Technology sector

SoftBank CEO ‘ashamed’ of pride in past profits as record losses prompt cost cuts

Japanese technology and investment group is seeking to float UK-based chip maker Arm

Mark Sweney and agency

08, Aug, 2022 @3:49 PM

Have the tech giants finally had their bubble burst? I’d hate to speculate | John Naughton

For the first time in the tech industry’s history, combined real revenue growth is negative rather than positive and some corporations may yet be facing an existential decline

John Naughton

06, Aug, 2022 @3:00 PM

UK e-commerce firm THG ends investment deal with Japan’s SoftBank

Company, which owns sites such as Lookfantastic and Zavvi, blames ‘global macroeconomic conditions’

Sarah Butler

26, Jul, 2022 @11:48 AM

Shares in France’s Eutelsat slump after it confirms OneWeb merger talks

Almost 17% fall follows confirmation of discussions with UK satellite firm bailed out by government

Dan Milmo, Alex Hern and Jasper Jolly

25, Jul, 2022 @4:57 PM

Hermann Hauser, founder of Arm: ‘Brexit is the biggest loss of sovereignty since 1066’

The doyen of the UK computing industry says that a hi-tech future will leave Britain no choice but to turn to Europe

Jasper Jolly

23, Jul, 2022 @3:00 PM

If our datacentres cannot take the heat, the UK could really go off the rails | John Naughton

It is understandable that railway infrastructure could not cope with last week’s temperatures, but why did Google and Oracle’s facilities go offline?

John Naughton

23, Jul, 2022 @3:00 PM

Twitter blames revenue slide on Elon Musk takeover uncertainty

Social media firm says 1% decline for three months to 30 June reflects uncertainty over acquisition bid

Dan Milmo Global technology editor

22, Jul, 2022 @2:56 PM

SoftBank ‘halts plans’ for Arm’s London listing amid political instability

Loss of UK chip designer’s flotation would jeopardise capital’s attempt to prove it can compete against US

Mark Sweney

19, Jul, 2022 @7:37 AM

Tech company earnings reports expected to bring a flush of bad news

Some US firms have announced hiring slowdowns and layoffs in recent weeks amid fears of recession

Kari Paul in San Francisco

17, Jul, 2022 @5:00 AM

‘Embrace the chaos’: a history of Uber’s rapid expansion and fall from favour

The firm was one of the pioneers of the gig economy model but its operations soon caused a global furore

Johana Bhuiyan and Dan Milmo

15, Jul, 2022 @6:15 PM

Celsius Network: crypto firm reveals $1.2bn deficit in bankruptcy filing

Company says it was faced with ‘run on the bank’ amid ‘cryptopocalypse’ as investors raced to withdraw assets

Rob Davies

15, Jul, 2022 @2:56 PM

The Uber files: how the leak prompted outrage across the world

From Europe to India and the US, the revelations have fuelled anger from the drivers to politicians