reshapes the landscape of driver monitoring technology, Seeing Machines has secured £26 million in funding through a strategic partnership with Mitsubishi Electric Mobility, resulting in the Japanese industrial…
Silicon Valley Tech Giants Unite to Challenge Traditional Defence Contract Hierarchy
Two of America's leading defence technology companies, Palantir and Anduril, are orchestrating a groundbreaking consortium with prominent tech organisations to compete for lucrative US government contracts, challenging the long-standing…
Smart Ring Pioneer Oura Secures 200 Million Funding Boost as Valuation Soars to $5.2 Billion
Finnish health-tracking smart ring manufacturer Ōura has secured a remarkable £200 million in fresh funding, propelling its valuation to £5.2 billion—twice its 2022 value. This investment round stands as one of the largest secured by a…
China Unveils Revolutionary High Speed Train Technology That Could Transform Global Transport Market
Chinese engineers have achieved a significant breakthrough in transportation technology with their latest T-Flight train, potentially disrupting the global transport sector and creating new investment opportunities in the high-speed rail…
Solar Panel Balconies Promise 30 Percent Reduction In Household Energy Costs
Spanish households are witnessing a significant shift in renewable energy adoption as balcony-mounted solar panels gain traction, following Germany's successful implementation of 'Balkonkraftwerk' or balcony power plants. This innovative…
EU Launches €10 Billion Euro Space Programme To Challenge Starlink Dominance
The European Union has embarked on an ambitious €10 billion space initiative, unveiling plans for a constellation of 290 satellites designed to rival Elon Musk's Starlink network. This strategic move marks a significant development in…
AstraZeneca Board Welcomes Arm Holdings CEO in Strategic Technology Push
In a significant move strengthening its technological capabilities, AstraZeneca has appointed Arm Holdings Chief Executive Rene Haas to its board as a non-executive director, effective from next month. The appointment comes as Britain's…