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The Latest Breaking News on European tech

20 new jobs created as IT firm picks Glasgow for Scottish HQ

The digital transformation specialist is now located on West George Street

Insider UK

Prevention vs promotion is hurting female-led companies

Unconscious bias from investors has historically led to fewer female entrepreneurs being backed

Insider UK

Italian acquisition boosts Stelrad revenues as firm warns of challenging market

The premium steel panel radiator maker is due to publish full year preliminary results in March

Birmingham Post

From analysis to the latest developments in health,
read the most diverse news in one place.

Fortescue to make own electrolysers after joint venture collapses

Fortescue will manufacture electrolysers developed in-house at its $114 million production facility following the collapse of its partnership with US-based supplier Plug Power. Electrolysers will still be procured from Plug Power for other projects, however, according to Fortescue Future Industries (FFI) chief executive Mark Hutchinson. Plug Power informed investors of…

InnovationAus

Newcastle's NBS acquires building specification specialist Schumann International

A new consultancy called NBS Schumann has been launched following the deal

Birmingham Post

Software giant SAP to shed 3,000 from its global workforce

SAP plans to cut 3,000 jobs, or 2.5pc of its global workforce, and explore the sale of its remaining stake in Qualtrics, as the Germany software company looks to cut costs and focus on its cloud business.

Irish Independent

Israel's high-tech economic engine balks at govt policies

Israel’s tech industry has long been the driving force behind the country’s economy

The Independent UK

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Britishvolt ‘collapsed owing £120m’ as UK car industry reports dismal year

Several bids are understood to have been made for assets of failed electric vehicle battery startup

The Guardian - UK

‘I’d be comfortable we will continue to win US investment’ – IDA chief Mary Buckley

In a small hotel meeting room opposite the train station in Davos, Mary Buckley takes out her own Irish teabags. The coffee machine in the rented facility is based around cartridges and the Limerick-born interim CEO of IDA Ireland doesn’t want to take any chances.

Irish Independent

Rising living costs take toll on spending

Cautious spending, flexible payment and authentic automation are among the key consumer trends to look out for in Thailand this year, according to London-based market research firm Euromonitor International.

Bangkok Post

BWX Technologies Stock Showing Rising Market Leadership; Earns 81 RS Rating

A Relative Strength Rating upgrade for BWX Technologies shows improving technical performance.

Investors Business Daily

Ministers will look ‘seriously’ at any credible Britishvolt takeover bids

Britishvolt collapsed into administration a week ago, making the majority of its roughly 300 workers redundant.

The Independent UK

Dutch hacker obtained virtually all Austrians' personal data, police say

A Dutch hacker arrested in November obtained and offered for sale the full name, address and date of birth of virtually everyone in Austria, the Alpine nation's police said on Wednesday.

Reuters

Corlytics acquires ING SparQ in €5m deal

The Dublin-based regtech firm Corlytics has acquired a software spinout from the Dutch bank ING for a €5m “aggregate deal value”.

Irish Independent

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Miami Herald

Cuba wants Russia’s advice on market reforms as Putin seeks more trade with the island

After much hesitation about how to deal with small and medium-size private enterprises it authorized in 2021, the Cuban government is turning to Russia for help with market reforms on the island through a partnership with a Russian think tank headed by sanctioned oligarch Oleg Deripaska, as the two countries…

Livemint

Prosus to cut 30% of corporate staff in latest tech layoffs

The job cuts will take place over the next year and about 15 locations will be affected

Birmingham Post

Historic spring maker John Binns & Sons snapped up by French engineering firm CGR

The 128-year-old North Yorkshire firm is said to have recently invested in new technology

Birmingham Post

Australian startup tables bid for Britishvolt to revive £3.8bn gigafactory ambitions

Recharge Industries is reported to be up against competition from 12 other bidders for the collapsed electric battery business

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Chronicle Live

Britishvolt: Australian startup tables bid for collapsed North East battery business

The founder of Recharge Industries is reported to be visiting the Blyth site and meeting Government officials

Birmingham Post

Cornwall electronics manufacturer appoints new managing director

Falmouth-based Sellectronics has said it hired Jon Hurrell to oversee the next stage of its growth

Irish Independent

Isme seeks opt-out for small firms from EU law tackling human rights, labour and climate abuses

Small Irish companies are fighting for opt-outs from a draft EU law that would make them liable if their suppliers violate human rights, labour or climate rules.

Bangkok Post

Somchai picked to stay on as executive at AIS

Somchai Lertsutiwong, chief executive of Advanced Info Service (AIS), will continue in his leadership role at the country's leading mobile operator for at least another year, says Sarath Ratanavadi, vice-chairman of the company's board.

Investors Business Daily

What To Expect When IBM Reports Fourth-Quarter Earnings

IBM stock showed renewed strength in December, as the information technology giant gets set to report fourth-quarter earnings late Wednesday.

StockNews.com

Is It Smart to Store Your Money in Pure Storage Stock This Winter?

Data storage solutions provider Pure Storage (PSTG) delivered strong financial results in the third quarter, with strong revenue growth and increasing operating profits. PSTG’s innovative portfolio and unique Flash-optimized technology position the company to witness sustained growth in the upcoming quarters. However, is it wise to invest in this data…

Birmingham Post

Gloucestershire precision engineering tool supplier acquires local competitor

Stroud-based C R Hollands Industrial Supplies has completed a deal with Gloucester’s Concept Tooling UK for an undisclosed sum

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