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The Latest Breaking News on European tech

Storage Giant opens sixth site in Wales

The Newport-headquartered firm has sites across south Wales and west of England

Birmingham Post

Tech Nation to fold at end of March after Government grant withdrawn

Body started by David Cameron to turn UK into tech super power says it is no longer viable

Evening Standard

Founder of Britishvolt to bid for collapsed battery startup, reports claim

Former CEO and founder Orral Nadjari left last year but is said to be interested in the firm's battery technology

Birmingham Post

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North East energy tech firm EnAppSys is snapped up by global investor

The Riverside Company has acquired Stockton-based EnAppSys in the significant deal

Birmingham Post

Military jet developer Aeralis to explore AirTanker collaboration

The Bristol-based start-up manufacturer has reached an agreement with the Royal Air Force aircraft maintenance firm, which is owned by Airbus, Rolls-Royce, Cobham, Babcock and Thales

Birmingham Post

Jeremy Hunt must ensure ‘Silicon Valley UK’ vision doesn’t leave people behind

The Chancellor, Jeremy Hunt, is an optimist, happy to believe that “when it comes to the innovation industries that will shape and define this century, the UK is powerfully positioned to play a leading role”. His speech at Bloomberg on Friday was full of enthusiastic references to digital technology, life…

Evening Standard

Big interview: OnBuy’s CEO on the online marketplace's rapid rise

BusinessLive spoke the Bournemouth-based firm's founder Cas Paton on its fast growth in a short space of time and its plans for 2023

Birmingham Post

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Newly launched MySalesCoach secures more than £500k funding to support expansion

Despite only launching this month the firm says it has secured clients in the US and UK

Birmingham Post

20 new jobs created as IT firm picks Glasgow for Scottish HQ

The digital transformation specialist is now located on West George Street

Insider UK

Prevention vs promotion is hurting female-led companies

Unconscious bias from investors has historically led to fewer female entrepreneurs being backed

Insider UK

Italian acquisition boosts Stelrad revenues as firm warns of challenging market

The premium steel panel radiator maker is due to publish full year preliminary results in March

Birmingham Post

Newcastle's NBS acquires building specification specialist Schumann International

A new consultancy called NBS Schumann has been launched following the deal

Birmingham Post

Israel's high-tech economic engine balks at govt policies

Israel’s tech industry has long been the driving force behind the country’s economy

The Independent UK

Britishvolt ‘collapsed owing £120m’ as UK car industry reports dismal year

Several bids are understood to have been made for assets of failed electric vehicle battery startup

The Guardian - UK

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Bangkok Post

Rising living costs take toll on spending

Cautious spending, flexible payment and authentic automation are among the key consumer trends to look out for in Thailand this year, according to London-based market research firm Euromonitor International.

The Independent UK

Ministers will look ‘seriously’ at any credible Britishvolt takeover bids

Britishvolt collapsed into administration a week ago, making the majority of its roughly 300 workers redundant.

Reuters

Dutch hacker obtained virtually all Austrians' personal data, police say

A Dutch hacker arrested in November obtained and offered for sale the full name, address and date of birth of virtually everyone in Austria, the Alpine nation's police said on Wednesday.

Miami Herald

Cuba wants Russia’s advice on market reforms as Putin seeks more trade with the island

After much hesitation about how to deal with small and medium-size private enterprises it authorized in 2021, the Cuban government is turning to Russia for help with market reforms on the island through a partnership with a Russian think tank headed by sanctioned oligarch Oleg Deripaska, as the two countries…

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news in one place.

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Birmingham Post

Historic spring maker John Binns & Sons snapped up by French engineering firm CGR

The 128-year-old North Yorkshire firm is said to have recently invested in new technology

Birmingham Post

Australian startup tables bid for Britishvolt to revive £3.8bn gigafactory ambitions

Recharge Industries is reported to be up against competition from 12 other bidders for the collapsed electric battery business

Chronicle Live

Britishvolt: Australian startup tables bid for collapsed North East battery business

The founder of Recharge Industries is reported to be visiting the Blyth site and meeting Government officials

Birmingham Post

Cornwall electronics manufacturer appoints new managing director

Falmouth-based Sellectronics has said it hired Jon Hurrell to oversee the next stage of its growth

Bangkok Post

Somchai picked to stay on as executive at AIS

Somchai Lertsutiwong, chief executive of Advanced Info Service (AIS), will continue in his leadership role at the country's leading mobile operator for at least another year, says Sarath Ratanavadi, vice-chairman of the company's board.

StockNews.com

Is It Smart to Store Your Money in Pure Storage Stock This Winter?

Data storage solutions provider Pure Storage (PSTG) delivered strong financial results in the third quarter, with strong revenue growth and increasing operating profits. PSTG’s innovative portfolio and unique Flash-optimized technology position the company to witness sustained growth in the upcoming quarters. However, is it wise to invest in this data…

Birmingham Post

Gloucestershire precision engineering tool supplier acquires local competitor

Stroud-based C R Hollands Industrial Supplies has completed a deal with Gloucester’s Concept Tooling UK for an undisclosed sum

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