Category: Tech

IQE chipmaker shares plummet due Huawei ban

Chipmaker IQE revised down their full-year revenue due to the US trade ban on tech giant Huawei, as a result chipmaker’s shares plummeted by almost 40%. The tech firm now expect revenues of between £140m and £160m. IQE who are based in Cardiff makes semiconductor wafers for smartphones firms such as Apple. Due to the […]

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Senior execs from Deliveroo & Zoopla join tech scale-up carwow

carwow, the platform that allows consumers to buy new, used and leased cars from a network of approved dealers, has made a number of senior hires from the UK’s most successful scale-up companies. Athena Hubble, former Commercial Director at Zoopla, has joined carwow as the company’s first UK Managing Director. Athena will have direct responsibility […]

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The digital skills gap in London

London’s thriving technology and start-up scene is recognised as one of the strongest globally, with no less than thirteen “unicorns” technology start up businesses worth at least $1bn calling the City their home last year, according to the research consultant Beauhurst. Yet, our latest Business Digital Index (BDI) reveals that just over a third (36%) […]

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Tesco are testing delivery robots for customers

Supermarket giant Tesco are trialling a delivery robot as a new idea for future development, as they are looking to serve their customers better by working with technology and save on costs. The autonomous delivery devices can carry items within a four-mile radius, they are being made by Starship who have a collaboration. The devices […]

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Facebook to launch digital currency in 2020

Facebook has announced they are to launch their own digital cryptocurrency in 2020 which is backed by Mastercard, Visa and PayPal. The cryptocurrency called Libra has thus far enlisted 28 companies including Spotify and Uber who each had to invest $10m to be a founding member. According to David Marcus who started exploring blockchain at […]

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