Technology
CMA clears Microsoft acquisition of Inflection AI assets
The Competition and Markets Authority (CMA) has approved Microsoft's acquisition of key personnel and intellectual property from Inflection AI, it announced on Wednesday, determining that the deal does not significantly impact competition in the artificial intelligence (AI) market.
Pinewood Technologies invests $4.2m in automotive AI firm Seez
Pinewood Technologies announced a strategic investment and commercial partnership with Seez App Holding, a leading global automotive artificial intelligence (AI) company, on Wednesday.
Mkango subsidiary Maginito inks exclusive deal with Inserma Anoia
Mkango Resources and its subsidiary Maginito announced a significant exclusive agreement with Inserma Anoia on Tuesday, to commercialise and optimise pre-processing technologies for rare earth magnet recovery from hard disk drives (HDDs), loudspeakers, and electric motors.
Uniphar reports first-half growth across its divisions
International diversified healthcare service provider Uniphar reported a solid set of first-half financial results on Tuesday, with notable growth across all of its divisions.
Studios, ad market rebound drives first-half growth for STV
STV Group announced a robust set of first-half financial results on Tuesday, with significant growth in both revenue and profit.
Cathay Pacific inspects all A350 jets after engine issue
Hong Kong's flag carrier was planning to axe an additional 10 return flights on Wednesday, following the discovery on Monday of a technical issue with a component of the Rolls-Royce manufactured engine of one of its A350 jets.
Oxford Nanopore reports steady first half amid market challenges
Oxford Nanopore Technologies reported a steady first-half performance on Tuesday, despite challenging market conditions.
Midwich confident after solid first half
Midwich Group reported a robust first-half performance amid challenging market conditions on Tuesday, with a 5. 8% increase in revenue to £646. 1m, or 7. 5% at constant currency.
HPE to pursue up to $4bn from Mike Lynch estate - reports
Hewlett Packard Enterprise (HPE) will continue its pursuit of up to $4bn in damages from the estate of the late Autonomy founder Mike Lynch, it emerged on Monday, despite his recent death.
Eden Research product granted temporary approval in Greece
Sustainable biopesticide developer Eden Research announced on Monday that its Cedroz product has been granted temporary approval in Greece for the 2024 growing season.
Intercede secures orders and renewals worth over $1.5m
Cybersecurity software company Intercede Group announced the securing of contract orders and subscription renewals on Monday, exceeding $1. 5m.
Ashtead Technology reports record first-half
Offshore equipment subsea equipment rental and solutions specialist Ashtead Technology reported record financial results for the first half of 2024 on Monday, driven by strong demand across both offshore renewables and oil and gas sectors.
Judges Scientific appoints new group commercial director
Judges Scientific, a company specialising in acquiring and developing businesses within the scientific instrument sector, announced the appointment of Dr Ian Wilcock to its board as group commercial director on Monday.
Ethernity confident despite delay in US aerospace contract approval
Data processing and semiconductor technology provider Ethernity Networks updated the market on its $1. 05m contract with a tier-one US-based aerospace system products provider on Monday.
SigmaRoc completes final acquisition of three-part strategy
Northern Europe-focussed lime and minerals group SigmaRoc announced on Monday that it has completed the acquisition of CRH’s Polish lime operations.
Sareum granted US patent on autoimmune therapeutic candidate
Clinical-stage biotechnology company Sareum Holdings announced on Monday that it has received a notice of allowance from the US Patent and Trademark Office (USPTO) for its patent on SDC-1801, a dual TYK2/JAK1 kinase inhibitor.
New Tristel CEO starts work, executive director leaves board
Infection prevention products manufacturer Tristel confirmed on Monday that Matt Sassone had officially assumed the role of chief executive officer, following the retirement of Paul Swinney.
Downing Renewables to acquire three Swedish hydropower plants
Downing Renewables & Infrastructure (DORE) announced its commitment to acquire three hydropower plants in Sweden on Monday, expanding its renewable energy portfolio.
Feedback secures funding to extend Oldham CDC pilot
Clinical infrastructure specialist Feedback announced the securing of further funding on Monday, to extend its Community Diagnostic Centre (CDC) pathway pilot at the Northern Care Alliance NHS Foundation Trust (NCA) site in Oldham.