Enterprise

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…

1 year 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

1 year 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…

1 year ago

Intel Restructures Manufacturing Business, Shares Slide

During investor update, Intel confirms manufacturing business will work like a separate unit as part of Pat Gelsinger's foundry plan

1 year ago

Elon Musk Touts Significant India Investment By Tesla

India has more promise than any other large country in the world, says Elon Musk after meeting Indian PM Modi

1 year ago

Adobe’s $20bn Deal For Figma At Risk From EU Regulators – Report

Adobe's ‘transformative’ deal to buy collaborative design start-up Figma for $20bn is reportedly to be reviewed by EU regulators

1 year ago

Terra Co-Founder Do Kwon Prison Sentence

Court in Montenegro jails Terraform Labs founder Do Kwon and CFO for four months, for forging official documents

1 year ago

Amazon’s $1.7bn iRobot Acquisition Cleared By UK’s CMA

UK antitrust regulator clears Amazon’s proposed smart home acquisition of Roomba maker iRobot after investigation

1 year ago

Microsoft Reaches $2.6 Trillion Valuation Thanks To AI

Software giant Microsoft breaches $2.6 trillion valuation, but Apple remains the most valuable publicly listed tech company

1 year ago

ARM In Talks With Potential IPO Investors – Report

Talks with potential 'anchor investors' in ARM's upcoming IPO may include Intel, Alphabet, Apple, Microsoft, TSMC, Samsung etc

1 year ago

Vodafone, Three Merger: Industry Reaction

Merger to create the largest mobile operator in the UK draws reaction from industry experts and commentators

1 year ago

Vodafone, Three Merger To Create UK’s Biggest Mobile Operator

Vodafone UK will own 51 percent of combined entity with Three UK, as challenge to EE and Virgin Media O2…

1 year ago

Judge Grants FTC Injunction To Temporarily Block Microsoft-Activision Deal

Temporary restraining order by US regulator to prevent Microsoft's acquisition of Activision, is granted by US judge

1 year ago

Coinbase, Binance Hit Back After SEC Lawsuits

Coinbase CEO Brian Armstrong hits out at SEC chair Gary Gensler, while Binance alleges Gensler sought role at crypto exchange

1 year ago

Microsoft’s Brad Smith Meets Chancellor After Blocked Acquisition

Microsoft's Brad Smith meets with Chancellor and CMA, after saying the Activision block discourages investment in UK

1 year ago

SEC Sues Binance, CEO, And Coinbase

US financial regulator alleges US clients of Binance have $2.2 billion at risk, after lawsuits against Coinbase and Binance

1 year ago

Twitter Value Collapses After Fidelity Writedown

Financial institution slashes estimate value of its Twitter stake, suggesting the Elon Musk firm value has decreased significantly

1 year ago

Nvidia Briefly Hits $1 Trillion Valuation

GPU powerhouse Nvidia briefly joins elite $1 trillion valuation club, after its share price continued to rise amid AI boom

1 year ago

China Approves Microsoft-Activision Deal ‘Unconditionally’

Chinese regulator approves $69 Microsoft-Activision Blizzard takeover 'unconditionally' amidst opposition from US and UK

1 year ago

Ericsson Whistleblower Awarded $279m By SEC

Nice little earner. Record $279 million award from the US SEC to unnamed Ericsson whistleblower, over bribery case

2 years ago

EU Approves Viasat Inmarsat Merger

European blessing. Last remaining regulatory hurdle cleared, allowing proposed merger of Viasat and Inmarsat

2 years ago

Virgin Orbit Shuts Down After Chapter 11 Filing

Sir Richard Branson ends Virgin Orbit operations going forward, with assets being sold off to rivals in space launch sector

2 years ago

Bail Rescinded For Terra Co-Founder Do Kwon

Higher court in Montenegro rescinds 800,000 euro bail for Do Kwon due to flight risk concerns, after US and South…

2 years ago