Google subsidiary in Russia has its local bank account seized by authorities, and responds by announcing intention to file for bankruptcy
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Twitter Fights Back Over Musk Bot Allegations
Twitter chief executive Parag Agrawal defends company's estimates of fake accounts as Elon Musk says renegotiating deal not 'out of the question'
Cryptocurrency Crash Continues As Ethereum, Luna Plummet
After Bitcoin suffers major crash this week, Ethereum, Luna, terraUSD and other cryptocurrencies plunge, wiping $200 billion off entire market
Apple No Longer The Most Valuable Company In World
Oil giant Aramco has overtaken Apple as the most valuable company in the world, amid a decline in the iPhone maker's share price
Funding Round Values Cryptocurrency Exchange KuCoin At $10bn
New $150m funding round values Seychelles-based cryptocurrency exchange KuCoin at $10bn amidst soaring investment in 'web3' ventures
Bitcoin Falls 50 Percent From November High
Bitcoin, other cryptocurrencies slump amidst broader stock market sell-off amidst central bank interest rate hike and economic uncertainty
Netflix Sued By Shareholders Over Subscription Disclosure
Disgruntled Netflix shareholders are suing streaming giant Netflix, alleging it misled the market after a significant drop in subscriber numbers
German Minister Urges Tougher EU Antitrust Action
Must get tougher? German minister urges EC to consider breaking up companies for serious antitrust breaches, amid antitrust reform proposals
Alibaba Shares Briefly Plunge After Report About ‘Ma’
Alibaba Hong Kong shares briefly drop after ambiguous state media report about individual named 'Ma', as government strives to calm investor jitters
Apple Profits Surge, As Firm Warns Of Trouble Ahead
No interruption for the Apple gravy train, as it shrugged off supply chain troubles. However it forecasted bigger problems ahead
Tesla’s Elon Musk Sells Shares Worth $4bn, Promises No More
Elon Musk sells $4 billion of Tesla shares to help in his Twitter takeover, but indicates no further Tesla share sales are planned
Amazon Posts First Net Loss Since 2015, Amid Challenging Market
Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take their toll
Meta Pleases Investors After Daily User Number Growth Returns
Shares in Meta rose 20 percent in relief with modest daily and monthly user growth, despite mixed financial results in the first quarter
Alphabet Profit Slides As YouTube Misses Expectations
Tech giant posts mixed first quarter results, as Alphabet contends with rising inflation, increased YouTube competition, and falling ad spend
Twitter To Be Sold To Elon Musk For $44 Billion
Now what? Board of directors agrees to sell Twitter to the world's richest man, who has frequently criticised the platform over “free speech”
Tesla Profits Hit New High In Spite Of Price Hikes
Tesla profits hit new record for first quarter, in spite of ongoing supply-chain disruption, Covid-19 restrictions, rising costs and price hikes
Musk In Talks With Thoma Bravo Over Joint Twitter Bid – Report
Media report suggests Elon Musk is in talks with private equity group Thoma Bravo about partnering up for possible Twitter takeover
Toshiba Says It Will Seek Buyout Offers
Strategic options. Japanese conglomerate shares rise after Toshiba says it will solicit deal offers, including buyout offers
Musk Secures $46.5 Billion Funding For Twitter Takeover
World's wealthiest man Elon Musk puts up $33.5 billion of his own money, as he readies for boardroom battle over his Twitter bid
Netflix Subscribers Fall For First Time In Ten Years
Streaming giant Netflix reveals loss of subscribers for the first time in ten years, and mulls lower-cost subscription plan with adverts
Amazon Adds Fuel, Inflation Surcharge To Sellers
US online shoppers could soon face high prices, after Amazon added a 5 percent “fuel and inflation surcharge” to the fees it charges third-party sellers
Investor Sues Elon Musk Over Late Share Disclosure
Twitter shareholder sues Elon Musk for failing to disclose his substantial stake in a timely manner, which impacted platform's share price
Elon Musk Will Not Join Twitter Board, CEO Confirms
Last minute u-turn from Elon Musk, as Parag Agrawal confirms Musk will not, after all, join the board of directors at Twitter
HP Shares Soar After Warren Buffett Reveals $4.2 billion Stake
Strategic move? Respected Wall Street investment group Berkshire Hathaway takes sizeable 11.4 percent stake in PC maker HP
Meta Finance Move With ‘Zuck Bucks’ Virtual Coins – Report
Plans at Meta to introduce virtual coins and lending services to its apps portfolio, despite cryptocurrency project collapse
Government Sets Out Plan To Recognise Stablecoins
Royal Mint to create a Non-Fungible Token (NFT) this summer, as the government unveils move to recognise stablecoins as a valid form of payment
Bitcoin Mining Start-Up To Make Nasdaq Debut
Bitcoin mining and infrastructure start-up Prime Blockchain set to list on Nasdaq in merger with blank-cheque firm valuing it at $1.25bn
Apple To Cut iPhone Production – Report
Inflation pressures, coupled with the Ukraine invasion have been blamed as Apple plans to lower production of iPhone SE and AirPods in 2022
Anonymous Claims Hack Of Russia’s Central Bank
Hacking group's war on Russia continues with Central Bank hack claim. And Anonymous promises to release 35,000 files containing 'secret agreements'
Bank Of England Begins To Outline UK’s Crypto Regulatory Approach
The UK's Bank of England begins this week to publicly outline its first regulatory framework for cryptoassets, amid ongoing concerns