Enterprise

TSMC To Build Second Factory In Japan

World’s largest chipmaker TSMC confirms it will build second fab in Japan, with backing from Sony and Toyota

11 months ago

UK EV Maker Arrival Collapses Into Administration

British electric vehicle start-up Arrival enters administration three years after being valued at $15bn, with 170 jobs at risk

11 months ago

Yandex Parent To Sell Russian Operations

Parent company of major Russian search engine Yandex to divest Russian operations as it refocuses amidst Ukraine conflict

11 months ago

Meta Pleases As ‘Year Of Efficiency’ Pays Off With FY23 Results

Mark Zuckerberg and his “year of efficiency” pledge made in Feb 2023, has been viewed as successful by investors

11 months ago

Apple Lowers iPhone Forecast, As Tim Cook Touts ‘AI Announcement’

Modest increase in first quarter profit and revenues, as Apple lowers iPhone shipment forecast, amid China sales decline

11 months ago

UK Police Holding Bitcoin Worth £1.4 Billion – Report

One of the world’s largest asset seizures saw British police in 2018 seize four devices containing more than 61,000 bitcoin

11 months ago

FTX Abandons Crypto Exchange Return

No coming back. Attorney for FTX confirms attempts to restart disgraced crypto exchange have been abandoned

11 months ago

Alphabet’s Ad Revenue Miss Punished By Investors

Another tech industry bellweather, Alphabet, delivers strong Q4 and FY23 financials, yet investors not happy at ad revenue miss

11 months ago

Microsoft Profit Rises 33 Percent Thanks To AI, Cloud

Strong AI adoption and cloud helps Microsoft deliver another strong quarterly performance, amid $3 trillion valuation

11 months ago

Amazon Abandons $1.4bn iRobot Buy Amidst EU Opposition

Amazon calls off deal to buy iRobot for $1.4bn after EU raises concerns over competition in market for home devices

11 months ago

UK CMA Opens Antitrust Investigation Of Vodafone, Three Merger

Competition and Markets Authority (CMA) begins Phase 1 investigation of Vodafone UK's merger with Three UK

11 months ago

Binance Founder Changpeng Zhao Refused Permission To Leave US, Again

US judge refuses to allow Binance founder Zhao to travel to UAE, despite pledge of $4.5 billion equity stake in…

11 months ago

Microsoft Axes 1,900 Staff After Activision Acquisition

Microsoft adds to job gloom after axing 9 percent of its gaming division, after closing the Activision Blizzard acquisition

11 months ago

Netflix Subscribers Surge Amid Password Crackdown

Saturated streaming market? Netflix pleases investors by recording notable rise in paid subscribers, on top of strong Q4 financials

11 months ago

EU Set To Reject Amazon iRobot Buy

European Union set to reject Amazon takeover of Roomba robot vacuum cleaner maker iRobot after e-commerce giant fails to offer…

11 months ago

Elon Musk Seeks Larger Tesla Stake Ahead Of AI, Robotics Push

Tesla boss wants 25 percent controlling stake in EV giant, before growing firm to be AI and robotics leader

11 months ago

Crypto Firm HashKey Attains Unicorn Status With $100m Funding Round

Hong Kong-based crypto firm HashKey Group attains valuation greater than $1bn after $100m funding round, in sign of digital asset…

12 months ago

Microsoft Briefly Overtakes Apple As Most Valuable Tech Company

Microsoft briefly overtook Apple as the most valuable tech company in the world, after share price pushed market cap to…

12 months ago

SEC Approves Bitcoin ETFs, As Crypto Industry Rejoices

Watershed moment? What does US SEC approval of bitcoin ETFs mean for the bitcoin and entire crypto market?

12 months ago

SEC Investigates After Fake Post On X/Twitter Account

US securities regulator confirms unknown individual accessed its X social media account to post false message about ETFs

12 months ago

EU’s Antitrust Head To Meet Tech CEOs Next Week

Margrethe Vestager to met Tim Cook, Sundar Pichai, Jensen Huang etc to discuss EU digital regulation and competition policy

12 months ago

Intel Spins Out AI Firm Articul8, With DigitalBridge Backing

AI software developed at Intel is being spun off into independent firm Articul8 AI, with investment firm backing

12 months ago

Terra Co-Founder Do Kwon Violated US Law, Judge Rules

US judge sides with SEC, after ruling Do Kwon and Terraform Labs violated US law by failing to register two…

12 months ago

Israel Agrees $3.2bn Grant For Intel $25 Billion Chip Factory

Intel to make its largest ever single investment in Israel, with a $25 billion chip-making factory in the south of…

12 months ago

Hyperloop One To Close Down – Report

Futuristic travel experiment Hyperloop One to cease operations, as assets sold off and remaining staff made redundant

1 year ago

Controversial Parler Platform Set For 2024 Return

Social media platform Parler says it will return in Q1 2024 under new owners, after its closure back in April…

1 year ago

Toshiba Delisted From Toyko Stock Exchange After 74 Years

End of an era for Japanese electronics giant Toshiba, as it undergoes transition into private ownership after years of upheaval

1 year ago

Jack Ma-Backed Seafood Start-Up Begins Online Sales

Jack Ma-backed start-up 1.8 Meters Marine Technology begins selling seafood in stores and online as billionaire finds post-retirement focus

1 year ago

Adobe Abandons Figma Buy In Face Of EU, UK Probes

Adobe terminates acquisition of cloud design software maker Figma amidst mounting regulatory challenges in EU, UK

1 year ago