Enterprise

WeWork Files For Bankruptcy Protection In US

WeWork, once valued privately at $47bn and seen as future of workplace, files for bankruptcy in US amidst heavy losses

1 year ago

Chinese AI Start-Up Achieves $1bn Valuation In Eight Months

Beijing-based AI start-up 01.AI, founded by computer scientist Kai-Fu Lee, valued at more than $1bn less than eight months after…

1 year ago

Sam Bankman-Fried Found Guilty On All Charges

Former crypto billionaire Sam Bankman-Fried found guilty of all charges for his role in the collapse of FTX and Alameda…

1 year ago

Apple Disappoints As FY23 Results Decline

Declines for Mac, iPads and wearables, home and accessories, plus gloomy holiday season outlook, dents Apple's Q4 and full year…

1 year ago

Sam Bankman-Fried Trial Nears End After Closing Remarks

Criminal trial of FTX's Sam Bankman-Fried enters the final stretch, after closing arguments from prosecution and defence teams

1 year ago

Vodafone To Exit Spain With Sale Of Spanish Arm To Zegona

Mobile giant confirms it will sell Vodafone Spain to Zegona for $5.3 billion (£4.4bn), in another restructuring move by new…

1 year ago

Western Digital To Split Into Two After Walking Away From Kioxa Merger

Western Digital to split into flash memory and hard disk companies after walking away from stalled merger talks with Kioxa…

1 year ago

Bankman-Fried Says He Acted On Legal Advice

FTX founder and former CEO Sam Bankman-Fried testifies lawyers were involved in his key decisions at bankrupt exchange

1 year ago

Silicon UK Pulse: Your Tech News Update: Episode 24

Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the…

1 year ago

Sam Bankman-Fried Begins Defence In FTX Fraud Trial

FTX fraud battle sees defence begin case for Sam Bankman-Fried, after damning prosecution witnesses testimony

1 year ago

Meta Profit Soars From Ongoing Strong Ad Spending

Meta Platforms beats expectations in its Q3 financials, helped by an ongoing uptick in digital ad spend and cost cutting…

1 year ago

FTX Engineer Testifies To Lavish Spending In Bankman-Fried Trial

Sam Bankman-Fried directed political donations and spent $1.13 billion on celebrities and sponsorships, Nishad Singh testifies

1 year ago

Binance Stops Accepting New UK Users, Citing Regulations

New regulations in the UK cited as reason for Binance decision to stop accepting new customers in United Kingdom

1 year ago

Space Start-Up Investment Sees Third-Quarter Growth

Investment in space start-ups sees growth in third quarter for first time in more than a year as investors look…

1 year ago

Microsoft Completes $75bn Activision Blizzard Buyout

CMA criticises Microsoft's conduct during antitrust probe after structural change to deal allows it to clinch regulatory approval

1 year ago

Equifax Fined By UK Watchdog Over 2017 Data Breach

UK's financial watchdog fines Equifax £11.2m for failure to protect UK consumer data in one of the largest ever cyber…

1 year ago

UK Regulator Approves Microsoft’s Activision Blizzard Purchase

After protracted regulatory scrutiny, final hurdle removed for Microsoft's acquisition of Activision after UK grants approval

1 year ago

Silicon UK Pulse: Your Tech News Update: Episode 22

Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the…

1 year ago

Microsoft Owes $29 Billion In Back Taxes, IRS Claims

US government alleges Microsoft owes $29 billion in back taxes, but Redmond disagrees and say it will go to court…

1 year ago

Caroline Ellison Testifies Against FTX’s Sam Bankman-Fried

US star witness Caroline Ellison testifies she and former boss and boyfriend Sam Bankman-Fried defrauded customers, investors, lenders

1 year ago

AMD To Buy AI Startup As Nvidia Battle Heats Up

US chipmaker AMD is to acquire startup Nod.ai for undisclosed amount, as AI competition against rival Nvidia ramps up

1 year ago

Mike Lynch Seeks Dismissal Of US Fraud Case

Founder of Autonomy, Dr Mike Lynch, files legal challenge to have US criminal fraud charges against him thrown out

1 year ago

FTX Co-Founder Testifies Against Sam Bankman-Fried

SEC star witness and FTX co-founder Gary Wang testifies that he and Sam Bankman-Fried committed crimes and lied to public

1 year ago

SEC Seeks To Force Elon Musk Testimony Over Twitter Purchase

US regulator sues Elon Musk, alleging he didn’t comply with federal subpoena to testify on 15 September in Twitter purchase…

1 year ago

BlackBerry To Separate Business Units, Seeks IPO

Strategic review sees BlackBerry confirm it will separate its Internet of Things (IoT) and cybersecurity business units

1 year ago

Sam Bankman-Fried Trial Begins With Jury Selection

Trial of former crypto multi-billionaire Sam Bankman-Fried begins in New York, with jury selection underway

1 year ago