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Technology
Broker Values Learning Technologies at Over £800 Million
September 30, 2024 09:20 PM AEST| By Team Kalkine MediaHighlights,Peel Hunt considers General Atlantic's £1 per share offer for Learning Technologies Group PLC too low, suggesting a valuation closer to £1.30 per share.,The brokerage anticipates improved business performance as economic conditions improve...
Aston Martin (LSE:AML) adjusts 2024 wholesale volumes amid supply chain disruption and China’s weakness
September 30, 2024 05:01 PM AEST| By Team Kalkine MediaAston Martin (LSE:AML) has announced a strategic adjustment to its wholesale volumes for 2024, reducing its target by approximately 1,000 units. This decision comes as the company seeks to mitigate ongoing disruptions in its supply chain, alongside c...
Bango Sees 130% Increase in Recurring Revenue Amid Expanding Subscription Market
September 30, 2024 04:58 PM AEST| By Team Kalkine MediaHighlights,Bango PLC reports an 18.6% increase in total revenue for the first half of the financial year.,Adjusted EBITDA transitioned from a loss to a profit, highlighting operational improvements.,New partnerships and contract extensions enhance Ba...
4GLOBAL Poised to Achieve Full-Year Revenue Goals
September 30, 2024 04:38 PM AEST| By Team Kalkine MediaHighlights,Encouraging Trading Performance,: 4GLOBAL PLC reports strong trading results for the six months ending September 30, aligning with market expectations.,Improving Cash Flow,: The company indicates an improvement in cash flow, aided by timel...
Mindflair Reports Significant Profit Growth Driven by AI Investments
September 28, 2024 01:44 AM AEST| By Team Kalkine MediaHighlights:,Profit Turnaround:,Mindflair reported a profit of £1.64 million, reversing a previous loss, driven by its AI investment portfolio.,Significant Asset Growth:,The company's net asset value increased by 28% to £7.49 million, with current sha...
Learning Technologies Receives Conditional Takeover Offer from General Atlantic
September 28, 2024 01:34 AM AEST| By Team Kalkine MediaHighlights:,Conditional Takeover Proposal:,Learning Technologies received a takeover approach from General Atlantic at a price of 100p per share.,Shareholder Options:,The proposal includes an unlisted equity alternative for shareholders, allowing for...
AdvancedAdvT Anticipates Strong Revenue Growth for Half-Year Period
September 28, 2024 01:34 AM AEST| By Team Kalkine MediaHighlights:,Revenue Projection:,AdvancedAdvT anticipates group revenue of £19.5 million for the six months ended August 31.,Solid Financial Position:,The company reported net cash and investments totaling £108.3 million as of the end of August.,Growt...
Intel Rejects Arm Holdings’ Bid for Product Division Amid Strategic Overhaul
September 28, 2024 01:09 AM AEST| By Team Kalkine MediaHighlights:,Intel Rejects Arm’s Bid:,Intel has reportedly turned down a proposal from Arm Holdings to buy its product division.,Intel's Restructuring Plans:,The company is restructuring, with plans to make its chip manufacturing unit a standalone ent...
OpenAI CEO Sam Altman Addresses Equity Concerns Amid Company Restructuring
September 27, 2024 09:41 PM AEST| By Team Kalkine MediaHighlights:,Equity Claims Dismissed:,Sam Altman refuted claims of receiving a significant equity stake in OpenAI, calling the information “not true.”,Restructuring Discussions:,The board is exploring compensation structures for Altman, with talks of...
Meta Platforms Inc. (NASDAQ:META) Shares Anticipated to Rise Following Augmented Reality Glasses Launch
September 27, 2024 01:43 PM AEST| By Team Kalkine MediaMeta Platforms Inc. (NASDAQ:META, ETR:FB2A, SWX:FB) is poised for a positive opening in New York trading following a significant announcement from CEO Mark Zuckerberg at the company's annual developer conference. The introduction of the new augmented...
Touchstar Shares Rise Amid Sale Assessment
September 27, 2024 12:57 AM AEST| By Team Kalkine MediaHighlights,● Touchstar PLC shares rise by up to 10% following news of a strategic review that may lead to a sale.,● The review will consider various options, including potential business or asset sales.,● The company remains optimistic ab...
Videndum Sees Decline Following Extended Recovery Timeline Warning
September 27, 2024 12:46 AM AEST| By Team Kalkine MediaHighlights,● Videndum PLC experiences a significant decline in share value following disappointing financial results.,● Revenues from continuing operations drop by 7%, alongside a reported loss for the half-year period.,● The company impl...
Accesso Technology Group PLC Reports Revenue Growth Amid Challenges
September 27, 2024 12:38 AM AEST| By Team Kalkine MediaAccesso Technology Group PLC (LSE:ACSO) has announced a 5.2% increase in revenue for the first half of the year, reporting US$69.2 million, compared to US$65.8 million in the same period last year. However, the company noted that flat cash EBITDA and...
IP Group Achieves Record Return on Featurespace Exit Following Visa Acquisition
September 27, 2024 12:38 AM AEST| By Team Kalkine MediaHighlights:,Deal Value,: IP Group will receive £134 million from Visa’s acquisition of fraud-detection firm Featurespace.,Record Exit for IP Group,: The deal marks the most profitable exit for IP Group following a decade of support and investment.,Vi...
London Retains Top Spot for Tech Venture Capital in Europe
September 27, 2024 12:38 AM AEST| By Team Kalkine MediaHighlights:,Strong Venture Capital Growth,: London raised billions in venture capital during the first half of 2024, marking a significant increase from last year.,Investment Surged in the Second Quarter,: The city saw substantial growth in the secon...
Halma (LSE:HLMA) Records Steady Performance and Shares Outlook for FY 2025
September 26, 2024 04:59 PM AEST| By Team Kalkine MediaHalma (LSE:HLMA), the global group of life-saving technology companies dedicated to promoting a safer, cleaner, and healthier future, released its trading update ahead of its half-year results for the period ending 30 September 2024. The company repo...
Cykel AI (LSE:CYK) and Legal-Pythia Announce Strategic Partnership to Transform Legal Operations
September 26, 2024 04:36 PM AEST| By Team Kalkine MediaCykel AI PLC (LSE:CYK), an innovative artificial intelligence technology company, and Legal-Pythia LLP, a forward-thinking legal tech firm, have officially announced the start of a strategic partnership aimed at revolutionizing Legal-Pythia’s operati...
Investigation into US Price Fixing Leads to Drop in SAP Shares.
September 26, 2024 01:59 AM AEST| By Team Kalkine MediaHighlights:,SAP SE shares dropped nearly four percent amid reports of a price-fixing investigation by the U.S. Justice Department.,The inquiry focuses on potential collusion with Carahsoft Technology on sales to U.S. government agencies dating back t...
Google Alleges Microsoft’s Anti-Competitive Practices in the EU Cloud Market
September 26, 2024 01:59 AM AEST| By Team Kalkine MediaHighlights:,Google (NASDAQ: GOOGL) has filed an anti-competition complaint against Microsoft (NASDAQ: MSFT) with the European Commission over its Azure cloud platform.,The complaint alleges Microsoft’s licensing terms impose barriers to customer migr...
Is the Drop in Big Technologies Shares Due to Revenue Decline?
September 26, 2024 01:05 AM AEST| By Team Kalkine MediaHighlights:,Revenue and Earnings Drop:,Big Technologies reported a 3% decline in revenue to £26.5 million and a drop in adjusted EBITDA to £14.3 million, mainly due to the loss of a key criminal justice contract in Colombia.,Share Price Decline:,The...
