What3words: Losses slashed as jobs cut and sales double April 22, 2025 What3words shed jobs and significantly cut its pre-tax loss as sales more than doubled in 2024, it has been revealed. The London-headquartered tech business, which is backed by ITV, Mercedes-Benz and former F1 champion Nico Rosberg, has reported a pre-tax loss of £10.6m for its latest financial year, down from the £16.4m it posted for 2023. New accounts filed with [...]
The secrets of LinkedIn’s algorithm and growing on social media April 14, 2025 The UK boss of LinkedIn has revealed her top three tips to help boost your profile on the social media platform.
Government’s privacy dispute with Apple ‘really strange’, expert says April 14, 2025 The government’s position in its privacy and encryption row with Apple is “really strange” and “doesn’t make sense”, an expert has said. Earlier this year, it was reported that the government had issued a notice under the Investigatory Powers Act 2016, asking Apple for the ability to access data from Apple users. This was said [...]
Microsoft cuts UK jobs as sales near £10bn and profit surges April 8, 2025 Microsoft shed more than 200 UK jobs in the year its turnover jumped to almost £10bn, it has been revealed. The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show. The reduction comes after Microsoft’s headcount grew from 4,955 in [...]
LinkedIn shouldn’t be like Facebook – UK boss April 7, 2025 LinkedIn should be kept as a professional network and not turned into a new version of Facebook by its members, the UK boss of the social media site has said. Speaking on an up-coming episode of CityAM‘s Boardroom Uncovered podcast, country manager Janine Chamberlin said that while there has been a lot of new [...]
MintStars: ‘Ethical’ OnlyFans rival more than doubles in value March 25, 2025 MintStars, a start-up launched as an ‘ethical alternative’ to OnlyFans, more than doubled in value during its latest financial year, it has been revealed. The challenger was established by Jessica Van Meir and Daniel Sargent, who serves as its chief executive, in 2022. In an interview with CityAM last year, Van Meir said the [...]
Computacenter: Tech group notes record performance in North American market March 18, 2025 Leading independent technology and services provider Computacenter has reported a mixed set of full-year results for 2024 despite a record performance in North America in the second half. Revenue inched up 0.6 per cent to £7bn while adjusted profit before tax fell 8.6 per cent to £254m. The company said a strong performance at its [...]
Oracle: Tech giant passes UK milestone as profit jumps March 7, 2025 US technology giant Oracle has reported sales in the UK of more than £2bn for the first time as its profit jumped by over 20 per cent. Oracle, which in 2023 was the third largest technology company in the world by revenue behind Microsoft and Google, is the title sponsor of the Red Bull F1 [...]
Airbnb: Top UK and Northern European boss checks out March 4, 2025 Airbnb’s top boss in the UK and Northern Europe is to step down after four years in the role. Amanda Cupples was appointed general manager for the region in March 2021 and was responsible for UK, Ireland, Netherlands and the Nordics. Australian Cupples joined Airbnb from digital health company Babylon Health where she was first [...]
CurrentBody: Owner of beauty tech firm used by Kim Kardashian and Serena Williams eyes £350m London Stock Exchange float February 4, 2025 The group behind beauty technology company CurrentBody is eyeing a float on the London Stock Exchange which could be worth £350m. The Beauty Tech Group has lined up Berenberg to lead the business through an initial public offering (IPO), according to a report first published by Sky News. The group is headquartered in Manchester and [...]