Tech firm iamproperty is set to create up to 50 new jobs this year as it prepares to launch new innovations. The Newcastle company, which started out as a two-man team in 2009 with Jamie Cooke and Ben Ridgway, has set its sights on its biggest year of growth so far as it continues to lead the market for online property auction services. A recruitment drive is now under way at the firm, which has...
A Birmingham tech entrepreneur who created an online platform to help companies with HR matters has sold the venture to a US group. Air HR was launched by Nick Holzherr in 2016 and offers services such as people records, time off management, expenses tracking and analytics reporting. It primarily serves small- and medium-sized businesses and has more than 3,000 users across the UK. He has now...
Maven Capital Partners has announced a funding deal for Northamptonshire-based software firm Zinc Digital Business Solutions. Zinc, based just outside Northampton, is a software as a service (Saas) firm that specialises in safety, security and critical event management. Its customers include the Environment Agency, Kingfisher and Allied Universal. Maven says the funding will allow it to invest in...
One of Wales’ leading technology firms, IQE, has filed legal action in the US against an Israeli chip maker for alleged misappropriation of trade secrets. In response Tower Semiconductor has strongly denied any wrongdoing, describing IQE’s claims as “baseless.” IQE, which is headquartered in Cardiff and is a world leading supplier of compound semiconductor wafer products and advanced material...
Elon Musk may get access to Twitter data used in a 2021 audit of active users but other information the billionaire seeks in a bid to end his $44bn deal to buy the company were rejected as “absurdly broad”, a judge said on Thursday. Twitter must turn over data from the 9,000 accounts sampled in the fourth quarter as part of its process to estimate the number of spam accounts. Twitter had said...
Peloton recorded losses of more than $1.2bn in the past three months, the company announced on Thursday, frustrating investors looking for progress in the company’s efforts to revive sagging sales of its fitness equipment. The news sparked another selloff for the company’s shares as one analyst foresaw mounting “existential” threats to the company’s survival. Shares tumbled more than 19% to $10...
More than $100m (£85m) worth of non-fungible tokens were stolen in the year to July, research shows, with criminals making off with an average of $300,000 per scam. Criminals have stolen valuable NFTs – crypto assets that confer ownership of a unique digital item, often a piece of virtual art – in a variety of ways, according to a report by the cryptocurrency analyst Elliptic. “The most valuable...
Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44bn agreement to acquire the social media platform. The subpoena was revealed in a court document on Monday. Musk and Twitter are embroiled in a legal battle after the billionaire businessman offered to buy the company – then tried to back out, claiming that Twitter had failed to...
Google has been accused of airbrushing aviation emissions, after the company changed its flight search engine to halve the CO2 emissions attributed to any given trip. The change, first noted by the BBC, affects a feature on Google Flights that shows the estimated carbon emissions of each route. The company flags routes with higher or lower than typical emissions, and also reports the total CO2...
TikTok has the ability to track every tap of your screen while you browse in its iOS app, including typed passwords and clicked links, according to new research by software engineer Felix Krause. In-app browsing refers to any activity on third-party sites that open in the app, rather than in an external window. On Thursday, Krause released a report examining the JavaScript code social media...