Technology
MyCelx reports decent progress across business
Clean water and air technology specialist MyCelx Technologies said in an update on Wednesday that, following the successful sale of its Saudi Arabian business operations in the first quarter, it had redirected internal resources towards advancing its marketing and sales plan for its technologies in the PFAS remediation and enhanced oil recovery (EOR) markets.
Tesla announces plans to cut 400 jobs in Germany
Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce.
Accesso launches ticketing suite in UK market
Accesso Technology Group launched its ‘Accesso ShoWare’ software-as-a-service (SaaS) ticketing suite to the UK market on Tuesday.
AB Dynamics reports solid first-half growth
Transport testing, simulation and measurement specialist AB Dynamics reported an 8% increase in first-half revenue on Tuesday, to £52. 3m.
RWS Holdings flags fall in first-half revenue
Language, content and intellectual property technology firm RWS Holdings reported a 2% decline in organic constant currency revenue in a first-half trading update on Tuesday, showing an improving trend compared to the prior year.
Videndum revenue, earnings fall in challenging year for entertainment
Content creation hardware and software company Videndum reported a challenging 2023 on Tuesday, impacted by writer and actor strikes in the US and a difficult macroeconomic environment, and destocking.
Molten Ventures describes resilient full-year performance
Technology-focussed venture capital firm Molten Ventures reported a resilient portfolio performance in a full-year trading update on Tuesday, with the gross portfolio value (GPV) expected to reach £1. 377bn.
Ocado shareholders reportedly pushing for move to NYSE
Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.
Angle granted European patent for CellKeep, US patent imminent
Liquid biopsy specialist Angle announced on Monday that it has received a European patent for its ‘CellKeep’ slide, as it anticipated the imminent grant of an equivalent US patent application.
Cerillion flags strong first-half revenue, earnings performance
Billing, charging and customer relationship management (CRM) software specialist Cerillion said in an update on Monday that its first-half results were expected to reach new heights in terms of revenue and adjusted EBITDA.
Eqtec agrees amendment to Verde subscription
Waste-to-energy technology developer Eqtec updated the market on the Verde Corporation subscription on Friday, confirming that an amendment to the subscription letter had been agreed upon with Verde.
Novacyt gearing up for hearing in DHSC litigation
Molecular diagnostics specialist Novacyt updated the market on legal proceedings between itself and its subsidiary Primer Design against the Department of Health and Social Care (DHSC) on Friday.
Intelligent Ultrasound tech launches on new GE system
Healthcare software and simulation specialist Intelligent Ultrasound Group announced the launch of GE HealthCare's SonoLyst software, powered by its ‘ScanNav AI’, on the new Voluson Signature Series portfolio of ultrasound machines on Friday.
Quadrise posts progress with Utah partner Valkor
Quadrise updated the market on its collaboration with Valkor Technologies in Utah on Friday, targeting the supply of low sulphur ‘MSAR’ and ‘bioMSAR’ to the marine and power sector.
Clean Power Hydrogen reports solid full-year progress
UK-based green hydrogen technology company Clean Power Hydrogen (CPH2) reported solid progress towards the commercial rollout of its membrane-free electrolyser (MFE) technology in its final results on Friday, driven by a revamped engineering team.
Deliveroo posts positive quarterly growth
Deliveroo has reported a positive first-quarter performance in an update on Thursday, as it returned to order growth, alongside a notable increase in gross transaction value (GTV).
Greencoat Renewables inks 10-year power purchase agreement
Greencoat Renewables announced the signing of a significant 10-year power purchase agreement (PPA) on Thursday, with Keppel DC REIT, for its Ballybane Phase 1 wind farm.
LBG Media reports decent full-year growth in tough market
Digital publisher LBG Media reported a robust full-year financial performance in its unaudited final results on Thursday, with total group revenue rising 7. 5% over the year to £67. 5m.
First-quarter bookings fall sharply at ASML
Shares in ASML Holding came under pressure on Wednesday, after the chip industry giant disappointed with its first-quarter trading update.
Eckoh expanding availability of voice cloud platform
Eckoh announced on Wednesday that it has augmented its global secure voice cloud platform, enhancing its availability and geographic coverage.