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The Latest Breaking News on European tech

Ambitious tech start-up makes fourth acquisition in less than a year

Cardiff-based Flotek Group has bought one of Wales' leading telecommunication firms

Birmingham Post

AAB Group rebrands and relaunches Purpose HR

The company as acquired in 2021 and will now be known as AAB People

Insider UK

UK battery startup Britishvolt in talks to sell majority stake

Company says it is hoping to secure long-term funding so it can build ‘gigafactory’ in Blyth, Northumberland

The Guardian - UK

From analysis to the latest developments in health,
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Electric battery firm Britishvolt in talks to sell majority stake

Britishvolt is in discussions with a consortium of investors concerning the potential majority sale

Birmingham Post

Britishvolt in talks to sell majority of company to rescue 3,000-job plan

The identity of the potential investors has yet to be revealed, but a sale could safeguard the plant's future

Chronicle Live

Hitachi Construction Machinery set to create more jobs after South Tyneside expansion

The Hebburn machinery supplier has acquired a neighbouring unit to ramp up its growth

Birmingham Post

Kerry Express leans into efficiency scheme

Express courier Kerry Express Thailand Plc has launched a "LEAN" programme to enhance operational and cost efficiencies in many areas, as well as gain market share during the economic recovery.

Bangkok Post

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Best of CES 2023: High-tech eyebrows and a boba tea robot

Tech companies have showed off their latest products this week at CES, formerly known as the Consumer Electronics show

The Independent UK

Tech firm Flyform targeting rise in revenues to £21m this year

To support its growth plans it has appointed Rob Rees as MD

Birmingham Post

Topps Tiles board vows to fight off shareholder bid to oust chairman and take greater control of business

Topps is inching closer to 20 per cent share of UK market after record sales of £247 million

Birmingham Post

Security Hardware bought out by North West firm UAP

Willenhall-based company has joined expanding group which has acquired two other firms in recent years

Birmingham Post

CES startups face cautious investors amid economic woes

More than a thousand startups are showcasing their products at the annual CES tech show in Las Vegas, hoping to create some buzz around their gadgets and capture the eyes of investors who can help their businesses grow

The Independent UK

Manufacturing giant Exel Composites puts 50 jobs at risk in bid to save millions

The company said it could save €1.6m a year if it goes ahead with the plans

Liverpool Echo

Almost 50 jobs at risk at industrial manufacturer Exel Composites as it considers downsizing UK operations

Exel Composites employs approximately 650 members of staff around the world and is listed on Nasdaq Helsinki

Birmingham Post

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Los Angeles Times

Commentary: Recovering from Big Tech’s lost decade

For 65 years, the United States has counted on its digital tech industry to create amazing products and drive economic growth. For most of that time, the industry has exceeded expectations. Over the past decade, however, the tech industry has lost its way, with a culture, products and business models…

Birmingham Post

Funding firm Granted Consultancy becomes Catax’s latest purchase

Exeter-based Granted is the latest purchase for Manchester firm Catax which is owned by global tax services firm Ryan

Tribune News Service

CES scheduled to open doors for 100K attendees Thursday

Attendees of the world’s largest tech trade show, CES, began arriving in Las Vegas by the planeload this week in advance of its official opening on Thursday, which includes two days of pre-show events.

The Guardian - UK

‘It is one minute before midnight’: the view from Germany’s industrial heartland

Energy crisis piles pressure on small and medium-sized businesses that are struggling with other costs

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news in one place.

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Tribune News Service

This North Carolina startup has embraced 4-day work weeks. Will more companies do the same?

Steven Keith says his employees get more done when they work only four days a week.

StockNews.com

2 High-Quality Tech Stocks You’ll Kick Yourself Later for Not Buying

Although the tech sector witnessed substantial losses last year, fundamentally strong stocks are likely to rebound, thanks to the industry's solid demand and long-term prospects. Therefore, it could be rewarding to invest in high-quality tech stocks Gartner (IT) and The Hackett Group (HCKT). Read on….

Birmingham Post

Tyneside software firm Technology Services Group hails improved trading

The year also saw the firm open new hybrid working bases as well as a new head office at the Team Valley

Birmingham Post

New Year honours for North East business figures

Sophie Milliken and Geoff Hodgson are among those honoured

Birmingham Post

Founder of Net World Sports in Wrexham receives MBE

Alex Lovén has been recognised for his services to the economy and to the community in Wrexham

StockNews.com

2 Little-Known Software Stocks to Buy in 2023

The software industry witnessed solid growth during the pandemic and is expected to see continued growth amid rapid digitization. Given the favorable prospects of the industry, under-the-radar software stocks Synopsys (SNPS) and Progress Software (PRGS) might see significant upside in the near term. These stocks could be worth buying for…

Tribune News Service

UAW says Ultium negotiations to start in January

Ultium Cells LLC, the General Motors Co. and LG Energy Solution battery cell joint venture, and the United Auto Workers will begin negotiating on their first contract for workers at Ultium's northeast Ohio plant in January, union spokesperson Sandra Engle said in a statement.

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