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The Latest Breaking News on European tech

WANdisco warns it will run out of cash in two months as it seeks ‘urgent’ $30 million capital raise

Beleaguered tech firm WANdisco has sounded the alarm on its cash levels as it seeks a speedy $30 million capital raise to avert its demise.

Evening Standard

Stronger business expansion in April but region's growth lags behind much of UK

Latest analysis from NatWest points to third consecutive month of increased activity in manufacturing and services

Birmingham Post

Badenoch to hold talks on modernising UK-Swiss trade deal

The Trade Secretary will meet her counterpart, Federal Councillor Guy Parmelin, in the capital Bern to discuss a ‘services-based’ deal.

The Independent UK

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Startups urge Australia to ditch 'risk-averse' approach to lithium battery investment

Renewable startups say Australia is being too conservative in its approach to funding lithium battery projects, and risks missing out on capitalising on the multi-billion-dollar industry.

ABC News

Battery makers turn northern French region into 'electric valley'

Dunkirk (France) (AFP) - Global battery makers are turning a formerly depressed northern French region into a 21st-century manufacturing hub and a key European source of new energy technology.

AFP

Taiwan chooses France to host first overseas car battery plant

Taiwanese battery maker Prologium says it will invest more than €5 billion in building a new gigafactory in the northern French port city of Dunkirk for its first European plant.

Radio France Internationale

Online building materials retailer returns to profit after ‘challenging’ year

Plymouth-based CMO Group reported a rise in sales despite ‘industry headwinds’

Birmingham Post

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Europe charges up car battery drive with new plants

Frankfurt (Germany) (AFP) - Europe's efforts to build up its battery-making capacity got a major boost Friday as Sweden's Northvolt and Taiwan's ProLogium announced projects to build factories in Germany and France.

AFP

Newcastle tech firm whyaye ltd acquired by accounting giant EY

The Ouseburn based business is to known as EY whyaye following the acquisition

Birmingham Post

Executive Q&A: Serious Cable Management

Kordz managing director James Chen reflects on 20 years of building better connectivity.

AVNetwork

Brilliant Manchester companies celebrated at this year's MEN Business Awards

The ceremony itself was hosted by Olympic sprinter Iwan Thomas MBE

Manchester Evening News

Musk announces new Twitter CEO

According to Musk's announcement on Thursday, the new CEO is a woman and will start in six weeks

Salon

MEN Business Awards 2023: Full list of winners revealed as glittering event returns

The awards were supported by the Manchester Evening News and Reach's business news site BusinessLive

Birmingham Post

3 Software Stocks to Buy Now for Profits

Notwithstanding the current market uncertainties, the Software-as-a-Service (SaaS) market is expected to thrive over the long term, thanks to rapid global digital transformation. Moreover, as the hybrid work culture boosts the demand for cloud-based solutions, popular software stocks The Descartes Systems Group (DSGX), Vimeo (VMEO), and MiX Telematics (MIXT) flourish.…

StockNews.com

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Birmingham Post

Emerging Hull tech hub partners with leading digital bootcamp provider to boost skills in the North

The Edge Hub and Makers unite to bring opportunities to the North

Evening Standard

Revolut CFO quits for ‘personal reasons’ weeks after auditor BDO warning on accounts

The CFO of Revolut has quit the firm just weeks after its auditor said it was unable to independently verify three-quarters of the revenue in the company’s 2021 accounts.

Birmingham Post

Almost two thirds of South West business leaders think Brexit has boosted ‘brand Britain’, study finds

A survey of senior decision makers in the region found most respondents agreed the UK’s exit from the EU had strengthened the appeal of British products and services in international markets

Evening Standard

Apprenticeships: I wanted to be successful and have hands-on experience

Two young apprentices talk about forging ahead in the world of work

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Dublin Live

Presidio appoints Alan Claffey as VP of Sales for the Product Procurement Business

Digital services and IT solutions provider, Presidio, has announced the appointment of Alan Claffey to VP Sales, Product Procurement for the European business. This senior appointment will see Alan continue to grow Presidio’s IT Procurement business

AVNetwork

Diversified Expands Partnership with Appspace

They can now offer clients a unified workplace experience platform.

Reuters

Brazil's crusading justice Moraes ratchets up fight with global tech giants

The head of Brazil's electoral authority, Supreme Court Justice Alexandre de Moraes, delivered a stern warning to the world's top tech companies on Wednesday, saying he would not let them undermine Brazil's democracy.

AVNetwork

Snap One Opens New Salt Lake City Co-Headquarters

Newly built Innovation Center will host interoperability testing, product engineering, and design, hardware and software testing, and more.

Birmingham Post

Software giant Sage strikes deal for US construction platform Corecon

The deal marks Sage's latest investment in selective strategic acquisitions in the US, following the addition of Lockstep last year

StockNews.com

Best $10 Energy Stock to Buy

Energy services giant NOW (DNOW) delivered solid top- and bottom-line performance in the first quarter of 2023. Moreover, strong demand for its products and solutions and continued engagement in mergers and acquisitions position the company for robust long-term growth. Hence, it could be wise to invest in this fundamentally sound…

Cycling Weekly

Mavic and Weldtite among creditors facing being left out of pocket from UK distributor's collapse

French wheel giant is among list of 156 trade creditors to the business who are estimate to be owed a total of £20m

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