Enterprise

FBI Arrest Couple For Alleged Laundering Of $4.5bn In Bitcoin

Married couple arrested in New York by FBI, in largest ever cryptocurrency theft case, as authorities seize $3.6 billion in…

3 years ago

ARM Likely To File For Public Listing In US

Disappointment for London Stock Exchange, as ARM owner Softbank indicates it will file for public listing in the United States

3 years ago

Microsoft Mulls Mandiant Purchase To Bolster Security – Report

Shares in Mandiant rise amid report that software giant Microsoft is considering a purchase of the veteran cybersecurity specialist

3 years ago

Nvidia’s $40bn Purchase Of ARM Holdings Collapses

Softbank and Nvidia confirm termination of controversial $40bn purchase of UK's ARM, which now has new CEO ahead of initial…

3 years ago

CMA Fines Meta A Second Time Over Giphy Order

UK watchdog fines Meta a second time, as Facebook again fails to inform the CMA about 'material changes' to its…

3 years ago

Meta Stock Suffers, As Facebook Loses Daily Users For First Time

Facebook warns of significant Apple iOS privacy impact, which will decrease sales in the coming year by as much as…

3 years ago

FTC To Review Microsoft Activision Buy, As Sony Acquires Bungie

Sony spends $3.6 billion to acquire Halo and Destiny developer Bungie, as US regulator reviews Microsoft's deal for Activision

3 years ago

Citrix Merges With Tibco In $16.5bn Deal

After years of activist shareholder pressure, Citrix is being acquired by a private equity group and will then be merged…

3 years ago

Priti Patel Approves Extradition Of Autonomy Founder Mike Lynch

Bad news keeps coming for co-founder and former CEO of Autonomy Mike Lynch, as Home Secretary approves his extradition to…

3 years ago

Apple Shrugs Off Chip Shortage With Record Revenues

Tech giant surpasses Wall Street predictions, as revenues grow 11 percent despite Omicron variant and ongoing global chip shortage

3 years ago

Facebook To Close Down Diem Crypto Venture – Report

End of the road for Diem (formerly Libra) digital currency, with sale reported of Diem Association to financial institution

3 years ago

IMF Urges El Salvador To Drop Bitcoin As Legal Tender

South American country El Salvador urged to reconsider its decision to adopt Bitcoin as legal tender, amid huge value decline

3 years ago

Nvidia Preparing To Abandon $40bn ARM Acquisition – Report

Facing many regulatory probes and lawsuits, Nvidia tells its partners it is preparing to abandon its acquisition of ARM Holdings

3 years ago

Digital Bank Chime Financial Plans Massive IPO

Chime Financial plans New York IPO worth up to $40bn after Covid-19 pandemic leads to surge in users and spiralling…

3 years ago

Netflix Shares Drop On Growth Concerns

Netflix posts strong growth for full-year 2021, but shares plummet as investors are spooked by disappointing first-quarter growth prospects

3 years ago

Russia Proposes Ban On Cryptocurrencies, Crypto Mining

Russia's central bank has this week proposed the banning on the use and mining of cryptocurrencies, citing multiple risk factors

3 years ago

UK To Address Marketing Of High Risk Crypto Investments

British financial watchdog says it will curb the marketing of cryptoassets and other high-risk investments, amid a surge in online…

3 years ago

Microsoft To Acquire Activision Blizzard For $68.7 Billion

Huge tech acquisition, as software giant seeks major expansion of its gaming credentials with purchase of leading gaming holding company

3 years ago

Amazon Last Minute Extension For Visa Card Payments

UK Amazon users can continue using their Visa cards for online shopping for now, after the two firms agree short…

3 years ago

Google Continues Real Estate Push With $1bn London Office Purchase

Despite delaying staff return to its offices, Google spends £728m ($1bn) acquiring office building in London, and will increase UK…

3 years ago

Treasury Select Committee To Investigate Visa, Mastercard Fee Increases

Committee of MPs vows to scrutinise increases in the fees Visa and Mastercard charge businesses, after regulator finds no justification…

3 years ago

FTC Antitrust Case Against Facebook Can Proceed, Judge Rules

Meta will face antitrust charges from US Federal Trade Commission, after a judge rejected attempt to dismiss amended FTC complaint

3 years ago

Bitcoin Slumps To Lowest Level In Four Months

Crypto volatility. Bitcoin slumps to its lowest level since September, having lost over 40 percent of its value from its…

3 years ago

China Mobile Enjoys Successful Shanghai IPO After NYSE Delisting

After being delisted from New York Stock Exchange last year, China Mobile enjoys successful public offering in its home market

3 years ago

Apple First To Breach $3 Trillion Market Cap

The iPhone juggernaut briefly surpasses the $3 trillion market capitalisation threshold on Monday, over a year since passing the $2…

3 years ago

Huawei Admits 2021 Revenues Down Nearly 30 Percent

Chinese networking giant reveals scale of challenge posed by ongoing US and Western restrictions to its business performance

3 years ago

Elon Musk Sells Off Another $1 Billion Of Shares

Share sell-off continues for Tesla's Elon Musk, after he offloads another tranche of shares worth $1.02 billion to reach 10…

3 years ago

Rivian Delays Long Range SUVs, Pickups To 2023

Rivian has reportedly warned customers it will delay deliveries of its electric pickup and SUV models featuring big battery packs

3 years ago

Merry Christmas To Readers Of Silicon UK

Silicon UK once again wishes our readers a very merry Christmas, in what has proven to be another eventful year…

3 years ago