Technology

A government-backed business whose technology can turn waste into jet fuel has been rescued in a deal in which it will be delisted from London's Aim. Velocys had been fearing for its future when a funding round fell apart late last year,…

According to a prominent music lawyer, the threat of a major copyright lawsuit looms over TikTok, because songs by Universal Music artists such as Taylor Swift and BTS are being used despite the label removing its catalogue from the…

The Guardian's staff is bracing for job cuts, after their bosses informed them that the publisher will make a £39million loss annually due to a slump on the digital advertising market. The Guardian's troubles, which were revealed to its…

A technology company powered by AI founded by three Oxford University grads will be acquired by a US group, making at least 12 of its employees millionaires. Entrust, an American payments and data security company, has acquired Onfido of…

A leading tech investor in the world has announced a profit for the first quarter since more than a full year. This was due to a windfall from T-Mobile shares and rising stock prices. Softbank posted a net income of $6.4 billion in the…

Uber Technologies reported its first annual operating profit in history. The demand for its ride-sharing business, advertising, and food delivery was a major factor. The company's operations generated $1.1 billion of income in 2023. This…

According to filings, Jeff Bezos will make more than $8 billion from the sale of a large stake in Amazon. The third richest man in the world, with a net worth of $185 billion (£146billion), is looking to sell up to 50 millions shares in…

Pouring £400 million of taxpayers' cash into a bankrupt satellite company in the middle of a pandemic was something of a head-scratcher for the public. But for Dominic Cummings, spending the money in June 2020 to rescue the British…

Alphabet disappointed its investors when holiday advertising sales fell below expectations. This overshadowed the company's efforts to develop artificial intelligence and cloud computing. Google, the owner of YouTube and Google, fell…

Alex Chriss, the CEO of PayPal, said that it plans to cut 2,500 jobs or 9% from its global workforce this year. In a memo sent to employees on Tuesday, the newly-appointed CEO explained that the decision had been made to "right size" the…

Microsoft's Cloud and Windows services helped it beat Wall Street forecasts of revenue for the second quarter. Analysts had estimated that revenue would be $61.12 billion, but it rose 18% to $62 billion. Microsoft's Intelligent Cloud…

If the UK Home Office refused an update under the proposed changes to existing laws, then it could not be released anywhere else and the public wouldn't be informed. The Government is looking to update the Investigatory powers Act (IPA)…

Spotify is claiming a victory in Europe over Apple by allowing in-app purchases and promotion of its services, which were previously prohibited. The new iPhone app for the Swedish streaming service will, starting in March, display…

Vertical Aerospace, an electric flying taxi company, received $50 million from its founder in order to stay airborne. Stephen Fitzpatrick is the Northern Irish businessman behind Ovo Energy. He will invest $25 million in equity capital…

In its latest round of funding, a start-up company that clones people's voice was valued at over $1 billion. This investment came from Silicon Valley heavyweights Andreessen Horowitz as well as Sequoia Capital. ElevenLabs converts…

Publishers complain that Google's dominance of internet search has put them "between rock and hard place" when it comes to using their copyrighted work as the basis for its artificial intelligence models. They claim that Google has a…

It is a difficult task to get students to attend a morning seminar. Even the most hungover of freshers would be attracted by a physics lecture from Albert Einstein, or a masterclass in design from Coco Chanel. Some universities are…

Google DeepMind used artificial intelligence (AI) to almost match the geometry problem solving skills of some of the brightest mathematicians in the world. This is a major step forward in the quest to apply this fast-growing technology for…