Hey Siri! Tell me whether Nuance is actually worth $19bn. You should know
Microsoft is seemingly set to continue its acquisition spree, having added speech-recognition company Nuance Communications to the fold. The two…
12 Apr 2021
No longer in the dark: Darktrace confirms London IPO as revenue hits $200m
Cybersecurity unicorn Darktrace has confirmed it will list on the London Stock Exchange at the end of April in a float expected to value the UK company between £2.5bn and…
08 Apr 2021
TrueLayer celebrates $70m Series D but stays mum on valuation
Fintech developer platform TrueLayer is planning to go global on the back of its new $70m Series D funding round and a boost from the pandemic. However, the company's founders…
06 Apr 2021
SoftBank snaps up 40% slice of robo-warehouse firm AutoStore for $2.8bn
Japanese conglomerate SoftBank has acquired a 40% stake in Autostore Systems, a robotics company that specialises in automated warehouse solutions, for a total of $2.8bn. Founded in 1996, Norway-headquartered AutoStore…
01 Apr 2021
China just isn’t that big a market, Huawei finds after US trade ban
Huawei made a profit last year, but says "life was not easy" after bans in the US and elsewhere forced it to rely too much on growth in China. As…
31 Mar 2021
Deliveroo IPO fiasco: The markets have spoken on the gig economy
Deliveroo's highly anticipated debut on the London Stock Exchange has turned out to be a major flop, with market analysts and experts branding the float as rushed and embarrassing. The…
31 Mar 2021
Deliveroo doesn’t deliver: float flops in early trading hours
Food-delivery startup Deliveroo's London Stock Exchange debut is off to a bad start, with shares falling by almost a third in the early hours of trading on the back of…