Financial Markets

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

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

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

Craig Wright Wins US Case Over Bitcoin Inventor Claim

Computer scientist who claims to be Satoshi Nakamoto, wins US court case against former partner, and avoids having to split…

3 years ago

Musk Tesla Share Sale Surpasses $10bn

Elon Musk's Tesla share sell-off surpasses $10 billion as it reaches into fourth consecutive week, while Cybertruck gets 'insane' four-motor…

3 years ago

Didi Global To Delist From New York Stock Exchange

Chinese ride-hailing giant Didi Global to exit New York Stock Exchange only months after disastrous IPO, as it plans 'immediate'…

3 years ago

Jack Dorsey’s Square Changes Name To Block

When a Square becomes a Block. Payments giant Square will change its corporate name to Block next week, amid blockchain…

3 years ago

SpaceX’s Elon Musk Warns Of Bankruptcy Risk Over Engine Issue

SpaceX CEO Elon Musk warns of “disaster” concerning production of Starship Raptor engine that puts entire firm at bankruptcy risk

3 years ago

Facebook Cryptocurrency Executive David Marcus To Leave

Executive in charge of Meta's cryptocurrency efforts, confirms he is leaving after seven years at the social networking giant

3 years ago

India Moves To Ban Private Cryptocurrencies

India is to launch its own official digital currency, but will also ban private cryptocurrencies under new government proposals

3 years ago

Elon Musk Realises $1bn, After Another Tesla Share Sale

Half way there. Elon Musk sells another tranche of Tesla shares worth $1.05 billion, as he continues to honour Twitter…

3 years ago

Amazon-Backed Rivian Enjoys Successful Nasdaq IPO

Amazon-backed electric car start-up Rivian enjoys biggest public listing in the United States since Facebook back in 2012

3 years ago

Elon Musk Sells $5bn Of Tesla Stock After Twitter Poll

One of the world's richest men, Elon Musk, has sold 3 percent of his stake in Tesla, just days after…

3 years ago

Trading App Robinhood Admits Data Breach

Email addresses of 5 million customers compromised by outside third party, after Robinhood admits 'data security incident'

3 years ago

Twitter Backs Elon Musk Selling 10 Percent Of Tesla

What SEC scrutiny? Elon Musk asks Twitter users whether he should sell 10 percent of Tesla, and majority back share…

3 years ago

Tesla Reaches $1 Trillion Valuation

Car maker Tesla now worth at least double that of Toyota, Volkswagen and Ford combined, after breaching $1 trillion market…

3 years ago

Facebook Considers Name Change In Major Rebrand – Report

What's in a name? Facebook is reportedly planning to rebrand itself with a new name, similar to the Alphabet/Google setup

3 years ago

GitLab Raises $800m In Successful Initial Public Offering

After a successful public debut that raised hundreds of millions of dollars, coding platform GitLab is now valued at an…

3 years ago

World Leaders Agree Corporation Tax Rate

Tax loophole finally closed? After years of talks, threats and tariffs, world leaders reach an historic agreement of 15 percent…

3 years ago

Tesla Moves Headquarters From California To Texas

Elon Musk follows through on his warning, after clashing repeatedly with Californian officials last year, and moves Tesla's corporate headquarters…

3 years ago

Freshworks Valued At $12.2 Billion After Nasdaq IPO

Business software provider Freshworks, which seeks to challenge Salesforce in the CRM space, enjoys successful Nasdaq debut

3 years ago

Boris Johnson Talks Tax With Amazon’s Jeff Bezos

Downing Street confirms British Prime Minister discussed the issue of taxation during meeting with Jeff Bezos in New York

3 years ago

GitLab Files For Initial Public Offering After $6bn Valuation

Software development platform maker GitLab files for public offering on Nasdaq after January secondary share sale that valued it at…

3 years ago

UK Government Holds Stakes In 158 Start-ups

British Business Bank which runs the Government's 'Future Fund' has provided funding of $1.1 billion and holds stakes in 158…

3 years ago

BT Takeover Speculation Rises After Deutsche Telekom Comments

Comments made by the CEO of Deutsche Telekom, prompts renewed speculation of German telecoms giant intentions towards the UK's BT

3 years ago

US Regulator ‘Investigating’ Crypto Exchange Developer Uniswap Labs

US Securities and Exchange Commission reportedly launches probe into Uniswap Labs, developer of world's biggest decentralised finance platform

3 years ago

Amazon-Backed Electric Car Maker Rivian Files For IPO

Amazon-backed electric car start-up Rivian files for IPO, weeks ahead of delayed plans to deliver first pick-up trucks to customers

3 years ago

Tim Cook Lands $750m Bonanza In Share Award

CEO Tim Cook is awarded more than three quarters of a billion dollars in Apple shares after ten years in…

3 years ago

Amazon Online Sales Growth Slows Amid Lockdown Easing

Growth for online shopping at Amazon settles down to more normal levels after the pandemic boost, but AWS continues to…

3 years ago