Technology
Twitter insists $44bn Musk deal will go ahead
Twitter has insisted that Elon Musk’s $44bn takeover will go ahead, despite the Tesla billionaire claiming to put the deal on hold over a row about fake accounts.
Darktrace executive named in Autonomy ruling - report
Shares in Darktrace fell sharply on Wednesday, after a senior director of the cyber security specialist was linked to the legal row over Autonomy’s sale to Hewlett Packard.
NatWest mulling business lending tech venture with Belgium's Aion
NatWest Group could soon launch an online-based lender for small businesses, it emerged on Tuesday, in a bid to attract small-to-medium enterprises that might usually be seen as uneconomic by the big banks.
T42 wins security seal order from Bulgaria
Container and freight security and monitoring technology company T42 IoT Tracking Solutions announced a commercial order from security seal supplier Olimp Bulgaria on Tuesday.
Osirium signs first United States customer
Cloud-based cybersecurity and automation software company Osirium has signed its first customer in the United States, it announced on Tuesday, via one of its channel partners.
Ad tech firm Tremor flags record first quarter
Advertising technology company Tremor International reported a record first quarter financial performance on Tuesday, with a 13% year-on-year rise in its measure of ‘contribution excluding traffic acquisition costs’ (ex-TAC), to $71m (£56. 9m).
Accesso Technology begins 2022 positively
Leisure and entertainment technology company Accesso Technology Group said in an update on Tuesday that it had started 2022 positively.
Synairgen posts positive clinical trial data for SNG001
Shares of Synairgen caught a bid following the release of clinical trial results which appeared to show that its SNG001 formulation against Covid-19 might lower the risk of severe disease or death in the most at risk patients.
Deutsche Bank and JP Morgan lower their target prices for Rolls Royce
Analysts at Deutsche Bank and JP Morgan lowered their target prices for Rolls Royce following medium-term guidance from the aerospace engineer.
Volex completes acquisition of inYantra Technologies
Integrated manufacturing and power products company Volex announced on Monday that it has completed the acquisition of inYantra Technologies.
Proteome Sciences maintains strong order book
Proteome Sciences said in an update on Monday that it had maintained a strong order book after recording a small profit in 2021.
Neometals inks battery recycling plant deal with Mercedes
Neometals announced on Friday that its battery recycling joint venture Primobius has signed a cooperation agreement with the Mercedes-Benz recycling subsidiary Licular.
ThinkSmart set to return £2.5m to shareholders
ThinkSmart updated the market on its plans to return £2. 5m to shareholders on Friday, announcing that a general meeting to approve the return would be held on 29 June.
Silverbullet inks joint venture deal with Making Science
Data and digital service provider Silverbullet has entered into a joint venture agreement with Making Science Group, it announced on Thursday, to combine their respective products, services, and talent to deliver solutions for the “privacy-first, post-cookie era”.
Ideagen reports year of growth ahead of its likely takeover
Compliance software company Ideagen reported a “year of continued organic growth” in a trading update on Thursday, augmented by strategic acquisitions.
Ilika flags development delays as full-year losses widen
Solid state battery technology company Ilika said in an update on Wednesday that trading for the financial year just ended was in line with management expectations.
Polarean inks long Covid research deal with Oxford NHS trust
Medical imaging technology company Polarean announced a research collaboration with Oxford University Hospitals NHS Foundation Trust (OUH) on Wednesday, to study the long-term effects of Covid-19 in patients with breathing difficulties months after initial infection.
DeepMatter signs second deal with South Korea's Standigm
Digital chemistry and software company DeepMatter has signed a second multi-year licensing and collaboration agreement with Standigm, it announced on Wednesday.
Losses widen, cash burn grows for Mirriad Advertising
In-content advertising platform Mirriad said in its final results on Wednesday that it “broadly maintained” year-on-year revenue at £2m, down from £2. 2m, despite the continuing impact of Covid-19.
Citi says shares may not have priced in a full-blown recession yet
The stock market may not have discounted a full-blown recession just yet, analysts at Citi said.