Enterprise

Elon Musk Offers To Buy Twitter For $41bn To ‘Unlock’ Potential

Hostile takeover? World's richest man Elon Musk offers to buy Twitter for $41 billion, and promises to “unlock” its “extraordinary…

3 years ago

Cloud Security firm Barrracuda Networks Acquired For $4 Billion

Cybersecurity firm Barracuda Networks has been acquired by investment firm KKR, from its private equity group owner Thoma Bravo

3 years ago

Investor Sues Elon Musk Over Late Share Disclosure

Twitter shareholder sues Elon Musk for failing to disclose his substantial stake in a timely manner, which impacted platform's share…

3 years ago

Elon Musk Will Not Join Twitter Board, CEO Confirms

Last minute u-turn from Elon Musk, as Parag Agrawal confirms Musk will not, after all, join the board of directors…

3 years ago

HP Shares Soar After Warren Buffett Reveals $4.2 billion Stake

Strategic move? Respected Wall Street investment group Berkshire Hathaway takes sizeable 11.4 percent stake in PC maker HP

3 years ago

Meta Finance Move With ‘Zuck Bucks’ Virtual Coins – Report

Plans at Meta to introduce virtual coins and lending services to its apps portfolio, despite cryptocurrency project collapse

3 years ago

Government Sets Out Plan To Recognise Stablecoins

Royal Mint to create a Non-Fungible Token (NFT) this summer, as the government unveils move to recognise stablecoins as a…

3 years ago

Elon Musk Acquires 9 Percent Of Twitter

Just days after Elon Musk touts building a new social media platform, the world's richest man becomes Twitter's largest shareholder

3 years ago

Bitcoin Mining Start-Up To Make Nasdaq Debut

Bitcoin mining and infrastructure start-up Prime Blockchain set to list on Nasdaq in merger with blank-cheque firm valuing it at…

3 years ago

Apple To Cut iPhone Production – Report

Inflation pressures, coupled with the Ukraine invasion have been blamed as Apple plans to lower production of iPhone SE and…

3 years ago

Anonymous Claims Hack Of Russia’s Central Bank

Hacking group's war on Russia continues with Central Bank hack claim. And Anonymous promises to release 35,000 files containing 'secret…

3 years ago

Bank Of England Begins To Outline UK’s Crypto Regulatory Approach

The UK's Bank of England begins this week to publicly outline its first regulatory framework for cryptoassets, amid ongoing concerns

3 years ago

Apple Acquires UK Fintech Credit Kudos – Report

Tech giant Apple reportedly acquires British fintech start-up Credit Kudos for $150m, to perhaps bolster its financial services operation

3 years ago

UK Watchdog Warns 50 Crypto Firms Of ‘Misleading Ads’

Enforcement notices dispatched. The UK's Advertising Standards Authority puts 50 crypto firms on notice over 'misleading ads'

3 years ago

NortonLifeLock, Avast Merger Faces UK Competition Probe

NortonLifeLock (formerly Symantec) merger with London-listed Avast under threat after UK's CMA signals deeper investigation

3 years ago

BMW Blames Russian Invasion, As It Lowers Profit Forecast

German carmaker BMW warns of ongoing chip shortages and new supply chain disruptions caused by Russian's invasion of Ukraine

3 years ago

Tesla Raises Prices For Second Time In Days

Second price rise for Tesla electric vehicles in the space of a week, as inflationary pressure continues amidst Ukraine war

3 years ago

Intel Confirms ‘Mega Factory’ In Germany

Chip giant Intel says it will initially invest 33 billion euros in EU, including 17bn euros for a 'semiconductor fab…

3 years ago

Toshiba’s Top Shareholder Opposes Breakup Plan

Years of turmoil at Japan's Toshiba continues, as leading shareholder opposes plan to break itself into three different units

3 years ago

Elon Musk Asks Judge For End Of Oversight Of His Tweets

Tesla boss Elon Musk formally asks a US judge to terminate the 2018 agreement with the SEC allowing lawyers to…

3 years ago

Rivian Sued By Shareholder, Alleging Misleading IPO Data

Shareholder alleges Rivian misled investors about pricing of SUV models - prices for which were increased, then quickly rolled back…

3 years ago

Intel’s Mobileye Files For IPO

Intel’s self-driving-car unit Mobileye files for IPO in the United States, in what could be one of the largest tech…

3 years ago

Google To Acquire Mandiant For $5.4 Billion

Mandiant is to be acquired by Google, after the Alphabet division agrees to pay $5.4 billion for the cybersecurity veteran

3 years ago

Visa, Mastercard Block Russian Financial Institutions

Financial pressure on Moscow continues, with the news that Visa and Mastercard have blocked multiple Russian financial institutions

3 years ago

Norway Oil Fund To Vote Against Apple Pay Scheme

Norway's oil fund, world's biggest sovereign wealth fund, to vote against Apple boss Tim Cook's $99m 2021 pay package as…

3 years ago

SEC Investigates Elon Musk And Brother Over Share Sales – Report

Fresh scrutiny. Elon Musk and his brother Kimbal Musk reportedly being investigated by the SEC for alleged insider trading

3 years ago

Intel Acquires Israeli Chipmaker Tower Semiconductor For $5.4bn

Chip giant Intel expands its manufacturing capabilities, and spends billions to acquire specialised chip manufacturing expert Tower Semiconductor

3 years ago

Just Eat Takeaway Chief Says No Plans To Sell Grubhub

Just Eat Takeaway chief executive Jitse Groen says plan to delist from Nasdaq does not indicate intention to sell Grubhub,…

3 years ago

Crypto Giant Binance To Take $200m Stake In Forbes

Giant cryptocurrency exchange Binance to take $200m stake in Forbes as media firm plans $630m listing in New York through…

3 years ago