Enterprise

Former Wirecard CEO Dismisses ‘Absurd’ Allegations

Defence for former Wirecard CEO Markus Braun begins in Germany, with his lawyer lambasting prosecution charges

2 years ago

Microsoft To Acquire 4 Percent Of London Stock Exchange In Cloud Deal

Ten year cloud data deal between LSE and American software giant, sees Microsoft acquire 4 percent of equity stake in…

2 years ago

US Moves To Block Microsoft’s Activision Purchase

Biden administration on Thursday makes its move to block Microsoft's $69bn acquisition of gaming giant Activision Blizzard

2 years ago

Trial For Wirecard Executives Begins In Germany

Trial of former CEO and other managers begins in Germany, following spectacular collapse of Munich fintech Wirecard in 2020

2 years ago

Alphabet To Merge Waze And Google Maps Teams

CEO of Waze to depart Google after confirmation Waze and Google Maps teams will merge, as standalone Waze app to…

2 years ago

TSMC Triples Arizona Factory Investment To $40 Billion

President Joe Biden is to visit TSMC chip plant in Arizona after Taiwanese firm prepares to more than triple its…

2 years ago

Microsoft Promises 10-Year Sony PlayStation Deal

Microsoft offers Sony 10-year contract for Call Of Duty cross-platform release dates, to ease regulatory concern at Activision purchase

2 years ago

HM Treasury Finalising Crypto Industry Rules – Report

UK's Treasury is reportedly finalising sweeping new powers for Financial Conduct Authority to properly regulate the cryptocurrency industry

2 years ago

Parler And Kayne West Terminate Acquisition Deal

Owner of Parler and American rapper Kanye West (aka Ye) agree to terminate sale of the app, “in the interest…

2 years ago

Bitfront To Close Down, In Latest Crypto Failure

Latest casualty. Crypto exchange Bitfront confirms it is shutting down amid challenging crypto market, despite best efforts

2 years ago

Maersk, IBM Discontinue Blockchain Shipping Platform

TradeLens, a blockchain platform from shipping giant Maersk and IBM is to be discontinued, to due lack of commercial viability

2 years ago

Crypto Lender BlockFi Files For Chapter 11 Bankruptcy

FTX collapse cited, as cryptocurrency lender BlockFi files for Chapter 11 bankruptcy protection in New Jersey court

2 years ago

MPs Urge Government Support For Chip Industry

MPs urge government to publish delayed semiconductor strategy as US, EU and China push ahead with chip plans

2 years ago

Aveva Shareholders Accept Schneider’s £9.9bn Takeover Offer

Cambridge-based engineering software firm Aveva acquired by France's Schneider Electric for £9.9bn pounds ($11.9bn)

2 years ago

EU Countries Agree 45bn Euro Chip Production Plan

European chip production subsidies. Agreement from EU countries to a 45-billion-euro ($46.6 billion) fund to encourage local chip production

2 years ago

HP To Layoff 4,000 To 6,000 Staff Over Next Three Years

Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed…

2 years ago

UK Competition Watchdog Probes $61bn Broadcom-VMware Buy

UK follows EU in launching initial investigation of $61 billion Broadcom deal to buy VMware amidst closer attention to big…

2 years ago

Most Twitter Staff Refuse Musk Ultimatum – Report

Reports suggest 75 percent of Twitter's remaining staff refused Musk's “hardcore” ultimatum, as offices are closed until Monday

2 years ago

Lawsuit Against FTX Founder, As New Boss Slams Previous Management

Class action lawsuit launched against Sam Bankman-Fried, as new FTX CEO slams previous corporate management practices

2 years ago

Elon Musk To Find New CEO For Twitter, Backtracks Over SEC Insults

Twitter boss Elon Musk says he will eventually find new leader for Twitter, as former CEO Jack Dorsey rules out…

2 years ago

UK Government Blocks Newport Wafer Fab Acquisition, Citing National Security

Dutch chipmaker Nexperia (owned by a Chinese firm) is ordered to sell majority stake in Newport Wafer Fab on national…

2 years ago

Elon Musk Demands Twitter Staff Agree To Long Hours In ‘Hardcore’ Email

Twitter staff ordered in Musk ultimatum email to choose to work “long hours at high intensity” or leave. They have…

2 years ago

Amazon Launches Virtual Health Clinics In US

The doctor will see you now. E-commerce giant Amazon launches virtual doctor surgery in the US for people's common ailments

2 years ago

Failed FTX Exchange Could Have A Million Creditors

As regulators begin investigations into FTX's bankruptcy, filings indicate the failed crypto exchange could have 1 million creditors

2 years ago

Amazon’s Jeff Bezos To Give Away Most Of Fortune

Founder of Amazon and one of the richest men in the world, promises to give away vast majority of his…

2 years ago

Elon Musk Fires Majority Of Twitter’s External Contractors

More firings. Elon Musk reportedly axes 4,400 of 5,500 external contractors that worked on Twitter's content moderation

2 years ago

FTX Crypto Exchange Files For Bankruptcy, CEO Resigns

Chapter 11 for cryptocurrency exchange FTX, after it failed to secure rescue bid and additional funding. CEO Sam Bankman-Fried resigns

2 years ago

FTC Closely Watching Developments At Twitter, As More Resign

Elon Musk raises possibility of bankruptcy at Twitter, as entire privacy and compliance team resigns prompting FTC warning

2 years ago

More Twitter Departures As Security Boss Resigns

Exodus at Twitter continues, after security chief Lea Kissner confirms resignation from the microblogging platform

2 years ago

President Biden Says Elon Musk Relationships With Other Countries ‘Worth Looking Into’

National security threat? President Biden says Elon Musk's relationships with other countries “is worthy of being looked at”

2 years ago