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Tech sector news covering latest major IT contracts, people moves, product releases and updates, and company financial results.

Meta to undergo second round of staff cuts this week

Thousands more staff cuts are expected to be actioned by Meta chief Mark Zuckerberg, as Facebook and Instagram's parent company looks to continue decreasing costs

Releases & Updates

Generative AI

OpenAI and Faculty partner to open generative AI use cases

OpenAI, the developer of ChatGPT, has enlisted UK start-up Faculty to help businesses generate new value opportunities with generative AI

Events

Tech events calendar

Tech events calendar - a month-by-month guide to technology conferences and events being held around the world this year

Events

Events

Tech jobs fair calendar

Our tech jobs fair calendar is your ideal guide to recruitment events aimed at the tech industry happening near you, throughout the year

Diversity

2023 Women in IT Awards Asia shortlist announced

The fifth annual Women in IT Awards Asia looking to recognise and raise awareness of female tech talent across the Asia region

Diversity

Women in IT Summit Asia 2023 launched to raise awareness of DEI importance

The fifth annual Women in IT Asia Summit on the 28th June will present the latest trends, challenges and opportunities in the regional tech sector

Diversity

Women in IT UK Summit 2023 launched

DiversityQ and Information Age will present the fourth annual Women in IT UK Summit on the 18th May 2023, to help organisations optimise their DEI strategies

Diversity

Women in IT Awards Asia nominations close 10th Feb 2023

Nominations for the 2023 Women in IT Awards Asia close on the 10th February — here's how you can nominate

IPOs

Early-stage startup support key to cementing global cyber leadership, following Darktrace’s IPO

IPOs

Cybersecurity

Darktrace lists on the London Stock Exchange, with shares up 43%

IPOs

Trainline’s IPO is “a breath of fresh air”

Trainline's IPO is nigh, what makes this UK tech company different from the umpteen other tech IPOs? “It’s a breath of fresh air” we're told.

IPOs

How can businesses successfully monetise software?

Software businesses can learn how to successfully monetise their software from looking at Spotify’s upcoming IPO.

IPOs

Talend on a journey to IPO and beyond

Cloud & Edge Computing

Does Box’s IPO signal the beginning of the end of the cloud storage wars?

M&A

Cisco to acquire Splunk for $28bn in equity

In the aim to bolster observability capabilities, the agreed acquisition of Splunk by Cisco comes in response to increasing AI presence across business

Cybersecurity

Data Analytics & Data Science

Qlik completes acquisition of Talend

Global data integration and analytics provider Qlik has acquired data management vendor Talend, to bolster automated delivery of business insights

Business & Strategy

Keys to successful M&A technology integration

Any merger or acquisition completion will call for the combination of tech from the different networks involved. In this article, we explore the keys to a successful M&A technology integration.

Automation & Robotics

Schneider Electric completes acquisition of AVEVA

UK-based industrial software company AVEVA has been acquired by global automation and energy management specialists Schneider Electric, to bolster industrial digital transformation efforts

AI & Machine Learning

BioNTech acquires InstaDeep for £562m to boost drug discovery efforts

Following a multi-year partnership, German biotech company BioNTech has completed the acquisition of UK AI startup InstaDeep, to aid expansion beyond vaccine delivery.

Digital Transformation

OpenText to acquire Micro Focus in $6bn deal

Major Contracts

Chancellor to launch quantum supercomputing scheme in Autumn Statement

"Moonshots" aiming to establish quantum supercomputing leadership, including a national machine, is among future plans outlined by Chancellor Jeremy Hunt

Major Contracts

Major Contracts

Jeremy Hunt to announce science and tech VC programme

The Chancellor is looking to cultivate a group of investors specialising in AI, robotics and vaccines

AI & Machine Learning

$10m AI Safety Fund launched by GenAI consortium

The Frontier Model Forum, consisting of OpenAI, Anthropic, Microsoft and Google, announces new funding towards AI safety, and a new executive director

Major Contracts

Dawn Capital launches $700m fund for early-stage software start-ups

The new investment scheme — Europe's largest early-stage fund of its kind — comes as B2B software start-ups in the region maintain growth ambitions

Generative AI

Salesforce and Google expand partnership to drive GenAI productivity

The partnership extension between Salesforce and Google will see CRM and Google Workspace capabilities brought together, as GenAI demand continues to surge

Governance, Risk and Compliance

What unbundling Microsoft Teams will mean for EU customers

In the midst of an EU antitrust investigation, Microsoft Teams is now set to be offered to businesses separately from its Office suite

People Moves

Ex-NVIDIA executive Ido Bukspan appointed new CEO of Pliops

The semiconductor veteran will lead all operations at data processor startup Pliops, as former CEO Uri Beitler shifts focus to strategy

Data Protection & Privacy

People Moves

Advanced appoints Simon Walsh as new CEO

UK software and services vendor Advanced has turned to former NTT Americas CEO Simon Walsh to take the lead of all operations

Data Analytics & Data Science

AVEVA appoints Caspar Herzberg as CEO

Following its recent acquisition by Schneider Electric, UK industrial software company AVEVA has promoted from within to appoint Caspar Herzberg as chief executive officer

IT management

LogicMonitor appoints Taggart Matthiesen as chief product officer

SaaS observability provider LogicMonitor has hired former Lyft and Twitter executive Taggart Matthiesen as its new chief product officer

Disruptive Innovation

Pleo appoints Meri Williams as CTO

CIO and CTO

Lucinity appoints Hjoertur Stefansson as CTO

Releases & Updates

NCSC releases guidelines for secure AI development

New guidance from the National Cyber Security Centre (NCSC) aims to help businesses securely innovate with AI and minimise risks

AI & Machine Learning

AI & Machine Learning

AI observability launched by New Relic to aid LLM monitoring

AI Monitoring (AIM) from observability provider New Relic will help business customers to monitor and mitigate LLM performance flaws.

Generative AI

Sam Altman reveals further Microsoft funding plans, to aid AGI development

In an FT interview, OpenAI chief Sam Altman said further investment from Microsoft is being explored, to back artificial general intelligence.

Education

£200m digital skills training scheme launched by UK government

Government funding is to be aimed at digital skills training across high-growth UK sectors including green energy and construction

CIO and CTO

Forrester: defining and driving tech value for CIOs

Delivering true value for tech customers goes beyond offering a service, as explained during the opening keynote of the Forrester Technology and Innovation EMEA conference

Cloud & Edge Computing

CMA to probe big tech cloud providers for market dominance

The £7.5bn UK cloud market is set for a CMA investigation into the competition practices of AWS and Microsoft, with findings alleging vendor lock-in