Enterprise

Virgin Atlantic Works With Bristol Start-Up On ‘Flying Taxis’

Virgin Atlantic works with Vertical Aerospace to explore 'flying taxi' network that would transport passengers from regional cities to major…

3 years ago

Chinese Ride-Hailing Giant Didi Chuxing Files For US IPO

World's second-biggest ride-hailing company Didi Chuxing files to go public in US, in what could be biggest Chinese US listing…

3 years ago

French Telecoms Giant Altice Acquires Stake In BT

France's second largest telecoms firm Altice purchases 12 percent stake in British carrier BT, but denies takeover intentions

3 years ago

Microsoft’s £11bn AI Deal Approved By US Regulators

Microsoft's £11bn deal to buy artificial intelligence and speech recognition pioneer Nuance Communications passes review by US antitrust regulators

3 years ago

US Sets, Then Suspends, 25 Percent Digital Tax Tariff On Six Countries

America sets, then suspends, a 25 percent import tariff on goods from six countries that have implemented a digital tax…

3 years ago

Two Elon Musk Tweets Violated SEC Agreement – Report

Casual tweeting habit of Tesla boss Elon Musk once again in the spotlight, after running afoul of SEC settlement agreement

3 years ago

Amazon Buys James Bond Studio MGM For $8.5bn

Significant development in the streaming war, as Amazon purchases veteran film studio MGM for $8.45 billion

4 years ago

Bitcoin Sinks Further After China Extends Crackdown

Senior Chinese official announces more restrictions on cryptocurrencies, prompting Bitcoin and other coins to extend week of losses

4 years ago

Virgin Media, O2 Merger Achieves Final Clearance By CMA

CMA gives its official blessing to merger of O2 and Virgin Media, after being 'reassured that competition … will remain…

4 years ago

US Senate Democrats Propose $52 Billion For US Chip Production

Democrat leader in the US Senate revises legislation to approve $52 billion plan to ramp up US semiconductor manufacturing

4 years ago

BT Raises FTTP Target To 25 Million Premises

Despite a tough financial year, an extra five million premises has been added to BT's deployment of FTTP broadband, creating…

4 years ago

Bitcoin Plunges After Elon Musk Rules It Out For Tesla Purchases

Bitcoin blow. Elon Musk says Tesla it has suspended use of Bitcoin by customers, due to its heavy use of…

4 years ago

Cryptocurrency Warning From Bank Of England Governor

Blunt message from Bank of England governor Andrew Bailey, warning people only to buy cryptocurrency if prepared to lose all…

4 years ago

Jeff Bezos Offloads $2 Billion In Amazon Shares

Needs some spending money...Amazon CEO Jeff Bezos has this week sold nearly $2 billion worth of Amazon stock for his…

4 years ago

Intel To Invest $3.5bn To Expand New Mexico Factory

Chip giant Intel is to ramp up its manufacturing capability at its New Mexico factory, and will add 3D packaging…

4 years ago

Verizon Sells Internet Icons AOL, Yahoo

Expensive ownership of Internet icons AOL and Yahoo comes to an end, after Verizon announces sale to private equity group

4 years ago

NASA Halts Moon Lander Work After Contract Challenge

NASA orders SpaceX to halt work on Moon rocket programme after Blue Origin accuses SpaceX of space exploration 'monopoly'

4 years ago

Amazon Posts Record Results, As Prime Video Catches Netflix

E-commerce and cloud services giant Amazon is another pandemic winner, after it posted record profits and revenues thanks to strong…

4 years ago

Darktrace Enjoys Successful London IPO

Darktrace enjoys successful public listing in London on Friday, valuing the AI security specialist at £1.7 billion ($2.4 billion)

4 years ago

Eutelsat Buys 24 Percent Stake In OneWeb For $550m

French satellite operator Eutelsat joins British government and Bharti, with investment so as to access to its LEO broadband constellation

4 years ago

Toyota Buys Lyft’s Autonomous Car Unit for $550m

Japanese car maker Toyota acquires the autonomous vehicle division of ride-hailing firm Lyft, after four years of development

4 years ago

Foxconn Scales Back $10bn Wisconsin Factory

Taiwanese manufacturing giant Foxconn dramatically scales back US factory that was heavily touted by former President Donald Trump

4 years ago

Turkish Crypto Exchange Boss Flees Country Amidst $2bn Fraud Probe

Chief executive of Turkish cryptocurrency trading platform Thodex flees to Albania as estimated $2bn in investors' assets reportedly lost

4 years ago

Cryptocurrencies Shed $200bn Over US Tax Reform Fears

Cryptocurrencies lose $200bn in value, while Bitcoin drops below $50,000 as investors react to US proposals that would nearly double…

4 years ago

UK Taskforce To Consider British Digital Currency

Fancy using Britcoin? Bank of England and HM Treasury taskforce is to explore the option of a central bank digital…

4 years ago

Apple $200m ‘Restore Fund’ Targets Climate Change

Apple reveals $200 million investment fund called the 'Restore Fund', to remove carbon emissions and support sustainable forestry

4 years ago

Dell To Offload Ownership Stake In VMware

The valuable 81 percent ownership stake in VMware held by Dell Technologies is to be spun off, generating a $12…

4 years ago

UK Regulator Provisionally Approves Virgin, O2 Merger

CMA gives provisionally blessing to the 50/50 merger between Virgin Media and O2, after initial concerns over backhaul pricing

4 years ago