Technology

Reporting on the technology sector: software, AI, semiconductors, platform regulation, cyber-security and the deal-flow inside the industry that increasingly powers everything else.

Hackers steal company data in WH Smith cyber attack
Technology9 March 2023

Hackers steal company data in WH Smith cyber attack

​High street newsagent chain WH Smith has revealed it was the subject of a cyber attack in which hackers gained access to corporate data. The retailer said that information about both current and previous employees was accessible to hackers. It empha...

UK chip giant Arm snubs LSE in favour of New York
Market3 March 2023

UK chip giant Arm snubs LSE in favour of New York

​Three UK prime ministers failed to persuade a prominent Cambridge microprocessor inventor to list on the London Stock Exchange (LSE), it has been revealed. On Thursday night, Japanese-owned Cambridge-based Arm announced it would list on the New York...

Instagram and Facebook to 'do a Twitter'
Technology20 February 2023

Instagram and Facebook to 'do a Twitter'

Instagram and Facebook are 'doing a Twitter' and introducing a blue tick verification system, according to parent firm Meta. The monthly fee for Meta Verified will be $11.99 (£9.96) for web users and $14.99 for iPhone users. This week, it will be acc...

Elon Musk found not guilty of deceiving investors
Business6 February 2023

Elon Musk found not guilty of deceiving investors

Tesla and SpaceX founder Elon Musk has been exonerated of misleading investors in a 2018 tweet. A jury concluded that Elon Musk did not deceive his investors when he tweeted in 2018 that he had the money to take Tesla private. Due to the SpaceX owner...

A round-up of crypto failures
Technology23 January 2023

A round-up of crypto failures

The lending division of the American cryptocurrency startup Genesis filed for bankruptcy protection ​last week​, becoming the newest business to fail as a result of a market crash that reduced the value of crypto tokens by almost $1.3 trillion l...

Software giant Microsoft to axe thousands of jobs
Technology18 January 2023

Software giant Microsoft to axe thousands of jobs

One of the largest tech firms in the world, Microsoft, is getting ready to lay off thousands of employees as a result of the weakening global economy. According to technology press reports, the US software giant may soon reveal intentions to delete a...

Elon Musk sets wealth destruction record
Business11 January 2023

Elon Musk sets wealth destruction record

​Elon Musk has set a new world record for losing the most amount of money ever. The CEO of Tesla and Twitter has lost so much money since November 2021 that, according to Guinness World Records, the international body that keeps track of record accom...

Amazon to axe 18,000 jobs amid economic uncertainty
Technology5 January 2023

Amazon to axe 18,000 jobs amid economic uncertainty

​The largest round of layoffs in Amazon's history will result in 18,000 job losses, the company has stated. The e-commerce giant's brick-and-mortar locations, including Amazon Fresh and Amazon Go, will be particularly hit by the changes, chief execut...

Bahamas police swoop on founder of bankrupt crypto firm FTX
Business13 December 2022

Bahamas police swoop on founder of bankrupt crypto firm FTX

​The creator of the insolvent cryptocurrency company FTX, Sam Bankman-Fried, has been detained by Bahamas police. According to the attorney general of the nation, the Bahamas have received official information from the US that criminal charges have b...

UK, Italy and Japan to collaborate on new fighter jet
Technology9 December 2022

UK, Italy and Japan to collaborate on new fighter jet

​The UK, Italy, and Japan will work together to create a new artificial intelligence-powered fighter jet, according to UK Prime Minister Rishi Sunak. The collaborative company will aim to increase security ties and generate thousands of jobs in the U...

ESA mulls Solaris plan to beam solar energy from space
Technology22 November 2022

ESA mulls Solaris plan to beam solar energy from space

The US, China and Japan are also advanced in the race to develop space-based solar power and are expected to announce their own plans shortly. Separately from the ESA proposal, in the UK, a company, Space Solar, has been formed. It aims to demonstrat...

Climate change: Five key takeaways from COP27
Technology20 November 2022

Climate change: Five key takeaways from COP27

ReutersBy Matt McGrathEnvironment correspondent1: The biggest win on climate since Paris...?A new funding arrangement on loss and damage - a pooled fund for countries most affected by climate change - has been hailed as a "historic moment". It can be...

Artemis: Nasa expects humans to live on Moon this decade
Technology19 November 2022

Artemis: Nasa expects humans to live on Moon this decade

NASABy Rob CorpSunday with Laura KuenssbergHumans could stay on the Moon for lengthy periods during this decade, a Nasa official has told the BBC.Howard Hu, who leads the Orion lunar spacecraft programme for the agency, said habitats would be needed ...

COP27: Climate summit runs over as talks hit gridlock
Technology18 November 2022

COP27: Climate summit runs over as talks hit gridlock

Getty ImagesBy Georgina RannardClimate reporter in Sharm el-SheikhA promise from the developed world to foot more of the climate bill has raised fresh hopes of breakthrough at the UN climate summit COP27.Nations meeting in Sharm el-Sheikh, Egypt, are...

'Landmark vote' gives boost to threatened sharks
Technology18 November 2022

'Landmark vote' gives boost to threatened sharks

"The proposals adopted today for the requiem and hammerhead sharks, championed by the government of Panama, will forever change how the world's ocean predators are managed and protected," said Luke Warwick, director of shark and ray conservation at t...