Enterprise

Elon Musk To Face Lawsuit For Late Twitter Stock Disclosure

US judge orders Elon Musk to face most of lawsuit alleging he defrauded shareholders with late Twitter shareholding disclosure

1 year ago

John McAfee Prison Death Appeal Rejected By Spanish Court

Appeal to reopen investigation into prison death of anti virus pioneer John McAfee is rejected by court in Spain

1 year ago

Apple Ordered To Face Apple Pay Antitrust Lawsuit

US judge orders Apple to face antitrust lawsuit by payment card issuers for over the Apple Pay mobile wallet

1 year ago

TalkTalk To Split Into Three Companies, With CEO To Step Down

Job losses expected, as TalkTalk confirm plan to “demerge its main operating businesses” into three standalone entities

1 year ago

UK CMA Confirms Microsoft Compromise Satisfies Concerns

UK competition regulator indicates Microsoft/Activision compromise addresses previous CMA concerns in cloud gaming

1 year ago

Toshiba Approves $14bn Private Equity Takeover

Japanese conglomerate Toshiba set to go private after successful $14 billion offer from private equity firm JIP

1 year ago

Neuralink To Begin Brain Implant Trial On Paralysed Patients

Elon Musk brain-implant startup, Neuralink, gains approval to begin human trials on people dealing with paralysis

1 year ago

ARM Shares Soar 25 Percent After Nasdaq Listing

Successful public listing for ARM Holdings in the US after its shares rise 25 percent above Nasdaq debut price

1 year ago

ARM Holdings IPO Values Firm At £43.6 Billion

Ahead of its shares listing on Thursday, British chip designer ARM Holdings secures a market value of $54.5bn (£43.6bn)

1 year ago

Apple And ARM Sign Long-Term Chip Deal

Apple has struck a deal with ARM through 2040 and “beyond,” to allow iPhone giant access to the British chip…

1 year ago

Newport Wafer Fab To Cut Jobs, Blames Government Restrictions

National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues

1 year ago

Amazon Loses One Medical CEO After Acquisition

CEO of One Medical healthcare provider acquired by Amazon resigns, six months after $3.9 billion deal was closed

1 year ago

Binance Product Head Resigns Amid US Investigation

Binance's global head of product resigns, amid a number of executive departures, job losses, and US regulatory lawsuit

1 year ago

ARM Signs Up Major Tech Firm Investors, Prices IPO

Apple, Alphabet, Intel, Samsung etc sign up as investors in ARM's upcoming IPO, as management lowers listing valuation

1 year ago

Instacart Reports Revenue Surge Ahead Of IPO

US grocery delivery firm Instacart reports 31 percent revenue surge ahead of delayed offering, as investors look for IPO recovery

1 year ago

Mastercard Ends Binance Card Partnership

Latest blow to crypto giant as Mastercard ends Binance-branded cards in certain regions, following similar move by Visa

1 year ago

Nvidia Reaps AI Chip Demand As Profit Surges

Quarterly profits at Nvidia rocket up 843 percent, as GPU powerhouse benefits massively from demand for AI chips

1 year ago

FTX’s Sam Bankman-Fried Surviving On ‘Bread And Water’

Jail is not agreeing with vegan Sam Bankman-Fried, as lawyers express concern about access to suitable food, medicine in Brooklyn…

1 year ago

Microsoft Makes Concession To Win UK Activision Approval

Major concession from Microsoft as it seeks to win approval from UK's CMA for $69bn (£54bn) Activision Blizzard acquisition

1 year ago

ARM ‘Saw Annual Revenue Decline’ Ahead Of IPO

UK-based chip designer ARM reportedly saw 1 percent annual revenue decline due to smartphone slump as it prepares bellwether IPO

1 year ago

SoftBank Acquires Vision Fund ARM Stake At $64bn Valuation

Japan's SoftBank acquires 25 percent ARM stake from its Vision Fund unit in deal that values UK chip designer at…

1 year ago

PayPal To Pause UK Crypto Sales Until 2024

As UK regulator readies crypto advertising rules, PayPal says it will “temporarily pause” British users from buying cryptocurrencies

1 year ago

UK Launches £1 Billion FinTech Fund

FinTech Growth Fund, backed by Mastercard, Barclays and the London Stock Exchange, aims to fund financial technology companies before listing

1 year ago

Vietnam’s VinFast Car Maker Overtakes GM, Ford After IPO

Shares in VinFast surge 270 percent after IPO, valuing Vietnam’s car manufacturer ahead of Ford and General Motors

1 year ago

Intel Purchase Of Tower Semiconductor Terminated, China Blamed

Intel's proposed acquisition of Tower Semiconductor for $5.4bn terminated after China failed to approve the deal

1 year ago

Foxconn Touts ‘Billions’ Of Dollars Investment In India

Apple iPhone maker Foxconn suggests it may invest billions of dollars in India, a month after withdrawing from planned chip…

1 year ago

Binance Seeks Protection From US Financial Regulator

Crypto exchange Binance files for court protective order against US SEC, alleging regulator requests were “unduly burdensome”

1 year ago