Enterprise

Alibaba Will ‘Strive’ To Maintain New York ListingAlibaba Will ‘Strive’ To Maintain New York Listing

Alibaba Will ‘Strive’ To Maintain New York Listing

Alibaba says it will 'strive' to maintain its New York Stock Exchange listing after SEC adds it to list of…

3 years ago
SEC Says Alibaba Could Be Delisted In New YorkSEC Says Alibaba Could Be Delisted In New York

SEC Says Alibaba Could Be Delisted In New York

US financial regulator SEC says Chinese tech giant Alibaba at risk of delisting in New York over demand for compliance…

3 years ago
Elon Musk Files Countersuit Against Twitter Over DealElon Musk Files Countersuit Against Twitter Over Deal

Elon Musk Files Countersuit Against Twitter Over Deal

Delaware judge assigns 17 October start date for fast-tracked five-day trial as Twitter seeks to force Musk to follow through…

3 years ago
Amazon Posts Second Straight Loss After Rivian Stake WritedownAmazon Posts Second Straight Loss After Rivian Stake Writedown

Amazon Posts Second Straight Loss After Rivian Stake Writedown

Another tech bellweather financial results show Amazon posting a second quarterly loss in a row, after a hefty reassessment of…

3 years ago
Apple Shrugs Off Economic Gloom, But Profit SlipsApple Shrugs Off Economic Gloom, But Profit Slips

Apple Shrugs Off Economic Gloom, But Profit Slips

No slowdown in demand for iPhones says Apple despite negative macroeconomic indicators, as revenues rise 2 percent beating estimates

3 years ago
FTC Lawsuit To Block Meta Acquisition Of VR Developer WithinFTC Lawsuit To Block Meta Acquisition Of VR Developer Within

FTC Lawsuit To Block Meta Acquisition Of VR Developer Within

American regulator Federal Trade Commission moves to block Facebook parent Meta from acquiring virtual reality fitness app maker Within

3 years ago
Meta Posts First Ever Revenue Decline, Amid Intense PressuresMeta Posts First Ever Revenue Decline, Amid Intense Pressures

Meta Posts First Ever Revenue Decline, Amid Intense Pressures

CEO Mark Zuckerberg warns the economic downturn has arrived, as Meta misses earnings forecast and predicts another decline

3 years ago
Microsoft Q4 Profits From Cloud Growth, But Misses ForecastsMicrosoft Q4 Profits From Cloud Growth, But Misses Forecasts

Microsoft Q4 Profits From Cloud Growth, But Misses Forecasts

Windows and Xbox declines for Microsoft, which blames economic turmoil as its strong furth quarter earnings misses some analyst forecasts

3 years ago
OneWeb Confirms Merger With EutelsatOneWeb Confirms Merger With Eutelsat

OneWeb Confirms Merger With Eutelsat

UK government welcomes merger of OneWeb and Eutelsat as positive news for UK taxpayers, and confirms it will retain national…

3 years ago
Amazon Buys Health Care Provider One Medical For $3.9bnAmazon Buys Health Care Provider One Medical For $3.9bn

Amazon Buys Health Care Provider One Medical For $3.9bn

Amazon's deal to purchase One Medical for $3.9 billion a test for US lawmakers and regulators who have vowed to…

3 years ago
Twitter Reports Loss As ‘Uncertainty’ Weighs On BusinessTwitter Reports Loss As ‘Uncertainty’ Weighs On Business

Twitter Reports Loss As ‘Uncertainty’ Weighs On Business

Twitter reports $270m loss for three months to June amidst advertising slowdown, as it prepares court battle to force Elon…

3 years ago
UK Blocks China Licensing Sensor Tech From Manchester UniversityUK Blocks China Licensing Sensor Tech From Manchester University

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

3 years ago
Samsung Seeks Tax Breaks On Future Chip Factories In TexasSamsung Seeks Tax Breaks On Future Chip Factories In Texas

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…

3 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

3 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…

3 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…

3 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…

3 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

3 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…

3 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…

3 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…

3 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…

3 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

3 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

3 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

3 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…

3 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

3 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

3 years ago