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Technology
How Supreme Court’s Latest Order Will Change Uber’s Business Forever
February 20, 2021 02:29 AM AEDT| By Hina ChowdharySummary The Supreme Court has ruled that Uber drivers are workers, not self-employed. The case was filed in 2016 by 25 drivers who demanded employee benefits from Uber. In a landmark judgment, the Supreme Court (SC) has ruled that drivers .....
UK launches new institute to encourage high risk, high reward in innovation
February 19, 2021 11:23 PM AEDT| By Kunal SawhneySummary The government announced setting up of the Advanced Research & Invention Agency. ARIA would be tasked to fund risky research and development programmes in various sectors. Backed by a massive finding of &po.....
Why IBM pledged net zero emissions by 2030?
February 19, 2021 01:36 AM AEDT| By Kunal SawhneySummary Tech major IBM aims to hit net zero emissions target by 2030 by reducing its emissions by 65% by 2025. IBM announced a new partnership with Singapore AIoT company Envision Digital to develop renewable energy manageme.....
What are the recent acquisition updates unveiled by Learning Technologies Group?
February 16, 2021 01:58 AM AEDT| By Kunal SawhneySummary Learning Technologies Group Plc had anticipated achieving FY20 revenue of around £131.0 million. LTG is expected to complete the acquisition of Bridge on 26 February 2021. LTG had a net cash position of £70.2 million as of .....
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Why has Panaseer partnered with PwC UK?
February 11, 2021 08:40 PM AEDT| By Team Kalkine MediaCybersecurity intelligence platform Panaseer has announced that it has teamed up with leading consulting firm PwC UK to offer continuous Cyber Risk Monitoring service, which is sought to make way for accurate and .....
Reddit Valuation Soars To $6 Billion After Latest Fundraiser
February 11, 2021 03:07 AM AEDT| By Kunal SawhneyRiding high on the wave of attention for the role of one of its communities wallstreetbets that sent the US stock market into a frenzy, social media giant Reddit raised $250 million in series E funding on Monday. Founded in 2003, the compa.....
How has Idox continued to show resilience in its recurring revenue despite Covid-19 pandemic?
February 04, 2021 03:23 AM AEDT| By Kunal SawhneySummary Idox Plc had reported a surge in revenues of 4% during FY20 ended on 31 October 2020. IDOX had delivered £11.2 million of free cash flow during FY20. The order book had witnessed a surge of 31% for contracted software and service.....
How Kainos Group managed to enhance its trading performance despite Covid-19 pandemic?
January 28, 2021 02:14 AM AEDT| By Team Kalkine MediaKainos Group Plc (LON: KNOS) is the FTSE 250 listed technology stock. The Company is the leading IT services provider based in the UK. KNOS’s shares have generated a return of about 46.85% in the last 12 months. The FY21 results of the Compa.....
Oxford-based company Oxbotica raised $47 million in the latest funding round
January 06, 2021 07:16 PM AEDT| By Kunal SawhneySummary The self-driving startup software, Oxbotica announced today that it had picked up $47 million in the latest funding round The funding involved a mix of investors including BP PLC (LON: BP) and Halma PLC (LON: HLMA) among others Eng.....
IDE Group Holdings PLC (LON: IDE) Wins A New Contract; Shares Zoom Almost 300%
January 05, 2021 01:43 AM AEDT| By Kunal SawhneySummary The shares of IDE Group Holdings PLC skyrocketed after it bagged a contract with an existing customer within its partnership channel. The IDE Group is to receive services from its partner valuing £22.5 million over the course of n.....
5 Top Tech Stocks to Watch in 2021
December 27, 2020 11:32 AM AEDT| By Kunal SawhneySummary Amid the Covid-19 pandemic disruptions, tech stocks have shown exceptional momentum in 2020 The rapid shift digitalisation in the fields of entertainment, shopping and working due to the pandemic will continue to reap the rewards for ma.....
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Cisco to Acquire IMImobile (LON: IMO) in a $730 Million Deal
December 08, 2020 05:09 PM AEDT| By Team Kalkine MediaSummary Cisco is all set to acquire UK-based cloud communications firm IMImobile PLC in a $730 million deal IMImobile team will join Cisco’s Contact Center business division as part of the deal After the deal, Cisco will be able to provi.....
Why is Sage Group making significant investments in cloud-computing platforms?
November 25, 2020 01:07 AM AEDT| By Team Kalkine MediaSummary Sage Group Plc has reported organic total revenue growth of 3.7% during FY20. The Company expects to show a 3% drop in organic operating margin in FY21. Sage cloud-based organic revenue has seen a significant rise of 30% during FY20. .....
Which FTSE Technology Stocks Still Look Attractive?
November 22, 2020 02:28 AM AEDT| By Kunal SawhneySummary The technology businesses have presented a resilient business model during the Covid-19 pandemic Many technology stocks have outperformed despite the economic fallout and unprecedented challenges prevailing in the trading environment. .....
What all you need to know about these two FTSE AIM listed technology stocks: Blue Prism Group & Idox?
November 20, 2020 02:16 AM AEDT| By Kunal SawhneySummary Blue Prism Group Plc is expecting a 40% increase in revenues during FY20. The Company has added 490 new customers in FY20. Idox Plc has reported a 4% increase in the sales during FY20. The Company has exited its sub-scale operations i.....
How well are these two LSE players performing after releasing their financial results: Vodafone Group & Softcat?
November 18, 2020 03:24 AM AEDT| By Kunal SawhneySummary Vodafone Group Plc has reported a revenue decline of 2.3% during H1 FY21. The Company has acquired the TDD spectrum from the National Telecommunications Regulatory Authority. Softcat Plc has reported a revenue increase of 8.6% year-on-.....
Post-Brexit market: Sunak mulls UK public listings overhaul to lure tech giants
November 10, 2020 01:45 AM AEDT| By Hina ChowdharySummary The "free float" requirement for a premium main market listing could be reduced Businesses might be allowed to hold dual class share structures Tech giants have delivered handsome returns since inception in the past The te.....
Innovative Eyewear Inc- Meet the Team Working Relentlessly to Upgrade the World's Eyewear
November 06, 2020 09:30 PM AEDT| By Team Kalkine MediaSummary Innovative Eyewear’s team is passionate about making smart eyewear affordable and available for everyone. The smart eyewear being developed by the company is not only edgy and fashionable, but also offers a range of useful Bluetoo.....
Tekcapital’s Portfolio Company Lucyd Ltd. Strengthens Its IP Position with IoT Utility Patent & 13 Design Patents
November 03, 2020 01:18 AM AEDT| By Team Kalkine MediaSummary Lucyd Ltd has been allowed the IoT Utility Patent from the United States Patent and Trademark Office Besides, the company has also been granted 13 smartglass design patents, which cover a range of smart eyewear styles Tekca.....
Top 10 technology stocks to look at
October 30, 2020 01:36 AM AEDT| By Team Kalkine MediaSummary UK tech stocks have continued to perform well in relation to the broader equity market. The tech sector in UK was relatively less impacted by the pandemic. Fintech and internet service providing companies have done brisk business during.....
AI on the Rise: A Look at Top AI Companies and Their Stocks