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Nvidia dethrones Apple as world's most valuable company in stock market shake-up
By City AM
Nvidia's market capitalisation hit $3.43t (£2.66t) at close on Tuesday after the stock rose nearly three per cent, edging out Apple's $3.38t (£2.62t)
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Wise's shares soar as customer growth fuels 51% profit surge, plans to cut fees further
By City AM
The money transfer fintech reported a pretax profit of £292.5m for the six months to 30 September, up 51 per cent from £194.3m during the same period last year.
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Manchester leaders join forces as Ladbible and Onthebeach founders back Fearless Adventures
North West
Fearless' Dominic McGregor says 'With their guidance, we are confident in our ability to drive growth'
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º£½ÇÊÓƵ and South Korea resume trade talks focusing on tech and digital services expansion
By City AM
The º£½ÇÊÓƵ and South Korea share a trade relationship worth some £17bn in the year to June 2024, officials said, with the talks the third to resume post-Labour's election win
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Middlesbrough games studio Radical Forge creates jobs with £2.6m funding
Technology
15 new roles will be created as the firm gears up to launch its own game and take on new, larger contracts
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South West tech sector to be supported by new advisory board
Technology
A group of industry experts will work together to drive innovation and growth within the region's technology industry
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Tyneside's TSG acquires Aylesbury firm in 'multimillion-pound' deal
Deals
The deal expands TSG's reach in the education sector
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º£½ÇÊÓƵ Competition Authority sets terms for Vodafone and Three's £15bn merger
By City AM
The Competition and Markets Authority (CMA) has suggested a range of investments in the merged company's network across the º£½ÇÊÓƵ, including the roll-out of 5G
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Britishvolt administrators move to liquidate failed gigafactory firm
HMRC
It had been hoped that the project would create thousands of jobs in Northumberland but the plans never came to fruition
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Revenues and earnings rise at Vianet following investment in US business operations
Technology
CEO James Dickson said he looks ahead to the future with great optimism
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Tyneside tech firm Aspire expands into Yorkshire with latest acquisition
Deals
The Gateshead former Company of the Year has swooped for Cloud CoCo Ltd
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Howard de Walden Estate invests £52m in new Healthtech hub at Harley Street
By City AM
The Howard de Walden Estate has opened a leading Healthtech hub at Portland Place, after announcing a £52m investment in a new development centred on Hale House
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Singapore's Winking Studios eyes London AIM market for dual listing, expansion plans
By City AM
The company, which ranked third in Asia and fourth globally in revenue, has nine offices across Asia and collaborations with 22 of the world's top 25 game developers
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Filtronic points to more contracts in the pipeline as expansion takes shape
Technology
The high tech manufacturer says it is on course to meet expectations in 2025
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Chancellor Rachel Reeves' tax hikes 'punish risk-takers and could stifle innovation'
By City AM
The government has increased the lower rate of capital gains tax from 10 to 18 per cent, and the higher rate from 20 to 24 per cent. It also hiked employers' NICs by 1.2 per cent to 15 per cent.
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Chancellor announces major investment in º£½ÇÊÓƵ tech and creative sectors in Autumn Budget
By City AM
Rachel Reeves today said the government would 'capitalise' the National Wealth Fund to back industries set for future growth, including gigafactories, ports, and green hydrogen
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Sunderland cyber security firm seals £625,000 investment to trigger growth
Deals
Part of the funding for FAT32 comes from the new Venture Sunderland Fund
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Alphabet's Google Cloud division drives revenue surge, beating market expectations
By City AM
Alphabet's revenue for the quarter totalled $88.3bn (£67.8bn) compared to $76.4bn (£58.7bn) in the same quarter last year.
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Virgin Media O2 divests further stake in Cornerstone Towers to Equitix for £186m amidst revenue dip
By City AM
The deal, which leaves the telco with just over 25 per cent of Cornerstone after selling 8.33 per cent, involves a 16.66 per cent stake in a holding company that owns half of Cornerstone.
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University spinout life sciences firm Llusern Scientific boosted with equity investment
Deals
The University of South Wales spinout firm has secured investment from the Development Bank of Wales
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Chief executive of one of Wales' leading tech firm IQE quits with immediate effect
Technology
The search has been launched to find a replacement to Americo Lemos as the firm's share price tumbled
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Maritime tech firm SRT Marine secures £31m in funding
Deals
The finance package includes equity and bridging finance
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Tech firm Kromek remains loss-making despite record revenues
North East
The County Durham business has been named as one of the most innovative in the º£½ÇÊÓƵ but has struggled to fully commercialise its products
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Fintech firm secures £1.35m prize at pitching competition
West Midlands
Inicio AI was chosen ahead of 140 other applicants to take home the reward at the One to Win event
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