Enterprise

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

3 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…

3 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

3 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…

3 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,…

3 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…

3 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…

3 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

3 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,…

3 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

3 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

3 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…

3 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

3 years ago

Bitcoin Recovers After Sinking Below $20,000

Bitcoin and other cryptocurrencies held on to Sunday gains after the biggest cryptocurrency dipped below $20,000 on Saturday, amidst industry…

3 years ago

Meta Fails To Overturn UK Order To Sell Giphy

Meta has mostly failed in its appeal against the CMA order to sell Giphy, after judges dismissed all but one…

3 years ago

NSO Group In Talks To Offload Pegasus Spyware – Report

But would the US and Israel approve? US Defence contractor L3Harris reportedly in talks to acquire NSO Group's Pegasus surveillance…

3 years ago

Atos Shares Plunge Amidst Reorganisation, CEO Exit

Shares of French IT services giant Atos drop sharply after it announces plan to spin off cybersecurity unit and surprise…

3 years ago

Elon Musk To Meet With Twitter Staff

Elon Musk to hold virtual meeting with Twitter staff for first time since buyout announced in April, as deal remains…

3 years ago

UK Digital Strategy Takes Aim At Cyber-Security, Skills Gap

Security expert praises new government digital strategy for much-needed focus on cyber-security and reducing skills gap as London Tech Week…

3 years ago

Sky Backs £100m Fund For Climate Tech

British Media group Sky backs £100m Planet Fund for start-ups developing climate-related technology as London Tech Week brings focus to…

3 years ago

UK Tech Start-Ups See Record Quarterly Investment

Private British tech firms buck market gloom with record quarterly venture capital investment led by fintech and healthcare tech

3 years ago

Twitter To Supply Elon Musk With Bot Data – Report

Elon Musk will reportedly be given access to the raw daily data Twitter gathers, after he threatened to walk away…

3 years ago

Texas AG Investigates Twitter For ‘Deceptive Practices’ Over Bots

Republican attorney general of Texas starts investigation of Twitter, after Elon Musk's public complaints about bots and fake accounts

3 years ago

Musk May Drop Twitter Deal If Fake Account Data Not Provided

Elon Musk has once again warned he could walk away from his Twitter takeover, if the platform does not provide…

3 years ago

Oracle’s Cerner Purchase Given EU Antitrust Blessing

Healthcare move by software giant Oracle with its $28 billion acquisition of Cerner, now given official blessing from European Commission

3 years ago

Toshiba Receives Multiple Proposals, As It Mulls Strategic Options

Troubled Japanese conglomerate Toshiba receives eight proposals to take it private and a couple of proposals to remain listed entity

3 years ago

Shareholders Sue Twitter, Elon Musk For Stock ‘Manipulation’

Disgruntled shareholders are now suing both Twitter and Elon Musk, over volatile share price swings during the chaotic takeover attempt

3 years ago

UK Begins National Security Probe Of Altice’s Stake In BT

After previously expressing its concern, the British Government now confirms a national security review of French billionaire's stake in BT

3 years ago

Elon Musk Raises His Contribution To Twitter Acquisition

But one of Elon Musk's biggest backers on the Twitter board has tendered his resignation after Twitter shareholders voted to…

3 years ago

Broadcom Confirms VMware Acquisition For $61 Billion

Entry into cloud infrastructure software for US chip firm Broadcom after it confirms reports it will acquire VMware for $61…

3 years ago