Tech giant Apple reportedly acquires British fintech start-up Credit Kudos for $150m, to perhaps bolster its financial services operation
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UK Watchdog Warns 50 Crypto Firms Of ‘Misleading Ads’
Enforcement notices dispatched. The UK's Advertising Standards Authority puts 50 crypto firms on notice over 'misleading ads'
BMW Blames Russian Invasion, As It Lowers Profit Forecast
German carmaker BMW warns of ongoing chip shortages and new supply chain disruptions caused by Russian's invasion of Ukraine
Tesla Raises Prices For Second Time In Days
Second price rise for Tesla electric vehicles in the space of a week, as inflationary pressure continues amidst Ukraine war
ARM To Axe 15 Percent Of Staff, 1,000 Jobs To Go
Chip designer ARM is to cut 15 percent of its workforce, as it reverts to its backup plan of an initial public offering after the Nvidia deal collapse
Toshiba’s Top Shareholder Opposes Breakup Plan
Years of turmoil at Japan's Toshiba continues, as leading shareholder opposes plan to break itself into three different units
Elon Musk Asks Judge For End Of Oversight Of His Tweets
Tesla boss Elon Musk formally asks a US judge to terminate the 2018 agreement with the SEC allowing lawyers to vet some of his tweets
Intel’s Mobileye Files For IPO
Intel’s self-driving-car unit Mobileye files for IPO in the United States, in what could be one of the largest tech floatations of 2022
Visa, Mastercard Block Russian Financial Institutions
Financial pressure on Moscow continues, with the news that Visa and Mastercard have blocked multiple Russian financial institutions
SEC Investigates Elon Musk And Brother Over Share Sales – Report
Fresh scrutiny. Elon Musk and his brother Kimbal Musk reportedly being investigated by the SEC for alleged insider trading
Just Eat Takeaway Chief Says No Plans To Sell Grubhub
Just Eat Takeaway chief executive Jitse Groen says plan to delist from Nasdaq does not indicate intention to sell Grubhub, amidst pressure on shares
Crypto Giant Binance To Take $200m Stake In Forbes
Giant cryptocurrency exchange Binance to take $200m stake in Forbes as media firm plans $630m listing in New York through blank-cheque company
FBI Arrest Couple For Alleged Laundering Of $4.5bn In Bitcoin
Married couple arrested in New York by FBI, in largest ever cryptocurrency theft case, as authorities seize $3.6 billion in stolen bitcoin
ARM Likely To File For Public Listing In US
Disappointment for London Stock Exchange, as ARM owner Softbank indicates it will file for public listing in the United States
Nvidia’s $40bn Purchase Of ARM Holdings Collapses
Softbank and Nvidia confirm termination of controversial $40bn purchase of UK's ARM, which now has new CEO ahead of initial public offering
Meta Stock Suffers, As Facebook Loses Daily Users For First Time
Facebook warns of significant Apple iOS privacy impact, which will decrease sales in the coming year by as much as $10 billion
Alphabet Posts Record Results, Announces 20 for 1 Stock Split
Google parent Alphabet posts a stunning set of quarterly and annual results, and announces a 20 to 1 stock split in the summer
Apple Shrugs Off Chip Shortage With Record Revenues
Tech giant surpasses Wall Street predictions, as revenues grow 11 percent despite Omicron variant and ongoing global chip shortage
Facebook To Close Down Diem Crypto Venture – Report
End of the road for Diem (formerly Libra) digital currency, with sale reported of Diem Association to financial institution
IMF Urges El Salvador To Drop Bitcoin As Legal Tender
South American country El Salvador urged to reconsider its decision to adopt Bitcoin as legal tender, amid huge value decline
Netflix Shares Drop On Growth Concerns
Netflix posts strong growth for full-year 2021, but shares plummet as investors are spooked by disappointing first-quarter growth prospects
Russia Proposes Ban On Cryptocurrencies, Crypto Mining
Russia's central bank has this week proposed the banning on the use and mining of cryptocurrencies, citing multiple risk factors
UK To Address Marketing Of High Risk Crypto Investments
British financial watchdog says it will curb the marketing of cryptoassets and other high-risk investments, amid a surge in online adverts
Amazon Last Minute Extension For Visa Card Payments
UK Amazon users can continue using their Visa cards for online shopping for now, after the two firms agree short term deal
Treasury Select Committee To Investigate Visa, Mastercard Fee Increases
Committee of MPs vows to scrutinise increases in the fees Visa and Mastercard charge businesses, after regulator finds no justification for the rise
Bitcoin Slumps To Lowest Level In Four Months
Crypto volatility. Bitcoin slumps to its lowest level since September, having lost over 40 percent of its value from its record high
China Mobile Enjoys Successful Shanghai IPO After NYSE Delisting
After being delisted from New York Stock Exchange last year, China Mobile enjoys successful public offering in its home market
Apple First To Breach $3 Trillion Market Cap
The iPhone juggernaut briefly surpasses the $3 trillion market capitalisation threshold on Monday, over a year since passing the $2 trillion mark
Huawei Admits 2021 Revenues Down Nearly 30 Percent
Chinese networking giant reveals scale of challenge posed by ongoing US and Western restrictions to its business performance
Elon Musk Sells Off Another $1 Billion Of Shares
Share sell-off continues for Tesla's Elon Musk, after he offloads another tranche of shares worth $1.02 billion to reach 10 percent target