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The Latest Breaking News on European tech

1 Stock That's Well Worth the Investment

The tech industry is poised to witness significant growth in the foreseeable future, thanks to the growing reliance on advanced digital technology. Against this backdrop, the fundamentally strong tech stock, Salesforce (CRM), could be a solid investment. Read on….

StockNews.com

Online marketplace OnBuy ranked Europe’s fastest growing e-commerce firm

The Bournemouth-based business has reported a more than 3,000% rise in revenue since 2018

Birmingham Post

Wincanton issues profit warning after losing key government contract

The Wiltshire-based firm said it was “extremely disappointed” after HMRC switched to another logistics provider to support its UK customs arrangements at inland border facilities

Birmingham Post

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Splunk, IBD Stock Of The Day, Is Helping Companies Analyze Vast Quantities Of Data

Splunk, IBD Stock Of The Day, provides software that businesses use to analyze vast amounts of data.

Investors Business Daily

4 Software Stocks You Shouldn't Hesitate to Buy in 2023

While the market is currently facing macroeconomic headwinds, the emerging trends in technology and increasing spending should help the software sector stay afloat. Therefore, we think investors shouldn’t hesitate to invest in quality software stocks Fortinet (FTNT), Check Point Software (CHKP), Informatica (INFA), and CSG Systems International (CSGS) this year.…

StockNews.com

Tech firm WANdisco confirms it is exploring plans to list in America

The Sheffield firm also has a base in California and says it has previously voiced plans for a dual listing

Birmingham Post

Research reveals number of small and micro businesses at risk of going bust in face of rocketing costs

The potential collapse of small businesses would represent a £12bn hit

The Independent UK

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Around 630,000 small businesses at risk of going bust – research

The Venture Forward report, produced by GoDaddy, indicated that the potential collapse of these firms would represent a £12 billion hit.

The Independent UK

Data platform firm DiffusionData to open Newcastle office after securing £1m funding

The company has received funding from the North East Development Capital Fund

Birmingham Post

People on the move: Top North East appointments and promotions

Firms and organisations making appointments this week include Muckle LLP, Land Digital and Opencast

Birmingham Post

Rix Group adds green energy installation specialist to portfolio in regional deal

J Foley Electrical to become Rix Energy Services with founder at the helm

Birmingham Post

Scottish hotel software firm secures international deals

The Edinburgh-based business has also signed a deal with Duncan Bannatyne's group

Insider UK

How 'apolitical' Western Youtubers help push Syrian propaganda

Their videos get huge amounts of clicks and profits on YouTube. And their vlogs show a Syria that has turned the page on years of civil war. But these so-called "apolitical" travel influencers are shown around the country by regime-sponsored guides that shape the narrative. One guide who appears in…

France 24

Vulcan Completion Products looks to boost turnover and headcount

Aberdeenshire-based oil and gas completions business targets the US and Middle East as key growth markets

Insider UK

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Birmingham Post

East Midlands tech start-ups on the rise

RSM says 'region has always benefitted from a thriving technology sector, particularly in fintech and medtech'

Insider UK

AAB makes first US acquisition

Business services group buys-out its American payroll partner

RideApart

Electric Mobility Brand Ryvid Appoints Jonathan Spira As New CFO

Electric mobility startup Ryvid taps Jonathan Spira as its new Chief Financial Officer after receiving a $20M grant from the state of California.

Investors Business Daily

Applied Materials Stock Clears Technical Benchmark, Hitting 80-Plus RS Rating

Applied Materials sees its Relative Strength Rating enter the 80-plus level.

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Evening Standard

Revolut report shines spotlight on other London fintechs with missing accounts

While Revolut has its accounts finalised, the Evening Standard has found there are at least three other major London-based fintechs that still haven’t filed their annual report with Companies House

Birmingham Post

Huboo cuts 60 Bristol jobs at fulfilment firm’s head office

The company said the redundancies were the result of ‘volatile stock markets and decreased consumer spending in the short-term’

The Guardian - UK

Man files complaint accusing YouTube of harvesting UK children’s data

Duncan McCann’s complaint is first one alleging major tech firm has broken new code

The Guardian - UK

Fintech firm Revolut moves closer to UK banking licence after first annual profit

Company criticised for late filing of accounts made profit of £26.3m in year to December 2021

Crikey

ASIC sues Mercer Super over alleged greenwashing of fossil fuel, alcohol and gambling investments

For the first time, an Australian company is being taken to court in ASIC’s greenwashing crackdown after allegedly spruiking ‘sustainable’ products that invested in fossil fuel companies.

The Guardian - UK

The long term seems to be getting longer for online grocer Ocado

International adventures will be the crucial contributor but the UK operation is not irrelevant to the wider story

Birmingham Post

Leeds chosen to launch national fintech quango that aims to scale up firms

The Centre for Finance, Innovation and Technology (CFIT) is backed by £5.5m of Treasury and City of London Corporation funding

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