Browsing Category
Tech
The stock market is about to be transformed by big tech
The massive dividends announced by Meta last week, the company which controls Facebook and Whatsapp will buy a lot hoodies and at least generate enough cash for Sir Nick Clegg to think twice about returning to British politics.
Mark…
Amazon cancels $1.45bn iRobot deal over EU threat to block deal
Amazon announced on Monday that it had cancelled its $1.45bn purchase of Roomba manufacturer iRobot, as EU regulators were preparing to block the deal over concerns about competition.
In a Monday statement, David Zapolsky Amazon senior…
British inventors seek to bite Apple for $18bn in patent war
As a plumber tycoon Patrick Racz had become accustomed to deluges. But circumstances led to a very different kind of drenching, sitting in his local park in the rain contemplating the demise of his business during the dotcom crash. "I lost…
OpenAI warns that a crackdown on copyright could lead to the demise of ChatGPT
The creator of ChatGPT warned that , a ban on the use of news and books for training chatbots, would doom artificial intelligence development.
OpenAI told colleagues that it would "be impossible" for it to create services like ChatGPT,…
Apple’s services business, worth $85bn a year, faces legal consequences
Apple will face a legal reckoning by 2024. A series of regulatory decisions made by US and EU authorities in the next few months will determine the future for its $85bn services business.
Apple's biggest blow could be a US antitrust case…
Apple resumes US Watch sales after court order suspends ban
Apple has resumed sales of its Watch Series 9 & Ultra 2 in the US after an appeals tribunal halted the ban imposed by a trade court. This is the latest development in a patent dispute with health technology company Masimo.
Apple…
Peter Hargreaves Blue Whale’s profits drop on tech bets
Blue Whale Capital, a fund group founded by billionaire Peter Hargreaves and co-founded with him, reported a decline in revenue as well as profit after the sharp sell-off of tech stocks in the last year.
The Blue Whale Growth Fund…
Apple stops US Watch sales before Christmas following patent loss
Apple will cease selling smartwatches in its own US stores by Christmas, after losing a case of patent infringement. This is a major blow to the company during the holiday season.
Sales of Apple Watch Series 9 and Ultra 2 will be stopped…
Scientists say a breakthrough in weather forecasting could be revolutionary
Creators of the new technology say it could revolutionise forecasting.
Google Deepmind's new technology allows 10-day forecasts to produced in less than a minute. Deepmind claims that the technology is able to produce weather forecasts…
Solar panel record broken with “miracle material”
Researchers have developed a miracle material that has broken the record for solar panels electricity generation.
Longi, a Chinese solar technology company, has set a new record of 33.9% for a tandem silicon-perovskite solar cell. This…
Cloud computing capacity a major focus for tech giants
Amazon, Microsoft, and Alphabet, the parent company of Google, are all expected to increase capital expenditure as they build up their capacity to support the growth in generative artificial intelligent.
Over the last few years, the Big…
Amazon makes its biggest profit since the lockdown shopping boom
Amazon has revealed its biggest profit since the lockdown online shopping boom after a leap in sales.
The internet retail giant said revenues in the third quarter of the year grew by 13pc to $143.1bn (£118bn), while profits more than…
California bans GM Cruise driverless cars
California regulators have banned Cruise's self-driving vehicles from state roads. This is a blow to the General Motors owned company, less than three month after they won the right for a robotaxi service.
California's Department of…
Amazon announces plans to deliver packages via drones in the UK and Italy
Amazon announced that it will begin delivering packages by drone in the UK and Italy for the first-time as part of its ambitious airborne program.
The American tech giant announced on Wednesday it would introduce autonomous aircraft…
Microsoft pays HMRC £136m amid US tax row
The software giant paid the money in the past 15 months as part of a "bilateral contract".
Microsoft paid HMRC £136m for back taxes as part of a deal reached with authorities regarding how the company shifts its revenues…
Google Pixel 8 Pro: Specs and Price Comparison, iPhone 15 Release Date and Release Date
Google wants to take on Apple Inc. with its new Pixel phones, which are more iPhone like than ever.
The Pixel 8 Pro and 8 are priced similarly to Apple's equivalents. They also have screens with flat edges and the ability to make payments…
Atomico, a European venture capital company, raises $1.1bn in order to combat the tech slowdown
Atomico, a European venture capital company, has raised $1.1bn in new funding for start-ups. This is despite a general slowdown in technology.
According to US regulatory filings the London-based group raised fresh money for its new…
Spotify’s boss calls on UK to tighten up regulation of tech gatekeepers
Daniel Ek, Spotify's CEO, has called on the UK government to take advantage of its freedom to implement new rules outside the EU that will reduce the dominance by big tech companies.
Ek said in an interview that the development of…