Enterprise

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

Italy’s Talks With Intel ‘Intensifies’ Over $9bn Chip Factory – Report

Intel and Italy are intensifying talks over $9 billion investment plan to build advanced semiconductor packaging plant in the country

3 years ago

Meta Appeals Against UK Order To Sell Giphy

Facebook parent Meta is appealing against UK order to sell-off Giphy, after regulator rules the deal harms advertising competition

3 years ago

Jack Dorsey Blocked On Twitter By Netscape’s Marc Andreessen

Web3 dustup. Bad blood between Twitter co-founder and Marc Andreessen over Web3 deepens, after venture capitalist blocks Dorsey on Twitter

3 years ago

Elon Musk Warns Of Overtaxation in California

Tesla CEO says he has sold 'enough stock' and slams California for 'overtaxation' and 'overegulation' and 'overlitigation'

3 years ago

EU Approves Microsoft’s $16 Billion Nuance Acquisition

Six months later European regulators agree with their American counterparts and give Microsoft antitrust approval to acquire Nuance

3 years ago

Oracle Makes Biggest Acquisition With Cerner Purchase

Enterprise software giant Oracle makes rumoured healthcare move, with $28.3 billion purchase of medical records specialist Cerner

3 years ago

Elon Musk To Pay $11 Billion In Taxes

Musk hits back at Senator Elizabeth Warren who said he should pay taxes and stop “freeloading” by confirming he is…

3 years ago

‘Flying Taxi’ Company Vertical Aerospace Soars On NYSE Debut

Vertical Aerospace begins work on challenge of regulatory certification for its electric 'flying taxis' after successful market debut in New…

3 years ago

Oracle In Talks To Acquire Cerner – Report

Enterprise software giant Oracle is reportedly in talks for its largest ever purchase worth $30 billion, in order to acquire…

3 years ago

LogMeIn To Spin Off LassPass As Separate Cloud Security Firm

Six years after it acquired LassPass for $110 million, LogMeIn says it will spin out the unit as a separate…

3 years ago

India’s $10 Billion Plan To Attract Chip Makers

India approves $10 billion incentive plan to attract chip and display makers, as Intel announces $7.1 billion investment in Malaysia

3 years ago

Reddit Files To Go Public With US Regulator

Social news giant Reddit has joined the listing trend, after it filed for initial public offering (IPO) with US authorities

3 years ago

NSO Considers Sale Or Shutdown Of Pegasus Unit – Report

Blacklisted surveillance specialist NSO is reportedly considering selling the firm, or shutting down its Pegasus unit altogether

3 years ago

Government Issues Warning, After Altice Increases BT Stake

French telecoms group founder Patrick Drahi increases stake in BT from 12 to 18 percent, as UK government warns of…

3 years ago

Intel To List Self-driving Car unit Mobileye

Public offering planned for Intel's self-driving-car unit Mobileye next year, but Intel says it will retain ownership after floatation

3 years ago