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Medical device simulator specialist Envoke secures £1m investment
Tech
It is the second round of investment for the Yorkshire tech firm which is eyeing a Series A round
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BT hikes dividend as profits rise - but shares fall on gloomy outlook
By City AM
The company has declared a final dividend of 5.76p per share, bringing its full-year dividend to 8.16p, an increase of two per cent on the previous year
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T-Rex leather being developed by Newcastle scientists
Tech
The world first material is derived from synthetic T-Rex DNA, but is likely to come with a hefty price tag when it is eventually developed into products
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Vodafone plunges to £3.8bn loss as German business continues to struggle
By City AM
The telecoms giant posted a pre-tax loss of €1.4bn for the year to end March, compared to a profit of €1.6bn the previous year
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Swansea wifi provider set up with just £750 acquired in a multi-million-pound deal
Deals
Camping Connect has been acquired by leading European wifi and connected solutions firms Passman Group
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Tyneside tech firm Aspire Technology Solutions awarded a Royal Warrant
Technology
The Gateshead business is one of just five from the North East to have secured the prestigious award
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Deloitte creating 100 jobs with new technology centre in Manchester
North West
'Our investment will further support Greater Manchester’s ambition to be a leading digital and AI demonstrator region'
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Microsoft is past its glory days and the stock is a sell, says º£½ÇÊÓƵ fund manager
By City AM
Liontrust's innovation fund team, which is made up of Clare Pleydell-Bouverie, Storm Uru, and Jamie Clark, told City AM that they sold out of the tech giant's shares in the fund's portfolio
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Government urged to break up Apple and Google's duopoly over app stores
By City AM
The Competition and Markets Authority (CMA) must be "beefed up" to deliver faster and more forceful interventions in digital markets, especially against "exploitative practices" like excessive commission fees charged by Apple and Google
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Filtronic scoops significant Airbus satellite contract with potential for more to come
Deals
It is another valuable European space sector deal for the North East firm
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Sage hails AI progress as it books substantial margin and earnings growth
Company Results
The global tech giant's Tyneside team has fundamental in developing its AI assistant, Sage Copilot
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Space Forge in biggest ever Series A fundraising round in the º£½ÇÊÓƵ's space sector
Tech
The Cardiff-based start-up has secured a £22.6m investment from a consortium of global investors led by the NATO Innovation Fund
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US web hosting giant GoDaddy's º£½ÇÊÓƵ division returns to profit after $70m loss
By City AM
The Nottingham-headquartered division has reported a pre-tax profit of $4.2m (£3.15m) for 2024
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Tekmar Group seals deal for work on wind farm off Scottish coast
Deals
The firm has won the contract with Charles Brand, a Belfast based civil engineering business founded 190 years ago.
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14 'smart hubs' to be installed in Newquay despite concerns
Business Improvement District
The town's business improvement district has welcomed the plans but some residents aren't happy
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Virgin Media O2 and Daisy Group announce plans to create new communications and IT giant
By City AM
The move will see Virgin Media O2 and Daisy Group combine their direct B2B (business to business) operations
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Merseyside to receive millions in funding for 'jobs of the future' and to help turn 'eureka moments' into innovative businesses
North West
£30m awarded to universities working with industry partners across country
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Playtech shares plummet 60% post-massive dividend from Snaitech sale
By City AM
The gambling software firm paid out almost £1.5bn as a special dividend from the sale of its Italian consumer arm Snaitech to Flutter during last year.
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Alphabet - Google's parent company - plunges as Apple eyes tech giant overhaul
By City AM
Alphabet suffered its biggest drop in shares since October on Wednesday, with the iPhone maker hinting to a strategic shift to AI-powered rivals and a probe from º£½ÇÊÓƵ regulators looming
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Welsh Government takes £2m equity stake in Cornish tidal energy firm
Deals
Its investment will be deployed by Inyanga Marine Energy Group to test and deploy its tidal turbine technology off the coast of Anglesey
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Vodafone's chief financial officer Luka Mucic to quit the firm after just 18 months
By City AM
Luka Mucic will leave the FTSE 100 company "no later than" the spring of 2026, at which point he will have been chief financial officer for just over three years in total
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Palatine backs AI and data consultancy Atombit as it makes three acquisitions
Technology
Private equity firm vows to help new partner build 'world-class platform for growth'
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Robotics firm RoBAT snapped up by Swedish group
Technology
Bermans advises on Mycronic's deal for Macclesfield-based RoBAT
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Newcastle tech firm Ceto raises $4.8m to drive forward platform and create new jobs
Deals
Founder Tony Hildrew says the funding positions Ceto to deliver technology that sets a new standard for maritime operations
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