Tesla CEO Elon Musk admits he could need the funds if he loses legal showdown with Twitter and is forced to purchase the platform
TECHNOLOGY POWERING BUSINESS
2022
Facebook At Centre Of US Teenager Home Abortion Case
Court documents show Facebook provided police in the US state of Nebraska with a teenager's private chats about her at home abortion
President Biden Signs $53 Billion US Chips Act
President Joe Biden signs landmark bill to encourage chip makers to build more semiconductor manufacturing capacity in the US
WhatsApp Update To Allow Users To Leave Groups Silently
Privacy changes to WhatsApp. No more blanket notifications to a group if a user decides to exit the group chat, as well as other changes
Information Commissioner To Investigate Targeted Gambling Ads
Information Commissioner's Office examines complaint alleging gambling industry makes use of profiles to target gambling addicts
US Lawmakers Kick Off Push For Federal Autonomous Vehicle Laws
Two US lawmakers launch bipartisan effort to educate other legislators about importance of autonomous vehicles as they look to revamp federal legislation
Nvidia Warns Of 44 Percent Drop In Gaming Sales
Nvidia warns gaming sales set to come in significantly lower than expectations amidst end of pandemic-era surge in demand and slump in crypto-mining
Qualcomm Adds $4.2bn To GlobalFoundries Semiconductor Deal
Qualcomm expands existing chip manufacturing deal with GlobalFoundries by $4.2bn as it seeks to limit supply chain disruption amidst global chip shortage
SoftBank Sells Off Uber Stake, Cuts Vision Fund Staff
Japan's SoftBank sells off Uber stake, plans to cut staff at flagship Vision Fund investing arm as market turmoil leads to steep quarterly losses
NHS Works To Restore 111 System After Cyber-Attack Causes Delays
NHS digital supplier says impact of cyber-attack on 111 hotline may only be resolved this week as 'security issue' causes delays to some services
BT Completes Carrier Aggregation Trial In Europe 5G First
BT and Nokia complete carrier aggregation trial combining four 5G spectrum channels for faster speeds as operators migrate to standalone 5G
China’s Didi Chuxing ‘Fears More Sanctions’
The management of Chinese ride-hailing giant Didi Chuxing reportedly fears further sanctions may follow last month's record-breaking $1.2bn data fine
Apple Tells Taiwanese Suppliers To Avoid Disruption
Apple reportedly tells Taiwanese suppliers to ensure parts are labelled in line with China's 'One China' policy amidst flare-up of political tensions
Vietnam’s VinFast Ramps Staff Ahead Of US Electric Vehicle Launch
Vietnam's VinFast, part of conglomerate Vingroup, to more than double Vietnam headcount as it prepares to ship first electric SUVs to US by year-end
Deezer ‘Set For German Expansion’ After IPO Slump
Deezer to use funds from July IPO in Paris to expand into Germany in partnership with RTL as it seeks to replicate success in France and Brazil
Dorsey’s Block To Cut Expenditures After Crypto Loss
Jack Dorsey-led Block, formerly Square, to cut hiring and investment target after Bitcoin volatility and slowing consumer demand drives down profits
Amazon To Buy Roomba Maker iRobot For $1.7bn
Amazon signs deal to buy Roomba maker iRobot for $1.7bn as it looks to expand on smart home offerings such as Alexa, Ring doorbells
Tinder Ditches Metaverse, Digital Coin Plans As Investors Swipe Left
Tinder parent Match Group suspends plans to develop metaverse-based dating and Tinder Coins after announcing disappointing third-quarter expectations
Debris From SpaceX Dragon Capsule Lands On Australian Farm
Chunks of space debris found on Australia mountain top farmland identified as remains of a four ton SpaceX Dragon capsule
Amazon Staff In Essex Halt Work Over 3 Percent Pay Rise
GMB Union claims 700 Amazon staff in Tilbury warehouse stopped work in response to a 3 percent (35 pence) pay rise from the firm
Twitter Labels Elon Musk’s Counterclaim ‘Factually Inaccurate’
Elon Musk's lawsuit counterclaims are “factually inaccurate, legally insufficient, and commercially irrelevant”, says Twitter
Apple HR Allegedly Mishandled 15 Misconduct Complaints From Women
Apple's HR department accused by 15 women of mishandling serious misconduct allegations, and in some cases even retaliating against them
Druva Touts $10m SaaS Data Protection Guarantee
With cloud adoption increasing amid ongoing risks of cyberattacks on customer data, Druva offers a $10m protection guarantee
Italy, Intel Close To $5bn Chip Factory Agreement
Increase In European chip production? Agreement for Intel semiconductor packaging and assembly factory in Italy reportedly nudges closer
UK Parliament Shutters TikTok Account Over Security Fears
Fears over China's data collection law prompts UK Parliament to close down its TikTok account, after just one week of operation
TSMC Warns It Will Close Operations If China Invades Taiwan
Chip warning. China's sabre rattling around Taiwan prompts plea from TSMC chairman that “war brings no winners, everybody’s losers”
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Can You Trade Successfully in the UK Today?
It is a well-known fact that the stock markets are cyclical in nature. What goes up can (and will) come back down. This is one of the fundamental principles of trading, as investors often seek to purchase assets after a clearly bearish ...
Robinhood Axes 23 Percent Of Jobs, Dismisses Talk Of Sale
CEO confirms further job cuts at trading app Robinhood, with another 23 percent of staff set to be culled from the workforce
Proofpoint Warns UK Universities Failing On Email Security
Nearly all top universities in UK, US and Australia lack basic cybersecurity measures, and are not proactively blocking fraudulent emails says Proofpoint
Instagram Head To Relocate To London After Backlash
Head of Instagram Adam Mosseri to be based in Kings Cross offices, and will reportedly be seeking to hire more staff in the British capital