Breast-pump maker Elvie bought by US rival that sued ‘femtech’ pioneer

Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. Elvie, one of the UK’s most feted female-led start-ups, has been acquired by the US rival that was pursuing legal action against the “femtech” group before it fell into administration. The London-based group, backed by … Read more

Bad ‘hard’ data creeps in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

EQT teams up with Fortnox chair in bid valuing Swedish software group at $5.5bn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity group EQT has made an all-cash offer for Swedish software group Fortnox in concert with the company’s largest shareholder and chair Olof Hallrup, sending shares up 36 per cent on Monday. The bid, … Read more

China’s WeRide warns driverless tech profitability ‘difficult to predict’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nasdaq-listed Chinese autonomous driving company WeRide has said it hopes to become profitable within five years but warned that uncertainty over international government regulation and commercial partnerships make the timing “difficult to predict”. Tony Han, … Read more

Five essential gadgets for your car

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Airinum’s founder, Alexander Hjertström, has been on a quest to battle poor air quality ever since his childhood asthma was retriggered on a trip to India in 2014. The Swedish firm’s first product, a stylish … Read more

UK tech scheme includes AI tool to mark homework as ministers weigh selling data

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An artificial intelligence tool to mark schoolchildren’s homework is being developed using a trove of UK government data, ahead of plans to sell public records including health information within a decade. A new government scheme … Read more

Smiths expands US manufacturing of chip testers, after trade restrictions

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Engineering company Smiths Group has become the latest manufacturer to establish a route around US President Donald Trump’s trade policies, by preparing to make some of its semiconductor testing devices in Texas instead of China. … Read more