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Technology
Epic Games accuses Samsung of blocking rivals
Epic Games, a video game developer that makes Fortnite, accused Alphabet and Google, as well as Samsung - the largest Android phone maker in the world - of conspiring together to protect Google Play Store from competition. Epic filed a suit…
Meta Ray-Ban review: All the AI perks without looking like a technology bro
Mark Zuckerberg unveiled Meta, a pair of smart glasses that translate languages while on the move. He also revealed an artificial intelligence assistant with a voice that sounds like Dame Judi. The Silicon Valley billionaire presented the…
OpenAI CEO to earn $10bn from shift to for-profit model
OpenAI's chief executive is on track to join the ranks of Big Tech Billionaires if the company adopts a "for profit" model. Sam Altman, 39 years old, may be given a 7 percent stake in ChatGPT. The American startup was founded in 2015 as a…
Elon Musk demands boycott of “Soviet” UK for snub at business summit
Elon Musk escalated his verbal war with the UK Government after being refused an invitation to a upcoming business investment conference. The Tesla billionaire responded to the news about the snub by saying: "I do not think anyone should…
PwC partners face pay cuts as profits fall
PwC's 1,036 UK-based partners received an average of £862,000 in profits for the year ending June. This is down from £906,000 a decade ago, when Britain's largest auditor invested in its business. Total revenue (which includes UK, Middle…
Oxford Metrics faces profit warning
Oxford Metrics warned its profits this year would be "materially lower" than expected, wiping out about a fifth of the share price.
Smart Sensing Software, whose products are used to create the digital avatars of Abba Voyage, the virtual…
Avantis grows as demand for VR in US Schools increases
With the virtual-reality headsets from Avantis, students can travel back to the trenches of World War I or even into outer space. To oversee the Gloucester-based firm's fastest-growing US market, real-world sales teams still visit schools…
Tupperware’s party is over, as the company files for bankruptcy
Tupperware's airtight containers, which have become synonymous for food storage, appear to be on their way out. The American kitchenware firm has filed for bankruptcy in its struggle to survive. Tupperware Brands is asking the court for…
Take a chance on the augmented reality glasses but are they seeing clearly?
Evan Spiegel, co-founder of Snap and its chief executive, describes building augmented reality glasses as "a journey", "a blue ocean strategy", or a leap into a new territory.It is a holy grail of technology to be able to incorporate highly…
THG spins off tech services to fix the balance sheet
THG, the struggling online beauty and nutrition company, has announced that it will spin off its technology division in order to improve its balance sheet and share performance.
The Manchester-based company said that it was "actively…
Chinese startup aims to achieve nuclear fusion for half the price of US competitors
China is racing with the West to commercialise the revolutionary clean energy. A Shanghai-based start-up wants to raise $500mn for the development of cheaper nuclear fusion technologies.
Since decades, nuclear fusion - where hydrogen…
Apple loses landmark tax dispute with the EU
Apple lost a €13-billion battle against unpaid taxes, a landmark in European Union law over "sweetheart tax deals".
The European Court of Justice reversed an earlier ruling that favored the technology group and found that Ireland…
Feeld, a dating app that ‘triples’ in popularity, nearly doubles its revenue to £39.5m
The UK-based company's revenue nearly doubled last year, as users who are non-monogamous and queer helped it expand to other countries.
Feeld was founded by a couple of entrepreneurs in an open relationship. The company has stated that…
Reaction Engines Faces Investor Writedowns as Valuation Plummets
In a significant setback for British aerospace innovation, Reaction Engines, the company developing a revolutionary space vehicle engine, has seen major investors drastically reduce the value of their stakes. Artemis, a prominent…
Chinese EV Maker Xpeng Unveils Low-Cost Electric Car with Self-Driving Capabilities
Chinese electric vehicle manufacturer Xpeng has launched a new, affordably priced electric car that incorporates technology acquired from ride-hailing giant Didi's failed attempt to enter the highly competitive automotive market in China.…
Kaikaku The London Startup Revolutionising Fast Food with Robot Chefs
In the heart of London, a pioneering startup is set to transform the fast food industry with its innovative robot chefs. Kaikaku, founded by a group of young entrepreneurs, has raised £1.9 million to develop a cutting-edge machine system…
Bacteria Revolutionising Rare Metal Extraction for Green Tech
As the world grapples with the pressing issue of climate change, scientists at the University of Edinburgh have forged an unconventional partnership in their quest for sustainable solutions. By harnessing the power of bacteria, they aim to…
Nvidias Meteoric Rise Can Anything Halt Its Momentum
In the realm of semiconductor giants, Nvidia has emerged as the undisputed frontrunner in the race to develop chips that power the explosive growth of artificial intelligence (AI). The company's meteoric rise has been nothing short of…