Staff Reporter

Staff Reporter

MusicMagpie will be sold to AO for £10 million

AO is to buy musicMagpie £10 million. The deal is structured as a “scheme of arrangement” and is expected to be finalised pending court approval. Around 54 per cent of MusicMagpie shareholders, including key institutions, have shown support for the acquisition. A scheme of arrangementis a legal process used in corporate transactions, including mergers, takeovers,

Tech Minister opens Digital Catapult Newcastle 5G Immersive lab

Minister of State at the Department for Science, Innovation and Technology and the Department for Culture, Media and Sport, Chris Bryant has visited the new Digital Catapult 5G Immersive Lab in Newcastle. THe innovation lab, based in Newcastle’s Eldon Square, will help SMEs adapt to 5G and immersive technologies and facility wwill encourage SMEs to

Doro to be acquired by Norwegian smartwatch maker Xplora for £61.4 million

Norwegian children’s smartwatch maker Xplora Technologies is set to buy Swedish device manufacturer Doro for £61.4 million (SEK 829 million). The bid of SEK 34 per share is 38.2 percent above Doro’s closing price on the Stockholm Stock Exchange last Thursday. Doro’s largest shareholders, Accendo Capital, Cidro Förvaltning, and Swedish investor and entrepreneur Peter Lindell,are considering the bid.

Reboxed appoints BlankIT to handle logistics and quality control

Reboxed, the sustainable platform offering refurbished devices, has announced a new logistics partnership with BlankIT known for its expertise in device quality control. The collaboration is expected to elevate Reboxed’s mission of delivering top-tier refurbished products to consumers in an eco-friendly manner. BlankIT Ltd will now oversee Reboxed’s device logistics, ensuring rigorous quality assurance. The

Vodafone joins global telecom leaders to form Ericsson API joint venture

Vodafone has joined other major neowkr operators around the world to create a new company with Ercisson  to offer network Application Programming Interfaces (APIs) globally. The venture aims to simplify access to advanced mobile network features, which have traditionally been difficult for developers to integrate across various telecom systems. The deal is expected to close