Enterprise

Crypto Market Rocked As Binance Drops FTX Rescue Deal

Cryptocurrency prices plunge after crypto exchange platform Binance withdraws from purchase of its failing rival FTX Trading

2 years ago

EU Follows UK, Begins Deeper Probe Of Microsoft Activision Deal

Europe's deeper investigation of Microsoft's Activision purchase begins, months after UK began its phase 2 probe in September

2 years ago

Germany To Block Chinese Takeover Of ERS Electronic – Report

National security. Berlin is reportedly preparing to block a second German chip firm from falling into the hands of a…

2 years ago

Germany Favours Blocking China Takeover Of Elmos’ Chip Production

National security concerns. German government looks set to block Chinese takeover of Dortmund-based company Elmos

2 years ago

Toshiba Receives $15bn Buy Out Bid – Report

Consortium led by Japan Industrial Partners submits bid to purchase Toshiba for $15bn, but reportedly has no banking approval for…

2 years ago

Mastodon User Base Doubles Amidst Twitter Uncertainty

Decentralised social network Mastodon Social sees user base double in two weeks as Elon Musk Twitter takeover raises questions for…

2 years ago

Elon Musk Begins Mass Lay-Offs At Twitter

Mass layoffs begin Friday morning, amid speculation Elon Musk will axe at least half of platform's 7,000 strong workforce

2 years ago

Britishvolt Secures Funding For Five Weeks

Staff at battery start-up Britishvolt in Northumberland take a pay cut, after it secures five-week funding lifeline

2 years ago

Elon Musk Dissolves Twitter’s Board Of Directors

Call me Chairman Musk. Tesla CEO becomes the sole director of Twitter after he dissolves its board of directors

2 years ago

No Microsoft Concessions To EU Over Activision Deal

Software giant continues to play hardball with European regulators investigating its $69 billion purchase of gaming giant Activision

2 years ago

Electric Vehicle Battery Start-Up Britishvolt ‘Near Collapse’

UK electric vehicle battery start-up Britishvolt said to be near to entering administration as funding talks reach dead end

2 years ago

Musk Denies Cutting Twitter Jobs To Avoid Payouts

Elon Musk denies timing job cuts to avoid making end-of-year stock grant payouts to Twitter staff as he takes control…

2 years ago

Apple Rides The Storm With Solid Earnings

Amid investor tech gloom, Apple's Q4 and full year results prove to be a bright spot, but it admits holiday…

2 years ago

Elon Musk Owns Twitter, Pledges It Won’t Become ‘Free-for-all Hellscape’

CEO Parag Agrawal and finance chief Ned Segal escorted out of Twitter HQ, after Elon Musk concludes acrimonious acquisition and…

2 years ago

Intel’s Mobileye Raises $861m In Nasdaq IPO

Shares in Intel's self-driving firm Mobileye Global rose 30 percent after successful public listing on the Nasdaq

2 years ago

Meta Shares Plummet Over Costs, Weak Forecast

Investors take fright as Meta's revenues fall for second straight quarter, and warns of more costs ahead, forecasts weak holiday…

2 years ago

Elon Musk Enters Twitter HQ Carrying Sink, As Deal Deadline Nears

Ahead of Friday's deadline, Elon Musk visits Twitter HQ carrying sink – reportedly tells staff he doesn't plan to axe…

2 years ago

Microsoft Shares Sink After Weak Forecast

Enterprise software giant Microsoft beat Wall Street expectations, but shares fell as it issued weak guidance for the coming quarter

2 years ago

Meta Shareholder Urges Job Cuts, Metaverse Spending Reduction

Investor says Meta has too many staff, and must reduce its hefty investment in metaverse tech in order to regain…

2 years ago

Jony Ive Successor Evans Hankey To Leave Apple

One of Apple's chief designers, Evans Hankey, is to leave the firm, three years after the depature of Sir Jony…

2 years ago

Amazon Enters UK Insurance Market With Comparison Site

Financial services push sees Amazon enter UK insurance market, with challenge to four established price comparison websites

2 years ago

Netflix To Begin Password Crackdown In 2023

Streaming giant Netflix beats Q3 expectations and adds 2.4 million subscribers, while confirming global password crackdown next year

2 years ago

Intel Slashes Mobileye IPO Valuation To Below $16 Billion

Chip giant Intel significantly lowers valuation for its self-driving car unit Mobileye Global, ahead of public listing on the Nasdaq

2 years ago

UK’s Final Decision Orders Meta To Sell Giphy

Facebook owner Meta is ordered by the CMA to sell Giphy - first time the British regulator blocks acquisition by…

2 years ago

Intel Mulls Lower Valuation For Mobileye IPO – Report

Intel is reportedly eyeing a 'significantly lower' IPO valuation than previously expected for its self-driving car unit Mobileye Global

2 years ago

Kayne West To Acquire Right-Wing Parler App

Parler social networking app, favoured by the right-wing in the US, is to be acquired by controversial rapper Ye (Kanye…

2 years ago

UK To Probe Viasat’s Inmarsat Acquisition

In-depth phase two investigation of Viasat's Inmarsat deal officially confirmed by UK regulator, after finding competition concerns last week

2 years ago

Elon Musk Under Federal Investigation, Says Twitter

US federal authorities are allegedly investigating the “conduct” of Elon Musk during his on, off, on again acquisition of Twitter

2 years ago