Enterprise

CMA Publishes Microsoft Arguments In Activision Case

UK Competiiton and Markets Authority publishes Microsoft arguments in reconsideration of Activision-Blizzard deal, calls for public comment

1 year ago

Tech Investors Flee China As Political Tensions Worsen

Private capital fundraising in Asia-Pacific on track for 10-year low as VC funding in China drops nearly 55 percent, report…

1 year ago

AMD To Invest $400m In India Over Five Years

US chipmaker AMD confirms big investment in India, plus construction of largest design centre, as New Delhi continues charm offensive

1 year ago

Campaign Finance Charge Against FTX’s Sam Bankman-Fried Dropped

Federal prosecutors drop another charge against FTX co-founder Sam Bankman-Fried, due to extradition agreement with Bahamas

1 year ago

Samsung Extends Chip Production Cuts After $7 Billion Loss

Electronics giant extends production cuts of memory chips after $7 billion loss in first half of 2023, but says the…

1 year ago

Listed US Firms Must Disclose Cyber Breaches In Four Days

US financial regulator adopts new rules to require publicly traded companies to disclose hacking incidents in just four days

1 year ago

CMA Publishes Microsoft Arguments As It Denies Bowing To Pressure

CMA publishes Microsoft's arguments for reconsideration of Activision Blizzard deal after FTC court defeat

1 year ago

FTX’s Sam Bankman-Fried Sued For More Than $1Bn

FTX files lawsuit against former CEO, seeking to recoup more than $1 billion, and alleging funds were used to cover…

1 year ago

Microsoft, Activision Extend Deal Deadline To Secure UK Approval

Microsoft continues to pull out all the stops to secure its $69 billion acquisition of gaming giant Activision Blizzard, as…

1 year ago

UK Clears Broadcom’s $61 Billion VMware Purchase

Acquisition of VMware by Broadcom will not weaken competition - the UK's CMA provisionally rules this week

1 year ago

Sony, Microsoft Agree To 10-Year Deal For Call Of Duty

Sony, Microsoft agree to 10-year deal keeping Call of Duty on PlayStation as FTC tries to block Activision Blizzard takeover

1 year ago

Celsius Founder Alex Mashinsky Arrested, Charged

Alexander Mashinsky, founder and CEO of bankrupt Celsius Network has been arrested and charged by US authorities

1 year ago

Microsoft Blow As FTC Files Activision Appeal

FTC files rare appeal against court ruling, allowing Microsoft's acquisition of Activision Blizzard to go ahead

1 year ago

FCA CEO Warns Of AI Disruption To Financial Services Sector

Head of financial regulator warns of threat posed by AI for online fraud and cyber risk, as UK seeks leadership…

1 year ago

Elon Musk Launches AI Startup xAI

AI startup known as xAI from Elon Musk seeks to challenge OpenAI's ChatGPT with a 'pro-humanity' alternative offering

1 year ago

Europe Gives Conditional Blessing To Broadcom’s $61bn VMware Deal

European Commission conditionally approves Broadcom's proposed acquisition of VMware, after concessions delivered in May

1 year ago

Nvidia In Talks To Be Anchor Investor In ARM – Report

GPU powerhouse reportedly in talks with British chip designer ARM, ahead of its September floatation in New York

1 year ago

Judge Declines FTC Injunction In Microsoft Activision Blizzard Purchase

Federal judge in San Francisco denies FTC preliminary injunction to halt Microsoft from acquiring Activision Blizzard by 18 July

1 year ago

Anthropic Opens Rival AI Chatbot To Public

Challenge to OpenAI's ChatGPT and Google Bard, after Anthropic debuts Claude 2 AI chatbot, and opens it to public

1 year ago

Foxconn Abandons Indian Chip Joint Venture, Seeks New Project

Blow to India? Taiwan's Foxconn abandons $19.5 billion chipmaking joint venture with Vedanta, but seeks local incentives for new project

1 year ago

Elon Musk Sues Law Firm Over Twitter Buyout Fees

Musk seeks recovery of $90m in fees law firm received from Twitter board for defeating Musk's attempt to walk away…

1 year ago

BT Chief Executive Philip Jansen To Step Down

BT Group chief executive Philip Jansen confirms he will step down within the next 12 months, as search begins for…

1 year ago

Samsung Warns Of 96 Percent Q2 Profit Plunge

Ongoing glut in chips sees Samsung warn that its second quarter profits are likely to plunge a staggering 96 percent

1 year ago

Microsoft-Backed Chatbot Maker Inflection AI Raises $1.3bn

Nvidia, Bill Gates, Eric Schmidt in round that values Inflection at $4bn as year-old start-up seeks to outpace OpenAI

1 year ago

CMA Begins Phase Two Probe Of Adobe’s Figma Acquisition

UK regulator deepens investigation into Adobe’s ‘transformative’ deal to buy collaborative design start-up Figma

1 year ago

Salesforce Invests $4 Billion In UK Amid AI Push

CRM giant Salesforce confirms it will invest $4bn in its UK business over the next five years, in the face…

2 years ago

IBM Pays $4.6bn For Apptio To Bolster SaaS Insights

Big Blue opens its wallet to acquire financial and IT management software provider Apptio from venture capital owner

2 years ago

Japan Buys Out JSR As It Drives Chip Equipment Sector

Japanese government to buy out chip materials maker JSR as it seeks to take advantage of US-China tensions to boost…

2 years ago