Enterprise

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

Sony Influenced UK Activision Blizzard Probe, Says Microsoft

Microsoft fires back at its gaming rival Sony, alleging its objections were used by UK's regulator to justify phase 2…

2 years ago

UK Flags Concern Over Viasat Purchase Of Inmarsat

British competition regulator, the CMA, to deepen investigation, after finding merger could lead to higher Wi-Fi prices for airlines

2 years ago

Judge Delays Trial, As Musk Says Twitter Won’t Take Yes For Answer

Elon Musk says Twitter won't take yes for answer, as judge rules he must complete acquisition by 28 October to…

2 years ago

Sentence For Capital One Hacker Slammed By US DoJ

“This is not what justice looks like,” says DoJ official, as judge issues probation sentence for hacker Paige Thompson (aka…

2 years ago