Enterprise

Elon Musk Will Not Fund Candidates After Meeting Donald Trump

SpaceX CEO Elon Musk says he will not fund Joe Biden or Donald Trump in US Presidential election, after Trump…

10 months ago

UK Approves Newport Wafer Fab Sale To US Vishay Intertechnology

Government approves sale of UK's largest chip-making facility to US firm, after blocking sale to Chinese owned entity

10 months ago

Reddit Looks For $6.5bn Valuation In NYSE IPO

Social media platform Reddit looks for $6.5bn IPO valuation, significantly down from $10bn value in 2021 private funding funding round

10 months ago

Nvidia Shares Close Over $2tn For First Time

Shares of Nvidia close over $2tn for first time after Dell reports surge in demand for AI servers, amidst ongoing…

10 months ago

Microsoft Investment In Mistral AI Prompts EU Scrutiny Calls

European lawmakers call for investigation after Microsoft this week made small investment in French startup Mistral AI

10 months ago

US SEC Investigates If OpenAI Investors Were Misled – Report

Financial regulator examines internal comms of CEO Sam Altman, after his shock firing for not being “consistently candid in communications”

10 months ago

Bitcoin Pushes Past $60,000, In First Time Since November 2021

Going up. Bitcoin surges past $60,000 on Wednesday, reportedly driven by huge inflows into the US-based spot ETFs

10 months ago

President Biden To Plug US Data Transfers To China, Russia Etc

US President issues executive order to protect Americans’ sensitive personal data from being transferred to hostile nation states

10 months ago

Lawyer For Bankman-Fried Urges Judge Not To Impose 100-Year Sentence

Sam Bankman-Fried’s lawyer asks US judge to reject 100-year recommended prison sentence for disgraced FTX co-founder

10 months ago

Google Pay To Close In US, To ‘Simplify’ Payment Apps

Mobile payments service from Google to be changed again, with shuttering of standalone Google Pay app in the US

10 months ago

Terra’s Do Kwon To Miss Start Of SEC Trial In US

US lawyer for disgraced cryptocurrency tycoon Do Kwon admits his client will likely miss start of SEC fraud trial

10 months ago

Nvidia Briefly Surpasses $2tn Valuation On AI Demand

Investors drive Nvidia shares briefly over $2tn after company reveals staggering financial benefits from AI boom

10 months ago

Nvidia Nears $2 Trillion Value, As AI Boosts Profits, Sales

Financial results surpass Wall Street expectations and drive Nvidia's market value close to the $ 2 trillion mark

10 months ago

Terra’s Do Kwon Should Be Extradited to US, Montenegro Court Rules

Court in Montenegro rules disgraced cryptocurrency tycoon Do Kwon should be extradited to US, not South Korea

10 months ago

BT Tower In London Sold, And Will Become Luxury Hotel

Landmark BT Tower in central London to become a luxury hotel, after it is sold for £275m to US hotel…

10 months ago

First Neuralink Patient ‘Controls Mouse With Thoughts’

First human recipient of Neuralink brain implant can 'control a computer mouse with their thoughts', as company begins trials

10 months ago

China’s JD.com Considers Bid For UK Retailer Currys

Currys may be focus of bidding war after rejected bid by US investment firm Elliott as e-commerce giant JD.com considers…

10 months ago

Microsoft To Invest €3.2 billion In Germany, Mirroring UK Investment

Microsoft confirms it will invest 3.2 billion euros in Germany for AI and data centres, in welcome move amid a…

11 months ago

Cisco Confirms It Will Cut More Than 4,000 Jobs

Bad news confirmed for employees at Cisco, after business confirms that more than 4,000 jobs are to be axed

11 months ago

Musk Confirms SpaceX Incorporation Moved From Delaware To Texas

After Delaware judge vetoed Elon Musk's $56 billion pay package, billionaire moves SpaceX incorporation to Texas

11 months ago

Bitcoin Rise Sees Market Cap Cross $1 Trillion

Value of all bitcoin in circulation, or market cap, on Wednesday rose above $1 trillion mark for first time since…

11 months ago

Nvidia Now Worth More Than Amazon, Amid AI Chip Demand

Nvidia now worth more than the e-commerce and cloud giant Amazon, thanks to ongoing industry demand for AI chips

11 months ago

ARM Shares Nearly Double Amid AI Surge

Shares in ARM Holdings have exploded over the past week, after an optimist forecast almost doubled its share price

11 months ago

OpenAI’s Sam Altman Seeks Trillions To Overhaul Chip Industry – Report

Sam Altman reportedly seeking between $5 and $7 trillion to overhaul semiconductor industry to remove AI chip limitations

11 months ago

Jeff Bezos Offloads $2 Billion Worth Of Amazon Shares

Not enough yachts? Amazon founder Jeff Bezos sells 12 million shares for $2bn, after relocating to tax friendly Florida

11 months ago

Elon Musk Ordered To Testify In SEC Twitter Takeover Probe

SEC doubles down and orders Elon Musk to testify again, for investigation of his $44 billion Twitter purchase

11 months ago

Disney To Take $1.5 Billion Equity Stake In Epic Games

Disney to collaborate with Epic Games on new content, and will sink a $1.5bn investment into the gaming giant

11 months ago

Hacking Victims Paid $1.1bn In Ransoms Last Year

Chainalysis report finds ransomware victims paid cybercriminals a record $1.1 billion in cryptocurrency in 2023

11 months ago

UK Government To Fund Two Semiconductor Research Hubs

Government to fund semiconductor research hubs in Bristol and Southampton, to help bring new chip tech to market

11 months ago