Tag: Technology

Dec 21

UK tech sector retains third in the world as sector resilience brings continued growth 

The UK tech sector will end the year as Europe’s leading ecosystem, retaining its position as the main challenger to the US and China amidst a global backdrop of difficult economic conditions, according to new figures from Dealroom for the Digital Economy Council During 2022, fast-growing UK tech companies have continued to raise at near-record […]
Dec 8

Elon Musk accused of turning Twitter offices into bedrooms

Twitter is under investigation by city officials in San Francisco following a complaint that the company allegedly converted rooms in its headquarters to sleeping quarters, an inquiry that has drawn scorn from Elon Musk. As of Monday, the office has “modest bedrooms featuring unmade mattresses, drab curtains and giant conference-room telepresence monitors” with four to […]
Oct 21

Elon Musk ‘planning to fire’ 75% of Twitter workers as $44 billion takeover edges closer

Elon Musk is considering cutting Twitter’s workforce by almost 75 per cent, as the deadline for his $44 billion takeover of the social media group edges closer. The world’s richest man has proposed drastic cuts to the San Francisco-based company’s 7,500 workforce, reducing it to just over 2,000, during conversations with prospective investors, The Washington […]