Tag:Technology sector

Apple loses EU court battle over €13bn tax bill in Ireland

Apple has lost a high-profile, €13bn (£11bn) Irish tax battle with Brussels in a decision that will bolster the European Commission’s efforts to clamp...

BP extends use of AI in five-year deal with spy tech firm Palantir

The oil and gas supermajor BP is to use artificial intelligence to speed up the decision-making of its engineers, after signing a five-year deal...

‘Throuples’ dating app Feeld nearly doubles turnover to £39.5m

A dating app aimed at alternative relationships nearly doubled its revenues last year as non-monogamous, queer and kinky users helped the UK-based business expand...

Poppy Gustafsson to leave Darktrace after sale to US private equity firm

Poppy Gustafsson, the co-founder and chief executive of the British cybersecurity firm Darktrace, is to leave the company after its $5.3bn (£4.2bn) sale to...

Advertiser exodus from X gathers pace with 26% ‘planning to cut spending’

More than a quarter of advertisers are planning to cut spending on Elon Musk’s X over concerns about the social media platform’s content and...

Hewlett Packard to pursue Mike Lynch’s estate for up to $4bn

Hewlett Packard Enterprise has confirmed it will push ahead with a high court lawsuit against the estate of the deceased tech tycoon Mike Lynch...

Publish data on ride-hailing apps ‘to cut exploitation and emissions’, say campaigners

Uber and other ride-hailing apps should be forced to publish data on drivers’ workloads so that regulators can tackle exploitation and cut carbon emissions,...

VAT should be cut on refurbished electricals, says Currys boss

The UK government should slash VAT on refurbished electrical products to keep gadgets out of landfill, according to the boss of Currys. “It has already...

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Illinois Supreme Court reverses actor Jussie Smollett’s conviction

SPRINGFIELD, Ill. — The Illinois Supreme Court has reversed the conviction of actor Jussie Smollett. The former “Empire” actor took his...
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The Houthis Aren’t Going Anywhere

This week marks the one-year anniversary of the Houthis’ hijacking of the Galaxy Leader. On Nov. 19, 2023, military personnel...

STMicro Sets Long-Term Goals on Capital Markets Day

STMicroelectronics, a worldwide leader in the semiconductor industry, made a significant announcement during its Capital Markets Day held...

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