Financial Markets

Facebook Warns Of ‘Significant’ Slowdown In Growth

Social networking giant Facebook records fastest growth since 2016, but warns annual revenue growth will slow “significantly”

3 years ago

Microsoft Thrives Thanks To Azure Growth

Software giant posts record results, as certain business segments (Azure) thrive during Coronavirus pandemic, but others struggle

3 years ago

Apple Posts Record Breaking Profit, But Warns Of Chip Shortage

Apple's earnings juggernaut continues, as strong sales of iPhones continues to drive up profits, but chip shortage looms

3 years ago

Intel Warns Chip Shortage Could Last Until 2023

CEO Pat Gelsinger said chip ecosystem recovering, but supply chain is stilled stressed, with chip shortages to last until 2023

3 years ago

Visa Continues Fintech Push With Currencycloud Acquisition

London-based forex specialist Currencycloud is to be acquired by payment giant Visa, in a deal worth £700 million ($963m)

3 years ago

Binance Pulls Digital ‘Stock Tokens’ After Crackdown

Hong Kong becomes latest in string of regulators around world to issue warnings about Binance 'stock tokens' as company pulls…

3 years ago

SoftBank Buys Into Korean Travel Start-Up Yanolja Ahead Of US Listing

SoftBank's Vision Fund reportedly planning to buy 10 percent of South Korean hotel booking platform Yanolja as it looks to…

3 years ago

Crypto Exchange Start-Up Bullish Sets Market Debut

Cryptocurrency market start-up Bullish plans $9bn market debut through merger with Far Peak Acquisition, headed by former NYSE president Tom…

3 years ago

Indonesia’s Bukalapak Plans $1bn Domestic IPO

Indonesian e-commerce firm Bukalapak set to become first tech 'unicorn' to make market debut in the country as it seeks…

3 years ago

China Expands Regulatory Crackdown On Didi As Investors Sue

China expands regulatory crackdown on ride-hailing firm Didi Global following IPO last month, as US investors sue over share price…

3 years ago

Mexico Bans Cryptocurrency Trades Or Services

Mexico's central bank and the country's finance ministry says financial institutions are not allowed to utilise cryptocurrencies

3 years ago

Starlink Will Go Public When Cash Flow Stabilises – Elon Musk

SpaceX's Elon Musk confirms the Starlink broadband satellite venture will eventually apply for an initial public offering (IPO)

4 years ago

Alan Turing £50 Bank Note Enters Circulation

New £50 polymer bank note bearing the photo of WW2 codebreaker and computing and AI pioneer Alan Turing enters circulation

4 years ago

Microsoft Now Valued At $2 Trillion

Software giant Microsoft joins Apple, as it cross the $2 trillion threshold to become only the second company to reach…

4 years ago

Bitcoin Plummets To Below $30,000 Amid China Crackdown

Bitcoin digital currency falls below $30,000 in value on Tuesday for the first time since January, as China clampdown bites…

4 years ago

BBVA Offers Bitcoin Trading Services In Switzerland

Spain's BBVA launches Bitcoin trading and custody services in Switzerland, with the aim of extending them to other countries

4 years ago

China Regions Order Bitcoin Mining Shutdown

Two of China's biggest cryptocurrency mining regions order mining operations to cease operations, even as China aims for blockchain leadership

4 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…

4 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…

4 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

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

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

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

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