Enterprise

Trump Social Media Company In Talks To Buy Crypto Firm Bakkt

Donald Trump social media company in advanced talks to buy Bakkt, a crypto trading platform owned by NYSE parent, FT…

1 month ago

Battery Maker Northvolt Misses Production Targets

Northvolt has reportedly missed internal EV battery production targets since September, reduces production at main plant

1 month ago

SpaceX Prepares Tender Offer At $250bn Valuation

SpaceX to begin tender offer in December valuing company at $210bn, as Elon Musk's xAI raises $5bn at $45bn valuation

1 month ago

Northvolt Mulls US Bankruptcy Protection – Report

Troubled battery maker Northvolt reportedly considers Chapter 11 bankruptcy protection in the United States as possible option

1 month ago

Programmer Sentenced To Five Years In Prison For Bitcoin Laundering

Ilya Lichtenstein sentenced to five years in prison for hacking into a virtual currency exchange Bitfinex and stealing 119,000 Bitcoin

1 month ago

VW, Rivian Launch Joint Venture, As Investment Rises To $5.8 Billion

Volkswagen and Rivian officially launch their joint venture, as German car giant ups investment to $5.8 billion, depending on certain…

1 month ago

Meta Must Face Antitrust Trial Over Instagram, WhatsApp Purchases

Legal issues continue for Meta, after US judge rules it must face trial over FTC's antitrust concerns about Instagram, WhatsApp

1 month ago

Bitcoin Surges To Above $93,000 For First Time

Bitcoin price reaches new record, amid hope that incoming Trump administration will implement crypto-friendly policies

1 month ago

Nvidia Market Value Surges Above $3.6tn

Investor optimism following Donald Trump re-election win pushes Nvidia to record high, adds 30 percent to Tesla stock price

1 month ago

Amazon Mulls New Multi-Billion Dollar Investment In Anthropic – Report

Amazon is reportedly in talks to pump billions of dollars more into AI start-up Anthropic, but with one condition

2 months ago

FTX’s Caroline Ellison Begins Her Two Year Prison Sentence

Star witness for the US prosecution of FTX founder Sam Bankman-Fried, has begun her two year prison sentence this week

2 months ago

UK Orders Chinese Entity To Sell Stake In Scottish Chip Firm FTDI

Chinese owner of Scottish fabless semiconductor firm FTDI ordered to sell majority stake, due to national security risks

2 months ago

Watchdog Says Vodafone, Three Merger Could Proceed With Certain Remedies

British competition regulator provisionally finds Vodafone, CMA merger can proceed, if 'remedies' on pricing and 5G rollout are made

2 months ago

James Dyson Says ‘Spiteful’ Budget Will Kill Start-Ups

James Dyson delivers most high-profile criticism so far of Labour's first Budget that raises £40bn in taxes, largely from businesses

2 months ago

Nvidia To Replace Intel On Dow Jones Industrial Average

Nvidia to replace Intel this week on Dow Jones Industrial Average after years of turmoil and missing out on the…

2 months ago

Apple Sales Rise 6 Percent After Early iPhone 16 Demand

Fourth quarter results beat Wall Street expectations, as overall sales rise 6 percent, but EU tax ruling hits profits

2 months ago

Autumn Budget Hikes Business Taxes, Seeks Growth

First Labour Budget in 15 years includes increased payouts from businesses and capital gains, as government looks to promote growth

2 months ago

White House Finalises China Tech Investment Curbs

Administration publishes final restrictions on US investment into Chinese tech sectors including AI, chips, quantum computing

2 months ago

Latest Funding Round Values Start-Up Sierra AI At $4.5bn

Start-up Sierra AI, co-founded by former Salesforce co-chief Bret Taylor, sees valuation more than quadruple in new funding round

2 months ago

Nvidia Surpasses Apple As World’s Most Valuable Company

Stock rally takes Nvidia once again to top of list as world's most valuable listed company, amist continued AI data…

2 months ago

TSMC Arizona Chip Plant Yields 4 Percent Higher Than Taiwan

TSMC says production yields at delayed plant in Arizona are 4 percent higher than comparable factories in Taiwan, in boost…

2 months ago

Shein Profits Drop 70 Percent

Direct-from-China e-commerce firm sees profits plummet 70 percent in first half of 2024 amidst stiff competition from Temu, as it…

2 months ago

Intel To Invest More Than $28 Billion In Ohio Chip Factories – Report

Troubled chip giant Intel will invest more than $28 billion to construct two new chip factories in Ohio, to take…

2 months ago

CMA Begins Probe Into Alphabet Partnership With Anthropic

UK competition regulator begins phase one investigation into Alphabet's partnership with AI startup Anthropic

2 months ago

Nigerian Court Orders Release Of Binance Executive

After charges are dropped, Nigerian court orders the release of Binance executive Tigran Gambaryan who is poor health

2 months ago

Sophos Expands Cybersecurity With $860m Secureworks Purchase

Second time Secureworks is acquired, after UK's Sophos says it will buy the US cybersecurity firm for $859m (£662m) in…

2 months ago

Former OpenAI Mira Murati Raising Capital For New AI Startup – Report

Cos the world needs another AI startup. Former CTO at OpenAI, Mira Murati, reportedly fund raising for her new AI…

2 months ago

Worldcoin Rebrands To World Network, Ramps Up Iris Scanning

Sam Altman's Worldcoin rebrands itself as pledges to ramp up its controversial iris-scanning crypto project

2 months ago

Microsoft Settles Gamer Lawsuit Over Activision Purchase

Gamers who sued Microsoft to halt its purchase of Activision Blizzard have agreed to the dismissal of their lawsuit

2 months ago