Enterprise

Netflix Sued By Shareholders Over Subscription DisclosureNetflix Sued By Shareholders Over Subscription Disclosure

Netflix Sued By Shareholders Over Subscription Disclosure

Disgruntled Netflix shareholders are suing streaming giant Netflix, alleging it misled the market after a significant drop in subscriber numbers

3 years ago
German Minister Urges Tougher EU Antitrust ActionGerman Minister Urges Tougher EU Antitrust Action

German Minister Urges Tougher EU Antitrust Action

Must get tougher? German minister urges EC to consider breaking up companies for serious antitrust breaches, amid antitrust reform proposals

3 years ago
Musk Touts ‘Slight Cost’ For Business Use Of TwitterMusk Touts ‘Slight Cost’ For Business Use Of Twitter

Musk Touts ‘Slight Cost’ For Business Use Of Twitter

Twitter for 'casual users' will remain fee, tweets Elon Musk, but businesses using Twitter will be subjected to 'slight fee'

3 years ago
Alibaba Shares Briefly Plunge After Report About ‘Ma’Alibaba Shares Briefly Plunge After Report About ‘Ma’

Alibaba Shares Briefly Plunge After Report About ‘Ma’

Alibaba Hong Kong shares briefly drop after ambiguous state media report about individual named 'Ma', as government strives to calm…

3 years ago
Musk ‘In Talks’ With Potential Partners For Twitter FinancingMusk ‘In Talks’ With Potential Partners For Twitter Financing

Musk ‘In Talks’ With Potential Partners For Twitter Financing

Elon Musk reportedly in talks with large investment firms and wealthy individuals to help fund the cash portion of massive…

3 years ago
Apple Profits Surge, As Firm Warns Of Trouble AheadApple Profits Surge, As Firm Warns Of Trouble Ahead

Apple Profits Surge, As Firm Warns Of Trouble Ahead

No interruption for the Apple gravy train, as it shrugged off supply chain troubles. However it forecasted bigger problems ahead

3 years ago
Tesla’s Elon Musk Sells Shares Worth $4bn, Promises No MoreTesla’s Elon Musk Sells Shares Worth $4bn, Promises No More

Tesla’s Elon Musk Sells Shares Worth $4bn, Promises No More

Elon Musk sells $4 billion of Tesla shares to help in his Twitter takeover, but indicates no further Tesla share…

3 years ago
Amazon Posts First Net Loss Since 2015, Amid Challenging MarketAmazon Posts First Net Loss Since 2015, Amid Challenging Market

Amazon Posts First Net Loss Since 2015, Amid Challenging Market

Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take…

3 years ago
Online Safety Bill May Pose Risk To Startups, Suggests Regulator BossOnline Safety Bill May Pose Risk To Startups, Suggests Regulator Boss

Online Safety Bill May Pose Risk To Startups, Suggests Regulator Boss

UK's forthcoming online safety bill risks stifling start-ups, the UK tech regulator chief who will help oversee its eventual implementation

3 years ago
Meta Pleases Investors After Daily User Number Growth ReturnsMeta Pleases Investors After Daily User Number Growth Returns

Meta Pleases Investors After Daily User Number Growth Returns

Shares in Meta rose 20 percent in relief with modest daily and monthly user growth, despite mixed financial results in…

3 years ago
Anger As Musk Engages With Tweets Criticising Twitter ExecsAnger As Musk Engages With Tweets Criticising Twitter Execs

Anger As Musk Engages With Tweets Criticising Twitter Execs

Bad form? Controversy over Elon Musk's Twitter takeover continues, after he engages with critical tweets of two high-ranking Twitter staffers

3 years ago
Alphabet Profit Slides As YouTube Misses ExpectationsAlphabet Profit Slides As YouTube Misses Expectations

Alphabet Profit Slides As YouTube Misses Expectations

Tech giant posts mixed first quarter results, as Alphabet contends with rising inflation, increased YouTube competition, and falling ad spend

3 years ago
Musk Buys Twitter: Industry ReactionMusk Buys Twitter: Industry Reaction

Musk Buys Twitter: Industry Reaction

Support and opposition to Elon Musk's takeover of Twitter has been mixed, so what has been the reaction of industry…

3 years ago
Jack Dorsey Backs Elon Musk’s Twitter TakeoverJack Dorsey Backs Elon Musk’s Twitter Takeover

Jack Dorsey Backs Elon Musk’s Twitter Takeover

Co-founder and former CEO Jack Dorsey backs Elon Musk's takeover of Twitter, as users and human rights group express concern

3 years ago
Twitter CEO Tells Staff Future Is UncertainTwitter CEO Tells Staff Future Is Uncertain

Twitter CEO Tells Staff Future Is Uncertain

Company wide town hall meeting sees CEO Parag Agrawal tell Twitter employees future direction of the platform is uncertain

3 years ago

Meta Begins Appeal Against UK Order To Sell Giphy

Closely watched appeal. UK's Competition and Markets Authority (CMA) says it will defend its Giphy sale order 'vigorously'

3 years ago

Twitter To Be Sold To Elon Musk For $44 Billion

Now what? Board of directors agrees to sell Twitter to the world's richest man, who has frequently criticised the platform…

3 years ago

Tesla Profits Hit New High In Spite Of Price Hikes

Tesla profits hit new record for first quarter, in spite of ongoing supply-chain disruption, Covid-19 restrictions, rising costs and price…

3 years ago

Musk In Talks With Thoma Bravo Over Joint Twitter Bid – Report

Media report suggests Elon Musk is in talks with private equity group Thoma Bravo about partnering up for possible Twitter…

3 years ago

Toshiba Says It Will Seek Buyout Offers

Strategic options. Japanese conglomerate shares rise after Toshiba says it will solicit deal offers, including buyout offers

3 years ago

Musk Secures $46.5 Billion Funding For Twitter Takeover

World's wealthiest man Elon Musk puts up $33.5 billion of his own money, as he readies for boardroom battle over…

3 years ago

Netflix Subscribers Fall For First Time In Ten Years

Streaming giant Netflix reveals loss of subscribers for the first time in ten years, and mulls lower-cost subscription plan with…

3 years ago

Twitter Adopts Poison Pill To Fend Off Elon Musk

Unwanted advances. Unsolicited takeover offer from Elon Musk sees Twitter board last week adopt a poison pill to thwart his…

3 years ago

Elon Musk Hints At Plan B, If Twitter Board Refuses Offer

Tesla boss admits he is not sure he will actually buy Twitter, but teases he may have a “plan B”…

3 years ago

Amazon Adds Fuel, Inflation Surcharge To Sellers

US online shoppers could soon face high prices, after Amazon added a 5 percent “fuel and inflation surcharge” to the…

3 years ago

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