UK Tech Sector Profit Warnings Jump, EY-Parthenon Report Says

Bloomberg TechnologySunday, October 19, 2025 at 11:01:00 PM
NegativeTechnology
UK Tech Sector Profit Warnings Jump, EY-Parthenon Report Says
A recent report from EY-Parthenon reveals a significant increase in profit warnings from UK tech firms, particularly in the software and computer services sectors. This trend is concerning as it highlights the challenges these companies are facing in a competitive market, potentially impacting investor confidence and future growth.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
I used the Honor Magic V5 for a week and it put a spell on me
PositiveTechnology
The Honor Magic V5 has made a significant impact since its launch in the UK, boasting stunning displays, a large battery, and impressive camera capabilities. This smartphone is not just another device; it's a serious competitor to the Samsung Galaxy Z Fold 7, which could shake up the market. Its features suggest that Honor is stepping up its game, making it a device worth considering for anyone in the market for a foldable phone.
Virgin Media O2 will roll out mmWave tech that allows it to transmit a record-breaking 4Gbps to a single device - and it will come to the busiest places in the UK
PositiveTechnology
Virgin Media O2 is set to revolutionize internet speeds in the UK by rolling out mmWave technology that can deliver an impressive 4Gbps to a single device. This advancement is particularly significant as it targets some of the busiest locations in the country, promising to enhance connectivity and user experience in urban areas. With this move, Virgin Media O2 is not only improving its service but also positioning itself as a leader in the telecommunications industry.
Singapore, Thailand Look Into Alleged Fraud Ring Targeted by US
NegativeTechnology
Authorities in Thailand and Singapore are investigating a Cambodian real estate group following sanctions imposed by the US and UK on the company's chairman due to allegations of fraud and money laundering. This situation highlights the growing international scrutiny on financial misconduct and the importance of regulatory cooperation in combating such issues.
Driverless cars are coming to the UK – but the road to autonomy has bumps ahead
NeutralTechnology
Waymo is set to introduce robotaxis in London by 2026, marking a significant step towards fully autonomous vehicles in the UK. However, the journey has been fraught with challenges, including previous delays and skepticism about the technology's readiness. This development is important as it highlights the ongoing evolution of transportation and the potential impact on urban mobility, even as questions about safety and infrastructure remain.
Forgejo v13.0 Is Available
PositiveTechnology
Forgejo has just released version 13.0, bringing exciting new features and improvements that enhance user experience and functionality. This update is significant as it reflects the ongoing commitment of the developers to provide a robust and efficient platform for users, making it a noteworthy event in the software community.
UK MPs warn of repeat of 2024 riots unless online misinformation is tackled
NegativeTechnology
UK MPs are sounding the alarm over the potential for a repeat of the 2024 summer riots, citing a lack of action against online misinformation as a major concern. Chi Onwurah, chair of the Commons science and technology select committee, emphasized that the government's complacency regarding social media content poses a significant risk to public safety. This warning highlights the urgent need for effective measures to combat misinformation, as unchecked viral content could incite unrest once again.
Elon Musk Has Turned His Eye to the UK
PositiveTechnology
Elon Musk is once again turning his attention to the UK after a brief hiatus focused on DOGE. His earlier posts about British politics generated significant interest, and now his return could reignite discussions around the UK's political landscape. This matters because Musk's influence can shape public opinion and draw attention to important issues.
Latest from Technology
What is the release date for Gen V season 2 episode 8 on Prime Video?
PositiveTechnology
Fans of Gen V can look forward to the release of the final episode of its second season this week on Prime Video. This is exciting news for viewers who have been eagerly following the series, as it promises to wrap up the season's storylines and deliver a thrilling conclusion. The anticipation surrounding the episode highlights the show's growing popularity and the strong connection it has built with its audience.
Napster returns as an AI companion for your MacBook – seriously
PositiveTechnology
Napster is making a comeback, this time as an AI companion for your MacBook. The new gadget promises to assist users with a variety of tasks, making everyday computing more efficient and enjoyable. With some music features included, it aims to blend productivity with entertainment, appealing to both tech enthusiasts and casual users. This innovation highlights the growing trend of integrating AI into personal devices, making it a significant development in the tech landscape.
Spotify’s upgraded live events feed lets you follow your favorite live music venues, allowing you to discover the lesser-known gigs in your area
PositiveTechnology
Spotify has launched an upgraded live events feed that allows users to follow their favorite local music venues, making it easier to discover lesser-known gigs in their area. This feature is significant as it enhances the live music experience, ensuring fans never miss out on exciting performances happening nearby.
One AWS failure took down the internet Monday morning - what went wrong
NegativeTechnology
This morning, a significant failure at Amazon Web Services (AWS) caused widespread disruptions, taking down numerous websites and applications. This incident highlights our heavy reliance on cloud services and raises concerns about the resilience of the internet infrastructure. As businesses and users depend more on these platforms, understanding the implications of such outages becomes crucial for future preparedness.
Amazon’s AWS Disruption Creates Outages for Hundreds of Websites for Hours
NegativeTechnology
Amazon's AWS experienced significant disruptions, leading to outages for hundreds of websites for several hours. This incident highlights the vulnerability of online services that rely on cloud infrastructure, affecting businesses and users alike. The impact of such outages can be far-reaching, causing loss of revenue and frustrating users who depend on these platforms for daily activities.
Get half off annual subscriptions to one of our favorite budgeting apps right now
PositiveTechnology
Great news for those looking to manage their finances better! One of our favorite budgeting apps is currently offering a fantastic deal with half off annual subscriptions. This is a perfect opportunity for anyone wanting to take control of their spending and savings. With this discount, users can access premium features that make budgeting easier and more effective, helping them achieve their financial goals.