Tech giants post sluggish financial results as sector struggles continue
Technology giants Alphabet, Amazon and Apple all posted disappointing financial results on Thursday as businesses continue to face challenging global economic issues. Google’s parent company Alphabet posted lower profits and only a small revenue increase, while
UK Tech Nation start-up organisation to close after British Government pulls funding
Tech Nation, the UK organisation that supports tech start-ups, has announced it will cease operations at the end of March after the Government withdrew its core grant funding. Founded in 2010, the organisation has supported the
US justice department sues Google over digital advertising dominance
The US justice department and eight states sued Google on Tuesday, alleging that its dominance in digital advertising harms competition. The US government alleges that Google’s plan to assert dominance has been to “neutralise or eliminate”
Google parent firm Alphabet to cut 12,000 jobs globally
Google’s parent firm Alphabet has said it will cut about 12,000 jobs, in an email to staff. It becomes the latest tech giant to announce significant cuts after similar announcements from Amazon and Microsoft in recent
Pentagon splits £7.3bn cloud contract between four tech firms
Google, Oracle, Microsoft and Amazon will share in the Pentagon’s 9 billion dollar (£7.3 billion) contract to build its cloud computing network. The move was announced a year after accusations of politicisation over the previously announced
Toll of cyber-crime on businesses revealed in new research
Two in five manufacturers have been a victim of cyber-crime over the last 12 months according to new research. One in five of 150 companies surveyed by manufacturers organisation Make UK reported substantial financial loss as
