Enterprise

UK Blocks China Licensing Sensor Tech From Manchester University

Chinese firm blocked from licensing British vision technology developed by Manchester University, under national security grounds

2 years ago

Samsung Seeks Tax Breaks On Future Chip Factories In Texas

South Korean giant Samsung begins application for tax breaks on 11 potential chip manufacturing facilities in Texas, ahead of US…

2 years ago

Tesla Sells 75 Percent Of Bitcoin Holdings

Bitcoin price slides after Elon Musk says cryptocurrency sale was to maximise Tesla's cash position after a shaky second quarter

2 years ago

Twitter Wins Battle To Fast Track Elon Musk Lawsuit

Twitter will face Elon Musk in a Delaware courtroom in October, over his attempt to 'terminate his $44 billion takoever…

2 years ago

CMA To Reconsider Order For Meta To Sell Giphy

UK competition regulator, the CMA, tells Silicon UK it has agreed to reconsider over next three months its ruling to…

2 years ago

Elon Musk Seeks To Block Twitter’s Request For Speedy Trial

No surprise in Twitter showdown, as Elon Musk files motion with US court to oppose platform's request for trial to…

2 years ago

Celsius Network Files For Bankruptcy Protection

Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure

2 years ago

Twitter Begins Legal Action Against Elon Musk

Well...he was warned. Twitter sued Elon Musk on Tuesday to force him to complete his $44bn acquisition of social media…

2 years ago

Celsius ‘Deeply Insolvent’, US State Regulator Believes

Vermont regulator warns crypto lending firm Celsius “lacks the assets and liquidity to honour its obligations to account holders and…

2 years ago

Rivian To Brief Staff About Restructuring, Potential Layoffs

More bad news for jobs? Staff at Rivian are to be briefed this week about restructuring and potential layoffs at…

2 years ago

Twitter Hits Back At Musk, Insisting No Breaches Occurred

Elon Musk "knowingly" breached the acquisition agreement Twitter says, as it fires back at the world's richest man and former…

2 years ago

Twitter Board Vows To Pursue Musk, Who Mocks Legal Threat

Twitter's board of diectors vows to pursue legal action against former suitor Elon Musk, who responds with openly mocking memes

2 years ago

Google Offers To Spin-Off Ad-Tech Unit – Report

Alphabet unit previously labelled the DoJ antitrust lawsuit 'deeply flawed', but now it is reportedly offering concessions

2 years ago

Elon Musk Tells Twitter He Is ‘Terminating’ $44Bn Acquisition

No surprise? Elon Musk announces ending of his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of legal agreement

2 years ago

Elon Musk’s Acquisition Of Twitter In ‘Serious Jeopardy’ – Report

Takeover of Twitter by Elon Musk is in “serious jeopardy” according to one report, despite Twitter suspending one million fake…

2 years ago

Facebook Demands Old FTC Documents In Antitrust Battle

Fresh development in Meta's battle against US regulator, seeking to force Facebook to divest itself of WhatsApp and Instragram

2 years ago

Fate Of Newport Wafer Fab Uncertain, As Government Delays Sale Decision

Government delays decision over whether the UK's largest maker of chips can be purchased by Dutch firm, which is Chinese-owned

2 years ago

UK Regulator Begin Probe Of Microsoft’s Activision Buyout

The CMA confirms start of investigation into Microsoft's $69 billion purchase of leading gaming holding company Activision Blizzard

2 years ago

French Music Service Deezer Slumps On Market Debut

Spotify and Apple Music competitor Deezer falls below opening price after long-delayed IPO in Paris as SPAC strategy fails to…

2 years ago

Foxconn Expects Stronger Sales In Spite Of Economic Gloom

iPhone manufacturer Foxconn revises full-year expectations upward amidst strong consumer and data centre demand, bucking turbulent conditions

2 years ago

Samsung ‘To See Profits Jump’ On Data Centre Demand

Industry analysts expect Samsung's profits to jump 15 percent for the second quarter as strong data centre demand offsets smartphone…

2 years ago

Bitcoin Falls Below $19,000, But Recovers Slightly Friday

Ominous sign for crypto markets? The value of Bitcoin dropped over 6 percent to below the $19,000 mark on Thursday,…

2 years ago

Xerox CEO John Visentin Dies, Aged 59

Rest in peace. Printer giant Xerox confirms vice chairman and CEO John Visentin has unexpectedly died, aged just 59 years…

2 years ago

Taiwan Developing Own Digital Currency – Report

Central bank of Taiwan confirms it is still working on its digital currency, but has not revealed any timeframes as…

2 years ago

Toshiba Adds Activist Board Members In Shift Toward Privatisation

Toshiba shareholders approve addition of two board members from large activist investors, adding momentum to potential buyout plans

2 years ago

Tencent Shares Fall As Biggest Investor Says It Will Sell

Shares in Chinese internet giant Tencent fall after biggest investor Naspers says it will sell shares to fund buyback scheme,…

2 years ago

Toshiba Board Set For Vote That Could Back Buyout Strategy

Toshiba board expected to approve appointment of two external directors from hedge fund investors, making buyout more likely

2 years ago

Nasdaq Listing Most Likely For ARM, Says Softbank Boss

Bad news for London's FTSE? Japanese owner of British chip designer ARM reiterates that Nasdaq is the likely listing location

2 years ago

Musk Says Still ‘Unresolved Matters’ Over Twitter Buy

Elon Musk says still 'unresolved matters' with proposed $44bn buyout of Twitter, predicts recession in near term 'more likely than…

2 years ago

ABB Delays IPO Of Electric Vehicle Charging Unit

Swiss industrial and tech conglomerate ABB delays planned flotation of electric vehicle charging operations a second time, citing market volatility

2 years ago