Technology
Seeing Machines revenue rises, cash outflows narrow
Seeing Machines reported a 17% revenue increase in its year-end results on Thursday, to $67. 6m, aligning with market expectations as regulatory momentum fuelled demand for its driver monitoring technology.
Augmentum Fintech to exit investment in FullCircl
Augmentum Fintech announced on Thursday that nCino, a Nasdaq-listed digital banking platform, had agreed to acquire FullCircl, a regulatory technology (RegTech) platform in which it holds an interest.
Eckoh agrees to be acquired by Bridgepoint funds
Secure payments and customer engagement software provider Eckoh announced on Wednesday that it has agreed to be acquired by Eagle UK Bidco - an indirect subsidiary of funds managed by Bridgepoint Advisers II.
Team17 taps industry veteran Varachia as its new CFO
Video game developer and publisher Team17 announced the appointment of Rashid Varachia as its new chief financial and chief operating officer on Wednesday.
BioVentix reports year of growth, warns of geopolitical risks
BioVentix, a UK-based developer of high-affinity monoclonal antibodies for clinical diagnostics, reported a 6% improvement in full-year revenue on Monday, to £13. 6m, up from £12. 82m in the prior year.
Philips lowers sales outlook amid China weakness
Philips reported flat comparable sales of €4. 4bn for its third quarter on Monday, as the Dutch medical devices maker faced a significant decline in demand from China.
Kooth refutes reports of slow uptake for its mental health service
Kooth issued a statement addressing recent share price movement on Friday, following an article on 24 October that it said contained outdated information on its California operations.
Learning Technologies extends takeover talks with General Atlantic
Learning Technologies Group announced an extension of the ‘put up or shut up’ (PUSU) deadline in its ongoing discussions with General Atlantic on Friday, after the latter recently made a conditional approach to acquire it for 100p per share in cash.
Intel wins 15-year legal battle over massive EU fine
Intel emerged victorious in a lengthy legal battle with the European Union on Thursday, as the bloc's top court ruled in its favour, dismissing a €1. 06bn antitrust fine.
Eurowag reports strong year-to-date performance
WAG Payment Solutions, trading as Eurowag, reported a strong financial performance for the first nine months of the year on Thursday, with total net revenue growing 17. 4% to €215. 7m.
Boeing losses deepen on machinist strike, programme charges
Boeing reported a significant widening of its losses in the third quarter on Wednesday, driven by a combination of work stoppages, higher costs, and programme charges.
Image Scan ends year in strong position
Image Scan reported a strong trading performance for the financial year just ended on Wednesday, with profits set to meet market expectations.
Cordel AI overhead measuring tech gets Network Rail approval
Cordel Group announced on Wednesday that Network Rail has granted approval for the use of its AI-powered technology to measure overhead line equipment (OLE) on electrified railway lines.
Reeves considering tax hike on Amazon, online retailers - reports
Chancellor of the Exchequer Rachel Reeves is considering a tax increase on large e-commerce companies like Amazon in her upcoming budget, according to reports on Tuesday, in a bid to support the UK’s ailing high street.
System1 pleased with second quarter trading
System1 Group reported strong second-quarter growth in a trading update on Tuesday, driven by a significant increase in platform revenue.
Newmark Security confident despite some contracts slipping into H2
Electronic and physical security systems provider Newmark Security reported continued progress in an update on Tuesday.
CleanTech extends Laguna Verde payment terms
Chile-focussed sustainable lithium developer CleanTech Lithium announced an agreement to extend the payment terms for the second stage of its acquisition of the Laguna Verde licences on Tuesday.
Alphawave IP flags another strong quarter
Alphawave IP reported a robust third-quarter performance on Tuesday, marking the fourth consecutive quarter with bookings exceeding $100m.
Mind Gym flags mixed first half, appoints new finance chief
Human capital and business improvement specialist Mind Gym reported a mixed first-half performance on Tuesday, in line with expectations as it continued its strategic transformation.
LPA Group appoints new chief executive
Electronic and electromechanical components and systems specialist LPA Group announced the appointment of Philo Daniel-Tran as its new chief executive officer on Tuesday.