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The Latest Breaking News on European tech

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…

StockNews.com

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

Birmingham Post

Why 2022 Was A Tough Year For Tech Firms Seeking Funding

With the plummeting NASDAQ, rising inflation and interest rates, war in Ukraine and nervous investors, a tough year for startups.

Zenger

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WANdisco secures £7.2m contract with unnamed industrial and consumer goods client

The Yorkshire plc says it has signed an initial agreement to perform a one-off project to migrate data to the cloud for the global name

Birmingham Post

3 Tech Stocks You Don’t Want to Miss out on in 2023

The tech industry is expected to witness a rebound in 2023, thanks to the robust demand for tech goods and services. Moreover, technology executives signal spending this year despite the macro turbulence. Given the industry’s steady prospects, investors could consider buying quality tech stocks Jabil (JBL), Box (BOX), and Celestica…

StockNews.com

Electric trucks to score power boost

Electric delivery trucks will be able to recharge at Australian petrol stations after a deal between a major energy provider and an Australian vehicle maker.

AAP

New MD for East Yorkshire shower manufacturer Kohler Mira

The company employs 80 people at Melton West Business Park and has further operations in Cheltenham and Worcester

Birmingham Post

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SRAM Could Be About To Enter E-Bike Market With Amprio Acquisition

U.S.-based cycling component giant SRAM has recently acquired Amprio, a German e-bike systems manufacturer.

InsideEVs

Yeovil cleaning product firm acquired by global business

Somerset-based Craftex manufactures cleaning chemicals and machinery for a range of industries in the UK and Europe

Birmingham Post

Coding firm founded above a Cheshire Waitrose to be bought by US giant

Mobica's clients include Google, Dyson, BMW, Vodafone, Facebook and Samsung

Birmingham Post

Agrecalc appoints its first chief executive

Scotland’s Rural College spin-out business moves towards its first fundraise

Insider UK

Shower company Kohler Mira appoints new managing director

Emma Foster has worked at the company for 19 years in various marketing roles

Birmingham Post

Bristol mobility scooter and wheelchair retailer ceases trading, with loss of 71 jobs

Business management consultants Teneo Financial Advisory have been appointed joint administrators

Birmingham Post

The Observer view on the free market thinking that failed Britishvolt

The government’s hands-off approach meant the odds were against the EV battery startup from the start

The Guardian - UK

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StockNews.com

1 Security Stock That's Well Positioned for 2023

Since its partnership with State Farm, ADT Inc. (ADT), headquartered in Boca Raton, Florida, seems to have switched gears. We look at the factors that promise to make this turnaround, characterized not in the least by its return to profitability, enduring even in the treacherous macroeconomic terrain of 2023. Read…

InsideEVs

BMW Announces Deeper Partnership On Solid State Batteries

The Bavarian automaker said it was going to “start the next phase of joint research and development” as part of its joint venture with Solid Power.

The Guardian - UK

Britishvolt: how Britain’s bright battery future fell flat

Startup that hoped to transform UK car production was once valued at more than £800m, but collapsed worth a tiny fraction of that

Birmingham Post

Advisory board appointments bring global tech experience to emerging Edge Hub

Privately-backed Hull skills and innovation centre is close to opening

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Evening Standard

Davos 2023: the gossip, the parties and the Zelenskys

As the annual meeting of the World Economic Forum comes to a close, Anne McElvoy shares a behind-the-scenes look at the most in-demand party guests, and what everyone’s really talking about

Birmingham Post

Top North East industry bodies join forces to form cross sector group

A new group, spearheaded by energy sector body NOF, includes representation from the chemicals sector to the digital tech sector

Tribune News Service

Texas Instruments names successor to longtime CEO Rich Templeton

Dallas-based Texas Instruments has selected a 24-year veteran as its new president and CEO.

Birmingham Post

Durham manufacturer Apex Core secures major capital city contract

The company has sealed a deal to work on R8 King’s Cross, a regeneration project in the heart of London which has offices and homes

Birmingham Post

Hydram Engineering signals renewed demand from customers

The County Durham firm saw a big jump in revenue as its market recovered following Covid

StockNews.com

3 Manufacturing Stocks You Should Be Focused on in 2023

Although the soaring inflation and supply chain issues have hampered manufacturing output, the industry is poised to witness long-term growth amid favorable government initiatives and technological advancements. Hence, investors could invest in quality manufacturing stocks Watts Water Technologies (WTS), Hillenbrand (HI), and Vishay Precision Group (VPG), which look well-positioned to…

The Guardian - UK

Davos day three: Keir Starmer says Rishi Sunak shouldn’t have missed WEF – as it happened

Rolling coverage of the World Economic Forum in Davos, where Labour leader says ‘absence of the UK’ has been pressed on him during his meetings

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